Wall Street closed sharply lower on Tuesday as global markets fell after U.S. President Donald Trump’s new tariff threats against Europe unsettled investors and revived fears of renewed volatility.
Global markets are rattled after U.S. President Donald Trump threatened new tariffs on eight European countries over Greenland, sending the euro to a seven-week low and raising concerns about renewed transatlantic trade tensions.
Speaking on Armenian public radio on 9 January, Armenia’s Minister of Economy Gevorg Papoyan made some important announcements for 2026. Among them, discussions between Yerevan and Baku over the range of products Armenia can potentially export to Azerbaijan.
Uzbekistan plans to establish production facilities in Qatar as part of a strategy to expand exports and strengthen its presence in Gulf markets.
Kazakhstan’s economy is set to slow in the coming years as external conditions deteriorate and geopolitical risks intensify, according to the latest forecast by the World Bank.
Georgian Prime Minister Irakli Kobakhidze met UAE President Sheikh Mohammed bin Zayed Al Nahyan on the side lines of the ongoing Abu Dhabi Sustainability Week.
Turkish Foreign Minister Hakan Fidan visited the United Arab Emirates (UAE) on Wednesday, where he met with UAE President Sheikh Mohamed bin Zayed Al Nahyan in oil-rich Abu Dhabi.
The UK economy grew more strongly than expected in November, according to official figures, offering signs of resilience after months of weak performance.
China recorded the world’s largest-ever trade surplus in 2025, reaching $1.2 trillion as exporters shifted focus away from the U.S. amid ongoing trade tensions.
Georgia’s decision to indefinitely suspend the Anaklia deep-water port project has stripped the country of a historic chance to become a key link in global trade routes, according to the Transport Corridor Research Center (TCRC).
Germany’s finance minister has urged a new era of “European patriotism” to protect the continent’s economic interests, calling for state-backed companies to retain jobs in Europe and for public spending to prioritise European-made goods.
Georgia plans to cover the overwhelming majority of its natural gas consumption in 2026 through imports from Azerbaijan, according to the gas balance approved by the Ministry of Economy and Sustainable Development
Investment from Italy in Azerbaijan has reached $805m, Azerbaijan’s Energy Minister Parviz Shahbazov said as he met his counterparts in Baku.
India and Germany have agreed a range of deals to deepen cooperation between the two nations, with defence, trade and technology high on the agenda.
Japan's elevated interest in Central Asia reflects a combination of economic motives, such as access to resources and investment opportunities, as well as geopolitical goals aimed at promoting regional stability and enabling a counterbalance to other major powers.
American investor Jim Rogers has confirmed that he has acquired shares in a broad range of Uzbek companies listed on the country’s stock exchange, describing Uzbekistan as an increasingly attractive destination for long-term investment.
Georgia is set to impose a transit fee on the second shipment of petroleum products from Azerbaijan to Armenia, according to Armenian media quoting a statement from Karen Ayiryan, Director of Mega Trade on Thursday (8 January).
Overhauling Armenia's economic structure and strengthening state institutions is a main focus as the Armenian government adopts a 42-page Doctrine of Economic and Institutional Transformation on Thursday (8 January), Prime Minister Nikol Pashinyan announced.
A significant development in the complex Azerbaijan - Armenia scenario is the growing confrontation between Armenia’s political leadership and the Armenian Apostolic Church.
Azerbaijan said it's conducting due diligence ahead of a potential $250–270 million investment in Israeli desalination company IDE Technologies, according to reports. The state investment company, Azerbaijan Investment Holding (AIH), is reportedly exploring the purchase of a 30% stake in the firm.
The U.S. dollar has strengthened against major peers on Tuesday, while the euro fell following slower-than-expected inflation in Europe. Market movements were relatively subdued as investors focused on upcoming U.S. economic data.
Wall Street closed higher on Tuesday, boosted by optimism over artificial intelligence (AI) and a strong rally in Moderna shares, with the Dow Jones Industrial Average approaching a record high.
President Donald Trump claimed on Monday that tariff revenues collected by the U.S. will surpass $600 billion, saying the measures have strengthened the country financially and enhanced its international standing.
Bulgaria is preparing to replace its national currency, the lev, with the euro on 1 January, a long-awaited move welcomed by businesses but viewed with scepticism and anger by some citizens.
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