In this segment from World Business, we explore the remarkable growth of Azerbaijan's tourism sector, which is on track for a record-breaking year. With projections from the World Travel and Tourism Council (WTTC) pointing to a $6 billion contribution to the national economy, the country is emerging as a regional powerhouse.
To unpack this trend, the program features an exclusive interview with Julia Simpson, President and CEO of the World Travel and in Tourism Council. She discusses the key drivers behind this success, from strategic government policy and effective global promotion to a growing appetite for new, authentic travel experiences.
“Get ready for oil to be $200 a barrel," a spokesman for the Iranian Army warned the world on Wednesday (11 March), as attacks on ships in the Strait of Hormuz escalated. Meanwhile, 32 countries agreed to the largest ever release of oil reserves in an attempt to reduce prices.
British Prime Minister Keir Starmer was warned about the "reputational risks" of appointing Peter Mandelson as U.S. Ambassador due to his friendship with convicted sex offender Jeffery Epstein, files released on Wednesday (11 March) show.
President of the European Council, Antonio Costa, visited Azerbaijan on Wednesday. A meeting between Costa and President Ilham Aliyev was held to reaffirm the European Union’s support amid regional security concerns, particularly following recent Iranian attacks on Nakhchivan Airport.
A wave of attacks across Israel and southern Lebanon escalated on Wednesday (11 March), with authorities reporting up to 12 incoming missile and drone alerts over Tel Aviv and Jerusalem.
Tensions in the region remained high on Tuesday (10 March), as the United States and Iran exchanged increasingly sharp warnings, including threats over the strategic Strait of Hormuz, a critical artery for global oil supplies.
The 32 countries belonging to the Internatioanl Energy Agency agreed to release 400 million barrels of oil on Wednesday (11 March), in efforts aimed at bringing down the price of crude oil, which has soared since fighting between Iran, Israel and the U.S. started at the end of February.
U.S. President Donald Trump called his recent phone conversation with Russian President Vladimir Putin “very good.” The two leaders spoke on Monday about the situation in Iran and other international issues.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 10th of March, covering the latest developments you need to know.
A towering lava fountain from Kilauea shot about 400 metres into the air late on Tuesday (11 March) on Hawaii Island, prompting temporary closures at Hawaii Volcanoes National Park and part of a key highway as volcanic ash and debris fell over nearby areas.
In a special edition of Context, Orkhan Amashov reports from Washington on the inaugural meeting of the Board of Peace, examining plans for Gaza’s reconstruction, a proposed stabilisation force, and the wider diplomatic impact of the U.S.-led initiative.
In today’s Prime Time, we covered the following conversations: Azerbaijan has shipped petroleum products to Armenia by rail for the first time in decades, marking a significant step toward economic cooperation and regional integration in the South Caucasus.
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