Trend – News from Azerbaijan, Georgia, Kazakhstan, Turkmenistan, Uzbekistan, Iran and Turkey.

EBRD to elect new president

17 May 2012, 15:06

The Board of Governors of the European Bank of Reconstruction and Development (EBRD) will elect the new president of the bank during the Annual...

EUROVİSİON - 2012

Eurovision-2012 Lithuanian participant performs on Baku Crystal Hall stage (PHOTO)

17 May 2012, 17:01

A rehearsal of Eurovision-2012 Lithuanian representative Donny Montell has been held on the Baku Crystal Hall stage in Baku today, Trend reported. The singer will perform in the second semi-final with "Love Is Blind"...

ECONOMY

Azerbaijani mobile operator announces investment plans for 2012

17 May 2012, 15:02

Bakcell (the first mobile operator in Azerbaijan) company's volume of investments in the Azerbaijani network development will hit 70 million manat by late 2012, the company's technical director Yigit Berktas told media...

AZERBAİJAN

Two Azerbaijani hostages released in Iran

17 May 2012, 16:35

Azerbaijani border guards neutralized an organized gang consisting of Azerbaijani and Iranian citizens who were engaged in drug smuggling. Resorting to secret methods, the gang members organized the transit of drugs...

SOUTH CAUCASUS

Georgian president meets Georgian doctors in U.S.

17 May 2012, 16:24

Georgian President Mikheil Saakashvili has met with Georgian doctors working in the U.S. in New York during his working visit. He said Georgia will soon become a center in Eastern Europe from a medical...

IRAN

Iran's using foreign oil tankers for storage would be insanity - expert

17 May 2012, 15:59

Iran could hire oil tankers from foreign companies and use them for storage, but that would be insanity, U.S. Northeastern University Professor Kamran Dadkhah told Trend. The statistics published late last week by both...

CENTRAL ASİA

Kyrgyz president stands for intensified cooperation with WB

17 May 2012, 15:00

Kyrgyz President Almazbek Atambaev has today received a WB delegation, headed by WB vice-president for Europe and Central Asia Philippe Le Houérou, the Kyrgyz presidential press service said today. Atambayev welcomed...

MİDDLE EAST & TURKEY

Turkey demands explanation from Israel over violation of Northern Cyprus airspace

17 May 2012, 17:37

Turkey has demanded on Thursday from Israeli authorities an explanation over an Israeli jet's violation of airspace of the Turkish Republic of Northern Cyprus on Monday, TRT Haber TV Channel reported. Turkish General...

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VIEWPOINT
- Iran, IAEA talks different, but no result yet
  
  Dalga Khatinoglu, Trend Agency's Iran Service Department Chief / Tehran's two-day negotiation with the International Atomic Energy Agency held at the office of the Iran envoy to IAEA, Ali Asghar Soltanieh at least has not failed, but what was achieved? Soltanieh said that the nuclear talks were "constructive", while IAEA deputy director general and head of the Department of Safeguards, Herman Nackaerts, who had twice banned visits in January to the Iranian Parchin Military Base told reporters that "the two sides will meet again in Vienna on May 21 for more talks". Expanding the talks time...
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- "Arabian Caliphate" against Iran
  
  Rufiz Hafizoglu, the head of the Arab News Service of Trend It is no news that Gulf countries are always wary of the growing credibility and expand Iran's influence in the region. Gulf Arab countries have taken serious steps to limit the Iranian influence. "Arab spring" has brought serious political unrest in many Arab countries. It is possible that there are interests of the region countries in virtually all the revolutions that took place exclusively on the "will of the people". The interests of Iran, Saudi Arabia and Turkey have always been obvious, and named country, except Saudi Arabia,...
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- Currency competition in Azerbaijan: euro still inferior
  
  Leyla Abdullayeva, Trend analytical centre expert Since late April the euro against the Azerbaijani manat fell by 0.04 points. The dynamics of decline continues to the present. If on April 30, 2012 exchange rate for one euro stood at 1.0415 manat, today the figure stands at 1.0000 manat to the euro. It is known that unlike the dollar, exchange rate of which to manat is adjusted by the Azerbaijani Central Bank depending on the inflation process in the country, the euro exchange rate is calculated on the basis of cross-rate, and varies depending on the processes in the international currency...
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- Top official: Allegations about pressure on journalists in Azerbaijan unfounded
  
  At present, the Law on Mass Media in Azerbaijan fully guarantees freedom of the press, head of the Socio-Political Department of the Presidential Administration Vugar Aliyev said at the international conference "Human rights in Azerbaijan: problems and prospects" today. "Today, the press in Azerbaijan has been exempt from VAT on paper for newspapers, which is imported to Azerbaijan," he said. "The customs duty is not applied. The debts of the printing offices have been written off. A house is being built to improve the journalists' living conditions. "About 40 daily, over 200 weekly and...
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