Russia & CIS

U.S. West Texas Intermediate (WTI) futures CLc1 were at $50.70, down 36 cents, or 0.71 percent.

The Central Bank of Azerbaijan (CBA) will hold a deposit auction to attract funds on December 5, the CBA said.

Russia has already publicly indicated it is ready to cut production in the first half of 2017.

The famous Strauss Festival Orchestra of Vienna presented “My life is love and lust” concert at the Heydar Aliyev Center.

Azerbaijan’s Defense Ministry has made a statement to APA on reports of military escalation along the contact line of Azerbaijani and Armenian troops.

Armenian armed forces have violated ceasefire again.

Today, price of Azerbaijani Azeri LT CIF crude, transporting via the ports of Supsa, Batumi and Ceyhan and selling on world markets, went up by 3,47 USD or 6,72%.

Retired Marine Gen. James N. Mattis has been selected by President-elect Donald Trump to be his defense secretary, according to people familiar with the decision, APA reports quoting The Washington Post.

Supporters of the PKK terror group attacked Turkish assets in Germany on Thursday, Anadolu Agency has learned.

François Hollande, the least popular French president since the second world war, has announced he will not run for a second term in office, the Guardian reports.

The U.S. Senate passed a 10-year extension of existing sanctions against Iran on Thursday, sending the measure to the White House for President Barack Obama to sign into law and delaying any potentially tougher actions until next year, Reuters reports.

Turkey’s Gokturk 1 reconnaissance and Earth observation satellite will be launched from Kourou launch site in French Guiana December 5, Anadolu Agency said Dec. 1.

Residents of the Italian town of Sannazzaro de' Burgondi, near Pavia, are being ordered to stay indoors following a massive explosion at one of the country’s largest oil refineries, Sputnik International reported.

Azerbaijan ranks ninth in the Global Militarization Index 2016.

On December 1, 2016, Russian President Vladimir Putin delivered his annual address to the Federal Assembly. The address has thus become Putin's 13th and the 23rd in Russia's recent history. In the opening of the speech, Putin noted that he would pay first priority attention to social issues, as well as issues of economy and domestic policy

Armata tanks will be equipped with reconnaissance drones to ensure all-around scanning of the terrain for the crew. The drone, designed by the Moscow Aviation Institute (MAI), will be able to stay in the air for a very long period of time as it will have no on-board power sources. The UAV will receive power via a flexible cable

Almaz-Antey has started developing a new generation of medium-range anti-aircraft missile systems. Almaz-Antey also makes Buk-M2E complexes capable of striking aerodynamic targets at a distance from 3 to 45 kilometers and at altitudes from 15 meters to 25 kilometers. Meanwhile, Russia continues developing S-500 system

Azerbaijani MPs called for the reconsideration of the country’s bilateral relations with Russia over the further enhancement of military alliance between Russia and Armenia.

AZAL, the biggest Azerbaijani airline and national flag carrier, plans to establish air service with the Russian Volgograd and Astrakhan cities, as well as with the cities of Russia’s Far East.

Turkish Air Force killed 11 terrorists in airstrikes carried out on four shelters used by Daesh in Syria’s western Aleppo city on Monday, the military announced on Tuesday.