View: How Azerbaijan can leverage its role to boost cooperation in Central Asia
Azerbaijan has long understood the importance of fostering strong relations with its Central Asian neighbours as the country is strategically located ...
Russia actively shifted its trade focus away from Europe and the United States, redirecting it toward markets in friendly countries—primarily China, India, Central Asia, Africa, and the Middle East. The share of these countries in Russia's foreign trade has increased from 46% to 82%.
"For the last three years, our trade with friendly countries has increased from 46% to 82%, reaching approximately $550 billion. Currently, more than 85% of our exports are directed to friendly nations, while imports from these countries now account for around 75%,” - stated Russian Deputy Prime Minister Alexander Novak as
According to the latest data published by the Federal Customs Service (FCS) on Russia's global trade, total trade turnover for January–April 2025 amounted to $214 billion, a decrease of 2.9% compared to the same period in 2024. Particulatly, exports from Russia fell by 5.9% year-on-year to $128.2 billion, while imports rose by 1.8% to $85.8 billion.
From January to April 2025, Russia's exports to Europe totaled $19.2 billion, marking a decline of 11.0% year-on-year. Exports to Asia stood at $97.6 billion (down 4.1%), to Africa at $6.9 billion (down 11.3%), and to the Americas at $4.3 billion (down 10.4%).
During the same period, imports to Russia from Europe amounted to $21.9 billion, down 1.6%. Imports from Asia rose to $57.5 billion (up 2.4%), from Africa to $1.5 billion (up 35.6%), and from the Americas to $4.8 billion (up 6.7%).
Russia’s human rights commissioner, Tatyana Moskalkova, has said that Ukraine has not provided Moscow with a list of thousands of children it alleges were taken illegally to Russia, despite the issue being discussed during talks in Istanbul.
Syrian President Ahmad al-Sharaa has offered condolences to President Donald Trump following an ISIS attack near the ancient city of Palmyra that killed two U.S. soldiers and a civilian interpreter, Syrian and U.S. officials said Sunday.
At least 17 people, including students, were killed and 20 others injured after a school bus fell off a cliff in northern Colombia on Sunday, authorities said.
At least 37 people have been killed in flash floods triggered by torrential rain in Morocco's Atlantic coastal province of Safi, Moroccan authorities said on Monday (15 December).
At least 37 people have died and dozens of others were injured after flash floods swept through Morocco’s Atlantic coastal city of Safi on Sunday, authorities said.
Ford Motor Company said on Monday it will take a $19.5 billion writedown and scrap several electric vehicle (EV) models, marking a major retreat from its battery-powered ambitions amid declining EV demand and changes under the Trump administration.
Iran has rolled out changes to how fuel is priced at the pump. The move is aimed at managing demand without triggering public anger.
U.S. stock markets closed lower at the end of the week, as investors continued to rotate out of technology shares, putting pressure on major indices.
The U.S. Federal Reserve’s Federal Open Market Committee (FOMC) cut its benchmark interest rate by 25 basis points to a range of 3.50% to 3.75% following its two-day policy meeting, according to an official statement issued on Wednesday, 10 December.
China has carried out a major test of a new “super wireless” rail convoy, a technology that could reshape the future of heavy-haul transport.
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