Day: May 3, 2026

Iran’s latest proposal to end hostilities with the United States has set a one-month deadline for reaching a compromise to reopen the Strait of Hormuz, Axios reported, citing two sources with knowledge of the plan, AzerNEWS reports.

Initiated by the Heydar Aliyev Foundation, the “Baku Marathon 2026” is taking place today, marking a shift from a traditional athletic competition to a massive city-wide festival, AzerNEWS reports.

The Israeli security cabinet is expected to meet as early as Sunday to discuss the resumption of military operations in the Gaza Strip, the Israeli Broadcasting Authority reported on Saturday, AzerNEWS reports.

U.S. Secretary of State to meet with Pashinyan and Aliyev at Munich Security Conference  NEWS.am

As of April 1 this year, the net foreign assets of Azerbaijani banks amounted to 28.52 billion manat, AzerNEWS reports, citing the Central Bank of Azerbaijan.

The prospect of Azerbaijan’s strategic currency reserves climbing toward the 94-billion-dollar mark by 2028, as projected by the International Monetary Fund, is a defining moment for the nation’s long-term sovereignty. For a country situated at the volatile crossroads of Eurasia, these figures represent much more than passive wealth; they are the architectural blueprints of a future designed to withstand the inevitable transition away from a hydrocarbon-dominated global economy.

Armenia Summits Show Europe’s Caucasus Rivalry With Trump, Putin  Bloomberg.com