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South Caucasus News

Ukraine hits 2 oil bases in Russia overnight, setting them ablaze: multiple explosions occurred



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South Caucasus News

Price of Azerbaijan’s “Azeri Light” Crude rises to $69.74 per barrel


The price of Azerbaijan’s “Azeri Light” crude oil, based on the CIF (Cost, Insurance, and Freight) delivery at Italy’s Augusta port, rose by $0.43, or 0.62%, reaching $69.74 per barrel, Azernews reports.

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South Caucasus News

EU urges Georgian authorities to immediately reverse NGO account freeze


EU urges Georgia to lift NGO account freeze

The European Union calls on the Georgian authorities to immediately reverse the decision to freeze the bank accounts of independent civil society organizations, according to a statement by the EU’s official representative.

The incident was described as yet another infringement on fundamental rights and an example of the judiciary being used as a tool of repression. The EU qualified this decision as an act of political persecution – a deliberate deprivation of access to funds aimed at silencing and punishing dissent.

On August 27, the Tbilisi City Court granted the prosecutor’s request to freeze the bank accounts of seven non-governmental organizations as part of an investigation into ‘sabotage, attempted sabotage under aggravating circumstances, assisting a foreign organization in hostile activities, as well as mobilizing funds for activities directed against the constitutional order and the foundations of Georgia’s national security.’

According to the Prosecutor’s Office statement, the funds of these NGOs were used to purchase special equipment – gas masks, protective goggles, masks, pepper spray, and other items ‘which protesters actively used during violent clashes with the police.

Text of the statement

“The European Union urges the Georgian authorities to immediately reverse the decision to freeze the bank accounts of independent civil society organisations.

This is another assault on fundamental rights and a weaponisation of the justice system as a tool of repression – an act of political persecution through deliberate financial suffocation, intended to silence and punish dissenting voices.

Civil society organisations are not enemies of the state, but the backbone of democratic pluralism and accountability. For years, Georgia’s vibrant civil society has been a driving force of the country’s European integration, delivering tangible benefits to its citizens. Targeting these organisations contradicts fundamental democratic values and undermines the basic principles expected of a candidate country.

The European Union stands firmly with Georgia’s resilient and brave civil society, which continues to serve the citizens despite growing repression by the authorities.”


Amnesty International: “Georgian government is sabotaging human rights”

“Georgian Dream is spreading disinformation about the role of the European Union in Georgia” – EU

News in Georgia


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South Caucasus News

Velocity of the Azerbaijani Manat reaches 3.39 as of August 1


As of August 1, 2025, the velocity of Azerbaijan’s national currency—the manat—stood at 3.39, according to the Central Bank of Azerbaijan (CBA), Azernews reports.

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South Caucasus News

Iran, Armenia top security officials hold key meeting – Mehr News Agency


Iran, Armenia top security officials hold key meeting  Mehr News Agency

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South Caucasus News

Почему корпорации США скупают сами себя?



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South Caucasus News

Flamingo missiles are expected to hit one of Putin’s residences: there are another main targets



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South Caucasus News

Baku–Aghdam Train Service resumes after 32-year hiatus


The Baku–Aghdam passenger train service has officially resumed after a 32-year suspension, Azernews reports.

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South Caucasus News

Cheap Car Insurance for Sports Cars | The Zebra


What makes car insurance for sports cars different? With their high-performance engines and athletic designs, sports cars can offer some of the most incredible driving experiences out there. However, the added horsepower means many car insurance companies might be less eager to insure them.

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South Caucasus News

Torpedo 14 – Aristocraft Boats – Classic Boats


• Boats come as original, but can be customized to your specifications for paint choices and seat colors. Give us a call to discuss your boat finished as original or the way you like.