Kuwaiti oil minister: OPEC may extend output cuts by 12 months

Kuwaiti oil minister: OPEC may extend output cuts by 12 months

OPEC and non-member oil producers could deepen output cuts or extend them for a year when they meet in Vienna this week, Kuwaiti oil minister Essam al-Marzouq said. As ministers gathered in Vienna for informal …

 International Bank of Azerbaijan sells its subsidiaries in Russia and Georgia

International Bank of Azerbaijan sells its subsidiaries in Russia and Georgia

The  International Bank of Azerbaijan (IBA), which is undergoing the procedure of voluntary restructuring of its loan liabilities to external lenders, started sales of its foreign assets. The bank said at its presentation organized …

 ISIS #039minister of war#039 killed in Aleppo - source

ISIS 'minister of war' killed in Aleppo - source

The Syrian army said it had killed ISIS group's "minister of war" among other senior figures in operations east of the northern city of Aleppo, Syrian state media said. A source identified the war minister as Abu …

UAE leads Gulf foray into Caspian Sea market

UAE leads Gulf foray into Caspian Sea market

Azerbaijan, Kazakhstan and Turkmenistan offer an increasingly attractive proposition

 U.S.-Turkey Dispute Over Washington Protest Heats Up

U.S.-Turkey Dispute Over Washington Protest Heats Up

Ankara stresses "the aggressive and unprofessional actions taken" by American security personnel

US stops financial aid to Caucasus (and not only to it)

US stops financial aid to Caucasus (and not only to it)

  US President Donald Trump administration released the 2018 budget proposal, which includes massive cuts to domestic and foreign aid programs. The Budget proposes to reduce or end direct funding for …

Independent: These had been the best Islamic Solidarity Games

Independent: These had been the best Islamic Solidarity Games

The next Solidarity Games will be held in Istanbul in 2021

Turkmenistan, Uzbekistan Pledge Game-Changing Energy, Power Cooperation

Turkmenistan, Uzbekistan Pledge Game-Changing Energy, Power Cooperation

Ashkhabad and Tashkent signed a few agreements

Manchester Arena attack: All-too-familiar scenes

Manchester Arena attack: All-too-familiar scenes

They underscore Europe's vulnerability to acts of terror

Theresa May: further attack may be imminent

Theresa May: further attack may be imminent

UK Prime Minister Theresa May has raised the UK terror threat level to critical - meaning an attack is expected imminently - after 22 people died and 59 were injured by a suicide bomber in Manchester. The prime minister …

Four climbers found dead on Everest - media

Four climbers found dead on Everest - media

Four climbers including a woman mountaineer were found dead inside their tent at a high altitude camp on Mt Everest, the base camp officials have confirmed. Expedition officials said that Sherpa climbers spotted four bodies – two …

 White House: no evidence of Trump collusion with Moscow

White House: no evidence of Trump collusion with Moscow

The White House, responding to hearings about contacts between officials in Donald Trump's presidential campaign and Russia, said there was no evidence of collusion between Trump's team and Moscow. Testifying before a House …

IMF: Russia#039s monetary policy easing is appropriate

IMF: Russia's monetary policy easing is appropriate

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Interest rate cuts should continue at a gradual pace

 Dubai bus-truck collision kills seven people - media

Dubai bus-truck collision kills seven people - media

Seven people were killed and 35 injured in a bus-truck collision on Al Jelis Street in Dubai on Tuesday.  The bus was carrying 41 people, including the driver, which led to the high number of fatalities. Director General …

Kremlin: extension of OPEC deal aimed at aligning energy prices dynamics

Kremlin: extension of OPEC deal aimed at aligning energy prices dynamics

The extension of the oil production cut agreement between OPEC and non-OPEC nations is aimed at aligning the dynamics of energy prices, Kremlin spokesman Dmitry Peskov said. "The issue here is first of all about …

Man detained after suspected attack  in Manchester

Man detained after suspected attack in Manchester

UK police have arrested a man in connection with the Manchester Arena bomb attack on Tuesday. Greater Manchester police, who believe they know the identity of the bomber, detained a 23-year-old man in the south of the city in connection …

 Manchester#039s shopping center reopening after evacuation

Manchester's shopping center reopening after evacuation

A major shopping center in the northern English city of Manchester is reopening after it was temporarily evacuated, a witness said. Police had begun removing the cordon and workers were slowly being allowed back into site, Reuters …

OPEC deal to become more global

OPEC deal to become more global

Egypt, Norway and Turkmenistan made signs of their willingness to join the oil production cuts, Kuwait's oil minister Essam al-Marzouq said. The minister noted that  Saudi Energy Minister Khalid …

 Kuwait#039s oil minister: not all oil producers want to extend output cuts for 9 months

Kuwait's oil minister: not all oil producers want to extend output cuts for 9 months

Global oil producers would discuss at their meeting this week whether to extend output cuts for six months or nine months, because not all were on board for nine, Kuwait's oil minister Essam al-Marzouq said. …

Putin condemns #039cynical and inhuman#039 terror attack in Manchester

Putin condemns 'cynical and inhuman' terror attack in Manchester

Russian President Vladimir Putin has expressed deep condolences to UK Prime Minister Theresa May over the deadly terror attack at the Manchester Arena, the Kremlin press service said. "We strongly …