Baku: The Asian Development Bank (ADB) has approved $1.25 million in technical support for “Azerbaijan Railways” CJSC to develop a decarbonization project, APA-Economics reports citing the bank. ADB will allocate $250,000 of the funding through the Te…
New York: US tariff policy continues to drive down oil prices, leading to broader economic consequences, APA-Economics reports citing the international rating agency Moody’s. Concerns over a potential trade war because of the US trade policy could red…
Baku: A total of 2,325 drug-related incidents were recorded during January-March 2025 as a result of joint operations by Azerbaijani law enforcement entities targeting drug addiction and the illegal drug trade.
According to Azeri-Press News Agency,…
Baku: President of the Republic of Azerbaijan Ilham Aliyev extended condolences to Camerlengo of the Holy Roman Church Kevin Farrell over the passing of Pope Francis, APA reports.
According to Azeri-Press News Agency, President Aliyev expressed deep…
Baku: Azerbaijan detained 28 foreigners in drug-related cases in the first quarter of this year, as reported by the State Commission on Combating Drug Abuse and Illicit Drug Trafficking. In January-March, 1,068 individuals faced criminal charges for i…
Baku: An Uzbek citizen has been extradited to his country, the Prosecutor General’s Office of the Republic of Azerbaijan told APA. The individual, Akif Imran Rzayev, born in 1962, was detained in Azerbaijan in January and placed under preventive deten…
New York: Gold prices surged to a new record high on Monday, driven by growing geopolitical tensions, a weakening U.S. dollar, and strong central bank demand, APA-Economics reports citing Investing.com. Based on the New York COMEX commodity exchange d…
Baku: An individual suspected of engaging in terrorism has been apprehended and transported back to Azerbaijan for legal proceedings. The arrest and subsequent trial of Najimov Ruslan Rafiq oglu took place at the Sabail District Court in Baku, where t…
New York: The price of natural gas futures on the NYMEX commodity exchange in New York has decreased, APA-Economics reports.
According to Azeri-Press News Agency, the price of natural gas futures for delivery in May has dropped by 1.36% to USD 3.201…