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Monday, May 11, 2026
Global debt hits $353 trillion as economic risks intensify

Global debt hits $353 trillion as economic risks intensify

The global economy is currently navigating a treacherous path, sustained by a fragile illusion that we can indefinitely borrow from the future to finance the present. The latest Global Debt Monitor report from the Institute of International Finance (IIF) serves as a stark awakening, revealing that total global debt has surged to a staggering record of 353 trillion dollars.

Nation
Berlin hosts concert marking 103 years since birth of National Leader Heydar Aliyev [PHOTOS]

Berlin hosts concert marking 103 years since birth of National Leader Heydar Aliyev [PHOTOS]

A musical event dedicated to the 103rd anniversary of the birth of Heydar Aliyev, the founder of modern Azerbaijani statehood and National Leader, was held in Berlin, the capital of Germany, AzerNEWS reports.

Oil & Gas
Azerbaijan’s Azeri Light oil price rises on global market

Azerbaijan’s Azeri Light oil price rises on global market

The price of Azerbaijan’s Azeri Light crude oil rose significantly at Italy’s Port of Augusta.

Business
Trump tariffs cost European auto industry €8 Billion

Trump tariffs cost European auto industry €8 Billion

The analysis is based on public statements from senior executives at major automakers including Volkswagen, BMW, Mercedes-Benz, Stellantis, and Volvo Cars, all of which reported significant financial pressure linked to U.S. trade measures.

Armenian-Azerbaijani Relations
Pashinyan questions Armenia’s claim to Karabakh in explosive remarks

Pashinyan questions Armenia’s claim to Karabakh in explosive remarks

During a meeting with members of the public in the village of Kornidzor in Armenia’s Syunik region, Armenian Prime Minister Nikol Pashinyan made a striking statement regarding Karabakh.

World
Iran rejects US initiative over "excessive demands"

Iran rejects US initiative over "excessive demands"

According to the information, the Iranian proposal calls for the lifting of U.S. sanctions, the release of frozen Iranian assets, and the return of property seized abroad.

Analysis

Lifestyle
Baku hosts Arts Olimpia, bringing together young talents [PHOTOS]

Baku hosts Arts Olimpia, bringing together young talents [PHOTOS]

For two days, Baku turned into a true capital of art and inspiration as the city grandly hosted Arts Olimpia / İncəsənət Olimpiadası 2026, bringing together around 2,000 talented children and young performers from all across the country, AzerNEWS reports.

Culture
Turkic Culture and Heritage Foundation honors memory of Heydar Aliyev

Turkic Culture and Heritage Foundation honors memory of Heydar Aliyev

The foundation shared a statement on its official Facebook page, expressing deep respect for Heydar Aliyev, describing him as the founder of the modern Azerbaijani state and an outstanding figure of the entire Turkic world.

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
Azerbaijan Army commemorates the 103rd anniversary of birth of National Leader Heydar Aliyev [PHOTOS/VIDEO]

Azerbaijan Army commemorates the 103rd anniversary of birth of National Leader Heydar Aliyev [PHOTOS/VIDEO]

As a result of the Great Leader’s profound efforts toward the awakening of people’s national consciousness, Azerbaijan secured its existence as an independent and sovereign state.

Sports
Azerbaijani karateka wins European Championship title in Romania [PHOTOS]

Azerbaijani karateka wins European Championship title in Romania [PHOTOS]

Azerbaijan’s national team is participating in the prestigious tournament with the support of the Ministry of Youth and Sports of Azerbaijan.

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