Investment event in Azerbaijan attracts new investment and deals
Baku is hosting the second Azerbaijan International Investment Forum (AIIF 2026) and it’s attracting more interest this year, Azerbaijan&rsqu...
The Kremlin warned on Monday that Armenia could lose the “very attractive” price it pays for Russian gas if it moved away from integration with Russia and deepened ties with the European Union.
Armenia is a member of a Russian-led economic union and remains heavily dependent on Russia for energy supplies. In recent years, however, it has pursued closer ties with the European Union, including adopting a law last year to begin its accession process to the bloc.
“There is a very, very attractive and more than preferential price for Russian gas,” Kremlin spokesman Dmitry Peskov told reporters when asked about relations with Armenia.
“But, of course, such terms are not available to participants in other integration frameworks. There, the pricing structure is entirely different. It is market-based.”
Armenian Foreign Minister Ararat Mirzoyan said Armenia had no interest in severing political or economic ties with Russia.
“We want and will strive to preserve and deepen our normal relations,” Russian news agency Interfax quoted him as telling reporters in Yerevan on Monday.
Russian President Vladimir Putin raised the issue of gas pricing during a meeting with Armenian Prime Minister Nikol Pashinyan in April, saying Yerevan paid $177.50 for 1,000 cubic metres of Russian gas that would cost more than $600 in Europe.
"The disparity is vast," Putin said.
The Russian leader also told reporters on 9 May that it would be “logical” for Armenia to hold a referendum on its aspirations to join the EU.
Armenia is due to hold a parliamentary election in June, pitting Pashinyan’s party against an array of opposition groups, many of them pro-Russian.
As the Ukraine war is highlighted by some leaders during the United Nations' 81st General Assembly meeting in New York, Russian forces attacked the Ukrainian capital Kyiv early on Thursday with ballistic missiles, killing two people and injuring six, Mayor Vitali Klitschko said.
Shipping traffic through the Strait of Hormuz remained low on Thursday, as Iran reiterated that it will neither enter into new negotiations with the United States nor re-open the Strait as long as its conditions are not met, despite recent indirect talks in New York mediated by Qatar.
U.S. Secretary of State Marco Rubio is set to meet Russian Foreign Minister Sergey Lavrov in New York on Wednesday, as Washington pushes for an end to the war in Ukraine and Kyiv and Moscow continue to strike energy infrastructure.
The 81st UN General Assembly continues in New York on Wednesday, with another day of high-level speeches and diplomatic meetings. The wars in the Middle East and Ukraine, global security and international cooperation remain at the centre of discussions.
The 81st UN General Assembly has wrapped up its third day in New York on Thursday, with world leaders delivering high-level speeches and holding diplomatic meetings.
Tensions between Pakistan and Afghanistan have escalated again, with Pakistani security sources saying its troops thwarted an attempted Afghan Taliban attack in the Gulistan sector of Balochistan on Thursday, along Pakistan’s western border with Afghanistan, killing several Taliban fighters.
Georgian Prime Minister Irakli Kobakhidze used his address to the UN General Assembly's 81st session in New York this week to make a two-part case: that Georgia is becoming an indispensable regional hub, and that it remains open to repairing ties with international partners.
The World Nomad Games, which began in 2014, are a biennial tournament of traditional nomad sports, mostly originating from Central Asia. It's an alternative test of strength, both mental and physical, and are a wild, spectacular sight to behold.
Saudi Arabia, Türkiye and Pakistan will hold an urgent high-level meeting under a joint defence pact to discuss ways to support the kingdom amid attacks by Yemen's Iran-aligned Houthis. The meeting comes as Tehran seeks to distance itself from the rapid advance of its Houthi allies.
Armenian Prime Minister Nikol Pashinyan says Yerevan wants to deepen ties with Moscow while strengthening its partnership with the European Union as part of a balanced foreign policy.
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