The United States of America (USA)

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Turkish business doubles share in Iraqi oil fields

Turkish petroleum company Genel Enerji has purchased 21% of shares of the Bina Bavi Field in the Kurdistan Autonomy of Iraq for $240 million, Trend reports.The company had previously bought 23% of the shares.Spokesman of the Iraqi Petroleum Ministry Asim Jihad said that Baghdad will punish Turkey for any petroleum contracts with the Kurdistan Autonomy without the Iraqi government’s permission.

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Standard Chartered accused of illegal operations with Iran

The US has accused Standard Chartered, one of the largest British banks, of illegal operations with Iran and money laundering around $250 billion, BBC reports.The financial department of New York said that the bank has been doing such operations for about 10 years despite international sanctions against Iran. The bank’s shares dropped by 7%.

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Suspected murderer of Iranian nuclear specialists admits training in Israel

14 Iranians suspected of killing nuclear specialists have admitted training in Tel-Aviv, Interfax reports.Maziar Ibrahimi said that three groups of terrorists had been formed for the plot. One terrorist was driving in front of a scientist to slow him down. Two bikers were following the scientist with bombs.One of the suspects said that the operation was financed by the US and Israel. He went to Turkey first, then to Cyprus and then to Tel Aviv.

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Iran blames US for kidnapping of pilgrims

 Iran has blamed the US for its48 kidnapped pilgrims, ITAR-TASS reports.Iranian Deputy Foreign Minister Hosein Amir Abdollahian sent a message to Washington accusing the US of supporting terrorist groups in Syria and providing them with weapons.The pilgrims were on their way to Shiite shrines at Damascus. They were detained by the Free Syrian Army on Sunday, accused of spying for Iran. 3 pilgrims were reportedly killed by the Syrian military. 

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Gabriel Mirelashvili: "Israel to invest in Georgia"

Interview by Petr Lyukimson, Tel Aviv, exclusively to VKGabriel (Constantine) Mirelashvili, the president of the World Congress of Georgian Jews, the vice president of Euro-Asian Jewish Congress (EAJC), a businessman, spoke about the Jews living in Georgia to VK. - Mr. Mirelashvili, how do you see the task of the World Congress of Georgian Jews?

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Ministry for Economic Development assesses world crisis

The Russian Ministry for Economic Development has evaluated the world crisis with oil prices at $60 per barrel. Devaluation in Russia would not be as bad as it was in 2008-2009, they conclude. Russian Prime Minister Dmitry Medvedev ordered forecasts of socio-economic development for 2013-2015.

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 Special Envoy of the UN and the Arab League for Syria, Kofi Annan, quitting this position after the expiration of its mandate on August 31,  published today in the British newspaper Financial Times an article "My departing advice on how to save Syria," in which he gives the final recommendations on how to solve the problem, RIA Novosti reported.

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Baku to host Caspian Oil and Gas Conference in October

Baku will host the 6th Caspian Oil and Gas Trade-Transport Conference organized by Confidence Capital on October 15-16, Trend reports.The State Oil Company of the Azerbaijani Republic (SOCAR), the Azerbaijani Ministry for Industry and Energy and Ministry for Transport, the Ministry for Energy and Mineral Resources of Kazakhstan, the Mangistau Region and the US Board of Trade in Azerbaijan are the traditional supporters of the conference. Over 500 guests from 25 states have taken part.

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IMF predicts expansion of eurozone crisis

The European crisis will cause lower growth of the production rate worldwide, the International Monetary Fund (IMF) has stated. The GDP of the eurozone will drop by 5%, the British economy will have similar losses, US GDP will drop by 2%, Japanese by 1%.

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Private companies to help Iran bypass oil embargo

250 private companies will export Iranian oil, Trend cites Hasan Hosrojerdi, head of the Association of Oil, Petroleum and Gas Exporters of Iran.Three consortiums will be founded. One has already been established with 65 private companies.OPEC said that Iran exported 2.537 million barrels daily in 2011, 2.583 in 2010 and 2.406 million in 2009.The Iranian parliament permitted private companies to export oil. They were allowed to sell 20% of all petroleum exports, about 400,000 barrels daily.

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Azerbaijani communities to meet in Turkey’s Bodrum

The Turkish city of Bodrum will host a forum on integration of Azerbaijani people living abroad on August 5, APA reports.Government officials, MPs and about 200 representatives of Azerbaijani communities living abroad will meet at the forum. They will discuss integration of Azerbaijanis in Russia, Turkey, Ukraine, Georgia, USA and other states and exchange views on improvement of efficiency of Azerbaijani community organizations.

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Ruben Safrastyan: “It is too early to speak about Assad’s replacement by the Muslim Brotherhood”

Interview by David Stepanyan, Yerevan. Exclusively to VKThe Head of the Oriental Studies Institute of the Armenian Academy of Sciences, Professor Ruben Safrastyan, told VK about the reasons for the Syrian crisis, the Iranian and Kurdish factors in further developments in the Middle East and the fate of Syrian Armenians.-          Many Armenians have already left Syria. Do you see a threat of elimination of the Armenian diaspora in Syria?

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Jackson-Vanik amendment may harm US economy

US negotiator Ron Kirk said that lifting the Jackson-Vanik amendment and making Russia a fully-fledged trading partner of the US would benefit US business, workers and innovators, ITAR-TASS reports.Russia will become a WTO member on August 22. The US is unlikely to lift the amendment. The problem causes concern among US businessmen. The amendment limits access of US businessmen to the Russian market.

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