Category: Governance

Posted in Governance

The new world disorder

The year was 1971. As a young man, I hopped on a Pan Am flight to New York with my eventual destination being Port Huron, Michigan. Port Huron, a small town on the US-Canadian border, then had a total population of around 40,000. I land at JFK, finding…

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Oil price on world markets

The price of oil rose again in the world markets.On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $1.48 to stand at $46.31. Price of the Brent crude oil at the London ICE (InterContinental Exc…

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No gifts, no official cars for Lebaran

With regard to fighting corrupt culture that has gripped the life of the society, serious and consistent efforts need to be carried out even on small affairs. That is what might be the reason behind calls on civil servants to not accept gifts of any ki…

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President Aliyev meets with Nardaran residents

President of the Republic of Azerbaijan Ilham Aliyev has met with residents of Nardaran settlement, Sabunchu district of Baku.The president made a speech at the meeting.President Aliyev touched upon the reconstruction of roads in the district and surro…

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Kvotter to represent Azerbaijan at Seedstars World competition

Local qualification round for Seedstars World competition among Azerbaijani start-ups took place in the technopark of Qafqaz University. With Pasha Bank and QU Technopark among the supporters along with Azercell and Barama Innovation and Entrepreneursh…

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SCO Business Council to mull areas of co-op

The Business Council of the Shanghai Cooperation Organisation (SCO) will discuss at its meeting June 23 the prospects of activities’ development, including priorities and main directions to expand cooperation in the near future, said the Uzbek Foreign …

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OPEC oil price increases

OPEC oil basket’s price stood at $44.18 per barrel on June 17, or $0.15 more than on June 16, the cartel told Trend June 20.The OPEC Reference Basket (ORB) is made up of the following oil brands: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecu…

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Turkish private sector to build $3 billion worth power plant in Iran

Tehran is eyeing an investment deal with Turkish private companies to build a power plant in the Islamic Republic, an Iranian energy official said. Iranian Deputy Energy Minister Houshang Falahatian has said that the $3 billion worth deal envisages bui…

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Obama Makes History, Confronts Past in Hiroshima

Honoring the memory of victims of the atomic bomb that fell on Hiroshima seven decades ago, U.S. President Barack Obama said the world has a shared responsibility to prevent the suffering that took place in the Japanese city from happening again.”We st…

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Trump to Speak at Annual Motorcycle Rally in DC

As one of the world’s largest motorcycle rallies rolls into the American capital this weekend, one person will be hoping the rumble of hundreds of thousands of bikes will draw even more attention to his presidential run.Presumptive Republican president…

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