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Sunday, August 9, 2026
Azerbaijan banks expand lending while keeping $2.7 billion liquidity cushion

Azerbaijan banks expand lending while keeping $2.7 billion liquidity cushion

According to official statements delivered by Central Bank Governor Taleh Kazimov during the monetary policy assessments, the banking sector maintains an excess liquidity pool of 6 billion manats prior to accounting for mandatory reserves.

Global warming exposes Russia’s dependence on China and Iran, says Goble

Global warming exposes Russia’s dependence on China and Iran, says Goble

Russia is once again talking about building the maritime infrastructure it needs to exploit the Northern Sea Route, but the scale of the task and the weakness of its domestic shipbuilding industry may leave Moscow with little choice but to turn to China for assistance, says Paul Goble, former Special Advisor to the Secretary of State and a longtime specialist on ethnic and religious questions in Eurasia, in his recent commentary on WindoonEurasia.

UK economy set for 0.4% growth despite Iran war pressures

UK economy set for 0.4% growth despite Iran war pressures

The UK economy is expected to have recorded another quarter of growth despite supply chain disruption, rising price pressures and wider uncertainty linked to the war in Iran, although economists warn that some sectors are increasingly coming under strain.

Iran war turns Strait of Hormuz into global economic pressure point

Iran war turns Strait of Hormuz into global economic pressure point

In recent months, the Strait of Hormuz has remained the main stumbling block in diplomatic efforts between the two sides. It is alternately closed and opened. Iran believes that only Tehran and Muscat can monitor navigation in the Strait of Hormuz, while Donald Trump asserts that the US will not allow Iran to charge fees for passage through the strait.

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