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Brent oil price raises above $49

The prices of September futures for Brent oil have risen by 1.2% to $49.04 per dollar on the ICE Exchange in London. Earlier, oil overstepped the mark of $49 in July 2017, TASS recalls. …

 Turkey to buy S-400 Air Defense System - Bloomberg

Turkey has agreed to pay $2.5 billion to acquire Russia’s most advanced missile defense system, a senior Turkish official said. The preliminary agreement sees Turkey receiving two S-400 missile batteries from Russia within the …

 Turkey complained to WTO about US

The US decision to introduce anti-dumping duties on Turkey's steel production caused discontent with the Ankara authorities. Turkey appealed to the World Trade Organization (WTO) with a complaint to the United States.  Turkish …

Russia to grow by 1.3-1.8%

Russia's Central Bank Governor Elvira Nabiullina said that economic growth of 1.3-1.8 percent is expected for this year. "The global economy is entering a new cycle of increasing cyber risks that endanger …

Iran reveals plans on oil output in 2017

Iran's oil output will rise to around 4 million barrels per day by the end of the year, Iran's deputy oil minister for trade and international affairs Amir Hossein Zamaninia said on Wednesday as the OPEC member tries to …

Atambayev says Kyrgyzstan is heaven for business

Kyrgyzstan is becoming a heaven for business, a free country, where people can do investments and earn big money working fairly and transparently, Kyrgyz President Almazbek Atambayev said at the meeting with US companies. …