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In Iceland, Court Says a Girl Can Finally Use Her Name
01.02.2013 09:29
A 15-year-old girl has been granted the right to legally use the name given to her by her mother, despite the opposition of the authorities and Iceland's strict law on names. The Reykjavik District Court ruled Thursday that the first name of the girl, Blaer Bjarkardottir, could be used as a girl's name, overturning a decision by officials who declared that Blaer, which means light breeze, was not a proper feminine name. Like a few other countries, Iceland has official rules about what a baby can be named. Before the court's ruling, Blaer had been identified simply as "Girl" in communications with officials.
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  • Nothing being said on fate of thousands of war victims '" Azerbaijani official
    07.10.2015 15:38
    Baku, Azerbaijan, Oct. 7Trend:Novruz Mammadov, deputy head of Azerbaijani presidential administration, chief of the administration's foreign relations department, has noted that there is nothing said about the fate of thousands of war victims."I wonder why those countless international instituti...
  • Azerbaijan to pay for its share in AIIB in 2016 '" minister
    07.10.2015 15:38
    Baku, Azerbaijan, Oct. 7By Azad Hasanli - Trend:Azerbaijan will pay for its participation in the capital of the Asian Infrastructure Investment Bank (AIIB) in 2016, Azerbaijani Finance Minister Samir Sharifov told reporters Oct.7."Azerbaijan must pay $50 million for its share," he said, adding that ...
  • EIA reveals oil prices forecasts
    07.10.2015 15:16
    Baku, Azerbaijan, Oct. 7By Aygun Badalova - Trend:Brent crude oil prices will average $54 a barrel in 2015 and $59 a barrel in 2016 while West Texas Intermediate (WTI) crude oil prices will average $50 a barrel and $54 a barrel this and the next year respectively, according to the U.S. Energy Inform...
  • Fed is indecisive, incoherent and driven by the consensus narrative
    07.10.2015 14:48
    By Steen Jakobsen, Saxo Bank's Chief EconomistThere is a firm believe among current and former Fed officials that a 2016 hike is still on the table, but it's also clear that Fed and its staff are lost, totally lost, as to where the economy is going, what the strong US dollar means in the med...
  • SOCAR establishes new company in Azerbaijan
    07.10.2015 14:19
    Baku, Azerbaijan, Oct. 7By Maksim Tsurkov - Trend:The SOCAR (State Oil Company of Azerbaijan) has registered SOCAR Dalgic LLC subsidiary service company in the ministry of taxes of Azerbaijan, the Azerbaijani lsquo;Vergiler' newspaper said.Agalar Ibrahimov has been appointed the legal representa...
  • Azerbaijani company to invest over $60M in Tatarstan
    07.10.2015 12:57
    Baku, Azerbaijan, Oct. 7By Anvar Mammadov - Trend:A ceremony devoted to the beginning of realization of the investment project to build a plant for the production of juices and the logistics center of the Benkons Group Azerbaijani company will be held October 7 in Laishevskiy municipal region of Tat...
  • Popularity of foreign currency deposits growing in Kazakhstan
    07.10.2015 11:48
    Baku, Azerbaijan, Oct. 7By Elena Kosolapova - Trend:The share of foreign currency deposits increased from 73.2 percent to 78.1 percent in Kazakhstan at the end of August, the analytical service said Oct.7."The total portfolio of fixed-term and conditional deposits of natural persons amoun...
  • Australian company intends to build concentrating mill in Kazakhstan
    07.10.2015 11:47
    Baku, Azerbaijan, Oct. 6By Elena Kosolapova - Trend:Iluka Resourses, Australian mining company, will conduct geological exploration in Kazakhstan's promising areas with the following construction of a mine and a concentrating mill, Kazgeology company of Kazakhstan said."The aim of the work is to...
  • Azerbaijan, Korea: good ground to develop cooperation
    07.10.2015 11:38
    Deputy Prime Minister, Chairman of the State Committee for Refugee and IDP Affairs, Chairman of the Republican Commission for International Humanitarian Assistance Ali Hasanov has met the Ambassador of the Republic of Korea to Azerbaijan, Choi Suk-inn.During the meeting, the sides held extensive dis...
  • Azerbaijani gas supplies to Europe to begin in 2022-2025 '" GECF
    07.10.2015 11:18
    Azerbaijani gas supplies to Europe will begin in 2022-2025, Secretary General of the Gas Exporting Countries Forum (GECF) Seyed Mohammed Hossein Adeli said in an interview with the "Izvestiya" Russian newspaper.He said that Azerbaijani gas supplies to the EU will begin no earlier than in 2022-2025, ...
  • Azerbaijan, Iran intend to launch new cargo route
    07.10.2015 17:29
    /By AzerNews/

    By Sara Rajabova

    Azerbaijani-Iranian working group on the analysis of the current situation and the coordination of positions on the North-South railway project will consider the option of a new route of freight traffic within the project.

    Abbas Nazari, the head of the international transport department of Iranian State Railway, toldTrendВ that discussions on a new cargo route will be one of the important tasks of the working group.

    ''Currently a railway from the Persian Gulf to the port of Amirabad on the Caspian Sea operates in Iran. Trains will be put across on the ferry to the Baku port from there and then they will be sent to Russia and Georgia again by railway,'' the Iranian official said.

    He noted that this route was agreed at the level of heads of railways of Iran and Azerbaijan.

    ''The Working group should discuss and analyze technical issues in the implementation of such a route. Every year, over 4,000 trucks run between Azerbaijan and Iran and the opening of this corridor will turn Azerbaijan and Iran to important transit countries for Russia, Georgia, the Gulf States and India,'' Nazari said.

    The North-South railway project connects northern Europe to the south-east Asia. It will serve as a bridge connecting the railways of Iran, Azerbaijan and Russia.

    This project involves the construction of border railway bridge between Iranian and Azerbaijani Astara and laying of branches stretching eight kilometers through the Azerbaijani territory.

    Under the preliminary estimates, railwayв's carrying capacity will make 1.4 million passengers and five to seven million tonnes of cargo a year. Throughout the railway will be constructed 22 tunnels and 15 bridges.
  • National artist's "Pomegranate" travels to New York
    07.10.2015 17:29
    /By AzerNews/

    By Amina Nazarli

    The picture entitled ''Pomegranate'' by Azerbaijani artist Vugar Muradov will be featured at the "International Art Festival 2015" exhibition.The event which is the first in a series of curated art exhibitions will be held in New Yorkв's Highline Loft Gallery from November 5 to 8.Many outstanding artists and art galleries from more than 50 countries will put their artworks on display.

    During the past four years, International Art Festival, has sponsored annual competitions and sales exhibitions of work by leading figures among emerging contemporary artists.

    The events took place at venues in prime New York City and New York area locations, and generated a warm response and great excitement among trend-setting members of the New York community who support and patronize contemporary artists.

    Muradov was born in Baku in 1967. He graduated from the Azim Azimzade State Art School in 1986. He is a member of the Artists Union, Caricaturists Union and the Azerbaijan Photographers Association.

    His pictures are well known not only in Azerbaijan, but far beyond its borders. He participated at the international exhibitions in Russia, the U.S., Turkey, Italy, France, Germany, Denmark, Belgium, Luxemburg, Iran and etc.

    Muradovв's pictures are exhibited at Solomon R. Guggenheim Museum in Washington, MoMA The Museum of Modern Art, Central and Eastern European Art Foundation and others.
  • Iranв's anti-Saudi remarks not related to regional development
    07.10.2015 17:28
    Tehran, Iran, Oct. 6

    By Mehdi Sepahvand -- Trend:

    A political expert says recent anti-Saudi statements by Iranian officials concern only the Saudi government's negligence that caused a stampede tragedy on Sept. 24 and are not related to regional political developments.

    "After all, some 500 Iranians were killed due to negligence and Iran has to somehow defend their dignity," Ali Khorram told Trend Oct. 6.

    After the stampede, which killed hundreds of pilgrims who had gathered in Mecca from across the world to perform the Hajj ritual, Iranian authorities have been directing a heavy barrage of threats at the Saudi Arabia.

    Supreme Leader Ayatollah Ali Khamenei said following the incident that Saudi Arabia would meet a harsh response if not respecting Iran and the Iranian pilgrims.

    Riyadh, however, aggravated the situation by first refusing to take responsibility for the case, then refraining from sending the bodies of the dead to their countries or even allowing officials from their countries to visit and identify the bodies.

    Commander of Iran 's Army Ground Force highlighted the country's military preparedness to show a tough and crushing reaction to Saudi Arabia after its mishandling of the incident.

    Tehran has also called on Islamic countries to take the Hajj out of Saudi hands and hold it through a joint committee from this year on.

    Khorram, however, pointed out that after Saudi Arabia yielded to heavy demand and sent the bodies to Iran, Tehran 's indignation subsided.

    The expert said Saudi's efforts as a rival to Iran to show a bolder role in regional issues such as developments in Syria and Yemen have had no impact on the Hajj case. "Those are political issues, but this is one would not have happened if it had been handled more properly," he said.

    Edited by CN

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  • Bakcell to expand its LTE coverage in Q1 2016
    07.10.2015 17:18
    Baku, Azerbaijan, Oct.7


    Bakcell, The First Mobile Operator and The Leading Mobile Internet Provider of Azerbaijan, is pleased to announce its significant 4G network expansion plans.

    In accordance with the decision of the Board of Directors on September 30, by Q1 2016, Bakcell's super-fast LTE service will cover a whole territory of Absheron peninsula. Thus, the existing LTE coverage will increase by 2.5 times by the Q1 of the next year and geographic coverage will reach 98.75% of Absheron. In figures in means that, Bakcell will install additional 600 4G base stations during the next 6 months and by this total number of LTE base stations in Absheron will reach to over 1000 and will significantly outnumber its competitors. The preparation and installation works has already been started and will be finalized before the end of Q1 2016. Bakcell will continue the development of its smartphone-ready LTE network.

    With 400 base stations Bakcell is now the best and largest 4G operator of Azerbaijan. Bakcell's 4G network covers 90% population of Baku and with this expansion will cover 98.75% of all Absheron.

    "Bakcell is able to rollout its network expansion faster than anyone else because now we have the largest cellular network in the country and significant internet capacity to meet the growing demands of our customers. The number of our mobile data users including 4G subscribers is growing rapidly, the number of 4G subscribers is doubled in a quarter. We are investing in LTE which will continue to make us the largest 4G operator and to stimulate development of the mobile industry in Azerbaijan. Bakcell is focused on developing its 4G LTE network to meet the specific demands of smartphone customers who require wider area coverage as well as the high speeds of internet access delivered by 4G LTE", says Mr. Richard Shearer, Chief Executive Officer of Bakcell.

    According to several independent network quality benchmarking surveys conducted across the territory of Azerbaijan in 2015, with more than 5300 base stations, Bakcell holds superior position in terms of network quality and application of new technologies on the market.

    "We believe 4G expansions will be as successful as our 3G network development which brought us leadership of wireless data services. During a short period of time, Bakcell was able to provide 3G service in all regions of Azerbaijan. Today, along with 4G expansion we continue to build additional 3G stations across the country. Our 3G coverage has expanded by 50% in two years, and covers 93% of population. Since the launch of Bakcell's 4G LTE services we have observed two main directions in user behaviour. Bakcell 4G subscribers use on average two times more with 10 times higher speed mobile data and customer satisfaction within those customers who started using 4G has increased significantly", says Mr. Yigit Berktash, Chief Technical Officer of Bakcell.

    Following by expansion of 4G LTE services to the whole territory of Absheron peninsula, Bakcell is planning to review rollout of 4G to other regions of Azerbaijan.

    Bakcell, The First Mobile Operator and the Leading Mobile Internet Provider of Azerbaijan, offers a variety of products for modern mobile communications customers. Bakcell provides class leading 3G and 4G 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.

    With more than 5300 base stations Bakcell's network covers more than 99% of the population and 93% 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. Bakcell 3G service is available in all regions and covers 93% of population. Around 250 retail outlets and 26 Customer Service Centers operating in the capital and regions are providing the best customer experience to Bakcell customers.

    Following the success of 3G Sür@, the best mobile internet experience during last 4 years, Bakcell has announced the commercial launch of its 4G LTE service, on May 5, 2015, under the 4-cü Sür@ brand name. 4-cü Sür@ provides an essential increase in mobile data speeds and is designed especially for the users, who want to be mobile and have broadband internet everywhere.

    For more information about Bakcell products and services, please visit or call 555.For press releases please see (or 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

  • Over 2.4mln tonnes of Azerbaijani oil exported by BTC
    07.10.2015 17:09
    In September 2015 BTC export pipeline transported 2,440,509 tonnes of oil, sources in SOCAR report.

    The company slightly reduced the volume of oil transported via BTC in nine months of this year.

    Thus in 9 months of 2015 the pipeline exported 21,598,171 tonnes of oil, which is a drop of 1.2% over the same period of the last year.

    "In general, BTC has transported 285,422,868 tonnes of oil since the pipeline commissioning until October 1, 2015," SOCAR reports.

    In addition, in September 2015 BTC transported 359,902 tonnes of oil from Kazakhstan and Turkmenistan.
  • State revenues in Armenia vanishing
    07.10.2015 17:00
    /By AzerNews/

    By Laman Sadigova

    State revenues in Armenia continue to decline, driven by the dynamics of internal volume of trade in the country.

    The domestic turnover decreased by 5.4 percent in January-August 2015 compared to the same period of last year, according to the National Statistical Service.

    The decline in the domestic trade began in January 2015, when the Armenian economy showed the first signs of recession. It mostly affected retail trade, falling roughly 6.8 percent, amounting to about 828.6 billion drams.

    A decrease in the solvency of the population is also evidenced by imports, which show a clear downward trend from the beginning of the year. According to the NSS, the volume of imports to Armenia in January-August amounted to about $ 20,741 million, less than 26.3 percent compared to the same period in 2014.

    This situation is caused by the deterioration of the economy in the country, mainly due to internal instability and external crises.

    Experts are pessimistic about the solvency problem facing the population and not see any growth in the economy. According to economist Artak Manukyan, the economic situation will not change for the better till the end of 2015.

    Local press reports that a future devaluation is predicted to bring the currency to 600 drams to the dollar. One of the reasons for such drastic declines is a result of the economic situation in Russia, which remains one of Armeniaв's major trading partners.

    The situation is also getting worse because of the blockade from neighboring countries that Armenia created by occupying 20 percent of Azerbaijanв's internationally recognized territories. By spending large amounts of money on military needs, this post-Soviet country completely destroyed its already weak economy.
  • Baku gears up to host cycle race
    07.10.2015 16:49
    /By AzerNews/

    By Amina Nazarli

    Baku is going to host an interesting event -- ''Get to know yourself and world on two wheels'' cycle race scheduled for October 11.

    The cycle race will start at 8:30 from the Flag Square and run along the number of attractions, including the State Historical-Architectural Reserve "Icherisheher", and finis at 11:00 at the Baku Boulevard Hotel.

    Organized by the DAIR Azerbaijan Hotels and Restaurants Association, ''CycleMania'' cycling movement and the ''Baku Guide'', the race is aimed to support and promote cycling in particular tourism cycling, as an indicator of a healthy and active lifestyle, as well as to explore the historical and architectural monuments and other tourist sites of the city.

    The organizers urge all to support them in developing the cycling, motivating tourists, providing them with special conditions and service, both for themselves and for the vehicle. ''We offer discounts and conditions for parking of bicycles, and even offer bicycles rent,'' the organizers said.

    The event will only start a large-scale project that will take place in regions of the country.

    The Azerbaijan Cycling Federation, ?ntourist Hotel Baku, and the Baku Boulevard Hotel are the partners of the cycle race.

  • Chinese oil sector servicing company registered in Azerbaijan
    07.10.2015 16:48
    Baku, Azerbaijan, Oct. 7

    By Maksim Tsurkov - Trend:

    China Petroleum Technology and Development Corporation has been registered in Azerbaijan.

    The company renders services in the supply of oil and gas hardware and materials.

    The Vergiler newspaper of Azerbaijani Taxes Ministry said Oct. 7 that the company passed the registration through the ministry's "single window" system on Sept. 23.

    The company's registered address in Azerbaijan is: 88 Nasibbey Yusifbeyli Street, Nasimi District, Baku, Azerbaijan.

    China Petroleum Technology and Development Corporation was created in 1987 and is a subsidiary of the China National Petroleum Corporation.

    Follow us on Twitter @
  • "Telescope" to be performed on Bakuв's stage
    07.10.2015 16:39
    /By AzerNews/

    By Laman Sadigova

    The "Telescope" based on the play of writer Elchin staged by People's Artist Irana Tagizade will be performed on the stage of Azerbaijan State Russian Drama Theatre on October 8.

    The hero of the story is a man who has a clinical death during which he appears between heaven and earth, and must decide either back to life, or to disappear in the eternity.

    His first wife became his guide, a guardian angel, in the afterlife, helping to adapt to the new environment.

    She tells him about the telescope, with which he learns whether his relatives and friends remember him. It turns out that the whole life of the man has been a self-deception, illusion of prosperity and happiness. He is amazed by hypocrisy and pettiness of the people he knew and loved.

    Such artists as Azerbaijani people's artist Yuri Baliev, Alexander Nikishin, honored artists Salman Bayramov, Natalia Baliyeva, Fuad Osmanov, and actors of theater Natavan Hajiyeva, Teymur Ragimov, Inna Imranova, Elshad Murtuzov, Milana Mardahanova, Farida Nesterenko, Bella Safina, Maria Dubovitskaya, Yaroslav Trifonov, Yegana Huseynli and Maya Vorobzhanskaya are performing in the play.
  • Putin: Russia shelled IS from warships in Caspian Sea
    07.10.2015 16:38
    Baku, Azerbaijan, Oct. 6


    Russia's President Vladimir Putin says that Russian warships have fired at the IS objects in Syria from the Caspian Sea basin using the high-precision weapons.

    RIA Novosti quoted Putin as saying that all the targets have been hit.

    Story still developing

    Follow us on Twitter @
  • Kuwaiti businessmen eye Azerbaijan's market
    07.10.2015 16:27
    /By AzerNews/

    By Amina Nazarli

    Kuwaiti businessmen are interested in cooperation with Azerbaijan.

    Kuwaiti Ambassador Saud Abdulaziz Mohammad Al Shamlanom al Roumi made the remark in a meeting with Head of the Azerbaijani State Migration Service Firudin Nabiyev in Baku on October 6.

    He praised the inter-governmental agreement abolishing visa requirements for diplomats and persons with special passports signed during the first session of the Kuwaiti-Azerbaijani intergovernmental commission on cooperation in 2011.

    Roumi also reminded about an aviation agreement signed between the two countries this May and expressed the hope that the flights between Kuwait and Azerbaijan will be carried out in the near future.

    The agreement is aimed to boost commercial cooperation in between a number of airlines from both countries to facilitate passenger traffic. It also includes the exchange of traffic rights, a number of privileges and opportunities to improve the coordination in civil aviation safety.

    The sides also exchanged views on further expansion of cooperation in migration and crisis with migrants in Europe.

    Nabiyev, for his part, informed the participants about the measures on simplifying procedures for legal stay of foreign citizens in the territory of Azerbaijan.

    He also went on estimating the increase of mutual visits between the two countries.

    Azerbaijan and Kuwait established diplomatic relations in 1994.

    Both countries being subject of military occupation and aggression by neighboring countries in the early 90s were primarily engaged in overcoming foreign occupation and managing its dreadful consequences.

    The Kuwaiti government and charity organizations were among the first ones, which stretched their hand of assistance to Azerbaijan to alleviate humanitarian situation of refugees and internally displaced persons.

    The country supports the territorial integrity of Azerbaijan.

    The Azerbaijani embassy in Kuwait opened in late 2004 and the Kuwaiti Embassy in Baku began to function in 2006.

    Establishment of the Azerbaijani embassy in Kuwait and Kuwaitв's embassy in Azerbaijan fostered development of bilateral cooperation between the two countries. Mutually beneficial cooperation between the countries further broadened and deepened encompassing the areas like finance, economy, trade commerce, tourism and investment.
  • MP Khachatryan: Armenian economy is in a shameful state
    07.10.2015 16:26
    "We faced with the most dangerous type of migration."

    "The country is in a difficult social situation," MP Ishkhan Khachatryan said during his speech in the National Assembly of Armenia, reports citing

    He recalled the promises of the government: "They said that it is planned to reduce the shadow monopoly, to create a free and fair competitive environment. However, facts are not in their favor."

    According to the National Statistical Service, Armenia's national debt as of August 1 is $ 4 722 955 000.

    "Compared with May, the debt increased by $92 722 000," Khachatryan said.

    In addition, he noted that in comparison with last year the number of unemployed has increased by 20%, and private transfers decreased by 26%.

    "We faced with the most dangerous type of migration - when the Armenian family leaves home forever in peaceful conditions," the deputy said.

    He links it all to the economic situation.

    "Even according to official data, Armenia's economy is in a shameful state," Khachatryan stated.
  • Why i would rather date someone who gives me space than attention
    07.10.2015 16:18
    According to the Internet, the way to a girlв's heart is to overwhelm her with attention and affection.

    The boyfriends and SOs who get praised the most are the ones who send sweet text messages every morning and treat their girlfriends like princesses. Whatв's more, anyone who doesnв't fit the ''perfect boyfriend'' mold is often indirectly scolded.

    WomenВ will joke about getting angry when their boyfriends for taking too long to respond to a text, or if they forget about the anniversary of their third dinner date. But, I tend to think these women arenв'tcompletelyВ joking.

    A lot of people are truly happiest in relationships when theyв're shown continual and unfailing TLC, and I understand that to an extent. I mean, thereв's nothing wrong with wanting to feel appreciated.

    However, these kinds of every-waking-moment relationships are a major turn-off for someone like me, who really values independence.

    Honestly, given the choice between a relationship where I am smothered with attention, and a relationship where my SO gives me space, Iв'd pick the latter every time. Let me explain why.

    First of all, people who are extremely forward at the start of a relationship overwhelm me.

    The way I see it, going from ''zero to 100 real quick'' is only acceptable in Drake lyrics, not real-life relationships. If Iв've been single for a while, and all of a sudden someone wants to spend every minute with me, itв's pretty off-putting.

    Iв'm the type of person whoв's actually really comfortable spending time alone, so I donв't need someone breathing down my neck every minute.

    In fact, IВ preferВ to have a little ''me time'' now and then. When a SO doesnв't understand that, I start to wonder ifВ heв'sВ comfortable with himself.

    If someone needs me in his life 24/7 in order to feel important or validated, then heв's not the person for me.

    Not to mention, if I just met a guyВ recently,В and he seemingly canв't leave me alone, I begin to question his motives. I mean, you barely know me. How do you even know you like me?

    In my opinion, one conversation (even if it gets pretty deep) or one date (even if it gets intimate) is no where near enough time to decide if two people are a good match for each other.

    I like to start every relationship, romantic or otherwise, by disclosing and getting closer inВ smallВ doses. I need time to think for myself and decide whether or not this person is right for me. If I donв't have any alone time because this person wonв't give me any space, then itв's not going to work out.

    By this point, youв're probably thinking, ''Okay, she doesnв't like overwhelming attention and affection, so whatВ doesВ she like?'' I like people who integrate themselves into my life slowly and let me think.

    I like people who allow me the prerogative of self-disclosing at a slow rate.

    I like people who donв't guilt-trip me when I have other plans.

    I understand not everyone shares my inclinations, but weв're all entitled to pursueВ relationships in our own way.

    I donв't think my preference for a little emotional distance makes me a bitch, and I donв't think it makes me rude.

    Sometimes, it just takes me a while to let my guard down, and I want my partners to understand and respect that. When someone forces me to be 100В percent available for him all the time, itв's a major turn-off, especially when Iв'm still trying to decide if I like him or not.

    Relationships are about sharing your life with another person, so letв's not forget about that other personв's boundaries.

    /By Elite Daily/
  • Institute of Geography: Stream and flood expected
    07.10.2015 16:17
    ''The rainy and humid weather conditions in the fall increase the likelihood of new series of stream and flood,'' Elbrus Alizadeh, deputy director of the ANAS Institute of Geography, said in a statement to APA.

    He said the heavy downpour that fell in the country's parts of the Greater Caucasus, the Lesser Caucasus and Talysh Mountains on the 4th, 5th, and 6th of October have brought about a number of consequences.

    "There was much stream and flood in rivers in the southern slope of the Greater Caucasus, namely the Turyanchay, Goychay, Girdimanchay, and Aghsu rivers, in many of the river valleys in the Goranboy and Goygol districts as well as in rivers in the Lenkeran region and Talysh Mountains. Farmlands in Goychay and Goranboy were affected the most," he said.

    "Unfortunately, our prognosis proved accurate. As predicted, there was intensive rainfall in Azerbaijan since the first days of the fall, following the summer that passed mostly arid"

    The deputy director added that the institute's summer prognosis of the likelihood of stream and flood proved accurate.

    The Geography Institute predicted that if it is hot and dry in summer, materials ready to be transported will be collected in flood lands and river valleys in the mountainous areas. Then, if it rains very hard in autumn, floods and mudslides will be inevitable and predictable in most mountain rivers of Azerbaijan. It should be noted that the floods are mudslides were caused by failure in carrying out important preventive measures after the long summer, thus in cleaning of water transmission facilities, especially communication lines carrying rainwater in urban areas, and river valleys", he said.

    E.Alizada said that preventive measures should be accelerated to minimize the scale of possible damage to be caused by floods in autumn.

    "It is possible to reduce the potential damage by ensuring the repair of flood protective dikes, repair of dams in lowland rivers, especially in the River Kur or their construction in necessary places", he added.
  • Fire occurs at coal mine in Turkey
    07.10.2015 16:10
    Baku, Azerbaijan, Oct.7

    By Rufiz Hafizoglu - Trend:

    Fire has occurred at one of the coal mines in Turkey's Zonguldak province, Haber7 TV channel reported Oct.7.

    All the miners have already been evacuated. No casualties have been reported, according to the preliminary data.

    Work is underway to extinguish the fire that occurred at a depth of 320 meters.

    Currently, the cause of the fire is being determined.

    Turkey has faced a number of mine accidents in recent years.

    The previous worst mine accident in Turkey's history occurred in the city of Soma on May 13, 2014 leaving 301 people dead and 486 injured. That time, the police detained 25 people over the accident.

    In total, there are 740 coal mines in Turkey.

    Edited by SI


    Follow the author on Twitter: @rhafizoglu

    Follow us on Twitter @
  • Azerbaijani state budget deficit doesnв't exceed EU limit
    07.10.2015 16:09
    Baku, Azerbaijan, Oct. 7

    By Azad Hasanli - Trend:

    Deficit of Azerbaijani state budget doesn't exceed the norms accepted in international practice, Azerbaijani Minister of Finance Samir Sharifov said Oct.7.

    He made the remarks during discussion of the draft state budget for 2016 and the next three years at a joint session of parliamentary committees on science and education, legal policy and state structure, regional issues, culture, human rights, international affairs and interparliamentary relations.

    "The deficit of the state budget of Azerbaijan is a little less than 3 percent of GDP, which is normal in international practice," he said. "For example, the EU has a 3 percent deficit, and it is a certain limit which they try not to exceed."

    The government tries to keep the deficit at a low level, according to the minister.

    "We have the opportunity to cover the budget deficit, mainly through loans borrowed from abroad," said Sharifov. "In addition, the deficit can be covered by the proceeds from the placement of bonds and incomes from privatization of state property."

    Revenues of the state budget of Azerbaijan for 2016 are projected at 14.566 billion manats, while expenses are expected to reach 16.264 billion manats (28.2 percent).

    The budget deficit for 2016 is forecasted at 1.698 billion manats or 2.9 percent of GDP [its volume is set at 57.7 billion manats].

    Edited by CN

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  • ''Over 20 large oil reserves can be found in Kazakhstan''
    07.10.2015 15:58
    Explorations at depths of 7,000 to 15,000 meters can lead to discovery of over two dozen large hydrocarbon deposits in Kazakhstan, IA Novosti-Kazakhstan quoted Magzum Mirzagaliyev, the country's vice-minister of energy, as saying Oct. 7.

    Speaking at the Kazakhstan International Oil amp; Gas Exhibition and Conference in Almaty, Mirzagaliyev said a decline of production is expected to take place in Kazakhstan in 15-20 years, including at the largest oil fields - Tengiz, Karachaganak and Kashagan.

    He said the resource base can be filled in only through the exploration of much deeper horizons, where there is possibility of finding over two dozen large fields.

    According to experts, as the vice-minister said, "the era of easy oil is in the past", and major oil and gas reserves are located at depths of 7,000 to 15,000 meters.

    Mirzagaliyev recalled that earlier Kazakhstan announced the lsquo;Eurasia' project, aimed at the exploration of hydrocarbons at great depths.

    "The project will help bring large companies and maintain the production plateau in the long term at about 100 million tons yearly," he said.

    Mirzagaliyev added that a draft of investment incentives and tax advantages for the project's participants is being developed today.

    He further noted that a special operating company will be set up at Kazakhstan's national oil and gas company KazMunaiGas for the project's realization.

    "It is planned to start working from 2016 on the collection and processing of data, and in 2017 to hold seismic surveys and then work to prepare the drilling of the deep well," he noted.

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  • Land slides near Baku Intв'l Bus Terminal
    07.10.2015 15:56
    There has been landing slide on the Baku-Sumgayit Highway.

    The landslide occurred in the city direction, near the Baku International Bus Terminal, APA reported.

    The roadside walls have bended as a result of the landslide. Large cracks have opened in the terminal's areas close to the highway.

    The geological planning expedition of the National Geological Prospecting Service of the Ministry of Ecology and Natural Resources has confirmed the fact to APA, saying that the landslide caused large cracks on the road in the Sumgayit-Baku direction and unequal sedimentation from the road towards the bus terminal.

    Concerned authorities are currently at the site.
  • Scottish oil services company received multi-million dollar contract in Kazakhstan
    07.10.2015 15:38
    Baku, Azerbaijan, Oct. 7

    By Elena Kosolapova - Trend: Energy services giant Wood Group headquartered in Aberdeen, Scotland, has been awarded a multi-million dollar contract by US-based Bechtel to work on the Tengiz oil field in Kazakhstan, Wood Group reported on Oct. 7.

    Wood Group will provide an automation solution consisting of detailed engineering, control hardware and remote instrument enclosures (RIEs) for Tengizchevroil's Crude Storage Capacity Project.

    The project will increase capacity of the tank farm to accommodate the upgrading of the existing tank farm.

    "We are combining the expertise and capabilities of our Automation and Controls personnel in the UK, US, and Argentina to design and deliver a cost-effective solution that meets TCO's needs," CEO of Wood Group Mustang Michele McNichol said.

    Wood Group is an international energy services company with over $7 billion in sales and operating in more than 50 countries. The Group is built on Core Values and has three businesses - Wood Group PSN, Wood Group Kenny and Wood Group Mustang - providing a range of engineering, production support and maintenance management services to the oil amp; gas, and power generation industries worldwide.

    Tengizchevroil LLP was founded in 1993, on the basis of the agreement signed between the government of Kazakhstan and Chevron Corporation to develop Tengiz field.

    TCO operates on the license area in Kazakhstan which covers the super-giant Tengiz field and a smaller Korolev field, as well as several promising areas for exploration.

    The Tengiz field in the west of Kazakhstan is one of the deepest and largest oil fields in the world. Total estimated reserves amount to three billion tons (26 billion barrels).

    The shareholders of TCO are KazMunaiGas national oil and gas company of Kazakhstan (20 percent), Chevron Overseas (50 percent), ExxonMobil (25 percent) and LukArko (5 percent).

    The company produced 26.7 million tons of oil in 2014.

    Edited by CN

    Follow the author on Twitter: @E_Kosolapova

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  • Nothing being said on fate of thousands of war victims '" Azerbaijani official
    07.10.2015 15:38
    Baku, Azerbaijan, Oct. 7


    Novruz Mammadov, deputy head of Azerbaijani presidential administration, chief of the administration's foreign relations department, has noted that there is nothing said about the fate of thousands of war victims.

    "I wonder why those countless international institutions, bodies and individuals that chose profession of advocating human rights remain silent?," he tweeted Oct. 7.

    "Sometimes they issue statements and stage campaigns about a single person for months," Mammadov said in another tweet.

    "Whereas not even a word is said about the fate of thousands of people that are victims of war," he further noted.

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  • Azerbaijan to pay for its share in AIIB in 2016 '" minister
    07.10.2015 15:38
    Baku, Azerbaijan, Oct. 7

    By Azad Hasanli - Trend:

    Azerbaijan will pay for its participation in the capital of the Asian Infrastructure Investment Bank (AIIB) in 2016, Azerbaijani Finance Minister Samir Sharifov told reporters Oct.7.

    "Azerbaijan must pay $50 million for its share," he said, adding that in 2016, the government will pay about 20 percent of the sum of $50 million.

    "This sum is divided into two parts, we will pay for the first part and the second part is considered to be withdrawn, since it's paid only in case of emergency," Sharifov said.

    At the same time, the minister didn't rule out the possibility of changing the amount of the sum that Azerbaijan should pay.

    The Azerbaijani government officially expressed interest in becoming one of the AIIB founders March 31, 2015. In April, Azerbaijan was confirmed as one of the countries that joined AIIB.

    The objectives of the Asian Infrastructure Investment Bank are to promote the economic development and cooperation in Asia by investing in infrastructure and other productive sectors, which will be considered as appropriate; to develop the regional cooperation and partnership in addressing the tasks in the field of development, to closely cooperate with other multilateral financial institutions.

    The investments in infrastructure of developing regional members, including the power engineering, transport and telecommunications, agriculture, water supply, environment, urban planning and other productive sectors will be the priority areas of AIIB funding.

    AIIB's authorized capital is $100 billion. The share of regional members of the bank will hit 75 percent. China will be the largest shareholder of the bank. Its share is 29.78 percent of the voting shares. Azerbaijan's share in the bank's capital will hit 0.25 percent. Some $254.1 million will be invested in their purchase.

    Currently, 1.6 percent of the bank's shares remain undistributed.

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  • Chess Olympiad-2016 logo presented in Baku
    07.10.2015 15:29
    /By AzerNews/

    By Amina Nazarli

    The logo for the 42nd World Chess Olympiad 2016 to be held in Baku was revealed in the capital recently.

    The tournament, scheduled for next September, will host about 2,000 chess masters from 175 countries.

    The logo depicts the Baku Crystal Hall, which will be the venue for the Chess Olympiad.

    The Chess Federation of Azerbaijan came up with an offer to host the 2016 Chess Olympiad in Baku back in July. The other two proposals by Albena, Bulgaria and Tallinn, Estonia were not presented before the voting period and were not approved.

    The budget for the Olympiad is 13.3 million euros. Some 6.8 million euros are set aside for first-class accommodation for the players and delegates. Another 1 will go to the FIDE Commission for World Championships amp; Olympiads and intellectual rights.

    Chess Federation Vice President Mahir Mammadov toldВ TrendВ that about 3,000 guests are expected to come to the event. He expressed confidence that the 2016 Chess Olympiad will be held to the highest standards.The Baku Crystal Hall, is an unusual building and from the outside it takes the shape of the so-called ''Baku Crystal,'' which is a crystal shining during the night.

    The complex, which hosted the Eurovision Song Contest in 2012, has a capacity of 23,000 seats.

    Meanwhile, the 2015 FIDE World Chess Cup, an integral part of the 2014-2016 World Championship Cycle, came to an end in Baku on October 5.The event hosted 128 of the worldв's best players, including five former world champions. Russian grandmaster Sergey Karjakin won the competition, earning $120,000.

    Earlier in September, the First European Deaf Chess Championships for National Deaf Chess Teams was also held in the countryв's capital.

    Baku will pass on the Olympic baton to Batumi in 2018.
  • Azerbaijani president attends opening of Goychay hydroelectric power station
    07.10.2015 15:28
    Baku, Azerbaijan, Oct.7


    President of the Republic of Azerbaijan Ilham Aliyev attended the opening of "Goychay" hydroelectric power station on Oct.6.

    Azerenerji President Etibar Pirverdiyev informed the president about the main components of the 3.1MW power station, the foundation stone of which was laid by President Ilham Aliyev in February, 2010.

    President Ilham Aliyev launched the power station.

    The facility will produce 20 million kilowatt-hours of electricity annually, which makes 25 percent of Goychay district`s need. The station occupies a total area of five hectares.

    Three hydroelectric aggregates with 1.03MW capacity each, a water sensor, a pressure forebay with a capacity of 4,500 cubic meters and three pressure installations each 28.4m in height were built there.

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  • EIA reveals oil prices forecasts
    07.10.2015 15:16
    Baku, Azerbaijan, Oct. 7

    By Aygun Badalova - Trend:

    Brent crude oil prices will average $54 a barrel in 2015 and $59 a barrel in 2016 while West Texas Intermediate (WTI) crude oil prices will average $50 a barrel and $54 a barrel this and the next year respectively, according to the U.S. Energy Information Administration's (EIA) forecasts.

    North Sea Brent crude oil prices averaged $48 a barrel in September, a $1 per barrel increase from August. However, volatility remained high during September, the EIA's Short-Term Energy Outlook said.

    On a quarterly basis EIA expects Brent prices in 2016 at $54.05 a barrel, $59.38 a barrel, $61.31 a barrel and $59.33 a barrel respectively.

    The highest price for WTI in 2016 will be observed in the third quarter - at $56.31 a barrel, according to the EIA's forecasts. In the first quarter WTI price is expected at $49.05 a barrel, in the second quarter - at $54.38 a barrel, in the fourth quarter - at $54.33 a barrel.

    Crude oil prices climbed higher in Asia trade Tuesday on signs of ebbing U.S. production and increasing willingness among the major oil producers to collectively jumpstart the market amid the prolonged price slump, the Wall Street Journal reported.

    On the New York Mercantile Exchange, light, sweet crude futures for delivery in November traded at $49.12 a barrel, up $0.59 in the Globex electronic session. November Brent crude on London's ICE Futures exchange rose $0.38 to $52.30 a barrel.

    EIA estimates that total U.S. crude oil production declined by 120,000 barrels per day in September compared with August. Crude oil production is forecast to decrease through mid-2016 before growth resumes late in 2016.

    Projected U.S. crude oil production averages 9.2 million barrels a day in 2015 and 8.9 million barrels per day in 2016.

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  • Ahmet Davutoglu: Turkey not to make concessions
    07.10.2015 15:15
    "Syrian crisis must not grow into the Russian-Turkish crisis."

    Ankara has no conflict of interests with Moscow over the situation around Syria.

    According to Oxu.Az, the statement came from Turkish PM Ahmet Davutoglu, RIA Novosti reports.

    "We have no conflicts of interests over Syria with Russia, however, Russia must take into account our concern over the situation.

    We are friends and neighbors with Russia but Turkey cannot make concessions in the issue of the security of our borders," Davutoglu told reporters on Wednesday commenting on the recent air incidents with the Russian warplanes.
  • Bayil and Bibiheybat to be reconstructed
    07.10.2015 15:07
    It is planned to create a new infrastructure.

    The project of reconstruction of residential areas Bayil and "20-ci sahe" has started.

    Oxu.Az reports citing that it is expected to begin large-scale work on the socioeconomic development of the territory of Bayil and "20-ci sahe" with a majority of the randomly located dilapidated residential and non-residential buildings constructed during the Soviet period.

    There are also a number of municipal problems, which can not be said about other residential areas of the district.

    There is a need for reconstruction work due to the fact that the main road from Baku to the south-west passes through these settlements.

    In this regard, two groups composed of well-known architects of the country, who are currently conducting reconstruction work design and improvement works on the "20-ci sahe", along Bibiheybyat and Salyan highway, were created. The works will be implemented upon completion of the design.

    As part of the planned activities it is also planned to reconstruct water and sanitation systems, as well as repair and coverage of in-roads. It is envisaged to create a new infrastructure.
  • Fed is indecisive, incoherent and driven by the consensus narrative
    07.10.2015 14:48
    By Steen Jakobsen, Saxo Bank's Chief Economist

    There is a firm believe among current and former Fed officials that a 2016 hike is still on the table, but it's also clear that Fed and its staff are lost, totally lost, as to where the economy is going, what the strong US dollar means in the medium term and are very concerned on the "structure of the fixed income market". In other words, the Fed is not going to come forward in a clear and decisive way from here but will be swayed by whatever headline is driving the consensus.

    There was no love for emerging markets; most people had negative EM as their number one trade and with expectations of considerable underperformance still in store. The one comment which stood out was that if you exclude energy and commodities from EM then it's getting cheap but not yet deeply discounted. However, excluding energy and commodities of course is futile considering the big cap companies' main business' in EM!

    EM is cheap on all metrics in my book, but I do agree that you need a catalyst: "hellip;a weaker US dollar in my theory"hellip; to kick start it...

    I think both VW and Glencore are big stories, but not as big as market fears. Expect seasonal strength to play out post October 10 and I stick with my Samp;P projection from August, which means low, is in pretty soon and here's why:

    bull; The world has just moved one step closer to global deflation making "easier monetary policy" the response in a world of no ability to fiscally expand.

    bull; Every time in history when the market has been more than 10% down, with falling commodity prices and a strong USD the Fed would be looking to ease not hike!

    bull; Global easing or pretend-and-extend version 4.0 is close. Central bankers simply don't believe a bloated balance sheet and debt financing is an issue or worse they seems to think economic theory offers no alternatives.

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  • President Aliyev congratulates Putin
    07.10.2015 14:38
    President of Azerbaijan Ilham Aliyev has had a telephone call with his Russian counterpart Vladimir Putin.

    Oxu.Az reports citing AzerTag that the head of state congratulated Putin on his birthday, wished the Russian president a sound health and new accomplishments in his governmental activity.

    The Russian President thanked I.Aliyev for attention and congratulations.

    During the talk the heads of states stressed the dynamic and successful development of bilateral relations between Azerbaijan and Russia in all spheres.

    They voiced confidence that strategic partner relations will further strengthen.
  • Azercellв's Barama Center signs memorandum of cooperation with PASHA Bank
    07.10.2015 14:20
    Baku, Azerbaijan, Oct. 7


    At a time denominated by technological innovation Barama Innovation and Entrepreneurship Center of Azercell Telecom LLC continues to implement interesting projects in the epoch of technical inventions. Operating since 2009 Barama Center supports the emergence of local start-ups and facilitates the development of technological literacy and entrepreneural skills. The Center cooperates with a number of global organizations and NGOs to develop innovative environment.

    Azercell Barama Center has signed a memorandum of cooperation with PASHA Bank, a leading bank of the country. The major objective of the project for both companies is to support the growth and strengthening of individual entrepreneurship .

    It should be mentioned that Barama Center and PASHA Bank also cooperated in Seedstars World competition held last summer in Baku. PASHA Bank is a respected and reliable bank in Azerbaijan with professional team of economists. The develoopment of banking, technologies in this field, as well as small-and medium-size businesses in the country are the issues of great strategic importance for PASHA Bank.

    In this regard, as a project joining the objective and interests of the esteemed companies, Barama Innovation and Entrepreneurship Center of Azercell creates perfect opportunities for successful business cooperation.

    Azercell Telecom LLC was founded in 1996 and since the first years sustains a leading position on the market. Azercell introduced number of technological innovations in Azerbaijan: GSM technology, advance payment mobile services, GPRS/EDGE, 24/7 Customer Care, full-time operating Azercell Express offices, mobile e-service "ASAN imza" (ASAN signature) and others.

    With 51% share of Azerbaijan's mobile market Azercell's network covers 99,8% of the country's population. Currently, the number of Azercell's subscribers reached 4,6 million people. In 2011 Azercell deployed 3G and in 2012 the fourth generation network - LTE in Azerbaijan. The Company is the leader of Azerbaijan's mobile communication industry and the biggest investor in the non-oil sector. Azercell is a part of TeliaSonera Group of Companies serving 186 million subscribers in 17 countries worldwide with 27,000 employees.

  • SOCAR establishes new company in Azerbaijan
    07.10.2015 14:19
    Baku, Azerbaijan, Oct. 7

    By Maksim Tsurkov - Trend:

    The SOCAR (State Oil Company of Azerbaijan) has registered SOCAR Dalgic LLC subsidiary service company in the ministry of taxes of Azerbaijan, the Azerbaijani lsquo;Vergiler' newspaper said.

    Agalar Ibrahimov has been appointed the legal representative of the new company. The company with a registered capital of 100 manats was registered through a lsquo;single window' system in the ministry of taxes of Azerbaijan September 21.

    The company was registered at the following address: Salyan highway, 13th kilometer, Sabail district, Baku, Azerbaijan.

    The members of the SOCAR Dalgic Supervisory Board include Mehman Orucaliyev, Mikhail Mirzoyev, Ilgar Sadigov and Ilham Nasirov.

    SOCAR includes production associations Azneft (the enterprises producing oil and gas onshore and offshore), Azerkimya (the chemical industry enterprises) and Azerigaz.

    The company also has a number of processing enterprises, service enterprises, and institutions involved in geophysical and drilling operations.

    SOCAR is the sole producer of oil products in Azerbaijan. It has two oil refineries and filling stations in Azerbaijan, Georgia, Ukraine, Romania and Switzerland.

    It is the co-owner of the largest Turkish petrochemical complex, Petkim, and other assets in Turkey.

    Edited by CN


    Follow the author on Twitter: @MaksimTsurkov

    Follow us on Twitter @
  • Azerbaijani parliament makes amendments to several laws
    07.10.2015 14:09
    /By AzerNews/

    By Aynur Karimova

    Azerbaijan has tightened control over the spread of religious information and increased attention to the training of religious specialists.

    These issues were envisaged in the amendments to the laws "On freedom of religion" and "On mass media" discussed on October 6 at the plenary session of Azerbaijan's Parliament.

    Under the amendment made to the 29th article of the law "On freedom of religion," the relevant executive body will demand reports on religious activity and financial reports from religious centers and religious organizations,В TrendВ reported.

    Other amendments give the executive power bodies a right to control religious literature, audio and video materials, products and other religious goods in accordance with the law "On regulation of monitoring in the field of business activity and regulation and the protection of entrepreneurs' interests.''

    Also, these bodies will take measures to train specialists in religious practices and organize qualification courses.

    According to an amendment to the 14th article of the law "On mass media," a reference from the executive power body will be required for the creation of religious publications.

    These amendments expand the authority of the State Committee for Work with Religious Organizations.

    State fingerprint registration law amended

    The parliament also adopted amendments to the law "On state fingerprint registration in Azerbaijan," according to which the range of persons to be covered by the procedure of compulsory state fingerprint registration has been expanded in the country.

    In accordance with the amendment made to the 8th article of the law, compulsory fingerprint registration will be applied to persons who are to be deported from Azerbaijan and to foreigners contained in detention centers for illegal migrants and stateless persons.

    Ombudsman's authority expanded

    Also, the authority of the Commissioner for Human Rights (ombudsman) of Azerbaijan has been extended.

    According to an amendment made to the law "On Commissioner for Human Rights (ombudsman)," the National Preventive Group of the Ombudsman Office of Azerbaijan will have a right to make free, unannounced visits to detention centers for illegal migrants at any time, to meet with migrants, get familiar with the terms of their detentions and draw up reports on the progress and results of the conducted measures.

    According to the amendment made to the law "On police" of Azerbaijan and adopted by the parliament, the authority of the Azerbaijani police has been extended. The Azerbaijani police will be responsible for preventing violence during sporting events.

    Azerbaijan has also tightened measures against those who will illegally appoint persons to position that require state security clearances. In particular, official persons will be fined 500 to 700 manats, while legal entities will be forced to pay between 1,500 and 2,000 manats.
  • Khamenei bans negotiations with US
    07.10.2015 13:55
    Baku, Azerbaijan, Oct. 7

    By Umid Niayesh - Trend:

    The Iranian Supreme Leader Ayatollah Ali Khamenei said that negotiation with the US is banned because it only imposes losses to the country.

    He made the remarks in a meeting with the Islamic Revolutionary Guards Corps (IRGC) Navy commanders and staff and their families in Tehran, Oct. 7, the official website of the supreme leader reported.

    "Talk with the US is not allowed due to its numerous losses and no gain."

    "There is a reason we are against talks with US, because it means infiltration," Khamenei said, adding, " they want to pave the way for imposition".

    Edited by CN

    Story still developing

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

    Follow us on Twitter @
  • Turkey demands Russia to respect intв'l air law
    07.10.2015 13:46
    Baku, Azerbaijan, Oct.7

    By Rufiz Hafizoglu - Trend:

    Turkey has demanded Russia to respect the principle prohibiting the violation of countries' airspace, TRT Haber TV channel quoted Turkish Foreign Minister Ahmet Davutoglu as saying Oct.7.


    Follow the author on Twitter: @rhafizoglu

    Story still developing

    Follow us on Twitter @
  • No compromise on Syrian issue from Russia, says ex-head of Israeli intelligence agency (exclusive)
    07.10.2015 13:19
    Baku, Azerbaijan, Oct.7

    By Anakhanum Khidayatova - Trend:

    Russia won't make compromise regarding the Syrian issue either with the US or Turkey, Yaakov Kedmi, diplomat, former head of Israel's lsquo;Nativ' intelligence agency exclusively told Trend Oct.7.

    "The complicated relations between Russia and Turkey are full of contradictions," he said. "Both countries have common problems with Europe, as well as common economic interests, but Turkey is a NATO member."

    Russia supports Syrian's President Bashar al-Assad, sympathizes with Kurds, and speaks for secular Syria, said Kedmi, adding that meanwhile, Turkey pursues its own interests in Syria.

    Nevertheless, both Turkey and Russia want to have influence on Syria, according to the Israeli diplomat.

    The expert also touched upon the recent incident related to the violation of Turkey's airspace by Russian aircraft.

    Turkey's Foreign Ministry said that the planes of Russian air forces, involved in the military operation in Syria, violated Turkey's airspace on Oct. 3. The aircraft of Turkish air forces carried out warning sorties following the violation of the country's airspace. After this Russian planes left the Turkish airspace.

    Following the incident, Russian ambassador to Turkey was summoned to the country's Foreign Ministry to clarify the situation.

    "Despite Russia's apologies, Turkey strongly reacted to the unintended (for a few seconds) violation of its airspace by Russian aircraft," said Kedmi.

    In fact, Russia closed the Syrian airspace for Turkish air raids over the districts densely populated by Kurds as well, he added.

    The expert said that the further development of relations between Moscow and Ankara will depend on Turkey's President Recep Tayyip Erdogan and his ability to act logically and within his country's interests, but not impulsively.


    Follow the author on Twitter: @Anahanum

    Follow us on Twitter @
  • Iran intends to expand economic relations with Russia through Azerbaijan
    07.10.2015 13:07
    The trade turnover between Azerbaijan and the Islamic Republic of Iran this year reached $ 680 million, while last year it was $ 500 million, Deputy Head of Iran's East Azerbaijan Province, Said Shabistari told the local press.

    East Azerbaijan Province shares 20 percent of the $ 680 million trade turnover. The province borders with Azerbaijan what creates favorable conditions for the development of relations. The Province is one of the developed regions of Iran in industrial and agricultural areas. Fruits and vegetables are exported from the region to Azerbaijan.

    Mr. S. Shabistari stated that Azerbaijan is an important neighboring state for Iran. Iran intends to expand economic and trade relations with Russia through Azerbaijan. Speaking about the created great opportunities for the Azerbaijani businessmen to invest in the region, Mr. S. Shabistari stressed that, "Araz" free economic zone covers a large area and certain tax incentives are applied to investors.
  • Azerbaijan keen on expanding customs co-op with Belarus
    07.10.2015 12:59
    /By AzerNews/

    By Aynur Karimova

    Azerbaijan is interested in expanding cooperation with Belarus in the customs field.

    This was announced by the Chairman of the State Customs Committee of Azerbaijan, Aydin Aliyev, during a meeting with Belarusian Ambassador to Azerbaijan Gennady Ahramovich on October 6.

    He also stressed the importance of development and integration of relations between the two countries in this field, and expressed satisfaction with the level of mutual cooperation between the two countries.

    Ahramovich, in turn, noted the importance of expanding cooperation between the two friendly countries in all fields, including customs.

    They also exchanged views on issues of mutual interest and discussed future prospects of joint cooperation.

    Diplomatic relations between Azerbaijan and Belarus were established in 1993, but Azerbaijan and Belarus started to get closer during past decade.

    Currently the two countries enjoy high level ties in various fields and closely cooperate within international organizations. Belarus opened embassy in Azerbaijan in February 2006, Azerbaijan opened embassy in Belarus in August 2006.

    According to the Belarusian government,the Belarus-Azerbaijan mutual trade turnover totaled $330.8 million in 2014.

    Belarus' main exports include products of wood working, mechanical engineering, foodstuffs, medications, ferrous metals and glassware. Azerbaijan's exports comprise oil products, hydrocarbons, juices, agricultural products, aluminum goods.

    Currently the two countries are implementing the long-term social and economic cooperation program through 2015. Belarus has been implementing projects in logistics, public catering, and trade with a total amount of Azerbaijani investment of over $20 million. Minsk and Baku operate regular flights.
  • Azerbaijani company to invest over $60M in Tatarstan
    07.10.2015 12:57
    Baku, Azerbaijan, Oct. 7

    By Anvar Mammadov - Trend:

    A ceremony devoted to the beginning of realization of the investment project to build a plant for the production of juices and the logistics center of the Benkons Group Azerbaijani company will be held October 7 in Laishevskiy municipal region of Tatarstan (Sokury village), said the message of Tatarstan Investment Development Agency (TIDA) posted on its website.

    The event will be attended by President of the Republic of Tatarstan Rustam Minnikhanov.

    "The plant will specialize in the production of natural juices from organic fruit," said the message. "The volume of investment in the project in Tatarstan will exceed 4 billion rubles ($61.45 million). The minimum project capacity is 53,856,000 liters per year. More than 250 job places will be created in Tatarstan as a result of the localization of the brand."

    It is planned that the plant and logistics center will start work in early 2017.

    Provisional agreement on the implementation of the project was reached during the visit of Tatarstan Investment Development Agency Chief Executive Taliya Minullina to the Azerbaijan Republic in December, 2014. This project was presented to the President of Tatarstan February 3, 2015 at the Board of the Agency, and a cooperation agreement was signed between the company and TIDA.

    Benkons Group is one of the leading companies operating in various fields in Azerbaijan and abroad. The group includes several companies that now occupy significant positions in various industries - Benkons Import, Benkons Export, Benkons Construction.

    Benkons Import is one of the major importers of consumer goods in Azerbaijan. There are partnership agreements in more than 30 countries worldwide, most of which are distribution contracts. Since 2011, the company is a strategic partner of PepsiCo International and has a franchise in the production and distribution of soda production of this company in Azerbaijan, namely, such brands as Pepsi, PepsiLight, Mirinda, MountainDew, AcquaMinerale, Lipton, IceTea.

    Benkons Construction company has a special place in the construction sector, it has practical experience in the design and construction of administrative, office, residential, industrial buildings, and offers a full range of services (from the development of concepts and technological solutions to the construction and installation work and commissioning of the facility). The Benkons Construction company is also a distributor of panels and metal constructions of black metal, display refrigerators and equipment for supermarkets.

    Follow us on Twitter @
  • Alexey Miller: political factors do not affect work on Turkish Stream deal
    07.10.2015 12:39
    No political factors negatively affect work on an intergovernmental agreement with Turkey on the Turkish Stream gas pipeline, Russian state-controlled energy giant Gazprom CEO Alexey Miller told journalists.

    "Work to draft the text [of the intergovernmental agreement] is ongoing. No factors affect this work", - Miller said when asked whether the situation in Syria will affect the drafting of the intergovernmental deal, ITAR TASS reports.

    Russia's Aerospace Forces started delivering pinpoint strikes at facilities of the Islamic State terrorist organization in Syria on September 30. The air group comprises over 50 aircraft and helicopters, including Su-24M, Su-25 and state-of-the-art Su-34 aircraft. Dozens of terrorist facilities have been attacked by Russian aircraft over the past few days.
  • IMF: Azerbaijanв's inflation to reach 7.9% in late 2015
    07.10.2015 12:39
    IMF has published updated World Economic Outlook (WEO), noting that the consumer price index (CPI) in Azerbaijan has medium-term growth trend.

    According to the WEO, CPI in Azerbaijan will make up 5% in 2015, another 4.2% in 2016 and will rise up to 4.5% in 2020, reports.

    According to the Fund's forecasts, by the end of 2015 country's consumer inflation will total 7.9% (Q4 of 2015 against Q4 of 2014), and will drop to the end of 2016.
  • President: Local officials must help, not hinder
    07.10.2015 11:59
    Oil prices have fallen, cutting our revenues almost twofold.

    "Today, during the acquaintance with a poultry farm, I was informed in general about the processes occurring in Aran economic region, and Ujar region, about the allocated loans.

    The government, for its part, supports entrepreneurs, provides soft loans, provides them with machinery, fertilizers, creates the conditions, there is also a political support. A businessman must work. Local executive authorities must also help, not hinder. "

    According to Oxu.Az, the statement came from Azerbaijani President Ilham Aliyev at a ceremony marking the commissioning of the reconstructed water supply system in Ujar.

    According to the president, in this case the business will develop even more rapidly:

    "I have already said and I want to say once again that our economy should work so that we do not depend on oil prices. We are dependent on it yet. Oil prices have fallen, cutting our revenues almost twofold.

    But if we develop our non-oil sector even faster, the fall or rise in oil prices will not have much value. This is the main direction, which constitutes a priority," Ilham Aliyev said.
  • Popularity of foreign currency deposits growing in Kazakhstan
    07.10.2015 11:48
    Baku, Azerbaijan, Oct. 7

    By Elena Kosolapova - Trend:

    The share of foreign currency deposits increased from 73.2 percent to 78.1 percent in Kazakhstan at the end of August, the analytical service said Oct.7.

    "The total portfolio of fixed-term and conditional deposits of natural persons amounted to 4.57 trillion tenge (272, 95 tenge = $1), 3.56 trillion of which account for foreign currency," said the message.

    At the same time, some 60.4 percent of deposits of individuals accounted for foreign currency deposits in August 2014, while 39,6 percent accounted for deposits in tenge.

    The transfer of depositors to foreign currency positions has been recorded in all regions of Kazakhstan.

    The city of Almaty showed the highest growth rate of foreign currency deposits of the population in August, 29.2 percent. The share of capital of the southern contributors accounted for 45.7 percent of the market compared to 42.3 percent in July.

    Edited by CN


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  • Australian company intends to build concentrating mill in Kazakhstan
    07.10.2015 11:47
    Baku, Azerbaijan, Oct. 6

    By Elena Kosolapova - Trend:

    Iluka Resourses, Australian mining company, will conduct geological exploration in Kazakhstan's promising areas with the following construction of a mine and a concentrating mill, Kazgeology company of Kazakhstan said.

    "The aim of the work is to determine the prospects for the available resources of ilmenite, rutile, zirconium and tin in the mineral sand deposits," a statement said.

    The project will be implemented as part of the previously signed Memorandum of Understanding and Cooperation in the field of geological study and exploration of mineral resources between the Ministry of Investment and Development of Kazakhstan and the Australian company.

    "In case of positive results, the company plans to conduct detailed exploration in promising areas in Kazakhstan with the following construction of the mine and the concentrating mill up to $500 million," a statement said.

    The aero-geophysical research began in Kostanai region, Kazakhstan through Iluka Resourses' investments Oct. 10.

    The Australian company will fully finance the state geological exploration of subsoil and their further exploration. The amount of investments in geological exploration is not less than $ 4.4 million.

    The cooperation on this project were discussed during a meeting among Galym Nurzhanov, the chairman of the board of Kazgeology company, Alison Morley, the Regional Director of Iluka Resources in Kazakhstan, Said Sultanov, the director of the Kazakh Kazgeotech company and Archimedes Muhambetov, the head of Kostanay region, in Kostanay city Oct. 5.

    Iluka Resourses is the world's largest producer of zircon and a global manufacturer of high-quality titanium items.

    Edited by CN


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  • Azerbaijan, Korea: good ground to develop cooperation
    07.10.2015 11:38
    Deputy Prime Minister, Chairman of the State Committee for Refugee and IDP Affairs, Chairman of the Republican Commission for International Humanitarian Assistance Ali Hasanov has met the Ambassador of the Republic of Korea to Azerbaijan, Choi Suk-inn.

    During the meeting, the sides held extensive discussions on the Armenia-Azerbaijan, Nagorno-Karabakh conflict and the problems of refugees and internally displaced persons as a result of this conflict, improvement of their living conditions, AzerTag reports.

    The Deputy Prime Minister said the relations between the two countries based on solid foundation. He thanked the Korean government for humanitarian aids and development of organizations in Azerbaijan for IDPs and refugees to alleviate their plight.

    Ali Hasanov said relations in the cultural area are actively progressing between Azerbaijan and Korea, stressing Choi Suk-inn's contributions to this with many events during his diplomatic tenure in the country.

    The Deputy Prime Minister wished outgoing Ambassador success in his future activities.

    Choi Suk-inn said his country is always interested in return of Azerbaijani IDPs and refugees to their homelands. He hailed Azerbaijan's rapid economic development, the country's earning solid reputation in a short period of time at the global scale, and the works carried out to improve social conditions of IDPs and refugees. The Ambassador noted that economic relations between the two countries would continue to grow in the future. He expressed hope that many Korean companies will operate in Azerbaijan as well. The Ambassador said he will leave the country with good impressions
  • Works by Mehriban Efendi included in Italian ''Byblos'' studio catalogue
    07.10.2015 11:29
    /By AzerNews/

    By Amina Nazarli

    The artwork of Azerbaijani artist Mehriban Efendi will be included in the latest catalogue of the Italian ''Byblos'' studio.

    The catalogueв's release is scheduled for June 2016. The head of the studio, Salvatore Constantine, personally sent an invitation to the national artist to invite her to share her works in the upcoming edition.

    The catalogue will be presented at prestigious museums throughout the world, which are included in National Geographicв's top ten. Moreover, significant museums like the Metropolitan, the Smithsonian Institution in the U.S., the Louvre, Hermitage and others will also put her works on display.Efendi informed local media that the "Particula Coimbra" and "Multimedia Poros" museums located in the Portuguese city of Coimbra will host a surrealist exhibition.

    The event, organized by the state organization "Condeixa Municipio" will involve 64 artists from 30 countries, and Efendiв's works will also be featured at the exhibition.

    The exhibition will be held as part of the "Surrealism Now" project by the "Bissaya Barreto" foundation, which has been ongoing since 2010.

    Meanwhile, Efendiв's most famous picture '" ''Impression'' '" is being featuring at the newly opened ''Coop Art Gallery'' in Slovakia.

    Mehriban is the winner of the prestigious Sandro Botticelli (named after the Italian painter of the Early Renaissance) award called ''For art and talent'' in 2014.

    Her first solo exhibition was held in the United States in 2005. Then she participated in an exhibition titled "Art and Awareness" in Montana; a few of her works were further displayed on large electronic billboards in the "Art Takes Times Square" exhibition in Time Square, New York.

    Her work, "Harmony," was presented at this exhibition and was published in the book "Art Takes Time Square." It was recognized as one of the best paintings throughout the world in 2012.

    Efendi took part in an international exhibition organized by Australian artist Paris Saint-Martin, becoming one of the top ten computer artists of 2003. The artist's piece was presented at an international exhibition in the Netherlands in 2009. Efendi was selected as one of the 56 best surrealist painters in the world in 2010.

    Since 2010, the outstanding artist has participated in the ''International Surrealism Today'' project, which joins the artists from Europe, Asia, North and South America.

    She also put her works on display at the Art of the World gallery in Muskegon city in the U.S. and the artist received an invitation for a long-term collaboration with the gallery.
  • Fargana Gasimova: from her fatherв's shadow to mugham master
    07.10.2015 11:28
    /By AzerNews/

    By Amina Nazarli

    Her unique voice purifies soles, embraces listeners with her unique aura and leads them to a world of spirituality. Majestic mugham is her strong and magic tool to win over hearts. Her voice eclipses every murmur; everything abates when she performs....

    Her mellow, yet commanding voice flowed into the hearts of her audience even after her very first performance with her father -- the world famous Azerbaijani mugham singer, Alim Gasimov.

    Fargana Gasimova, then a young and talented mugham star, gained popularity for her brilliant performances of the Azerbaijani folk music, listed in UNESCO's cultural heritage list.

    Her father has always been the major driver of her professional life and career. She grew up with the captivating sounds of mugham and verses from the classical poetry of Azerbaijan. Since the age of four, Fergana often performed alongside with her father at home.

    "There was never any question about my being given to a teacher... Music was always just a part of everyday life. I sang with my father for fun, and it was only when I was around seventeen years old that I seriously understood that Iв'd be a musician,'' she said in an interview with Aga Khan Trust for Culture.

    Fargana first gained publicity in 1995, when at the age of sixteen, she joined her already distinguished father in a concert tour of Germany for the first time. Since then, she has been performing frequently with her father at many of the most prestigious music stages in both Azerbaijan and abroad.

    The joyful spirit of Alim and Fargana Gasimovв's homespun styles have left their mark on the very form of the music, particularly on the exquisitely disciplined balance between memorization and extemporization that is an essential part of the art of mugham.

    ''We never put before ourselves the aim of singing mugham in the form of a duet or carrying out any kind of reform,'' said Alim Gasimov of the sinuous vocal arrangements he performs with Fargana. ''Rather, what we do appeared spontaneously in the process of rehearsing. We liked it, and we started to practice it.''

    With their unique performance style, combining a deep knowledge of the centuries-old rules of mugham with challenging innovations, the duo never ceases to surprise their fans. Their style is distinguished by an extreme intensity that mesmerizes audiences.

    Fargana stresses that the duet and national mugham in general are very well liked outside of the country. ''Foreigners accept our mugham as a means of soul purification and get great pleasure from this,'' she said.

    By the age of twenty, she had become a fully-fledged singer in her own right and Gasimov decided to introduce his daughter to his ensemble.

    "Although I am her father, we have taken the journey in mugham together. Though I had begun earlier, it was with her birth that my own work became serious, or professional. Before then, I was just a playful young man in love with mugham," Gasimov said in an interview with Al-Ahram Weekly.

    In 2002, Fargana made her first appearance as a soloist at the Women's Voices Festival in Belgium.

    She released ''Yalniz Ona Doghru,'' which became her first album in 2014 and in the same year, the singer gave her first solo concert in Baku.

    Under his father's guidance, Fargana aims to reconnect younger generations with mugham.

    She travels the whole world together with her father and her every performance imprints her audiences with something charming and mythical, but still inexplicable.

    Fargana performed at the ''The Spirit of the East'' concert, composed and directed by Israeli Mirzahi musician Peretz Eliyahu and Mark Eliyahu in 1999. Later she recorded and released Central Asian Series, Vol. 6: Spiritual Music of Azerbaijan with her father in 2007.

    She also took the opportunity to perform in New York City in 2005 as part of Yo-Yo Ma's Silk Road Project and has been part of various concerts and festivals in Sweden, Japan, France, Austria, Belgium, England, Italy, and Poland, earning a reputation of a master of mugham.

    Fargana was twice issued a presidential award for developing Azerbaijani music in 2012 and 2014 respectively.

    To those who are not yet acquainted with the charming voice of the young star, you have chance to experience this splendor at her solo concert at the International Mugham Center on October 9.
  • Azerbaijani gas supplies to Europe to begin in 2022-2025 '" GECF
    07.10.2015 11:18
    Azerbaijani gas supplies to Europe will begin in 2022-2025, Secretary General of the Gas Exporting Countries Forum (GECF) Seyed Mohammed Hossein Adeli said in an interview with the "Izvestiya" Russian newspaper.

    He said that Azerbaijani gas supplies to the EU will begin no earlier than in 2022-2025, while the supplies of Iranian gas will begin even later.

    The GECF secretary general said that the natural gas from Azerbaijan is the alternative to Russian gas for Europe. In connection with this, the construction of Trans-Anatolian Gas Pipeline (TANAP) is underway, which is designed to supply Azerbaijani gas from the Shah Deniz field through Turkey to Europe, he said.

    "According to my observations, Iran wants to resume its liquefied natural gas supply, as it would be more profitable for it to supply gas to Asia across the Arabian Sea," he said. "The project of the Iranian gas supply through Turkey is a long-term prospect and there are no prerequisites for it for now."

    He also said that after the start of supply of Azerbaijani and Iranian gas, Europe's dependence on Russia will reduce.

    "Right now, about one third of the gas consumed by the EU comes from Russia (according to the evaluation of the European Commission, the Russian gas last year accounted for 42 percent of the EU gas imports) with the emergence of TANAP and an increase in the proportion of long-term liquefied natural gas (LNG) spot supplies will fall to 25-28 percent," said the secretary general. "Not only the GECF understands it, but also the EU."

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  • Bank Standard data security in line with best world standards
    07.10.2015 11:11
    Baku, Azerbaijan, Oct.7


    Bank Standard has successfully passed an audit and received the certificate of conformity PCI DSS v. 3.1. - Payment Card Industry Data Security Standard. The auditing company was Sysnet Global Solution.

    The PCI DSS certificate confirms that Bank Standard complies with protection standards of information infrastructure which ensures security of confidential data processing of transactions that use cards. Thus, the Bank has made yet another step to create an integrated system of data security that complies with the highest world standards.

    According to PCI DSS requirements, the Bank has proved full compliance of storage, processing and transfer of payment card owner's data/information. In today's world such comprehensive approach to protect confidential data is becoming the only effective way to protect organizations from crimes that are committed in card industry and compliance with PCI DSS standards is mandatory for all the companies - banks, processing centers, financial and trade-service organizations that work with international payment systems.

    PCI DSS standard was developed by the PCI SSC (The Payment Card Industry Security Standards Council), which is currently represented by five major payment brands: Visa, MasterCard, American Express, Discover and JCB. The present standards describe all requirements to protect financial data for organizations that use e-payment cards. The certification on highest security level which is required from service providers can be carried out only by an audit firm that has Qualified Security Assessor (PCI QSA) status. The possession of such certificate indicates that a vendor fully complies with the highest standards of data security.

    Bank Standard has become one of the few banks in Azerbaijan whose protection standards have been acknowledged by international experts. Ensuring customers' data security is an important part of the job for Bank Standard. The possession of PCI DSS certificate indicates that measures and processes undertaken by the Bank to protect critical data is in line with the best international standards and the Bank customers can be confident in the stability of the payment service security system.

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  • Azerbaijan to develop cattle breeding and artificial insemination services
    07.10.2015 11:02
    The UN Food Agriculture Organization (FAO) starts implementation of Pedigree Cattle Breeding Development Project in Azerbaijan.

    Relevant agreement on the project was signed by Agriculture Minister Heydar Asadov and FAO country representative Mustafa Imir, the Ministry of Agriculture of Azerbaijan said, AzerTag reports.

    "The two-year project includes seed and breeding work, improvement of the efficiency of livestock services breeding livestock with the aim of improving livestock productivity and growth of income of farmers," the Ministry stated.

    According to the Ministry, the project also envisages to create an association of experts in the field of artificial insemination.
  • Azerbaijani wrestlers to compete in Cup of Nations in Moscow
    07.10.2015 10:45
    The participants of the team Cup of European nations in Greco-Roman, women's and freestyle wrestling due in Moscow on November 6-8 have been specified.

    According to Oxu.Az, the national team of Azerbaijan will compete in all three kinds.

    The national team of Azerbaijan will compete Russia, Ukraine, Germany, Belarus and Turkey in Greco-Roman wrestling, Russia, Ukraine, Belarus, Poland and Turkey in women's wrestling, Russia, Turkey, Georgia, Belarus and Poland in freestyle wrestling.

    Six best squads in each style have got the right to compete in Moscow by results of the first-ever European Games held in Baku in summer.
  • 6th International Caspian Air Cargo Summit opens in Baku
    07.10.2015 10:27
    The 6th International Caspian Air Cargo Summit 2015 has started in Baku, AzerTag reports.

    The forum brings together representatives of international organizations, experts, managers, and specialists of the largest airlines and cargo terminals for the sixth time to discuss options for the development of the industry and identify the most promising areas in the air cargo market, according to Euroavia.

    The forum was organized by the Azerbaijani company Silk West Airlines, which now ranks among the members of the elite club of the largest carriers, and Euroavia International with the support of AZAL.

    Silk Was Group, Silk Way Airlines, Boeing, AviationPlus, Cargolux and Chapman Freeborn.

    The 6th Caspian Air Cargo Summit 2015 is the largest and most comprehensive aviation event in the region, bringing the international air cargo market leaders to Baku. The ideal one-stop platform to find out about the latest developments globally and especially in CIS/Central Asia and its growing significance in the global aviation industry.

    This year's event especially focuses on the oil amp; gas industry, the future of freighters and improving the perishables air freight supply chain.

    In Azerbaijan, transport aviation has received priority development in the last decade. Now the country's fleet consists of the most modern aircraft from leading aircraft manufacturers including giants such as Boeing 787-8 Freighter.

    Thanks to the creation of the region's largest logistics complex at the Heydar Aliyev International Airport, Baku has become a recognized center for air travel, providing timely delivery of goods to all corners of the world.
  • Turkey: 22 held in anti-terror raids across 6 provinces
    07.10.2015 10:09
    Turkish security forces detained at least 22 people during anti-terrorist raids carried out simultaneously across six Turkish provinces on Tuesday, Turkish security sources said.

    The operations were carried out in Istanbul, Ankara, Konya, Van, Isparta and Agri provinces early morning that specifically targeted members of the PKK-affiliated terrorist organization, Kurdish Communities Union (KCK), the sources added.

    Several teachers, university students and public officials were said to be among the 22 suspects detained, Anadolu agency reports.

    There have been several arrests across Turkey since the July 20 Suruc suicide bombing that killed 32 people; most of the suspects detained since then have alleged links to the terrorist groups PKK, KCK, Daesh as well as the Revolutionary People's Liberation Party-Front.
  • Georgia sends first cargo train to Azerbaijanв's Vale station
    07.10.2015 10:08
    Georgian Railway is launching a new cargo transit route to Vale railway station in Azerbaijan.

    Today Azerbaijani's Vale railway station received its first cargo train from Georgia.

    Wagons loaded with coal were emptied in the new truck terminals.

    In the near future it was planned to transit wheat and other products from Georgia to Azerbaijan, announced the Government of Georgia.

    The railways infrastructure that linked Georgia to Azerbaijan's Vale railway station has not been functioning for several years.
  • Azerbaijani manat strengthens against US dollar, falls against euro
    07.10.2015 10:03
    Baku, Azerbaijan, Oct.7


    The official exchange rate of the US dollar and euro to Azerbaijani manat was set at 1.0478 manats and 1.1817 manats, respectively as of Oct.7.

    Below is the exchange rate of Azerbaijani manat compared to these currencies on Oct.7, according to the Central Bank of Azerbaijan.


    Oct.6, 2015

    Oct.7, 2015

    1 US dollar

    1 USD



    1 euro

    1 EUR



    Story still developing

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  • Armenia breaks ceasefire with Azerbaijan 70 times
    07.10.2015 10:01
    Baku, Azerbaijan, Oct.7


    Armenian armed forces have broken the ceasefire with Azerbaijan 70 times in various parts of the contact line between Azerbaijani and Armenian armies in the last 24 hours, Azerbaijani Defense Ministry said Oct.7.

    Armenian military used heavy machine guns and mortars to shell Azerbaijani troops' positions.

    Armenian armed forces opened fire at the positions of Azerbaijani armed forces from the positions located near the villages of Tapgaragoyunlu, Gulustan of Goranboy district, Chileburt, Goyarkh, Gizil Oba of Terter, Sarijali, Kengerli, Merzili, Shikhlar, Yusifjanly of Aghdam district, Kuropatkino of Khojavend, Horadiz, Gorgan, Ashagi Seyidahmadli, Ashagi Abdurrahmanli, Ashagi Veyselli of Fizuli district and Mehdili of Jabrayil district.

    Another ceasefire violation came from the positions located on the nameless heights of Goranboy, Khojavend, Fizuli and Jabrayil districts.

    Azerbaijani armed forces carried out 95 strikes on enemy positions.

    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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  • Azerbaijan, Iran agree on financing as part of railway project (exclusive)
    07.10.2015 09:59
    Baku, Azerbaijan, Oct. 6

    By Temkin Jafarov, Maksim Tsurkov - Trend:

    Azerbaijan and Iran have agreed to finance the construction of the Astara (Iran) Astara (Azerbaijan) railway line and railway connection between the two countries as part of the North-South international transport corridor, Abbas Nazari, the head of the international transport department of the Iranian State Railway, told Trend exclusively.

    He said that the financing would be one of the important tasks of the working group established to accelerate the work on the railway line construction.

    "The length of this railway section is 10 kilometers," he said. "Some 8 kilometers of them pass through the territory of Azerbaijan, 2 kilometers - via the territory of Irand. It is necessary to build a railway bridge on the border between the two countries to connect these roads. The cargo from Azerbaijan will be transported to the terminal in the territory of Iran's Astara, thence transported to Qazvin. The cargo will be transported by railway from Qazvin to the Persian Gulf countries and in the opposite direction."

    "The construction of an eight-kilometer Azerbaijani section of this railway will be financed by Azerbaijan, a two-kilometer Iranian section by Iran," he said. "The bridge construction will be jointly financed. The exact amount of investments is unknown. But according to the international experience, about $2 million are spent per kilometer. Totally, an investment amount will hit $20 million."

    He said that the working group would also consider the financing of the Rasht-Astara section construction.

    "It was decided that the working group will analyze the ways to provide construction financing and the completion of the Rasht-Astara project and accelerate the work," said Nazari. "It is not known whether the project will be funded by the government, banks or credit institutions, no meetings have been held in this regard."

    He went on to add that work on the Qazvin-Rasht section also nears completion.

    "This section will be commissioned in about a year and a half," Nazari said. "Once the issue of funding is finally resolved, the work on the Rasht-Astara site will begin. The length of this site is about 175 kilometers, its construction will take up to three years. The entire Qazvin-Rasht-Astara site is a strategically important route. The construction of this road was planned in Soviet times," said Nazari.

    He said that the opening of the corridor will make it possible to decrease terms of transportation of goods from Russia to India more than twice.

    "If cargo transportation from Russia to India by sea takes 45 days, this time period will be reduced to 20 days after the launch of the corridor," said Nazari. "In addition, the project will make it possible to obtain more than 30-percent gain in economic terms, since in spite of the fact that marine transportations are cheaper, rail transportation costs will fall due to reduction in distance. The will of all the parties involved in the project is needed for its implementation."

    The North-South transport corridor will connect Northern Europe to South-East Asia. It will serve as a bridge to connect the railways of Iran, Azerbaijan and Russia.

    According to preliminary estimates, its capacity will be 1.4 million passengers and 5-7 million metric tones of cargo a year. Around 22 tunnels and 15 bridges will be built throughout the railway. Around 15 tunnels have already been constructed.

    The volume of cargo transportation through the corridor will amount to 6 million metric tons in the initial stage and will reach 15-20 million metric tons in the future.

    Edited by CN


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  • Chief of General Staff of Turkish Armed Forces visits Azerbaijani Parliament
    07.10.2015 09:37
    Chief of the General Staff of the Turkish Armed Forces, Army General Hulusi Akar has visited Azerbaijani Parliament to meet Speaker Ogtay Asadov.

    Mr. Asadov offered condolences to families and relatives of those who died in terror acts in Turkey, and wished those wounded recovery. The Speaker applauded Azerbaijani-Turkish ties, stressing the role of heads of states in developing the bilateral relationship, AzerTag reports.

    Mr Asadov highlighted military cooperation between the two countries, and emphasized the significance of holding joint military trainings.

    The Turkish Chief of General Staff also praised the two countries` military cooperation.
  • Azerbaijani, Russian railways authorities discuss prospects for cooperation
    07.10.2015 09:36
    Chairman of Azerbaijan Railways Javid Gurbanov has met President of the Russian Railways Oleg Belozerov to explore ways of expanding the bilateral cooperation, AzerTag reports.

    Mr Gurbanov gave detailed information about the implemented projects, as well as future goals of Azerbaijan Railways.

    They also discussed the development of the railways network, and how to increase the volume of goods and passengers transportation through the territory of Azerbaijan and Russia.
  • President of Azerbaijan inaugurates several facilities in Goychay
    07.10.2015 09:28
    President of Azerbaijan Ilham Aliyev visited Goychay, APA reports.

    The head of state laid flowers at a statue of national leader Heydar Aliyev in Goychay city center.

    Head of Goychay District Executive Authority Mubariz Aghayev informed the President of the landscaping and construction work in the district.

    The Youth Center, Flag Square, Flag Museum, a fountain complex were built in the territory of the Heydar Aliyev Center.

    President of Azerbaijan Ilham Aliyev attended the opening of the Youth Center in Goychay, APA reports.

    The head of state cut the ribbon symbolizing the opening of the center.

    President Ilham Aliyev then viewed the conditions created here.

    The head of state was informed that high-quality construction work was carried out in the two-storey building, which occupies an area of 3,400 square meters.

    All necessary conditions were created here for youth. A bust of national leader Heydar Aliyev was erected in the foyer of the center. The foyer also was decorated with the photo stands reflecting the visits of national leader Heydar Aliyev to Goychay and his meetings with residents. There are also photo stands depicting President Ilham Aliyev's life and activity, as well as his meetings with youth.

    The center houses a bowling hall, golf, intellectual games rooms, a cafe, dance and photo studios. It provides foreign language, painting, carpet-making, polygraph and sculpture courses.

    The center has a 60-seat meeting hall and a 15-seat conference hall.

    The head of state hailed the conditions created in the center, and gave his instructions and recommendations.

    President of Azerbaijan Ilham Aliyev reviewed the conditions created in the Flag Square complex as part of his visit to Goychay, APA reports.

    The construction of the Square started this April.

    The head of state was informed that the flag flies on a 66 meter high pole, and measures 12 by 24 meters.

    Extensive landscaping and construction work was carried out in the territory of the Flag Square.

    The head of state also viewed the Flag Museum.

    President of Azerbaijan Ilham Aliyev attended a ceremony to start the supply of drinking water to the city of Goychay, APA reports.

    The head of state viewed the stands reflecting the master plan of the project to reconstruct the water supply and sewage system of Goychay.

    Chairman of Azersu Gorkhmaz Huseynov informed President Ilham Aliyev that the project aimed to improve water supply and sewerage system for 43,000 residents of the city of Goychay.

    The implementation of the project started in 2008, and will be completed in 2016.

    The project saw the construction of a 123 km long sewage system in the city. It will also include the construction of a waste water cleaning facility with the daily capacity of 20,000 cubic meters.

    After reviewing the project, President Ilham Aliyev launched the installation to start the supply of drinking water to the city of Goychay.

    President of the Republic of Azerbaijan Ilham Aliyev has attended the inauguration of a new administrative building of Goychay District branch of the New Azerbaijan Party, APA reports.

    The head of state cut the ribbon to officially open the building.

    President Ilham Aliyev then viewed the conditions created here.

    A bust of national leader Heydar Aliyev was installed in the foyer of the building. There are also photo stands reflecting the New Azerbaijan Party-related activity of the founder of the party, national leader Heydar Aliyev and its chairman, President Ilham Aliyev.

    The building houses an assembly hall, e-library, as well as offices of Women's Council and Youth Union of the district branch. The new building also has a 120-seat conference hall for holding different events.

    The head of state was informed that Goychay District branch of the New Azerbaijan Party has 7,663 members, including 4,378 women and 3,006 young people.

    President of Azerbaijan Ilham Aliyev attended the opening of a chess school in Goychay, APA reports.

    The head of state cut the ribbon symbolizing the opening of the school.

    Photo stands reflecting national leader Heydar Aliyev's and President Ilham Aliyev's meetings with sportsmen, including chess players were installed in the foyer of the building.

    The President was informed that the building of the school was constructed in 1983. The reconstruction work started here in 2014.

    The building houses a 60-seat competition hall, computer and teachers' rooms, and three classrooms.

    The head of state was informed that the school enrolls 251 pupils who are served by 11 teachers.
  • Minister: Poland ready to take part in Iran energy efficency projects (EXCLUSIVE)
    07.10.2015 08:03
    Baku, Azerbaijan, Oct. 6

    By Dalga Khatinoglu- Trend:

    Polish economy minister says his country is willing to take part in Iran's energy efficiency projects.

    Janusz Piechocinski told Trend on Oct.6 that renewables and green technologies are the spheres in which the Polish companies can also engage in Iran.

    Iran consumes approx. 2 billion barrels of oil equivalent (OE) annually, with more than 20 percent of which being wasted before reaching final consumers. Iran's annual total primary energy consumption stands at 1.6 billion barrels of OE, of which natural gas and oil' shares stand at 67 percent and 33 percent respectively.

    Mohammad Mirzaei, Head of Equipment and Housing Sector at Fuel Conservation Organization, affiliated with Iran's oil ministry, told Trend on Sep.16 that Iran plans to halve its energy intensity by 2021 while the required investment to achieve this goal is estimated at $200 billion in total.

    The country planned to optimize 600,000 engine rooms. Around 20 million heaters are active in Iran, consuming 1500 cubic meters on average each annually. Iranian households consume 91 bcm/a of natural gas, which constitute 50 percent of total gas usage.

    On the other hand, Iran produces 210 billion kWh of electricity, production of which consumes 50 bcm/d of gas and 20 billion liters of liquid fuels, while its power plants' efficiency stands at 37 percent on average only.

    Piechocinski, leading a business delegation consisting of, inter alia, pharmaceutical, chemical and railway executives, visited Iran on Sep.26-27.

    Chairman (a Pole) of the Inland Transport Committee at the UN Economic Commission for Europe (UNECE), Jerzy Kleniewski said on Oct.4 in Tehran that Poland is planning to invest 60 billion euros in road construction and 40 billion euros in railway construction in the next seven years.

    "Poland has significant achievements in road and railway construction, and it wishes to share its experience with Iran," he said.

    Mirzaei said that Iran also plans to import 17,000 and 140,000 LNG buses and taxis respectively. Iran also plans to improve its rail transportation system to economize its current 13-billion-liter gas and oil consumption annually.

    Iran's Deputy Minister of Roads and Urban Development and CEO of Iranian Railways, Mohsen Pour Seyed Aghaei announced on Oct.5 that Iran's railroad projects need $30 billion investment.

    As regards the railway projects, Piechocinski who also serves as the deputy prime minister, told Trend that "Iran enjoys a strategic location in the Middle East which provides excellent opportunities for launching rail connections to the Central Asian countries [hellip;] These projects will need significant investment. We are ready to cooperate in the supplies of rolling stock, construction materials, steel profiles, etc."

    He also said that the Polish companies are willing to cooperate with Iran in the following sectors: raw materials and fuel industry, food/ food processing industry and agricultural equipment, medical devices, consumer electronics, household appliances, etc.

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  • Obama makes pitch to win support for Pacific trade pact
    07.10.2015 07:23
    U.S. President Barack Obama kicked off a sales pitch on Tuesday for a 12-nation Pacific Rim trade agreement, urging farmers to push their lawmakers to approve what he said would boost their sales in a fast-growing region, Reuters reported.

    Although ultimate winners and losers from the Trans-Pacific Partnership (TPP) are still unclear, some Republicans are worried about its impact on industries including dairy, tobacco and pharmaceuticals, highlighting the battle ahead to win votes.

    Obama was upbeat about winning support in the Republican-controlled Congress for the pact, which was announced early Monday.

    "Ultimately we're going to get this done, and it will be an enormous achievement for us to be able to make sure that 40 percent of the world's economy is operating under rules that don't hurt us," Obama told agricultural and business leaders gathered at the U.S. Agriculture Department.

    The White House said it was the first in a series of public appearances for Obama on the issue. He needs to garner enough support from Republicans to overcome skepticism from members of his own party.

    Early reaction from lawmakers was not encouraging, although they stressed they were waiting on details.

    Senate Majority Leader Mitch McConnell saw "a number of troubling parts" in the deal, and Senate Finance Committee Chairman Orrin Hatch said the administration could lose "quite a few" Republican votes.

    Hatch said it was a mistake that U.S. negotiators had not secured a minimum 12-year monopoly for the manufacturers of next-generation biological drugs and held out the option of trying to re-open the deal.

    North Carolina Senator Richard Burr who, like McConnell, comes from a tobacco-growing state was upset by rules targeting tobacco companies' ability to take legal action over anti-smoking laws.

    "I'd say they are going to come up woefully short (of votes) based on the (agricultural) community," he said.

    Farmers and key business groups have yet to give their verdict on the deal.

    But Obama spoke directly to farmers in a radio program carried on almost 400 stations in the U.S. Midwest, pledging the deal would be a "boon" for selling more beef in Japan and Vietnam. He asked for help selling the TPP to lawmakers.

    "I think that if the agricultural community is strong and pushing on this issue, that will be an enormous, enormous base from which we can get this thing passed," Obama said in the interview with Brownfield Ag News.

    "Make sure that you push Congress hard because this is a generational deal that you don't want to pass up," he said.

    Lawmakers from manufacturing regions hit by past free trade deals also have concerns. Ohio Senator Rob Portman, a former U.S. trade representative, criticized a lack of "teeth" in preventing countries from devaluing their currencies to make their exports cheaper.

    Obama said in an interview with radio show Marketplace that it was a good starting point that TPP countries agreed on a set of principles on how to measure currency manipulation.

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Exchange Rates of Central Bank