Day: April 16, 2026

Azerbaijan and Armenia have recorded a notable, albeit limited, development in bilateral trade, marking a rare instance of direct economic exchange between the two countries, AzerNEWS reports.

The Azerbaijan Culture Ministry has hosted a meeting with renowned theatre, film, and television director, People’s Artist Ramiz Hasanoglu, AzerNEWS reports.

The price of Azerbaijan’s flagship “Azeri Light” crude has recorded a notable decline in key export hubs, reflecting a broader downturn in global oil markets.

United States President Donald Trump told Fox Business in an interview published on Wednesday that he sent a letter to his Chinese counterpart Xi Jinping to ask him not to send weapons to Iran, and stated that the Chinese president wrote him back saying “he’s not doing that”, AzerNEWS reports.

Azerbaijan State Oil Fund’s “Galaxy Orientis” investment platform, jointly established with China and Indonesia, is essentially the clearest example of our country’s new financial doctrine defined for the coming decades. This step is not merely an agreement signed by a group of bureaucrats or the transfer of several hundred million dollars from one account to another; it is a far-sighted strategic maneuver chosen by Azerbaijan to protect its wealth in an era when global power centers are shifting.

The British Broadcasting Corporation (BBC) plans to eliminate 2,000 jobs across its departments as the broadcaster prepares for the arrival of the recently appointed BBC Director-General Matt Brittin, who is set to take over on May 18, Financial Times reported on Wednesday, citing people familiar with the matter, AzerNEWS reports.