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.
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.
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.
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 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 jumped more than 2% to a record high today. The white metal rose as high as $57.86 an ounce.
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.
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.
The Mercedes-Benz auto concern filed an application with the Federal Service for Intellectual Property (Rospatent) to register a trademark with a similar name.
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 prices rallied on August 13, reaching a fresh, all-time high above $124,000.
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 …
The International Monetary Fund said an escalation of the conflict in the Middle East could have significant economic ramifications for the …
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 …
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.
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 …
Germany continues to feed the EU budget
The shift to settlements in national currencies bypassing the dollar can no longer be stopped, Russian Foreign Minister Sergey Lavrov told a press conference following a visit to New York as part of Moscow's presidency of the UN Security …
The head of the International Monetary Fund called for greater vigilance over the global financial system during a speech in China on Sunday in which she also pointed to “green shoots” emerging in the world’s second-largest …
IMF Managing Director Kristalina Georgieva, addressing an Arab Fiscal Forum in Dubai, said global growth remains weak, but it may be at a turning point. "After expanding by 3.4% last year, we see growth slowing to 2.9% in 2023 and …
