AzerNews - News from Azerbaijan, Business, Energy, Analysis

Japan’s weak economy complicates end of its cheap money era

Japan’s latest economic figures may look modest compared with the much larger concerns facing the global economy, but they deserve considerably more attention. Japan is not in recession: real GDP grew at an annualized rate of 1.1% in the second quarter of 2026, or 0.3% from the previous quarter. Yet the expansion was significantly weaker than the 2% annualized growth expected by economists. Private consumption weakened, capital investment fell 1.2%, while external demand provided support.

Nation

Azerbaijan’s non-oil revenues become key story behind its budget surplus

Azerbaijan's January-July budget data, released Monday, shows revenues exceeding forecast by 3.8% and a state surplus of 3.4 billion manats. The headline number is the oil price windfall. The more durable story is the 11.8% growth in non-oil tax collections that is slowly making the headline number less important.

Oil & Gas

Gas transportation via Baku-Tbilisi-Erzurum pipeline rises 1.3%

In January-July of this year, 13.3851 billion cubic meters of gas was transported through the Baku-Tbilisi-Erzurum South Caucasus Pipeline.

Business

Azerbaijan’s potato exports surge as prices come under pressure

Azerbaijan exported 77,408 tons of potatoes in January-July 2026, with total export revenues reaching $29.713 million, AzerNEWS reports, citing the State Customs Committee. Compared with the same period last year, potato exports increased by...

Armenian-Azerbaijani Relations

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

Lavrov: Japan should mind its own business

Russian Foreign Minister Sergey Lavrov accused the Japanese government on Monday of trying to divert attention from its "openly aggressive militaristic line" by condemning Russia over President Vladimir Putin's visit to the disputed Kuril Islands, AzerNEWS reports.