Azerbaijan purchases TOS-1A flamethrower system based on Т-90

News.Az - Tuesday 18th June, 2013

In addition to T-90S tanks, 2S19 MSTA-S and BMP-3 tanks, Azerbaijan has purchased heavy flamethrower system TOS-1A, also known as "Solntsepek." The above-said tanks were purchased b Kazakhstan earlier. Like the Kazakh tanks, they have also been built on basis of T-90 tanks and equipped with 92C2 engine, Vestnik-rm.ru reports. These tanks are more modern than those owned by the ...

Events continue as part of Days of Azerbaijan in France

News.Az - Tuesday 18th June, 2013

Another event as part of the Days of Azerbaijan in France has taken place in Beauvais. The Days of Azerbaijan are held under the Heydar Aliyev Foundation`s "Cultural Treasures of Azerbaijan – the Pearl of Caucasus" ...

President of Azerbaijan congratulates newly elected Iranian leader

News.Az - Tuesday 18th June, 2013

President of Azerbaijan Ilham Aliyev has sent a letter of congratulation to the newly elected President of Iran. The letter notes the great importance attached by President Ilham Aliyev to relations between the Republic of Azerbaijan and the Islamic Republic of Iran. "These relations are based on the will of our peoples, who historically have lived in an atmosphere of good neighbourhood ...

The European Azerbaijan Society organized conference in France

News.Az - Tuesday 18th June, 2013

Bordeaux hosts "Islam and Secularism: The Azerbaijani experience and its reflection in France" conference. The French city of Bordeaux has hosted "Islam and Secularism: The Azerbaijani experience and its reflection in France" international conference. The conference was organized by The European Azerbaijan Society ...

Asia Markets Most Asian stocks drop in choppy trade before Fed

Market Watch - Monday 17th June, 2013

HONG KONG (MarketWatch) -- Most Asian markets retreated Tuesday in choppy trade as investors pondered whether the U.S. Federal Reserve will maintain its monthly bond purchases, with Hong Kong stocks dragged lower by a drop in mainland Chinese property and banking ...

Cameron will go to Kazakhstan despite dubious record on rights

The Independent - Monday 17th June, 2013

David Cameron is to pay a two-day visit to the dictatorship of Kazakhstan at the end of this month despite the country's chequered human rights record. It would be the first time that a serving British Prime Minister has ever visited the Central Asia ...

Mongolia shows the birthing pains of a green economy

New Scientist - Monday 17th June, 2013

Tsakhiagiin Elbegdorj , one of five UN Champions of the Earth for 2012. Mongolia is not alone: these trials face all nations seeking a green path to rapid economic ...

Gazprom plans Ukraine bypass

Asia Times - Monday 17th June, 2013

By Vladimir Socor On April 3, in Moscow, President Vladimir Putin and Gazprom CEO Alexei Miller announced a colossal series of gas projects. These involve an expansion of existing big projects or a reactivation of earlier, unimplemented proposals. Ukraine's start of gas imports from Europe, reducing dependence on Gazprom, triggered this Putin-Miller move. In a set-piece dialogue, they ...

Asia Marts mixed ahead of US Fed meet

General Sources - Monday 17th June, 2013

HONG KONG: Asian markets were mixed yesterday despite a weak batch of US economic data boosting hopes that the Federal Reserve will put off announcing any winding down of its vast stimulus scheme at the end of a policy meeting this week. Traders were upbeat despite a soft lead from Wall Street while the US dollar edged up after suffering a sell-off last Friday in New York. Tokyo jumped 2.73 per ...

Fitch Assigns Kazakhstans Sberbank Series 2 Bonds BBB- Final Rating

Fitch Ratings - Monday 17th June, 2013

Fitch: Spanish Floor Clause Ruling May Reduce Excess Spread A recent Spanish Supreme Court ruling could cause lenders to stop applying floor clauses that set minimum interest rates in mortgage contracts, and so reduce excess spread in Spanish RMBS transactions, Fitch Ratings says. The presence of interest rate floors in mortgage contracts has bolstered excess spread during the recent period of ...

Skis replace bullets in Iraqi Kurdistan

Asia Times - Monday 17th June, 2013

By Karlos Zurutuza PENJWIN, Iraqi Kurdistan - When 37-year-old Igor Urizar first happened upon the isolated mountain village of Penjwin, 300 kilometers northeast of Baghdad, he had a vision of this border-town - nestled in the pristine, snow-capped mountains of Iraqi Kurdistan - transformed into a haven for skiers. Today, after four years of hard work, Urizar is the proud founder of the ...

Russia Tajikistan in lopsided alliance

Asia Times - Monday 17th June, 2013

By Shavkat Kasymov Despite the optimism with which Tajik government officials hailed their country's accession to the World Trade Organization in January, there is a need for a more realistic assessment of the potential economic prospects in regards to membership of the world trading community. Tajikistan is a remittance-dependent country with strong political affinity to Russia, ...

Arabtec to build Aldars Abu Dhabi Plaza project in Kazakhstan

The National - Monday 17th June, 2013

Aldar Properties has awarded a Dh4 billion contract to an Arabtec-led joint venture to push ahead with a long-awaited 500,000 square metre hotel, shopping and housing project in Kazakhstan. In a stock market announcement yesterday Aldar said that construction of the five-tower project, comprising 566 luxury flats, 107,000 sq metres of offices, a five-star hotel and serviced apartments, and ...

BP Cuts Russia Turkmenistan Natural Gas Reserves Estimates

Neftegaz - Monday 17th June, 2013

BP PLC revised down its estimates for proved reserves of natural gas in countries in the former Soviet Union by almost a third as it brought the numbers in line with Western accounting standards on reserves, BP Chief Economist Christof Ruehl said Wednesday. Russia's gas reserves were revised down to 32.9 trillion cubic meters at the end of 2012 versus an unrevised number of 44.6 tcm at the ...