Editor's note: Aysel Mammadzada is an Azerbaijan-based journalist. The views expressed in this article are the author’s own and do not necessarily reflect those of News.Az.
Editor's note: Faig Mahmudov is a journalist based in Azerbaijan. The views expressed in this article are his own and do not necessarily reflect those of News.Az.
Discussions surrounding the role of the US dollar in the global financial system have intensified in recent years. Against the backdrop of shifts in international markets, rising geopolitical risks and the policies pursued by major economies, certain signs of a relative weakening in the dollar’s position can be observed. However, these developments are not being interpreted as evidence of a sharp depreciation of the dollar or its displacement from the global financial system. Rather, they point to long-term and gradual changes shaped by investor expectations and growing interest in alternative financial instruments.
As familiar energy maps begin to crack and sea routes increasingly hinge on political storms, global attention shifts to regions where calculation and pragmatism still prevail. The Caspian is no longer a “quiet inland body of water,” but a pivotal node where energy, transit, and geopolitics intersect.
Editor's note: Faig Mahmudov is a journalist based in Azerbaijan. The views expressed in this article are his own and do not necessarily reflect those of News.Az.
The world has long measured power by the roar of tanks and the flash of missiles. But what if real influence today takes a different form – a quietly signed contract, an overlooked port terminal, or a piece of technology without which the lights won’t turn on tomorrow? While some states debate morality, sanctions, and “red lines,” others methodically reshape the global landscape – without ultimatums or fanfare.
