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Tuesday July 8 2025
Azerbaijani, Kazakh central banks lead Caspian integration in finance

Azerbaijani, Kazakh central banks lead Caspian integration in finance

The ongoing strategic cooperation between Azerbaijan and Kazakhstan in the banking sector offers tangible benefits to both economies: For Azerbaijan, Kazakhstan provides a valuable reference point for developing capital markets, green finance, and sovereign bond issuance frameworks. Moreover...

Azeri Light oil prices rise slightly in global markets

Azeri Light oil prices rise slightly in global markets

The price of Azerbaijan’s “Azeri Light” crude oil has experienced a modest increase in international markets. At Italy’s Augusta port, the CIF-based price for one barrel of Azeri Light rose by $0.53 or 0.71%, reaching $74.70, Azernews reports.

ICGB launches non-binding market test for expansion of Greece-Bulgaria Gas Interconnector

ICGB launches non-binding market test for expansion of Greece-Bulgaria Gas Interconnector

The ICGB company, the independent operator of the Greece-Bulgaria Gas Interconnector (IGB), has officially launched the non-binding phase of its market test to assess interest in expanding the pipeline’s transmission capacity, Azernews reports, citing ICGB.

New study finds ChatGPT could worsen psychosis

New study finds ChatGPT could worsen psychosis

An increasing number of people are turning to AI chatbots for emotional support, but a recent report highlights that tools like ChatGPT may sometimes do more harm than good in mental health settings, Azernews reports, citing foreign media.

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