AzerNews - News from Azerbaijan, Business, Energy, Analysis

Japan’s weak economy complicates end of its cheap money era

Japan’s latest economic figures may look modest compared with the much larger concerns facing the global economy, but they deserve considerably more attention. Japan is not in recession: real GDP grew at an annualized rate of 1.1% in the second quarter of 2026, or 0.3% from the previous quarter. Yet the expansion was significantly weaker than the 2% annualized growth expected by economists. Private consumption weakened, capital investment fell 1.2%, while external demand provided support.

Nation

Azerbaijani passport ranks 110th globally with visa-free access to 35 countries

The Azerbaijani passport ranks 110th globally, according to data published by the independent US-based Passport Reports platform, which tracks passport mobility and visa requirements for 199 countries, AzerNEWS reports.

Oil & Gas

Azeri Light oil price falls to $91.31 per barrel in Augusta

The price of Azerbaijan’s Azeri Light crude oil at Italy’s Augusta port on a CIF basis fell by $1.24, or 1.34%, from the previous level to $91.31 per barrel, AzerNEWS reports.

Business

Copper prices rise more than 13% amid strong demand expectations

Copper prices have risen by more than 13% on the global market since the beginning of 2026, driven largely by expectations of stronger demand from data centers and renewable energy investments.

Armenian-Azerbaijani Relations

Pashinyan's reshuffle reveals leader preparing for tough years ahead

Nikol Pashinyan has begun his fourth term with a cabinet barely changed on the surface and substantially reorganised underneath it. The pattern of his appointments tells you more about the challenges ahead than the portfolio continuity does.

World

Armour of God 4 marks largest foreign film production in country [PHOTOS]

The Baku leg of the production of the adventure film "Armour of God 4: Ultimatum" has officially concluded, marking the largest foreign film production project to date in Azerbaijan, AzerNEWS reports.