Economy

EU approves sanctions regime similar to Magnitsky Act

The EU states approved a sanctions regime similar to the Magnitsky Act to sanction individuals involved in human rights abuses, according to a diplomatic source in the delegation of one of the countries to the EU Council. "A …

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Media reports on OPEC + plans to extend deal

OPEC+’s meeting that was put on the books at the last minute for Saturday is now being delayed to Sunday, according to anonymous Reuters sources, Oil Price reports. The group had decided to get together at the last minute, …

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Construction of Nord Stream 2 to be resumed in December

Nord Stream 2 AG, the operator of the Nord Stream 2 gas pipeline, announced that the project will be resumed in early December this year. It became known that the Stralsund Waterways and Shipping Authority had issued a warning for ship …

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Azerbaijani roads named best among CIS countries

Azerbaijan is ranked 27th for the quality of roads infrastructure among 141 countries, gaining 5.2 points, in the Global Competitiveness Report 2019 published by the World Economic Forum (WEF). WEF ranked 141 countries based on World …

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Kalbajar to be revived

Azerbaijan’s president vowed Wednesday to rebuild and revive the Kalbajar region, the latest territory that Armenian forces have ceded in a truce that ended six weeks of intense fighting over Nagorno-Karabakh, The Associated Press writes in the article Azerbaijani leader vows to revive region ceded by Armenia.

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Azerbaijan to monitor fields in Kalbajar

The Azerbaijani authorities will monitor and explore the current state of the fields in Azerbaijan’s Kalbajar district, head of the National Geological Exploration Service of the Azerbaijani Ministry of Ecology and Natural Resources Ali …

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