Balcazar elected as Peru’s interim president
Peruvian lawmakers elected Jose Balcazar as the country's new interim president on Wednesday (18 February) ahead of general elections in April.
Peruvian lawmakers elected Jose Balcazar as the country's new interim president on Wednesday (18 February) ahead of general elections in April.
Russia has outlined potential areas for economic cooperation with the Trump administration, including a possible return to using the U.S. dollar in bilateral dealings, Bloomberg News reported, citing an internal Kremlin memo.
China became Brazil’s largest source of imported vehicles in January, overtaking long-time leader Argentina in a shift that underscores Beijing’s rapidly expanding influence in one of Latin America’s biggest auto markets.
Uzbekistan is preparing to introduce Islamic banking after the Senate approved legislation creating a legal framework for Sharia-compliant financial services, a move authorities say could broaden financial access and attract new investment into the country’s economy.
“Having a good security relationship with the United States is of utmost importance for the Japanese as a whole,” said Professor Seijiro Takeshita of the University of Shizuoka, highlighting the strategic stakes ahead of Japan’s national election.
On Armenia’s 34th Army Day, PM Nikol Pashinyan declared that peace with Azerbaijan is established, yet emphasised the necessity of robust defensive capabilities and ongoing military reforms.
Russia says it sees no preconditions for resuming political dialogue with Georgia. However, it has simultaneously praised the Georgian government, expanded economic ties, and openly questioned Georgia’s Western-looking aspirations.
The strategic axis between Israel and Azerbaijan has been significantly reinforced this week as President Ilham Aliyev received Israeli Foreign Minister Gideon Sa'ar in Baku.
The Georgian government plans to draw up a long-term strategic development plan extending through 2036, Georgian Prime Minister Irakli Kobakhidze said.
TikTok’s Chinese owner, ByteDance, has finalised a deal to create a majority American-owned joint venture that will secure U.S. user data, safeguarding the popular short-video app from a potential U.S. ban. The move comes after years of political and legal battles over national security concerns.
Argentina's economic activity shrunk 0.3% in November compared with the same month last year, marking the first monthly contraction of 2025, data from Argentina's national statistics agency showed on Wednesday.
Wall Street closed sharply lower on Tuesday as global markets fell after U.S. President Donald Trump’s new tariff threats against Europe unsettled investors and revived fears of renewed volatility.
Global markets are rattled after U.S. President Donald Trump threatened new tariffs on eight European countries over Greenland, sending the euro to a seven-week low and raising concerns about renewed transatlantic trade tensions.
Speaking on Armenian public radio on 9 January, Armenia’s Minister of Economy Gevorg Papoyan made some important announcements for 2026. Among them, discussions between Yerevan and Baku over the range of products Armenia can potentially export to Azerbaijan.
Uzbekistan plans to establish production facilities in Qatar as part of a strategy to expand exports and strengthen its presence in Gulf markets.
Kazakhstan’s economy is set to slow in the coming years as external conditions deteriorate and geopolitical risks intensify, according to the latest forecast by the World Bank.
Georgian Prime Minister Irakli Kobakhidze met UAE President Sheikh Mohammed bin Zayed Al Nahyan on the side lines of the ongoing Abu Dhabi Sustainability Week.
Turkish Foreign Minister Hakan Fidan visited the United Arab Emirates (UAE) on Wednesday, where he met with UAE President Sheikh Mohamed bin Zayed Al Nahyan in oil-rich Abu Dhabi.
The UK economy grew more strongly than expected in November, according to official figures, offering signs of resilience after months of weak performance.
China recorded the world’s largest-ever trade surplus in 2025, reaching $1.2 trillion as exporters shifted focus away from the U.S. amid ongoing trade tensions.
Georgia’s decision to indefinitely suspend the Anaklia deep-water port project has stripped the country of a historic chance to become a key link in global trade routes, according to the Transport Corridor Research Center (TCRC).
Germany’s finance minister has urged a new era of “European patriotism” to protect the continent’s economic interests, calling for state-backed companies to retain jobs in Europe and for public spending to prioritise European-made goods.
Georgia plans to cover the overwhelming majority of its natural gas consumption in 2026 through imports from Azerbaijan, according to the gas balance approved by the Ministry of Economy and Sustainable Development
Investment from Italy in Azerbaijan has reached $805m, Azerbaijan’s Energy Minister Parviz Shahbazov said as he met his counterparts in Baku.
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