As heavily armed Baku turns screw on Yerevan in ongoing confrontation, Tehran’s position is described as “music to Armenia’s ears”.
Video shows attacker breaking into guard post armed with Kalashnikov assault rifle. Baku not happy with Tehran's explanation of events.
Civilian mission marks a new phase in the EU's engagement in the South Caucasus.
There is a high risk of a renewed outbreak of fighting between Azerbaijan and Armenia, and only a slight chance of a peace deal that settles the status of the ethnic Armenian enclave of Nagorno-Karabakh within Azerbaijan.
The European Bank for Reconstruction and Development invested a record €13.1bn into its Emerging Europe and Eurasia region in 2022, the bank announced on January 12.
There is an old joke that the role of economic forecasters is to make astrologers look good. Forecasting GDP or inflation for the upcoming year with any degree of accuracy is virtually impossible, but there are some scary signs appearing.
Mutual FDI stock in the Commonwealth of Independent States (CIS) countries grew fast until Russia went into recession in 2012, when its GDP growth sank to zero. However, it soon started to recover, with Russia playing the leading role in the region.
Kazatomprom said it was avoiding routes across Russia due to sanctions on the country.
President Berdimuhamedov may have put Turkish counterpart Erdogan’s nose out of joint by shelving pipeline interconnector proposal.
Self-proclaimed environmental demonstrators from Azerbaijan have blocked the road in Lachin, which is the only overland link between Armenia and Nagorno-Karabakh.
The global economy has been through some enormous changes in recent years, leading investors and analysts to believe we are at the start of a new high-inflation, lower-growth super-cycle that could last for as long as a decade.
Interest rate hikes have eased price pressures, but the weather, war and material costs could keep food prices elevated for longer,
Ashgabat said to be signalling that “it won’t get out of bed for anything less”.
Global debt remained above pre-pandemic levels in 2021 even after posting its steepest decline in 70 years, underscoring the challenges for policymakers.
Ahmad Mammadli thinks post-war Azerbaijan is fertile ground for new, radical political movements. However, he also fears his arrest might be a harbinger of a new wave of political repression.
SOFAZ reported losses from asset management of $2.659bn, or 5.7% of its value, as well as extra-budgetary expenses amounting to $2.46bn, largely due to exchange rate appreciation.
Getting the CSTO to send military assistance to Armenia and to condemn Azerbaijan's attacks were two of Yerevan's fundamental demands going into the summit.
Russia’s Gazprom announced on November 18 it would deliver up to 1bn cubic metres of natural gas to Azerbaijan between now and March under a new contract with the latter country’s state-owned oil firm SOCAR.
Development bank recommends countries should now gradually dial down help to vulnerable companies, so they can either learn to adapt to the new climate of higher interest rates or exit the market by going into insolvency.