Oil production in OPEC states down to record minimum
Oil production in OPEC countries dropped in April 2026 by 420,000 barrels per day to a 36-year minimum, Bloomberg reported.
global economy
Global aviation crisis signals more serious disruptions ahead - Dmitriev
The global aviation crisis caused by rising fuel prices and escalating tensions on the energy market is a precursor to more serious disruptions in other sectors, Russian Presidential Special Representative for Investment and Economic Cooperation with Foreign Countries and CEO of the Russian Direct Investment Fund Kirill Dmitriev said.
Global inflation to accelerate due to Middle East crisis - Nabiullina
The conflict in the Middle East remains the factor of uncertainty and will lead to inflation acceleration globally under the base case forecast of the Bank of Russia, Central Bank chief Elvira Nabiullina said at the press conference after the Board meeting.
Baku hosting XIII Global Forum
The 13th Global Baku Forum, themed “Bridging Divides in a World in Transition,” began at the Gulustan Palace in Baku under the patronage of President of Azerbaijan Ilham Aliyev and organized by the Nizami Ganjavi International Center.
US weight in global economy declining - Ryabkov
The share of the United States and other Western countries in the global economy is declining, with the dollar's monopoly eroding, Russian Deputy Foreign Minister Sergey Ryabkov said.
Gold prices hit new all-time high
The price of gold futures for delivery in February 2026 on the Comex exchange reached a new all-time high, surpassing the level of $4,650 per troy ounce, according to trading data.
Gold and silver prices reach historic highs
Prices of gold and silver futures contracts on the Comex exchange have renewed historical highs, having risen above $4,45 per troy ounce and $69.5 per troy ounce, respectively, according to trading data.
BRICS states seek alternatives to U.S. dollar
BRICS member states don’t oppose the use of the U.S. dollar in global trade but believe it is important to develop alternative mechanisms for international settlements, international affairs advisor to the South American nation’s president Celso Amorim said.
Silver trades hit record high
Silver jumped more than 2% to a record high today. The white metal rose as high as $57.86 an ounce.
Azerbaijan's non-oil exports up by 6.6% in 10 months
Azerbaijan’s non-oil sector exports grew by 6.6% in the first 10 months of 2025, totaling $2.99 billion, according to the Center for Analysis of Economic Reforms and Communication.
Baku and Islamabad identifies key vectors of economic partnership
Pakistan's Prime Minister Muhammad Shehbaz Sharif received a delegation led by Azerbaijani Minister of Economy Mikayil Jabbarov, who was on an official visit to Pakistan.
Mercedes-Benz files trademark application in Russia
The Mercedes-Benz auto concern filed an application with the Federal Service for Intellectual Property (Rospatent) to register a trademark with a similar name.
Russian economy cooling faster than expected - ministry
The Russian economy is cooling faster than previously expected, Russia's Economic Development Minister Maxim Reshetnikov said on the sidelines of the Eastern Economic Forum.
Bitcoin reach all-time high above $124,000
Bitcoin prices rallied on August 13, reaching a fresh, all-time high above $124,000.
U.S. global economic share drops below 15%
The U.S. share of the global economy has tanked below 15% during Joe Biden’s presidency. By the end of his term, it is projected to hit a record low of …
IMF: Middle East conflict poses economic risks
The International Monetary Fund said an escalation of the conflict in the Middle East could have significant economic ramifications for the …
'Black Monday' crashes Asian stock markets, bitcoin and oil
Stock markets tumbled on Monday, with Japanese shares at one point exceeding their 1987 "Black Monday" loss, as fears of a U.S. recession sent investors fleeing from risk while wagering that rate cuts would be needed to rescue …
IMF: some countries reevaluating reliance on dollar
Some countries are working on reducing their reliance on the dollar, First Deputy Managing Director of the International Monetary Fund (IMF) Gita Gopinath at the Stanford Institute for Economic Policy Research.
Blinken: Houthi attacks disrupt global shipping in Red Sea
The attacks by the Ansar Allah Houthi movement on commercial shipping have disrupted or diverted nearly 20% of global shipping, U.S. Secretary of State Antony Blinken said during the press conference with Amir Sheikh Tamim Bin …
EU budget - main donors and recipients
Germany continues to feed the EU budget
