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Bets on for who will be next pope
14.02.2013 09:55
A A
As soon as Pope Benedict XVI announced he was resigning at the end of February, British bookmakers were giving betting odds on his possible successor.

There are 118 eligible members of the College of Cardinals who can attend the Papal Conclave in March to choose the next Bishop of Rome from among their numbers.

And while some predictions have been accurate вЂ" Joseph Ratzinger was widely tipped by bookmakers in 2005 вЂ" no-one anticipated his predecessor Karol Wojtyla’s surprise election in 1978.

/HurriyetDailynews/
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    "If we get involved in such a struggle, we expect from friendly and ally countries to stand by us," he said.

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  • Ilham Aliyev: Severe pollution of Araz river by Armenia is threat to all of us
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    Baku, Azerbaijan, Feb. 13

    Trend:

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  • Azerbaijani-British political consultations held in UK
    13.02.2016 20:17
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    http://www.today.az/pictures/pic147854.jpg
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    /By Azertac/
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    http://cdn.trend.az/pictures/2014/02/07/nursultan-nazarbaev.jpg
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    31
  • UK invests $23B in Azerbaijan, minister says
    13.02.2016 17:35
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    http://www.today.az/pictures/pic147845.jpg
    /By Azernews/

    By Aynur Karimova

    The United Kingdom, the largest foreign direct investor in Azerbaijan, followed by the U.S. and Japan, has invested more than $23 billion in Azerbaijan's economy.

    This was announced by Azerbaijan's Economy and Industry Minister Shahin Mustafayev at the first meeting of the intergovernmental commission on economic cooperation between Azerbaijan and the UK in London on February 11.

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    Azerbaijan cooperates with the UK in the exploration and transportation of oil and natural gas from the Azerbaijani part of the Caspian Sea.

    To date, the two countries have signed 24 documents.
    24
  • Azerbaijan`s Minister of Energy meets French Ambassador
    13.02.2016 17:34
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    Azerbaijan`s Minister of Energy Natig Aliyev has met French Ambassador to the country Aurelia Bouchez.

    Mr. Aliyev praised relations between the two countries, stressed the importance of reciprocal visits of the heads of states in strengthening these ties. The Minister appreciated that as the indicator of mutual understanding. Mr. Aliyev said the French companies actively operate in Azerbaijan`s oil-gas and oil producing industry. ''Cooperation with ''Total'' and ''Gas de France'' companies in ''Absheron'' field is contribution to the relations in energy sphere,'' he added. The Minister noted there were comprehensive opportunities for developing cooperation with France in energy field.

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    9
  • Investors buy Azerbaijani finance ministryв's bonds worth over $16M
    13.02.2016 17:32
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    Baku, Azerbaijan, Feb. 13

    By Anvar Mammadov - Trend:

    On February 12, 2016, the short-term and middle-term state bonds of the Azerbaijani finance ministry (ISIN number AZ0104002479) were placed at the Baku Stock Exchange (BSE), the exchange said.

    The bids for short-term bonds were made by two companies and a total volume of all bids was $16.415 million.

    The bonds were bought at five percent and 2.99 percent, accordingly.

    The maturity date of bonds is Feb. 10, 2017.

    Term of circulation of bonds is 364 days.

    The auction for medium-term bonds has been recognized by the issuer as failed. As part of the auction, one bid in the amount of $2 million was made.

    In late January, the Azerbaijani State Securities Committee registered two issue prospectuses of the state short-term and medium-term bonds of the finance ministry for a total amount of 400 million manat, as well as two issue prospectuses of state bonds in the amount of $500 million.

    The finance ministry said that the bonds will be placed during the year.

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    8
  • Youth enjoy new entrepreneurship opportunities
    13.02.2016 16:55
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    http://www.today.az/pictures/pic147844.jpg
    /By Azernews/

    By Fuad Guliyev

    Azerbaijan is exploring new ways to tackle the economic difficulties and all new ideas are welcome.

    Youth Inc. Business Incubation Center is a youth entrepreneurship program proposed by the youth of the nation to the president of the Republic of Azerbaijan Ilham Aliyev during the meeting dedicated to the 20thВ Anniversary of the Youth Forum. It is founded by the Coca Cola, Ministry of Youth and Sports, as well as a public organization named Civil Society Debate.

    According to the program manager Mushvig Hasanov Youth Inc. has been active in this field since its foundation in 2013. Primary goal of the organization is to support the young entrepreneurs, new firms in high technology industries, boost start ups and enable technology transfer. This project is part of the ''Youth of the Azerbaijan in 2011-2015'' State Program. During last 3 years Youth Inc. trained well over 5,000 young entrepreneurs.

    President Ilham Aliyev appraised the activities of Youth Inc. and added that so far a large amount of long term loans, worth of 1.7 billion manats (around $1 billion) were lent to the entrepreneurs and another 250 million manats ($157 million) are planned to be lent. The president also added that such organization of young entrepreneurs is welcome and currently business incubators are being created in Baku and regions. Young entrepreneurs are essential part of the development of many different aspects of the economy of Azerbaijan.

    Further developing the idea, Farhad Hajiyev, the executive director of the Youth Fund, added that to this date Fund supported 2.333 business projects both in Baku and the regions.

    Youth entrepreneurship is especially important in the perspective of the need for stressing taxes as an important source of budget revenue in the period of shrinking oil and gas revenues.
    15
  • Azerbaijani oil prices for Feb. 8-12
    13.02.2016 16:52
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    Baku, Azerbaijan, Feb. 13

    By Maksim Tsurkov - Trend:

    The average price for AZERI LT CIF, extracted on the block of Azerbaijani fields Azeri-Chirag-Guneshli, was $32.4 per barrel on Feb. 8-12 or $2.62 per barrel less than the previous week.

    The maximum price for AZERI LT was $34.26 per barrel and the minimum price was $30.43 per barrel during the reporting period.

    Azerbaijan sells AZERI LT via the Turkish port of Ceyhan and Georgian ports - Batumi and Supsa. The oil is supplied to Ceyhan via the BTC pipeline and to Georgia - via the Baku-Supsa pipeline and railway.

    Azerbaijan plans to extract an average of 0.87 million barrels of Azeri Light per day in 2016.

    The average price for Urals (Ex-Novo) exported from Azerbaijan via the Novorossiysk port was $28.09 per barrel on Feb. 8-12 or $2.43 per barrel less than the previous week.

    The maximum price for Urals totaled $29.98 per barrel and the minimum - $26.04 per barrel.

    Azerbaijan sells oil supplied via the Baku-Novorossiysk pipeline through this Russian port.

    SOCAR plans to pump 1.4 million tons of oil through the pipeline in 2016.

    The average price for Brent Dated was $30.4 per barrel on Feb. 8-12 or $2.05 per barrel less than the previous week.

    The maximum price for Brent was $32 per barrel and the minimum - $28.66 during the reporting period.

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    9
  • N Korea's actions only increase tensions on Korean Peninsula - Lavrov
    13.02.2016 16:43
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    Increased tensions on the Korean peninsula are caused by the North Korean leadership's irresponsible and unacceptable actions, Russian Foreign Minister Sergei Lavrov said Saturday, Sputnik reported.

    "The situation on the Korean peninsula has dramatically worsened recently as a result of the irresponsible and absolutely unacceptable actions by the DPRK leadership," Lavrov said at the Munich Security Conference.

    "However, there is a tendency here as well to resort to unilateral steps mdash; bypassing the UN Security Council mdash; to punish Pyongyang and increase foreign military presence in the region at the expense of teamwork and de-escalation through existing negotiating mechanisms," he added.

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    9
  • Azerbaijani president, German FM discuss Karabakh conflict
    13.02.2016 16:13
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    Baku, Azerbaijan, Feb. 13

    Trend:

    President of the Republic of Azerbaijan Ilham Aliyev met with Foreign Minister of the Federal Republic of Germany Frank-Walter Steinmeier in Munich Feb. 13.

    The sides expressed satisfaction with the successful development of bilateral relations between Azerbaijan and Germany. They stressed the importance of such meetings and visits in terms of the further development of the bilateral ties. It was noted that despite the ongoing international financial crisis and falling oil prices, Azerbaijan paid attention to developing its economy, particularly non-oil sector, and ensured the implementation of social programs.

    During the meeting, they discussed cooperation between Azerbaijan and OSCE, which is chaired by Germany this year, and exchanged views over the current state of the settlement of the Armenian-Azerbaijani Nagorno-Karabakh conflict.

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    15
  • Azerbaijani president meets with EU Commissioner
    13.02.2016 16:04
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    Baku, Azerbaijan, Feb. 13

    Trend:

    President of the Republic of Azerbaijan Ilham Aliyev met with EU Commissioner for the European Neighbourhood Policy and Enlargement Negotiations Johannes Hahn Feb. 13.

    Successful development of cooperation between Azerbaijan and the European Union was stressed during the meeting. The sides emphasized the importance of meetings and reciprocal visits in terms of intensifying the relations.

    They hailed successful development of Azerbaijan-EU energy cooperation, underlining the necessity of focusing efforts on this sector.

    They also exchanged views over other issues of mutual interest.

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    10
  • US wants '˜strong UK staying in a strong EUв': Kerry
    13.02.2016 16:04
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    The United States strongly backs Britain staying in the European Union as it gears up for a referendum on its membership, US Secretary of State John Kerry told an audience in Germany on Saturday, AFP reported.

    "Obviously, the United States has a profound interest in your success, as we do in a very strong UK staying in a strong EU," Kerry said at the Munich Security Conference.

    The British government is engaged in an intensive round of high-stakes diplomacy aimed at renegotiating the terms of Britain's EU membership before holding an in-out referendum.

    Prime Minister David Cameron is seeking to convince his 27 fellow EU leaders to back controversial reform proposals at a leaders' summit in Brussels on February 18-19.

    "The truth is, in every decade since its founding, the EU has been tested by forces -- internal and external -- that benefited from a house divided," Kerry said.

    "We know many Europeans feel overwhelmed by the latest round of challenges, including concerns about the UK's potential exit from the EU.

    "I want to express the confidence of the United Stateshellip; that -- as it has so many times before -- Europe is going to emerge stronger than ever, provided it stays united and builds common responses to these challenges."

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    8
  • Baku holds dress rehearsal for opening ceremony of Artistic Gymnastics World Cup
    13.02.2016 15:32
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    Baku, Azerbaijan, Feb. 13

    Trend:

    A dress rehearsal for the opening and awarding ceremonies of the Artistic Gymnastics World Cup was held at the National Gymnastics Arena in Baku Feb. 13.

    FIG Artistic Gymnastics World Cup will be held at the National Gymnastics Arena in Baku on February 19-21. The competitions on six types of gymnastics were also held at the National Gymnastics Arena during the first Baku 2015 European Games in summer 2015.

    Some 45 men and 22 women will compete for the medals in the finals on apparatus. In total, some 19 countries will participate in the competitions.

    The qualifications will be held on the first and second days of the competition. The finals on apparatus will be held on the final day of the Cup.

    The various competitions will be held among spectators during the competitions. The entertainment flash mobs will be also organized.

    Oleg Stepko, the bronze medalist of the World Championship (parallel bars), the only Azerbaijani sportsman, awarded with five medals during the first Baku 2015 European Games, as well as his teammate Petro Pahnyuk, will be among the favorites for the World Cup.

    Together they won a bronze medal in the team competition.

    Among women Azerbaijan will be represented by Yulia Inshina, Marina Nekrasova and Maria Smirnova.

    Trend presents a photo report from the recent rehearsal.

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    17
  • Turkmenistan approves new procedure for conducting tenders
    13.02.2016 15:23
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    Ashgabat, Turkmenistan, Feb. 13

    By Huseyn Hasanov- Trend:

    The Turkmen President Gurbanguly Berdimuhammadov signed a decree on approval of the new procedure for conducting tenders for selection of suppliers of goods, works and services for budget users, the Turkmen government said.

    The project of the document was introduced at the meeting of the Cabinet of Ministers.

    "Improving the procedure for conducting tenders for selection of suppliers of goods, works and services under the state order will promote fair competition in this area, as well as increase the volume of high-quality domestic products," said the president.

    The strengthening of national economy's legal basis, a systematic analysis of the legislation regulating economic relations in the country has great importance for the further development of the national economy, according to him.

    Turkmenistan, according to the BP's report, was ranked the fourth in the world for natural gas reserves and at this stage the country exports fuel to China and Iran. It was reported at the beginning of 2016 that Russia has stopped purchases of Turkmen gas.

    Ashgabat carries out the diversification of the local economy; the country actively develops the industries of textile, oil products, oil and gas chemistry, and for the production of building materials.

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    12
  • Iran, Japan hold talks on human rights
    13.02.2016 14:43
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    Baku, Azerbaijan, Feb. 13

    By Fatih Karimov- Trend:

    The 11th round of human rights talks between Iran and Japan was held in Tehran on February 13, Iran's ISNA news agency reported.

    The Iranian delegation was headed by Mansureh Sharifi Sadr, foreign minister advisor and the director of foreign ministry department for human rights and women's affairs.

    The two parties discussed policy and held measures regarding the human rights as well as issues of mutual concern.

    The Iranian and Japanese delegations also talked about the cooperation with the United Nations regarding the issue.

    The experts from the two sides also exchanged views about the judicial systems of their countries.

    The next round of the talks is scheduled to be held in Tokyo next year.

    The 10th Japan- Iran human rights dialogue was held in Tokyo in 2014.

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

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    22
  • Iran can use Georgiaв's transit potential
    13.02.2016 14:43
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    http://cdn.trend.az/pictures/2015/03/17/pipeline_170315.jpg
    Baku, Azerbaijan, Feb. 13

    Trend:

    Iran can use Georgia's territory for transit of energy resources, said Ivane Mtvralashvili, a member of the Board of Directors at the Georgia-Iran Chamber of Commerce and Industry (GICCI).

    Perspectives of the Georgian-Iranian trade and economic relations were discussed at the conference organized by the GICCI and held at the Tbilisi Marriott Hotel.

    The Georgian officials and Iran's ambassador to Georgia participated at the conference, Sputnik Georgia reported.

    "Trade and economic, industrial relations between Georgia and Iran have dynamically developed in the recent years," said Mtvralashvili adding that the abolition of visa restrictions for Iranian tourists gives an additional impetus to the development of these relations.

    "After the removal of sanctions on Iran money transactions will be restored and there won't be any problem with the arrival of a large Iranian capital to Georgia, which will also contribute to the deepening of trade and economic relations," he added.

    "The embargo on the export of oil and natural gas on Iran was removed and the use of Georgia's territory as a transit for energy resources is possible on this basis," he said. "We have great expectations that this relationship will also develop dynamically."

    The visit of the Georgian Prime Minister Giorgi Kvirikashvili to the Islamic Republic is expected in the near future, during which some important agreements will be signed, Iran's Ambassador to Georgia Abbas Talebifar said.

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    13
  • Azerbaijan, Korea discuss cooperation in customs field
    13.02.2016 14:16
    http://www.today.az/pictures/pic147840.jpg
    http://www.today.az/pictures/pic147840.jpg
    First Deputy Chairman of Azerbaijan`s State Customs Committee, Customs service Lieutenant-General Safar Mehdiyev has met newly-appointed Korean Ambassador to the country Kim Chang-gyu.

    Safar Mehdiyev highlighted current relations between Azerbaijan and Korea, adding there was great potential for boosting cooperation in various fields. He stressed the role of customs bodies in ensuring the economic security in the country.

    Mr. Mehdiyev stressed the importance mutual experience exchange in implementation of information communication technologies.

    Kim Chang-gyu, in turn, said the Korean government attached great importance to the cooperation with Azerbaijan, and highlighted the current state of ties between the two countries. The Ambassador stressed the importance of experience exchange and mutual activity for deepening the ties between the customs services of Azerbaijan and Korea. The diplomat said the customs service had crucial role in developing economic-trade bonds. The Ambassador expressed assurance that the bilateral bonds would further continue to develop between the relevant bodies of both countries.

    /By Azertac/
    11
  • International airport to be built in Ashgabat
    13.02.2016 14:13
    http://cdn.trend.az/pictures/2012/12/19/Airport_191212.jpg
    http://cdn.trend.az/pictures/2012/12/19/Airport_191212.jpg
    Ashgabat, Turkmenistan, Feb. 13

    By Huseyn Hasanov- Trend:

    A report on the progress of a new international airport's construction in Ashgabat was heard during a meeting of the Cabinet of Ministers, Altyn Asyr TV channel reported Feb. 13.

    The new airport includes 95 different facilities, 60 of which are large and 35 - small, according to the project.

    Currently, 31 objects are already commissioned and 31 objects are at the final stage of construction.

    "The Turkmen President Gurbanguly Berdimuhammadov instructed to keep a strict control on all the work carried out in the important infrastructure facility of the strategic transport sector," said the report. "The country pays special attention to the development of this infrastructure in the context to extend international cooperation and integration of Turkmenistan into the global system of world economic relations."

    It was earlier reported that Turkmenistan's national air carrier (Turkmenistan Airlines) signed a contract with the Turkish Polimeks company on this project. The cost of this project is estimated at more than $2.2 billion.

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    11
  • European Parliamentary delegation holds meetings in Azerbaijan
    13.02.2016 13:35
    http://www.today.az/pictures/pic147838.jpg
    http://www.today.az/pictures/pic147838.jpg
    A delegation led by Vice-president of European Parliament Ryszard Czarnecki and President of Alliance of European Conservatives and Reformists Jan Zahradil have held a number of meetings in Azerbaijan.

    The delegation met Parliament Speaker of Azerbaijan Ogtay Asadov who stressed the importance of boosting ties with the structures of European Union. The Speaker stressed the significance of this visit in terms of developing cooperation between European Parliament and Azerbaijan, adding, ''Reciprocal visits of delegations serve to further deepening ties.''

    Jan Zahradil, in turn, said the European Parliament always attached great attention to the relations with Azerbaijan. He said they would give necessary efforts to strengthening these bonds.

    The European delegation has also met Azerbaijani President`s Assistant for Public and Political Affairs Ali Hasanov.

    They discussed current state of relations among Azerbaijan, European Parliament and Alliance of European Conservatives and Reformists (AECR).

    The sides also exchanged views on role of AECR in developing Azerbaijani-EU relations.

    They spoke about the security and energy issues, as well as intensifying relations between Azerbaijan and the European Institutions.

    The delegation thanked the President of Azerbaijan for his support in solving the current problems in Europe, especially in transnational and regional issues.

    Ryszard Czarnecki said they would further continue to support the activities with friendship group of Azerbaijan in solving the Nagorno-Karabakh conflict.

    /By Azertac/
    19
  • Turkmenistan intends to launch second satellite
    13.02.2016 13:33
    http://cdn.trend.az/pictures/2015/06/06/sputnik_060615.jpg
    http://cdn.trend.az/pictures/2015/06/06/sputnik_060615.jpg
    Ashgabat, Turkmenistan, Feb. 13

    By Huseyn Hasanov- Trend:

    Turkmenistan is creating the second national artificial satellite, the government said Feb. 13.

    This project was considered at a meeting of the Cabinet of Ministers. Focusing on the creation of the second national artificial satellite, the president instructed to analyze the work in this direction, the statement says.

    Turkmenistan's first telecommunications satellite TurkmenAlem 52deg;E was launched Apr.28, 2015, from Cape Canaveral (Florida, US). It was brought to the space by Falcon

    9 v1.1 rocket carrier. The satellite entered its orbital position May 17.

    After the successful completion of all the tests, TurkmenAlem 52deg;E was officially handed by contractor Thales Alenia Space to Turkmenistan for operation.

    The satellite has three antennas covering a part of Europe, Africa and Asia.

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    8
  • Armenia violates ceasefire with Azerbaijan 128 times in 24 hours
    13.02.2016 13:22
    http://cdn.trend.az/pictures/2012/06/07/Karabax_albom_070612.jpg
    http://cdn.trend.az/pictures/2012/06/07/Karabax_albom_070612.jpg
    Baku, Azerbaijan, Feb. 13

    Trend:

    Over the past 24 hours, Armenian armed forces 128 times broke ceasefire with Azerbaijan on various parts of the contact line between Azerbaijani and Armenian troops, the Azerbaijani Defense Ministry said Feb. 13.

    Azerbaijani positions located on the nameless heights of the Gazakh district and in the Kohnegishlag village of the Aghstafa district underwent fire from the Paravakar village and the nameless heights of Armenia's Ijevan district.

    Azerbaijani positions located in the Alibeyli village of the Tovuz district also underwent fire from the positions located in the Mosesgeh village of Armenia's Berd district, and positions located on the nameless heights of the Gadabay district underwent fire from the positions located on the nameless heights of Armenia's Krasnoselsk district.

    Azerbaijani positions also underwent fire from the positions located near the villages of Talish, Gulustan of the Goranboy district, Goyarkh, Chilaburt, Chayli, Yarimja of the Terter district, Shikhlar, Bash Gervend, Novruzlu, Javahirli, Kengerli, Sarijali, Shuraabad, Nemirli of the Aghdam district, Kuropatkino of the Khojavand district, Horadiz, Garakhanbeyli, Gorgan, Ashagi Seyidahmadli of the Fizuli district, Mehdili of the Jabrayil district.

    Armenians also violated ceasefire from the positions located on nameless heights in the Goygol, Goranboy, Khojavand, Fizuli and Jabrayil districts.

    Azerbaijani armed forces inflicted 129 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 withdrawal of its armed forces from the Nagorno-Karabakh and the surrounding districts.

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    10
  • NATO: Inviolability of borders - fundamental principle of European security
    13.02.2016 12:42
    http://cdn.trend.az/pictures/2015/03/02/_jens_stoltenberg_020315.jpg
    http://cdn.trend.az/pictures/2015/03/02/_jens_stoltenberg_020315.jpg
    Baku, Azerbaijan, Feb. 13

    Trend:

    NATO does not seek confrontation and does not want a new Cold War, Jens Stoltenberg, NATO Secretary General, said.

    Stoltenberg made this statement at the Munich Security Conference Feb. 13.

    He said that a dialogue is required and only it can help Europe achieve stability.

    Stoltenberg said that the borders of sovereign countries must not be violated and this principle is fundamental to European security.

    The Munich Security Conference has held an annual conference in Munich (Germany) since 1962. It was called the Military Affairs Conference until 1993 and was held under the auspices of the Christian Social Union. It has been financed by the German government since 1998.

    The 52nd Munich Security Conference started on Feb. 12.

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    16
  • 31 cars of Ukrainian train to be sent from Baku to Turkmenbashi
    13.02.2016 12:15
    http://www.today.az/pictures/pic147835.jpg
    http://www.today.az/pictures/pic147835.jpg
    The second freight train from Ukraine consisting of 32 cars, which joined the Trans-Caspian International Transport Corridor, has arrived today morning at Baku International Sea Trade Port. According to Azerbaijan Caspian Shipping Company, the cargo consists of food and drugs. The train on route Ukraine - Georgia - Azerbaijan - Kazakhstan '" China, officially known as Trans-Caucasus-Asia transport corridor or New Silk Road, left the Ukrainian port of Illichivsk on Jan. 15 and arrived in China on Jan. 31. One car from the Baku port will be sent to Aktau, and the rest 31 wagons will be sent to Turkmenbashi.

    On January 14, Ukraine, Azerbaijan, Kazakhstan and Georgia signed a protocol on the establishment of preferential tariffs for cargo transportation on this transport route.

    /By Azertac/
    12
  • Iran for foreign investors: future rewards outweigh risks?
    13.02.2016 12:15
    http://www.today.az/pictures/pic147832.jpg
    http://www.today.az/pictures/pic147832.jpg
    Despite the risks that Iranв's business environment could create for investors, in the long-term, the outlook on the countryв's energy sector is very positive, Emma Richards, an oil and gas analyst with BMI Research, which is a part of Fitch Group, believes.

    Richards told Trend that the re-opening of the economy will draw in a high level of investment, in particular from companies in Europe.

    ''Iran remains a challenging operating environment, but the rewards more than outweigh the risks,'' Richards said.

    ''Contract revisions have been favourable, the country has huge oil and gas reserves and the cost base is very low. It will probably be one of the strongest growth stories over the next 10 years,'' she said.

    On January 16, the International Atomic Energy Agency verified Tehranв's compliance with the Joint Comprehensive Plan of Action (JCPOA), opening the way for Iran's return to the global energy market. The same day, the US and the European Union announced that they were lifting their sanctions against Iran.

    Free of sanctions, the country plans to increase its oil export by 500,000 barrels per day (bpd), and then raise the figure by another 500,000 to two million bpd within a six month period at the next step.

    Iran's return will add to the glut in the global oil market in the near-term, Richards said.

    ''They've managed to increase their production by around 80,000 bpd over the past few weeks and they're also unwinding barrels from storage,'' she said.

    Richards noted that BMI Research expects the countryв's production to increase by 500,000 bpd by 2017 and the lion's share of that will go to exports.

    ''Competition for buyers is intense, so we can assume there will be some competitive discounting, which will put further downward pressure on global oil prices,'' Richards said.

    According to OPECв's February Oil Market Report, Iran produced 2.925 million bpd in January 2016, about 38,000 barrels more than in the previous months.

    With regards of the prospects for the global oil market overall, Richards said that the first half of 2016 looks very volatile, both because the market is so oversupplied and because of the broader uncertainties around the health of the global economy.

    ''Companies are making aggressive cutbacks in spending, which will help the market begin to re-balance in the second half,'' she said adding that it's unlikely that oil prices will stabilise until that re-balancing gets underway.

    /By
    8
  • Turkey can take part in ground operations in Syria '" Foreign Ministry
    13.02.2016 12:13
    http://cdn.trend.az/pictures/2014/10/30/mid_turkey_301014.jpg
    http://cdn.trend.az/pictures/2014/10/30/mid_turkey_301014.jpg
    Baku, Azerbaijan, Feb. 13

    By Rufiz Hafizoglu - Trend:

    Turkey does not exclude the possibility of its participation in the ground military operations in Syria, if Saudi Arabia begins to carry out these operations, Turkish Foreign Minister Mevlut Cavusoglu said, Turkish Yeni Shafak newspaper reported Feb. 13.

    The minister said that Saudi Arabia has already begun to send its aircrafts to the Incirlik air base of the Turkish Armed Forces and the sending of the country's military personnel to Turkey is also expected.

    Earlier, the Turkish Sabah newspaper citing military sources wrote that Turkey does not plan to carry out a military campaign in Syria.

    Some media previously reported that Turkey allegedly plans military operations in Syria and concentrates its military equipment on the border with this country.

    ---

    Follow the author on Twitter: @rhafizoglu

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    7
  • Turkmenistan eyes possibilities of joining WTO
    13.02.2016 11:35
    http://www.today.az/pictures/pic147831.jpg
    http://www.today.az/pictures/pic147831.jpg
    /By Azernews/

    By Laman Ismayilova

    Turkmenistanв's Deputy Prime Minister and Foreign Minister Rashid Meredow has held a series of meetings with heads of international organizations, including director general of the World Trade Organization (WTO) Roberto Azevedo during his Geneva visit, the Turkmen government reported.

    During the meetings, a special attention was paid to implementation of initiatives of President Gurbanguly Berdymuhamedov aimed at strengthening global energy security, environmental protection, development of international transport infrastructure, regional trade, as well as addressing water problems.

    The EU proposed Turkmenistan to join WTO in January 2011. The move is expected to increase Turkmenistan's share in regional and global trade and have a positive impact on economic development, which is necessary for long-term prosperity and well-being of the country.

    Brussels announced that it is ready to help Ashgabat in joining the WTO, as it optimizes attracting foreign capital and facilitates creating new jobs.

    Fuel-energy complex, high-technological industrial spheres, transport, communications, banking and financial sector are among the promising areas of cooperation between Turkmenistan and the EU.

    At present, Ashgabat is negotiating with the EU and Azerbaijan on the Trans-Caspian gas pipeline construction project.

    Brussels hopes to diversify the sources of gas consumption through Caspian resources, most of which is ensured by Russia.
    16
  • Bulgaria confirming support for Georgiaв's EU integration and visa liberalization
    13.02.2016 11:23
    http://cdn.trend.az/pictures/2014/02/06/visa_060214.jpg
    http://cdn.trend.az/pictures/2014/02/06/visa_060214.jpg
    Baku, Azerbaijan, Feb. 13

    Trend:

    The Georgian Prime Minister Giorgi Kvirikashvili met with the Bulgarian President Rosen Plevneliev within the framework of the Munich Security Conference, Novosti Gruzia reported.

    The issues on political and economic cooperation, the European and Euro-Atlantic agenda of Georgia and regional security topics were discussed during the meeting, according to the Georgian government.

    The sides emphasized the importance of the timely completion of the visa liberalization process with the EU and noted that Georgia has successfully met all the technical requirements.

    Rosen Plevneliev reiterated Bulgaria's support for Georgia's European integration and visa liberalization.

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    9
  • Scientists create most accurate atomic clock in the world
    13.02.2016 11:01
    http://ictnews.az/uploads/saat.jpg
    http://ictnews.az/uploads/saat.jpg
    A new optical single-ion clock in Germany has now dethroned JILA's optical lattice atomic clock as the world's most accurate timepiece ever built.

    With an unprecedented level of accuracy, the optical single-ion clock works by measuring the vibrational frequency of ytterbium ions as they swing back and forth hundreds of trillions times per second.

    The ytterbium ions are trapped within an optical "web" of laser beams that allows physicists to count the number of "ticks" per second, determining time so accurately that the single-ion clock won't gain or lose a second in several billion years.

    Prior to the development of the ytterbium-ion clock, the most accurate time-keepers were made of caesium. These optical lattice atomic clocks contained a "pendulum" of atoms that are excited by microwave radiation. The official definition of the second is based on these clocks.

    According to the most accurate caesium clocks, one second is the time that elapses during 9,192,631,770 cycles of the radiation produced by the transition between two levels of the caesium atom.

    However, when it comes to defining time, one can never be too accurate. Scientists all over the world have been attempting to perfect their optical atomic clocks, and so the need to redefine the "second" is becoming important.

    Now, Germany's Physikalisch-Technische Bundesanstalt (PTB) has ousted the most accurate caesium clocks by building their own optical atomic clock, which is 100 times more accurate.

    The clock is used in navigation for determining the location of spacecraft, satellites, ballistic missiles, aircraft, submarines and vehicles via satellites.
    12
  • Iranian president to visit Turkey
    13.02.2016 10:43
    http://cdn.trend.az/pictures/2015/08/02/hassan_rouhani_020815.jpg
    http://cdn.trend.az/pictures/2015/08/02/hassan_rouhani_020815.jpg
    Baku, Azerbaijan, Feb. 13

    Trend:

    Iranian President Hassan Rouhani will visit Turkey to attend the high-level strategic cooperation conference, Milliyet newspaper reported.

    Iran's Ambassador to Turkey Alireza Bigdeli told journalists about the talks between Iran and Turkey during a reception at the embassy.

    The Turkish Prime Minister Ahmet Davutoglu will also visit Iran, said the newspaper.

    Iran and Turkey have different views on the settlement of the Syrian crisis. Ankara stands for the immediate withdrawal of the Syrian President Bashar al-Assad from power, while Iran actively supports him. In addition, Ankara considers that the main reason for the bloodshed in Syria is the policy carried out by Bashar al-Assad.

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    14
  • Azerbaijan, India to discuss development of economic relations
    13.02.2016 10:43
    http://cdn.trend.az/pictures/2012/04/30/Azerbaijan_India_flags_Album_010512.jpg
    http://cdn.trend.az/pictures/2012/04/30/Azerbaijan_India_flags_Album_010512.jpg
    Baku, Azerbaijan, Feb. 13

    By Anvar Mammadov - Trend:

    Azerbaijan and India will discuss the development of relations in the areas of investment, trade, transport, information and communication technologies, and education.

    Discussions will be held during the 4th meeting of the Azerbaijani-Indian intergovernmental commission in April in Baku, India's Ambassador to Azerbaijan Sanjay Rana told reporters.

    "A delegation led by the co-chairman of the intergovernmental commission, Indian Minister of Commerce and Industry Nirmala Sitharaman will visit Azerbaijan," he said.

    "The delegation will include not only officials, but also businessmen. The expansion of the relations in various fields will be discussed," he added.

    The co-chairman of the intergovernmental commission from the Azerbaijani side is the Minister of Ecology and Natural Resources Huseyn Bagirov.

    Rana also noted that pharmaceutics is one of the priority areas in the development of the relations.

    "Indian pharmaceutics is known worldwide today. We supply medicines to all developed markets, but our presence in the Azerbaijani market is quite small and we want to change that," he said.

    "We can offer drugs and medicines at lower prices to Azerbaijan, and the quality of these drugs is not inferior to European, which is confirmed by certificates received by our enterprises," added Rana.

    The trade turnover between Azerbaijan and India was $305.04 million according to the results of 2015, $270.24 million of which accounted for the export of the Azerbaijani products to India, according to the State Statistics Committee.

    ---

    Follow the author on Twitter: @Anvar_Mammadov

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    7
  • Extremely profitable week at Tehran Stock Exchange
    13.02.2016 10:15
    http://cdn.trend.az/pictures/2012/12/14/Birja_141212.jpg
    http://cdn.trend.az/pictures/2012/12/14/Birja_141212.jpg
    Baku, Azerbaijan, Feb. 10

    By Farhad Daneshvar - Trend:

    The main index of Tehran Stock Exchange (TSE) surged by 3,800 points to hit 77,497 over the past week indicating five percent growth.

    The TSE turned into the most profitable market in the world over the past week given the enormous growth, Iran's state-run TV IRINN said.

    Apparently The TSE is becoming a great growth spot in the world as its main index jumped 25 percent in January when international sanctions against the Islamic republic were partially lifted.

    Earlier in an interview with Trend, Mehrdad Emadi, consultant at the U.K.-based Betamatrix International Consultancy said that forecasted growth for the economy, promises high returns and positive growth in Iran's market to foreign companies.

    A recent IMF report estimates that Iran's real GDP growth is projected to accelerate to 4-5.5 percent in 2016/17 and to average 4 percent throughout the medium term.

    TSE trades a range of shares, funds and financial instruments including Islamic funds. Iranian financial markets have been isolated from the world capital markets over the past several years due to the international sanctions.

    However following a long-awaited nuclear deal clinched between Tehran and the world major powers most of the international sanctions against Tehran were lifted on Jan. 16.

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

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    19
  • Six parties to take part in Kazakh parliamentary election
    13.02.2016 10:13
    http://cdn.trend.az/pictures/2015/02/16/kazaxsatan_elections_160215.jpg
    http://cdn.trend.az/pictures/2015/02/16/kazaxsatan_elections_160215.jpg
    Baku, Azerbaijan, Feb. 13

    By Elena Kosolapova - Trend:

    Kazakhstan's Central Election Commission (CEC) registered candidates from all six parties intending to take part in the parliamentary election.

    The country's Birlik (Unity) party was the last party registered for the election, the CEC said Feb. 12.

    The Nur Otan Democratic People's Party, the Ak Zhol Democratic Party of Kazakhstan, the Aul Democratic People's Patriotic Party, the Communist People's Party of Kazakhstan, the Nationwide Social Democratic Party and the Birlik Party will participate in the election.

    In total, the candidate list includes 234 registered candidates.

    The previous parliamentary elections in Kazakhstan in 2012 was attended by the seven political parties, but only three of them overcame the seven percent barrier and entered the Parliament - the Nur Otan Democratic People's Party, the Ak Zhol Democratic Party of Kazakhstan and the Communist People's Party of Kazakhstan.

    The parliamentary election in Kazakhstan will be held March 20.

    ---

    Follow the author on Twitter: @E_Kosolapova

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    12
  • Apple to launch new iPhone, iPad in March - media
    13.02.2016 07:37
    http://cdn.trend.az/pictures/2015/03/06/blue-apple_060315.jpg
    http://cdn.trend.az/pictures/2015/03/06/blue-apple_060315.jpg
    Apple Inc (AAPL.O) is on target to introduce its next iPhone and iPad models on March 15, and aims to start selling the devices in the same week, Reuters reported wit the reference to the technology blog 9to5Mac.

    Apple, which will introduce a new 4-inch iPhone, dubbed the "iPhone 5se", and a new iPad Air at a launch event, is unlikely to take pre-orders for the new devices, the blog reported.

    The technology giant has hit a trough in iPhone demand. The 0.4 percent rise in shipments in the fiscal first quarter was the slowest-ever increase in iPhone sales since the phone was launched in 2007.

    The new 4-inch iPhone 5se is designed to spur iPhone hardware upgrades for customer seeking faster devices without upgrading to the far larger iPhone 6s and 6s Plus screen sizes.

    Apple could not be immediately reached for comment.

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    41
  • US and Cuba to formalise deal allowing 20 flights a day between countries
    13.02.2016 06:57
    http://cdn.trend.az/pictures/2015/04/11/usa_cuba_flags_11042015.jpg
    http://cdn.trend.az/pictures/2015/04/11/usa_cuba_flags_11042015.jpg
    US and Cuban officials are scheduled to sign an agreement on Tuesday that will allow up to 20 scheduled flights a day between the communist island nation and the US, The Guardian reported.

    The agreement, which had been expected since Barack Obama announced an easing of travel restrictions and normalising of trade relations last year, will allow commercial carriers to operate between Cuba and any city in the US for the first time in half a century.

    The US deputy assistant secretary of state for transportation affairs, Thomas Engle, characterised the agreement, which will be signed in Havana next week, as "a very positive development". It will allow 20 flights a day to Havana and as many as 10 per day to each of the nine other international airports in the country.

    The loosening of restrictions is expected to further speed up the rapid transformation of Cuba's US-focused tourism business. While US law technically prohibits travel to Cuba for tourism, the country has long been a destination for American travellers willing to undergo the formality of passing through the Bahamas, Canada or Mexico on their journey.

    According to Bloomberg News, US airlines including American, Southwest and United are looking at opening up routes to Havana later this year. This spring, Carnival plans to send the first cruise ship to Cuba in more than 50 years.

    The flood of US visitors is already under way. Authorised US visits to Cuba rose 50% last year, the US embassy in Havana, with visitors eager to see it before the changes their presence will make are made permanent.

    Recent reports suggest that change is already well under way. Havana's rooms in hotels and guesthouses are frequently booked solid while tourist prices for even basic amenities are soaring.

    Still, the rush of visiting celebrities has only just begun. According to the Wall Street Journal, the British series Top Gear recently tore around the streets outside Havana in cars filled with jet fuel, while Universal Pictures is planning to shoot a sequence of its next Fast amp; Furious sequel on the island.

    The Rolling Stones, too, are booked to play in Havana next month at the end of their current Latin American tour, narrowly ahead of the luxury brand Chanel that last week sent out invitations for an ultra-exclusive cruise collection show in May, apparently unaware of the self-evident philosophical or political contradictions of staging such an event on an island where the average income is $20 a month.

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    14
  • Next Normandy format talks after Munich to be held in March - source
    13.02.2016 04:23
    http://cdn.trend.az/pictures/2015/09/10/normand_100915.jpg
    http://cdn.trend.az/pictures/2015/09/10/normand_100915.jpg
    The ministers of Ukraine, Russia, France and Germany are planning to hold their next Normandy format talks in March following the Saturday meeting in Munich, a Western diplomatic source told Sputnik on Friday.

    "After the meeting in Munich, the next one will be held in a month time, also on the sidelines of a big summit," the source said.

    The source added that the next rounds of Normandy format talks are likely to be held regularly every month, most likely in line with the schedule of big international events.

    The Normandy Four group was created in 2014 to secure a peaceful settlement of the conflict in eastern Ukraine. In February 2015, the quartet leaders' worked out a ceasefire deal in Minsk, Belarus, signed by representatives of the Kiev authorities and militias from the eastern Ukrainian Donbass region.

    On Saturday, the ministers will discuss the deal implementation on the sidelines of the Munich Security Conference.

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    46
  • Mogherini to visit Iran in spring
    13.02.2016 03:45
    http://cdn.trend.az/pictures/2014/11/03/federica_mogherini_031114.jpg
    http://cdn.trend.az/pictures/2014/11/03/federica_mogherini_031114.jpg
    EU foreign policy chief Federica Mogherini said at the Munich Security Conference on Friday that she would be glad to visit Iran in spring 2016, Sputnik reported.

    According to Mogherini, during the visit she will be accompanied by the delegation of European Commission members for discussion of the bilateral EU-Iran relations, which have new perspectives following removal of sanctions from Tehran.

    In August 2015, Tehran and six international mediators, including Russia, reached a historic deal on Iranian nuclear program, which was set to ensure the peaceful nature of its nuclear program in exchange for the termination of anti-Iran sanctions, in particular in oil sector.

    In mid-January, the sanctions were removed after the International Atomic Energy Agency (IAEA) verified Tehran's compliance with the nuclear agreement. The move makes it possible for Iran to develop relations in different spheres with the European Union.

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

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    27
  • Italy allocates $3.3 mln for Syria in view of recent Munich arrangements
    13.02.2016 03:43
    http://cdn.trend.az/pictures/2013/01/28/Italy_flag_280113.jpg
    http://cdn.trend.az/pictures/2013/01/28/Italy_flag_280113.jpg
    Italy has allocated three million euros ($3.3 million at current exchange rates) for humanitarian aid in Syria in view of the agreements, reached during the International Syrian Support Group (ISSG) session in Munich, Italian Foreign Ministry said in a statement Friday, Sputnik reported.

    The ISSG meeting, which started late on Thursday, lasted for several hours and saw the participation of Russia, the United States and over a dozen other states. The talks resulted in the adoption of a final communique that calls for humanitarian access to be provided swiftly to all besieged areas in Syria and sets a one-week deadline for measures to be implemented to end the hostilities in Syria.

    According to the statement, 2 million euros will be allocated to the World Food Programme, which will be able to ensure distribution of foodstuffs to over 30,000 refugees travelling toward the Turkish border from Syria.

    Another aid package of 1 million euros is expected to be allocated to the United Nations Office for the Coordination of Humanitarian Affairs, the statement reads.

    Syria has been in a state of civil war since 2011, with the army loyal to President Bashar Assad fighting several opposition factions and militant organizations, including Islamic State, which is banned in Russia and a number of other countries.

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    9
  • FIFA bans former Secretary General Valcke for 12 years
    13.02.2016 03:03
    http://cdn.trend.az/pictures/2015/12/03/fifa_031215.jpg
    http://cdn.trend.az/pictures/2015/12/03/fifa_031215.jpg
    Former FIFA Secretary General Jerome Valcke has been banned by the organization's Ethic Committee for 12 year, FIFA said in a statement on Friday, according to Sputnik.

    "The adjudicatory chamber of the independent Ethics Committee chaired by Mr Hans Joachim Eckert has banned Mr Jerome Valcke, former Secretary General of FIFA, for 12 years from all football-related activities (administrative, sports or any other) on a national and international level," the statement reads.

    According to the results of the internal investigation, Valcke encouraged the persons responsible for gaining "an undue advantage from the selling of FIFA World Cup tickets." Besides Valcke travelled at FIFA's expense "purely for sightseeing reasons" choosing private over commercial flights.

    "In doing so, Mr Valcke acted against FIFA's best interests and caused considerable financial damage to FIFA, while his private and personal interests detracted him from his ability to properly perform his duties as the Secretary General of FIFA," the statement reads.

    The investigation also concluded that Valcke attempted to grant the TV and media rights for the 2018 and 2022 FIFA World Cups for undervalued fee and tried to obstruct ongoing FIFA investigation into the matters.

    He was found guilty of seven FIFA Code of Ethics' articles violation and fined 100,000 Swiss francs (over $102,000).

    Valcke was provisionally released from his duties as the secretary general on September 17, with formal adjudicatory proceedings opened against him on January 6. On January 13, he was dismissed from his job.

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    26
  • Two teen girls found shot dead at school in Phoenix suburb
    13.02.2016 02:23
    http://cdn.trend.az/pictures/2015/06/18/usa_police_180615.jpg
    http://cdn.trend.az/pictures/2015/06/18/usa_police_180615.jpg
    Two 15-year-old girls died on Friday in a shooting at a high school in the Phoenix suburb of Glendale and were found with a gun beside them, Reuters reported with the reference to police.

    Glendale police spokeswoman Tracey Breeden said it was too early to determine if the incident at Independence High involved a suicide. But police were not seeking a suspect in the shooting and the school and surrounding community faced no threat, she said.

    After a report of gunfire on Friday morning, police rushed to the school and found the two girls under a covered patio on the campus, Breeden said.

    Each girl had a single gunshot wound and both were declared dead at the scene, with the gun beside them, she said. Police did not immediately release the girls' names.

    The school was placed on lockdown after the shooting and the street in front of the campus was shut down. During the lockdown students issued updates on social media from their classrooms as dozens of anxious parents, who were barred from the campus, gathered in the parking lot of a nearby Wal-Mart store to await their children.

    Jasmine Molina, 15, was in English class when the lockdown was declared.

    "I never thought it would happen here. This tells me that it could happen anywhere, at any school, even if it's a good school," said Molina, who was holding a stuffed bear her boyfriend had given her that morning for Valentine's Day.

    Ana Lisa Romero, whose son, Lalo, attends the school, said in a Facebook message to Reuters, "I am going crazy just thinking that could have been my son or nieces or nephews."

    Public officials expressed condolences over the shooting.

    "Our hearts remain with the students, educators and families of Independence High School and the entire Glendale community," Arizona Governor Doug Ducey said in a statement.

    Independence High, which is just a couple miles outside Phoenix, has about 2,000 students, school district representative Sara Clawson said.

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    22
  • Pope, Russian church leader hold historic meeting in Cuba
    13.02.2016 01:05
    http://cdn.trend.az/pictures/2016/02/10/papa_patriarx_kirill_100216.jpg
    http://cdn.trend.az/pictures/2016/02/10/papa_patriarx_kirill_100216.jpg
    Pope Francis arrived in Havana on Friday to meet the head of the Russian Orthodox Church nearly 1,000 years after Eastern Orthodoxy split with Rome, marking the first encounter in history between a Roman Catholic pope and a Russian Orthodox patriarch.The two religious leaders, guests of a Communist government, will address the millennium-long rift between the Western and Eastern branches of Christianity, according to Reuters.

    Cuban President Raul Castro and Cardinal Jaime Ortega, the church's highest representative in Cuba, greeted the pope as he got off the plane, minutes before Francis met Patriarch Kirill.

    Francis, dressed in white with a skullcap, and Kirill, wearing a tall, domed hat that dangled a white stole over black robes, joined arms and kissed on both cheeks when they met inside the terminal. They then sat down for a chat with aides on either side.

    They were expected to unite in an appeal for an end to persecution and killing of Christians in the Middle East.

    Their meeting, announced just a week ago, also carried political overtones, coming at a time of Russian disagreements with the West over Syria and Ukraine.

    The pope was scheduled to remain in Cuba for three and a half hours before continuing on to Mexico for a five-day visit.

    Kirill arrived in Havana on Thursday and was also greeted by Castro, an ally of Russia who also received Francis in Cuba just five months ago.

    The Argentine pontiff previously played a role in rapprochement between the United States and Cuba, which restored diplomatic relations last year after a 54-year break.

    Now the pope is seeking to repair a much longer rupture. Eastern Orthodoxy split with Rome in 1054, and today the Russian church counts some 165 million of the world's 250 million Orthodox Christians.

    Kirill, on a longer stay, will also visit Cuba's small Russian Orthodox Church, built between 2004 to 2008 and attended by Russian holdovers from the decades of Soviet influence in Cuba.

    Russian President Vladimir Putin has supported the Russian church, which in turn has backed Kremlin foreign policy, most notably in Ukraine and the Middle East.

    Putin has also improved relations with Cuba, which were strained following the collapse of the Soviet Union in 1991.

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    33
  • Zarif meets IAEA, EU financial chiefs on post-sanctions ties
    13.02.2016 00:23
    http://cdn.trend.az/pictures/2014/12/17/mohammad-javad-zarif.jpg
    http://cdn.trend.az/pictures/2014/12/17/mohammad-javad-zarif.jpg
    Iranian Foreign Minister Mohammad-Javad Zarif met IAEA Director General Yukia Amano on the sidelines of the Munich Security Conference here on Friday, Irna reported.

    He also held a meeting with heads of Europe's major trade, banking, industrial and economic institutions in which expansion of relations following removal of sanctions was reiterated.

    'In defining its new trade, industrial, and economic ties with Europe, Iran will not be a consuming market,' Zarif said.

    He said the infra-structures in Iran are ready for organizing long-term relations with the world including Europe.

    Zarif, who is in Germany to attend Munich Security Conference, has a tight schedule of bilateral meetings during his stay.

    On Thursday, he held meetings with Chinese Foreign Minister Wang Yi, Special Envoy of the UN Secretary General for Syria Staffan de Mistura, Foreign Minister of Oman Yusuf bin Alawi, and Secretary General of Organization of Islamic Cooperation (OIC) Iyad Ameen Madani discussing with them regional developments, including Syrian crisis.

    Deputy Foreign Minister For Arab-African Affairs Hossein Amir-Abdollahian is accompanying Foreign Minister Zarif.

    The 52nd Munich Security Conference is being held from February 12-14 and 23 heads of states and tens of ministers are attending the conference.

    The topic of Zarif's speech to be delivered in the Munich Security Conference on Friday evening will be Security in the Persian Gulf and Iran's proposals in this concern.

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

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    24
  • Merkel, Polish prime minister urge UK to stay in EU
    12.02.2016 23:32
    http://cdn.trend.az/pictures/2015/02/28/trend_european_union_building_230413_1.jpg
    http://cdn.trend.az/pictures/2015/02/28/trend_european_union_building_230413_1.jpg
    German Chancellor Angela Merkel and Polish Prime Minister Beata Szydlo agreed Friday that Britain should stay in the European Union if it honors the bloc's key principles, Sputnik reported.

    Speaking at a joint press conference, Merkel reiterated that the United Kingdom should remain part of the 28-nation bloc - but only in case of "maintaining all of the principles, for example the principle of freedom of movement."

    Szydlo, who was on her first official visit to neighboring Germany, added that "a strong Germany and a strong Poland mean a strong EU."

    UK Prime Minister David Cameron is seeking to renegotiate UK's relationship with Brussels. The nation's EU membership will be put to vote no later than end 2017. Cameron said the government's position was to campaign for Britain to stay in the European Union.

    Cameron has spent months going between London and Brussels in an effort to clinch a deal on better EU membership terms, including an exemption from the EU principle of an ever-closer union and curbs for EU immigrants.

    The European Council is scheduled to meet in Brussels on February 18-19 to discuss the UK plans for an in/out referendum based on a proposal tabled last week by Council's President Donald Tusk.

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    23
  • Zarif calls on Saudi Arabia to work together with Iran
    12.02.2016 22:12
    http://cdn.trend.az/pictures/2015/08/13/mohammad_javad_zarif_130815.jpg
    http://cdn.trend.az/pictures/2015/08/13/mohammad_javad_zarif_130815.jpg
    Baku, Azerbaijan, Feb. 12

    By Khalid Kazimov - Trend:

    Iran's Foreign Minister Mohammad Javad Zarif has called on Saudi Arabia to work together to bring peace to the region.

    "Iran and Saudi Arabia have shared interest in Syria," Zarif told the 52nd Munich Security Conference (MSC).

    Saying that Tehran and Riyadh need to work together, he added that "we are ready to work with Saudi Arabia", Iran's state-run TV IRINN reported.

    He said Iran and Saudi Arabia cannot exclude each other from the region adding unfortunately Saudi Arabia has followed the practice of exclusion.

    Story still developing

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    32
  • Azerbaijan's Amrahbank appoints new chairman
    12.02.2016 20:52
    http://cdn.trend.az/pictures/2012/05/04/Amrahbank_logo_en.jpg
    http://cdn.trend.az/pictures/2012/05/04/Amrahbank_logo_en.jpg
    Baku, Azerbaijan, Feb. 12

    By Anvar Mammadov - Trend:

    Emil Hasanov has been appointed chairman of the board of the Azerbaijani Amrahbank OJSC, according to the bank's website.

    Currently, the board of Amrahbank includes five people. In addition to Hasanov, the board includes members of the board Najaf Jafarli, Vusal Musayev, Leyla Mammadbayli and Sadi Javadov.

    Established in 1993 Amrahbank is one of the oldest and leading commercial banks of Azerbaijan. It offers wide range of retail and corporate banking products and services such as opening of current and deposit accounts, plastic cards, clearing operations, consumer and business loans, local and international money transfers, documentary operations, trade finance, etc.

    International Investment Bank based in Bahrain (www.iib-bahrain.com) is the strategic shareholder of Amrahbank since 2008.

    Currently, 24 branches and 1 sub-branch of the bank are operating. The bank's branch network covers the capital and districts of Azerbaijan such as Sumgait, Tovuz, Shamkir, Barda, Ganja, Goyanboy, Lankaran and Masalli.

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    37
  • President Aliyev meets Kaspersky Lab CEO
    12.02.2016 20:44
    http://cdn.trend.az/pictures/2016/02/12/ilham_aliyev_evgeniy_kasperskiy_120216_1.jpg
    http://cdn.trend.az/pictures/2016/02/12/ilham_aliyev_evgeniy_kasperskiy_120216_1.jpg
    Baku, Azerbaijan, Feb. 12

    Trend:

    President of Azerbaijan Ilham Aliyev met with Chairman and CEO of Kaspersky Lab Eugene Kaspersky in Munich.

    The sides expressed satisfaction with the cooperation of Kaspersky Lab with relevant bodies in Azerbaijan. The sides noted that there was good potential for expanding the bilateral ties. The parties exchanged views over prospects for cooperation in the fight against cybercrime and other areas.

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    17
  • Azerbaijan offers EBRD to co-op in development of macroeconomic frameworks for 2017-2020
    12.02.2016 20:43
    http://cdn.trend.az/pictures/2016/02/12/ayib_120216.jpg
    http://cdn.trend.az/pictures/2016/02/12/ayib_120216.jpg
    Baku, Azerbaijan, Feb. 12

    By Anvar Mammadov - Trend:

    Azerbaijan proposed the European Bank for Reconstruction and Development (EBRD) to cooperate in the development of macroeconomic frameworks for 2017-2020.

    Azerbaijani Economy Minister Shahin Mustafayev made this proposal during the meeting with the EBRD President Suma Chakrabarti held Feb. 12 in London, said the ministry.

    The minister also proposed the EBRD to invest in technological parks created in the country, support the organization of agro-parks, as well as to expand the bank's cooperation with credit unions, working with small and medium entrepreneurs.

    In return, Chakrabarti expressed confidence in further cooperation with Azerbaijan and noted that the proposals of the Azerbaijani side will be necessarily considered.

    The EBRD so far allocated $2.8 billion to finance 161 projects in Azerbaijan, 151 projects of which were implemented in the private sector.

    Azerbaijan is a member of the EBRD since 1992.

    ---

    Follow the author on Twitter: @Anvar_Mammadov

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    11
  • President Aliyev meets US under secretary of defense for intelligence
    12.02.2016 20:43
    http://cdn.trend.az/pictures/2016/02/12/ilham_aliyev_marsel_lettre_120216_1.jpg
    http://cdn.trend.az/pictures/2016/02/12/ilham_aliyev_marsel_lettre_120216_1.jpg
    Baku, Azerbaijan, Feb. 12

    Trend:

    President of Azerbaijan Ilham Aliyev met with US Under Secretary of Defense for Intelligence Marcel Lettre in Munich.

    The sides hailed the successful development of bilateral cooperation between Azerbaijan and the US. The sides emphasized that the bilateral relations reached a level of partnership in a variety of fields.

    It was also noted that there were good prospects for cooperation in the fight against terrorism.

    The sides also exchanged views over the issues of mutual interest.

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    11
  • President Aliyev meets Managing Director, CEO of Goetzpartners
    12.02.2016 20:15
    http://cdn.trend.az/pictures/2016/02/12/ilham_alyev_stefan_gotz_120216_01.jpg
    http://cdn.trend.az/pictures/2016/02/12/ilham_alyev_stefan_gotz_120216_01.jpg
    Baku, Azerbaijan, Feb. 12

    Trend:

    President of Azerbaijan Ilham Aliyev met with Managing Director and Chief Executive Officer of the Goetzpartners Holding GmbH amp; CO. KG Stephan Goetz in Munich.

    Stephan Goetz said Goetzpartners, which is one of the 10 largest consulting firms in Germany and has 12 offices in nine countries, was interested in operating in Azerbaijan.

    The head of state said there was favorable environment for foreign companies in Azerbaijan, adding that all necessary conditions were created for their successful activities.

    President Ilham Aliyev invited Goetzpartners to operate in Azerbaijan.

    Stephan Goetz thanked the head of state for the invitation. The sides also discussed cooperation prospects.

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    19
  • President Aliyev meets chairman of Eastern Committee of German Economy
    12.02.2016 20:15
    http://cdn.trend.az/pictures/2016/02/12/aliyev_buxel_120216_01.jpg
    http://cdn.trend.az/pictures/2016/02/12/aliyev_buxel_120216_01.jpg
    Baku, Azerbaijan, Feb. 12

    Trend:

    President of Azerbaijan Ilham Aliyev met with chairman of the Eastern Committee of German Economy Wolfgang Buchele in Munich.

    The sides expressed satisfaction with the development of bilateral economic relations between Azerbaijan and Germany. It was noted that there is favorable environment in Azerbaijan for making investment.

    During the conversation, the sides stressed the importance of organizing reciprocal business trips of Azerbaijani and German businessmen, and exchanged views over cooperation prospects.

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    9
  • Europe acknowledging burdens carried by Syriaв's neighbors
    12.02.2016 20:13
    http://cdn.trend.az/pictures/2016/02/12/ursula_fon_der_lyayen_120216_2.jpg
    http://cdn.trend.az/pictures/2016/02/12/ursula_fon_der_lyayen_120216_2.jpg
    Baku, Azerbaijan, Feb. 12

    By Aygun Badalova - Trend:

    Europe acknowledges burdens carried by Syria's neighbors - Jordan, Lebanon, Turkey, German Defence Minister Ursula von der Leyen said Feb. 12 at the Munich Security Conference.

    She noted that the cooperation with countries, which are transit for Syrian refugees, is important.

    She also expressed hope that one day the refugees will return to their countries and take part in rebuilding their states.

    Munich Security Conference was opened Feb. 12 at the Bayerischer Hof Hotel - traditional venue of the conference.

    Performances of several major politicians - German Minister of Defence Ursula von der Leyen, Jordanian King Abdullah Bin bin Al-Hussein, Afghan President Ashraf Ghani, Iraqi Prime Minister Haider al-Abadi, Saudi Arabian Minister of Foreign Affairs Adel al Dzhubeyra, the EU's senior foreign affairs diplomat Federica Mogherini , Turkish Foreign Minister Mevlut Cavusoglu were scheduled for the conference's first day.

    A panel discussion on the fight against terrorism was scheduled within the framework of the first day's program.

    The participants will also discuss the role of internet in radical activities and migration crisis on the conference's first day.

    ---

    Follow the author on Twitter: @AygunBadalova

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    15
  • Anti-Azerbaijani resolution of European Parliament mistake '" Latvian MEP
    12.02.2016 19:36
    http://www.today.az/pictures/pic147818.jpg
    http://www.today.az/pictures/pic147818.jpg
    Europe is open to cooperation with Azerbaijan and is ready to strengthen bilateral ties with the country, MEP from Latvia Iveta Grigule told Trend.

    Grigule, who visited Azerbaijan Feb. 11, said that she held negotiations in the parliament and the foreign ministry of the country.

    She said that one of the main topics of the talks was the Armenian-Azerbaijani Nagorno-Karabakh conflict.

    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 withdrawal of its armed forces from the Nagorno-Karabakh and the surrounding districts.

    ''We discussed the Nagorno-Karabakh conflict,'' said the MEP. ''Latvia is always ready to support Azerbaijan in this issue, as well as talk about this problem of the country in Brussels.''

    Grigule went on to add that during her visit, she also raised the issue of Azerbaijanв's return to Euronest Parliamentary Assembly.

    ''The Euronest Parliamentary Assembly is discussing cooperation with Azerbaijan, and it means that Azerbaijan should participate in these discussions, and not remain on the sidelines,'' she said, adding that it is necessary to talk about the problem the country has, and sooner or later, Azerbaijanв's voice will be heard.

    The MEP also touched upon anti-Azerbaijani resolution adopted by the European Parliament last year, calling it a mistake.

    ''Azerbaijan and the EU should continue to work, despite such incidents,'' said Grigule. ''Latvia is a small country, too, and we are sometimes also criticized by the EU. We understand how it hurts, because we are also doing our best, as well as Azerbaijan is.''

    Regarding the forthcoming visit of the EU High Representative for Foreign Affairs and Security Policy Federica Mogherini to Azerbaijan, she noted that a number of bilateral documents, which should contribute to strengthening of relationship of the sides, will be discussed during the visit.

    Grigule also called the Eastern Partnership program important but underdeveloped, urging the parties to work harder within the framework of the program.

    The Eastern Partnership program envisages political association and economic integration of EU with Azerbaijan, Armenia, Belarus, Georgia, Moldova and Ukraine. It does not envisage the EU membership.

    In turn, Latvian Ambassador to Azerbaijan Yuris Maklakovs told Trend that the Latvian Embassy will continue to contribute to strengthening of relations not only between Azerbaijan and Latvia, but also between Azerbaijan and the EU.

    ''Azerbaijan and Latvia have great prospects for cooperation, especially in light of the economic partnership, and we will continue to work intensively to achieve even greater results,'' said the diplomat.

    /By
    20
  • Baku to host gala night of "Robinson and nine Fridays" Film
    12.02.2016 19:36
    http://www.today.az/pictures/pic147819.jpg
    http://www.today.az/pictures/pic147819.jpg
    /By Azernews/

    By Laman Ismayilova

    Nizami Cinema Center in Baku will host a gala night of an Azerbaijani-Georgian film "Robinson and nine Fridays" on February 23,В Trend LifeВ reports.

    The full-length adventure film was shot in Baku, Tbilisi and other cities.

    The project is carried out under the support of British-Georgian Chamber of Commerce (BGCC), Georgian Ministry of Culture and Monument Protection and K-production.

    The film`s main stars are Famous Georgian actors and singers such as Vakhtang Kikabidze, Irakli Pirtskhalava, Keti Topuriya, Archil Mefaridze, Nani Bregvadze, Kakhi Kavsadze, Paata Guliashvili, Natia Tsitsilashvili, Salome Kokuashvili, Lika Korkia and Mariam Sanogo.

    Complementing them on screen are Azerbaijani stars Polad Bulbuloglu, Bahram Bagirzade and Manana Japaridze.

    Director of the film is Giorgi Kikaleishvili, the idea author and scripwriter -Nika Ramishvili, Giorgi Kikalishvili and Keti Mikanadze. The General producer of the film is Keti Mikanadze, photography director- Bakar Sharashenidze, the music - by Farhad Badalbeyli, Dato Hudzhadze.

    The storyline is about character who works for courier company. He is going through difficult life period and unbearable domestic situation: bad tempered wife, adult capricious child with defiant behavior, constant problems at work.

    Once upon a time, while going to sleep (the next day morning he should leave to Baku taking a parcel) he meets (whether in sleep or in reality) an old man (Buba Kikabidze) in white robe.

    Old man teaches him good sense, advises him to go to Baku and seek his happiness there.

    Then old man gives him a key saying that he will find happiness and peace by opening the proper door with that key. Our hero (Robinson) wakes up in the morning doubting whether it was all a dream or reality, but then finds a key (left by a strange old man) hanging on his chest.
    11
  • Turkey invites Azerbaijani doctors for work
    12.02.2016 19:33
    http://cdn.trend.az/pictures/2015/04/21/doctor_2.jpg
    http://cdn.trend.az/pictures/2015/04/21/doctor_2.jpg
    Baku, Azerbaijan, Feb. 12

    By Orkhan Guluzade - Trend:

    Azerbaijan can help Turkey to solve the problem of doctors' shortage in the country, a source in the Turkish ministry of health told Trend Feb. 12.

    Currently, doctors from Azerbaijan work in a number of public and private hospitals in Turkey, and their number may increase in the future, according to the source.

    The source in the ministry also said that a number of effective measures are taken in Turkey to prevent the shortage of doctors.

    The source in the ministry expressed hope that it will become possible to solve this issue in Turkey over the next six or seven years.

    Turkish Health Minister Mehmet Muazzinoglu said that currently there is an acute shortage of doctors in Turkey.

    The minister noted that Turkey's health care needs 30,000 doctors.

    In 2015, the Turkish Ministry of Health already reported a severe shortage of doctors in the country.

    Then the Turkish Ministry of Health urged the country's doctors working abroad to return home.

    In 2015, more than 500 foreign expert doctors applied to the ministry for a license to work in Turkey's health care.

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    13
  • Top Azerbaijani official: civil society institutions capable of promoting multiculturalism
    12.02.2016 19:33
    http://cdn.trend.az/pictures/2015/02/12/trend_ali_hasanov_prz_ap_main.jpg
    http://cdn.trend.az/pictures/2015/02/12/trend_ali_hasanov_prz_ap_main.jpg
    Baku, Azerbaijan, Feb. 12

    Trend:

    Institutions of civil society, mass media, have broad opportunities to promote national values, multicultural ideas in Azerbaijan, and the country is trying to gradually increase their role in this area, the Azerbaijani president's assistant for Public and Political Affairs Ali Hasanov said in an interview with Azertac news agency.

    Hasanov emphasized that the range of coverage of the mass media is gradually increasing in the country.

    "During the day, more than 75 percent of the population watch television, browse online resources, read newspapers," he said. "Therefore, officials working in central and local executive bodies should make greater use of the capacity of civil society, including the media in the dissemination of multicultural ideas, enrichment of national values."

    Touching upon the meetings with representatives of the public in Azerbaijan's districts, Ali Hasanov said that these meetings were held in accordance with the instructions of the head of state.

    Hasanov went on to add that the new economic policy outlined by the president of Azerbaijan set important tasks for the central and local executive authorities, including communication with local people, coordination of the initiatives of the population, executive bodies and the overall civic initiatives in districts, creation of conditions for more intensive and effective reforms.

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    10
  • Iran says Syrian ceasefire to settle within a week
    12.02.2016 19:23
    http://cdn.trend.az/pictures/2015/04/03/iran-_flag_tehran_030415.jpg
    http://cdn.trend.az/pictures/2015/04/03/iran-_flag_tehran_030415.jpg
    Tehran, Iran, February 12

    By Mehdi Sepahvand - Trend:

    World powers discussed reaching a ceasefire between the Syrian government and the opposition groups during a recent session held in Munich on Syrian crisis.

    Two issues were discussed during the session, one of which was to establish ceasefire in all non-terrorist held areas in Syria within one week, Iranian Deputy Foreign Minister for African and Arab Affairs Hossein Amir-Abdollahian told Iran's state-run TV.

    The second topic of discussions was dispatching humanitarian aid to all areas, with emphasis on food, medicine, and other humanitarian aids, he said.

    US Secretary of State John Kerry said earlier that a nationwide ceasefire should be implemented within a week. His Russian counterpart Sergey Lavrov also said that with a ceasefire, access to all besieged areas in Syria, will be secured.

    Earlier in the day, Iranian Foreign Minister Mohammad Javad Zarif held talks with United Nations Deputy Secretary General Jan Eliasson. A day earlier, Zarif met UN Syria envoy Staffan de Mistura on the sidelines of the Munich talks held by the group known as the International Syria Support Group (ISSG).

    Zarif also held separate talks with Lavrov and his Omani and Chinese counterparts.

    A new report by the Syrian Center for Policy Research (SCPR) has put the number of fatalities caused directly and indirectly by the foreign-backed militancy in Syria at 470,000.

    It estimates that in all 11.5 percent of Syria's population have been killed or injured since the crisis erupted in March 2011.

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

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    16
  • US doesnв't trust Russia any more
    12.02.2016 19:23
    http://cdn.trend.az/pictures/2016/02/12/usa_russia_141109_1.jpg
    http://cdn.trend.az/pictures/2016/02/12/usa_russia_141109_1.jpg
    Baku, Azerbaijan, Feb. 12

    By Rufiz Hafizoglu - Trend:

    The US has finally realized that one must not trust Russia in the settlement of the Syrian crisis, the Aksam newspaper quoted Turkish Foreign Minister Mevlut Cavusoglu as saying Feb. 12.

    "Russia and the US have different views on the settlement of the Syrian crisis," he said. "The fact that Moscow is mainly bombing the positions of the Syrian opposition, recognized by majority of the world countries, testifies to this."

    The minister added that Turkey and the US have similar views on the settlement of the Syrian crisis.

    Cavusoglu also called on Russia to immediately stop military operations against the Syrian opposition.

    He added that Russia's military actions in Syria have resulted in a new wave of refugees to Turkey.

    ---

    Follow the author on Twitter: @rhafizoglu

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    14
  • EBRD President to visit Turkey
    12.02.2016 18:45
    http://cdn.trend.az/pictures/2014/08/16/no_image_found.jpg
    http://cdn.trend.az/pictures/2014/08/16/no_image_found.jpg
    Baku, Azerbaijan, Feb. 12

    Trend:

    President of the European Bank for Reconstruction and Development (EBRD)Suma Chakrabarti, is paying a three-day visit to Turkey, the Bank's top investment destination, from 16 to 18 February.

    Sir Suma will travel to Gaziantep in the country's south-east, one of the regions most affected by the refugee crisis, to assess better how the Bank can respond to the needs of refugee-hosting communities.

    He will continue his visit in Ankara, where he will meet top Turkish officials, including Deputy Prime Minister Mehmet ЕћimЕџek and Turkey's EBRD Governor, Undersecretary of Treasury Cavit DaДџdaЕџ, to discuss the government's reform agenda and how the EBRD can further support strengthening the country's economy.

    Finally, on 18 February in Istanbul, the President will address the FT-EBRD Central Asia Investment Forum alongside Deputy Prime Minister ЕћimЕџek. The event will bring together leading investors, policymakers, economists and experts in Central Asia, including Mongolia, to discuss the future of the region and the prospects for investment.

    Speaking ahead of his visit, Sir Suma said: "The EBRD is in Turkey to support the country with investment and policy dialogue as the country is facing external challenges and preparing major internal reforms to realise its long-term economic potential.

    "At the same time, with its close cultural, transport and economic links to the Central Asian region, Turkey plays the role of a regional hub and we have chosen to bring investors and policy-makers to Istanbul to discuss practicalities of doing business in Central Asia."

    The EBRD is a leading investor in Turkey and currently operates from offices in Istanbul, Ankara and Gaziantep.

    It focuses on investing in energy efficiency and renewable energy and supporting energy sector reforms; improving the quality of infrastructure with the participation of the private sector; increasing the competitiveness of Turkish corporates through innovation and improved corporate governance; deepening capital and local-currency markets; and promoting regional and youth inclusion, as well as gender equality, to support long-term growth potential.

    To date, the Bank has invested over euro;7 billion in Turkey through 180 projects in infrastructure, energy, agribusiness, industry and finance. It has also mobilised about euro;16 billion for these ventures from other sources of financing.

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