top of page
Online Payment
Rovnag Abdullayev: Caspianв's gas potential is great and there will occur need for additional gas corridors
28.06.2013 16:48
By selecting TAP (Trans Adriatic Pipeline), Azerbaijan has taken its important steps to become European energy supplier, said the President of the State Oil Company of Azerbaijan Rovnag Abdullayev.

Abdullayev noted that the idea on delivery of Azerbaijani gas to Europe will not be limited only with Shahdeniz project: "Azerbaijan has gas reserves approved in the 2 trillion cm. TAP project will change European energy map."

He stressed that Azerbaijan will participate in other energy projects of Europe: "Caspianв's gas potential is great and there will occur need for additional gas corridors."

Dear User, please take into the consideration the fact that all news are posted to our portal automatically by the system and no human factor is used to estimate the content of information, therefore if you consider this article non-ethical, offensive, illegal or incorrect, we kindly ask you to inform us about this issue.
Important news
Popular news
  • Milla becomes Official Supporter of Baku 2015 European Games
    02.09.2014 16:56
    Baku 2015 European Games is proud to announce that premium dairy supplier Milla has become an Official Supporter of the inaugural European Games.The agreement will see Milla support the Baku 2015 European Games through advertising in more than 5,000 stores around Azerbaijan and by carrying the Baku ...
  • Representatives of Turkish Travel Agencies Association visit Azerbaijan
    02.09.2014 16:24
    Representatives of the Association of Turkish Travel Agencies (TÜRSAB) have been on a business trip in Azerbaijan. As part of their visit, TÜRSAB representatives have met the Deputy Minister of Culture and Tourism of Azerbaijan Nazim Samadov.During the meeting the sides discussed prospects of tour...
  • President Ilham Aliyev received a German delegation
    02.09.2014 15:49
    President of the Republic of Azerbaijan Ilham Aliyev has received a German delegation comprising Hanns-Eberhard Schleyer, chairman of the Board of the German-Azerbaijani Forum, former Secretary General of the German Confederation of Skilled Crafts, former State Secretary, Karin Strenz, MP, chair of ...
  • NGO Council signs grant agreements with Italian NGOs
    02.09.2014 15:39
    NGO Council of State Support under the President of Azerbaijan signed grant agreements with the Italian Classis-Project and Epoke NGO.At the event, the Chairman of the Council Azay Guliyev said that the cooperation with these organizations would contribute to the expansion and strengthening of frien...
  • President Ilham Aliyev signs Order to establish awards for Azerbaijani sportsmen with best olympic results
    02.09.2014 14:22
    President of Azerbaijan Ilham Aliyev signed an Order to establish awards for Azerbaijani athletes and their coaches for best results at the 2nd Summer Youth Olympic Games.Under the Order, each athlete for the first place will receive 50,000 manat, his coach '" 25, 000 manat, each athlete for the...
  • Armenian armed units violate ceasefire again
    02.09.2014 11:38
    Armenians have violated ceasefire again.Subunits of the Armenian Armed Forces fired at positions of the Azerbaijani Armed Forces from their outposts located near the Yusifjanli and Marzili villages of Aghdam, the Mehdili village of Jabrayil and in unnamed uplands in the territory of Fuzuli district ...
  • All religious beliefs are free in Azerbaijan
    02.09.2014 11:27
    Permanent Representative of Slovakia to the Council of Europe (CoE), Chair of the Rapporteur Group on Human Rights (GR-H), Drahoslav Stefanek expressed satisfaction with the religious situation in Azerbaijan.Azerbaijan guarantees freedom of religion for all citizens of the country, Stefanek told Tre...
  • Turkish President Recep Tayyip Erdogan arrives in Azerbaijan for official visit
    02.09.2014 23:10
    President of the Republic of Turkey Recep Tayyip Erdogan has today arrived in Azerbaijan for an official visit.

    A guard of honor was lined up for the Turkish President at the Heydar Aliyev International Airport decorated with the national flags of the two countries.

    President Recep Tayyip Erdogan and his spouse Emine Erdogan were welcomed by First Deputy Prime Minister of Azerbaijan Yaqub Eyyubov and other officials.
  • Mammadyarov meets incoming Norway`s ambassador
    02.09.2014 22:46
    Azerbaijani Foreign Minister Elmar Mammadyarov has today met newly appointed ambassador of Norway to the country Bard Ivar Svendsen.

    During the meeting, they praised development of relations between the two countries, particularly energy cooperation.

    Mammadyarov congratulated the diplomat on his new appointment, and wished him success in his activities.

    Bard Ivar Svendsen said he would spare no efforts to contribute to expanding bilateral ties between the two countries even further.

    They stressed the importance of development of the political dialogue between Azerbaijan and Norway.
  • Azerbaijan, UNICEF discuss prospects for cooperation
    02.09.2014 22:11
    Azerbaijani Foreign Minister Elmar Mammadyarov has today met new head of UNICEF Azerbaijani Office Andro Shilakadze to discuss prospects for cooperation between the country and the organization.

    The FM congratulated Shilakadze on his new appointment, and wished him success in his activities.

    The head of UNICEF Office hailed Azerbaijan`s rapid development, and noted that there was great potential for deepening the bilateral cooperation even further.
  • Azerbaijani team wins S2 category tournament of International Off-road Racing in Turkey
    02.09.2014 20:56
    Azerbaijani national off-road team has finished first in the S2 category event of the 3rd International Off-road racing in Ardesen village of Rize Province, Turkey. The national team ranked second at the overall category racing events.

    The event brought together nearly 100 drivers from Azerbaijan, Turkey, Georgia, Iran and Armenia.

    Azerbaijan won silver medal in the 2nd International Off-road racing in Ardesen in 2012.
  • Strong performance sees Brammeier moving up in GC at Tour of China I
    02.09.2014 20:30
    Day three of the Tour of China I saw a strong performance of Synergy Baku Cycling Project riders Matt Brammeier and Markus Eibegger. Both infiltrated a late break and played an active role in the stage final.

    With 122 kilometers and two difficult climbs on the profile, the organizers made a late change and neutralized the first part of the stage. Heavy rain and poorly surfaced roads forced them to do so. Given the new situation the race was full on from the gun. Especially the climbers tried to proof theirselves.

    "Colombian Victor Nino Corredor of RTS-Santic rode off to take the KOM points," says sports director David McCann. "The chasing bunch was getting smaller and smaller but all Synergy Baku Cycling Project riders were able to hold on. In fact, they were even able to animate the race on the descent."

    Eibegger jumped away from the bunch with eventual stage winner Kamil Gradek of BDC-Marcpol. Together they were able to build up a lead of around 40 seconds until they were joined by Brammeier. The Irishman also seized his chance to gain some bonus seconds with the intermediate sprint coming up.

    "Matt took 3 bonus seconds, moving him closer to the Yellow Jersey," McCann continues. "After the intermediate sprint a well organized chase by the likes of Kolss, Drapac and Christina Watches saw the lead fall rapidly to just 20 seconds."

    Brammeier and Eibegger decided to wait for the bunch, while Gradek continued and managed to hold off the other riders. The lone leader took advantage of several puctures that saw the bunch riding in a lull for a while. Besides winning the stage in Nanjiang he was also able to take the Yellow Jersey.

    "Aleksandr Surutkovych, Matt and Markus were all active attacking the bunch. Yet none of their attacks was successful and the group came in sprinting for second," says McCann.

    Brammeier came in in eighth place and moved up into third position in the overall. "It was a good day today," he states. "I was feeling really good but I was a little unlucky at the end. I tried my luck in the last few kilometers. After being in the lead with Markus I tried it again with 5 kilometers to go only to be caught with 2.5 to go. I was pretty leg less for the sprint but managed eighth place. Also winning the days only bonus sprint I moved up to third overall. Tomorrow is a tough day but I'm aiming for a good race and hopefully can hold into a good GC place."

    Eibegger and Surutkovich finished in the bunch and remain high in the overall as well. This leaves the options for Synergy Baku Cycling Project wide open in the next coming days.

    The Tour of China I continues tomorrow with a 133 kilometer long and hilly stage to Pingchang. The race ends on Friday.
  • Azerbaijani scientist attends international conference in Russia
    02.09.2014 20:22
    Employee of Azerbaijan National Academy of Science's Shamakhi Astrophysical Observatory after Nasraddin Tusi O. Khalilov has participated in an international conference held in the Special Astrophysical Observatory of the Russian Academy of Science.

    The Azerbaijani scholar delivered a report at the conference, and held a number of meetings.
  • German delegation visits Milli Majlis
    02.09.2014 20:17
    Speaker of the Azerbaijani Parliament (Milli Majlis) Ogtay Asadov has met with a German delegation comprising Hanns-Eberhard Schleyer, chairman of the Board of the German-Azerbaijani Forum, former Secretary General of the German Confederation of Skilled Crafts, former State Secretary, Karin Strenz, MP, chair of the Parliamentary Friendship Group for Relations with the States of the Southern Caucasus, Raynold Robben, chair of the German-Israeli Society, Michael-Andreas Butz, Secretary General of the German-Azerbaijani Forum, former Secretary of State, and Rainer Lindner, CEO of the Eastern Committee of German Economy.

    The parliament speaker praised the activity of the Germany-Azerbaijan Forum, adding this will contribute to the bilateral relations between the two countries.

    On the Azerbaijan-Germany relationship, Asadov noted that bilateral ties between the two countries are rapidly developing. He underlined that Germany is one of the important partners of Azerbaijan in the European Union. Last year, trade turnover between the two countries exceeded USD 2.2 billion. It made up 1.3 billion dollars in the first half of the year. The sides acknowledged that there is room for increasing the trade turnover.

    Asadov found the need to develop interparliamentary relations even more. He said that the parliament of Azerbaijan has the working group for Azerbaijan-Germany interparliamentary ties and the friendship group functions at the German parliament. He underlined the need for cooperation between these groups.

    Asadov pointed out that a cohort of pupils from Azerbaijan`s Khanlar region visited Stuttgart three years ago and the return visit of Stuttgart pupils is expected to the Khanlar region.

    Schleyer said the Germany-Azerbaijan Forum contributes to the bilateral relations between the two nations. He noted that both sides make every effort to increase effectiveness of the forum.
  • European Center for Nuclear Research interested in cooperation with Azerbaijan
    02.09.2014 19:42
    Azerbaijan`s Minister of Communications and High Technologies Ali Abbasov has met a delegation of experts from the European Center for Nuclear Research (CERN).

    During the meeting, Minister Ali Abbasov spoke about reforms carried out in Azerbaijan for the development of high technologies, including activities and future plans of National Nuclear Research Center CJSC established under the Ministry of Communications and High Technologies (MCHT) to use nuclear technologies for peaceful purposes.

    Saying today nuclear technologies are used in industry, agriculture, medicine and other areas, the minister said Azerbaijan has potential stockpiles of nuclear materials, as well as relevant experience in the field of nuclear technologies, noted the work done in the republic up to date after the collapse of the former Soviet Union.

    Chief of the CERN department, head of the delegation Dr Wolf Rudiger said the center has 21 members and cooperates with many countries, and Azerbaijan is one of them. Noting the foundation of the cooperation established between CERN and Azerbaijan and the development stages, Rudiger expressed interest in developing this cooperation.

    They also exchanged views on highly skilled personnel training and expansion of joint research.
  • '˜Azerbaijan contributes to intercultural dialogueв'
    02.09.2014 19:21
    State councilor on multinational, multicultural and religious affairs Kamal Abdullayev has met Deputy Secretary General of the Council of Europe Gabriella Battaini-Dragoni as part of the 2014 Council of Europe Exchange on the religious dimension of intercultural dialogue.

    The meeting was attended by Head of the Azerbaijan's permanent mission to the Council of Europe Emin Eyyubov, head of the Council of Europe Baku office Dragana Filipovic, representatives of the State Committee on work with Religious Organizations and State Councilor's Office.

    The councilor told of the progress achieved in the country to deepen and develop intercultural dialogue, existing multicultural society in Azerbaijan, tolerant attitude towards other religions and cultures. He said President Ilham Aliyev is very sensitive to this area. As a result, the service of the State Councilor on multinational, multicultural and religious affairs was established.

    The President of Azerbaijan also signed an order to create the Baku International Multiculturalism Center with an aim to protect tolerance and culture, religious and linguistic diversity, study existing multicultural models.

    Gabriella Battaini-Dragoni hailed Azerbaijan's cooperation at all levels with the Council of Europe, saying Azerbaijan contributes to the intercultural dialogue. She said that the activities of the Heydar Aliyev Foundation and its President Mehriban Aliyeva are an example for multiculturalism.
  • Angeliki Ziaka: Tolerance in Azerbaijan is the best example to other countries
    02.09.2014 18:40
    "The existing tolerance in Azerbaijan is the best example to other countries," participant of the Council of Europe annual exchange on the religious dimension of intercultural dialogue, Professor of the Aristotle University of Thessaloniki Angeliki Ziaka has told AzerTAc.

    The Greek professor said tolerance in Azerbaijan dated back to ancient times, adding representatives of various religious and confessions had been co-existing in the country for centuries.

    "As a result of it, today people with different religions and confessions live together in peace in the territory of Azerbaijan."

    She also hailed the organization of the 2014 Council of Europe annual exchange on the religious dimension of intercultural dialogue in terms of holding exchange of view and experience.
  • NATO mulls over setting up training center in Georgia
    02.09.2014 18:24
    NATO may set up training center in Georgia - Secretary General Anders Fogh Rasmussen announced at the last briefing held before the Wales Summit.

    Secretary General oulines the top priorities of the NATO Summit, which will be held in Wales on Setember 4-5. According to Rasmussen, Georgia will be offered a new package, which will include `a defense capacity building mission and bring Georgia closer to the Alliance`.

    `We will establish what we call a defense capacity building mission in Georgia with a particular focus on the Ministry of Defense and assist Georgia in continued reforms and modernization of the defense and security sector. We will step up our efforts to improve the ability of the Georgian armed forces to work and operate together with NATO forces, including through more Georgian participation in NATO exercises. Occasionally military exercises might also be organized in Georgia in particular with the view to engaging NATO partners in such exercises. We are also considering the establishment of a military training center in Georgia again with the particular view to engaging NATO partners - that [training center] might also be of regional dimension. And finally, we are also considering an expansion of the NATO liaison office in Tbilisi,` Rasmussen said.
  • EU prepares new sanctions against Russia
    02.09.2014 17:48
    European Union governments will decide on a package of new sanctions against Russia by Friday.

    The statement came from Italian Foreign Minister Federica Mogherini told the European Parliament on Tuesday, calling for "the strongest possible response", APA reports quoting

    Mogherini, who will be the bloc's next foreign policy chief, said the European Commission, the EU executive, will present a strengthened package of sanctions against Russia over its military invasion of Ukraine by Wednesday.

    EU ambassadors will meet on Thursday and Friday and the decision will be taken by Friday, Mogherini said.
  • Azerbaijani soldiers to be able to call from military units
    02.09.2014 17:23
    Azerbaijani soldiers will be able to make telephone calls from military units.

    Baku telephone communication PU of the Azerbaijan's Ministry of Communication and High Technologies has started installing taxophones in the military units of Baku.

    Oxu.Az reports with reference to that the project is implemented with the support of Azerbaijan's Defense Ministry.

    Over the past two years the number of taxophones in the network of Azerbaijan's state communication operator dropped thrice from 1,200 to 400, with over 100 multimedia devices.

    One of the reasons, hampering the development of taxophone communication in Azerbaijan is the high level of mobile communication development and people's telephonization.
  • Milla becomes Official Supporter of Baku 2015 European Games
    02.09.2014 16:56
    Baku 2015 European Games is proud to announce that premium dairy supplier Milla has become an Official Supporter of the inaugural European Games.

    The agreement will see Milla support the Baku 2015 European Games through advertising in more than 5,000 stores around Azerbaijan and by carrying the Baku 2015 logo on all of their products and staff uniforms, the official website for the European Games reports.

    Their products will also be available at Baku 2015 competition venues via ice-cream vans and will further support the European Games with an extensive television advertising campaign.

    Mr Simon Clegg, Chief Operating Officer of Baku 2015, said: "Milla are a well-known and much-loved brand here in Azerbaijan and we are very pleased to welcome them as Official Supporters.

    "Their popular products will help us share our enthusiasm and excitement about the first ever European Games with millions of sports fans across the entire country."

    The partnership will see Milla advertise the European Games across Azerbaijan through related promotions, as well as featuring Baku 2015 branding on their delivery vans nationwide.

    Mr Philip Wright, Managing Director of Milla, said: "We are delighted to be joining the Baku 2015 European Games family by becoming an Official Supporter.

    "The Milla brand offers Azerbaijan a range of premium, healthy and innovative dairy products, which match the European Games' high standards.

    "The Games will be an amazing moment in the history of Azerbaijan, and we are proud to be able to say we are part of the journey to a sporting event that will be enjoyed by the whole of Europe."

    Mr Charlie Wijeratna, Commercial Director of Baku 2015, added: "Milla's strong reputation and brand visibility here in Azerbaijan mean they are the perfect partner for Baku 2015 and it is fantastic to be able to rely on their support."

    Milla becomes the third Official Supporter of the Baku 2015 European Games, after McDonald's and Tickethour.
  • President Ilham Aliyev congratulates Uzbek counterpart
    02.09.2014 16:53
    Azerbaijani President Ilham Aliyev congratulated Islam Karimov, President of Uzbekistan on the occasion of the Independence Day of Uzbekistan.

    "On my own behalf and on behalf of the people of Azerbaijan, I extend my heartfelt congratulations to you and the people of your country on the occasion of the public holiday of the Republic of Uzbekistan - Independence Day," President Aliyev said in his message.

    "Having secured a worthy place in the world community under your leadership, the brotherly Uzbekistan is confidently moving forward on the path of public, political and socio-economic development. Our people are bound together by time-tested moral and cultural values, friendship, cooperation and mutual support."

    "I am confident that the broad-based bilateral relations between Azerbaijan and Uzbekistan will further meet the best interests of our people and make a comprehensive contribution to the development and flourishing of our countries. On this auspicious day I wish you good health, happiness and success and the friendly people of Uzbekistan peace and prosperity," the president added.

  • Bulgarian president to visit Azerbaijan
    02.09.2014 16:46
    President of Bulgaria Rosen Plevneliev will visit Azerbaijan in the third week of September to attend the groundbreaking ceremony of the Trans-Adriatic pipeline (TAP), APA reports.

    Presidents of Turkey, Greece, Albania and other countries will participate in the event.

    Earlier, the Bulgarian president said that the launch of gas pipeline system between Turkey and Bulgaria will allow them to receive gas from Azerbaijan, Iran, Qatar and other countries.
  • Supermoon in Baku highlighted in Russian media
    02.09.2014 16:32
    Russian portal made '‹'‹their traditional photo report of most important shots in August.

    According to Oxu.Az, a photo from Baku by '‹'‹Faik Nagiyev is among the best shots of the past month.

    "Sometimes only one photo can tell a story or cause a storm of emotions. These pictures appear daily in's Photo of the Day column", the portal writes.

    "Sometimes it's just a good angle or the right moment. Sometimes it is a beautiful landscape or unique phenomenon. Most often, it's just a chronicle of our amazing daily life, documented by photographers from around the world ... ", the article states.
  • Russian ruble falls in death bed efter sanctions
    02.09.2014 16:29
    Russia's currency has hit its lowest level ever against the U.S. dollar as the risk of new Western sanctions threatens more economic damage.

    The European Union said Saturday that it was preparing to issue new sanctions as soon as this week in response to signs that Russia had sent troops into Ukraine.

    Russia has denied that its armed forces are active in the country.

    The ruble slid 0.5% against the dollar Monday, taking its losses for the year to about 13%. One dollar will now buy you about 37.5 rubles.

    The sliding currency will make life harder for Russians by raising the cost of imports, which could further fuel inflation that has already risen to about 7.5%.

    Russia's central bank has hiked interest rates three times since March to tame inflation and defend the ruble, but may find it politically tricky to raise the cost of borrowing still further.

    "The bank has come under heavy criticism from a number of government officials for tightening monetary policy in times when the economy is extremely weak," said Liza Ermolenko, an emerging markets economist at Capital Economics.

    Russia's slowing economy has been brought to the brink of recession by the crisis, which has scared off investors and depressed consumer sentiment.

    Sanctions, and the threat of more to come, are beginning to hurt Russian and Western companies.

    The chill in trade -- including a Russian ban on many European food imports -- also threatens to push Europe's economy into reverse.

    Eurozone growth evaporated in the second quarter and the latest data for August showed activity in the region's manufacturing sector hit a 13-month low.

  • Russiaв's RIA Novosti agency commits another provocation against Azerbaijan
    02.09.2014 16:26
    Russiaв's RIA Novosti (Rossiya Segodnya) International Information Agency has committed another informative provocation against Azerbaijan.

    The APA correspondent to Moscow reported that the agency has published an article on the 23rd anniversary of the illegal Nagorno-Karabakh Republic in reference to its Yerevan correspondent.

    The article contains distorted information regarding Azerbaijan's territorial integrity and history, depicting Nagorno-Karabakh as an integral part of Armenia in the Early Middle Ages.

    Prof. Musa Gasimli, MP, Doctor of Historical Sciences, said in his statement to APA the claims contained in the article of the RIA Novosti agency are unfounded. Prof. Gasimli said historical accounts prove that Armenians are not aboriginal in the South Caucasus region. According to him, a simple look at the text of the Kurekchay treaty on the annexation of the Karabakh Khanate to Russia signed in 1805 would be enough to come to this conclusion: "Let the asserters of such an unsubstantiated claim see whose signature is at the bottom the Kurekchay treaty, whether Armenians or their names are mentioned there. No, they're not! Karabakh has been an Azerbaijani khanate and annexed by Russia as an Azerbaijani khanate. In the South Caucasus, there has not been a country named Armenia. Armenians began to be systematically relocated to the South Caucasus after the treaties of Gulustan (1813) and Turkmenchay (1828). The Tsarist government of Russia has hundreds of documents in this regard. The first Armenian state was created in 1918 in Turkish lands, and its initial name was the Republic of Ararat"

    APA's note: ""The history of independence" of the so-called "Nagorno Karabakh Republic" was also distorted in the article. Events and facts occurred in recent decades were falsified in favor of Armenians and it was noted that majority of the population are Armenians. Unfortunately, it isn't the first informative provocation against the territorial integrity of Azerbaijan by one of the leading agencies of Russia. Journalist Vadim Dubnov posted an article titled "Nagorno Karabakh is used to being unrecognized for 25 years" on the website of the RIA Novosti agency in February 2013. This article brought about Azerbaijan's note to Russia. Following this, RIA Novosti has removed the article from the website.

    RIA Novosti's this step doesn't conform to the spirit of partnership between the two countries. Relations between the two countries reached the level of strategic partnership thanks to the policies pursued by the Azerbaijani and Russian presidents, the parties repeatedly emphasized the importance of raising these relations of mutual interests to a higher level. Such a position from Russia's leading news agency, running contrary to the friendly inter-state relations, shows that some media outlets prefer the interests of certain groups rather than those of the state. Media preferring the interests of a particular group affects not just the inter-state relations, but also itself. Russia's recent history is rich enough with such facts and RIA Novosti should take these facts into account before taking such a step.

    Currently, the agency's Director General is Dmitry Kiselev and editor-in-chief Margarita Simonyan.
  • Representatives of Turkish Travel Agencies Association visit Azerbaijan
    02.09.2014 16:24
    Representatives of the Association of Turkish Travel Agencies (TÜRSAB) have been on a business trip in Azerbaijan. As part of their visit, TÜRSAB representatives have met the Deputy Minister of Culture and Tourism of Azerbaijan Nazim Samadov.

    During the meeting the sides discussed prospects of tourism relations between the two countries and the future projects.
  • World's oldest woman lives in Mexico
    02.09.2014 16:22
    Feliz cumpleaГ±os, Leandra Becerra Lumbreras.

    The Mexican woman thought to be the oldest person in the world reportedly turned 127 on Sunday, according to the Metro.

    Lumbreras says she was born on Aug. 31, 1887.

    Her family said her secrets to longevity are eating chocolate, sleeping a lot and not getting married.

    "She was always a woman who fought. She was still sewing and weaving until about two years ago,в' granddaughter Miriam Alvear, 43, told El Horizonte, according to a translation by Metro.

    But as the Telegraph reports, Lumbreras lost her birth certificate during a move 40 years ago.

    According to El Horizonte, Lumbreras has 73 great-grandchildren and 55 great-great-grandchildren.

    "Her parents were singers," Alvear said. "She loves to entertain her grandchildren with the old songs they taught her."

  • Could we soon send emails 'telepathically'? Scientist transmits message into the mind of a colleague 5,000 miles away using brain waves
    02.09.2014 16:18
    Brain-wave sensing machines have been used to lsquo;telepathically' control everything from real-life helicopters to characters in a computer game.

    Now the technology has gone a step further by allowing someone in India to send an email to his colleague in France using nothing but the power of his mind.

    The researchers used electroencephalography (EEG) headsets to record electrical activity from neurons firing in the brain, and convert the words lsquo;hola' and lsquo;ciao' into binary.

    n EEG, electrical currents in the brain are linked with different thoughts that are then fed into a computer interface. This computer analyses the signal and controls an action.

    In the latest study, published in Plos One, researchers decided to replace the computer interface with another brain to receive the signals.

    In the initial test, the greeting was sent from a volunteer in Thiruvananthapuram, India to Strasbourg, France.

    There, a computer translated the message and then used electrical stimulation to implant it in the receiver's mind.

    This message appeared as flashes of light in the corner of their vision.

    The light appeared in sequences that allowed the receiver to decode the information in the message.

    Researchers then conducted a similar experiment in which thoughts were successfully transmitted from two participants, one in Spain and one in France.

    The second experiment resulted in a total error rate of just 15 per cent, with a 5 per cent on the encoding side and roughly 11 per cent on the decoding.

    The technology was developed as part of a collaboration between the University of Barcelona in Spain, Axilum Robotics in France, Harvard Medical School and Starlab Barcelona in Spain.

    According to the researchers, this is the first time humans have sent a message lsquo;almost directly' into each other's brains.

    lsquo;We anticipate that computers in the not-so-distant future will interact directly with the human brain in a fluent manner, supporting both computer- and brain-to-brain communication routinely,' they wrote.

    Human-to-brain technology is also gaining traction. In May, German scientists showed how seven pilots used mind control to fly with lsquo;astonishing accuracy.'

    In a simulation, several of the pilots managed the landing approach under poor visibility, while one was able to land a few metres from the runway's central line.

    Meanwhile, in June, University of Oregon researchers unveiled a device that claimed to be able to monitor memories in near real time to see what a person is thinking.
  • European Commissioner for Energy to discuss prospects of cooperation with Azerbaijan
    02.09.2014 16:12
    European Commissioner for Energy, Gunther Oettinger will discuss the prospects for energy cooperation with Azerbaijan in Baku.

    Oettinger will visit Baku to attend an informal meeting of the energy ministers of the EU Eastern Partnership participating countries, to be held Sept. 9, diplomatic sources told Trend.

    Earlier Azerbaijan took the initiative to hold an informal meeting of ministers of foreign affairs and energy ministers of the EU Eastern Partnership.

    To this end, the foreign ministers and the energy ministers of the Eastern Partnership will meet on Sept. 8-9 in Baku. The meetings are planned to discuss prospects for cooperation.

    It is expected that the EU will be represented at these meetings by the European Commissioner for Enlargement and European Neighborhood Policy, Stefan Fule and Commissioner for Energy, Gunther Oettinger.

    During the visit, Oettinger will meet with the Azerbaijani officials and discuss topical issues of cooperation.

    Azerbaijan is on the threshold of starting gas supplies to Europe.

    The gas to be produced as part of the Stage 2 of the Azerbaijani 'Shah Deniz' offshore gas and condensate field's development will be delivered to Europe (10 billion cubic meters) through the creation of the Trans Anatolian Natural Gas Pipeline (TANAP) and the Trans-Adriatic Pipeline (TAP).

    These projects are a part of the Southern Gas Corridor, designed to diversify the sources of gas supply to Europe.

    In September 2013, the consortium for development of the 'Shah Deniz' field signed long-term contracts with buyers of the Azerbaijani gas in Europe.

    The signed agreements on the sale of gas are designed for 25 years.

    The contracts for the purchase of the gas from the Stage 2 of the Shah Deniz field's development were signed in Baku with Shell, Bulgar Gas, DEPA, Gas Natural Fenosa, EON, Gaz de France, Hera, Enel, and Axpo companies.

    The EU program Eastern Partnership covers six countries, including Azerbaijan.

    It is an initiative of Poland and Sweden aimed at improving relations with the countries of the Commonwealth of Independent States (CIS) as part of the European Neighborhood Policy.

  • President visits school No 54 after its repair
    02.09.2014 16:12
    President of Azerbaijan Ilham Aliyev familiarized with the state of secondary school No 54 in the Nasimi district of Baku after major overhaul.

    Oxu.Az reports with reference to AzerTag that chief of the Baku executive power Hajibala Abutalibov informed the head of state about the work conducted in secondary school No 54.

    The president was informed that the school building was constructed in 1976. The three-storied school consists of two buildings. There are 56 classrooms for 1076 schoolchildren at the school.

    The major reconstruction of secondary school No 54 was held in anticipation of the new academic year. The modern major repair of all classrooms and subject rooms was made. The school is equipped with the most advanced facilities. A classroom for basic military training was created for raising the patriotism and military training of schoolchildren and the most advanced lighting system was installed. Accommodation and greening works were held around the school in an area of 1.5 hectares.

    The head of state inspected the conditions created in the classrooms.
  • Former UN Secretary-General receives Nizami Ganjavi award
    02.09.2014 16:01
    Former UN Secretary General Boutros Boutros-Ghali received the Nizami Ganjavi award, the State Committee for Work with the Diaspora stated.

    A meeting between the 6th UN Secretary-General Boutros Boutros-Ghali and the executive director of the International Center of Nizami Ganjavi, Rovshan Murodov took place in the central headquarters of YUNESKO in Paris, the report states. The meeting was held within the framework of the project implemented in connection with the second anniversary of the organization, and an honorary member of the Center received the Nizami Ganjavi award.

    III Global Forum of corporative society to be held in 2015 in Baku was discussed at the meeting with the participation of the former UN Secretary-General as well as the exchange of views on the meeting which will take place in Andorra from the 4th till the 7th of September in connection with the Forum.

    Ghali emphasized the importance of the meeting organized on the initiative of the International Center of Nizami Ganjavi and the Club de Madrid, and by the support of the State Committee for Work with the Diaspora. He said that discussions on the topic of "Restoring Confidence in Europe" is an important step today against the background of conflict and intense political processes in Europe and the terrorist wave observed in the Muslim world.

    Holding of the meeting in Andorra is planned with the participation of management and members of the International Center of Nizami Ganjavi and the Club de Madrid.

    Bill Clinton, Vaira Vike-Freiberga and others are recipients of the Nizami Ganjavi award.

  • Final preparation work done for intellectual property labeling in Azerbajan
    02.09.2014 15:53
    By AzerNews

    Azerbaijan's Copyright Agency has completed technical and organizational works on implementation of special control marks in the production of intellectual property, the agency reported.

    The Center for Intellectual Property Rights under the agency will regulate issuing of control marks for the objects of copyright.

    The special control holograms will be used on software products, medicines packages, book covers (including religious books), etc.

    It is expected that all products in Azerbaijan, including those subjected to copyright, and related rights will be provided with special control marks.

    Currently an electronic system has been created for issuing control marks. In addition, a system "Track amp; Trace" that allows to determine the legitimacy of the control marks distantly, was created for smart phones.

    "The format of control marks is already defined, and works on their purchase have come to an end. Application of the control marks is expected in the near future. Control hologram will be issued for the relevant bodies of executive power product copyright production manufacturers upon their request. The request will be reviewed within seven working days. If there are no faults in the request the decision to issue control marks will be made within five working days," the agency said.

    The cost of one hologram for all the subject of labeling products of intellectual property is 0.15 manats ($0.19).

    Products distributed without these holograms will be considered piracy and the their distributers will be fined in accordance with the Code of Administrative Offences.

    Moreover, work on the launch of online copyright protection system in Azerbaijan is in its final stage.

    "The main issue is the application of digital monitoring and licensing," the agency said. "Online copyright protection is quite a complicated process, and works on this project are being conducted intensively and will be completed in the near future."

    The Center for Intellectual Property Rights will deal with the copyright protection online, and regulation will be provided by law and governance arrangements in this area.

    According to the Software Alliance, the piracy rate in Azerbaijan have reached to about 87 percent, but the agency said the figure is not the highest across the CIS countries.

    The fight with illegal production continues in the country. Development of a national strategy on intellectual property and setting up systems of online management of digital rights are also expected in the country.
  • President Ilham Aliyev received a German delegation
    02.09.2014 15:49
    President of the Republic of Azerbaijan Ilham Aliyev has received a German delegation comprising Hanns-Eberhard Schleyer, chairman of the Board of the German-Azerbaijani Forum, former Secretary General of the German Confederation of Skilled Crafts, former State Secretary, Karin Strenz, MP, chair of the Parliamentary Friendship Group for Relations with the States of the Southern Caucasus,Raynold Robben,chair of the German-Israeli Society, Michael-Andreas Butz, Secretary General of the German-Azerbaijani Forum, former Secretary of State, and Rainer Lindner, CEO of the Eastern Committee of German Economy.

    Noting thatAzerbaijanandGermanywere actively cooperating in different areas of economy, the head of state said there were good opportunities for German companies' participation in infrastructure and various investment projects.

    President Ilham Aliyev stressed the importance of the business forum that took place as part of his visit toGermany. Hailing the activities of the German-Azerbaijani Forum, the head of state emphasized its importance in terms of raising the German society's awareness of Azerbaijan's realities and achievements.

    Saying that he was happy to see the Azerbaijani President once again,Hanns-Eberhard Schleyer said that bilateral relations between the two countries were successfully developing. He said the delegation included influential politicians and entrepreneurs.

    The parties discussed a wide range of issues, including the development of German-Azerbaijani relations on various fronts, particularly in political, economic, energy, investment and infrastructure, settlement of the Armenian-Azerbaijani Nagorno-Karabakh conflict, and the latest regional and global developments.
  • Ancient footprints discovered in Bursa
    02.09.2014 15:48
    Footprints dating back to the Neolithic period (6,400 B.C.) have been discovered during excavations in BarГ§Д±n tumulus in the northwestern province of Bursaв's YeniЕџehir district.

    Koç University academic, Rana Özbal, said works had been continuing in BarçД±n tumulus since 2007 under the coordination of the Culture and Tourism Ministry and the Dutch Research Institute, Hurriyet Daily reports.

    She said the oldest settlement in the region dated back to 8,600 B.C., adding, "The houses in tumulus are semidetached. In one of the houses, we have found a pair of footprints and now we are searching for how they appeared."

    "The floor of the house was plastered. When the plaster was still wet, the footprints remained on the floor. Sometime later the house burned down. Thanks to this fire, the prints have remained until now. According to radiocarbon estimations, the footprints date back to 6,450 B.C," she added.

    Even though several footprints were discovered during the Marmaray excavations in Istanbul, Özbal claimed that the ones in YeniЕџehir were much older.

    Conservation expert Evren KД±vançer, who is working on the footprints, said those prints could not be kept in the excavation area. "To make it an artwork, we had to take these footprints from the excavation area and stabilize them. The prints had become hard thanks to the fire. This made our work easier," KД±vançer said, adding "these prints are good enough to tell us the person's height, weight and even gender."
  • Earthquake jolts Azerbaijani sector of Caspian Sea
    02.09.2014 15:44
    The earthquake was registered in the Caspian Sea on September 2 at 07:47, according to a statement posted on the website of the Republican Seismological Service Center of the Azerbaijani National Academy of Sciences.

    The earthquake occurred at a depth of 29 kilometers.

    The tremors were not felt.

  • Chicharito signs Real Madrid deal
    02.09.2014 15:43
    Real Madrid have confirmed that they have secured the services of Javier "Chicharito" Hernandez on loan from Manchester United for the 2014-15 campaign, with an option to make the move permanent at the end of the season.

    Madrid were in the market for a new striker following the exit of Alvaro Morata to Juventus earlier this summer and they have now found the back-up for main striker Karim Benzema that head coach Carlo Ancelotti had requested.

    On Monday, Madrid confirmed the deal for the Mexico international, who has failed to nail down a first-team spot at Old Trafford.

    "Real Madrid and Manchester United have reached an agreement over the loan deal of Javier "Chicharito" Hernandez, who will be playing for Madrid this season," a statement on the club's official website reads.

    "Madrid have an option to buy the player outright.

    "Javier Hernandez will be unveiled to the media in the press room Monday at 16:30CET."

    The 26-year-old had joine United from Guadalajar in the summer of 2010 and had since made over 100 Premier League appearances for the Premier League outfit.

    Nevertheless, he made the majority of his appearances coming off the bench due to the presence of Wayne Rooney and Robin van Persie at the club and he was keen to move on following the imminent arrival of Radamel Falcao from Monaco.

    Hernandez won two Premier League titles during his time in England.

  • NGO Council signs grant agreements with Italian NGOs
    02.09.2014 15:39
    NGO Council of State Support under the President of Azerbaijan signed grant agreements with the Italian Classis-Project and Epoke NGO.

    At the event, the Chairman of the Council Azay Guliyev said that the cooperation with these organizations would contribute to the expansion and strengthening of friendship and partnership between Azerbaijan and Italy.

    He also added that within the framework of the projects data of the NGOs will play an important role in creation of an information portal on Azerbaijan, as well as in conducting of historical, economic and cultural research, the dissemination of truthful information about the Armenia-Azerbaijan, Nagorno-Karabakh conflict to the Italian public.

    Coverage of the Nagorno-Karabakh conflict will be one of the main topics of the mentioned information portal. Conferences and discussions on the topic will be held as well.

    Classis-Project is an organization dedicated to campaigning in some regions and this project provides agitation of history, cultural heritage, socio-political, economic achievements of Azerbaijan in Italian.

    The project's founder Paola Casagrande expressed gratitude for the support of the project. Italian ambassador to Azerbaijan Campaolo Kutilo praised the role of civil society in strengthening of Azerbaijan-Italy relations.

    The head of the inter-parliamentary working group on cooperation between Azerbaijan and Italy, MP Azer Kerimov said that the Milli Majlis has always supported the cooperation between NGOs of the two countries.

    Epoke organization is engaged in research of public opinion, economic market analysis and scientific researches. As part of the grant project, the NGO will conduct special studies on Azerbaijan.

    A special contest will also be held among undergraduates, postgraduates and PhD's of 25 influential universities of Italy. Winners will be invited to Azerbaijan. Those who wish to continue their study will receive a one-year scholarship. They will write a research paper on one of the suggested topics.
  • SOCAR reduces export of petroleum products
    02.09.2014 15:37
    SOCAR has reduced export of petroleum products.

    According to the statistics on export of petroleum products of the Marketing amp; Economic Operations Department of the State Oil Company of Azerbaijan (SOCAR), in August the Department decreased export of petroleum products by 31.6% compared to the figures of July 2014 when the export was increased 1.8-fold, Fineko/ reports.

    According to the SOCAR, overall export of Azeri oil products totaled 192,056 tons in August, versus 280,705 tons in July (the best level for 2014) and 21,983 tons in April (the worst monthly index).

    This August the export of oil products included 59 tons of petrol, 101,376 tons of diesel fuel, 19,933 tons of jet fuel 70,452 tons of vacuum gasoil and 239 tons of black oil.

    "In 2014 export of oil products makes up so far 1.036 million tons, including 745 tons of petrol, 629,606 tons of diesel fuel, 119,715 tons of jet fuel, 285,882 tons of gasoil and 417 tons of black oil," SOCAR reported.

    In 2013 export of oil products amounted to 1.046 million tons, including 14,250 tons of motor fuel, 899,905 of diesel fuel, 131,322 tons of jet fuel, and 657 tons of furnace fuel. The export peak accounted for April (113,405 tons).

    Over 2012 export totaled 1.2 million tons, including 113,027 tons of vacuum gas oil, 921,570 tons of diesel fuel, 60,142 tons of motor petrol, 145,980 tons of jet fuel, and 3,023 tons of black oil. The best export index was recorded in December - 138,144 tons.

    In 2011 export reached 1.448 million tons (including 104,269 tons in December) and in 2010 - 1.846 million tons.

    In 2009 overall export of petroleum products made up 1.968 million tons versus 2.58 million tons over 2008.
  • Armenia struggling with demographic crisis
    02.09.2014 15:35
    By AzerNews

    Demographic crisis has reached its peak in Armenia as estimations say there will be no first-graders in the Berkaber village of Tavush region this year.

    The unpleasant tendencies are observed in other parts of the country on the background of the decline of birthrate.

    Immigration is believed to be one of the main reasons behind birthrate decline in Armenia. Deteriorating socio-economic situation, high poverty rate, unemployment and lack of a promising prospect are the main drive for desertification of South Caucasus country.

    Mass immigration is a great concern for the government which has decided to encourage large families across the country with fertility rate (births per woman) at 1.6 - far from the normal 2-2.1.

    However, Prime Minister Hovik Abrahamyan later put on hold the program for an indefinite time due to financial hardship, depriving large families of hope to survive.

    From 2008 to 2013, immigration reached 30.000-35.000 people per year. The statistics of the first quarter of 2014 is also very unpleasant. The number of citizens who left Armenia in the first quarter of 2014 was 21.218 more than the same period in 2013.

    As many as 45,000-50,000 people leave Armenia each year, official statistics suggests.

    The Armenian State Migration Service recently reported that the share of citizens leaving the country with their family was 40 percent of the total immigration outflow some years ago but it has risen to 60 percent now.

    The demographic crisis is only one of many crises that Armenia is grappling with.
  • Cholesterol level depends on sex and social status
    02.09.2014 15:34
    Experts of Cambridge University (UK) have proved that the level of "harmful" cholesterol has a close relationship with the sex of man, his social status and level of income. Thus, the amount of cholesterol in males is strongly dependent on the presence or absence of physical exertion. Extra fat and cholesterol prevent blood vessel to overtake at a normal rate, impede blood flow.

    More than 22 thousand volunteers aged 39-79 years participated in the study.

    Scientists considered such indicators as body mass index, alcohol intake, and social status of people.

    Analysis was performed on blood cholesterol levels.

    The data obtained confirmed the assumption of experts.

    In women with a high education cholesterol was lower. And the figure does not depend on the amount of alcohol consumed. If we compare the level of cholesterol in men and women, among the female population its level is relatively higher. Cholesterol men greatly affected by lifestyle: addiction to alcohol, trips to the gym and the type of work.

    Scientists believe that physical activity reduces the level of "harmful" cholesterol and act as prevention of diseases of the cardiovascular system.
  • David Cameron introduces new anti-terror laws
    02.09.2014 15:33
    David Cameron yesterday laid out new powers to seize passports at UK borders of Britons suspected of travelling abroad to fight with terror groups, among a raft of new proposals to combat jihadists carrying out attacks in Britain.

    The Prime Minister also said the government would "work up" laws for discretionary powers to ban suspect British nationals from returning to the UK.

    Mr Cameron told MPs it was "abhorrent" British citizens who pledge allegiance elsewhere were able to return to the UK and pose a threat to national security.

    The new powers will be introduced to bolster terrorism prevention and investigation measures (Tpims), including "stronger locational constraints", he said.

    The measures were announced yesterday by Mr Cameron as he confirmed 500 British citizens have joined the extremist jihadist group Islamic State (IS) operating in Syria and Iraq, and now pose a "serious" threat to the UK.

    Among the other proposals the Prime Minister intends to bring forward are new powers to prevent aircraft from landing if they have not met strict new security criteria on passenger lists and terrorists being required to undergo de-radicalisation programmes.

    In a statement to parliament, he also announced stronger powers on the relocation of terror suspects are to be re- introduced, sparking Labour heckles about the abolition of Labour-introduced control orders which allowed relocation of suspects but were replaced with weaker restrictions by the coalition.

    There was also confusion over when the government would introduce the new measures, with a Downing Street spokesman insisting it would be "as swift as possible", but unable to give a timetable for them.
  • Armistice violation kept by Armenian troops
    02.09.2014 15:27
    Over the past 24 hours Armenians opened fire at the Azerbaijani armed forces from the positions near the villages of Marzili, Yusifjanli of the Aghdam region, Mehdili of the Jabrayil region and the nameless heights of the Fizuli region, Azerbaijan's Defense Ministry said Sept. 2.

    The opposing side was silenced with return fire.

    The conflict between the two South Caucasus countries began in 1988 when Armenia made territorial claims against Azerbaijan.

    As a result of the ensuing war, in 1992 Armenian armed forces occupied 20 percent of Azerbaijan, including the Nagorno-Karabakh region and seven surrounding districts.

    The two countries signed a ceasefire agreement in 1994. The co-chairs of the OSCE Minsk Group, Russia, France and the U.S. are currently holding peace negotiations.

    Armenia has not yet implemented four U.N. Security Council resolutions on the liberation of the Nagorno-Karabakh and the surrounding regions.

  • SOCAR, BP expand cooperation
    02.09.2014 15:13
    Azerbaijan's State Oil Company (SOCAR) and the British company BP, which operates a number of major oil and gas projects in Azerbaijan, signed on Sept. 1 two documents on the workforce development and expansion of cooperation in the human resources area.

    The parties signed a cooperation agreement for training of the domestic workforce at Gobustan Regional Training Center, and a memorandum of understanding on a coordinated recruitment and appointment process.

    The cooperation agreement was signed by the SOCAR Vice-President for Human Resources, Information Technologies and Regulations, Khalik Mammadov and BP-Azerbaijan Vice-President for Communications, External Affairs and Security, Huseyn Mammadov.

    At the same time the memorandum of understanding was signed by Khalik Mammadov and BP-Azerbaijan Vice President for Human Resources, Leyla Novruzova.

    The signed documents will allow further enhancing cooperation between the parties for nationalization of local human resources in demanded specialties in the oil and gas sector.

    Under the first document, BP agrees to train hundreds of local young Azerbaijanis living in the settlements of Sangachal, Umid, Azimkend and Gobustan.

    This document will also contribute to the training of skilled workers.

    On the other hand, the memorandum of understanding will create a sound basis to regulate joint activities with the aim of rationally using the country's labor resources.

  • Whatsapp on way with super novelty
    02.09.2014 15:04
    According to news report, mobile messaging service WhatsApp may soon introduce free voice calling feature to its list of features. At the Mobile World Congress earlier this year, WhatsApp CEO Jan Koum announced its plans of adding voice services to its feature list during the second quarter. During the same time, it had revealed to bring voice to Android and iOS first, followed by some Nokia and BlackBerry phones. Now it looks like the feature is set to launch very soon.

    In a recent revelation by WPCentral, some volunteers who translate the appв's Hindi version were apparently asked to translate new strings. The translation requests were for the words 'Hang upв', 'Incoming callв' and 'Outgoing callв', clearly indicating the upcoming voice calling functionality.

    ''The leaked images of the upcoming user interface shows that the app has been enabled with other language translations which will be displayed at the time a person receives a call via WhatsApp,'' a report on stated.

    В WhatsApp is already one of the most popular smartphone messaging apps. The latest reports show that WhatsApp has crossed 600 million active users and crossed 50 million active users in India alone. The addition of free calling could boost its rank and broaden its user-base, while taking on existing free-calling apps such as Viber and Line.

  • Interior Ministry: Surveillance cameras installed in Alley of Martyrs in Baku
    02.09.2014 14:58
    The Ministry of Interior Affairs of Azerbaijan (MIA) has issued a statement regarding the installation of surveillance cameras in the Alley of Martyrs in Baku.

    Deputy Chief of the ministry's press service Ehsan Zahidov told APA that this decision was made in order to prevent unpleasant cases and carry out constant supervision over the area.

    According to him, a criminal case has been launched regarding the fact of an abusive act committed on graves in the Alley of Martyrs on the night of August 21-22, and the culprit is being searched.

    A group of unidentified men had committed an abusive act on the graves of Ilham and Fariza Allahverdiyevs on the above-mentioned date. The Baku City Prosecutor's Office has initiated a criminal case on fact under article #245 of the Criminal Code. The investigation department of the Baku City Main Police Office is to conduct an investigation into the criminal case. Urgent investigative actions to find and arrest the committer(s) of the criminal act are underway.
  • Democracy in the Twenty-First Century
    02.09.2014 14:56
    By Joseph E. Stiglitz

    The reception in the United States, and in other advanced economies, of Thomas Piketty's recent book Capital in the Twenty-First Century attests to growing concern about rising inequality. His book lends further weight to the already overwhelming body of evidence concerning the soaring share of income and wealth at the very top.

    Piketty's book, moreover, provides a different perspective on the 30 or so years that followed the Great Depression and World War II, viewing this period as a historical anomaly, perhaps caused by the unusual social cohesion that cataclysmic events can stimulate. In that era of rapid economic growth, prosperity was widely shared, with all groups advancing, but with those at the bottom seeing larger percentage gains.

    Piketty also sheds new light on the "reforms" sold by Ronald Reagan and Margaret Thatcher in the 1980s as growth enhancers from which all would benefit. Their reforms were followed by slower growth and heightened global instability, and what growth did occur benefited mostly those at the top.

    But Piketty's work raises fundamental issues concerning both economic theory and the future of capitalism. He documents large increases in the wealth/output ratio. In standard theory, such increases would be associated with a fall in the return to capital and an increase in wages. But today the return to capital does not seem to have diminished, though wages have. (In the US, for example, average wages are down some 7% over the past four decades.)

    The most obvious explanation is that the increase in measured wealth does not correspond to an increase in productive capital - and the data seem consistent with this interpretation. Much of the increase in wealth stemmed from an increase in the value of real estate. Before the 2008 financial crisis, a real-estate bubble was evident in many countries; even now, there may not have been a full "correction." The rise in value also can represent competition among the rich for "positional" goods - a house on the beach or an apartment on New York City's Fifth Avenue.

    Sometimes an increase in measured financial wealth corresponds to little more than a shift from "unmeasured" wealth to measured wealth - shifts that can actually reflect deterioration in overall economic performance. If monopoly power increases, or firms (like banks) develop better methods of exploiting ordinary consumers, it will show up as higher profits and, when capitalized, as an increase in financial wealth.

    But when this happens, of course, societal wellbeing and economic efficiency fall, even as officially measured wealth rises. We simply do not take into account the corresponding diminution of the value of human capital - the wealth of workers.

    Moreover, if banks succeed in using their political influence to socialize losses and retain more and more of their ill-gotten gains, the measured wealth in the financial sector increases. We do not measure the corresponding diminution of taxpayers' wealth. Likewise, if corporations convince the government to overpay for their products (as the major drug companies have succeeded in doing), or are given access to public resources at below-market prices (as mining companies have succeeded in doing), reported financial wealth increases, though the wealth of ordinary citizens does not.

    What we have been observing - wage stagnation and rising inequality, even as wealth increases - does not reflect the workings of a normal market economy, but of what I call "ersatz capitalism." The problem may not be with how markets should or do work, but with our political system, which has failed to ensure that markets are competitive, and has designed rules that sustain distorted markets in which corporations and the rich can (and unfortunately do) exploit everyone else.

    Markets, of course, do not exist in a vacuum. There have to be rules of the game, and these are established through political processes. High levels of economic inequality in countries like the US and, increasingly, those that have followed its economic model, lead to political inequality. In such a system, opportunities for economic advancement become unequal as well, reinforcing low levels of social mobility.

    Thus, Piketty's forecast of still higher levels of inequality does not reflect the inexorable laws of economics. Simple changes - including higher capital-gains and inheritance taxes, greater spending to broaden access to education, rigorous enforcement of anti-trust laws, corporate-governance reforms that circumscribe executive pay, and financial regulations that rein in banks' ability to exploit the rest of society - would reduce inequality and increase equality of opportunity markedly.

    If we get the rules of the game right, we might even be able to restore the rapid and shared economic growth that characterized the middle-class societies of the mid-twentieth century. The main question confronting us today is not really about capital in the twenty-first century. It is about democracy in the twenty-first century.

    Copyright: Project Syndicate, 2014.

  • Falcao joins ManU
    02.09.2014 14:46
    Manchester United have completed the signing of Monaco striker Radamel Falcao on a season-long loan deal.

    The Red Devils will pay a €12 million-plus loan fee for the 28-year-old in addition to a significant portion of his €380,000-a-week Monaco wages and will have the option to buy at the end of the loan.

    Falcao flew into Manchester by private jet on Monday afternoon to complete a medical at the club's Carrington training base and pen personal terms.

    The Colombia international becomes United's sixth summer signing after Luke Shaw, Ander Herrera, Marcos Rojo, Angel Di Maria and Daley Blind.

  • President Ilham Aliyev signs Order to establish awards for Azerbaijani sportsmen with best olympic results
    02.09.2014 14:22
    President of Azerbaijan Ilham Aliyev signed an Order to establish awards for Azerbaijani athletes and their coaches for best results at the 2nd Summer Youth Olympic Games.

    Under the Order, each athlete for the first place will receive 50,000 manat, his coach '" 25, 000 manat, each athlete for the second place will receive 30,000 manat, his coach '" 15,000 manat, each athlete for the third place will receive 20, 000 manat, his coach '" 10,000 manat.

  • ISIS forces still under bomb torrent of U.S. air forces
    02.09.2014 14:02
    U.S. military forces continued to attack the Islamic State (IS) force in Iraq, using fighter and attack aircraft to conduct three airstrikes Sunday and Monday near the Mosul Dam, according to a statement of U.S. Central Command on Monday.

    The strikes destroyed three IS trucks, severely damaged another, destroyed an IS armed vehicle, and destroyed a mortar position near the Mosul Dam, the statement said, adding that all aircraft exited the strike area safely.

    These strikes were conducted under authority to protect U.S. personnel and facilities, support humanitarian efforts, and support Iraqi forces that are acting in furtherance of these objectives, it said.

    U.S. Central Command has conducted a total of 123 airstrikes across Iraq.

    The White House said Monday that its latest round of airstrikes in Iraq are "consistent" with prior military missions the White House has authorized to date in Iraq -- "to protect U.S. personnel and facilities and to address the humanitarian situation on the ground."

    Meanwhile, U.S. President Barack Obama said he had authorized U. S. Armed Forces to conduct targeted airstrikes in support of an operation to deliver humanitarian assistance to the town of Amirli, where thousands of Shia Turkomen have been cut off from receiving food, water, and medical supplies for two months by the IS force.

    In his latest War Powers Resolution sent to Congress, Obama noted that the U.S. Air Force delivered aid to the town, alongside aircraft from Australia, France and the United Kingdom, which also dropped supplies.

    These operations are limited in their nature, duration, and scope and are being undertaken in coordination with and at the request of Iraq's government, the president added.

  • Review of 9 world oil prices for August 25-29
    02.09.2014 13:55
    The average spot price for nine varieties of oil brands (including North American) last week (August 25-29) amounted to $98.15 per barrel.

    The highest average spot price was observed on Bonny Light oil produced in Nigeria, which amounted to $101.55 per barrel. The density of Bonny Light, used to determine the price of other brands of oil exports in the Gulf, is 33.4-degrees API with a 0.16-percent sulfur content.

    The average spot price for a marker grade of oil produced in Dubai and used as a benchmark in setting prices of other brands of oil exports in the Gulf region Dubai Crude hit $101 per barrel. Dubai Crude is light oil whose density is 31 degrees-API with a 2-percent sulfur content.

    The average price of Brent last week amounted $100.64 per barrel. Brent Dated's density is 38.6-39 -degrees API, with up to 1-percent sulfur content.

    The average spot price for North Sea Forties was at $100.15 per barrel last week. Forties has a low sulfur content and high potential to produce gasoline. Its density is about 40.3-degrees API with a 0.56-percent sulfur content.

    Average spot price for the high-sulfur oil Urals which is a mixture of oil produced in the Khanty-Mansiysk Autonomous District and Tatarstan was at $99.79 per barrel last week. The main producers of Urals oil is Rosneft, Lukoil, Surgutneftegaz, Gazprom Neft, TNK-BP and Tatneft companies. Abroad, this oil is known under the name Siberian Light. In Russia, oil futures for Urals are traded on the FORTS market at the RTS stock exchange.

    OPEC oil basket average price amounted to $99.63 per barrel last week. The OPEC's price is the average index of physical prices for the following 11 grades of oil: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Iran Heavy (Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).

    The average spot price for the American West Texas Intermediate (WTI) last week amounted to $96.26 per barrel. WTI's density is 40-degrees API with a 0.4-05-percent sulfur content. This oil is mainly used to produce gasoline and therefore the demand is high, particularly in the U.S. and China.

    Last week average price for the American Mars stood at $95.44 per barrel. Mars's density is 28.9-degrees API with a 2.05-percent sulfur content.

    The lowest average spot price was observed for the American WTS crude oil, which amounted to $88.91 per barrel. The density of WTS is not less than 30 degrees-API with a 2.5-percent sulfur content.

    Energy Intelligence Group provides
  • Exclusive photos from Pitt and Jolie wedding
    02.09.2014 13:55
    Angelina Jolie and Brad Pitt always said that they would get married when their children asked them to.

    So it comes as no surprise that their six-strong brood played an integral part of their wedding day on August 23 at their French estate Chateau Miraval.

    Indeed, the blushing bride took the unusual measure of letting her kids decorate her wedding dress, walking down the aisle in a gorgeous yet simple white satin gown and long veil that featured colourful drawings all over, as seen on the cover of this week's People magazine.

    Created by Atelier Versace master tailor Luigi Massi, the gown featured a fitted bodice with simple thin straps, the bust complete with ruching, with a plain waist, kicking out into a flowy full skirt.

    Luigi then hand-sewed a number of the children's designs onto both the back of the dress and the full-length veil.

    'Luigi is like family to me and I couldn't imagine anyone else making this dress,' the 39-year-old bride told the publication. 'He knows and cares for the children and it was great fun putting it together.'

    Angelina kept her hair and make-up simple and elegant for her big day, her long dark brunette locks worn up in a chic bun into which the veil was secured.

    Her face was flawless and dewy, with brown shadow on her eyes, lashings of black mascara and a soft rose hue on her famously plump pout.

    Her 50-year-old groom also kept it simple, pulling a black suit from his already bulging designer wardrobe, though he had to borrow a tie from one of their sons after forgetting to pack one.

    The intimate, one-of-a-kind nuptials, which feature in this week's People magazine, in conjunction with the UK's Hello!, give an unprecedented glimpse into the private Jolie-Pitt world.

    The doting parents set out to ensure the day was as special and perfect for their children as it was for them, with each child playing an important role in the wedding they enthusiastically helped plan.

    Sons Maddox, 13, and Pax, 10, proudly walked their mother down the aisle, looking oh-so-dapper in their smart black suits.

    Nine-year-old Zahara, in a dress designed by family friend Adama Kebe, and Vivienne, six, who wore a white dress from her closet, made for precious flower girls, tossing petals as they lined the path for the bride.

    /Daily Mail/
  • NASA building the biggest rocket ever
    02.09.2014 13:55
    NASA has worked on some inspiring interplanetary projects in the last few years, but few have been as ambitious as the simply-named Space Launch System, a new rocket that will be the largest ever built at 384 feet tall, surpassing even the mighty Saturn V (363 feet), the rocket that took humanity to the moon. It will also be more powerful, with 20 percent more thrust using liquid hydrogen and oxygen as fuel. Last week, NASA announced that the Space Launch System, SLS for short, is on track to perform its first unmanned test launch in 2018. The larger goal is to carry humans into orbit around an asteroid, and then to Mars by the 2030s. After that, NASA says the rocket could be used to reach Saturn and Jupiter.

    At the moment, even getting off the ground would be progress: since the retirement of the Space Shuttle in 2011, NASA has been left without any domestic capability to launch American astronauts into space; instead it has been purchasing rides for them aboard Russian Soyuz spacecraft at high cost. While SpaceX and other private companies are working furiously to provide their own human passenger spacecraft for travel into Earth's orbit, NASA wants to go even further. The agency has begun testing models of the SLS and initial construction of some the major components. It says the first test flight will have an initial cost of $7 billion. The SLS will also be reusing some leftover parts from the inventory of the retired Space Shuttle, including its engines.

    However, as with many large NASA projects, the SLS has already been delayed from an initial flight in 2017, and lawmakers in Congress, who must approve NASA's budget, are concerned about further delays and cost overruns. Whether NASA is able to keep the project on track remains to be seen, but at the moment, it's all systems go. Check out the progress and promise in photos and conceptual illustrations below.

    /The Verge/
  • ''Azerbaijan has become a place of discussions on religious and inter-cultural dialogue'', Gabriella Battaini
    02.09.2014 13:46
    "Azerbaijan has become a place of discussions on religious and inter-cultural dialogue", the Deputy Secretary General of the Council of Europe Gabriella Battaini Dragoni told the news conference dedicated to the meeting on "Intercultural dialogue: interaction between culture and religion" within the framework of the 2014 Council of Europe exchange on the religious dimension of intercultural dialogue organized in Baku.

    Chairman of the State Committee for Work with Religious Organizations Mubariz Gurbanli said that Azerbaijan is known in the world as an exemplary country in terms of tolerance.

    He noted that though Azerbaijan is a Muslim country, different religious communities are freely operating here and representatives of the Council of Europe hold positive positions on religious tolerance in Azerbaijan: "They visited Guba and familiarized with the activity of the synagogue."

    Touching upon the Nagorno-Karabakh conflict, Gurbanli said that Armenians have occupied Azerbaijani lands and this conflict is not religious in character: "There are about 30,000 Armenians and an Armenian church in Baku. This is an indicator".

    Deputy Secretary General of the Council of Europe Gabriella Battaini-Dragoni thanked Azerbaijan for the organization of such an event: "We held such an expanded meeting with journalists at the sport-related event in 2009. The Ministry of Youths and Sport held event on gambling and corruption. In this regard, a convention will be adopted soon and 27 states will sign this convention."

    Mentioning that religious and cultural forums have been held in Azerbaijan since 2008, Battaini-Dragoni said these events turned Baku into a place of religious and intercultural discussions. According to her, the event in Baku is related to religion and democracy: "Catholics, Buddhists lived in Azerbaijan and were engaged in trade here for a long time. All this allow protection of diversity in the society. Representatives of different conventions in Azerbaijan made speeches at the event".

    Permanent Representative of Portugal to the Council of Europe, Chair of the Rapporteur Group on Education, Culture, Sport, Youth and Environment of the Committee of Ministers Luis Filipe Castro Mendes thanked Azerbaijan for the excellent organization of the event.
  • MГ¶vlud Г‡avuЕџoДџlu: We will fight together with fraternal Azerbaijan against the so-called '˜Armenian Genocideв'
    02.09.2014 13:43
    ''Let Azerbaijan rest assured for I will also work as its foreign minister''

    Ankara. Mayis Alizadeh - APA. "We'll fight together with fraternal Azerbaijan against the so-called Armenian Genocide".

    New Foreign Minister of Turkey Mövlud ÇavuЕџoДџlu made the abovementioned statement during an interview with APA's correspondent to Turkey.

    When asked "You know Azerbaijan too well, and so does Azerbaijan. As a minister, what a message would you like to send to Azerbaijan?", Mövlud ÇavuЕџoДџlu said, "Let Azerbaijan rest assured for I will also work as its foreign minister. We'll unite our efforts and forces in all issues".

    In his response to "The year 2015 is coming. Armenians will increase the "genocide" pressure on Turkey. What actions are you going to take over this matter?", the new minister said, "We'll fight together with fraternal Azerbaijan against the so-called Armenian Genocide", in the Azerbaijani accent.
  • Galatasaray signs Pandev and Dzemaili
    02.09.2014 13:39
    Galatasaray have announced the permanent signings of Napoli midfielder Blerim Dzemaili and attacker Goran Pandev.

    The Switzerland international and Macedonian forward entered talks with the Turkish Super Lig giants over the weekend and flew to Istanbul to finalise personal terms and medical tests.

    Galatasaray have since confirmed that both players have completed their moves before the closure of the transfer window, with Dzemaili joining for a fee of €2.35 million, while Pandev arrives on a free transfer.

    The 28-year-old Dzemaili is set to earn €2.4m for the first year of his three-year deal in Turkey, and €2.1m for the remaining two years. Pandev, meanwhile, will earn the same amount in 2014-15 and will then trigger an extension to match Dzemaili's deal if he plays in 28 games or more for the club.

    Dzemaili, who joined Napoli from Parma in 2011, has fallen behind Gokhan Inler, Jorginho and Walter Gargano in the pecking order under Rafael Benitez and was encouraged to look for a new club after returning from World Cup duty.

    Pandev, 31, spent two years at the San Paolo after winning a Champions League title with previous club Inter.

  • Pakistan and Azerbaijan enjoy relations based on common cultural and religious values
    02.09.2014 13:33
    The interview of the Trend Agency and AzerNews with the Ambassador of Pakistan in Baku, Khalid Usman Qaiser.

    Q: Islamabad was one of the first countries to recognize Azerbaijan - where do you place Azerbaijani-Pakistani relations?

    A: Pakistan and Azerbaijan enjoy cordial and warm bilateral relations which are based on common cultural and religious values. Our two countries also share common perceptions on all international and regional issues. The two countries believe in and support the peaceful means and meaningful dialogue to resolve all disputes between the nations.

    Q: What are your views regarding the expansion of bilateral relations between Azerbaijan and Pakistan?

    A: The two countries have a Joint Ministerial Commission (JMC) mechanism in place. The Commission has met five times since its establishment in September 2000 and the 6th session will be held in April 2015 in Islamabad. There is a need and efforts are also under way to focus on the implementation of the decisions of the JMC particularly in the fields of trade and economy, industry, energy, science and technology, education, agriculture, and culture. Pakistan has been offering professional training courses to Azeri nationals in various fields particularly in defense and diplomacy. Bilateral relations in the field of defense are growing positively and hold good prospects in the future.

    Q: Pakistan has been very supportive of Azerbaijan in the South Caucasus conflict. What is your view on the lingering conflict in Nagorno-Karabakh?

    A: Pakistan fully supports Azerbaijan on the issue of Nagorno-Karabakh and we are grateful to Azerbaijan for their support to Pakistan on the issue of Jammu and Kashmir. As I said earlier, only peaceful means and meaningful dialogue is the way forward to resolve such conflicts.

    Q: The group calling itself the Islamic State has been on the rampage in Syria and Iraq. Do you think that the Islamic State of Iraq and Syria poses a threat to the Caspian region?

    A: I think that they now call themselves as IS (Islamic State) and not ISIS (Islamic State of Iraq and Syria). We believe in peace and stability in the Middle East, peace in harmony and maintaining the territorial integrity of the respective nations. You would agree that we live in a global village and anything happening in one part of the world can and does affects other parts of the world in one or the other way. In my view this calls for common responsibility of the international community to cooperate and extend help in addressing the root causes of various conflicts and resolving difficult issues like the Palestine, Kashmir and Nagorno-Karabakh.

    Q: Turkey was hoping to join the European Union. That is clearly not happening. Do you foresee the formation of a Central Asian market developing down the road between Turkey, Azerbaijan and other Central Asian countries, including possibly Russia, Afghanistan and Pakistan?

    A: Turkey and Pakistan are two brotherly countries and enjoy excellent bilateral relations which are, marked by cordiality, deep mutual trust and affection between our two people. Over the years our relationship has been transformed into a strategic partnership, with a strong emphasis on economic collaboration. Pakistan has always and will continue to support the aspirations of Turkish people to progress and development and to join the European Union. As for Central Asian market, you know that trade between all nations of the region is already taking place. Regionalism is the new order of the world. I am sure that with peace in Afghanistan many new venues of cooperation will be activated in both Central Asia and Caucasus region and beyond.

    Q: What are the gaps as far as you're concerned in Pakistani Azerbaijani relations?

    A: There are no gaps in our political relations. The leadership of the two countries, at all levels, enjoy very warm and cordial relations and there exists unanimity of views on all issues of international and regional rapport and there is also common desire to build mutual cooperation in all domains. Our parliamentarians also exchange visits and this will continue.

    However, in the field of commerce, economy and trade, education, culture and defense there is a lot of distance the two countries have to cover to make them on par with the political good will that exists between our two countries. Joint ventures, business to business contact, mutual investments, participations in trade fairs, exhibitions, workshops and conferences held in two countries, exchange of academia, students and journalists are some of the areas we need to and we are focusing on.

    Q: What role or contribution do you expect from Azerbaijan in addressing the regional terrorist issue, an issue that has for a long time affected Pakistan?

    A: You would agree that terrorism and extremism are worldwide phenomena. No country enjoys any monopoly over or is immune to this scourge. This is a common challenge and can be addressed by mutual understanding, cooperation, sharing timely intelligence and helping each other. I am sure that Azerbaijan is doing its level best, and like Pakistan, believes that root causes of terrorism and extremism must also be addressed to make the world peaceful for our future generations.

    Claude Salhani is a political analyst and senior editor with
  • US Mideast failures prompt new Iran sanctions: MP
    02.09.2014 13:30
    A senior Iranian lawmaker says the US has tightened sanctions on Tehran over its nuclear energy program in a bid to compensate for its failures in the Middle East.

    "The new US sanctions against Iranian companies and individuals are [meant to] make up for the failure of the White House's policies in the region," First Vice Speaker of Iran's Majlis Mohammad Hassan Aboutorabi-Fard said on Monday, Press TV reports.

    "The new sanctions will not only fail to have any achievement for Washington but will weaken the US stance in the negotiations between Iran and the P5 1 [group of world powers]," he added.

    On August 29, the US government announced the imposition of a new round of sanctions on over 25 individuals and companies, including shipping firms, oil companies, airlines and six banks despite the fact that Iran and the six world powers - Russia, China, France, Britain and the US and Germany - are in the process of talks with the intention of resolving the West's nuclear standoff with Iran.

    Aboutorabi-Fard noted that the Israeli regime, the US and their mercenaries have suffered heavy defeats during the recent developments in the region, citing the victory of the Palestinian people in the Gaza Strip against Israel in the recent war and the failure of the US, West and the Tel Aviv regime to topple Syrian President Bashar al-Assad.

    The Israeli military unleashed aerial attacks on Gaza in early July and later expanded its new military campaign with a ground invasion into the Palestinian strip.

    After more than seven weeks of Israel's war on Gaza, Palestinian resistance groups and Israeli officials on August 26 reached an agreement on a permanent ceasefire for the besieged Gaza Strip. Over 2,200 Gazans were killed and 11,000 others injured in the Israeli offensive.

    Under the deal, Israel has agreed to ease the blockade on Gaza and open border crossings for more aid to pass through to the enclave.
  • Nigerian president to attend AU security meeting in Kenya
    02.09.2014 13:18
    Baku-APA.Nigerian President Goodluck Jonathan will travel to the Kenyan capital of Nairobi on Monday to join other African leaders for a security meeting of the African Union (AU), the presidential office said, APA reports quoting Xinhua.

    The meeting of the AU's Peace and Security Council, scheduled for Tuesday, is a follow-up to talks by African leaders in Pretoria, South Africa in May on joint actions against terrorism, the presidential office said in a statement.

    Participants will receive a report submitted by the chairperson of the Commission on Terrorism and Violent Extremism in Africa, the statement said.

    It added that during the meeting, Jonathan and heads of state of other African nations will deliberate on and adopt the report.

    "The deliberations are expected to lead to more collaborative actions by Nigeria and other African countries, in an effort to rid the continent of acts of terrorism and violent extremism," the statement said.

    Nigeria is currently facing serious internal security challenges like the Boko Haram insurgency in the northeastern states of Borno, Yobe and Adamawa.
  • Ancient settlement of South Caucasus discovered in Azerbaijanв's Tovuz region
    02.09.2014 13:13
    An ancient settlement of the South Caucasus, referring to the ancient Neolithic period, was discovered in Azerbaijani Tovuz region.

    The excavations are being conducted by Azerbaijani and Japanese archaeologists. The settlement, discovered during excavations in the Haji Alemkhanli village, dates from the end of the seventh millennium BC.

    The radiocarbon analysis of the found samples of the material culture of the Neolithic period show that the oldest settlement in the region was in this area. The first sedentary tribes lived here, the head of department at the Archaeology and Ethnography Institute of the National Academy of Sciences (ANAS) Farhad Guliyev said.

    "Together with Azerbaijani colleagues, we wanted to examine the Neolithic monuments in the South Caucasus," Tokyo University professor Yoshio Nishi said. "As you see, we have achieved success."

    Archaeological research started here bin 2012. According to the archaeologists, the global scientific community will be informed about the Neolithic settlement discovered in Azerbaijan. In the future, the specialists intend to appeal to UNESCO to include the finds into the World Heritage List of this organization.

  • Armenia's time to join Customs Union arrives as Putin pens order
    02.09.2014 13:08
    Russian President Vladimir Putin ordered the signing of the Treaty of Accession of Armenia to the Eurasian Economic Union (EEU). The president's appropriate order was published on the official web portal of legal information Sept. 1, Interfax reported.

    "It is necessary to accept the Russian government's proposal to sign the Treaty of Accession of the Republic of Armenia to the Treaty on the Eurasian Economic Union dated May 29, 2014," the document says.

    "It is necessary to sign the Treaty, as provided by the order, at the meeting of the Supreme Eurasian Economic Council at the level of the presidents," according to the order.

  • Azerbaijan joins Moscow Book Fair
    02.09.2014 13:07
    Supported by the Ministry of Culture and Tourism, Azerbaijan will be represented at the 27th International Book Fair to take place in Moscow on September 4-7.

    Participation at the Fair will promote propaganda of Azerbaijanв's national culture, the countryв's developing publishing-printing opportunities, the large-scale construction works carried out and latest successes of the republic.

    Special stand will feature books on the countryв's statehood history, rich culture and literature, CD materials related to the forthcoming Baku-2015 European Games, as well as different booklets and other printing material on tourism potential.

    The authoritative fair which was opened in 1987, every year brings together world known publishing houses to display their bestsellers and latest arrivals. The highlight of the fair turns out to be the daily meet-and-greets with acclaimed world writers.

  • Minister: Beach soccer to become one of major sports in Baku European Games
    02.09.2014 12:58
    Azerbaijani Minister of Youth and Sports Azad Rahimov has made a speech by results of the European Cup '" 2014 in beach soccer which has ended in Baku.

    "I am happy that the European Cup was held in our country", quotes Rahimov as saying, "We are also proud that such a major event has reached Azerbaijan where the world's best teams demonstrated a wonderful show. This will, undoubtedly, serve to popularization of this sport among fans.

    Beach soccer goes on par with football for its popularity in Azerbaijan. And I know that it will become one of the major sports in the Baku European Games".
  • Over 4,500 people registered as missing in Nagorno-Karabakh conflict
    02.09.2014 12:54
    The International Committee of the Red Cross (ICRC) has registered more than 4,500 missing persons as a result of the Nagorno-Karabakh conflict, according to a message from the committee.

    "Marking the International Day of the Disappeared, Aug. 30, the ICRC is calling on the international community to show greater awareness of the tragedy of people who have gone missing and the plight of their families," ICRC said in its message Sept. 1.

    "Hundreds of thousands of people in all parts of the world have disappeared as a consequence of an armed conflict, natural disaster or migration," the committee noted.

    "The ICRC is continuing to support the authorities on their efforts to clarify the fate of the missing persons and supporting the families of the missing still anxious for news," Nicolas Lambert, Head of the ICRC Barda Sub-Delegation said.

    He made the remarks during the opening of the commemoration event in Azerbaijani city of Barda.

    "Providing support to the families of missing people is a priority for the ICRC, which strives to make sure that their needs are met," he noted.

    Aside from that, the ICRC trains volunteers from amongst the families of missing persons as social workers.

    In 2014, a new project, which is a step forward in gathering data about missing persons, was piloted jointly by the government of Azerbaijan and the ICRC.

    Denise Duran, Head of ICRC Delegation in Azerbaijan, said that collection of biological samples from very close relatives of missing persons will complement the detailed data already available about the missing persons.

    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 U.S. are currently holding peace negotiations.

    Armenia has not yet implemented four U.N. Security Council resolutions on the liberation of the Nagorno-Karabakh and the surrounding regions.

  • Davutoglu: Liberation of occupied Azerbaijani lands strategic goal for Turkey
    02.09.2014 12:06
    Liberation of occupied Azerbaijani lands is a strategic goal for the Turkish government, Prime Minister Ahmet Davutoglu said on Monday during a speech in Parliament.

    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.

    According to Davutoglu, after the liberation of occupied territories of Azerbaijan, Turkey will also take steps to normalize relations between Ankara and Yerevan.

    Turkish PM urges Armenia not be taken hostage to historical events, as well as not to reject offers Ankara to normalize bilateral relations.

    The break in relations and closing of the Turkish-Armenian border in 1993 were due to Armenia's claims for recognition of the "Armenian genocide" in the world, as well as Armenia's occupation of Azerbaijani lands.

  • Armenian armed units violate ceasefire again
    02.09.2014 11:38
    Armenians have violated ceasefire again.

    Subunits of the Armenian Armed Forces fired at positions of the Azerbaijani Armed Forces from their outposts located near the Yusifjanli and Marzili villages of Aghdam, the Mehdili village of Jabrayil and in unnamed uplands in the territory of Fuzuli district yesterday and last night.

    The enemy was silenced by retaliatory fire, APA reports citing the official website of the Defense Ministry.
  • All religious beliefs are free in Azerbaijan
    02.09.2014 11:27
    Permanent Representative of Slovakia to the Council of Europe (CoE), Chair of the Rapporteur Group on Human Rights (GR-H), Drahoslav Stefanek expressed satisfaction with the religious situation in Azerbaijan.

    Azerbaijan guarantees freedom of religion for all citizens of the country, Stefanek told Trend Sept. 1.

    He said Azerbaijan guarantees freedom of belief to the representatives of all religions.

    Stefanek also praised Baku's hosting the CoE meeting on the religious dimension of intercultural dialogue - "Intercultural dialogue: interaction between culture and religion".

    "Today's event will make an important contribution to the development of dialogue between different religions. It is attended by representatives of many religions and religious communities. This is a great opportunity to discuss the long-term cooperation between the representatives of various religions," Stefanek said.
Exchange Rates of Central Bank