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South Caucasus News

Asian markets plunge as US-Iran tensions escalate, raising fears of global energy crisis


Major stock markets across Asia tumbled on Monday as escalating threats between United States and Iran deepened investor concerns, with the ongoing conflict now entering its fourth week, AzerNEWS reports, citing foreign media.

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South Caucasus News

President Ilham Aliyev visits Shamakhi district


The President of the Republic of Azerbaijan, Ilham Aliyev, paid a visit to Shamakhi District on March 23, AzerNEWS reports.

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South Caucasus News

Azerbaijan–Georgia trade surges nearly 19% in early this year


Trade turnover between Azerbaijan and Georgia reached $176.6 million in January–February 2026, marking a year-on-year increase of $28 million, or 18.9%, AzerNEWS reports, according to data from the State Customs Committee. During the reporting period, Georgia accounted for…

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South Caucasus News

Gold futures dip below $4,400 on Comex for first time


Gold prices on the Comex division of the New York Mercantile Exchange tumbled to levels not seen since early January, signaling renewed volatility in the precious metals market, AzerNEWS reports.

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South Caucasus News

Pashinyan Gives a New Reason not to Back Him in Next Parliamentary Elections – Oragark


Pashinyan Gives a New Reason not to Back Him in Next Parliamentary Elections  Oragark

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South Caucasus News

Italy’s FDI in Azerbaijan triples in past year


Direct investment flows between Azerbaijan and Italy saw a notable surge in 2025, reflecting deepening economic ties despite broader shifts in global capital movement, AzerNEWS reports, citing the Central Bank of Azerbaijan.

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South Caucasus News

Arrest wave approaches to Shoigu in Russia; another deputy of former minister jailed



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South Caucasus News

LeBron James sets NBA record for most games played


LeBron James has become the NBA’s all‑time leader in regular‑season appearances, playing his 1,612th game as the Los Angeles Lakers edged the Orlando Magic 105‑104 with a dramatic buzzer‑beater, AzerNEWS reports.

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South Caucasus News

Renewables on rise: How EBRD financing drives Azerbaijan’s low-carbon transition


Overall, the bank has invested €3.629 billion in Azerbaijan, of which €3.375 billion has been allocated to various development initiatives. This sustained engagement underscores the strategic role of multilateral finance in supporting Azerbaijan’s long-term economic resilience. A central pillar of EBRD-Azerbaijan cooperation is the development of renewable energy. The bank has financed over 1.2 gigawatts of renewable energy capacity in the country.

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South Caucasus News

Elon Musk: AI computing will be cheaper in space within 3 years


Artificial intelligence (AI) models may soon rely on space‑based computing power, which Elon Musk believes will be more efficient than Earth‑based systems.