The price of Azerbaijan’s Azeri LT CIF oil in the world market has decreased by $0.3 or 0.46% to $65.07 a barrel. The lowest price for Azeri Light was recorded on April 21, 2020 ($15.81), and the all-time high of $149.66 was fixed in July 2008. QİA.az
Category: Economy
Azerbaijan sees 2% drop in personal incomes
In January-March 2021, the personal incomes in Azerbaijan amounted to AZN 13,455,900,000. According to the State Statistics Committee, this is 1.1% less than in the same period last year. Over the past year, the country’s per capita income decreased by 1.6% to AZN 1,345. QİA.az
Ferrari to reveal its first all-electric car
Ferrari, an Italian luxury sports car manufacturer based in Maranello, Italy, has confirmed that its first all-electric car will be revealed in 2025, “QİA.az” informs referring to Forbes. Speaking at the Italian company’s annual general meeting on April 15, Ferrari chairman and acting chief executive John Elkann finally put a date on the first Ferrari EV. “You… Continue reading Ferrari to reveal its first all-electric car
Italy’s debt to hit 100-years high
Italy’s debt this year will exceed the country’s previous record amassed in the aftermath of World War I, “QİA.az” informs referring to Bloomberg. The new borrowing tally of 159.8 percent of gross domestic product featured in a fiscal outlook ratified by Prime Minister Mario Draghi’s cabinet on April 15. That exceeds the probable all-time high of 159.5 percent achieved in 1920, shortly… Continue reading Italy’s debt to hit 100-years high
Baku Heydar Aliyev Airport gains 5-Star COVID-19 Airport Safety Rating
Heydar Aliyev International Airport in Baku, Azerbaijan is the fifth airport worldwide to be Certified with the highest 5-Star COVID-19 Airport Safety Rating, by international air transport rating agency Skytrax. This is a top recognition of the effectiveness of COVID-19 measures introduced at Heydar Aliyev International Airport to protect their customers and staff against the… Continue reading Baku Heydar Aliyev Airport gains 5-Star COVID-19 Airport Safety Rating
Azerbaijani oil prices decrease
The price of Azeri Light (CIF) crude oil has decreased on the world market, “QİA.az” reports. The price of a barrel of Azerbaijani oil has decreased by USD 1,35 or 2,15% to stand at USD 61,63.
Beijing becomes new billionaire capital of world
The world officially has a new billionaire capital. For the first time, Beijing is home to more billionaires than New York City, according to Forbes’ annual World’s Billionaires List for 2021., Report informs. The Chinese capital gained 33 new billionaires in 2020, bringing its total to 100 billionaires and just edging out New York City’s 99 billionaires,… Continue reading Beijing becomes new billionaire capital of world
IMF lowers Georgia’s economic growth outlook for this year
The International Monetary Fund (IMF) has reduced its economic growth forecast for Georgia this year from 4.3% to 3.5%, Report informs, citing the Fund. According to the document, the neighboring country’s economic growth is expected to be 5.8% in 2022 and 5.5% in 2023. The Georgian government predicts economic growth of 4.3% for 2021. QİA.az
Overhaul of another Russian-made helicopter completed in Azerbaijan
The Service Center for helicopter major repair at ASG Helicopter Services has completed the overhaul of another Mi-8AMT helicopter owned by the air carrier. The overhaul was carried out jointly with the specialists from the Russian Aviation Repair Plant No. 356 (Engels). It is the second overhaul of helicopters of this type in Azerbaijan. In… Continue reading Overhaul of another Russian-made helicopter completed in Azerbaijan
Bitcoin has risen in price
Bitcoin has risen in price. Virtual currency Bitcoin has risen in price. Bitcoin, which has the largest market capitalization, rose 8.1% to about $ 61,035.51 in the last day. Etherium rose 8.17% to $ 1,895.54 during the day.