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Thursday, August 20, 2026
What Big Mac Index says about Azerbaijan’s manat?

What Big Mac Index says about Azerbaijan’s manat?

The Big Mac Index of The Economist assesses the manat 31.4% undervalued against the US dollar in terms of purchasing power parity, compared to 36.8% one year ago. The balance of Azerbaijan for the period January to July is $9.46 billion, almost six times higher than a year earlier. The Central Bank holds $13.8 billion of reserves and now considers currency appreciation as a policy instrument rather than a factor.

Nation
Russia to send another wheat shipment to Armenia via Azerbaijan

Russia to send another wheat shipment to Armenia via Azerbaijan

Russia will deliver another shipment of wheat to Armenia in transit through Azerbaijan, marking the latest cargo movement along the route connecting the two countries.

Oil & Gas
Azeri Light crude oil price climbs above $95 per barrel

Azeri Light crude oil price climbs above $95 per barrel

The price of Azerbaijan’s Azeri Light crude oil at Italy’s Augusta port, on a CIF basis, rose by $0.90, or 0.95%, from the previous figure to $95.48 per barrel.

Business
Azerbaijani students win three bronze medals at IOI 2026 with Azercell’s support

Azerbaijani students win three bronze medals at IOI 2026 with Azercell’s support

Azerbaijan’s national team won three bronze medals at the International Olympiad in Informatics (IOI 2026), held in Tashkent, Uzbekistan, from August 9 to 16.

Armenian-Azerbaijani Relations
Pashinyan's reshuffle reveals leader preparing for tough years ahead

Pashinyan's reshuffle reveals leader preparing for tough years ahead

Nikol Pashinyan has begun his fourth term with a cabinet barely changed on the surface and substantially reorganised underneath it. The pattern of his appointments tells you more about the challenges ahead than the portfolio continuity does.

World
Strait of Hormuz may become less critical to global energy trade, Trump says

Strait of Hormuz may become less critical to global energy trade, Trump says

U.S. President Donald Trump said the Strait of Hormuz will play a less important role in global trade in the future.

Analysis

Lifestyle
Scholars from thirty countries to gather for World Nomad Games conference

Scholars from thirty countries to gather for World Nomad Games conference

Azerbaijani scholars and researchers will participate in an international scientific conference dedicated to the study of nomadic civilizations, AzerNEWS reports citing Kabar News Agency.

Culture
Culture Ministry holds talks on book publishing and library reforms [PHOTOS]

Culture Ministry holds talks on book publishing and library reforms [PHOTOS]

Azerbaijan Culture Ministry has held a meeting with writers and publishers to discuss publication purchases, upcoming book fair preparations, and ongoing library reforms.

Travel
Azerbaijani pilgrims currently at Medina international airport

Azerbaijani pilgrims currently at Medina international airport
Second group of Azerbaijani pilgrims to depart for Hajj this month

Second group of Azerbaijani pilgrims to depart for Hajj this month
Astana celebrates Novruz with festive events and cultural celebrations [PHOTOS]

Astana celebrates Novruz with festive events and cultural celebrations [PHOTOS]
Albania’s impeccable hospitality and exuberant architecture

Albania’s impeccable hospitality and exuberant architecture
Experience charm of autumn season at Shahdag National Park

Experience charm of autumn season at Shahdag National Park
Georgian foreign travelers arrive in Shusha

Georgian foreign travelers arrive in Shusha

Events
First Karabakh War-era ordnance found at Agdam cemetery [PHOTOS]

First Karabakh War-era ordnance found at Agdam cemetery [PHOTOS]

Military ordnance left over from the First Karabakh War has been discovered at the Qaragachi cemetery in Azerbaijan’s Agdam district.

Sports
Azerbaijani taekwondo fighter wins bronze in Pakistan [PHOTOS]

Azerbaijani taekwondo fighter wins bronze in Pakistan [PHOTOS]

Azerbaijani taekwondo fighter Gashim Magomedov has won a bronze medal at the 8th Asian Region President's Cup in Lahore, Pakistan.

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