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Thursday, August 13, 2026
Russia after Ukraine war: why won’t economy enter recession?

Russia after Ukraine war: why won’t economy enter recession?

Before Russia launched its full-scale invasion of Ukraine in February 2022, one of the most common predictions was that war and Western sanctions would quickly push the Russian economy into collapse. Five years later, that prediction looks difficult to defend. Russia did not avoid economic damage, but the economy adapted far better than many expected.

Nation
President Ilham Aliyev received credentials of newly appointed Ambassador of Germany to Azerbaijan [PHOTOS/VIDEO]

President Ilham Aliyev received credentials of newly appointed Ambassador of Germany to Azerbaijan [PHOTOS/VIDEO]

President of the Republic of Azerbaijan Ilham Aliyev received Dirk Lölke, the newly appointed Extraordinary and Plenipotentiary Ambassador of Germany to Azerbaijan, on August 13.

Oil & Gas
Azeri Light oil price falls to $95.50 per barrel at Augusta

Azeri Light oil price falls to $95.50 per barrel at Augusta

The price of Azerbaijan’s Azeri Light crude oil at Italy’s Augusta port fell by $0.07, or 0.07%, from the previous quotation to $95.50 per barrel on a CIF basis, AzerNEWS reports.

Business
Aviation industry expected to add $4.1 trillion to global economy

Aviation industry expected to add $4.1 trillion to global economy

The global aviation industry is expected to contribute $4.1 trillion to the world economy in 2026.

Armenian-Azerbaijani Relations
Azerbaijan facilitates transit of Russian wheat to Armenia

Azerbaijan facilitates transit of Russian wheat to Armenia

A new shipment is being delivered from Russia to Armenia in transit through Azerbaijan.

World
Iran warns US over 'misinformation'

Iran warns US over 'misinformation'

Iranian Foreign Minister Abbas Araghchi has warned the United States to exercise caution over what he described as misinformation and inaccurate intelligence, amid continued tensions between Tehran and Washington.

Analysis

Lifestyle
Baku gets ready for celebration of world-class dance–Video message from Eldar Jafarov

Baku gets ready for celebration of world-class dance–Video message from Eldar Jafarov

From 29 October to 1 November 2026, Baku will once again become an international meeting point for dance as Azerbaijan Dance Festival celebrates its 5th anniversary, AzerNEWS reports.

Culture
Creative masterclasses to be held for children in Karabakh and Eastern Zangazur

Creative masterclasses to be held for children in Karabakh and Eastern Zangazur

The Public Union for Supporting Modern Creativity has launched the implementation of a creative masterclass project titled "Children of the Reborn Land," AzerNEWS reports.

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

Events
Baku to host int'l forum on Middle Corridor, TRIPP and Eurasia’s transport future

Baku to host int'l forum on Middle Corridor, TRIPP and Eurasia’s transport future

Baku will host an international conference in September, bringing together government officials, transport operators, investors and experts to discuss the future of Eurasia’s transport corridors amid shifting global supply chains and the emergence of alternative trade routes between Asia and Europe.

Sports
Sabah FC make history as youngest club in UEFA Champions League play-offs

Sabah FC make history as youngest club in UEFA Champions League play-offs

Sabah FC is the youngest club among the teams participating in this season's UEFA Champions League play-offs and those that have already secured a place in the league phase, AzerNEWS reports.

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