News
Oil, inflation and interest rates: what IMF sees next
5+ hour, 30+ min ago (838+ words) The International Monetary Fund's latest World Economic Outlook delivers a sobering message that policymakers and investors can no longer afford to ignore. The war in the Middle East highlights the importance of establishing safeguards to reduce the impact of excessive…...
Fitch: TRIPP infrastructure project could boost Armenia's long-term economic growth
7+ hour, 49+ min ago (381+ words) The TRIPP (Trump Route for International Peace and Prosperity) infrastructure project could provide a significant long-term boost to Armenia's economy, according to a new report by Fitch Ratings. "A number of large infrastructure investment projects, including the Trump Route for…...
Middle East conflict forces central banks to reassess path of interest rates
4+ day, 5+ hour ago (562+ words) The war in the Middle East may be moving from open escalation toward an uneasy ceasefire, but its economic aftershocks are not fading with the headlines. If anything, they are becoming more deeply embedded in the global policy outlook. The…...
Canada and Europe to increase defense spending
1+ week, 1+ day ago (200+ words) NATO Secretary General Mark Rutte has stated that Canada and European allies are expected to allocate an additional $250 billion in defense spending over the next two years, Azer NEWS reports. In an interview with The Wall Street Journal, Rutte emphasized…...
Black Rock turns cautious on emerging markets, upgrades eurozone government bonds
1+ week, 4+ day ago (326+ words) Black Rock Inc. has revised its investment outlook through mid-2026, adopting a more cautious stance on emerging market equities while upgrading its view on short- and medium-term eurozone government bonds, Azer NEWS reports. According to a report by the Black Rock…...
Argentina secures most of July debt payment through lower-cost financing
2+ week, 21+ hour ago (442+ words) Argentina has secured most of the funds needed for its upcoming $4. 2 billion sovereign bond payment without returning to international debt markets, opting instead for lower-cost financing through domestic and multilateral sources, according to Bloomberg, Azer NEWS reports. The South American…...
Gold and silver retreat from recent highs
2+ week, 2+ day ago (107+ words) Azer News Gold and silver retreat from recent highs Gold and silver prices moved lower during trading on the COMEX commodities exchange in New York, reflecting a downturn in the precious metals market. Access to paid information is limited Find…...
Germany producer prices rose
3+ week, 1+ day ago (357+ words) Producer prices in Germany rose by 2. 2% in May compared with the same month of the previous year, according to a report released on Friday by the country's statistical office, Destatis. On a monthly basis, producer prices increased by 0. 3% compared with…...
Eggs cost less than 1 U. S. cent in Azerbaijan as production outpaces demand
3+ week, 1+ day ago (258+ words) A sharp decline in egg prices has been observed across Azerbaijan in recent days, with retail chains offering yellow eggs for 0. 04 manats ($0. 024) each and white eggs for 0. 01 manats ($0. 0059) each, Azer NEWS reports. According to the Azerbaijan Poultry Meat, Egg Producers…...
Baku, Islamabad discuss expansion of economic cooperation [PHOTOS]
3+ week, 1+ day ago (172+ words) Azer News Azerbaijan's Deputy Minister of Economy, Samad Bashirli, has met with Muhammad Humair Karim, Secretary of Pakistan's Ministry of Economic Affairs, to discuss bilateral economic cooperation, Azer NEWS reports. According to Azerbaijan's Ministry of Economy, the meeting focused on…...