Azernews.Az

Monday, October 12, 2026
Global growth slows to 2.6%, raising stakes for Azerbaijan’s economic shift

Global growth slows to 2.6%, raising stakes for Azerbaijan’s economic shift

The global economy is entering a period of slower expansion, with energy markets, international trade and technological investment shaping the outlook for 2026. According to the United Nations Conference on Trade and Development (UNCTAD), global economic growth is projected to reach 2.6% in 2026, compared with 2.9% in 2025. Developing economies are expected to grow by 4%, following 4.7% growth in the previous year. These figures highlight the growing importance of economic resilience, industrial development and strategic international partnerships.

Slovakia eyes Azerbaijani gas as it prepares to replace Russian supplies in 2027

Slovakia eyes Azerbaijani gas as it prepares to replace Russian supplies in 2027

Slovakia is considering Azerbaijan, Algeria and the United States as potential suppliers under new long-term natural gas contracts, as the Central European country prepares for European Union restrictions on Russian gas imports scheduled to take effect in 2027. Slovak Economy Minister Denisa Saková announced that the country is exploring options to secure approximately...

Czech investments in Azerbaijan reach $74 million as bilateral transit grows 47%

Czech investments in Azerbaijan reach $74 million as bilateral transit grows 47%

Direct investment from the Czech Republic into Azerbaijan amounted to approximately $74 million between 1995 and the first half of 2026, with the overwhelming majority directed towards the country's non-oil economy.

Hadrut’s liberation: strategic turning point in Azerbaijan’s 44-Day war

Hadrut’s liberation: strategic turning point in Azerbaijan’s 44-Day war

October 9 holds a special place in Azerbaijan’s modern history as the anniversary of Hadrut’s liberation during the 44-day Patriotic War of 2020. Located in the Khojavand district of Karabakh, Hadrut occupied a strategically important position because of its mountainous terrain, surrounding heights and connections with neighboring areas. Its liberation strengthened Azerbaijan’s military position in the southern part of the battlefield and created favorable conditions for subsequent operations toward Shusha.

Latest See more