Florida building collapse leaves 3 dead

[ad_1] At least three people are dead, and as many as 99 are unaccounted for after a 12-story residential building partially collapsed in Miami-Dade County, Florida, Report states, citing ABC News. A massive search and rescue operation was launched before dawn, and crews are still carefully combing through the wreckage and remaining structure in hopes… Continue reading Florida building collapse leaves 3 dead

Azerbaijani banks see 8% growth in assets

[ad_1] As of June 1, 2021, the assets of Azerbaijan-based banks assets amounted to AZN 33,810.7 million, up 8.2% from a year earlier, Report informs citing the Central Bank of Azerbaijan (CBA). Of this, the loans issued to customers amounted to AZN 13,501 million. The loan portfolio grew 3.55%, the share of loans in assets… Continue reading Azerbaijani banks see 8% growth in assets

Azerbaijan’s Minister of Culture to visit Georgia in July

[ad_1] Azerbaijani Culture Minister Anar Karimov will visit Georgia in early July, Report informs. According to official sources, the program of the minister’s visit is ready. During his visit to Georgia, Karimov will hold official meetings and visit the Mirza Fatali Akhundzadeh Museum of Azerbaijani Culture and other cultural institutions in Tbilisi, the Georgian capital.… Continue reading Azerbaijan’s Minister of Culture to visit Georgia in July

Government mortgage lending more than doubles in Azerbaijan 

[ad_1] Mortgage lending through Mortgage and Credit Guarantee Fund (MCGF) amounted to AZN 170.6 million in January-May 2021, 2.3-fold higher than the same period in 2020, Report informs, citing the Central Bank of Azerbaijan. In the reporting period, the loans refinanced by the MCGF showed a nearly nine-fold increase to AZN 112.7 million. The funds… Continue reading Government mortgage lending more than doubles in Azerbaijan 

Turkey close to FX swap deal with Azerbaijan

[ad_1] Turkey has stepped up negotiations to conclude an FX swap agreement, and the deal with Azerbaijan is likely to be the first, Report informs via Reuters. On Tuesday, Turkish Central Bank Governor Sahap Kavcioglu told a meeting with banks that Turkey was in talks with four countries on FX swap deals and at “a… Continue reading Turkey close to FX swap deal with Azerbaijan

Permanent Rep: UN High Commissioner should urge Armenia to live up to its obligations

[ad_1] Currently Azerbaijan is actively engaged in the restoration of its liberated territories to ensure safe return of the displaced Azerbaijani population. However, the mines planted by Armenia in Azerbaijan continue to threaten lives of population of Azerbaijan, Permanent Representative of Azerbaijan to the UN Office and other international organizations in Geneva, Ambassador Vagif Sadigov… Continue reading Permanent Rep: UN High Commissioner should urge Armenia to live up to its obligations

UN representative visits Armenian Church in Baku

[ad_1] UN High Representative for the Alliance of Civilizations Miguel Angel Moratinos is on a visit to Azerbaijan, the Ministry of Culture told Report. The delegation held a series of meetings in Baku, visited the liberated Aghdam and Fuzuli districts, and got acquainted with the vandalism committed by Armenians during the occupation. The delegation also… Continue reading UN representative visits Armenian Church in Baku

BP to stick with oil and gas for decades, CEO says

[ad_1] BP will continue producing hydrocarbons for decades to come and will benefit from rising oil prices even as it reduces output as part of its shift to low-carbon energy, BP CEO Bernard Looney told Reuters, Report informs. The recent rally in crude prices, which climbed on Tuesday to a more than two-year high above… Continue reading BP to stick with oil and gas for decades, CEO says

Putin, Pashinyan discuss implementation of statements on Karabakh

[ad_1] President of Russia Vladimir Putin had a telephone conversation with the Acting Prime Minister of Armenia Nikol Pashinyan, Report informs, citing a Kremlin statement. Vladimir Putin congratulated Nikol Pashinyan on the victory of his Civil Contract Party in the recent snap parliament elections and wished him success in forming a new government. “During the… Continue reading Putin, Pashinyan discuss implementation of statements on Karabakh