Turkey ranked second after Brazil in making the highest commitments for total infrastructure investments among 139 emerging countries in 2014, according to data from the World Bank. Peru, Colombia and India followed in third, fourth and fifth, respectively.
The Azerbaijan electricity market regulators are currently considering the market model revision in order to improve generators' efficiency, which could have a positive impact on Azerenerji's electricity tariffs, Fitch Ratings reported.
Trans Adriatic Pipeline AG (TAP) has issued an invitation to Tender (ITT) for Engineering, Procurement, Construction and Installation (EPCI) for the offshore section of the project, AzerTag reports.
Speaking at her weekly press conference on Wednesday, Foreign Ministry Spokeswoman Marzieh Afkham said that the allegation is part of a blame game, Press TV reports.
Iran has prepared three ports in the Caspian Sea and added six ships to its fleet for cargo trade with Russia as the two countries are forging stepped-up commercial relationship to counter Western sanctions on both countries.
The Azerbaijani Embassy in Austria has issued a statement, condemning the appeal of European Parliament Vice-President Ulrike Lunacek to the members of the European Commission and European Council to boycott official events during the first European Games in Baku.
A cat saved his owner waking her up during a house fire in the city of Ufa, in southern Urals, a spokesman for the Bashkortostan department of the Russian emergencies ministry told TASS on Tuesday.
An underground storage site with more than 200 kilograms (over 441 pounds) of explosives was found in Russia’s North Caucasus Republic of Dagestan, the National Anti-Terrorism Committee announced on Tuesday.
British Foreign Secretary Philip Hammond stated that London was considering an opportunity to deploy US cruise missiles on the territory of the United Kingdom as Russia's actions could not be left unanswered. In fact, Russia's sworn friends have been moving their red lines closer and closer to Moscow. Can Russia have its forces in Russia?