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Saturday October 18 2025
Azerbaijan’s debt strategy sets model for fiscal sovereignty amid global volatility

Azerbaijan’s debt strategy sets model for fiscal sovereignty amid global volatility

In an era where global debt levels are soaring and economic uncertainty looms large, Azerbaijan has quietly but decisively charted a course that deserves international recognition. The country’s strategic reduction of its external debt, which is from $8.9 billion in 2018 to $4.9 billion as of October 2025, is not merely a fiscal achievement. It is a declaration of economic independence, a testament to disciplined governance, and a blueprint for emerging economies seeking resilience in a turbulent global landscape.

Oil product exports from Azerbaijan to India decline sharply

Oil product exports from Azerbaijan to India decline sharply

From January to September 2025, Azerbaijan exported oil products derived from crude oil and bituminous rocks to India valued at $53.5 million, with a volume of 107,500 tons, Azernews reports, citing the State Customs Committee. According to information, this represents a significant decline compared to the same period last year, with the value decreasing by...

Azerbaijan’s power exports to Iran decline to $594,000 in January–August

Azerbaijan’s power exports to Iran decline to $594,000 in January–August

In January–August 2025, Azerbaijan exported 20.923 million kWh of electricity to the Islamic Republic of Iran, Azernews reports, citing the State Statistics Committee. Revenue from these exports totaled...

Armenia rejects Azerbaijan’s demand for constitutional changes before peace deal

Armenia rejects Azerbaijan’s demand for constitutional changes before peace deal

Armenia has firmly rejected Azerbaijan’s demand to amend its constitution as a precondition for signing a peace agreement, Foreign Minister Ararat Mirzoyan said during a joint press conference with Finnish Foreign Minister and OSCE Chair Elina Valtonen, Azernews reports, local media outlets.

Defendants challenge evidence as Baku Court examines public statements in war crimes trial [PHOTOS]

Defendants challenge evidence as Baku Court examines public statements in war crimes trial [PHOTOS]

The open court hearing session for criminal cases against citizens of the Republic of Armenia, including Arayik Harutyunyan, Arkadi Ghukasyan, Bako Sahakyan, Davit Ishkhanian, David Babayan, Levon Mnatsakanyan, and others, who are accused of crimes against peace and humanity, war crimes—including the preparation and conduct of aggressive war, genocide, violation of the laws and customs of war—as well as terrorism, financing of terrorism, forcible seizure of power, forcible retention of power, and numerous other crimes resulting from Armenia's military aggression against Azerbaijan, continued on October 17.

Prince Andrew could lose Duke of York title as King Charles weighs next move

Prince Andrew could lose Duke of York title as King Charles weighs next move

King Charles is reportedly considering stripping his brother Prince Andrew of his royal title amid renewed interest surrounding Andrew's connection to convicted sex offender Jeffrey Epstein.

Azerbaijani tea tasting held in Estonia [PHOTOS]

Azerbaijani tea tasting held in Estonia [PHOTOS]

Azerbaijani tea tasting event titled "Azerbaijani Tea: Traditions and Modernity" has taken place at the "Buta" Azerbaijani Culture Center in Tallinn, led by artist Rovshan Nur, Azernews reports.

National Library launches virtual exhibition on Fuzuli City Day [PHOTOS]

National Library launches virtual exhibition on Fuzuli City Day [PHOTOS]

On this historic day, the Azerbaijan National Library has presented a virtual exhibition titled "October 17 – Fuzuli City Day" as well as a traditional book exhibition of the same name for its users, Azernews reports.

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