Economics

Azerbaijan's National Supercomputing Centre

What could Azerbaijan's planned National Supercomputing Centre deliver?

June 24, 2026

From a technological standpoint, the project's key partners are NVIDIA, the US-based chipmaker, and Lenovo, the global technology company with Chinese roots

Azerbaijan

Middle Corridor set to triple capacity as Azerbaijan strengthens strategic role

Azerbaijan

June 19, 2026

Cargo volumes along the corridor rose from around 0.6–0.8 million tonnes in 2019–2021 to more than 4.5 million tonnes in 2024

Armenia

Armenia unveils exporter support programme to offset Russian restrictions

Armenia

June 13, 2026

This is the second programme of its kind. The government aims to help exporters diversify their markets while also seeking special trade preferences with the European Union

Pashinyan unconcerned about possible CSTO expulsion

Nikol Pashinyan

'Not concerned': Pashinyan on possible expulsion of Armenia from Russian-led military bloc

Nikol Pashinyan

June 11, 2026

'If member states decide to expel Armenia, we will have to take note of that decision,' says Armenian PM. Key takeaways from Pashinyan's first post-election briefing.

What's behind resumption of Baku-Brussels talks amid tensions with European Parliament?

Azerbaijan-EU

June 05, 2026

During talks in Baku, the two sides reached a preliminary agreement and confirmed the resumption of negotiations

Armenia launches support programme for exporters in response to Russian restrictions

Armenia-Russia

June 04, 2026

Armenia’s exporter support programme. The government expects more than 4,250 tonnes of vegetables and strawberries and around 10 million flowers to be exported in June, while exporters will receive financial compensation

Armenia officially opens its first AI factory

Armenia-USA

June 02, 2026

Built on NVIDIA Blackwell B300 technology, it is the first AI factory in the South Caucasus. The project envisages total investment of $120m.

Russian pressure on Armenia ahead of elections

Pressure from Russia on Armenia ahead of elections: economy as tool of influence

Armenia-Russia

May 29, 2026

Experts say the pressure is temporary, but Armenia’s dependence on the Russian market has made it possible and highlights the need to diversify economic ties.

Armenia gains access to rail connections through Turkey: what to expect

Armenia-Turkey

May 25, 2026

“The Akhalkalaki–Kars railway is now open for exports from Armenia and imports into Armenia,” Prime Minister Nikol Pashinyan says. Economist Aghasi Tavadyan explains what this could mean.

Pashinyan comments on the main events of the past week

Pashinyan comments on gas prices, recent assault and exposing agents as key election looms

Nikol Pashinyan

May 22, 2026

Pashinyan decided not to break tradition and invited journalists to his weekly press conference, despite being on leave due to the election campaign

From Baku to Africa: what could Azerbaijan’s mining partnership with Eswatini bring?

Azerbaijan

May 22, 2026

The mining cooperation memorandum is being viewed as the beginning of a new phase in Baku’s policy towards Africa.

How a Russian village lives after all the men went to war: million-ruble debts at grocery stores, bears roaming the streets

Eastern Europe

May 21, 2026

In Russia, the first settlement has been officially awarded the title “Village of Military Valor.”

Unemployment falls in Georgia, but labour market challenges remain

Georgia

May 20, 2026

In the first quarter of 2026, Georgia’s unemployment rate fell by 0.3 percentage points compared with the same period last year, reaching 14.4%.

BTK railway line and Baku–Tbilisi train resume operations - what does it mean for South Caucasus?

Azerbaijan-Georgia

May 20, 2026

The resumption of the Tbilisi–Baku service after a six-year break signals the effective return of the BTK railway line to full operation.

‘Use longer and give new life’: introducing circular economy in Armenia

Armenia

May 15, 2026

Its goals are mainly environmental, but the model also promises economic benefits.

Turkey lifts ban on direct trade with Armenia

Armenia welcomes Turkey move to lift bilateral trade ban

Armenia-Turkey

May 13, 2026

Turkey lifts ban on direct trade with Armenia. Preparations have been completed, while previous trade had to go through third countries.

Black rain over the Black Sea: How the Russian city of Tuapse is struggling to cope with the consequences of Ukrainian attacks

War in Ukraine

May 12, 2026

What is happening in Tuapse — and how local residents are trying to mitigate the environmental consequences.

Who in Georgia will lose social benefits? Government changes rules for unified welfare database

Georgia

May 08, 2026

For example, families will lose social benefits if their monthly income reaches or exceeds $463 per family member.

$85bn despite falling oil revenues: how will Baku manage its growing foreign currency reserves?

Azerbaijan

May 08, 2026

The growth came against the backdrop of a weakening oil and gas sector, falling exports and declining direct oil and gas revenues of SOFAZ.

Georgia’s National Bank raises refinancing rate to 8.25%, making loans more expensive

Georgia

May 06, 2026

The National Bank linked the move to escalating tensions in the Middle East, which it said had driven up energy prices and increased inflationary pressures.

'This will lead to cartel deals' – Opinion on measures to cut supermarket prices in Georgia

Georgia

May 05, 2026

Former economy minister Giorgi Kobulia said plans by supermarkets to create an essential goods basket will lead to a worsening of the price situation.