The Second Karabakh War between Armenia and Azerbaijan changed geo-political situation in the South Caucasus. It is very important to underline that after the Armenian defeat in the April 2016 War, when Azerbaijani army liberated the strategically important hill Lala-Tepe, Armenia’s top military leaders strived to regain lost positions rather than accept new realities.
Moody's Investors Service ("Moody's") has today changed to positive from stable the outlook of State Oil Company of the Azerbaijan Republic (SOCAR).
The UK’s recent integrated review claims that Russia is expected to be “more active around the wider European neighbourhood”, seeking strategic advantage through exploiting and undermining democratic systems and open economies.
Armenian Prime Minister Nikol Pashinyan on Wednesday appealed to Russian President Vladimir Putin to help with the release of prisoners of war who were captured during fighting with Azeri forces during last year’s Nagorno-Karabakh conflict.
The Baku port last year handled 711.706 thousand tons of dry cargo, which is 2.8 times more than in 2019 and 3.5 times more than in 2015.
That was the bloody lesson of both Russia’s 2014 invasion of Ukraine, in which scout drones pinpointed Ukrainian armored vehicles for devastating rocket barrages, and Azerbaijan’s 2020 offensive in Nagorno-Karabakh, in which armed and kamikaze drones decimated Armenian armor.
In 2020, the economic growth of Azerbaijan took a toll due to the diminishing global gas and oil prices. The country’s GDP estimated to have declined by 4% during the year, compared with a 2.2% growth in 2019.
Hours before the signing of ceasefire agreement between Armenia and Azerbaijan on November 9, the Azerbaijani media reported of a large blast in the town of Khirdalan in the outskirts of Baku.
Masdar has announced the signing of agreements to develop a utility-scale solar photovoltaic (PV) project in the Republic of Azerbaijan. The 230-megawatt (MWac) project is the country’s first foreign investment-based independent solar project structured as a public-private partnership.
Ahead of World Health Day, WHO chief rues that some countries' health workers, high-risk groups remain unvaccinated.
“Scaling up production and equitable distribution remains the major barrier to ending the acute stage of the COVID-19 pandemic,” WHO Director-General Tedros Adhanom Ghebreyesus told a news conference. “It’s a
Imagine the scene: It is morning and a family is having breakfast - the mother, father and their children are drinking tea, but at the head of the table sits a lion, with a basin of raw meat in front of him. This is the story of how an ordinary Soviet family took in a sick lion cub and how it all ended.
This appears to be the end of the two-year legal saga of Robert Kocharyan. Now he says he’s going back to politics to challenge his political nemesis, Prime Minister Nikol Pashinyan.
According to the report published by the World Economic Forum in 2021, Pakistan ranks 153rd among 156 countries for gender parity in different areas of life.
On 4 April, 84,000 doses of AstraZeneca vaccines against COVID-19 arrived in Azerbaijan as part of the COVAX initiative, which is supported by the EU.
Moody's Investors Service ("Moody's") has today changed the outlook on Azerbaijan's rating to positive from stable and affirmed the long-term issuer and senior unsecured debt ratings at Ba2.
The Turkish government has ratified separate agreements with Albania and Azerbaijan on defense and trade, according to the Official Gazette on Tuesday.
Since the start of the construction of the Horadiz–Agbend railway, however, the Azerbaijani and Armenian sides have voiced inconsistent messages about the prospects of the reestablishment of the Zangezur corridor.
Turkish drone magnate Baykar closely follows global unmanned defense technology systems and it is working on unmanned fighter jets, the chief technology officer (CTO) of the company said Monday.
Azerbaijan has been growing its tourism economy for the last decade, reaching a record-breaking number of international travelers in 2019. Once the pandemic hit, the country’s tourism board realized they could use this time to emerge even stronger, thanks to Azerbaijan’s offerings that are equipped for a post-Covid-19 world.
The European Bank for Reconstruction and Development (EBRD) has agreed to provide a loan of $29.3m (€25m) to Azerbaijan’s pasta producer Avrora to enhance the company’s production capacities.
Iran has arrested an "Israeli spy" and a number of other people who were in contact with foreign intelligence services, Iranian state media reported on Monday, without giving the nationality of those arrested.
IRENA added that renewables’ rising share of the total is partly attributable to net decommissioning of fossil fuel power generation in Europe, North America and for the first time across Eurasia (Armenia, Azerbaijan, Georgia, Russian Federation and Turkey).
The recent Azerbaijan-Armenia war over the enclave of Nagorno-Karabakh also seems to be the cause of the current interest. The deciding factor that ensured Azerbaijan’s victory was the extensive military employment of drones in what has been one of those rare conventional wars in the last 15 years or more.
