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Azerbaijan to render financial assistance to Afghanistan
17.01.2013 13:06
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Azerbaijan International Development Agency (AIDA) of the Ministry of Foreign Affairs has provided $150 000 financial aid to Afghanistan within the United Nations Development Programme (UNDP), the UN Baku office told.

The funds allocated by the Azerbaijani government will be used for application of e-governance methods as a pilot. It is directly related with Azerbaijan`s successful e-governance experience.

"The future of Afghanistan has a special importance for both global security and stability; Azerbaijan actively supports the fraternal-Afghan people in solution of the country's problems," said UN Baku office.

President Ilham Aliyev`s speech made in May in the NATO Summit in Chicago also underlines this.
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  • Greece crisis: What are consequences for Azerbaijan?
    07.07.2015 16:03
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  • Armenia electricity price hike protester sews lips
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    A participator in the sit-in at Liberty Square in Armeniaв's capital city of Yerevan'"and with a demand to revoke the recent decision to raise the price of electricity in the country'"has sewn his lips.The demonstrators partaking in the sit-in have informed about this to Armenian News-N...
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NEWS STORY
  • Russiaв's military base in Armenia alerted in snap combat readiness check
    07.07.2015 18:04
    http:// www.news.az/photos/page-photo/141671.jpg
    http:// www.news.az/photos/page-photo/141671.jpg
    The Russian military base in Armenia was alerted on Tuesday in a sudden combat readiness check, the press office of Russiaв's Southern Military District said on Tuesday.

    "The commission of the Southern Military District headed by the District's Deputy Commander, Lieutenant-General Igor Turchenyuk has started a sudden combat readiness check of the military base located in the Republic of Armenia," the press office said in a statement, according to TASS.

    "During the sudden check, the commission will study the readiness of on-duty forces in the aviation unit in Erenbuni and the military base in the Gyumri garrison for the accomplishment of the tasks for switching to full combat readiness," the press release said.

    Special attention will be paid to practical actions from an alarm call to the deployment of the base's units in the designated areas for accomplishing combat training tasks in the Kamkhud and Alagyaz training ranges.

    The military drills will be monitored with the help of the Navodchik-2 drones.
    2
  • 22 years pass since Agdere occupation
    07.07.2015 17:21
    http://www.today.az/pictures/pic142041.jpg
    http://www.today.az/pictures/pic142041.jpg
    /By AzerNews/

    By Sara Rajabova

    July 7 marks the occupation of Azerbaijanв's Agdere region, located to the north of Nagorno-Karabakh, by Armenian armed forces in 1993.

    Like the other provinces in Azerbaijanв's Nagorno-Karabakh region, Agdere region was captured by the Armenian armed forces during the beginning of the Karabakh war.

    Agdere city was liberated from the Armenian invaders on July 4, 1992 in an attack by the Azerbaijani army. For a year, intensive fighting ensued in nearby villages surrounding Agdere.

    In addition, the political situation in Azerbaijan was very unstable in those times. Given this opportunity, the Armenian army re-occupied Agdere on July 7, 1993.

    Currently, several villages of the region are under Azerbaijanв's control, but much of the province, including Agdere city, has been under Armenian occupation for over 20 years.

    The Agdere region was formed during Soviet rule in 1930. It was referred to as Jerabert until 1939 when its name was changed to Mardakert, lasting until 1991. In 1991, the name of the region was restored. In October 1992 the Azerbaijani government divided the region of Agdere among three regions outside of Karabakh'"Tartar, Aghdam, and Kalbajar.

    Agdere region had the highest concentration of ethnic Azerbaijanis in Nagorno-Karabakh, after Shusha. Before the occupation, more than 14,000 Azerbaijanis had been living in the 14 villages of the region.

    The region was an important agricultural region in Karabakh. The economy was dominated by the viticulture, grain cropping, tobacco, and cattle-breeding.

    Agdere is rich with natural recourses and minerals. The Mehmana polymetallic deposit in the region contains limestone and plaster. Coal deposits were discovered in the late 1980s within the territorial boundary of Agdere.

    Like the other parts of the Nagorno-Karabakh, Agdere was also rich with historical monuments.

    Among the well-known architectural monuments of the region are the Ganjasar Albanian temple in the village of Vangli, Holy Iako temple in the village of Kolatag (of 635), Urek temple (XII century) near the village of Talysh, the temple at upper flow of the river Tartar (XIII century), Hatem Malik Tower, along with many other ancient temples and bridges.

    Unfortunately, all of these were destroyed by the Armenian occupants after the invasion of the region.

    Armenia and Azerbaijan fought a lengthy war that ended after signing of a precarious ceasefire in 1994. Since then, Armenian armed forces have occupied over 20 percent of Azerbaijan's internationally recognized territory, including Nagorno-Karabakh, defying international calls and UN resolutions.

    Peace talks, mediated by Russia, France and the U.S. through the OSCE Minsk Group, are underway on the basis of a peace outline proposed by the Minsk Group co-chairs and dubbed the Madrid Principles. The negotiations have been largely fruitless so far.
    16
  • Baku to host parade of volunteers of European Games
    07.07.2015 16:39
    http:// www.news.az/photos/page-photo/141666.jpg
    http:// www.news.az/photos/page-photo/141666.jpg
    "We wrote a history! We became history!"

    A special event dedicated to the volunteers of the first European Games "Baku-2015" and the Azerbaijani national team athletes will take place in Baku.

    According to Oxu.az citing Report, initiators of the event, which will take place on July 12, are the Ministry of Youth and Sports and the operating committee of the European Games "Baku-2015"(BEGOC).

    The event will be held under the slogan "We wrote a history! We became history!" and will consist of two parts.

    The first part of the event will be introduced with a parade of "Baku-2015" with participation of the Azerbaijani national team athletes and volunteers of the Games.

    The parade will begin at 20:00 at the Palace of Hand Games and will end near the "Clock Tower" in the Seaside National Park.

    The parade will continue with the special concert program, which will start at 21:00 near the "Clock Tower" with participation of pop stars.
    14
  • Central Bank's monetary reserves grow
    07.07.2015 16:37
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    http:// www.news.az/photos/page-photo/141665.jpg
    The monetary reserves of the Central Bank of Azerbaijan as of late June made $8,520,200,000.

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    In line with the information from the Central Bank, the growth in monetary reserves made $89.4m or 1% over the past month.

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    8
  • Greece crisis: What are consequences for Azerbaijan?
    07.07.2015 16:03
    http://cdn.trend.az/pictures/2015/07/06/greece_flag_belt_060715.jpg
    http://cdn.trend.az/pictures/2015/07/06/greece_flag_belt_060715.jpg
    Baku, Azerbaijan, July 7

    By Ilaha Mammadli - Trend:

    The Greek crisis remains a headache not only for Greece itself, but also for the countries affected by it. Azerbaijan is not among these countries.

    As distinct from Greece, Azerbaijan directed its energy towards maintaining both its political and economic independence despite the outside pressure and refused to join various economic unions.

    Azerbaijan, which actively diversifies its assets abroad into various financial instruments, has no investments in Greece for the present. It is a great advantage for the country in terms of avoiding losses.

    Greece's financial market didn't attract Azerbaijan's State Oil Fund, since this country's rating didn't meet its investment rules.

    The first deal worth $400 million on purchasing 66-percent share in Greek DESFA gas transmission operator by the State Oil Company of Azerbaijan (SOCAR) was delayed due to the current government of Alexis Tsipras. Taking into account the current debts of Greece, these funds would be helpful for this country.

    At present, the Greek crisis affected only Azerbaijani tourists who lost their chance to enjoy comfortable direct flights to Rhodes Island, since Baku-Rhodes charter flight was closed before it started functioning.

    Initiating of a flight with a delay was the reason. As a result, the number of passengers was insufficient. The problems with a temporary limitation of the Greek banking system are another problem. But this does not mean that there will be no Azerbaijani tourists among those wishing to visit the Greek island.

    Meanwhile, an extraordinary summit of the eurozone countries is expected to be held July 7. The fate of Greece will be determined there. Greek people made their choice July 5, by abandoning the program of austerity measures proposed by the "troika" of creditors. The creditors' plan envisaged, in particular, a sharp reduction in public spending of Athens, especially social spending and tax increases in exchange for the refinancing of Greek debts, as well as their partial restructuring.

    The Greek referendum does not mean the country's immediately leaving the EU, because there is a lack of the EU basic documents. Moreover, neither the Greek government nor the members of the Eurogroup want this.

    Such developments may affect the success of the negotiations held among the government of Alexis Tsipras and European troika of creditors - the European Commission, the European Central Bank (ECB) and the IMF and the rapid conclusion of an agreement on the debts with softer requirements. It is in the interests of the EU countries because if Greece introduces its currency into circulation, the depreciation of assets and the inflation of state debt in euro are inevitable.

    Without the support of the ECB, the Greek banking system will not be able to function properly, and investments of the regulator are estimated at 70 percent of GDP. One shouldn't forget that after 2000, when Greece entered the eurozone, machines for printing the national currency had been destroyed. The current financial condition does not allow Greece to bear such costs.

    No matter what decision of the summit of the eurozone countries is, the relations between Azerbaijan and Greece will not be affected, and it will not lead to the renewal of the existing agreements, since they regulate the bilateral relations and have nothing to do with the contacts within the EU.

    A possible withdrawal from the eurozone doesn't threaten implementation of the Trans-Adriatic gas pipeline project as well, even despite the fact that it is aimed at providing Europe with gas. The Greek territory will be used only for the pipeline laying, and in the absence of any costs for the country, Greece will be able to obtain multi-million dividends in the future. Of course, one should not refuse it.

    However, the Greek crisis will still affect Azerbaijan - it negatively affects the European currency rate and leads to the devaluation of national currencies against this background, and the Azerbaijani manat will be no exception.

    Withdrawal from the eurozone will not be a solution to problems for Greece, which isn't able to survive on its own, and as a result, the country will have to join the new association in order to get support from new sources. The country has already received an offer to join the BRICS (an association of five major emerging national economies: Brazil, Russia, India, China and South Africa.)

    Edited by CN

    ---

    Ilaha Mammadli is Trend Agency's deputy editor-in-chief for economic issues, follow her on Twitter: @IlahaMammadli

    Follow us on Twitter @
    8
  • Restrictions on Baku roads may become permanent
    07.07.2015 15:59
    http://www.today.az/pictures/pic142036.jpg
    http://www.today.az/pictures/pic142036.jpg
    /By AzerNews/

    By Amina Nazarli

    The rules restricting the entry of vehicles that are registered in the Azerbaijani regions to Baku, enacted in order to reduce car flow in the capital for the European Games on June 12-28, remain valid.

    Kamran Aliyev, the spokesman for the Interior Ministry's Central State Traffic Police Department spoke to local media about the decision.

    Since June 1, the State Administration Police have restricted the entry of vehicles and trucks, registered in the countryв's regions to Baku, to ensure the uninterrupted movement of the 6,000 athletes, 3,000 delegations, and the mass of tourists in Baku for the Games.

    Residents from the regions wishing to come into the city were asked to leave their cars parked at guarded lots in the north and west of the capital and use a special shuttle to get to the city.

    Aliyev said that the temporary restrictions will run until July 10.

    The government, however, is now considering the possibility of making the rules more permanent as the situation on Bakuв's roads have improved dramatically.

    ''Prior to the restriction, up to 100,000 cars from the regions daily arrived in Baku,'' transportation expert Azer Allahveranov said. ''This increased traffic load on the capitalв's roads by more than 40 percent. Currently, some 800,000 cars are registered in Baku. However, only 150,000 of them are constantly traveling on the road. Thus, 100,000 cars arriving in Baku from the regions make the situation on the roads of the capital very difficult.''

    Everything will depend on the decision of the Security Committee of the Cabinet of Ministers, according to Aliyev. ''Now, the committee is holding a meeting on this issue.''

    In order to create a safe, reliable, and accessible transport system for the increased numbers of passengers, exclusive ''Baku 2015 Lanes'' had been set during the Games for rapid movement of people, especially spectators and competitors. Drivers who violated these restrictions and unlawfully drove on the special lanes were fined 40 manats.

    Now, the restriction works only for trucks, the spokesman stressed. ''They can use the lanes only after 10:00pm until morning. Those who violate the rule are fined for 40 manats,'' Aliyev said.

    The first-ever European Games was surely a mega event, awarded to Baku by the European Olympic Committees (EOC) in December 2012.

    Athletes competed in 20 sporting events, 16 of which were Olympic disciplines, while the other four were new sports to this format. Some 12 of them served as Olympic qualifiers for Rio 2016.
    7
  • Armenians continue protesting on Liberty Square
    07.07.2015 15:53
    http://www.today.az/pictures/pic142037.jpg
    http://www.today.az/pictures/pic142037.jpg
    /By AzerNews/

    By Laman Sadigova

    Despite the Yerevan police clearing out Baghramyan Avenue, protesters have refused to stop the strike and leave the streets. They have moved the demonstrations to Liberty Square.

    Dozens of people have come to the Square, located about a kilometer from the former site, to express various grievances while urging supporters again to try to block the avenue.

    Traffic has now resumed on Baghramyan Avenue, where a sit-in had blocked traffic for two weeks.

    Several dozen police vehicles, including police cars, armored cars, water cannons and machine installing barbed wire could be seen on the Avenue, which leads to the residence of the Armenian President, the Parliament building, and several embassies.

    Davit Sanasaryan, a member of the opposition, announced today at Liberty Square that he would go on hunger strike.

    Sanasaryan was reported to have received a concussion and hospitalized a day before he was detained '"on July 6 - by law enforcement officials. He would, however, join protesters that evening and spend the night at Liberty Square.

    ''My hunger strike is not even against the Armenian authorities, but the Armenian citizens. Iв'll continue my hunger strike unless the number of people gathered in Liberty Square is enough to confront the police barricade on Baghramyan Avenue,'' he said.

    In another hunger strike, an activist known as Ovi has sewn his lips together with thread as an act of protest. He cannot talk, but is able to drink water.
    6
  • Pakistan, Iran working on electricity import projects
    07.07.2015 15:48
    http://www.today.az/pictures/pic142038.jpg
    http://www.today.az/pictures/pic142038.jpg
    Pakistan and Iran are developing two energy projects for electricity import, Pakistanв's Prime Minister Nawaz Sharif told RIA Novosti.

    ''Two large energy projects are being developed for importing 1,100 megawatt of electricity,'' said Sharif. ''Both sides are studying the technical and financial aspects of the project.''

    Executive director of National Iranian Gas Export Company (NIGEC) Alireza Kameli said that the first contract on electricity export was signed between NIGEC and Iranв's private company in January 2015.

    He added that the initial agreement on converting gas into electricity has been signed recently with four more Iranian companies.

    Moreover, Kameli said that currently, Iranian companies actively study the electricity market in such countries as Afghanistan, Pakistan, Iraq and UAE.

    Nawaz Sharif for his part added that currently, the two countries have a joint project under which Pakistan receives electricity from Iran.

    ''Additional supplies with start in 2016 following the modernization of the infrastructure.''

    /By
    5
  • Bakcell awarded with honorary certificate by Ministry of Communications and High Technologies
    07.07.2015 15:46
    http://cdn.trend.az/pictures/2015/03/19/logo_bakcell_main.jpg
    http://cdn.trend.az/pictures/2015/03/19/logo_bakcell_main.jpg
    Baku, Azerbaijan, July 7

    Trend:

    Bakcell, the first mobile operator and leading mobile Internet provider of Azerbaijan has received an honorary certificate from the Ministry of Communications and High Technologies for its contribution to provision of telecommunications services during the First European Games.

    Bakcell has provided in-building solutions at such sporting and non-sporting venues and areas as Baku Aquatics Centre, Baku Sports Hall, Tofiq Bahramov Stadium, Heydar Aliyev Arena, Athletes Village, Baku Crystal Hall, Fairmont Hotel and Heydar Aliyev International Airport.

    Within the frames of the preparatory work for the First European Games, and with the aim of providing the users with highest quality services, Bakcell has additionally installed 95 2G/3G stations and 20 stations compatible with 4G services. As a result of installation of additional innovative equipment, able to ensure high network throughput, Bakcell network was reinforced to provide a large number of subscribers with high quality voice and internet services at all the venues of the First European Games.

    During the execution of this project, Bakcell has worked together with other providers as a part of the European Games team and served implementation of this national project on the highest level.

    More than 1000 tourists visiting Azerbaijan during the European Games chose Bakcell network to use state-of-the-art LTE services with up to 150 Mbit/s internet speeds. It should also be noted that Bakcell is the first and only operator in Azerbaijan to provide the subscribers with 4G services in roaming.

    Bakcell offers a variety of products for modern mobile communications customers. Bakcell provides class leading 3G mobile internet experience in the country under the Sür@ brand name.

    As one of the largest national non-oil investors, Bakcell today continues making large investments in the economy of Azerbaijan through its investments in state-of-the-art telecommunication technology and its people who service our customers.

    Bakcell's network covers more than 99 percent of the population and 93 percent of the land area of the country (excluding occupied territories). Bakcell is a leader in innovation and it focuses on bringing the best of the mobile internet to Azerbaijanis through new partnerships and its Sür@ services.

    For more information about Bakcell products and services, please visit www.bakcell.com or call 555. For press releases please see www.bakcell.com/az/news (or www.bakcell.com/en/news for press releases in English).

    If you are not a Bakcell subscriber, but wish to find out about Bakcell and its services, please call 055 000 05 55

    3
  • Azerbaijan's combat helicopters fly over front line
    07.07.2015 15:45
    http:// www.news.az/photos/page-photo/141663.jpg
    http:// www.news.az/photos/page-photo/141663.jpg
    This morning the combat helicopters of Azerbaijan's Air Forces have carried flights on the front line in direction of Fizuli.

    According to Oxu.Az, local residents have informed AzeriDefence about this. They said our combat helicopters have carried the group flights close to the front line.

    In turn, Azerbaijan's Defense Ministry has confirmed this fact in responde to AzeriDefence's request.

    The press service for the ministry reported that in line with the plan of combat readiness, the aviation divisions of the marine forces of Azerbaijan is constantly operating flights along the front line.
    3
  • Azerbaijan about to end work on bill on cemeteries
    07.07.2015 15:44
    http:// www.news.az/photos/page-photo/141664.jpg
    http:// www.news.az/photos/page-photo/141664.jpg
    Mubariz Gurbanli: The bill covers the issues on cemeteries, funerals, location of cemeteries, size of graves, preparation of graves according to relevant religions and others

    Azerbaijan's Cabinet of Ministers has considered the bill on cemeteries, final discussions are underway, and then it will be presented to the parliament," Chairman of the State Committee for Work with Religious Organizations Mubariz Gurbanli told APA.

    Gurbanli said that the Committee developed the bill along with the Ministry of Economy and Industry and submitted to the Cabinet of Ministers.

    "The Cabinet of Ministers has considered the bill, relevant department made some proposals in this regard. The Committee and Ministry of Economy and Industry reconsidered these proposals, discussions are about to end. Following the discussions, the final document will be considered by the Presidential Administration's legislative department and then presented to the parliament," he added.

    The main point is that there is no problem regarding the document, the committee chairman said, adding the bill covers the issues on cemeteries, funerals, location of cemeteries, size of graves, preparation of graves according relevant religions and others.
    3
  • Protesters intend to continue striking in Yerevan
    07.07.2015 14:58
    http://cdn.trend.az/pictures/2015/06/23/yerevan_miting_230615_01.jpg
    http://cdn.trend.az/pictures/2015/06/23/yerevan_miting_230615_01.jpg
    Baku, Azerbaijan, July 7

    Trend:

    There are still about two dozen people protesting against the increase in electricity tariffs on Freedom Square in the center of Yerevan, RIA Novosti reported.

    The protesters intend to hold a rally every night, the statement said.

    One of the rally leaders David Sanasaryan also continues striking. He has been recently detained by the law enforcement bodies. While detaining, he said that he received a slight concussion and was hospitalized. He joined the protesters on Freedom Square July 6 night.

    "We do not consider that our demands have been fulfilled," Sanasaryan said. "If we disperse now, then the government will deceive us and the tariffs will be raised again. Therefore, we must continue protesting until all decisions on tariff increases are canceled."

    "Every evening we will hold rallies on the square," Pavel, one of the activists, said.

    Edited by CN

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    10
  • Fiery dances from different nationalities grace Azerbaijan
    07.07.2015 14:14
    http://www.today.az/pictures/pic142035.jpg
    http://www.today.az/pictures/pic142035.jpg
    /By AzerNews/

    By Laman Sadigova

    A fiery and colorful evening of dance performances from folk groups representing Turkey, Japan, as well as various nationalities that live in Azerbaijan, took place at the VI International Music Festival "Silk Road'' in Sheki.

    11 different natioanlities'"Lezgins, Russian, Talysh, Tatars, Udis, Tats, Ingiloys, Kurds, Meskhetian Turks, Avars and Sahour'"pleased guests of festival with their unique cultures, rituals, traditions, songs, and dances over the two days of the festival.

    Folklore collectives came on stage all together to sing ''Azerbaijan'' song by the legendary Muslim Magomayev.

    The festival gave the chance to showcase Shekiв's rich culture and art, its hospitality, and originality. For many centuries, the city was an important centre of art. Today Sheki is a unique place that has preserved the urban culture inherent in medieval towns. Shekiв's historical and architectural monuments '" caravanserais, mosques, minarets, walls and bridges '" display the ancient architectural style of the city.

    The uniqueness and originality of the Silk Road Festival is that all of its activities are carried out against the backdrop of stunning landmarks - the Palace of Sheki Khans, historical complex Yukhari Karvansaray, the Albanian church in Kish village and others.

    A mugam concert of the instrumental ensemble under the direction of the honored artist Sahib Pashazade, in the Palace of Sheki Khans brought the festival to a close on July 5.

    Mugam, folk songs and tesnifs were performed by the young singer and soloist of the Opera Academic and Ballet, Arzu Aliyeva.

    The closing ceremony was attended by the Chairman of the Azerbaijani Union of Composers, UNESCO Artist for Peace, Firangiz Alizadeh, and chief executive of Sheki Elkhan Usubov, who thanked all the participants and guests of the festival.

    After the official part of the closing ceremony, a concert by the symphonic orchestra "Sinfonietta Baku" Azerbaijan Composers Union concluded the evening.
    12
  • Growing number of jet crashes in Russia may be caused by outdated infrastructure
    07.07.2015 14:10
    http:// www.news.az/photos/page-photo/141660.jpg
    http:// www.news.az/photos/page-photo/141660.jpg
    Outdated infrastructure may be the reason of growing number of accidents with military aircraft, test pilot, Hero of the Russian Federation Magomed Tolboev told TASS on Tuesday.

    On Monday, a Su-24M bomber crashed in the Far Eastern Khabarovsk during take-off for a training flight, killing both pilots. Last week, a MiG-29 fighter jet crashed in southern Russia but both pilots ejected, ITAR TASS reports.

    "If you compare the Soviet times and modern Russia, you would see that there were no less crashes in the USSR. However, there were more flights as well. Of course, now the statistics of accidents raises concerns. The main reason [of crashes] is outdated infrastructure, planes from the 1970s, they are 30 and sometimes even 40 years old," Tolboev said. However, international statistics shows that the number of accidents usually grows along with the number of conducted flights, he reminded.

    "Take-off is the hardest part of the flight. A jet uses its afterburners when taking off, and engines are the most dangerous. If fires breaks out there, it leads to an explosion in an instant," the test pilot noted. He also suggested that the plane could have crashed because Su-24 pilots forgot to release flaps. "Pilots could have taken off, forgetting about releasing flaps. In this case, the plane goes down right after taking off," he added.

    According to reports, Russian Armed Forces lost 4 planes and 3 people in accidents since the start of 2015, excluding last week's and yesterday's crashes.
    4
  • Armenia electricity price hike protester sews lips
    07.07.2015 13:30
    http://www.today.az/pictures/pic142032.jpg
    http://www.today.az/pictures/pic142032.jpg
    A participator in the sit-in at Liberty Square in Armeniaв's capital city of Yerevan'"and with a demand to revoke the recent decision to raise the price of electricity in the country'"has sewn his lips.

    The demonstrators partaking in the sit-in have informed about this to Armenian News-NEWS.am.

    The person, who has resorted to this extreme form of protest, is a middle-aged man named Hovhannes.

    The Yerevan police on Monday issued a statement informing that they were about to open Baghramyan Avenue, which the protesters had closed down for the past two weeks. The demonstrators were given until 12:30pm to open the avenue themselves. The protesters, however, continued their sit-on at the boulevard. At around 1pm, the number of police forces sharply increased at the avenue. Subsequently, the law enforcement detained the majority of the protesters by holding them from their feet and carrying them away. They also formed a human chain and moved the rest toward the sidewalk.

    A total of 46 people were detained during this police action.

    Baghramyan Avenue has reopened, and traffic on this boulevard has resumed.

    And the demonstrators returned to Liberty Square, where their protest had initially started.

    /By News.am/
    10
  • Fighting emotional fatigue
    07.07.2015 13:25
    http://www.today.az/pictures/pic142031.jpg
    http://www.today.az/pictures/pic142031.jpg
    /By AzerNews/

    By Laman Sadigova

    Have you ever found yourself feeling somewhat empty and hollow, unable to experience happiness and stability fully?

    At times, even the most outwardly fulfilled and successful people experience some levels of emotional tiredness and apathy, as if disconnected from their loved ones and friends - remote almost.

    In those moments, hands are moving down and there is no desire to do anything; the joy of life fades, and boredom sets in. When youв're burned out, problems seem insurmountable, everything looks bleak, and itв's difficult to muster up the energy to care'"let alone do something about your situation. The unhappiness and detachment burnout causes can threaten your job, your relationships, and your health.

    The question is how to deal with it?

    The thing you need to remember if you faced this problem is that you need to take care of you for life to be truly rewarding.

    Before tackling such difficulties you need first and foremost to tackle the roots if this emotional fatigue.

    No need to torture yourself by trying to combat chronic tiredness. To get better you need to heal from the inside out.

    First of all, tell yourself to STOP! Be aware of what you are concerned about and try to identify why feelings of joy and fulfillment have left you.

    Men cannot always be in a voltage state and constantly be very active. If you listen to yourself, it will become clear that at some point you get tired of all those life "emergencies". Everyone at some point will want out of responsibilities and obligations.

    This is why it is important to not to burn the candles on both ends. You need time everyday to reset your batteries and regroup. Put away your laptop, turn off your phone, and stop checking your email! I am not saying that we should encourage pernicious idleness and irresponsibility! But the truth is that a person needs a rest from the buzz of modern life.

    Start the day with a relaxing ritual

    Rather than jump out of bed as soon as you wake up, spend at least fifteen minutes on you; whether it is meditation, light morning physical exercises, writing in your journal, doing gentle stretches, or reading something that inspires you, this time will help you start the day on a calm and positive note.

    Input new bright moments in your life

    Creativity and initiative are powerful antidotes. Try something new, start a fun project, or resume a favorite hobby, choose activities that have nothing in common with work. These trifles can indeed make your everyday life brighter and shinier.

    Being surrounded by the ugly and the drab take a huge toll on peopleв's emotional energy. Begin to add some color, some sizzle in your life. It will shift your emotional energy.

    Turn to your loved ones for support

    By simply sharing your feelings with another person can relieve some of the stockpiled stress. The other person doesnв't have to ''fix'' your problems; he or she just has to be a good listener. In fact, most friends will be flattered you trust them enough to confide in them, and it will only strengthen your friendship.

    Emotional tiredness is an undeniable sign that something important in your life is not working. Take time to think about your hopes, goals, and dreams. Are you neglecting something that is truly important to you? Such emotional fatigue can be an opportunity to rediscover what really makes you happy and to change course accordingly.

    Remember that happiness needs to be found in every moment!
    5
  • Iranв's president to visit Russia
    07.07.2015 13:23
    http://cdn.trend.az/pictures/2015/02/25/hassan_rouhani_main_250215.jpg
    http://cdn.trend.az/pictures/2015/02/25/hassan_rouhani_main_250215.jpg
    Tehran, Iran, July 7

    By Mehdi Sepahvand - Trend:

    Iranian President Hassan Rouhani is going to leave Tehran for Russia on July 9.

    Rouhani is making the trip on official invitation from his Russian counterpart Vladimir Putin, Tasnim news agency reported July 7.

    Rouhani's trip includes attending the Shanghai Cooperation Organization summit and that of BRICS.

    BRICS is the acronym for an association of five major emerging national economies: Brazil, Russia, India, China and South Africa.

    The Shanghai Cooperation Organization or SCO is a Eurasian political, economic and military organization, which was founded in 2001 in Shanghai by the leaders of China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan.

    Rouhani's trip will take two days. He will attend the BRICS meeting on July 9 as special guest and deliver a speech there.

    Rouhani will also be one of the main speakers at the SCO summit on July 10.

    Edited by CN

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    7
  • Mudflows threaten Azerbaijan
    07.07.2015 12:44
    http://www.today.az/pictures/pic142030.jpg
    http://www.today.az/pictures/pic142030.jpg
    /By AzerNews/

    By Amina Nazarli

    Azerbaijan is often confronted with the problem of river flooding and it is one of the countries most prone to mud flows in the world.

    The nearby Caucasus Mountain rage greatly increases the risk of heavy rains and mudflows in the country.

    The preceding statement was made by Elbrus Alizade, the deputy director of the Geography Institute of the Azerbaijan National Academy of Sciences, while commenting on the flooding that took place in Tbilisi and Sochi this June.

    The devastating flood, lasting throughout the night of June 14, claimed the lives of 19 people in the Georgian capital, Tbilisi. The natural disaster left dozens of families without shelter, damaged major roadways, and destroyed a significant part of the cityв's zoo.

    Alizade says that since the spring was quite rainy this year, river depth increased dramatically and soil and rock fragments that appeared in the small mountain river basins were washed away by heavy flooding.

    The scientist noted that mud flows seen in the countryв's Gabala and Oguz regions a month ago, proves that the risk of mud flows still remains in Azerbaijan.

    If the volume of precipitation will be below normal in the next two or three months, where the current forecast now stands, then there will be an accumulation of solid material in riverbeds throughout the country. If then heavy rains similar to the kinds seen in the North Caucasus and Georgia were to fall in Azerbaijan, then the country should most certainly expect mudflows.

    However, Alizade added that compared to last year, mudflows are expected to not be as powerful.

    The rivers of southern slope of the Greater Caucasus, in particular in the basins of the Shinchay, Kishchay, Demiraparanchay and partially the basin of Girdimanchay, weak mud flows expected, according to the scientist.

    Itв's unlikely that Azerbaijanв's other regions will experience strong mud flows, the scientist stressed.

    Alizade also noted that floods would be unlikely in the summer.

    ''There is little snow in the mountains and the forecasts predict little rain this summer. Thatв's why we do not expect severe flooding by the first few months of autumn in Azerbaijan. At the same time, middle and the weak force mud flows are possible to be held in the basins of some rivers, however, floods are not expected,'' the deputy director said.

    Earlier, Alizade mentioned that as compared to the 1960-70s, areas prone to mudflows in Azerbaijan have grown by least by 2-2.5 times.

    If in the past strong mudflows in the Sheki-Zagatala region were seen every 5-7 years, then now this interval is 2-3 years, the scientist said.

    The southern slope of the Greater Caucasus (Skeki-Zagatala region) is considered one of the most dangerous areas for mudflows not only in the Caucasus, but also throughout the world.

    The development of livestock, the excessive use of summer pastures, as well as grazing in the alpine and subalpine meadows led to a decrease in vegetation. As a result, the number of areas in danger of mudflows increased.
    14
  • Four workers die during building demolition works in Tbilisi
    07.07.2015 12:40
    http:// www.news.az/photos/page-photo/141657.jpg
    http:// www.news.az/photos/page-photo/141657.jpg
    Four workers died as a result of collapse of the fourth floor of a building during demolition works on July 6.

    Three workers died on the spot, and one was pulled alive from the rubble and rushed to hospital, but succumbed to multiple injuries a few hours later, Civil.ge reports.

    The building, formerly housing Institute of Physics and Mathematics on Apakidze street close to the Sports Palace, is being demolished to give way to the construction of a hotel.

    Head of the construction workers trade union, Marina Kurtanidze, told Imedi TV that this was the eighth incident at construction sites involving fatalities this year. She went on to say that actual figures might be higher as not all such incidents are reported.
    7
  • Paris to host next meeting of Azerbaijan-France economic commission
    07.07.2015 12:39
    http:// www.news.az/photos/page-photo/141658.jpg
    http:// www.news.az/photos/page-photo/141658.jpg
    Azerbaijani Minister of Finance Samir Sharifov has today met a delegation led by Minister of State for Foreign Trade of France, state secretary on the Promotion of Tourism and French Nationals Abroad Matthias Fekl.

    Minister Samir Sharifov informed the delegation on Azerbaijan's recent socio-economic successes achieved under the leadership of President Ilham Aliyev, and praised bilateral ties between the two countries, AzerTag reports.

    Mr. Sharifov said French companies were successfully operating in Azerbaijan, noting reciprocal visits make contribution to expanding relations between the two countries.

    Matthias Fekl hailed the excellent organization of the First European Games and noted that the next meeting of the Azerbaijan-France intergovernmental economic commission would be held in Paris.

    Mr. Fekl highlighted great opportunities for further expanding bilateral cooperation between Azerbaijan and France.

    They also discussed other issues of mutual concern.
    5
  • OSCE monitoring expected on contact line of Azerbaijani, Armenian armies
    07.07.2015 11:58
    http://www.today.az/pictures/pic142026.jpg
    http://www.today.az/pictures/pic142026.jpg
    OSCE is expected to monitor the contact line between Azerbaijani and Armenian armies July 8, Azerbaijan's Defense Ministry said July 7.

    The monitoring will be held under the mandate of the OSCE chairperson-in-office personal representative, on the contact line located near the village of Ashagi Veyselli of Azerbaijan's Fizuli district, the ministry said.

    On the Azerbaijani side, the monitoring will be carried out by the field assistants of OSCE chairperson-in-office personal representative Yevgeny Sharov and Peter Svedberg.

    On the opposite side, the monitoring will be conducted by the field assistants of OSCE chairperson-in-office personal representative Hristo Hristov and Jiri Aberle.

    The conflict between the two South Caucasus countries began in 1988 when Armenia made territorial claims against Azerbaijan. As a result of the ensuing war, in 1992 Armenian armed forces occupied 20 percent of Azerbaijan, including the Nagorno-Karabakh region and seven surrounding districts.

    The two countries signed a ceasefire agreement in 1994. The co-chairs of the OSCE Minsk Group, Russia, France and the US are currently holding peace negotiations. Armenia has not yet implemented four UN Security Council resolutions on the liberation of the Nagorno-Karabakh and the surrounding regions.

    /By
    13
  • Azerbaijan takes measures against MERS
    07.07.2015 11:57
    http://www.today.az/pictures/pic142028.jpg
    http://www.today.az/pictures/pic142028.jpg
    /By AzerNews/

    By Amina Nazarli

    Azerbaijanв's Health Ministry has begun implementing measures to prevent the entry of the MERS (Middle East Respiratory Syndrome) virus into the country, according to Rita Ismayilova, the department head at the National Anti-plague Station.

    Ismayilova noted that the situation concerning infectious disesases in Azerbaijan is stable.

    She said that the government takes measures in this regard. The border crossing points control and monitor the flow of people arriving in Azerbaijan from states with the highest number of virus cases.

    ''In connection with the virus, the government carries out educational work both among the population and health workers. We make all preventive measures, however, no country is immune from this. If an infected person will arrive in Azerbaijan, then the Scientific Research Institute of Lung Diseases has chambers with all the necessary conditions for the treatment of patients with respiratory failure and other symptoms. These chambers were also operating during the spread of the Ebola virus,'' Ismayilova said.

    Ismayilova urges people to be cautious. ''In order to protect yourselves from the disease, it is necessary to wash hands frequently, wipe them with wet towels, and not to touch the mouth, nose, and eyes with dirty hands,'' she explained.

    Middle East Respiratory Syndrome is a viral respiratory illness that is new to humans. Some of those who were infected had mild symptoms or no symptoms at all, but most people infected with MERS-CoV developed severe respiratory ailments, including fever, a cough, and shortness of breath. Others reported having gastrointestinal symptoms, like diarrhea nausea/vomiting, and kidney failure.

    Noting that the virus belongs to the MERS coronavirus, the department head said that the maximum incubation period for the disease is 14 days.

    So far, the virus has been found in 25 countries.

    South Korea and Philippines have been recording an outbreak of MERS. It is the largest known outbreak of the disease outside the Arabian Peninsula, where the virus was first identified in 2012.

    In South Korea, 166 people have been infected, 24 have died, and thousands have been under quarantine or observation as of mid-June 20.

    Approximately 36 percent of reported patients with MERS have died, according to the World Health Organization.
    9
  • Uzbekistanв's first deputy interior minister named
    07.07.2015 11:55
    http://cdn.trend.az/pictures/2013/05/22/tashkent_220513.jpg
    http://cdn.trend.az/pictures/2013/05/22/tashkent_220513.jpg
    Tashkent, Uzbekistan, July 7

    By Demir Azizov- Trend:

    Uzbekistan's President Islam Karimov has signed a decree to appoint Tursunpulat Tashpulatov the country's first deputy interior minister and head of the ministry's General Directorate of Criminal Investigation and the fight against terrorism, Uzbek Interior Ministry said.

    Prior to this appointment, Tashpulatov served as the first deputy head of Tashkent city Main Department of Internal Affairs.

    Tashpulatov replaced Davron Nazarmukhamedov on this post. The latter was appointed presidential advisor for organizational and personnel affairs in April 2015.

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    6
  • Iran, P5 1 in final stage of nuclear talks in Vienna
    07.07.2015 11:54
    http:// www.news.az/photos/page-photo/141654.jpg
    http:// www.news.az/photos/page-photo/141654.jpg
    Marathon nuclear talks continue in the Austrian capital of Vienna as Iran and the P5 1 group of countries hold a second plenary session to settle the last hurdles blocking a final nuclear deal.

    Iranian Foreign Minister Mohammad Javad Zarif sat down with his counterparts from the P5 1 countries and EU foreign policy chief Federica Mogherini in Vienna for the second time on Monday amid speculations that the deadline to reach a comprehensive agreement might be extended, Press TV reports.

    Earlier on Monday, the foreign ministers of the United Nations Security Council's five permanent members and Germany took part in a coordination meeting on Iran's nuclear case in Vienna.

    The meeting was held behind closed doors without representatives from Tehran.

    The Iranian foreign minister and US Secretary of State John Kerry have reportedly held 15 rounds of meetings over the last 10 days in Vienna.

    Zarif held separate one-on-one meetings with his Russian counterpart Sergei Lavrov and Mogherini on Monday.

    Iran and the six world powers - the United States, Britain, France, Russia, China and Germany - have been engaged in sensitive nuclear talks over the past 10 days in the Austrian capital to nail down a landmark deal over Tehran's nuclear program.

    'Serious differences remain'

    A source close to the Iranian nuclear negotiating team said on Monday that "serious differences" still exist between Iran and the P5 1 countries.

    "Today's negotiations showed that differences are serious but the two sides are also firmly determined to settle the differences," IRNA quoted the source as saying.

    Iran insists on red lines

    A member of the Iranian negotiating team said on Monday that Iran would never cross its red lines in the nuclear talks with the P5 1.

    He told reporters that Iranian negotiators seek to strike a "good deal" with the six world powers and are ready to remain at the negotiating table until such an agreement is reached between the two sides.

    Possible extension of talks

    White House spokesman Josh Earnest said on Monday that the extended July 7 deadline for a final deal between Iran and the global powers could further "slip".

    "I would say that it's certainly possible," he said after the two sides missed a June-end deadline pushing the Vienna negotiations into the first week of July.

    However, he did not "set any expectations at this point", saying, "This [July 7] is the deadline that we continue to operate against, and that reflects the rather aggressive pace of the negotiations that are underway right now."
    6
  • Yerevan activists go extreme, refuse to end protests
    07.07.2015 11:54
    http://cdn.trend.az/pictures/2015/06/23/yerevan_protest_230615__(14).jpg
    http://cdn.trend.az/pictures/2015/06/23/yerevan_protest_230615__(14).jpg
    Baku, Azerbaijan, July 7

    Trend:

    Around 30 participants of the unauthorized protest against the increase of electricity tariffs in Armenia, stayed overnight in the center of Yerevan, on the Freedom Square, RIA Novosti reported.

    Reportedly, one of the protestors has sewed up his mouth. He can't eat and speaks with difficulty, but is able to drink water.

    Moreover, one of the leaders of the protest action David Sanasaryan continues his hunger strike.

    On June 23, the Armenian police broke up a rally in the center of the country's capital. The rally was held in protest against the increased electricity tariffs. The protests in the streets resulted in use of water cannons against people.

    Over 230 people got arrested as a result of violent crackdown, including journalists of Gala TV, the Radio Liberty's Armenian office, the Haykakan Zhamanak newspaper, the Hetq, News.am, Panarmenian.net news agencies.

    On June 17, Armenia's Public Services Regulatory Commission, considering a request from the distribution company, Electric Networks of Armenia, which is a subsidiary of the Inter RAO UES, raised the electricity tariffs by 6.93 Armenian drams (about $0.015).

    This caused discontent among the population that believes the rise in the cost of electricity will lead to higher prices for essential goods and many services.

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    6
  • Russia ready to share agricultural insurance experience with Azerbaijan
    07.07.2015 11:09
    http://www.today.az/pictures/pic142020.jpg
    http://www.today.az/pictures/pic142020.jpg
    /By AzerNews/

    By Aynur Karimova

    Russia has expressed readiness to share its experience in the field of agricultural insurance with Azerbaijan.

    This remark was made by Kornei Bizhdov, the president of the Russian National Union of Agricultural Insurers, at the 6th Azerbaijan International Insurance Forum (AIIF-2015) last week.

    "Azerbaijan and Russia have much in common: history and culture, energy and agrarian power of the economy. The profile of our economies is also similar. We are confident that the experience we have accumulated in the area of agricultural insurance may be of interest to Azerbaijan," he said.

    He noted the main problems for a country with an emerging economy hoping to apply agricultural insurance are the lack of information or the lack of quality of statistical data, a brief history of insurance and underdeveloped infrastructure.

    Bizhdov said that agricultural insurance is voluntary in Russia.

    "Insurance of all livestock or the total arable lands is mandatory. We insure 85 plant and 26 animal species," he added.

    Referring to the National Union of Agricultural Insurers, he noted the union includes 21 insurance companies, which cover 95 percent of the agricultural insurance market of the Russian Federation.

    "Few people know that agricultural production comprises one of the major items of export of Russia. Supply of these products exceeds arms exports by volume. We annually supply agricultural products of 20 billion rubles abroad, which almost comprises half of gas export revenues," Bizhdov noted.

    Azerbaijan is interested in developing agricultural insurance policies, which could provide support to farmers and spur further development of the agrarian industry. The government also seeks to attract international experts to help develop the laws on agricultural insurance.

    The Finance Ministry of the country has already begun to draft a bill on state support for agricultural insurance in conjunction with the Agriculture Ministry. Following its approval by the government, it will be submitted for discussion to the parliament.

    Currently, the government provides subsidies for agricultural insurance, but their coverage is very small.

    The share of public financing for agricultural insurance premiums was increased from 25 to 50 percent, according to the amendments on the law on the assistance and development of agriculture in Azerbaijan, approved in the summer of 2007.

    Wheat, barley, maize, sunflower, potato, sugar beet and vegetables were added to the list of agricultural crops insured by the funds of the state budget.

    The average tariff on agricultural insurance in Azerbaijan amounts to around 1,500 ($1,428) manats per year (five percent per hectare), while the average profit per hectare is about 25,000 manats ($23,801) per year.

    Each year Azerbaijan's officials in charge of the state budget determine the funds with respect to covering 50-percent of the cost of all insurance contracts with farmers. Unfortunately, it is almost never used to its full capacity.

    Experts believe one of the causes for the underdevelopment of agricultural insurance in Azerbaijan is the lack of awareness among farmers about the insurance and its capacity.According to the State Insurance Supervision Service under the Finance Ministry, in January-May 2015 insurance fees for agricultural products totaled 204.23 manat ($194,438), while livestock insurance was at 1.2 million manat ($1,142 million). The share of agricultural insurance of the total fees is 0.65 percent.

    The potential for the Azerbaijani agricultural insurance market is an estimated 100 million manats (about $127 million). The market could grow by at least 20-30 percent after the new law on the insurance of agriculture is passed.
    12
  • WTTC report predict significant rise in Iran's tourism
    07.07.2015 11:08
    http://www.today.az/pictures/pic142021.jpg
    http://www.today.az/pictures/pic142021.jpg
    /By AzerNews/

    By Sara Rajabova

    The World Travel and Tourism Council has forecasted an increase of 6.6 percent in Iranв's tourism industry in 2015.

    The WTTC in its recent report titled ''Travel amp; Tourism: ECONOMIC IMPACT 2015 IRAN'' assessed the value of Iranв's tourism industry for 2014 at about $7.8 billion, Press TV reported.

    The report further said in 2014, travel and tourism in Iran directly supported 413,000 jobs, which is equal to 1.8 percent of the countryв's overall employment.

    This is expected to rise by 4.4 percent in 2015 and by 4.3 percent to 656,000 jobs (2.2 percent of total employment) in 2025, according to the report.

    It also put the value of Iranв's investments in its tourism industry in 2014 at $2.8 billion, equal to around three percent of the total investment made in the country throughout the year. The figure, it said, will see an increase of 4.3 percent in 2015 and will reach $2.9 billion in 2015.

    Some 3.8 million foreign tourists visited Iran in 2012, bringing $1.11 billion worth of income to the country. The figure stood at 4.77 million in 2013, constituting a 24.4 percent jump in revenue.

    Earlier, Iranian officials said the country plans to attract 20 million tourists annually by 2025, which could generate $30 billion in revenues.

    The WTTC report further put the world ranking of Iranв's tourism industry (out of 184 countries) at the 41st place in terms of size and at the 137th place in terms of contribution to GDP in 2014. It also said Iran could stand in 21st place in the global ranking of tourism for 2015.

    Iranian media earlier reported that Iran is among the worldв's top 10 countries for archeological and cultural sites, but it ranks 132nd and 160th out of 180 world countries in terms of its tourism industry and tourism revenues.

    A report by the World Economic Forum in May said Iran is the best destination for foreign tourists in terms of low costs and proper tourism services.

    Furthermore, after the removal of international sanctions on the country, the Islamic Republic is expected to witness a boom in the tourism sector.

    Iran is seen as one of the worldв's top potential tourist destinations, as it contains a countless number of ancient sites. The country ranks fourth in Asia and first in the Middle East in terms of the number of UNESCO World Heritage Sites, with an impressive 17 historic sites that have been added to UNESCOв's World Heritage List.

    Iran's tourism industry is booming, with more foreign travelers visiting the country than ever before. The Iranian government has recently focused on the development of the tourism sector. Iran's President Hassan Rouhani is hoping to attract 10 million international tourists each year.

    For the first time in 35 years, the number of tourists who traveled to Iran exceeds the number of Iranian tourists visiting other countries.
    6
  • Azerbaijan fights against insurance fraud
    07.07.2015 11:07
    http://www.today.az/pictures/pic142023.jpg
    http://www.today.az/pictures/pic142023.jpg
    /By AzerNews/

    By Vusala Abbasova

    The State Insurance Supervision of Azerbaijan's Finance Ministry has decided to use electronic policies to combat insurance fraud.

    This remark was made by Namig Khalilov, the head of the State Insurance Supervision during the 6th Azerbaijan International Insurance Forum in Baku last week.

    He noted that the sale of ordinary paper-based OSAGO (compulsory insurance of liability of owners of vehicles) policies by insurance agents, which are often liable to fraud cases, can't be stopped.

    The cheaper costs of OSAGOв's electronic policies will however attract consumers, and the decline in the value of the online insurance policies might be virtually offset by the increase in online sales.

    Currently, the government is considering the amendments to the insurance law, as well as the implementation of the methods of online policies sales.

    The online insurance policies will be available for everyone through ATMs and POS terminals after the e-policies transition.

    The amendments were added to the law "On compulsory types of insurance" adopted in 2011, and since then, some 26 insurance and one reinsurance company have been created in Azerbaijan.

    According to the law on compulsory types of insurance, the basic cost of an insurance policy on OSAGO is 50 manats, which applies to vehicles with an engine capacity of 1,500 cubic centimeters. The price increases from a coefficient of 1.5 to 5 in engines that are 5,000 ccm or more.

    From the first half of 2015, insurance companies have signed 476,000 insurance contracts on OSAGO. Due to the signed contracts, the premium revenues gathered amount to 36.4 million manat.

    The number of insurance policies on OSAGO increased by 14 percent in this period compared to January-June 2014.

    Vehicles on the road without appropriate insurance will be fined 50 manats for individuals, 100 manats for officials, and 300 manats for legal entities.

    The official exchange rate was 1 USD/1.049 AZN on July 6.
    5
  • Armenia could be new 'Greece'
    07.07.2015 11:06
    http://www.today.az/pictures/pic142022.jpg
    http://www.today.az/pictures/pic142022.jpg
    /By AzerNews/

    By Sara Rajabova

    The economic situation in Armenia is considered to be worse than expected. The Armenian government in recent years has accumulated external and internal debt in large volumes, which could lead to a default.

    The countryв's media reports that the national debt of Armenia, whose economic crisis is reaching dangerous level, is actually much more the official data.

    ''Armenian governmentв's official data shows that its state debt at the end of 2015 will reach $4.9 billion. By this the state debt will amount to about 45 percent of countryв's gross domestic product,'' Armeniaв's "Haykakan Zhamanak" newspaper reported, adding that in reality, however, the picture is much different.

    Even if the debt figure stands at 45 percent, the impact is felt much more in Armenia than would normally considering its economy indicators are worsening by the day.

    The newspaper said as GDP growth was doubtful, it is expected that in practice Armeniaв's sovereign national debt will amount to 55-57 percent of GDP by the end of the year.

    Experts claim that it is risky to take on a debt burden exceeding 50 percent of GDP. If the forecasts confirmed, then Armeniaв's situation is worse than previously assumed, especially when no economic growth is predicted in the country in near future.

    Recently, the International Monetary Fund predicted zero economic growth in Armenia. It also does not foresee any significant improvement in the economy for 2016.

    If economic growth was to slow down, then the government will not be able to pay off the debt.

    Furthermore, the newspaper claimed that state debt amounting to 55-57 percent of GDP does not reflect reality, stressing the problem is that the state debt does not include funds that logically should have been included.

    In 2008, Armeniaв's state debt was 2.13 billion dollars, of which the share of foreign debt accounted for only 1.82 billion dollars. The economists say that Armeniaв's state debt has increased by in 2.5 times, while the external debt grew by 300 percent since 2008.

    The newspaper also stressed that in the meantime, the companiesв' loans under government guarantees are not taken into account in the index of state debt. It showed for example, Yerevan Thermal Power Stationв's loan of $ 50 million, which it redirected to pay off wage arrears to workers at the 'Nairitв' plant.

    This amount is not recorded anywhere, and there is no information from which sources the government intends to repay it. Hence, it turns out that the amount of debt is much higher than recorded in official statistics.

    The newspaper also didnв't rule out that the actual state debt might exceed 60 percent of GDP, which, according to the Armenian legislation, is maximum admissible level for state debt. It recommended that the government closely monitor what is happening these days in Greece, warning that a few years later the same thing could happen again in Armenia.

    The economists consider that it is also important to take into account other circumstances, such as the sources from which these debts will be repaid.

    Economist Bagrat Asatryan told Armenian media that one of the most serious, major problems of the country is a foreign trade deficit: imports are about three times greater than exports.

    He said it is very difficult to service external debt in such circumstances, regardless of the fact that the debt does not exceed 50 percent limit.

    Asatryan said the country relies on labor migrants abroad, meanwhile noting that they are an unreliable source for any economy.

    The recent deterioration of the Armenian economy as a result of the Russian recession is a good example. Money transfers from Russia to Armenia decreased by 40 percent. In addition, a decline in the volumes of the exports from Russia was also observed.

    These factors are pressing the Armenian government to take decisive measures to prevent bankruptcy in future. The corrupt regime in Yerevan, however, seeks to maintain its power rather than pull the country out of the economic crisis.
    5
  • Azerbaijani judo fighters win 3 European medals
    07.07.2015 11:02
    http:// www.news.az/photos/page-photo/141652.jpg
    http:// www.news.az/photos/page-photo/141652.jpg
    According to AzerTag, Azerbaijani judo fighters have claimed 3 medals at the European championship in Sofia, Bulgaria.

    Female fighter Shehane Hajiyeva (40kg) won the gold medal after beating Romanian Lidia Mari.

    Zelim Ktsoyev (90kg) also gained the gold medal as he defeated Georgian Zaura Kenchatdze in the final, while Ismayil Ibrahimov grabbed the bronze in the 60kg weight division.
    6
  • TAP re-affirms its commitment to constructing pipeline through Greece
    07.07.2015 11:02
    http://cdn.trend.az/pictures/2015/02/03/tap_logo_030215.jpg
    http://cdn.trend.az/pictures/2015/02/03/tap_logo_030215.jpg
    Baku, Azerbaijan, July 7

    By Aygun Badalova - Trend:

    The Trans Adriatic Pipeline AG (TAP) has re-affirmed its commitment to constructing the pipeline through Greece's territory.

    "TAP re-affirms its full and strong commitment to constructing the TAP pipeline project through Greece and ensuring gas deliveries to Europe in early 2020," the source in the TAP told Trend.

    TAP will transport natural gas from the giant Shah Deniz II field in Azerbaijan to Europe. The approximately 870 km long pipeline will connect with the Trans Anatolian Pipeline (TANAP) at the Turkish-Greek border at Kipoi, cross Greece and Albania and the Adriatic Sea, before coming ashore in Southern Italy.

    The length of the TAP pipeline in Greece is approximately 545 kilometres. TAP's longest section, it will start at Kipoi, near the country's border with Turkey, and finish at its border with Albania, south-west of Ieropigi.

    The Greek section will include one compressor station near Kipoi for 10 bcm and an additional one near Serres should TAP's capacity be upgraded to 20 bcm. There will be 23 block valve stations along the Greek route.

    Greece will receive 1 billion cubic meters of gas per year within the contracts signed with Azerbaijan.

    Despite the remarks regarding the commitment to the implementation of this project, the new government in Greece periodically hinted that it would like to get more benefits from the gas transit through the country's territory.

    Nevertheless, TAP consortium earlier said that Greek government fully supports the TAP project and TAP is progressing on schedule in the country.

    Currently Greece faces a serious debt crisis which reportedly could be resulted in withdrawal of the country from the euro zone.

    On July 5, Greek voters took part in a referendum to determine whether Greece should accept the lenders-proposed bailout plan that envisages serious spending cuts and tax increases. Over 61 percent of Greek citizens said "no" to creditors' bailout proposals.

    ---

    Aygun Badalova is Trend Agency's staff journalist, follow her on Twitter: @AygunBadalova

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    6
  • Armenia violates ceasefire with Azerbaijan almost 70 times within 24 hours
    07.07.2015 10:24
    http://cdn.trend.az/pictures/2012/06/08/Army_Karabax_080612_3.jpg
    http://cdn.trend.az/pictures/2012/06/08/Army_Karabax_080612_3.jpg
    Baku, Azerbaijan, July 7

    By Ilkin Izzet - Trend:

    Armenian armed forces have broken the ceasefire with Azerbaijan 69 times in numerous positions in the last 24 hours, Azerbaijani Defense Ministry said July 7.

    Armenian armed forces located in the villages of Paravakar, Berkaber of Armenia's Ijevan district, Shavarshavan, Doveh of Noyemberyan district, opened fire at the positions of Azerbaijani armed forces located in the villages of Kohnegishlag of Aghstafa district, Gizilhajili, Ferehli, Kemerli villages and on the nameless heights of Gazakh district.

    Azerbaijani positions located on the nameless heights of Gadabay district underwent fire from the positions located on the nameless heights of Armenia's Krasnoselskiy district.

    Another ceasefire violation came from the positions located near the villages of Gulustan, Talish, Tapgaragoyunlu of Goranboy district, Chileburt, Gizil Oba of Terter, Shikhlar, Shuraabad, Sarijali, Bash Gervend, Kengerli, Yusifjanli, Javahirli, Merzili of Aghdam, Kuropatkino of Khojavend, Gorgan, Horadiz, Ashagi Seyidahmadli of Fizuli and Mehdili of Jabrayil district.

    Moreover, Azerbaijani positions took fire from the positions located on the nameless heights of Goygol, Goranboy, Khojavend, Fizuli and Jabrayil districts.

    The opposing side was silenced with return fire.

    The conflict between the two South Caucasus countries began in 1988 when Armenia made territorial claims against Azerbaijan. As a result of the ensuing war, in 1992 Armenian armed forces occupied 20 percent of Azerbaijan, including the Nagorno-Karabakh region and seven surrounding districts.

    The two countries signed a ceasefire agreement in 1994. The co-chairs of the OSCE Minsk Group, Russia, France and the US are currently holding peace negotiations. Armenia has not yet implemented the UN Security Council's four resolutions on the liberation of the Nagorno-Karabakh and the surrounding regions.

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    9
  • Official: Leyla Aliyeva will not run for a deputy seat
    07.07.2015 10:21
    http:// www.news.az/photos/page-photo/141651.jpg
    http:// www.news.az/photos/page-photo/141651.jpg
    Heydar Aliyev Foundation has disseminated a statement.

    Department of Public Relations of the Heydar Aliyev Foundation issued a statement in which it denies that the Vice-President of the Foundation Leyla Aliyeva is nominated for the candidate in the upcoming elections to the Milli Majlis.

    According to Oxu.az citing Haqqin, the report says:

    "Leyla Aliyeva is actively involved in social and political life of the country, while at the same time, it is known as an author and initiator of many projects in the cultural, social and environmental spheres. But the dissemination of information on that Leyla Aliyeva will run for a deputy seat is untrue and the reports about this are unfounded."
    5
  • German, Italian traders to come to Iran
    07.07.2015 09:47
    http://cdn.trend.az/pictures/2014/08/24/tehran_240814.jpg
    http://cdn.trend.az/pictures/2014/08/24/tehran_240814.jpg
    Baku, Azerbaijan, July 6

    By Fatih Karimov - Trend: Germany and Italy are negotiating to dispatch trade delegations to the country, said Hossein Esfahbodi, the Iranian deputy industry, mine, and trade minister.

    Germany plans to send a high-ranking delegation to Iran, he said, adding that a 300-member delegation from Italy will travel to Iran soon, Iran 's Mehr news agency quoted Esfahbodi as saying July 6.

    "Foreign countries significantly participate in exhibitions which are being held in Iran. Still, there are internationally renowned companies which are waiting for a final nuclear agreement in order to return to the Iranian market," he said.

    However, we have so far received no official request from U.S. traders to travel to Iran, he noted.

    Several delegations from Europe and Asia have so far visited the country to study the potentials for investing in the country's market once sanctions on the country are lifted and more delegations are expected in the near future.

    Iran and the group P5 1 (the US, UK, France, Russia, China, and Germany) are in talks to strike a deal over the Islamic Republic's nuclear program by July 9 deadline.

    While the six powers try to impose limitations on Iran's nuclear activities, Tehran is pushing for the removal of sanctions on its economy.

    Edited by CN

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    16
  • Azerbaijan, France discuss cooperation in space industry and nuclear research
    07.07.2015 09:40
    http:// www.news.az/photos/page-photo/141650.jpg
    http:// www.news.az/photos/page-photo/141650.jpg
    Azerbaijan`s Minister of Communications and High Technologies Ali Abbasov has met a delegation led by Matthias Fekl, Minister of State for Foreign Trade of France, AzerTag reports.

    Speaking about the cooperation between Azerbaijan and France, Minister Ali Abbasov noted the successful development of these relations in various areas, including in the fields of space industry and nuclear research.

    Touching upon the active role of French companies in Azerbaijan's economy, the Minister noted active participation of French companies in the launch of the country's first telecommunications satellite Azerspace-1 into orbit.

    In turn, Minister of State for Foreign Trade of France Matthias Fekl shared his impressions of the Baku 2015 First European Games. The French Minister congratulated the Azerbaijani people on this occasion, hailed the excellent organization of the games, as well as success of Azerbaijani sportsmen who showed good results leaving France behind by the number of medals.
    6
  • MFA comments on Russiaв's provision of $200M weapons loan to Armenia
    07.07.2015 09:35
    http:// www.news.az/photos/page-photo/141647.jpg
    http:// www.news.az/photos/page-photo/141647.jpg
    ''Azerbaijanв's resolute position is that these arms should not be deployed in its territories occupied by Armenia''

    Azerbaijan's resolute position is that these arms should not be deployed in its territories occupied by Armenia, Azerbaijan's Foreign Ministry spokesman Hikmat Hajiyev told APA while commenting on the fact that Russia has granted Armenia a $200 million sift loan to buy weapons and help modernize its armed forces.

    Hajiyev said this matter is being investigated by the Azerbaijani side.

    "The deployment of these arms in the occupied Azerbaijani territories can have a negative impact on the settlement of the conflict by peaceful means," Hajiyev added.
    6
  • MFA: Azerbaijan will blacklist Russian opera-singer Lyubov Kazarnovskaya
    07.07.2015 09:31
    http:// www.news.az/photos/page-photo/141648.jpg
    http:// www.news.az/photos/page-photo/141648.jpg
    ''Lyubov Kazarnovskaya has violated Azerbaijanв's law on ''State border'' and illegally visited our countryв's territories occupied by Armenia''

    The statement came from Foreign Ministry spokesman Hikmat Hajiyev told APA-Economics while commenting on illegal visit of Russian opera-singer Lyubov Kzarnovskaya to Azerbaijan's occupied territories.

    According to him, this person will be added into the list of "undesired persons" as a result of relevant investigation: "Kazarnovskaya's speeches in Azerbaijan's occupied territories promote Armenia's aggression and occupation against Azerbaijan, bloody ethnic cleansing committed against Azerbaijanis in the occupied territories and Armenia, while the art figures should serve peace and truce. Speaking about establishment of Music Center in the occupied territories, Kazarnovskaya must know that as a result of aggression of Armenia against Azerbaijan and barbarism committed in the occupied territories, Azerbaijani people's material and cultural heritage, as well as Karabakh music school underwent destruction and devastation".
    7
  • Turkish Airlines plane makes emergency landing in Belgrade
    07.07.2015 09:21
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    http://cdn.trend.az/pictures/2013/08/21/turkish_airlines_210813.jpg
    Baku, Azerbaijan, July 7

    Trend:

    A plane of Turkish Airlines flying on Istanbul-London route, made an emergency landing at the airport in Belgrade, Serbia, Anadolu agency reported July 7.

    The decision to make an emergency landing was made by the crew after the detection of a suspicious tablet onboard.

    Following the emergency landing, all the passengers of the airline were evacuated. After being checked in Belgrade, the plane flew to London.

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    6
  • Iran unveils details on releasing its gold frozen abroad
    07.07.2015 08:25
    http://cdn.trend.az/pictures/2015/04/16/gold_160415.jpg
    http://cdn.trend.az/pictures/2015/04/16/gold_160415.jpg
    Baku, Azerbaijan, July 4

    By Umid Niayesh - Trend:

    Iran managed to release some 13 metric tons of gold, worth $700 million which was frozen in South Africa under the international sanctions against Tehran due to its disputed nuclear program, Valiollah Seif, head of Iran's Central Bank (CBI) said.

    The aforementioned gold ,which was blocked in the last two years, was released as a result of nuclear talks with the P5 1 (the United Sated, Britain, China, France, Russia and Germany) and returned to the country in three consignments this week, Seif added.

    The latest consignment including four metric tons of gold returned to the country on June 30 and delivered to the CBI treasury, Seif said, Iran's official IRNA news agency reported July 4.

    The official further said that the Islamic Republic has imported eight metric tons of gold, worth $400 million in last two years as well.

    Currently Iran has no gold blocked abroad, Seif underlined.

    As much as $100 billion of Iranian assets, mostly from oil sales, are reportedly blocked overseas under the international sanctions.

    Tehran has received some part of the blocked assets under the sanctions relief which it was given after the 2013 interim nuclear deal.

    The Islamic Republic will have had nearly $12 billion in assets unfrozen over the course of the nuclear talks by July 7, According to US State Department.

    Negotiators from Iran and the P5 1 are working to reach a comprehensive agreement on the Iranian nuclear program in the Austrian city of Vienna.

    The two sides have agreed to continue talks to strike a final deal by July 7.

    Stay up to date with latest Iran news on our specialized Facebook page

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    18
  • War sgainst Islamic State to be long-term campaign - Obama
    07.07.2015 07:38
    http://cdn.trend.az/pictures/2014/01/29/obama_290114.jpg
    http://cdn.trend.az/pictures/2014/01/29/obama_290114.jpg
    Degrading and destroying the Islamic State in Iraq and Syria will be a long-term campaign using all elements of power, US President Barack Obama said at the Pentagon on Monday.

    The President also stressed that currently they are speeding up the training of the local forces on the ground, including Sunni volunteers.

    "This will not be quick, it is a long-term campaign."

    The US president added that alongside victory there will also be temporary defeats. Volunteers form the Sunni tribes in Iraq can become a new force against the Islamic State, President Barack Obama added.

    "More Sunni volunteers are coming forward. Some have already been trained and they can be a new force against ISIL [Islamic State]."

    The President explained the United States is speeding up the training of local forces on the ground in Iraq, including Sunni volunteers.

    "Meanwhile we continue to ramp up our training and support of local forces that are fighting ISIL [Islamic State] on the ground. As I said before this aspect of our strategy was moving t slowly but the fall of Ramadi has galvanized the Iraqi government."

    The ground war against the Islamic State must be led by local forces in Syria and Iraq with the support of the US-led coalition's air power, US President Barack Obama said.

    "It will take time to root them [Islamic State] out and doing so must be the job from local forces on the ground with training and air support from our coalition."

    Nevertheless, Obama said when the United States has an effective partner on the ground, the ISIL can be defeated.

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    14
  • Ambassador: European Games in Baku were better than 2014 Asian Games
    07.07.2015 06:05
    http://apaholding.az/upload/images/photos/apa_logo.png
    http://apaholding.az/upload/images/photos/apa_logo.png
    Ganja. Azer Mammadli '" APA. ''After the opening ceremony of the first European Games, I admitted that these Games were better than the Asian Games held in Korea last year, said South Korean Ambassador to Azerbaijan Choi Suk-inn during his visit to Ganja.

    The ambassador, who participated in the opening and closing ceremonies of the European Games, said Azerbaijan was well prepared to the event and the Games were organized at the highest level.

    Ambassador Ch.Suk-inn visited Ganja on July 6. The diplomat met with deputy heads of the Ganja city executive authority and was informed about the history and culture of the city. Mentioning that it is his fifth visit to Ganja, the ambassador said he arrived in Ganja to attend the opening of the Korean Film Festival. He added that the festival which started in Ganja will be held in five other districts and cities as well.
    21
  • Saudi Arabia Investment Fund to invest $10bln into projects in Russia
    07.07.2015 04:37
    http://cdn.trend.az/pictures/2013/10/08/100_dollar_081013_01.jpg
    http://cdn.trend.az/pictures/2013/10/08/100_dollar_081013_01.jpg
    The Russian Direct Investment Fund (RDIF) and the Public Investment Fund (PIF) of Saudi Arabia agreed to create a partnership to invest $10 billion into projects implemented in Russia, RDIF head Kirill Dmitriev told RIA Novosti.

    Dmitriev added that $10 billion from PIF is the largest foreign investment to Russia attracted by RDIF. He noted that the first four or five investment deals are expected to be signed in the next 2-3 months. They may attract partners from China, South Korea and United Arab Emirates.

    "We have reached final agreements and are announcing the creation of a partnership with the sovereign fund of Saudi Arabia (PIF), under which PIF will invest $10 billion into projects on Russian territory. These funds are expected to be implemented within 4-5 years. We plan to implement 10 deals with RIF before the end of this year, seven of them are currently in the final stage. RIF expressed interest in investing into agriculture, medicine, retail, logistics, real estate."

    According to Dmitriev, RDIF has also reached an agreement on cooperation with another Saudi sovereign fund, Saudi Arabian General Investment Authority (SAGIA). The sides will search for investment projects in Russia.

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    21
  • Turkey denies link with perpetrator in Kobani attack
    07.07.2015 03:58
    http://cdn.trend.az/pictures/2009/07/16/Turkey_flag_160709.jpg
    http://cdn.trend.az/pictures/2009/07/16/Turkey_flag_160709.jpg
    Turkey has denied claims that a Turkish emergency agency official was involved and killed in a recent terrorist attack in the Syrian town of Kobani, Anadolu Agency reported.

    "In the wake of the most recent terrorist attack on Kobani, a Syrian town near the Turkish border, certain groups claimed that one of the perpetrators killed during the clashes carried an official identification card issued by Turkey's Disaster and Emergency Management Authority (AFAD)," said the Office of Public Diplomacy in a press release Monday.

    The deadly bomb attack in Kobani on June 25 left nearly two dozens of people killed and at least 130 others wounded, sparking a new bout of fighting between Kurdish forces and Daesh after the Kurdish-majority town was overrun by the group last September.

    Four days after the attack, on June 29, the rightful owner of the above-mentioned card - according to the statement - crossed the border into Turkey to identify himself to Turkish authorities.

    It was established upon further review that this person was not one of the attackers who participated in the lethal assault, and therefore the perpetrator killed was not affiliated with the AFAD, the statement said.

    "We strongly urge all parties to refrain from associating the AFAD, a recipient of the prestigious United Nations Public Service award, with terrorist activities," the statement added. "As a member of the international coalition, Turkey refuses to be associated with Daesh and other terrorist organizations."

    Turkey shares an estimated 900-kilometer long border with Syria, with about 13 border crossings. Some on the Syrian side are now under Daesh's control, including Tal Abyad in the Raqqa province.

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    13
  • Iran, IAEA to resolve remaining issues
    07.07.2015 02:18
    http://cdn.trend.az/pictures/2013/01/12/iran_iaea_120113_1.jpg
    http://cdn.trend.az/pictures/2013/01/12/iran_iaea_120113_1.jpg
    Spokesman of the Atomic Energy Organization of Iran underlined Iran and the International Atomic Energy Agency (IAEA) have achieved general understanding on the timetable and joint cooperation which is an important step in resolving the remaining issue, IRNA reported.

    "Iran and the IAEA has taken an important stride in resolving the remaining issues by achieving a general understanding on timetable of joint cooperation," Behrouz Kamalvandi said at the end of the visit of the IAEA delegation to Iran.

    "The visit of the IAEA delegation to Iran just few days after IAEA Director General Yukiya Amano's visit to the country shows strong will of the two sides to effectively boost their cooperation," he added.

    Kamalvandi noted that the understanding achieved during the visit of IAEA's expert delegation to Iran which is all within national interests' framework and safety considerations based on the Islamic Republic's redlines will facilitate technical interaction between Iran and the IAEA.

    The AEOI spokesman expressed the hope that the constructive cooperation between Iran and the IAEA would continue in the future, and voiced Islamic Republic of Iran's readiness to continue mutual cooperation with the UN nuclear watchdog within the framework of the general regulations of the international body.

    The IAEA's team of experts who arrived in Tehran on Sunday morning left the Iranian capital early hours of Tuesday.

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    20
  • Iran to make air ambulance
    07.07.2015 01:17
    http://cdn.trend.az/pictures/2014/01/14/medical_helicopter_140114.jpg
    http://cdn.trend.az/pictures/2014/01/14/medical_helicopter_140114.jpg
    Head of Iran's Aerospace Research Institute recounted the projects of the air department of the office, IRNA reported.

    Fathollah Ommi, Head of Iran's Aerospace Research Institute broke the news of reviving the air department of the institute after some years of inactivity, MNA said.

    Designing and manufacturing air ambulances is one of the first steps to be taken, Ommi said adding that transporting injured or sick people in a medical emergency is difficult in metropolises as the streets are heavily congested and roads sometimes are packed with travelers.

    Also amphibious aircraft is another project of the institute to make it possible for rescue teams to take off and land on both land and water, According to the head of the Institute.

    The other project to be undertaken in the institute is designing drones of different purposes to help guarding the borders, extinguishing fires, patrolling sea territories, protecting environment, and rescuing the disaster-stricken people.

    He said that the institute supervises the designing and manufacturing the drones using the experience of researchers and forming a consortium with universities.

    About the six-seat air taxi under work in the research institute, Ommi promised the completion in less than two years.

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    18
  • Source: Iran-G5 1 differences serious, deputy FMs to continue
    07.07.2015 00:11
    http://cdn.trend.az/pictures/2013/10/17/p5 1_171013.jpg
    http://cdn.trend.az/pictures/2013/10/17/p5 1_171013.jpg
    A source privy to Iran's negotiating team in Vienna said that there are still serious difference between Tehran and the G5 1, but noted that the two sides are seriously determined to resolve the remaining problems, IRNA reported.

    The source, speaking on condition of anonymity due to the sensitivity of the ongoing nuclear talks, said that the negotiations on Monday showed the differences are serious, but the representatives of the seven countries taking part in the negotiations are doing their best to resolve the remaining issues.

    The meeting between Iranian and G5 1 foreign ministers attended by their deputies today was the first since March.

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    18
  • Tsipras must make 'serious' proposals to resolve debt crisis '" Hollande
    06.07.2015 23:04
    http://cdn.trend.az/pictures/2014/01/29/hollande_290114.jpg
    http://cdn.trend.az/pictures/2014/01/29/hollande_290114.jpg
    French and German authorities expect Greek Prime Minister Alexis Tsipras' government to make new and serious proposals to solve Greece's debt crisis, French President Francois Hollande said Monday.

    Hollande said at a joint press conference with German Chancellor Angela Merkel:

    "The door remains open for discussion, now Alexis Tsipras' government must make serious and credible suggestions."

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    16
  • IMF says ready to help Greece
    06.07.2015 21:38
    http://cdn.trend.az/pictures/2013/03/16/Christine_Lagarde_16032013.jpg
    http://cdn.trend.az/pictures/2013/03/16/Christine_Lagarde_16032013.jpg
    The International Monetary Fund said on Monday it was monitoring the situation in Greece and was ready to lend a hand if asked following a referendum that rejected the bailout conditions of international creditors, Reuters reported.

    "The IMF has taken note of yesterday's referendum held in Greece," IMF Managing Director Christine Lagarde said in a statement. "We are monitoring the situation closely and stand ready to assist Greece if requested to do so."

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    27
  • Will Turkey give up its own interests for sake of EU?
    06.07.2015 21:04
    http://cdn.trend.az/pictures/2012/12/14/Turkey_EU_flags_141212.jpg
    http://cdn.trend.az/pictures/2012/12/14/Turkey_EU_flags_141212.jpg
    Baku, Azerbaijan, July 6

    By Rufiz Hafizoglu - Trend:

    The Turkish authorities state that joining the EU means the achievement of democratic and living standards for Ankara. But this is not so.

    At present, Turkey's format is to conduct an independent policy in the region and its own domestic economic policy. It is clear that Ankara will not be allowed to join the EU in such a format.

    The Turkish authorities are well aware of this.

    Turkey's joining the EU does not mean that Ankara will receive the maximum benefit. In fact, vice versa. If Ankara expects anything in relations with the EU, the EU will also dictate its terms in case of Turkey's joining this organization. And there is no doubt that in case of Turkey's joining the EU, Ankara will be obliged to change its attitude about the events of 1915 and not this only.

    Turkey's membership in the EU also means the refusal from the independent policy in the region. That is, Turkey may lose its status of a regional leader.

    Moreover, to join any union means to give up its own interests for the sake of the interests of the union.

    At present, Turkey's single goal is to become an economic and political center of the region. All efforts of the Justice and Development Party have been made in this direction since 2003.

    For example, the country paid off its debts to the International Monetary Fund in May 2013.

    Turkey had $23 billion worth of debts in 2002. After Ankara paid off its debts to the International Monetary Fund, Turkish authorities expressed readiness to allocate a loan to the IMF that clearly shows Ankara's preeminence over some countries that are EU members and are not still able to pay off their debts to the IMF.

    Earlier, Turkish authorities expressed readiness to make a $5 billion loan to IMF.

    The first "contract" between Turkey and IMF was signed in 1947 during the office of President Ismet Inonu.

    The more success Turkey achieved in economic and political spheres, the more its relations with the EU was changing. Previously, Ankara regarded the EU as the center of democratic values and the supremacy of human rights, however, the developments in the region, in particular, in Syria and Egypt changed Ankara's views of the EU.

    That's to say, currently, the EU is nothing but a "club of hypocrites" for Ankara, according to Turkey's president.

    One can say that no matter how the EU officials mention the importance of Turkey for the union, Ankara doesn't aspire to the EU anymore, especially against the background of the economic crisis in Greece, the historical, political and economic rival of Turkey.

    It is worth noting that Turkey has already given a helping hand of support to Athens.

    Against the background of the recent events, Turkish authorities declared their readiness to provide financial support to Greece. Finance Minister Mehmet Simsek said that the ministry is waiting for the prime minister Ahmet Davutoglu's order to provide financial support to Greece. Simsek said that Turkey has the opportunity to provide financial support to Greece.

    The case is that no matter how Turkey tries to provide financial support to Athens, it won't help to pull the country out of debts.

    Given the crisis in Greece, the EU's attitude towards Turkey's principal geopolitical interests, including the 1915 events, Ankara is unlikely to sacrifice its interests for the EU's sake.

    edited by CN

    ---

    Rufiz Hafizoglu is the head of Trend Agency's Arabic news service, follow him on Twitter: @rhafizoglu

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    14
  • Turkmenistan improves employment
    06.07.2015 20:51
    http://cdn.trend.az/pictures/2014/08/16/no_image_found.jpg
    http://cdn.trend.az/pictures/2014/08/16/no_image_found.jpg
    Ashgabat, Turkmenistan, July 6

    By Huseyn Hasanov- Trend:

    Turkmenistan has adopted a program on improving the employment and creating new jobs for 2015-2020 and the action plan for its implementation, the Neutral Turkmenistan newspaper reported July 6.

    The employment depends on the socio-economic development, the article said.

    "The establishment of industrial-innovative facilities is among the priorities," the article said. "Their products can be competitive on the global market. The real income of the Turkmen people must be increased in the social development area by ensuring maximum employment of the working population."

    The program was worked out given the current state of the labor market and the prospects for economic development of Turkmenistan in accordance with national programs of the state-level and regional, the city of Ashgabat, economic sectors.

    It is also stressed that the main line is to improve the procedure of rendering the employment services.

    "The implementation of the program and action plan allows the situation on the domestic labor market to remain stable, predictable and manageable over the planned period," the article says.

    Edited by CN

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    11
  • One person killed in shooting in center of Yerevan
    06.07.2015 20:48
    http://cdn.trend.az/pictures/2010/03/13/killing.jpg
    http://cdn.trend.az/pictures/2010/03/13/killing.jpg
    Baku, Azerbaijan, July 6

    Trend:

    The shooting occurred in the center of Yerevan, the Armenian media reported July 6.

    The police received the information about the incident at 13:20 (UTC/GMT 4 hours). Fifty-six-year-old Vaginak Asoyan died from gunshot wounds.

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    10
  • Chatham House: We respect Azerbaijanв's sovereignty and independence
    06.07.2015 20:47
    http://apaholding.az/upload/images/photos/apa_logo.png
    http://apaholding.az/upload/images/photos/apa_logo.png
    British Institute announced that limited number of experts will join the meeting with Boko Saakyan and the event does not serve promotion of separatism

    Baku. Malahat Najafova - APA. Chatham House, the Royal Institute of International Affairs, has replied to protest of the Azerbaijani Embassy in Great Britain over the planned speech of head of the separatist regime in the Nagorno Karabakh Bako Sahakyan at the Institute.

    Azerbaijani Ministry of Foreign Affairs told APA that according to the letter of reply sent to the Embassy by Chatham House - the Royal Institute of International Affairs, such meeting does not mean approval or recognition of Nagorno Karabakh's position. The Institute says it understands Azerbaijan's concern over Sahakyan's visit and respects its sovereignty and independence.

    The letter also says that the meeting is not a public event and will not be attended by media representatives, will be organized under the rules of the Institute and only limited number of experts will join the meeting, and the event does not serve promotion of separatism. Even the announcement on the website of Chatham House has been removed.

    Speech of the head of the separatist regime in the Nagorno Karabakh Bako Sahakyan is planned to be made on July 8, 2015.
    9
  • Short-circuit caused explosion at plant in Azerbaijan
    06.07.2015 20:46
    http://cdn.trend.az/pictures/2014/11/28/mudafie_senayesi_nazirliyi_281114.jpg
    http://cdn.trend.az/pictures/2014/11/28/mudafie_senayesi_nazirliyi_281114.jpg
    Baku, Azerbaijan, July 6

    Trend:

    The short circuit caused the explosion at the plant of the Azerbaijani Ministry of Defense Industry in the city of Shirvan, the ministry said July 6.

    The short circuit occurred in one of the workshops of the Telemekhanika plant of the ministry, which caused a fire at 11:30 (UTC/GMT 4 hours) July 6. As a result of the fire, an explosion occurred, the statement said.

    The blast killed one person, 19 were hospitalized. Some 13 of them have already been discharged home. The rest injured are being treated.

    The Telemekhanika plant started working in 1981 under the name of the Plant of devices. An industrial automation and telemechanics plant was built near it in 1985. These enterprises were merged under the name of the Industrial automation and telemechanics plant in 1989.

    The Telemekhanika production association was established on its base in 1991.

    The Telemekhanika production association has begun its activity under the State Committee for Special Engineering and Conversion of the Azerbaijan Republic since 1993.

    The Telemekhanika production association has been renamed into the Telemekhanika plant since September 2006. It continues its activity under the Azerbaijani Ministry of Defense Industry.

    Edited by CN

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  • Construction of Turkish Stream first branch - matter of time
    06.07.2015 20:46
    http://cdn.trend.az/pictures/2015/03/05/trubi_050315.jpg
    http://cdn.trend.az/pictures/2015/03/05/trubi_050315.jpg
    Baku, Azerbaijan, July 6

    By Aygun Badalova - Trend:

    The construction of the first branch of the Turkish Stream gas pipeline, which will stretch through the bottom of the Black Sea to the coast of Turkey, is a matter of time, Sergey Pravosudov, director of the Russian National Energy Institute, told Trend.

    "Three-quarters of this route will be constructed as part of the permission received for the construction of the previously canceled South Stream pipeline," he said. "There are no problems at this stage."

    The only issue left is the end of the route in the territorial waters of Turkey, which also requires permission.

    The offshore section of the "Turkish Stream" pipeline will consist of four parallel branches of the gas pipelines with a length over 900 kilometers, passing through the Black Sea. The offshore gas pipeline will begin near the city of Anapa in Russia and will reach the Turkish coast 100 kilometers west of Istanbul, near the settlement of KД±yД±koy. Then an onshore gas pipeline will be built. It will connect the offshore section with the existing gas transportation system of Turkey near the city of Lüleburgaz and from there it will reach its end point near the city of Д°psala.

    Previously, Turkey gave permission for an engineering survey of the Turkish Stream offshore section. The document envisages the survey of the first branch of the gas pipeline in the exclusive economic zone and the territorial waters of Turkey. However, Turkey has not given its permission for construction yet.

    Pravosudov believes that this permission can be obtained after launching the construction work.

    "The construction can be started now upon the existing permissions," he said. "Then it is possible to gradually achieve an agreement with Turkey about reaching its banks."

    "The matter can rest only in postponement," he said. "But I think it will not be very long because it is in nobody's interests."

    Earlier it was reported that the construction of the Turkish Stream gas pipeline can be delayed due to disagreements between the sides regarding the cost of the supplied gas. A six-month period, during which Gazprom and Turkish Botas had to reach an agreement on gas prices, ended in late June. It is reported that concluding of an agreement can be delayed at least until October.

    However, later it was reported that the pipe-lay vessel of the Italian Saipem - Castoro sei company headed to the Russian shores of the Black Sea to prepare for the construction of the offshore section of the Turkish Stream.

    The first pipe will be laid till late 2016, a representative of South Stream Transport BV company, working out a pipeline project, told Trend earlier.

    Edited by CN

    ---

    Aygun Badalova is Trend Agency's staff journalist, follow her on Twitter: @AygunBadalova

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  • Airstrike hits market north of Yemen's Aden, over 45 killed
    06.07.2015 20:37
    http://cdn.trend.az/pictures/2015/07/06/yemen_airstrike_060715.jpg
    http://cdn.trend.az/pictures/2015/07/06/yemen_airstrike_060715.jpg
    A massive airstrike by the Saudi-led coalition targeting rebels hit a local marketplace in Yemen, killing over 45 civilians on Monday, security officials and eyewitnesses said, AP reported.

    More than 50 civilians were also wounded in the strike in Fayoush, a suburb just north of the southern port city of Aden, the officials said, speaking on condition of anonymity because they were not authorized to release the information otherwise.

    "I came right after the explosion and saw dozens of dead strewn about and a sea of blood, while the wounded were being evacuated to nearby hospitals," resident Abu-Ali al-Azibi said. "(There was) blood from people mixed with that of the sheep and other livestock at the market."

    The officials, who said they do not identify with either the rebels, known as Houthis, nor the camp of the exiled president, said Saudi-led airstrikes against the rebels continued across the country, with nine provinces and the capital hit.

    The fighting in Yemen pits the Houthis and troops loyal to former President Ali Abdullah Saleh against southern separatists, local and tribal militias, Sunni Islamic militants and loyalists of President Abed Rabbo Mansour Hadi, who is now based in Saudi Arabia. The rebels seized the capital, Sanaa, in September. In March, a Saudi-led and U.S.-backed coalition began launching airstrikes against the rebels and their allies.

    The conflict has left 20 million Yemenis without access to safe drinking water and uprooted over one million people from their homes, the United Nations said. Last Wednesday, it declared its highest-level humanitarian emergency in the country, where over 80 percent of the population needs assistance.

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  • Russian opera singer to be included in list of undesirable people of Azerbaijani foreign ministry
    06.07.2015 20:33
    http://cdn.trend.az/pictures/2015/02/06/trend_mid_azerbaijan_main.jpg
    http://cdn.trend.az/pictures/2015/02/06/trend_mid_azerbaijan_main.jpg
    Baku, Azerbaijan, July 6

    Trend:

    Russian opera singer Ljubov Kazarnovskaya violated the law on "State border of Azerbaijan", spokesman for the Azerbaijani foreign ministry Hikmat Hajiyev told Trend July 6.

    "Kazarnovskaya illegally paid a visit to the territory of Azerbaijan occupied by Armenia," he said. "Her name will be included in a list of undesirable people of the Azerbaijani foreign ministry."

    Story still developing

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  • OSCE MG Co-Chairs discuss Nagorno-Karabakh conflict in Washington
    06.07.2015 20:31
    http://www.today.az/pictures/pic142019.jpg
    http://www.today.az/pictures/pic142019.jpg
    The OSCE Minsk Group Co-Chairs from the US (James Warlick), France (Pierre Andrieu) and Russia (Igor Popov) are in Washington, Warlick tweeted July 6.

    The Co-Chairs will hold meetings at the US Defense Ministry and the National Security Council to discuss Nagorno-Karabakh peaceful settlement, the diplomat said.

    The conflict between the two South Caucasus countries began in 1988 when Armenia made territorial claims against Azerbaijan. As a result of the ensuing war, in 1992 Armenian armed forces occupied 20 percent of Azerbaijan, including the Nagorno-Karabakh region and seven surrounding districts.

    The two countries signed a ceasefire agreement in 1994. The co-chairs of the OSCE Minsk Group, Russia, France and the US are currently holding peace negotiations. Armenia has not yet implemented the UN Security Council's four resolutions on the liberation of the Nagorno-Karabakh and the surrounding regions.

    /By
    8
  • Armed men commit attack on Kapital bank
    06.07.2015 20:23
    http://apaholding.az/upload/images/photos/apa_logo.png
    http://apaholding.az/upload/images/photos/apa_logo.png
    The security guard was shot and stabbed

    Baku. Mahir Mammadov, APA reports. A group of armed persons committed an armed attack on the Absheron branch of "Kapital Bank" OJSC. Armed men entered the bank, stabbed a security guard and then shot him with a pistol, APA reports. Guard Asadov Vugar Vahid was hospitalized with gunshot and knife wounds.

    The criminals did not take anything from the bank and escaped from the scene.

    One of the attackers was identified immediately and arrested. His name has not been disclosed but it known that he works as a collector for this branch of the bank.

    The police have immediately arrived the sceneand are conducting investigation on the fact.
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  • Trading volume increases on Kazakhstan Stock Exchange
    06.07.2015 20:03
    http://cdn.trend.az/pictures/2013/01/15/stock_birja_150113_3.jpg
    http://cdn.trend.az/pictures/2013/01/15/stock_birja_150113_3.jpg
    Baku, Azerbaijan, July 6

    By Elena Kosolapova - Trend:

    The trading volume on the Kazakhstan Stock Exchange (KASE) in all sectors of the market amounted to 47.741 trillion tenge ($ 257.989 billion) in January-June 2015 and increased by 2.4 times (2.3 times in dollars) compared to the corresponding period of 2014, KASE said.

    The trading volume increased by 77.9 percent (by 74.9 percent in dollars) compared to the previous six-month period (July-December 2014).

    The volume of foreign currency trading on KASE, including currency swap transactions in the first half of the year amounted to 36.335 trillion tenge ($196.361 billion) and increased by 2.5 times (2.4 times in dollars) compared to the corresponding period of 2014.

    The volume of trading in state securities on KASE during this period amounted to 290.6 billion tenge ($1.574 billion) and decreased by 35 percent (37.6 percent in dollars) compared to the corresponding period of 2014.

    The trading volume on KASE amounted to 48.9 billion tenge ($263.3 million) in January-June 2015 and increased by 126 percent (113.7 percent in dollars) compared to the corresponding period of 2014.

    The volume of trading in corporate bonds during this period amounted to 451.8 billion tenge ($2.435 billion) and increased by 5.7 times (5.3 times in dollars) compared to the corresponding period of 2014.

    The trading volume on the repo transaction market on KASE amounted to

    10.614 trillion tenge ($57.355 billion) in January-June 2015 and increased by 2.2 times (2.1 times in dollars) compared to the same period of last year.

    Edited by CN

    follow the author on Twitter:@E_Kosolapova

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  • OSCE MG Co-Chairs discuss Nagorno-Karabakh conflict in Washington
    06.07.2015 19:44
    http://cdn.trend.az/pictures/2015/02/07/trend_osce_flags_240511.jpg
    http://cdn.trend.az/pictures/2015/02/07/trend_osce_flags_240511.jpg
    Baku, Azerbaijan, July 6

    By Anakhanum Khidayatova - Trend:

    The OSCE Minsk Group Co-Chairs from the US (James Warlick), France (Pierre Andrieu) and Russia (Igor Popov) are in Washington, Warlick tweeted July 6.

    The Co-Chairs will hold meetings at the US Defense Ministry and the National Security Council to discuss Nagorno-Karabakh peaceful settlement, the diplomat said.

    The conflict between the two South Caucasus countries began in 1988 when Armenia made territorial claims against Azerbaijan. As a result of the ensuing war, in 1992 Armenian armed forces occupied 20 percent of Azerbaijan, including the Nagorno-Karabakh region and seven surrounding districts.

    The two countries signed a ceasefire agreement in 1994. The co-chairs of the OSCE Minsk Group, Russia, France and the US are currently holding peace negotiations. Armenia has not yet implemented the UN Security Council's four resolutions on the liberation of the Nagorno-Karabakh and the surrounding regions.

    follow the author on Twitter: @Anahanum

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    10
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