Analysis

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Azerbaijan develops sustainable energy

Azerbaijan develops sustainable energy

Azerbaijan has announced a partnership with UAE-based developer Masdar for 1 GW each of solar and onshore wind, with 2 GW on integrated offshore wind plus green hydrogen production – marking the first offshore wind in the Caspian Sea. …

Ukrainian refugees put Europe under strain

Ukrainian refugees put Europe under strain

European countries have opened up to a flood of refugees fleeing conflict in Ukraine, and more than three months later they face growing challenges in confronting the largest refugee crisis since World War II

Iran proposes single currency for SCO region

Iran proposes single currency for SCO region

Iran has approached the Shanghai Cooperation Organization (SCO) with a proposal to create a new single currency for carrying out trade among the members of the Eurasian bloc that includes China, India and Russia

Does the Armenian society need a new reality?

Does the Armenian society need a new reality?

There is a growing awareness of the need to bring the country out of years of isolation in the Armenian society. But the question is whether the Armenian political elite is ready to let its citizens out of the grip of nationalism and …

Turkish consumer inflation soars to 73.5%

Turkish consumer inflation soars to 73.5%

Turkey’s May consumer inflation came in lower than expected, but newly announced gas and electricity hikes bode a renewed resurge in prices across the board.

Time come for "Middle Corridor"

Time come for "Middle Corridor"

In Azerbaijan the expansion of the free-trade zone at Alat is on schedule to be completed in July. Alat is a township 70 kilometers south of the capital, where the Port of Baku has already been renovated and expanded in two …

Who is threatened by China's string of pearls strategy?

Who is threatened by China's string of pearls strategy?

The Belt and Road Initiative represents a shift in China’s global perspective as well as an update to its role and status in the international system. Reviving the Silk Road as a means of connecting China with the rest of the globe was the …

G7 demands oil from OPEC

G7 demands oil from OPEC

G7 energy ministers have called on the Opec group of oil producing countries to pump more oil