Azerbaijan–U.S. Peace Dividend: President Ilham Aliyev marked the 1-year anniversary of the Trump-brokered Armenia peace summit, saying U.S.-Azerbaijan ties are at their “highest point” in 34 years and pointing to early economic wins like cargo access to Armenia, start of Azerbaijani petroleum exports, and grain movement through Azerbaijan. TRIPP Corridor Push: Aliyev and Trump also discussed progress on TRIPP, with work on transport infrastructure in Azerbaijan nearing completion and continued focus on regional connectivity. Banking Liquidity Watch: Azerbaijan’s banking sector is expanding lending while holding a liquidity cushion, with Central Bank figures highlighting strong reserves and excess liquidity buffers. Electricity for Returnees: Azerishiq is upgrading power networks across nearly 30 villages in Khojaly and Khojavand, adding transformer substations and rebuilding 35/0.4 kV infrastructure to support stable supply for returning families. Trade Risk From U.S. Tariffs: A U.S. Senate bill could allow up to 100% tariffs on goods from top Russian oil/gas buyers—currently including Azerbaijan—raising uncertainty for regional exporters. Animal Health Trade Shock: The Philippines imposed an FMD-related import ban on live animals and certain animal products from Azerbaijan and six other economies, tightening border controls. Youth & Innovation: Yay Fest 2026’s “Modern Cities and Technology” camp in Shamakhi trained participants on smart cities, AI, and sustainable development, including reconstruction and safe return topics.