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Tuesday February 3 2026
Layoffs without recession: What AI economy is really doing to jobs

Layoffs without recession: What AI economy is really doing to jobs

Since the launch of ChatGPT in November 2022, the S&P 500 has climbed more than 70%, while job openings have fallen by roughly 30%. The visual contrast became known online as the “scariest chart in the world,” symbolizing a growing fear: that productivity, profits, and growth may no longer require proportional human employment.The data itself is real. Job openings peaked at 11.5 million in March 2022, the highest level since tracking began in 2000. By August 2025, openings had fallen to about 7.18 million. Over the same period, the S&P 500 rose from roughly 3,840 to nearly 6,700.

Nation
President Ilham Aliyev meets with Secretary General of Muslim Council of Elders in Abu Dhabi [VIDEO]

President Ilham Aliyev meets with Secretary General of Muslim Council of Elders in Abu Dhabi [VIDEO]

On February 3, President of the Republic of Azerbaijan Ilham Aliyev met with Secretary General of the Muslim Council of Elders Mohamed Abdelsalam in Abu Dhabi, Azernews reports.

Oil & Gas
Azeri Light prices fall sharply at Augusta and Ceyhan

Azeri Light prices fall sharply at Augusta and Ceyhan

The price of Azerbaijan’s Azeri Light crude oil delivered on a CIF basis to Italy’s Augusta port fell by $3.63, or 4.95 percent, compared to the previous assessment, settling at $69.72 per barrel.

Business
Azerbaijan Central Bank's foreign exchange reserves top $11.56 billion

Azerbaijan Central Bank's foreign exchange reserves top $11.56 billion

The foreign exchange reserves of the Central Bank of Azerbaijan exceeded $11.56 billion as of February 1, 2026, Azernews reports. The figure reflects a monthly increase of...

Analysis

Armenian-Azerbaijani conflict
Armenia’s pre-election debate slips back into Karabakh illusions [OPINION]

Armenia’s pre-election debate slips back into Karabakh illusions [OPINION]

As Armenia approaches its parliamentary elections scheduled for June, opposition forces appear increasingly eager to revive long-discredited narratives in an attempt to mobilize a shrinking and disoriented electorate. The closer election day comes, the more desperate the rhetoric sounds. Among the most active voices in this campaign of political nostalgia is Armenia’s former president and former leader of the so-called “Nagorno-Karabakh Republic,” Robert Kocharyan.

Armenian Aggression
ANAMA clears 1,738 hectares of mines in liberated territories

ANAMA clears 1,738 hectares of mines in liberated territories

In January, Azerbaijani demining teams detected and neutralized 37 anti-tank mines, 337 anti-personnel mines, and 1,364 unexploded ordnance (UXO) in territories recently liberated from occupation, Azernews reports, citing the Azerbaijan National Agency for Mine Action (ANAMA).

World
Epstein documents allege financial ties to Putin

Epstein documents allege financial ties to Putin

Newly released documents linked to the investigation into Jeffrey Epstein have reignited scrutiny over the late financier’s global connections, including unverified claims involving Russian President Vladimir Putin, Azernews reports via People Magazine.

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

Lifestyle
Youth Day 2026: Azerbaijan recognizes young achievements

Youth Day 2026: Azerbaijan recognizes young achievements

On February 2, Azerbaijan marks a day that has quietly become one of the most meaningful in the country's calendar, Azernews reports.

Culture
National Art Museum holds lecture on Islamic Art and Easel Paintings from Iravan's Sardar Palace [PHOTOS]

National Art Museum holds lecture on Islamic Art and Easel Paintings from Iravan's Sardar Palace [PHOTOS]

A lecture entitled "The Collection of Islamic Art of the Georgian National Museum and Easel Paintings from the Sardar Palace of Iravan" has been held at the Azerbaijan National Art Museum, Azernews reports.

Events
Turkic Cooperation Organizations hold 6th coordination committee meeting in Istanbul [PHOTOS]

Turkic Cooperation Organizations hold 6th coordination committee meeting in Istanbul [PHOTOS]

On January 30, 2026, the President of the Turkic Culture and Heritage Foundation, Mrs. Aktoty Raimkulova, participated in the 6th Meeting of the Coordination Committee of the Cooperation Organizations of Turkic States, held at the Secretariat of the Organization of Turkic States (OTS) in Istanbul.

Sports
Men's boxing team launches training camp ahead of season

Men's boxing team launches training camp ahead of season

Azerbaijan's men's national boxing team has kicked off its first training camp of the new year, Azernews reports citing Azerbaijan Boxing Federation.

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