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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.