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Friday, August 7, 2026
Azerbaijan’s debt shrinks as reliance on foreign credit fades

Azerbaijan’s debt shrinks as reliance on foreign credit fades

The sovereign balance sheet of a nation is rarely a narrative written in bold strokes of victory; it is, instead, a quiet sonata composed in the ledger of time, where debts fade like footprints on a receding tide. In the calm arithmetic of fiscal discipline, Azerbaijan has been conducting such a performance, replacing external obligations with self-reliance.

Nation
Freight shipment of wheat and coal to transit Azerbaijan heading to Armenia

Freight shipment of wheat and coal to transit Azerbaijan heading to Armenia

Eight railcars carrying wheat and ten carrying coal will be dispatched tomorrow from Bilajari station to Armenia, transiting via Azerbaijan.

Oil & Gas
Azeri Light crude rises to $93.37 per barrel in Augusta Port

Azeri Light crude rises to $93.37 per barrel in Augusta Port

The price of Azerbaijan's "Azeri Light" crude oil on a CIF basis at the Italian port of Augusta increased by $2.33, or 2.56%, compared to the previous indicator, reaching $93.37 per barrel, AzerNEWS reports.

Business
Gold prices rise on easing Middle East tensions

Gold prices rise on easing Middle East tensions

Gold prices rose for a fourth consecutive day on Thursday, reaching their highest level in seven weeks amid growing optimism that the Strait of Hormuz could reopen.

Armenian-Azerbaijani Relations
Baku Court of Appeals rejects appeals filed by convicted Armenian nationals [PHOTOS]

Baku Court of Appeals rejects appeals filed by convicted Armenian nationals [PHOTOS]

On August 6, an open court hearing continued at the Baku Court of Appeals regarding appeals filed by citizens of the Republic of Armenia - Arayik Harutyunyan, Arkadi Ghukasyan, Bako Sahakyan, Davit Ishkhanyan, David Babayan, Levon Mnatsakanyan, and others - who were convicted by the Baku Military Court of crimes against peace and humanity, war crimes, including the preparation and conduct of an aggressive war, genocide, violations of the laws and customs of war, terrorism, financing of terrorism, forcible seizure of power, and numerous other crimes as a result of Armenia’s military aggression against Azerbaijan.

World
WBD Q2 results miss expectations amid revenue decline

WBD Q2 results miss expectations amid revenue decline

Warner Bros. Discovery reported second-quarter fiscal 2026 revenue of $8.7 billion on Thursday, down 11% compared with the same period last year and below analysts’ expectations, AzerNEWS reports, citing foreign media.

Analysis

Lifestyle
Urban birds fly away sooner from women than men

Urban birds fly away sooner from women than men

Urban birds tend to take flight earlier when approached by women than by men, according to a study titled "Sex matters: European urban birds flee approaching women sooner than approaching men", AzerNEWS reports.

Culture
Azerbaijan honors its photography legacy with commemorative stamp [PHOTOS]

Azerbaijan honors its photography legacy with commemorative stamp [PHOTOS]

For more than 165 years, photography has captured Azerbaijan's history, cultural heritage, and the changes that have shaped the country over time.

Travel
Azerbaijani pilgrims currently at Medina international airport

Azerbaijani pilgrims currently at Medina international airport
Second group of Azerbaijani pilgrims to depart for Hajj this month

Second group of Azerbaijani pilgrims to depart for Hajj this month
Astana celebrates Novruz with festive events and cultural celebrations [PHOTOS]

Astana celebrates Novruz with festive events and cultural celebrations [PHOTOS]
Albania’s impeccable hospitality and exuberant architecture

Albania’s impeccable hospitality and exuberant architecture
Experience charm of autumn season at Shahdag National Park

Experience charm of autumn season at Shahdag National Park
Georgian foreign travelers arrive in Shusha

Georgian foreign travelers arrive in Shusha

Events
Another group of families returns to Khojavand [PHOTOS]

Another group of families returns to Khojavand [PHOTOS]

In line with the instructions of President of Azerbaijan Ilham Aliyev, the Great Return process to the country’s liberated territories continues.

Sports
Qarabag FC to face Dynamo Kyiv in UEFA Conference League Qualifier

Qarabag FC to face Dynamo Kyiv in UEFA Conference League Qualifier

Azerbaijan's Qarabag FC will play the first leg of its UEFA Conference League third qualifying round tie against Ukraine's Dynamo Kyiv on August 6, AzerNEWS reports.

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