Economy
Poland intends to invest approximately 15 billion zlotys ($3.8 billion) to establish a permanent US military base on its territory, according to the country's Minister of National Defence Vladislav Kosiniak-Kamysz.
Read more →Economy
Since 2006, the East Azeri platform has produced more than 645 million barrels (87 million tons) of oil, significantly contributing to the overall 4.7 billion barrels produced from the Azeri-Chirag-Gunashli field.
Read more →Economy
Qatar's Deputy Prime Minister Sheikh Saud bin Abdulrahman Al Thani stated that the shocks caused by the US-Israel-Iran conflict in the global energy market have not yet reached their peak. He spoke at the Global Security Forum held in Doha.
Read more →Economy
From January to September 2023, Azerbaijan earned 408 thousand dollars from silk exports, marking a 9% increase compared to the same period last year. The country's silk imports during the same period amounted to 40.2 thousand dollars.
Read more →Economy
The World Bank invites developing countries to create AI models tailored to small-scale and local conditions. These technologies can operate on mobile phones without requiring strong internet connections, accelerating economic development.
Read more →Economy
US President Donald Trump has expressed confidence that a trade agreement between his country and Canada will be reached soon. He criticized Canada's trade policies, emphasizing that the US loses $90 billion annually in these relations.
Read more →Economy
US Commerce Secretary Howard Lutnik stated that the rising demand for memory chips in artificial intelligence has led to price increases and supply issues. Apple plans to buy memory chips from China to address these challenges.
Read more →Economy
US Defense Secretary Pete Hegseth announced that the naval blockade against Iran will continue indefinitely. This military move aims to strengthen economic isolation amid stalled ceasefire talks with Iran.
Read more →Economy
According to a new US report, China circumvented the high tariffs imposed by the Trump administration by routing imports through countries with lower tariffs, including Canada and India.
Read more →Economy
A meeting led by Ali Ahmadov, Deputy Chairman of the Central Bank of Azerbaijan, focused on the development of the capital market for the second quarter of 2026, the activities of investment companies, and the future strategy of the financial sector.
Read more →Economy
Expressbank offers cash loans up to 70,000 AZN with discounted annual interest rates to State Border Service employees in celebration of their professional holiday.
Read more →Economy
The International Energy Agency (IEA) forecasts a daily decrease of 4.3 million barrels in global oil supply in 2026. This decline is 0.6 million barrels more than previous estimates, with supply expected to fall to 102 million barrels.
Read more →Economy
In January-July 2026, consolidated budget revenues amounted to 28.84 billion manats, while expenditures were at 23.74 billion manats. These figures reflect the sustainability of public finances and ongoing economic development.
Read more →Economy
A brief explanation has been given about the new agricultural export program, with increased financial support for farmers.
Read more →