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Monday February 2 2026
China’s industrial profits edge higher as trade war and structural strains bite

China’s industrial profits edge higher as trade war and structural strains bite

In recent years, China’s economy has moved away from the high-speed growth trajectory that once defined it, entering instead a more complex and contradictory stage. The headline figure for 2025—industrial companies’ total profits rising by just 0.6 percent to 7.39 trillion yuan—may look positive at first glance. Yet beneath this modest increase lie serious challenges: persistent U.S.–China trade tensions, tariff wars, structural inefficiencies, and the broader uncertainty clouding the global economy.

Nation
President Ilham Aliyev addresses Azerbaijani youth on occasion of Youth Day

President Ilham Aliyev addresses Azerbaijani youth on occasion of Youth Day

President Ilham Aliyev addressed the youth of Azerbaijan on the occasion of February 2 - the Day of Azerbaijani Youth, Azernews reports.

Oil & Gas
Azerbaijan’s Azeri Light oil prices increase in global markets

Azerbaijan’s Azeri Light oil prices increase in global markets

The price of Azerbaijan’s Azeri Light crude oil at Italy’s Augusta port increased on a CIF basis, rising by $0.46, or 0.63 percent, compared with the previous level, to $73.35 per barrel, according to sources in the oil market, Azernews reports.

Business
Precious metals suffer historic crash as trillions wiped off market

Precious metals suffer historic crash as trillions wiped off market

The global metals market has recorded what is being described as the largest crash in its history, with precious metals plunging sharply in a single trading session and erasing trillions of dollars in market value, Azernews reports.

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
Humanitarian worker injured in landmine explosion in Ağdərə’s Qızıloba village

Humanitarian worker injured in landmine explosion in Ağdərə’s Qızıloba village

A landmine explosion occurred in the Qızıloba village area of Ağdərə district, recently liberated from occupation, resulting in injury to a humanitarian worker, Azernews reports, citing the Azerbaijan National Agency for Mine Action (ANAMA).

World
U.S. snowstorms push death toll to 100

U.S. snowstorms push death toll to 100

The death toll from severe snowstorms across the United States has risen to 100, according to U.S. media reports, Azernews reports, citing a statement by North Carolina Governor Josh Stein.

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
Eurovision to mark its anniversary with first-ever live tour across Europe

Eurovision to mark its anniversary with first-ever live tour across Europe

To celebrate the 70th anniversary of the Eurovision Song Contest, organizers are launching the first-ever Eurovision Song Contest Live Tour, a major summer tour across ten European cities running from June 15 to July 2, 2026, Azernews reports.

Culture
Azerbaijan presents Puccini’s “Tosca” at Oman’s Royal Opera House

Azerbaijan presents Puccini’s “Tosca” at Oman’s Royal Opera House

On January 31, the world-renowned Italian composer Giacomo Puccini’s opera Tosca premiered on the stage of the Royal Opera House in Muscat, the capital of Oman, Azernews reports, citing the Ministry of Culture.

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
Azerbaijan Premier League: Shamakhi team defeats Kapaz

Azerbaijan Premier League: Shamakhi team defeats Kapaz

The latest matches of the 23rd round of the Azerbaijan Premier League have been played, Azernews reports.

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