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Baku Waits for 7th UNAOC Global Forum

Baku Waits for 7th UNAOC Global Forum

This spring, Baku will host the highest-profile event of the UN Alliance of Civilizations – 7th Global Forum, aiming to explore new ways of promoting cross-cultural dialogue and understanding and to spark new partnerships and commitments. The prestigious Forum, previously hosted by Madrid, Istanbul, Rio, Doha, Vienna and Bali, is …

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Mars Recalls Chocolate After Plastic Found in Product

Chocolate maker Mars has ordered a recall of chocolate products in 55 countries.In the UK the products affected include funsize Mars and Milky Way bars and boxes of Celebrations. In the Netherlands Mars and Snickers bars were also affected. It comes after a customer in Germany found bits of plastic in …

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President Aliyev Embarks on Official Visit to Iran

Ilham Aliev

Azerbaijani President Ilham Aliyev embarked on an official visit to neighboring Iran on February 23. A guard of honor was lined up for President Aliyev at Iran’s Mehrabad airport decorated with the national flags of the two countries. The Azerbaijani president was welcomed by Iran’s high-ranking officials. Azerbaijan and Iran, the …

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SOCAR Fugro to Hold Groundwater Exploration at Baku Refinery

SOCAR Fugro to Hold Groundwater Exploration at Baku Refinery

The Heydar Aliyev Baku Oil Refinery and SOCAR Fugro LLC have inked a contract to carry out groundwater exploration as part of the refinery’s modernization, Azerbaijani state oil company SOCAR reported on February 22. The contract was signed by the refinery’s director, Elman Ismayilov and general manager of SOCAR Fugro, …

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SOCAR OGPC Project Frozen for Time Due to Low Global Oil Prices

SOCAR OGPC Project Frozen for Time Due to Low Global Oil Prices

 The State Oil Company of Azerbaijan (SOCAR) has suspended its project on a new oil & gas refining & petrochemical complex (OGPC) because of the fall in oil prices. SOCAR vice president for strategic development Tofiq Gahramanov says that “active work on the SOCAR OGPC project has been temporarily frozen”. …

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Dolphin Dies Being Passed Around For Selfies

Dolphin Dies Being Passed Around For Selfies

Beachgoers gather around a small dolphin after it is scooped out of the sea off the coast of Argentina. A young dolphin has died after beachgoers took it from the sea to pose for photographs with it. Huge crowds gathered around the small animal on the beach resort at Santa …

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$4 Smartphone Launched in India

India

The cheapest smartphone in the world, Freedom 251 will sell for just under $4 in India — but how does it compare to its pricier competition? An Indian company will launch the country’s (and possibly the world’s) cheapest smartphone this week, priced at the equivalent of less than $4. The …

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Crude Price on World Markets

Crude Price on World Markets

The price of oil continuous to rose in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $1.32 to stand at $30.74. Price of the Brent crude oil at the London ICE (InterContinental Exchange Futures) rose $1.30 …

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Major Oil Producers Agree to Freeze Oil Output Level

Major Oil Producers Agree to Freeze Oil Output Level

Energy ministers of Russia and a number of OPEC countries have agreed to freeze the production of oil after the negotiations in Qatar’s capital Doha, Qatar’s Energy Minister Mohammad bin Saleh al-Sada said, RIA Novosti reported on February 16. Oil output will be stabilized at the level of January11, Saudi …

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NATO Says Azerbaijan – Reliable, Consistent Contributor to Joint Activities

NATO Says Azerbaijan - Reliable, Consistent Contributor to Joint Activities

Azerbaijan is a reliable, consistent contributor to joint activities, NATO Secretary General’s Special Representative for the South Caucasus and Central Asia James Appathurai told reporters in Baku Feb.16. NATO supports the OSCE Minsk Group’s efforts in resolving the Armenian-Azerbaijani Nagorno-Karabakh conflict, Appathurai further said. “We are not directly involved in …

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Georgia-Iran, Whats Next ?

Visa requirements for Iranian citizens are administrative entry restrictions imposed on citizens of Iran by the authorities of other states. According to the Visa Restrictions Index, holders of an Iranian passport can visit 37 countries visa-free or with visa on arrival including Georgia. Meanwhile after sanction removal, Iran has become a new business market …

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Visa Appoints new Country Manager for its Operations in Georgia

Visa, a global leader in payments, today announced the appointment of Dmytro Krepak as Country Manager for Ukraine, Georgia and Armenia. He was previously country manager for Ukraine, and now assumes overall responsibility for a reorganized cluster within Visa’s CIS and South-East European business. “By joining Georgia and Armenia together …

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