MANILA: The Asian Development Bank (ADB) Board of Governors has unanimously elected Masato Kanda as ADB’s 11th President, APA reports citing ADB’s official website. According to Azeri-Press News Agency, Mr. Kanda, 59, currently serves as Special Advisor to Japan’s Prime Minister and Minister of Finance. He will assume office on 24 February 2025, succeeding Masatsugu … Read more
New York: The price of natural gas futures on the New York Mercantile Exchange (NYMEX) has decreased, APA-Economics reports. According to Azeri-Press News Agency, the price of natural gas futures for delivery in January fell by 0.59% to 3.178 US dollars per 1 million BTU (British thermal unit).
Washington: US commercial oil reserves have experienced a notable decrease, falling to 428,448 thousand barrels as of last week. This decline marks a reduction of 1,844 thousand barrels, highlighting a significant shift in the nation’s oil stockpile. According to Azeri-Press News Agency, the Energy Information Administration (EIA) under the US Department of Energy released a … Read more
Baku: The Azerbaijani government has announced a significant financial commitment to the reconstruction of the Karabakh region, pledging to allocate AZN 29 billion by 2027. This ambitious plan aims to revitalize the region’s infrastructure and stimulate economic growth. According to Azeri-Press News Agency, the country report from Fitch Solutions, a subsidiary of Fitch Group, outlines … Read more
Baku: President of the Republic of Azerbaijan Ilham Aliyev has extended his congratulations to the President of the Republic of Albania, Bajram Begaj, in a letter marking the National Day of the Republic of Albania, APA reports. In his message, President Aliyev conveyed his heartfelt congratulations and best wishes to President Begaj and the people … Read more
Baku: President of the Republic of Azerbaijan Ilham Aliyev has sent a congratulatory letter to Mohamed Ould Cheikh El Ghazouani, President of the Islamic Republic of Mauritania, on the occasion of Mauritania’s national holiday, Independence Day. The communiqué was reported by APA. According to Azeri-Press News Agency, President Aliyev expressed sincere congratulations on behalf of … Read more
Baku: President Ilham Aliyev has sent a congratulatory letter to José Ramos-Horta, the President of the Democratic Republic of Timor-Leste, in celebration of the nation’s Independence Day, APA reports. According to Azeri-Press News Agency, President Aliyev expressed his heartfelt congratulations to President Ramos-Horta and the people of Timor-Leste on this significant national occasion, the Proclamation … Read more
Baku: Azerbaijan will observe seven consecutive non-working days in the upcoming New Year. The Cabinet of Ministers has taken a decision to realign working and rest days, as reported by APA. This adjustment aims to provide a consistent schedule for working and rest days during the holiday period. According to Azeri-Press News Agency, the changes … Read more
Baku: The Western Azerbaijan Community is set to host its second international conference on December 5 and 6, focusing on “The Right of Return – Promoting Justice for Azerbaijanis Forced to Deport from Armenia.” This event aims to bring global attention to the plight of Azerbaijanis who were expelled from Armenia, highlighting historical grievances and … Read more
