Germany’s producer prices fall 1.2% in May, driven by lower energy costs
Germany’s producer prices dropped 1.2% year-on-year in May, in line with market expectations, largely due to falling energy prices, official data showed Friday.
Kazakhstan and Azerbaijan are considering issuing a commemorative coin to celebrate their bilateral relations, as part of broader efforts to deepen financial and diplomatic cooperation between the two countries.
During a meeting in Baku, Kazakhstan’s Ambassador to Azerbaijan, Alim Bayel, and the Chairman of the Central Bank of Azerbaijan, Taleh Kazimov, discussed the possibility of issuing a commemorative coin symbolizing the close ties between their countries.
Ambassador Bayel highlighted the high level of Kazakh-Azerbaijani cooperation, particularly in the economic and financial sectors. He noted active collaboration between the Central Bank of Azerbaijan and key institutions of Kazakhstan, including the National Bank of Kazakhstan, the Agency for Regulation and Development of the Financial Market, and the Astana International Financial Centre.
Bayel also formally invited Azerbaijan to participate in the first Council of Central Banks of the Organization of Turkic States, scheduled for May 2025 in Astana. Chairman Kazimov confirmed Azerbaijan’s attendance and welcomed Kazakhstan’s initiative to strengthen financial dialogue within the Turkic region.
Peace is no longer a dream. It is a discussion. On the streets of Baku and Yerevan, it is also a question, of trust, of foreign interests, and of who truly wants it.
Iranian missiles struck multiple locations across Israel and neighbouring regions early Friday morning, including a Microsoft office complex, according to emergency responders and local media reports.
Israeli strikes have reportedly targeted areas near the residences of Iran’s Supreme Leader Ayatollah Ali Khamenei and President Masoud Pezeshkian, according to the New York Times, citing local witnesses.
Azerbaijan Airlines (AZAL) has cancelled certain flights scheduled for 13th and 14th June amid recent escalation of situation in the Middle East and the closure of airspace in several countries for security reasons.
The 2025 G7 Leaders’ Summit was held June 15–17 in Kananaskis, Alberta, under Canada’s presidency. Prime Minister Mark Carney framed the meeting around priorities of protecting communities, energy and climate security, the digital transition, and future partnerships.
Azerbaijan and Poland discussed closer cooperation in digital tax reforms and innovation during a high-level meeting held on the sidelines of the IOTA General Assembly in Baku.
President Ilham Aliyev welcomed Uzbekistan’s Minister of Investment, Industry and Trade, Laziz Kudratov, in Baku, as the two countries look to deepen their strategic economic partnership.
Iranian missiles struck multiple locations across Israel and neighbouring regions early Friday morning, including a Microsoft office complex, according to emergency responders and local media reports.
The 19th General Assembly of the Organization of Asia-Pacific News Agencies (OANA) is underway in St. Petersburg, Russia. The gathering, which brings together 41 news agencies from 33 countries, is being hosted by the TASS news agency as part of the St. Petersburg International Economic Forum.
Israeli Prime Minister Benjamin Netanyahu reiterated his assassination threat against Iranian Supreme Leader Ayatollah Ali Khamenei, stating that he has instructed the military that “no one is untouchable in Iran."
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