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Thursday, July 16, 2026
Baku's tourism boom runs into diversification reckoning by World Bank

Baku's tourism boom runs into diversification reckoning by World Bank

The predominantly oil-dependent economy and a stalled post-pandemic recovery in visitor numbers have pushed Washington's development lender to tell Baku, again, that its capital-centred tourism strategy has reached its limits.

Ankara offers one-year deal to safeguard Iraqi oil exports

Ankara offers one-year deal to safeguard Iraqi oil exports

Türkiye is working with Iraq on a comprehensive agreement to replace the existing Iraq-Türkiye Crude Oil Pipeline Agreement, Energy and Natural Resources Minister Alparslan Bayraktar said, adding that Ankara has proposed a one-year interim arrangement to ensure uninterrupted oil flows while negotiations continue.

Gold eases while silver posts modest gains

Gold eases while silver posts modest gains

Gold is on track to end the week lower as growing concerns that escalating tensions between the United States and Iran could fuel inflation and force the U.S. Federal Reserve to maintain its tight monetary policy weigh on investor sentiment.

Türkiye turns political turmoil into economic resilience

Türkiye turns political turmoil into economic resilience

Representatives of Türkiye's leading business organizations said the country's economy has significantly strengthened over the decade since the failed coup attempt of July 15, 2016, emphasizing that economic independence is an inseparable pillar of national sovereignty.

Shusha Global Media Forum returns this time in its most consequential form yet

Shusha Global Media Forum returns this time in its most consequential form yet

On July 13–14, Shusha will host the fourth edition of its Global Media Forum under the theme "The Mission of Media in Promoting Peace: Restoring Truth and Rebuilding Trust." Nearly 160 media representatives, experts, and officials from 54 countries are expected, including delegates from some 30 international news agencies and more than 60 leading media organisations, making it one of the most internationally diverse gatherings the South Caucasus media calendar has seen this year.

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