War in the Middle East has upended the world economy, the International Monetary Fund said on Tuesday, warning in a report that disruptions to oil markets could slow growth, fuel inflation and raise the possibility of a global recession. The sober message came after the global economy had largely weathered a pandemic, Russia’s war in…
If global geopolitics were played out in a high school cafeteria, Europe would be having a “Mean Girls” moment. Once a sought-after friend and trading partner, Europe is finding itself on the outs with the world’s big powers. Russia, the continent’s longtime supplier of oil, turned on its Western neighbors after invading Ukraine and has…
Shorouk Express BAKU, Azerbaijan, December 9. A delegation from Azerbaijan, led by Deputy Minister of Foreign Affairs Elnur Mammadov, visited the Lao People’s Democratic Republic (Laos) on December 8-9, 2025, to discuss ways to strengthen political, economic, and humanitarian cooperation between the two countries, Trend reports via the Azerbaijani MFA. During the visit, the first…
Shorouk Express Sign up to our free Brexit newsletter for our analysis of the continuing impact of Brexit on the UK Sign up to our free newsletter for the latest analysis on Brexit’s impact Sign up to our free newsletter for the latest analysis on Brexit’s impact Rachel Reeves is pushing for a more ambitious…
Shorouk Express BAKU, Azerbaijan, August 15. Latvia has reaffirmed its commitment to deepening economic cooperation with Israel, focusing on innovation-driven sectors such as defense technologies, green energy, and precision medicine, the Ministry of Economics of Latvia told Trend. According to the ministry, the Latvia–Israel Business Forum, organized in cooperation with the Israel Export Institute, aimed…
Shorouk Express ASTANA, Kazakhstan, August 1. Deputy Minister of Foreign Affairs of Kazakhstan Arman Isetov held a meeting with Romanian Ambassador to Kazakhstan Madalina Lupu, Trend reports via Kazakh MFA. During the talks, both sides highlighted the dynamic and steadily progressing nature of cooperation, discussing a wide range of issues in bilateral and multilateral formats….
Shorouk Express Members of the selection committee also said Wednesday that the process was complete and that they could not legally revise their choice of Tsyvinskyi, as the government has demanded. They added that the cabinet has no legal authority to reject their nominee and is violating the law. But at its Wednesday meeting —…
Shorouk Express Economy Materials 30 July 2025 22:02 (UTC +04:00) Photo: Artificial intelligence The IMF has revised Iran’s real GDP growth forecast for 2025, while keeping the 2026 outlook steady. Iran’s GDP grew significantly in the last fiscal year, boosted by strong performance in sectors like oil and gas extraction, agriculture, and services….
Shorouk Express BAKU, Azerbaijan, July 30. Infrastructure work is scheduled to begin soon at the newly established Nakhchivan Industrial Park, Elchin Kazimov, spokesperson for the Economic Zones Development Agency (EZDA) under the Ministry of Economy of Azerbaijan, said in an interview with Trend. The official also outlined the planned activities for the industrial park. “By…
Shorouk Express Economy Materials 23 July 2025 10:45 (UTC +04:00) According to the ADB’s latest outlook, Kazakhstan’s economy expanded by 5.6% in the first quarter of 2025, a significant acceleration from 3.8% in the same period last year. The growth was fueled by robust gains in key sectors, including transport (up 21.0%), construction…
