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Armenia’s Economic Activity Index Shows Record Decline

Armenia's Economic Activity Index Shows Record Decline

Armenia’s economic activity index decreased by 4.7 percent in July 2016 compared to the same period of 2015. This is a record figure, Aysor.am reported citing Haykakan Zhamanak newspaper. A decline in the country’s economic activity has not been observed yet in 2016, according to the newspaper. Just two weeks ago, Armenia’s …

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The New Mercedes-Maybach Is the 6-Meter-Long Car of Your Dreams

The New Mercedes-Maybach Is the 6-Meter-Long Car of Your Dreams

This sleek, superlong electric concept shows what Mercedes hopes for the future. Tonight in Carmel, Calif., Mercedes-Benz unveiled the latest of its Maybach line: the Vision Mercedes-Maybach 6. The gullwing 2+2 concept has a low, sleek hood, a massive touchscreen inside, and an all-electric powertrain. It’s meant to show what a …

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BP Increases Gas Output in Azerbaijan

BP Increases Gas Output in Azerbaijan

In 1H2016, 5.4 billion cubic meters of gas and 1.3 million tons of condensate (nearly 10 million barrels) were produced at Azerbaijan’s Shah Deniz gas and condensate field, as compared to 5.2 billion cubic meters of gas and 1.2 million tons of condensate in the same period of 2015, said …

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Don’t Try to Buy Dollars in Azerbaijan’s Capital

Azerbaijan is in the grip of a fresh currency crisis. Dollar sales in the Azeri capital have all but seized up as demand from households still reeling after two devaluations last year leaves most banks running on empty, with the manat plunging the most globally against the U.S. currency on …

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The Form of FORM 216 Products Selected for ‘FORM 2016’

Tendence 2015

Günter Matten strips down a universal mill made of plastic and metal into its individual parts. “Wham, a fastener and now the mill works. That’s a multi-faceted solution – really ingenious”, says Matten who is not only a metal designer but also chair of the FORM 2016 jury, which spent …

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Strong Innovation in Frankfurt Trade Fair: Tendence 2016 Heats up

Design should not only observe the ethical style it must likewise have functional simplicity. This will be underscored at the art fair Tendence 2016 in Messe Frankfurt, Germany. Distinguished by future-oriented designs, trends and international products, Tendence, the annual international consumer goods trade fair opens its doors from 27-30th August 2016 …

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Stratfor: Azerbaijan Changing Balance in Caucasus

The balance in the Caucasus is changing, according to an analysis posted on the website of the US-based geopolitical intelligence firm Stratfor. “With Iran emerging from the malaise of sanctions, it is reaching north and becoming more assertive. Russia, too, is changing tack, aligning with Azerbaijan instead of Armenia in …

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