• Oil revenues are for Azerbaijan’s future generations  

    3 June 2013, 16:06 (GMT+05:00)

    The more money accumulated in the Azerbaijani State Oil Fund (SOFAZ) as a result of oil sales, the more responsibility for the expenditure of these funds is observed. Currently the funds accumulated in SOFAZ, equate to half the country's GDP.

  • Can AKP pass "the exam" on Taksim Square? 

    1 June 2013, 21:07 (GMT+05:00)

    Since May 31 part of Istanbul's population, which is considered a cultural center of Turkey, started the protest rallies against the construction of a shopping center on Taksim Square.

  • Iran draws import value under non-oil export level 

    29 May 2013, 13:39 (GMT+05:00)

    Statistics released on the Iran Custom Administration’s Internet portal on May 28 indicates a falling import value under the non-oil export level during last two months

  • Iranian administration takes advantage of Forex rise to make for budget deficit 

    28 May 2013, 10:04 (GMT+05:00)

    Mohammad-Reza Sabzalipour, the head of Iran's comprehensive exports center, told Trend on May 27 that the main reason of dropping Iran national currency in value was compensation of budget deficit in Iran by selling expensive dollars by government.

  • PACE President: Solution to Nagorno-Karabakh conflict may be achieved in 2013 (PHOTO) 

    27 May 2013, 10:11 (GMT+05:00)

    In 2013, solution to the Nagorno-Karabakh conflict may be achieved, PACE President Jean-Claude Mignon believes.

  • Armenian FM holds another European tour with false performance  

    26 May 2013, 15:21 (GMT+05:00)

    Armenian Foreign Minister Edward Nalbandian’s another European tour with the false performance has been held in Great Britain this time.

  • Iran's gas import & export prices 

    24 May 2013, 09:00 (GMT+05:00)

    Armenia is keen to continue using Iranian gas. Turkey also wants to remain Iran's gas importer despite its appeal against Iran to the International Court of Arbitration over gas dispute in 2012.

  • TAP vs. Nabucco West confrontation may end amicablly 

    23 May 2013, 18:23 (GMT+05:00)

    In a month, the Shah Deniz consortium will make a final decision on an export route for transporting Azerbaijani gas to Europe

  • Retail lending imbalance in Azerbaijan  

    23 May 2013, 15:34 (GMT+05:00)

    The population of Azerbaijan is becoming adapted to living on credit. It is now impossible to find an area where the citizens are not using borrowed funds. The majority of purchases such as housing, automobiles, home appliances and so forth are made through the borrowed money. In response to the increased demand, Azerbaijani banks have extended to a limit and simplified the range of loan programmes offered to the public.

  • Azerbaijani FM: Double standards observed in OSCE work in South Caucasus region 

    23 May 2013, 11:40 (GMT+05:00)

    There are double standards in OSCE’s work in the South Caucasus region, Azerbaijani Foreign Minister Elmar Mammadyarov said in an interview with Russian Independent Newspaper today.

  • Iranian presidential candidates  

    22 May 2013, 23:58 (GMT+05:00)

    Starting today, the campaign moves into the main stage as candidates launch their publicity campaigns. Among the registered potential candidates for the presidency are Saeed Jalili, Ghulam Ali Haddad-Adel, Mohsen Rezaei, Hassan Rouhani, Mohammad Reza Arif, Mohammad Gharazi, Mohammad Bagher Ghalibaf and Ali Akbar Velayati.