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Saturday, July 4, 2026
Freight rates hit two-year high as geopolitics disrupt global trade

Freight rates hit two-year high as geopolitics disrupt global trade

Global maritime freight rates, long regarded as one of the most cost-efficient modes of transporting goods worldwide, have surged to their highest level in two years.

How decades of conflict cost South Caucasus its future [OPINION]

How decades of conflict cost South Caucasus its future [OPINION]

The South Caucasus is a region that inherently possesses all the necessary ingredients to emulate the prosperity, stability, and high living standards of the Baltic states, the Persian Gulf, or even Scandinavia. Geographically blessed as a vital crossroads between East and West, and endowed with rich natural resources, this pivotal land should logically support a population thriving in wealth and security.

Southern Gas Corridor assets approach 14 billion USD

Southern Gas Corridor assets approach 14 billion USD

According to the company's annual consolidated audit report, prepared by Ernst & Young (E&Y), the decline in profit was primarily driven by lower revenues and a decrease in other income. However, a faster decline in the cost of sales helped support the company's operating performance. At the end of 2025, SGC's retained earnings reached...

Canada and Europe to increase defense spending

Canada and Europe to increase defense spending

NATO Secretary General Mark Rutte has stated that Canada and European allies are expected to allocate an additional $250 billion in defense spending over the next two years, AzerNEWS reports.

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