15:06

WEF 2026

'I won’t use force' to take Greenland, Donald Trump tells WEF, and calls for 'immediate negotiations'

“I’m seeking immediate negotiations to once again discuss the acquisition of Greenland by the U.S.,” US President Donald Trump told the World Economic Forum. During his Wednesday (21 January) address, he once more cited national security concerns as the reason for wanting to own the Arctic island.

00:34

Azerbaijan and Armenia

Azerbaijan and Armenia take historic step toward economic cooperation

A recent agreement allowing the shipment of Azerbaijani petroleum products to Armenia has emerged as a significant development in relations between the two countries.

21:50

Central Asia

U.S. and Kazakhstan strike historical $4.2 billion locomotive deal

The United States and Kazakhstan have agreed a locomotive deal worth up to $4.2 billion that will see Wabtec Corporation supply 300 locomotives, U.S. Commerce Secretary Howard Lutnick announced on Monday.

22:30

U.S. inflation

U.S. inflation rises in June as tariffs begin to bite

U.S. consumer prices rose at their fastest pace in five months in June, signaling the early impact of tariffs on inflation. However, subdued demand and falling service prices may keep the Federal Reserve cautious about rate changes.

21:00

South Caucasus

Azerbaijan presents investment potential at Tashkent forum

Azerbaijani PM Ali Asadov highlighted the country’s strong economic growth and investment potential at the 4th Tashkent International Investment Forum.

17:50

Middle East

A new chapter for Syria: Trading resumes in Syria amid political shifts and economic hopes

Syria is initiating economic reformation by reopening its economic markets, which have been through complete Paralysis for the past six months- considering it as the longest shutdown ever since the over-decade war and sanctions.

17:10

Economy

Türkiye’s annual inflation rate fell to 35.41%, marking the lowest level since 2021

In May 2025, Türkiye’s annual inflation rate declined to 35.41%, down from 37.86% in April and falling short of the market forecast of 36.1%. This represents the lowest rate recorded since November 2021, as price increases slowed across almost all categories.

11:47

World News

Germany has ended 34 years of Japanese dominance as the world's top creditor

Japan has lost its decades long status as the global top creditor to Germany. A recent report suggests that a weakening yen, appreciating euro and American tariffs are responsible.

12:52

Afghanistan

Afghanistan expands regional diplomacy with economic and security outreach across Asia

Afghanistan is ramping up its regional diplomatic efforts, aiming to bolster both economic and security ties across Asia.

12:30

Canada - Mexico

Canadian, Mexican leaders discuss trade and investment cooperation

Mark Carney and Claudia Sheinbaum discussed trade and investment ties on Tuesday, emphasizing the need to strengthen North American competitiveness while respecting national sovereignty.

17:21

South Caucasus

Kazakhstan and Bulgaria aim to boost trade and economic ties

Kazakhstan and Bulgaria expand trade and investment ties as bilateral trade surges, with KazMunayGas eyeing a Bulgarian refinery acquisition.

13:29

China

China urges more aid for people in need as economic woes persist

China urges local officials to provide financial relief to those in need ahead of major holidays, as economic challenges, including jobless graduates and weak demand, persist into 2025.

10:24

South Caucasus

Azerbaijan sees surge in Central Asian tourists

Azerbaijan welcomed 14,189 tourists from Central Asian countries in November 2024, a 10% increase compared to 12,951 during the same month last year, according to the State Tourism Agency of Azerbaijan.

09:57

World News

World Bank wins pledges for $100 bln replenishment of fund for poorest countries

Donor countries have pledged a record $100 billion three-year replenishment of the World Bank's fund for the poorest nations, providing a vital lifeline for their struggles against crushing debts, climate disasters, inflation and conflict.

15:06

Economy

Volkswagen sells Xinjiang plant to focus on strategic growth in China’s evolving automotive market

Volkswagen, a key player in the global automotive industry, has finalized the sale of its manufacturing plant and testing facilities in Xinjiang, China, marking a significant shift in its operational strategy.

10:20

Central Asia

EBRD urges Turkmenistan to diversify gas exports amid economic risks

The European Bank for Reconstruction and Development (EBRD) has highlighted the need for Turkmenistan to diversify its gas export markets to ensure sustained economic growth.

09:57

World News

Latest US strike on China's chips hits semiconductor toolmakers

The U.S. will launch its third crackdown in three years on China's semiconductor industry on Monday, restricting exports to 140 companies including chip equipment maker Naura Technology Group 002371.SZ, among other moves, according to two people familiar with the matter.

15:19

Economy

Nobel Prize in Economics awarded to trio for explaining global inequality

Daren Acemoglu, Simon Johnson, and James A. Robinson won The 2024 Nobel Prize in Economics for their inspiring research on “ How institutions are formed and affect prosperity”