Azerbaijani president Ilham Aliyev met with EBRD president Odile Renaud-Basso in Davos to discuss cooperation on infrastructure, financial sector support, and renewable energy projects. A loan agreement for Ganja’s water system was signed, strengthening ties between Azerbaijan and the EBRD.
Azerbaijani president Ilham Aliyev met with EBRD president Odile Renaud-Basso in Davos to discuss ongoing cooperation and investment projects.
Renaud-Basso congratulated Azerbaijan on successfully hosting COP29 and confirmed the EBRD’s continued support, particularly in infrastructure and financial sector development. She highlighted the bank’s approval of funding for a water supply and sanitation project in Ganja and its commitment to SMEs and women’s entrepreneurship.
President Aliyev outlined key national projects in water management, urban development, and transport, as well as Azerbaijan’s green energy plans, including regional partnerships for renewable energy exports.
Following the meeting, Azerbaijan’s minister of economy, Mikayil Jabbarov, and EBRD first vice-president Jürgen Rigterink signed a loan agreement for Ganja’s water infrastructure project, reinforcing the strong partnership between Azerbaijan and the EBRD.
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Maritime trackers received new reports of an attack on a ship in the Strait of Hormuz on Sunday, according to the UK Maritime Trade Operations (UKMTO), adding to concerns about energy supplies after Saudi Arabia shut down a vital oil pipeline on Saturday.
U.S. Central Command said 101 commercial vessels have been redirected in the Strait of Hormuz, while oil prices rose more than three per cent amid fresh regional attacks and supply concerns.
U.S. President Donald Trump has again said Iran is keen to reach a deal quickly, but a senior Iranian security official rejected the claim, saying Tehran will not negotiate until its conditions are met.
A Russian strike on a farm warehouse in Pryluky, north-central Ukraine, has killed at least three people, local police said. Meanwhile, EU foreign policy chief Kaja Kallas said an attack on a train near the Polish border was an attempt to intimidate Ukraine's allies.
A Danish military helicopter came within “metres” of being struck by flares fired by a Russian warship, Denmark's Defence Minister Jeppe Bruus said on Tuesday. Russia accused Denmark of carrying out “dangerous manoeuvres” near its ship, and said it was investigating the incident.
A Danish military helicopter came within “metres” of being struck by flares fired by a Russian warship, Denmark's Defence Minister Jeppe Bruus said on Tuesday. Russia accused Denmark of carrying out “dangerous manoeuvres” near its ship, and said it was investigating the incident.
McDonald's and Chinese food-delivery giant Meituan have launched China's first drone-delivery route dedicated to a single catering brand, bringing the technology to Shanghai's popular West Bund riverfront.
The U.S. Environmental Protection Agency (EPA) has announced plans to scrap Biden-era carbon emission limits on coal- and gas-fired power plants, marking a major reversal in U.S. climate policy.
University students in Mexico have held a vigil for a 21-year-old Spanish exchange student killed in the central state of Morelos, with authorities investigating her death as a possible feminicide.
Every day since a torrent of mud and rocks destroyed a Nepal-China border crossing high up in the Himalayas last month, Arushi Gupta's parents have called and messaged their missing daughter hoping she somehow survived.
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