Economy

page 8

EU advised not to rush into anti-Russian sanctions

EU advised not to rush into anti-Russian sanctions

European leaders have decided to wait until after the talks on Ukraine that are scheduled for May 15 in Istanbul before pushing the U.S. to impose fresh sanctions on Russia, Bloomberg reported, citing sources. U.S. officials made it …

Bitcoin exceeds $105,000 for the first time since January 31

Bitcoin exceeds $105,000 for the first time since January 31

Bitcoin's price exceeded $105,000 on May 8, 2025, marking the first time it surpassed this level since January 31, according to the Binance platform. At 04:05 a.m. Moscow time (01:05 a.m. GMT), the cryptocurrency had risen by 0.34% …

U.S. holds productive trade talks with China

U.S. holds productive trade talks with China

U.S. Treasury Secretary Scott Bessent reported "substantial progress" in U.S. talks with China’s top economic officials to de-escalate a damaging trade war. According to Bessent, U.S. President Donald Trump was fully …

Russia and Brazil to start joint uranium mining

Russia and Brazil to start joint uranium mining

Brazilian President Luiz Inacio Lula da Silva, who will pay a visit to Russia on May 8, intends to enter into agreements on attracting Russian investments in the development of infrastructure for the production of liquefied natural gas and …

Azerbaijan receives first batch of Kazakh wheat

Azerbaijan receives first batch of Kazakh wheat

The Baku Grain Terminal has received its first shipment of wheat from Kazakhstan, a move signaling a deepening of trade ties between the two Caspian neighbors, the Kazakh media reported. In connection with the delivery, Chairman of the …

Azerbaijan to cooperate with Pakistan in customs sphere

Azerbaijan to cooperate with Pakistan in customs sphere

President of Azerbaijan Ilham Aliyev has signed a decree approving the 'Memorandum of Understanding between the State Customs Committee of Azerbaijan and the Customs Service of Pakistan on the Establishment of Preliminary Electronic Data …

Baku: Zangezur and Middle Corridors vital for EU

Baku: Zangezur and Middle Corridors vital for EU

Zangazur Corridor serves as vital link between Asia and Europe, the ADB governor from Azerbaijan, Azerbaijan's finance minister Sahil Babayev said, addressing the business session of ADB Governors. According to him, the …

Trump suggests some trade deals may come soon

Trump suggests some trade deals may come soon

U.S. President Donald Trump suggested that his administration could strike trade deals with some countries as soon as this week, offering the prospect of relief for trading partners seeking to avoid higher U.S. import duties. …