Day: December 25, 2025

The final trial of Karen Avanesyan, a resident of Armenian origin accused of terrorism and other particularly serious crimes in Khankendi, concluded at the Ganja Grave Crimes Court, chaired by Judge Ilkin Ibishov, Azernews reports.

For the non-oil sector, the manat’s nominal effective exchange rate reached 175.5 index points, up 0.2 points month-on-month but down 4.9 points year-on-year.

International rating agency S&P Global Ratings has upgraded the credit rating outlook for the State Oil Company of Azerbaijan (SOCAR) from “stable” to “positive” and affirmed the company’s rating at BB, Azernews reports, citing S&P.

🇦🇲🇺��🇦🇿“#Azerbaijan and #Armenia. A war could have started, and it would have been terrible. We resolved it,” U.S. Secretary of State #MarcoRubio said while summing up the State Department’s work for 2025.

#USA #Pashinyan #Trump #MiddleEast #SouthCaucasus

— Arthur Maghakian (@ArMaghak) Dec 25, 2025