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Taxi fares in Baku jump by up to 50%

AZE.US Several major ride-hailing services operating in Baku have sharply increased prices since the start of June. According to local media reports, fares on Yango have...

‘Luxury’ ticket for 231 manats: Passenger criticizes Baku-Tbilisi train

AZE.US A former employee of Azerbaijan Railways has criticized the level of service on the Tbilisi-Baku train, saying his 231 manat ($136) “Luxury” ticket delivered...

Weddings on credit: Why young Azerbaijanis are putting off marriage

AZE.US Marriage in Azerbaijan is becoming increasingly expensive, with lavish ceremonies, family expectations and social media pressure pushing some couples into debt before their life...

Russia Risks Losing Armenia and the South Caucasus, Iskandaryan Says

AZE.US Russia risks losing its remaining influence in Armenia and across the South Caucasus if it severs economic ties with Yerevan, Armenian political analyst Alexander...

Up to 20% of Baku residents live in rented housing

AZE.US Around 18% to 20% of Baku residents live in rented homes, while the share is estimated at 15% to 20% in Sumgayit and Ganja,...

Cigarette Prices May Rise in Azerbaijan

AZE.US Cigarette prices in Azerbaijan may increase again in the coming days, with retail prices expected to rise by about 0.20 to 0.30 manat ($0.12...

Company directors could face travel bans over corporate customs debt

AZE.US Azerbaijani company directors could face temporary travel restrictions over unpaid customs debts owed by their businesses, a provision that financial lawyer Akram Hasanov says...

Azerbaijan’s mortgage limits fall far behind soaring home prices

AZE.US Buying a home with a mortgage has become increasingly difficult in Azerbaijan as property prices rise faster than state-backed lending limits. The rules themselves have...

US Launches New Strikes on Iran After Apache Incident Near Strait of Hormuz

The United States launched a new round of strikes against Iran on Tuesday after an American Apache helicopter went down near the Strait of Hormuz, raising fresh doubts about efforts to end the war.

Pashinyan’s Victory May Have Been Part of a Political Deal

AZE.US Armenian Prime Minister Nikol Pashinyan’s election victory may have been part of a political compromise designed to keep him in power while preventing him...

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