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 Azerbaijani athletes leave for Rio de Janeiro

Azerbaijani athletes who will take part in the Summer Olympic Games and the delegation members have left for Rio de Janeiro. A solemn see-off ceremony was held at the Heydar Aliyev International Airport for the athletes. Representatives …

Iran purchases 50 Embraer aircraft

The Iranian authorities have confirmed a deal with a Brazilian company for the purchase of 50 Embraer aircraft. "The deal with Embraer will be based on a contract with payment terms in installments," the representative …

S&P downgrades major oil producing countries

The international rating agency Standard & Poor's has downgraded the ratings of the major oil-producing states. S&P now assumes an average Brent oil price of $40 per barrel in 2016 and $50  per barrel in 2018. Earlier, in the …