Today.Az http://www.today.az Covering Azerbaijan inside and outside http://www.today.az/images/logo_small.gif Today.Az http://www.today.az Demand exceeds supply for Azerbaijani Central Bank’s notes 5 times http://www.today.az/news/business/184725.html Business Mon, 22 Jul 2019 15:47:00 +0400 By TrendThe Central Bank of Azerbaijan (CBA) raised 150 million manats from banks at a deposit auction on July 22, Trendreports referring to the CBA.The demand from banks amounted to 827.9 million manats.The interest rate on deposit transactions concluded within the auctions was 6.51 percent. Term of placement of funds is 14 days.The CBA started to hold deposit auctions in mid-June 2016. Deposit auction is an auction during which the deposits of commercial banks are placed in the CBA. The main aim of such auction is sterilization of money supply.(1 USD = 1.7 AZN on July 22) Azerbaijani oil prices up http://www.today.az/news/business/184707.html Business Mon, 22 Jul 2019 15:30:00 +0400 By TrendThe price of the AZERI LT CIF oil produced at Azeri-Chirag-Gunashli block of oil and gas fields amounted to $64.15 per barrel at Italian port of Augusta on July 19, which is $0.41 more than on July 18, a source in Azerbaijan's oil and gas market told Trend.On July 19, the AZERI Light FOB Ceyhan oil price was $63.45 per barrel, which is $0.41 more compared to the previous price.Azerbaijan has been producing AZERI LT since 1997 and exports it via the Baku-Tbilisi-Ceyhan and Baku-Supsa pipelines and by rail to the Georgian port of Batumi. Azerbaijan also exports URALS oil from Russia’s Black Sea port of Novorossiysk. The oil is delivered there via the Baku-Novorossiysk pipeline.The price for URALS-NOVO with shipment from port was $60.31 per barrel on July 19, which is $0.58 more than the previous price.The price for a barrel of Brent Dated, produced from the North Sea, stood at $61.27 on July 19, or $0.2 more than the previous price.(1 USD = 1.7 AZN on July 22) Trade with Georgia increases http://www.today.az/news/business/184724.html Business Mon, 22 Jul 2019 15:17:00 +0400 By AzernewsBy Leman MammadovaAzerbaijan is in the top 3 main trade partners of Georgia in the first half of 2019.The trade turnover between the two countries reached $508.9 million in January-June this year.Georgia exported goods worth $211 million to Azerbaijan, National Statistical Office of Georgia said in a message. This is 3.7 percent more than in the same period last year.At the same time, Georgia imported goods worth $297 million from Azerbaijan in the first half of the year, which is 3.1 percent less than in the same period of 2018.In the reporting period, the share of Azerbaijan in the total trade of the neighboring country amounted to 8.5 percent. Azerbaijan became the third largest trading partner of Georgia after Turkey and Russia.At the same time, the country was the second export partner of Georgia after Russia, with an 11.9 percent share in the total exports of Georgia. However, Azerbaijan’s share in Georgia’s total imports was 7.1 percent. Azerbaijan became the fourth largest importer of the neighboring country after Turkey, China and Russia.During the reporting period, Georgia’s total foreign trade turnover amounted to $5.9 billion, which is 0.6 percent less year-on-year.It's noteworthy that the total trade turnover between Georgia and Azerbaijan amounted to $1.1 billion last year. Georgian exports to Azerbaijan amounted to $502.7 million, while Azerbaijan exported goods worth $586 million to the country.Georgian exports to Azerbaijan mainly include cement, locomotives and other railway vehicles, mineral and chemical fertilizers, mineral waters, strong drinks, glass and glassware, pharmaceuticals, etc. Azerbaijan mainly exports oil and oil products, natural gas, electricity, plastic, cement, anhydrite and gypsum binders to Georgia.In 1995-2018, Georgia invested $93.8 million in Azerbaijani economy and Azerbaijan invested $3 billion in Georgia. Since 2012, Azerbaijan is in the first place in terms of investments in Georgia. More than 300 Georgian companies are registered in Azerbaijan, while about 650 Azerbaijani investment companies, especially SOCAR, operate successfully in Georgia.Azerbaijan was named the number one investor in Georgia in 2018. Last year, Azerbaijan invested $240 million in Georgia's economy. Azerbaijan's share in direct investments in the economy of the neighboring country was 19.5 percent. Although this is 1.9 times less than in 2017, Azerbaijan maintained its leadership.The two countries maintain high-level relations in all spheres, especially in the economic field. They have forward-looking joint initiatives for global projects in the region. Close bilateral ties play a key role in the development of regional cooperation.The legal framework between Azerbaijan and Georgia includes more than 100 agreements on bilateral cooperation. Currently, preparations are underway to sign another 16 agreements on cooperation in various fields.The two countries broadly cooperate in regional energy development, transportation and economic partnership projects such as Southern Gas Corridor, Baku-Tbilisi-Ceyhan pipeline (BTC), Kars-Tbilisi-Baku railway (BTK), TRACECA, and BSEC. Uzauto Motors to expand activity in local market http://www.today.az/news/business/184723.html Business Mon, 22 Jul 2019 14:49:00 +0400 By AzernewsBy Mirsaid IbrahimzadeAzerbaijani car market creates favorable conditions for foreign companies to come and meet the huge demand for vehicles in the country.There are already joint ventures with Russia and Iran assembling cars locally in Azerbaijan.A source from UzAuto Motors (formerly GM Uzbekistan) has told Trend that the company plans to properly penetrate the Azebraijani car market and export over 1,000 cars per year to Azerbaijan. The source said that at the first stage, the models R3 and R4 have been delivered to Azerbaijan, then the model range will be widened and this will be reported later on official sources of the company.The interlocutor noted that the purpose of the cooperation is to promote and provide the Azerbaijani market with high-quality and safe Uzbek-made cars.The source added that exports are an important component of the company's development, and therefore access to every new market is a significant factor in maintaining sustainable economic growth.Today, UzAuto Motors exports automobiles to Azerbaijan, Ukraine, Kyrgyzstan, Belarus, Afghanistan, Tajikistan, and Kazakhstan.Car assembly has been actively developing in Azerbaijan recently. The recent signing of a contract between Russia’s Kamaz and Azerbaijan’s Ganja Automobile Plant for the supply of vehicle assembly sets is a serious step towards the development of vehicle production in Azerbaijan.It is noteworthy that Kamaz is one of the world's top 20 heavy-duty truck producers and ranks 16th by production volumes of heavy-duty trucks. The production capacity is 71,000 vehicles a year. Azerbaijan, Iran mull transport projects implementation http://www.today.az/news/business/184722.html Business Mon, 22 Jul 2019 14:38:00 +0400 By AzernewsBy Leman MammadovaThe projects implemented by Azerbaijan and Iran designed to integrate regional transport networks will increase the competitiveness of International North-South Transport Corridor as well as deepen the relations in the regional format.Ramin Guluzade, Azerbaijani Minister of Transport, Communications and High Technologies, and Mohammad Eslami, Iranian Minister of Roads and Urban Development, discussed the issues of joint transport projects implementation on the sidelines of Elecomp exhibition held in Iranian capital Tehran.The sides discussed the construction of the highway between Iranian and Azerbaijani Astara regions, a joint border bridge and a new cargo terminal to link the network of motorways of Azerbaijan with the Iranian project Rasht-Astara.Eslami stressed the importance of the Astara (Iran) - Astara (Azerbaijan) railway project in terms of its role in the North-South corridor and increasing transit revenues of the two countries.North-South transport route envisages connecting India with the Middle East and the Caucasus, Central Asia and Europe. The project aims to increase the efficiency of transport communications in the organization of freight and passenger transportation, to assist in increasing the volume of international transportations.Within the North-South corridor, Astara-Rasht-Qazvin railway project envisages the construction of a new railway line in Iran, which will connect Astara, Azerbaijan to the Iranian cities of Astara, Rasht and Qazvin as well as the reconstruction of an existing railway in Azerbaijan.Eslami also noted that Iran-Azerbaijan Joint Transport Committee meeting will be held in Tehran, and described it as a good opportunity to remove barriers to the development of transport links. However, he did not specify the dates of the meeting.Guluzade, in turn, said that the relations between Azerbaijan and Iran in the field of ICT, as well as other sectors of the economy, are developing perfectly.He added that Azerbaijan will do everything possible to improve economic and trade relations with Iran.Guluzade invited Iranian companies to take part in the upcoming BakuTel exhibition in Baku, as well as to work in Azerbaijan.Current agenda of ICT cooperation between Azerbaijan and Iran includes telecommunications and postal cooperation, intensification of experience exchange, regulation of radio frequencies in the border areas, cyber security, space industry, and Iranian use of satellite resources, mobile communications and internet services.Guluzade also attended the quadripartite meeting of sectoral ministers of Azerbaijan, Iran, Russia and Turkey. The sides exchanged views on the possibilities of multilateral cooperation in the innovation and ICT sector.It was decided to organize mutual visits and joint activities in order to develop links between innovative startups and ICT companies.It’s noteworthy that $2 million investment was initially made by Azerbaijan, Iran, Russia and Turkey to establish a consortium to strengthen startups' work and incomes.Guluzade also held bilateral meetings with Mohammad-Javad Azari Jahromi, Iranian Minister of Information and Communications Technology, and Konstantin Noskov, Russian Minister of Digital Development, Communications and Mass Media, during which issues of mutual interest were discussed.Azerbaijani delegation also participated in the Iranian Digital Economic Forum. The event was attended by Iranian President Hassan Rouhani, the ICT ministers of a number of countries, high-ranking representatives of industry-specific international and regional organizations. Car production records remarkable growth http://www.today.az/news/business/184721.html Business Mon, 22 Jul 2019 14:27:00 +0400 By AzernewsBy Mirsaid IbrahimzadeSince the beginning of 2019, the car industry has confidently become one of the most active spheres within the non-oil industry.The figure for production of cars in Azerbaijan amounted to 1,112 units in the first half of 2019, the State Statistical Committee of Azerbaijan told local media.The committee noted that production of cars increased by 8.5 times compared to the same period of 2018. This growth is due to the fact that the production of cars in Azerbaijan resumed in April 2018.As for the entire 2018, approximately 1,000 cars were sold, while about 500 cars were sold in the first two months of 2019. If last year 40 percent accounted for purchases by government agencies and 60 percent - by the population, now this ratio has changed. This year, only 15 percent account for government agencies, while 85 percent account for the share of the population.According to statistics, in January this year, 89 cars were produced, February - 87, March - 107, April - 153, May - 490, June – 186 cars. As of July 1, there are 205 cars in the warehouses.As for production of tractors, 747 tractors for various purposes were manufactured in Azerbaijan (fall 11 percent). As of July 1, there are 264 units of tractors in the warehouses of the country.There are currently three car manufacturing plants in Azerbaijan. Khazar plant in Neftchala, Ganja Automobile Plant and a plant in Nakhchivan.It is noteworthy that Khazar car plant which has been operating since March produced over 1,600 cars and there is a plan to produce 3,000 cars in 2019.The country’s Ganja Automobile Plant is manufacturing trucks of Belarusian and Russian companies. Ganja Automobile Plant is the largest assembly plant of Belarusian tractors outside the Eurasian Economic Union.In addition, another plant opened in Nakhchivan in 2010 assembles eight models of Lifan passenger cars designed by China’s Lifan Group, which provides all the necessary spare parts for cars to the plant, so they may be assembled in Azerbaijan under the direct supervision of Chinese automotive specialists. National movies awarded in Italy http://www.today.az/news/entertainment/184720.html Arts & Entertainment Mon, 22 Jul 2019 14:15:00 +0400 By AzernewsBy Laman IsmayilovaAzerbaijani films have found their honored place at the international film festivals.Three works by local film director Jalaladdin Gasimov have achieved a great success at the Under the Stars International Film Festival in Italy, Azertag reported."Sholler's Archive" was named the Best Feature Film, while "Stalin's Dark Past" and "The First Success of Nobel Brothers" were selected as the Best Documentary Films.The film "Sholler's Archive" is dedicated to the 200th anniversary of the resettlement of German colonists in Azerbaijan and was screened on the special order of Azerbaijani President Ilham Aliyev."Sholler's Archive", based on real events, tells the story of a German colonist Sholler and his family, who migrated to Azerbaijan in the 1840s due to the difficult socio-economic situation in the German lands after Napoleonic Wars.The film director got all the information about the Shollers from his father.The shooting of the film took place in Ganja, Goygol, Tovuz and Baku. The cast includes Ajdar Zeynalov, Shirzad Pirallahi, Ramiz Valiyev and others.Earlier, "Sholler's Archive" was awarded the prizes at Noord-Holland European Cinematography Awards. The film won in the nominations "Best Dramatic Film" and "Best Feature Film".The film also grabbed five gold medals and received a certificate of excellence in filmmaking at Mediterranean Film Festival Cannes 2018 in France. In 2018, it  was named the most awarded Azerbaijani feature film.In February, 2019, "Sholler's Archive" won a prize at the third Rosarito Film Festival held in Mexico.Under The Stars International Film Festival is an international event displaying Italian and international films. As part of the festival, film industry specialists watch films and videos, make notes and give scores. Expert: Armenia destabilize region by expected military exercises near Azerbaijani borders http://www.today.az/news/politics/184719.html Politics Mon, 22 Jul 2019 13:50:00 +0400 By AzernewsBy Abdul KerimkhanovThe military drills expected to take place in Armenia are certainly an open provocation against Azerbaijan, in particular, Nakhchivan Autonomous Republic, Peter M. Tase, Scholar of International Affairs and author of various books on Azerbaijani Studies and Latin American Politics, said in an interview with Azernews.  "Armenian Armed Forces together with Iranian Defense Forces are openly destabilizing the fragile security environment in the Caucasus; violating international laws and UN resolutions; encouraging Yerevan to continue with its occupation of Azerbaijan’s sovereign territory; and undermining the peace dialogue that is shaped by OSCE Minsk Group (that was established by OSCE in 1992 and unfortunately has been incredibly weak when it comes to delivering tangible results and avoiding double standards)," he stressed.The expert said that the majority of officers in Azerbaijani Armed Forces in Nakhchivan is trained in the Western European countries and they have successfully completed Special Forces training in some of the best military schools of Europe and North America. "On the other hand, within the Armenian Armed Forces, their level of moral is at its worst levels and overall lack of ammunition to sustain prolonged fighting and weak military training would make Armenia a very unsuitable party to start an offensive; within a matter of two hours (after their offensive), Yerevan’s forces will be met with a destructive force and large scale irreparable damages from the immediate counterattacks of Azerbaijani Armed Forces. It is very inopportune for Armenia to undertake an offensive against Azerbaijani territories at this day and age," he said.Tase called the world community to understand that Armenian leadership is always articulating pro-war rhetoric due to their selfishness, fake aggressive impulses and stupidity. "Meanwhile, Azerbaijan is hosting International Scholars and Students every year to engage in dialogue of peace, multiculturalism, study the interfaith tolerance that has existed for centuries in Azerbaijan and is a great practice towards fomenting peace and prosperity in the Caucasus, Eurasia and Africa. Baku International Multiculturalism Centre and its Executive Director Ravan Hasanov and its Chairman of the Board Academician Prof. Dr. Kamal Abdullayev are doing amazing work towards strengthening peaceful inter-religious dialogue, globalizing the positive cultural values of Azerbaijan and preserving peace, economic prosperity and promote realpolitik in Europe and Asia," the expert noted.Further, he shared comments on U.S Congressman Bradley Sherman, and his proposal to amend the "National Defense Authorization Act" of the U.S. and prohibit the sale to Azerbaijan of American weapons that can be used against the so-called “civil aviation” of the occupied Nagorno-Karabakh. Tase noted that the legislative initiative recently sponsored by the U.S. Congressman Bradley Sherman is one of many prominent projects in favor of Armenia and its occupation of Azerbaijani sovereign territory."On the other hand, the pragmatic leadership and rare statecraft abilities of President Ilham Aliyev have bolstered the strategic partnership, historic ties and geostrategic dialogue between Azerbaijan and the U.S," he told.The expert said that since 2005, Sherman has supported Yerevan’s decades-long policies of genocide and ethnic cleansing operations against Azerbaijani people and environmental destruction of sovereign territory of Azerbaijan within Nagorno-Karabakh and its surrounding seven districts that are occupied by Armenia.Tase mentioned that as a Democratic Party member of Congress, Sherman is a loyal supporter of Armenia’s aggression policies in the Caucasus and been critical to Turkey’s strategic defense alliance with the U.S. He added that Sherman represents San Fernando Valley and 30th district of California, which has the largest concentration of Armenian-American community throughout the world, outside Armenia."Therefore a large number of Armenian-American constituents in his district are detrimental to his political future in Washington, this is obvious why Sherman has decided to maintain an adversarial stance against Azerbaijan and Turkey, with his discourse he is violating international laws and human rights resolutions issued by European Parliament and Democratic Principles embraced by the U.S. House of Representatives," the expert said.The expert added that Sherman has led other initiatives such as his intervention in the operations of Overseas Private Investment Corporation (OPIC), always generating obstacles towards the U.S.–Azerbaijan strategic partnership."However, the bilateral ties of Azerbaijan with the U.S. will continue to flourish and establish closer cooperation in commerce, political dialogue and harness geopolitical talks that bring Baku closer to the West," Tase concluded. Wonderful landscapes captured in timeless black & white http://www.today.az/news/entertainment/184716.html Arts & Entertainment Mon, 22 Jul 2019 13:49:00 +0400 By AzernewsBy Laman IsmayilovaBlack and white photos are still associated with the "old days". Some of them can be even more striking than the color photos.If you’re interested in black and white photography, take a look at the works of the talented Azerbaijani photographer Rustam Huseynov.His black and white photos exude timeless and classic beauty that revokes nostalgic feelings. The new series of works by the photographer is inspired by the hot summer beach landscapes of Absheron peninsula.The idea of the exhibition came suddenly and almost by chance."Summer is all about relaxing. As a photographer, I have taken photos of the sea. Later I realized that all these hard shadows, all this geometry capture me more and more. And the theme of the whole photo series slowly showed up," the photographer told Azernews.For many people, his works seemed as an exciting journey to the past and sweet childhood memories. That's why Huseynov decided to present these wonderful photographs to a greater number of viewers."I've noticed that in many places, whether it was Bilgah settlement or Pirallahy, there are still islands that have not changed for decades and preserved their atmosphere. Unfortunately, plenty of them are disappearing now, but at the same time, the atmosphere of such places continues to energize more than one generation," he said."I adore this landscape. That's what inspires me. Each photo is more than just a hard work. It is also about love," said Huseynov.In near future, the photographer is going to showcase the geometry of  modern Baku."I already had an exhibition on this theme. I want to continue this photo series," said Huseynov. "New Baku is a regular geometric figure. So, the city is turning into modern megalopolis. Each landscape has its fans and opponents. And the main task of the photographer is to capture them."The Caspian coast, encoded in a black and white austere landscape, looks like a monumental chthonic area, where time stands still and the eternal triumphs over the current moment and its atmosphere prevail over rare guests.The awareness of the power and beauty of nature is fascinating and not leaving for a second, and at the same time calm from the sound of the waves. Another snow white lamb, breaking into millions of splashes near the shore. Frames follow each other, captivating the mind and activating a sense of beauty.Lonely boats, sea waves before a storm, a fishing boat near the sandy-shell beach that goes into eternity, a cool breeze merged with the heavenly cloudy leave the unforgettable impression on the viewers.Sand Waves series is a collection that personify the image of Absheron peninsula in summer, a favorite spot to relax for many generations of local residents. For many decades, Absheron has been associated with precious memories.The exhibition will run until July 25. Its curator is Nurziya Khalilova. Admission is free. Asmar Narimanbayova stuns art world with vibrant paintings http://www.today.az/news/entertainment/184718.html Arts & Entertainment Mon, 22 Jul 2019 13:38:00 +0400 By AzernewsBy Laman IsmayilovaAzerbaijan's world-famous artist Asmar Narimanbayova continues to stun the art world with her vibrant paintings.The artist has successfully showcased her art works in Italy together with Roya Hasanova, graduate of Azerbaijan State Academy of Fine Arts, and Italian artists, Trend Life reported.The exhibition was held in the ART Studio Loreta Larkina gallery within "Art without Borders" project. Famous artists presented works on a free theme, expressing their vision and the beauty of the world.Georgian and Turkish artists will join the art project in August.Paintings by Asmar Narimanbayova and Roya Hasanova will be exhibited in the gallery until September.Narimanbayova is an artist full of light, wide and enthusiastic soul. The artist grew up in the atmosphere of love to art, music and literature.Her father Togrul Narimanbayov was the world-famous Azerbaijani artist and her mother Elmira Huseynova was a sculptor.Asmar Narimanbayova creates her works in different styles, from fauvism to impressionism, from postimpressionism to cubism and expressionism. Narimanbayova is distinguished by her bold and engaging style of painting.Colors in her artworks fill the form with dynamics and saturate her canvas with strong energy.Narimanbayova’s works are displayed in exhibitions, international festivals and symposiums all over the world. UzAuto Motors talks about supply of cars to Azerbaijan http://www.today.az/news/business/184715.html Business Mon, 22 Jul 2019 13:15:00 +0400 By TrendUzauto Motors (former GM Uzbekistan) plans to export over a thousand cars annually to the Azerbaijani market in the future, source from the UzAuto Motors company told Trend in an interview."At the first stage, the models R3 and R4 are delivered to Azerbaijan, then the model range will be expanded and this will be reported later on official sources of the company," a source said.He noted that the purpose of the joint cooperation is to promote and provide the Azerbaijani market with high-quality and safe Uzbek-made cars."Export is an important component of the company's development, and therefore entry into each market is an important factor in maintaining sustainable economic growth," the source said.Today, the company exports automobiles to Azerbaijan, to Ukraine, Kyrgyzstan, Belarus, Afghanistan, Tajikistan, and Kazakhstan.Earlier, Trend reported that UzAuto Motors will export cars to Azerbaijan. Azerbaijani oil prices for July 15-19 http://www.today.az/news/business/184706.html Business Mon, 22 Jul 2019 12:45:00 +0400 By TrendAverage price of AZERI LT CIF extracted at Azerbaijan’s Azeri-Chirag-Gunashli block of fields was $66.27 per barrel on July 15-19, or $1.33 less than the previous week, Trendreports.During the reporting period, the highest price of AZERI LT was $68.75 per barrel, while the lowest price was $63.74 per barrel.Azerbaijan sells AZERI LT via the Turkish port of Ceyhan and Georgian ports of Batumi and Supsa. The oil is supplied to Ceyhan via the BTC pipeline and to Georgia via the Baku-Supsa pipeline and railway.Azerbaijan sells the oil supplied via the Baku-Novorossiysk pipeline through Russia's Novorossiysk port.Average price of URALS (FOB-NOVO) was $62.27 per barrel, which is $1.27 less than in the previous week.The highest price for URALS was $64.58 per barrel and the lowest price was $59.73 per barrel on July 15-19.Average price of Brent Dated was $63.81 per barrel on July 15-19 or $2.29 per barrel less than the preceding week.The highest price for Brent was $66.83 per barrel and the lowest price was $61.07 during the period. Southern Gas Corridor is result of complex coordination between countries, companies http://www.today.az/news/business/184714.html Business Mon, 22 Jul 2019 12:23:00 +0400 By TrendThe Trans Adriatic Pipeline (TAP) and more generally, the Southern Gas Corridor is the result of a complex coordination activity between countries, companies and construction technologies, Trend reports citing TAP Italy External Relations Manager Davide Sempio.“TAP is a story of success. It is a history of collaboration between different peoples and cultures, between territories and people. A history where technology is at the service of environmental, social and economic protection,” he said.Sempio added that TAP has always paid great attention to issues such as the protection of the marine and land environment and the active involvement of stakeholders.TAP project, worth 4.5 billion euros, is one of the priority energy projects for the European Union (EU). The project envisages transportation of gas from Azerbaijan's Shah Deniz Stage 2 to the EU countries.Connecting with the Trans Anatolian Pipeline (TANAP) at the Greek-Turkish border, TAP will cross Northern Greece, Albania and the Adriatic Sea before coming ashore in Southern Italy to connect to the Italian natural gas network.The project is currently in its construction phase, which started in 2016.Once built, TAP will offer a direct and cost-effective transportation route opening up the vital Southern Gas Corridor, a 3,500-kilometer long gas value chain stretching from the Caspian Sea to Europe.TAP shareholders include BP (20 percent), SOCAR (20 percent), Snam S.p.A. (20 percent), Fluxys (19 percent), Enagás (16 percent) and Axpo (5 percent). Head of Iran Railways Company arrives in Baku http://www.today.az/news/business/184705.html Business Mon, 22 Jul 2019 12:04:00 +0400 By TrendIran's Deputy Minister for Roads and Urban Development and Managing Director of Railways of the Islamic Republic of Iran Saeid Rasouli has arrived in Baku within his official visit to Azerbaijan, the Embassy of the Islamic Republic of Iran in Azerbaijan told Trend.According to the report, Rasouli will hold discussions with Director of Azerbaijan Railways CJCS Javid Gurbanov and other Azerbaijani officials.As expected, during the meeting, the sides will exchange views on the improvement of the single window system in the Astara customs checkpoint and cooperation in the railway sector, especially on the Rasht-Astara railway.Rasouli is also expected to meet with other officials of Azerbaijan, including the Minister of Economy. Competitions in 7 sports to be held at EYOF 2019 on July 22 http://www.today.az/news/sports/184713.html Sports Mon, 22 Jul 2019 11:55:00 +0400 By TrendNext competitions are to be held as part of the XV Summer European Youth Olympic Festival on July 22, Trend reports.Swimmers, athletes, and wrestlers will be competing for 10 sets of medals on the second day of the competition, and games will be held between the tennis, basketball, volleyball and handball teams.Athletics09:20 Girls, shot put, classificationGunel Huseynova10:02. Girls, 800 m, I stageGunel Manafova10:26. Girls, 100 m, stage IFakhriya Tagizade10:56. Boys, 100 m, stage IAleksey Alakbarov19:02. Girls, 400 m, stage INika Mammadova19:20 Boys, long jump, classificationMammadagha MammadovBasketballBoys, group stage, I round18:15 Serbia - AzerbaijanHandballGirls, group stage, I round14:30 Switzerland - AzerbaijanBoys, group stage, I round20:30 Germany - AzerbaijanSwimming09:00 Girls, 100 m, freestyle, classificationSheykhalizade Khangan09:15 Boys, 400 m, freestyle, classificationRashad Aliguliyev09:55. Boys, 100 m, breaststroke, classificationAliyar JahangirbayovTennis09:00 Boys, 1/32 finalKanan Gasimov - Alessio Basile (Belgium) Gold and silver prices down in Azerbaijan http://www.today.az/news/business/184712.html Business Mon, 22 Jul 2019 11:36:00 +0400 By TrendGold prices decreased in Azerbaijan on July 22 compared to the previous prices, Trend reports citing the data published by the country’s Central Bank.The price of gold decreased by 25.058 manats to 2,426.7925 manats per ounce.The price of silver decreased by 0.0969 manats to 27.7878 manats per ounce.The price of platinum decreased by 9.656 manats to 1,445.6375 manats per ounce.The price of palladium decreased in comparison with the previous figure by 21.7685 manats to 2,575.9250 manats per ounce.Precious metalsJuly 22, 2019July 19, 2019GoldXAU2,426.79252,451.8505SilverXAG27.787827.8847PlatinumXPT1,445.63751,455.2935PalladiumXPD2,575.92502,597.6935The precious metals are gold, silver, platinum and metals of platinum group (palladium, iridium, ruthenium, rhodium, osmium) brought to the highest fineness (999.9).The precious metals are sold as ingots, coins or powder and have the appropriate quality certificates.Troy ounce is a unit of mass equal to 31.1034768 grams.(1 USD = 1.7 AZN on July 22) Turkmenistan develops medical cooperation with Russia, Israel http://www.today.az/news/regions/184711.html World news Mon, 22 Jul 2019 11:12:00 +0400 By TrendMemorandums and an agreement on cooperation in the field of medicine between the Ministry of Health and Medical Industry of Turkmenistan and relevant institutions of Russia and Israel were signed in the Turkmen capital of Ashgabat, Trend reports referring to Turkmen Dovlet Habarlary state news agency.Memorandums of understanding were concluded with the Federal State Budgetary Institution "National Medical Research Center of Obstetrics, Gynecology of Perinatology named after Academician V.I. Kulakov"; Moscow Clinical Hospital named after S.P.Botkin; the Scientific and Clinical Center of Cardiology and the A.N. Bakulev National Medical Research Center of Cardiovascular Surgery; and Russian Ilizarov Scientific Center for Restorative Traumatology and Orthopaedics.An agreement was also signed with the Ministry of Health of Tatarstan (a federal subject of Russia) on cooperation in the project "Development of simulation technologies in Turkmenistan in the system of medical education."Moreover, a plan for cooperation in the field of health and medicine for 2019-2024 has been approved with the Israeli Ministry of Health. Star Refinery initial 1 million tons of Urals crude http://www.today.az/news/business/184710.html Business Mon, 22 Jul 2019 10:45:00 +0400 By TrendThe Star Refinery of Azerbaijan’s state oil company SOCAR in Aliaga on the Aegean coast agreed to buy an initial 1 million tons of Urals crude -- about a tenth of the plant’s annual processing -- from Russia’s Rosneft PJSC, Mesut Ilter, the facility’s chief executive officer, said in an interview, Trend reports citing Bloomberg.“If there were no restrictions, we would buy Iranian crude,” he said, adding that the refinery can purchase oil from anywhere “as long as our model supports it."The refinery, which is expanding storage capacity by more than 50 percent to 2.5 million cubic meters, will process almost 8 million tons of crude this year and 10 million tons thereafter, Ilter said. Refining margins range from $5 to $8 a barrel, he said.Turkey will cut its diesel imports to 40 percent of annual demand from 60 percent thanks to the new refinery, Ilter said. Along with Tupras, the Star facility will be able to meet all the nation’s domestic jet-fuel demand, even once Istanbul’s new airport reaches full capacity, he said.However, future growth in demand for oil products will be centered on petrochemicals rather than transportation, according to the CEO.“We have built this refinery considering Turkey’s long-term dynamics and petrochemical needs.”The opening ceremony of the Star oil refinery took place on October 19, 2018 in Izmir, Turkey.The total refining capacity of the refinery will be 10 million tons, and Azerbaijan’s state oil company SOCAR is the main supplier of crude for the refinery. The refinery will significantly reduce the dependence of Turkey on imports of petrochemical products.The refinery worth $6.3 billion, built by SOCAR in the Aliaga District of Izmir, will produce 1.6 million tons of naphtha, 1.6 million tons of aviation fuel, 4.8 million tons of low-sulfur diesel, 700,000 tons of petroleum coke, 420,000 tons of mixed xylene and 160,000 tons of sulfur. Currency rates for July 22 http://www.today.az/news/business/184709.html Business Mon, 22 Jul 2019 10:26:00 +0400 By TrendOfficial exchange rate of the US dollar and euro against Azerbaijani manat was set at 1.7 and 1.9069 manats respectively for July 22.Below are the rates of Azerbaijani manat against world currencies, according to the data from the Central Bank of Azerbaijan for July 22.CurrenciesJuly 22, 20191 US dollar1 USD1.71 euro1 EUR1.90691 Australian dollar1 AUD1.19691 Argentine peso1 ARS0.0401100 Belarus rubles1 BYN0.83631 Brazil real1 BRL0.45351 UAE dirham1 AED0.46281 South African rand1 ZAR0.1220100 South Korean won100 KRW0.14441 Czech koruna1 CZK0.07471 Chilean peso100 CLP0.24751 Chinese yuan1 CNY0.24711 Danish krone1 DKK0.25541 Georgian lari1 GEL0.59111 Hong Kong dollar1 HKD0.21771 Indian rupee1 INR0.02461 British pound1 GBP2.1256100 Indonesian rupiah100 IDR0.0122100 Iranian rials100 IRR0.00401 Swedish krona1 SEK0.18111 Swiss franc1 CHF1.72841 Israeli shekel1 ILS0.48041 Canadian dollar1 CAD1.30141 Kuwaiti dinar1 KWD5.58901 Kazakh tenge1 KZT0.00441 Kyrgyz som1 KGS0.0243100 Lebanese pounds100 LBP0.11221 Malaysian ringgit1 MYR0.41321 Mexican peso1 MXP0.08941 Moldovan leu1 MDL0.09691 Egyptian pound1 EGP0.10231 Norwegian krone1 NOK0.1983100 Uzbek soums100 UZS0.01981 Polish zloty1 PLN0.44841 Russian ruble1 RUB0.02701 Singapore dollar1 SGD1.24901 Saudi riyal1 SAR0.45321 SDR (Special Drawing Rights of IMF)1 SDR2.35181 Turkish lira1 TRY0.30021 Taiwan dollar1 TWD0.05471 Tajik somoni1 TJS0.18011 New Turkmen manat1 TMM0.48571 Ukrainian hryvna1 UAH0.0662100 Japanese yen100 JPY1.57461 New Zealand dollar1 NZD1.1518 Armenian armed forces fire at Azerbaijani positions with large-caliber machine guns and sniper ... http://www.today.az/news/politics/184708.html Politics Mon, 22 Jul 2019 10:15:00 +0400 By TrendUnits of the Armenian armed forces violated the cease-fire in different directions of the front 16 times within 24 hours, using large-caliber machine guns and sniper rifles, Trendreports referring to the press service of the Azerbaijani Ministry of Defense.The conflict between the two South Caucasus countries began in 1988 when Armenia made territorial claims against Azerbaijan. As a result of the ensuing war, in 1992 Armenian armed forces occupied 20 percent of Azerbaijan, including the Nagorno-Karabakh region and seven surrounding districts.The 1994 ceasefire agreement was followed by peace negotiations. Armenia has not yet implemented four UN Security Council resolutions on withdrawal of its armed forces from Nagorno-Karabakh and the surrounding districts. Azerbaijan celebrates National Press Day http://www.today.az/news/society/184704.html Society Mon, 22 Jul 2019 10:00:00 +0400 By AzernewsBy Laman IsmayilovaThe Azerbaijani national press, which has rich historical, progressive and glorious traditions, celebrates its 144th anniversary on July 22.The national press, the foundation of which was laid by the great enlightener and publisher Hasan bey Zardabi,  has always been the mouthpiece of progressive ideas in Azerbaijan and the country's public and political life.The press plays a major role in the preservation and enrichment of the national and spiritual values ??of people.The National Press Day proves that journalism in Azerbaijan is paid attention and concern by the state.History of National PressThe history of the press in Azerbaijan began with Akinchi, the first Azerbaijani-language newspaper, published by Hasan bey Zardabi between 1875 and 1877.Throughout his life, Zardabi fought for the enlightenment of Muslims in the Caucasus. The appearance of the first edition in the Azerbaijani language has received a huge response not only in Azerbaijan, but also in Russia.The newspaper published materials on achievements in the fields of science, education, culture, literature and art and declared the need for changes in the education system. Popular science articles on agriculture and natural sciences were published on its pages.There were also stories about social and cultural state of Muslims in the Caucasus, which harshly criticized superstition and backwardness.The main principles of Akinchi were the enlightenment, modernization, promotion of national interests, unity of national and universal values.Indeed, Hasan bey Zardabi had to face many difficulties. Position of the newspaper sharply complicated during the Russo-Turkish War (1877–1878). Tsar’s censorship prohibited to touch upon political issues in the newspaper.Since 1880, this newspaper was published under the name Ziyayi-Qafqaziyye". After publication of 104 issues, it was closed in 1884.Akinchi newspaper gave a powerful impetus to the formation of a national press.Further, newspapers like Shergi-Rus (1903-1905), Hayat (1905-1906), Molla Nasreddin (1906-1931), Fuyuzat (1906-1907), Shalale (1913-1914), Igbal (1912-1915), Dirilik (1914-1916), Achiq Soz (1915-1918) also  reflected social and political events in the country.At all times the best weapon against injustice and snobbery was the sense of humor.It's a perfect description for "Molla Nasraddin," the eight-page weekly, satirical magazine, which has played an invaluable role in the history of the Azerbaijani press.The name "Molla Nasraddin" was inspired by the 13th century Sufi wise man with a good sense of humor. His stories had a subtle humour and was very popular in public.The magazine was revolutionary for that time as it criticized corruption, snobbery, ignorance, religious fanaticism. "Molla Nasraddin" promoted equal rights for women as well as freedom of expression and preservation of national language and traditions."Molla Nasreddin" also addressed uneducated people and used satirical verses, stories and cartoons to convey its messages to the society.The magazine was banned several times in 1912, 1914 and 1917. Despite all hardships, the publication managed to stay in print over 25 years (1906-1931). Enchanting opening ceremony of XV Summer European Youth Olympic Festival in Baku http://www.today.az/news/sports/184717.html Sports Mon, 22 Jul 2019 09:50:00 +0400 By TrendBaku is hosting XV Summer European Youth Olympic Festival (EYOF 2019), Trend reports.The grand opening ceremony of the XV Summer European Youth Olympic Festival was held in Baku on July 21.EYOFl is held under the auspices of the International Olympic Committee and is a source of pride for the European Olympic Committees (EOC), which have more than 25 years of tradition.The festival is the first multi-European event for young athletes aged 14-18. In odd years, winter and summer festivals are held every two years.Trend presents photos from the opening ceremony of the XV Summer European Youth Olympic Festival. President Aliyev, First Lady Mehriban Aliyeva take part in solemn opening ceremony of 15th ... http://www.today.az/news/politics/184700.html Politics Sun, 21 Jul 2019 20:53:00 +0400 By TrendAzerbaijan is hosting yet another high-profile international sporting event as Baku 2019 15th Summer European Youth Olympic Festival (EYOF) is set to begin.President of the Republic of Azerbaijan, Head of the National Olympic Committee Ilham Aliyev, first lady Mehriban Aliyeva , as well as President of the European Olympic Committees Janez Kocijan?i?, heads of delegates of the participating states are attending a solemn opening ceremony of the 15th Summer European Youth Olympic Festival at the Baku Crystal Hall.European Youth Olympic Festival is held under the patronage of the IOC, and is the pride of the European Olympic Committees with 25 years of tradition. EYOF is the first top European multi-sport event aimed at young athletes aged 14 to 18. There is a winter and a summer edition, which take place in two-year cycles, in odd-numbered years. The EYOF belongs to the European Olympic Committees (EOC).The event takes place under the Olympic flag, and is rich with Olympic traditions: from the burning flame to athletes’ and officials’ oaths. It is at the EYOF that many of Europe’s inspiring sports stars of tomorrow take their first steps on the international stage. And while some may enjoy EYOF as a stepping-stone to Olympic greatness, all who participate take home friendships and experiences to last a lifetime.Baku 2019 will feature seven days of competition in 10 sports at 12 competition venues, all of which are already existing, making this edition of the EYOF also one of the most sustainable. Wrestling will join the EYOF program for the first time this year.Approximately 3,600 young people and their officials take part in the summer festivals, while there are around 1,600 participants at the winter editions. The competitions consisting of 10 sports (Artistic Gymnastics, Athletics, Basketball, Cycling, Handball, Judo, Swimming, Tennis, Volleyball, and Wrestling) will involve over 2500 volunteers.A total of 122 Azerbaijani athletes will vie for medals at the European Youth Olympics Festival to be held in Baku from July 21-27.The solemn opening ceremony of the 15th Summer Youth Olympic Festival kicks off at 20:00 local time.The national anthem of the Republic of Azerbaijan is played.The state flag of Azerbaijan is carried and raised by servicemen of the National Guard under the accompaniment of the national anthem.Then the traditional parade of athletes began. Wrestler Hagverdiyev bags Azerbaijan’s second gold at EYOF 2019 http://www.today.az/news/sports/184701.html Sports Sun, 21 Jul 2019 18:15:00 +0400 By TrendAzerbaijani freestyle wrestler Murad Hagverdiyev (45kg) has added a second gold to the nation`s medal haul at the 15th Summer European Youth Olympic Festival, Trend reports on July 21.He secured the title after defeating Georgian rival Nikolozi Santeladze 11-4.On the way to the final, Hagverdiyev beat Russian Eldar Asakaev, Belarus Mikita Berazun, Turkish Bahri Soyler, and Polish Fabian Niedzwiedski.The XV Summer European Youth Olympic Festival, which is held July 21-27, will take place at 12 sports facilities.The festival will be attended by 3,900 athletes from 48 European countries. 52 percent of the participants are males, and 48 ??percent are females. Athletes will compete for 135 sets of medals. A total of 930 medals are prepared for the winners, including 300 gold, 300 silver and 330 bronze medals.Some 122 athletes will represent Azerbaijan at the festival.Athletes will compete in ten kinds of sports - gymnastics, athletics, basketball, cycling, handball, judo, swimming, tennis, volleyball and wrestling.In each of these sports, Azerbaijan will be represented by 18 athletes. In addition, 12 athletes in judo, 4 athletes in rhythmic gymnastics, 6 in cycling, 4 in tennis and 6 in swimming will compete for medals. In team sports, 12 athletes are included in each of the country’s volleyball and basketball teams. Each men’s and women’s handball team includes 30 players.More than 2,500 volunteers will be involved in the festival. Azerbaijan’s Greco-Roman wrestler takes bronze at EYOF http://www.today.az/news/sports/184702.html Sports Sun, 21 Jul 2019 18:00:00 +0400 By TrendAzerbaijani Greco-Roman wrestler Nihad Mammadli (55kg) has won a bronze medal at the 15th Summer European Youth Olympic Festival, Trend reports on July 21.He secured the bronze medal thanks to a victory over the representative of Turkey Ates Bekir 9-1.The XV Summer European Youth Olympic Festival, which is held July 21-27, will take place at 12 sports facilities.The festival will be attended by 3,900 athletes from 48 European countries. 52 percent of the participants are males, and 48 ??percent are females. Athletes will compete for 135 sets of medals. A total of 930 medals are prepared for the winners, including 300 gold, 300 silver and 330 bronze medals.Some 122 athletes will represent Azerbaijan at the festival.Athletes will compete in ten kinds of sports - gymnastics, athletics, basketball, cycling, handball, judo, swimming, tennis, volleyball and wrestling.In each of these sports, Azerbaijan will be represented by 18 athletes. In addition, 12 athletes in judo, 4 athletes in rhythmic gymnastics, 6 in cycling, 4 in tennis and 6 in swimming will compete for medals. In team sports, 12 athletes are included in each of the country’s volleyball and basketball teams. Each men’s and women’s handball team includes 30 players.More than 2,500 volunteers will be involved in the festival. Azerbaijani wrestler wins first gold medal of XV Summer European Youth Olympic Festival http://www.today.az/news/sports/184703.html Sports Sun, 21 Jul 2019 17:59:00 +0400 By TrendAzerbaijan’s Greco-Roman wrestler Farid Sadigli (45kg) has bagged the first gold medal of the 15th Summer European Youth Olympic Festival which is held at the Heydar Aliyev Sports Palace, Trend reports on July 21.Sadigli secured the gold medal thanks to a victory over the representative of Turkey Umut Coban.The Azerbaijani athlete beat his Italian rival Andrea Martino in 1/8 final, Georgian Davit Gvasalia at 1/4 final, and Russian Maxim Gurov at semifinal.The XV Summer European Youth Olympic Festival, which is held July 21-27, will take place at 12 sports facilities.The festival will be attended by 3,900 athletes from 48 European countries. 52 percent of the participants are males, and 48 ??percent are females. Athletes will compete for 135 sets of medals. A total of 930 medals are prepared for the winners, including 300 gold, 300 silver and 330 bronze medals.Some 122 athletes will represent Azerbaijan at the festival.Athletes will compete in ten kinds of sports - gymnastics, athletics, basketball, cycling, handball, judo, swimming, tennis, volleyball and wrestling.In each of these sports, Azerbaijan will be represented by 18 athletes. In addition, 12 athletes in judo, 4 athletes in rhythmic gymnastics, 6 in cycling, 4 in tennis and 6 in swimming will compete for medals. In team sports, 12 athletes are included in each of the country’s volleyball and basketball teams. Each men’s and women’s handball team includes 30 players.More than 2,500 volunteers will be involved in the festival. Regular individual meetings in tennis competitions of XV Summer European Youth Olympic Festival ... http://www.today.az/news/sports/184698.html Sports Sun, 21 Jul 2019 16:10:00 +0400 Trend:Regular individual meetings in the tennis competitions of the XV Summer European Youth Olympic Festival have ended, Trend reports.According to the results, Salma Drugdova (Slovakia), who beat Polina Drobisheva (Azerbaijan) with a score of 6:1, 6:0, as well as Ariga Todoni (Romania), who beat Pia Maria Rebec (Slovenia) with a score of 6:0, 6:0, Pedro Rodenas (Spain), who beat Forta Morina (Kosovo) with a score of 6:0, 6:0, Dominik Salkov (Czech Republic), who beat Dani Zhuna (Albania) with a score of 6:0, 6:0, and Andrea Sillaste (Estonia), who beat Patrik Jurina (Croatia) with a score of 7:5, 6:2, have proceeded to the next stage.Competitions in both freestyle wrestling and Greco-Roman wrestling in weight categories up to 45 and 55 kilograms are being held on the first day. The wrestling competitions will last for three days.The XV Summer European Youth Olympic Festival, which is held July 21-27, will take place at 12 sports facilities.The festival will be attended by 3,900 athletes from 48 European countries. 52 percent of the participants are males, and 48 ??percent are females. Athletes will compete for 135 sets of medals. A total of 930 medals are prepared for the winners, including 300 gold, 300 silver and 330 bronze medals.Some 122 athletes will represent Azerbaijan at the festival.Athletes will compete in ten kinds of sports - gymnastics, athletics, basketball, cycling, handball, judo, swimming, tennis, volleyball and wrestling.In each of these sports, Azerbaijan will be represented by 18 athletes. In addition, 12 athletes in judo, 4 athletes in rhythmic gymnastics, 6 in cycling, 4 in tennis and 6 in swimming will compete for medals. In team sports, 12 athletes are included in each of the country’s volleyball and basketball teams. Each men’s and women’s handball team includes 30 players.More than 2,500 volunteers will be involved in the festival. Azerbaijani gymnast wins silver and bronze at 1st FIG Rhythmic Gymnastics Junior World Championships http://www.today.az/news/sports/184697.html Sports Sun, 21 Jul 2019 15:48:00 +0400 Trend:Azerbaijani gymnast Arzu Jalilova (19.2 points) won the silver medal at the 1st FIG Rhythmic Gymnastics Junior World Championships held in Moscow in individual exercises with the ball, Trend reports.The first place went to Russia’s Lala Kramarenko (21.525 points), and the third place went to Arina Krasnorutskaya (Belarus) with a score of 18.475 points.Jalilova also took the bronze medal in the final of individual rope exercises. She won a medal with a score of 17.4 points.Anastasia Simakova took the gold medal (20.6 points), while the silver was taken by Sofia Raffaeli (Italy). Turkish tennis players begin competitions at XV Summer European Youth Olympic Festival with victory http://www.today.az/news/sports/184696.html Sports Sun, 21 Jul 2019 15:27:00 +0400 Trend:The results of the first meetings of the tennis competitions of the XV Summer European Youth Olympic Festival have been summed up, Trend reports.In the individual competitions, Maya Basalel (Israel) defeated Hanne Vandevinkel (Belgium) 6(10):7, 6:4, 10:8, Petja Drame (Slovenia) - Andrea Pineda (UK) 6:3, 6:1, Togan Tokac (Turkey) - Noa Vukandi (Croatia) 6:2, 6:1, Melis Senli (Turkey) - Vesa Gjinaj (Kosovo) 6:1, 6:1, Bidni Yehonatan (Israel) - Barton Ginek (Czech Republic) 7:5, 6:2, Mariya Sholokova (Russia) - Suana Tucakovic (Bosnia and Herzegovina) 6: 2, 6: 2.Competitions in both freestyle wrestling and Greco-Roman wrestling in weight categories up to 45 and 55 kilograms are being held on the first day. The wrestling competitions will last for three days.The XV Summer European Youth Olympic Festival, which is held July 21-27, will take place at 12 sports facilities.The festival will be attended by 3,900 athletes from 48 European countries. 52 percent of the participants are males, and 48 ??percent are females. Athletes will compete for 135 sets of medals. A total of 930 medals are prepared for the winners, including 300 gold, 300 silver and 330 bronze medals.Some 122 athletes will represent Azerbaijan at the festival.Athletes will compete in ten kinds of sports - gymnastics, athletics, basketball, cycling, handball, judo, swimming, tennis, volleyball and wrestling.In each of these sports, Azerbaijan will be represented by 18 athletes. In addition, 12 athletes in judo, 4 athletes in rhythmic gymnastics, 6 in cycling, 4 in tennis and 6 in swimming will compete for medals. In team sports, 12 athletes are included in each of the country’s volleyball and basketball teams. Each men’s and women’s handball team includes 30 players.More than 2,500 volunteers will be involved in the festival. Three Azerbaijani wrestlers reach finals at XV Summer European Youth Olympic Festival http://www.today.az/news/sports/184695.html Sports Sun, 21 Jul 2019 15:09:00 +0400 Trend:Azerbaijani wrestlers continue their successful performance during the wrestling competitions at the XV Summer European Youth Olympic Festival held in Baku, Trend reports.As such, the Azerbaijani freestyle wrestlers Murad Hagverdiyev (45 kg) and Abulfaz Nasirov (55 kg) reached the final of the competition. On the way to the final, Hagverdiev turned out to be stronger than his opponents Eldar Asakaev (Russia), Mikita Berazun (Belarus), Bahri Soyler (Turkey) and Fabian Niedzielski (Poland), while Nasirov defeated Harvey Readings (UK), Bezkhani Barsonidze (Georgia) and Magomed-Emi Eltemirov (Russia).The representative of Azerbaijan in the Greco-Roman wrestling Farid Sadikhli (45 kg) also reached the final of the competition, emerging stronger than his opponents Andrea Matino (Italy), Davit Gvasalia (Georgia) and Maksim Gurov (Russia).Another Greco-Roman style wrestler Nihat Mammadli (55 kg) defeated Olivier Skrypczak (Poland) in the 1/8 final, but lost to Romeo Beridze (Georgia) in the 1/4 final. Mammadli will be participating in consolation meetings.Competitions in both freestyle wrestling and Greco-Roman wrestling in weight categories up to 45 and 55 kilograms are being held on the first day. The wrestling competitions will last for three days.The XV Summer European Youth Olympic Festival, which is held July 21-27, will take place at 12 sports facilities.The festival will be attended by 3,900 athletes from 48 European countries. 52 percent of the participants are males, and 48 ??percent are females. Athletes will compete for 135 sets of medals. A total of 930 medals are prepared for the winners, including 300 gold, 300 silver and 330 bronze medals.Some 122 athletes will represent Azerbaijan at the festival.Athletes will compete in ten kinds of sports - gymnastics, athletics, basketball, cycling, handball, judo, swimming, tennis, volleyball and wrestling.In each of these sports, Azerbaijan will be represented by 18 athletes. In addition, 12 athletes in judo, 4 athletes in rhythmic gymnastics, 6 in cycling, 4 in tennis and 6 in swimming will compete for medals. In team sports, 12 athletes are included in each of the country’s volleyball and basketball teams. Each men’s and women’s handball team includes 30 players.More than 2,500 volunteers will be involved in the festival. Azerbaijani athlete joins tennis competitions in XV Summer European Youth Olympic Festival http://www.today.az/news/sports/184694.html Sports Sun, 21 Jul 2019 14:46:00 +0400 Trend:The tennis competitions of the XV Summer European Youth Olympic Festival held in the Tennis Academy of Baku have been joined by Azerbaijani tennis player Polina Drobisheva, Trend reports.The Azerbaijani tennis player meets in the individual competitions of girls with the representative of Slovakia Salma Drudova.In addition, meetings are held between the following tennis players: Pia Maria Rebec (Slovenia) - Arika Todoni (Romania), Pedro Rodenas (Spain) - Erden Er (Turkey), Forta Morina (Kosovo) - Chelsea Fontenel (Switzerland), Dominik Salkov (Czech Republic) - Dani Zhuna (Albania), Andrea Sillaste (Estonia) - Patrik Jurina (Croatia).Azerbaijan’s Tamerlan Azizov will meet in an individual match with Italy’s Daniel Minigini. Azad Rahimov: 6,750 tickets sold out at opening ceremony of XV Summer European Youth Olympic ... http://www.today.az/news/sports/184693.html Sports Sun, 21 Jul 2019 14:25:00 +0400 Trend:Some 6,750 tickets were sold out at the opening ceremony of the XV Summer European Youth Olympic Festival held in Baku, said Azerbaijani Minister of Youth and Sports Azad Rahimov, Trend reports.The minister said that all the tickets for the opening ceremony have been sold out. According to him, there is a huge interest in these competitions.Rahimov also noted that in some arenas the number of seats is less than the number of those willing to purchase the tickets.The minister stressed that 60 percent of tickets were sold for some of the competitions, and 50 percent for some. Speaking about the payment of the expenses of athletes, Rahimov noted that each foreign athlete pays 90 euros."This amount includes three meals a day. Matters of transport are decided upon by the participating country," Rahimov said.The minister added that, compared to other countries, the budget envisaged for holding these competitions is considerably smaller in Azerbaijan.The XV Summer European Youth Olympic Festival, which is held July 21-27, will take place at 12 sports facilities.The festival will be attended by 3,900 athletes from 48 European countries. 52 percent of the participants are males, and 48 ??percent are females. Athletes will compete for 135 sets of medals. A total of 930 medals are prepared for the winners, including 300 gold, 300 silver and 330 bronze medals.Some 122 athletes will represent Azerbaijan at the festival.Athletes will compete in ten kinds of sports - gymnastics, athletics, basketball, cycling, handball, judo, swimming, tennis, volleyball and wrestling.In each of these sports, Azerbaijan will be represented by 18 athletes. In addition, 12 athletes in judo, 4 athletes in rhythmic gymnastics, 6 in cycling, 4 in tennis and 6 in swimming will compete for medals. In team sports, 12 athletes are included in each of the country’s volleyball and basketball teams. Each men’s and women’s handball team includes 30 players.More than 2,500 volunteers will be involved in the festival. President of EOC: Azerbaijan has huge experience in holding international competitions http://www.today.az/news/sports/184692.html Sports Sun, 21 Jul 2019 14:08:00 +0400 Trend:Azerbaijan has greatly organized the XV Summer European Youth Olympic Festival, said the President of the European Olympic Committees (EOC) Janez Kocijancic, Trend reports.He said that the Summer European Youth Olympic Festival is gaining more and more sympathy every year and has already become a tradition. The festival has been organized successfully up until the present."I believe that this festival will be held successfully in Baku. Azerbaijan has huge experience in holding international competitions," he noted.The XV Summer European Youth Olympic Festival, which is held July 21-27, will take place at 12 sports facilities.The festival will be attended by 3,900 athletes from 48 European countries. 52 percent of the participants are males, and 48 ??percent are females. Athletes will compete for 135 sets of medals. A total of 930 medals are prepared for the winners, including 300 gold, 300 silver and 330 bronze medals.Some 122 athletes will represent Azerbaijan at the festival.Athletes will compete in ten kinds of sports - gymnastics, athletics, basketball, cycling, handball, judo, swimming, tennis, volleyball and wrestling.In each of these sports, Azerbaijan will be represented by 18 athletes. In addition, 12 athletes in judo, 4 athletes in rhythmic gymnastics, 6 in cycling, 4 in tennis and 6 in swimming will compete for medals. In team sports, 12 athletes are included in each of the country’s volleyball and basketball teams. Each men’s and women’s handball team includes 30 players.More than 2,500 volunteers will be involved in the festival. Minister: Azerbaijan is fully ready for holding XV Summer European Youth Olympic Festival http://www.today.az/news/sports/184691.html Sports Sun, 21 Jul 2019 13:44:00 +0400 Trend:Azerbaijan is fully ready for holding the XV Summer European Youth Olympic Festival, said Azerbaijani Minister of Youth and Sports Azad Rahimov, Trend reports.According to him, Baku is hosting yet another important competition."We are fully ready for the competition and the strongest will win in them," he said.The minister noted that local specialists are responsible for the main part of the organizational work."This competition is very important for both Azerbaijan and Europe. No such competitions are being held in any continent apart for Europe. We have achieved this. It will be a great experience for our athletes, and a great challenge," he noted.The XV Summer European Youth Olympic Festival, which will be held July 21-27, will take place at 12 sports facilities.The festival will be attended by 3,900 athletes from 48 European countries. 52 percent of the participants are males, and 48 ??percent are females. Athletes will compete for 135 sets of medals. A total of 930 medals are prepared for the winners, including 300 gold, 300 silver and 330 bronze medals.Some 122 athletes will represent Azerbaijan at the festival.Athletes will compete in ten kinds of sports - gymnastics, athletics, basketball, cycling, handball, judo, swimming, tennis, volleyball and wrestling.In each of these sports, Azerbaijan will be represented by 18 athletes. In addition, 12 athletes in judo, 4 athletes in rhythmic gymnastics, 6 in cycling, 4 in tennis and 6 in swimming will compete for medals. In team sports, 12 athletes are included in each of the country’s volleyball and basketball teams. Each men’s and women’s handball team includes 30 players.More than 2,500 volunteers will be involved in the festival. Azerbaijani wrestlers distinguish themselves on very first day of XV Summer European Youth ... http://www.today.az/news/sports/184690.html Sports Sun, 21 Jul 2019 13:23:00 +0400 Trend:Azerbaijani athletes continue their successful performance in wrestling competitions at the Heydar Aliyev Sports Palace on July 21 as part of the XV Summer European Youth Olympic Festival held in Baku, Trendreports.All four of the Azerbaijani wrestlers emerged victorious in their first meetings. Freestyle wrestlers Murad Hagverdiyev (45 kilograms) and Abulfaz Nasirov (55 kilograms) defeated Eldar Asakaev (Russia) and Harvey Readings (UK), respectively. As to Azerbaijan’s representatives in Greco-Roman wrestling - Farid Sadikhli topped his Italian opponent Andrea Martino, and Nihat Mammadov - the Polish representative Olivier Skrypczak.Competitions in both freestyle wrestling and Greco-Roman wrestling in weight categories up to 45 and 55 kilograms are being held on the first day. The wrestling competitions will last for three days.11:26 (GMT+4) Azerbaijani freestyle wrestler Murad Hagverdiyev (45 kg) in Group A defeated Russian representative Eldar Asakaev at the XV Summer European Youth Olympic Festival, Trend reports.The wrestling competitions are being held at the Heydar Aliyev Sports Hall.Competitions in both freestyle wrestling and Greco-Roman wrestling are being held on the first day. Another Azerbaijani wrestler Abulfaz Nasirov also performs in Group A and is currently competing with UK representative Harvey Readings during the 1/8 final.In the Greco-Roman wrestling competitions, Azerbaijani representatives Farid Sadikhli will compete with Italian representative Andrea Martino in the qualifying round, and Nihat Mammadli will compete with Polish representative Olivier Skrypczak during the 1/8 final. Economically active population grow http://www.today.az/news/society/184689.html Society Sun, 21 Jul 2019 13:05:00 +0400 By Azernews By Mirsaid IbrahimzadeSince the beginning of 2019, the population of Azerbaijan has increased by 31,676 people or 0.3 percent to 10,013,133 people as of June 1, the State Statistical Committee of Azerbaijan reported.In particular, 52.8 percent of the total population are urban dwellers, 47.2 percent are rural, of whom 49.9 percent are men, and 50.1 percent are women.The population density is 115 people per square kilometer.In addition, in January to May of this year, 24,690 deaths were registered and compared to the same period last year, the mortality rate per 1,000 population has fallen from 6.2 to 6.0.As for population in economic terms, the number of economically active population of Azerbaijan reached 5.16 million people of which 4.91 million are employed as of July 1, 2019.In this period of 2018, the number of economically active people amounted to 5.10 million people, of which 4.85 million people are employed.The number of people hired was 1.59 million people, including 898,000 people in the public sector and 692,700 people in the private sector.The number of unemployed registered with the employment service until July 1 increased by 19,200 people compared to the same period last year, reaching 55,800 people with 34.6 percent of being women. The average size of unemployment insurance benefits is 221.2 manats ($130.11) (287.2 manats ($168.94 - last year).The most jobless were registered in Sumgayit, Absheron, Shamkir and Salyan regions.Population census will be held in Azerbaijan on October 1, 2019. The census is held every 10 years. The total population of Azerbaijan, according to results of 2009, was 8,922,447 people.Interesting fact that Azerbaijan welcomed its 10 millionth citizen on April 6, 2019. Voting begins in Japan's upper house election http://www.today.az/news/regions/184685.html World news Sun, 21 Jul 2019 12:47:00 +0400 Trend:Voters across Japan began casting their ballots on Sunday in the upper house election, which is expected to be a barometer of public opinion on Prime Minister Shinzo Abe's six and a half years in power, Trend reports citing Xinhua.In most parts of the country, polling stations will close at 8:00 p.m. local time and vote counting will start as soon as the voting ends.Members of the upper house serve six-year terms, with about half the seats up for grabs every three years.In Sunday's election, 124 seats are up for grabs, including three that are newly added.With a total of 370 candidates vying for the seats, key platform issues include amending the Constitution, hiking the consumption tax, and the state's pension system.Abe has said his victory line for his Liberal Democratic Party and its coalition partner Komeito is to maintain a majority, or 123 seats, of the slots in the 245-seat chamber.Holding 70 of the seats in the uncontested half, the coalition needs to win 53 to keep control of the upper house. Soyuz-FG rocket launches with Soyuz MS-13 manned spacecraft from Baikonur http://www.today.az/news/regions/184687.html World news Sun, 21 Jul 2019 12:26:00 +0400 Trend:Soyuz-FG medium-lift launch vehicle with the Soyuz MS-13 manned spacecraft launched from Baikonur Cosmodrome, Trend reports citing TASS.The rocket blasted off from Launch Pad No.1 (the same pad Yuri Gagarin used on humanity’s first space flight in 1961) at 19.28 Moscow Time. Roscosmos cosmonaut Alexander Skvortsov, astronauts Luca Parmitano of the European Space Agency and Drew Morgan of NASA headed to the International Space Station (ISS)."The spacecraft did separate in a scheduled mode," the Roscosmos representative said."According to telemetry information, the spacecraft’s solar panels are open. External arrays fully deployed," said the commentator at the Mission Control Center.According to telemetry, parameters of the spacecraft’s orbit are as it was planned.The rocket will fly to the ISS in accordance with the six-hour plan, which means four spins around the globe. The spacecraft is scheduled to dock to the ISS at 01.50 Moscow Time on Sunday.The new crew will be working aboard the ISS for 201 days. During the space expedition, first astronaut of the United Arab Emirates Hazza al-Mansouri will travel to the orbital outpost where he will stay for about a week, after which he will return to Earth together with the crew of the Soyuz MS-12 spacecraft. Currently, Russian cosmonaut Alexei Ovchinin and NASA astronauts Nick Hague and Christina Koch are staying on the space station.Overall, the ISS-60/61 expedition crewmembers are set to carry out almost 50 applied research experiments, five of which will be conducted in an autonomous mode, without the crew’s participation.The cosmonauts and astronauts will also handle Progress MS resupply ships and a Soyuz MS-14 spacecraft that will be launched in its crewless version, and also the android robot Fedor. XV Summer European Youth Olympic Festival kicked off in Baku today http://www.today.az/news/sports/184688.html Sports Sun, 21 Jul 2019 12:08:00 +0400 Trend:XV Summer European Youth Olympic Festival is started in Baku today, on July 21, Trend reports.The festival will be held at 12 sports facilities July 21-27.The XV Summer European Youth Olympic Festival started with tennis competitions held at the Baku Tennis Academy.The festival will be attended by 3,900 athletes from 48 European countries. 52 percent of the participants are males, and 48 ??percent are females. Athletes will compete for 135 sets of medals. A total of 930 medals are prepared for the winners, including 300 gold, 300 silver and 330 bronze medals.122 athletes will represent Azerbaijan at the festival.Athletes will compete in ten kinds of sports - gymnastics, athletics, basketball, cycling, handball, judo, swimming, tennis, volleyball and wrestling.In each of these sports, Azerbaijan will be represented by 18 athletes. In addition, 12 athletes in judo, 4 athletes in rhythmic gymnastics, 6 in cycling, 4 in tennis and 6 in swimming will compete for medals. In team sports, 12 athletes are included in each of the country’s volleyball and basketball teams. Each men’s and women’s handball team includes 30 players.More than 2,500 volunteers will be involved in the festival. Rosatom talks about second stage of construction of NPP in Uzbekistan http://www.today.az/news/regions/184684.html World news Sun, 21 Jul 2019 11:51:00 +0400 Trend:In June 2019, the second stage of engineering surveys on the construction of the first nuclear power plant in Uzbekistan was launched, a source from Rosatom told Trend in an interview."At the moment, a very important stage is undergoing, which includes engineering surveys at a priority site near Lake Tuzkan of Aydar-Arnasay lakes system in the Jizzakh region. The site was determined following the results of the first stage of work," the spokesperson said.Engineering and survey work at the site of the future NPP will last 18 months. "Within this stage, all the necessary initial data for the development of project documentation will be obtained," the source stated.In particular, it concerns the data on the seismicity of the power plant site, the characteristics of the soil, the annual temperature cycle, precipitation and other characteristics. According to the source, all these data together will form the basis for the development of project documentation and optimal requirements for equipment to be installed at NPP.A source from Rosatom stressed that, as practice in other countries shows, investments in the construction of nuclear power plants have a positive effect on the country's GDP, not only due to the direct impact of the project like revenues of local suppliers, but also due to the growth in orders from related industries: suppliers of materials, construction equipment and other services."If we speak in figures, then $1 invested in NPPs under the Rosatom project may bring $1.9 to local suppliers and more than $4 for a country's GDP," the source added.At the same time, investments in nuclear energy will allow the country not only to solve the issues of stable energy supply, but also to expand non-energy areas including nuclear medicine, water purification and other nuclear innovations that work to improve the quality of life of the population and social development, the spokesperson noted.Last year, On September 7, 2018 the prime ministers of Russia and Uzbekistan signed an intergovernmental agreement on cooperation in the construction of a nuclear power plant in Uzbekistan under the Russian project.The project involves the construction of two power units with VVER-1200 type reactors.Earlier, Trend reported that Rosatom began the second stage of construction of NPP in Uzbekistan. Tennis competitions kicked off at XV Summer European Youth Olympic Festival http://www.today.az/news/sports/184683.html Sports Sun, 21 Jul 2019 11:32:00 +0400 Trend:The tennis competitions of the 15th Summer European Youth Olympic Festival started at the Baku Tennis Academy. Boys and girls will compete in singles and doubles, Trendreports on July 21.Azerbaijan in tennis competitions is represented by Alina Guseynova, Polina Drobishova, Kanan Gasimov, Tamerlan Azizov.Tennis players born from January 1, 2004 to December 31, 2005 take part in the Summer European Youth Olympic Festival "Baku-2019".In the singles category, Hanne Vandevinkel (Belgium) competes with Maya Basalel (Israel), Petzha Drame (Slovenia) with Andrea Pineda (United Kingdom), Melis Senli (Turkey) with Vesa Gzhinaj (Kosovo), Bidni Yehonatan (Israel) with Barton Ginek (Czech Republic ), Mariya Sholokova (Russia) with Suana Tudzhakovich (Bosnia and Herzegovina). FAW Toyota Motor sales increase 6 pct in H1 http://www.today.az/news/regions/184682.html World news Sun, 21 Jul 2019 11:14:00 +0400 Trend:Tianjin FAW Toyota Motor Co. said its auto sales in the first half of this year grew 6 percent year on year to 380,000 units, Trend reports citing Xinhua.A total of 69,000 automobiles were sold last month, up 16 percent compared with June 2018.The company said that H1 orders for its latest model Avalon and small SUV Izoa, as well as sales of Corolla, RAV4 and Prado vehicles, exceeded expectations.To date, the company has sold more than 7 million vehicles, with sales revenue exceeding 1 trillion yuan (145.3 billion U.S. dollars). Competition schedule of Day 1 of XV Summer European Youth Olympic Festival http://www.today.az/news/sports/184681.html Sports Sun, 21 Jul 2019 10:55:00 +0400 Trend:Today, on July 21, another significant competition - XV Summer European Youth Olympic Festival - starts in Azerbaijan, Trend reports.The games will begin today at 9:00 (GMT +4).On the first day of the festival, competitions are scheduled to be held in two sports - tennis and wrestling.The first tournament will be held at the Baku Tennis Academy. Four of Azerbaijani athletes will take part in the tournament - two men and two women.Tennis (individual games)09:00 - 17:00Alina Huseynova, Polina Drobishova, Kanan Gasimov, Tamerlan Azizov.On the first day of the competition, four Azerbaijani athletes will also join the fight. Four Azerbaijani wrestlers will compete for prizes in the Sports Palace named after Heydar Aliyev.Wrestling (preliminary round)10:30 - 13:30Freestyle wrestling: Murad Hagverdiyev (45 kilograms), Abulfaz Nasirov (55 kilograms);Greco-Roman wrestling: Farid Sadikhli (45 kilograms), Nihat Mammadli (55 kilograms).Wrestling (final round)16:00 - 17:30Thus, on the first day of the tournament, 4 sets of medals will be rewarded.The festival is being held at 12 sports facilities July 21-27.As many as 3,900 athletes from 48 European countries are taking part in the festival. 52 percent of the participants are males, and 48 ??percent are females. Athletes are competing for 135 sets of medals. A total of 930 medals are prepared for the winners, including 300 gold, 300 silver and 330 bronze medals.As many as 122 athletes represent Azerbaijan at the festival.Athletes compete in ten kinds of sports - gymnastics, athletics, basketball, cycling, handball, judo, swimming, tennis, volleyball and wrestling. Armenian armed forces fire at Azerbaijani positions with large-caliber machine guns and sniper ... http://www.today.az/news/politics/184680.html Politics Sun, 21 Jul 2019 10:37:00 +0400 Trend:Units of the Armenian armed forces violated the cease-fire in different directions of the front 17 times within 24 hours, using large-caliber machine guns and sniper rifles, Trendreports referring to the press service of the Azerbaijani Ministry of Defense.The conflict between the two South Caucasus countries began in 1988 when Armenia made territorial claims against Azerbaijan. As a result of the ensuing war, in 1992 Armenian armed forces occupied 20 percent of Azerbaijan, including the Nagorno-Karabakh region and seven surrounding districts.The 1994 ceasefire agreement was followed by peace negotiations. Armenia has not yet implemented four UN Security Council resolutions on withdrawal of its armed forces from Nagorno-Karabakh and the surrounding districts. XV Summer European Youth Olympic Festival starting in Baku today http://www.today.az/news/sports/184679.html Sports Sun, 21 Jul 2019 10:19:00 +0400 Trend:XV Summer European Youth Olympic Festival is starting in Baku today, on July 21, Trend reports.The festival will be held at 12 sports facilities July 21-27.The festival will be attended by 3,900 athletes from 48 European countries. 52 percent of the participants are males, and 48 ??percent are females. Athletes will compete for 135 sets of medals. A total of 930 medals are prepared for the winners, including 300 gold, 300 silver and 330 bronze medals.122 athletes will represent Azerbaijan at the festival.Athletes will compete in ten kinds of sports - gymnastics, athletics, basketball, cycling, handball, judo, swimming, tennis, volleyball and wrestling.In each of these sports, Azerbaijan will be represented by 18 athletes. In addition, 12 athletes in judo, 4 athletes in rhythmic gymnastics, 6 in cycling, 4 in tennis and 6 in swimming will compete for medals. In team sports, 12 athletes are included in each of the country’s volleyball and basketball teams. Each men’s and women’s handball team includes 30 players.More than 2,500 volunteers will be involved in the festival. Concessional loans to support 215 investments projects http://www.today.az/news/business/184678.html Business Sun, 21 Jul 2019 10:00:00 +0400 By AzernewsBy Mirsaid IbrahimzadeThe government provided businesses with preferential loans in the amount of 33.7 million manats ($19.82 million) in first four months of 2019. Concessional loans were provided for the implementation of 215 investment projects worth 145.7 million manats ($85.7 million) to support entrepreneurs in Baku and surrounding villages in general.A working forum organized by the ministries of economy and agriculture was held on July 18 gave detailed information to entrepreneurs about the mechanism for obtaining concessional loans from the Entrepreneurship Development Fund under the Ministry of Economy. Concessional loans that have more favorable terms and conditions than those offered by the commercial finance market and government issues them to achieve relevant government policies.Presentations were held on introductory projects of creating farms for growing olives, saffron, grapes, almonds, logistics centers in Absheron region, with the purpose of developing its economic potential.Within the framework of the event, Sahib Mammadov, Deputy Minister of Economy informed the participants about the measures which state takes to support the development of the private sector and emphasized the work of the Entrepreneurship Development Fund for the development of the private sector, noting the expansion of business activities in the regions and surrounding settlements of Baku.This year, 573 businessmen received concessional loans worth 52 million manats ($30.58 million) for the implementation of investment projects with potential to create 2,000 job places and a total cost of 183 million manats ($107.64 million).Addressing the working forum, Ilham Guliyev, Deputy Minister of Agriculture spoke about the measures taken to develop the agricultural sector, the role of entrepreneurship in this sphere and financial incentives for entrepreneurs.As a part of the working forum, 15 entrepreneurs working in the territory of the Absheron economic region received concessional loans worth 2.5 million manats ($1.47 million) from the Entrepreneurship Development Fund. The development of livestock breeding, horticulture, viticulture, the production of dried fruits, bread and other business segments will be fed by these loans.Currently, the fund considers it expedient to credit projects: rural tourism; creating farms of gardening, tobacco growing, beekeeping, including the production of honey by an industrial method; creation of productions for processing hazelnuts and tobacco drying chambers.Taking into account that small and medium-sized businesses are highly involved in activities counted above, development of these businesses leads to the growth of entrepreneurship, which is one of the priority directions of Azerbaijan’s economic policy.On August 1, 2018, President Ilham Aliyev signed a decree "On improving the mechanism of state support for the development of entrepreneurship." According to the decree, the National Fund for the Support of Entrepreneurship (NFSE) was liquidated. Instead, an Entrepreneurship Development Fund (SIF) has been established at the Ministry of Economy. The authorized capital of the new fund is set at 1.94 billion manats ($1.14 billion).In this period, concessional loans totalling 677.6 million manats ($398.58 million) including loans allocated at the current forum were issued for the implementation of more than 2,700 investment projects of business entities in the Absheron economic region. Azerbaijani minister: “Most basic task assigned by Supreme Commander-in-Chief - high combat ... http://www.today.az/news/politics/184677.html Politics Sat, 20 Jul 2019 18:22:00 +0400 Trend:An official meeting under the leadership of Azerbaijan’s minister of defense, Colonel General Zakir Hasanov and with the participation of deputy defense ministers, commanders of types of troops, chiefs of main departments, departments and services of the ministry, as well as commanders of army corps, formations, stationed in frontline zone and other officials involved via the video communication was held at the Central Command Post on July 20, Trend reports referring to the press service of the Azerbaijani Defense Ministry.The minister of defense shared with the meeting participants his visions of an even more efficient and high-quality organization of combat training sessions in the types of troops, army corps, formations and military units in accordance with directives and instructions, careful study and observance of the guidance documents, as well as other events aimed at improving professionalism in our army until the end of the year.Hasanov noted that, according to the instructions of the country’s president, several military facilities will be commissioned by the end of the year to increase combat and moral-psychological training as well as improve the social conditions of the military personnel of the Azerbaijani army, in particular, units deployed in the frontline zone.The minister stressing that work in this sphere will continue in the future gave relevant instructions to the officials regarding the implementation of this work following modern requirements.The minister of defense demanded to ensure covert and continuous control of troops and gave instructions to provide strict control over the operational situation on the line of contact of troops, to organize combat training effectively, to strengthen ideological work and moral-psychological support, as well as to solve other service issues.The minister taking into account the weather conditions also gave instructions concerning the focusing on the state of health of the military personnel and the adoption of fire safety measures in military units.At the end of the meeting, the minister of defense conveyed to the participants his orders and requirements in regard with increasing vigilance and ensuring the safety of military personnel, strengthening intelligence activities to ensure readiness for any provocations of the Armenian side and taking adequate retaliatory measures against the enemy. Ilham Aliyev awards winning athletes of Azerbaijan at 30th World Summer Universiade http://www.today.az/news/politics/184676.html Politics Sat, 20 Jul 2019 18:08:00 +0400 Trend:Azerbaijani President Ilham Aliyev has signed an order on awarding winning athletes of Azerbaijan at 30th World Summer Universiade held in Naples and their coaches.Pursuant to Section 32 of Article 109 of the Constitution of Azerbaijan, Ilham Aliyev ordered to define the amount of rewards for the athletes of Azerbaijan who showed the best results at the 30th World Summer Universiade held in Naples, Italian Republic, as well as their coaches as below:1.1. each athlete who won the first place – 50,000 manats, his or her coach – 25,000 manats;1.2. each athlete who took the second place – 30,000 manats, his or her coach – 15,000 manats;1.3. each athlete who took the third place – 20,000 manats, his or her coach – 10,000 manats;1.4. senior coaches of national teams - in the amount awarded to the coach whose athlete showed the best result;The Cabinet of Ministers of Azerbaijan should resolve the issues arising from the order. Prices of 24 foreign currencies increase in Iran http://www.today.az/news/regions/184675.html World news Sat, 20 Jul 2019 17:52:00 +0400 Trend:The prices of 24 foreign currencies have increased, while the prices of 14 other currencies have decreased in Iran, according to the official state exchange rate of the country, Trend reports on July 20 referring to the website of the Central Bank of Iran (CBI).According to CBI, $1 equals to 42,000 Iranian rials and 1 euro equals to 47,303 rials.Foreign currenciesIranian rial1 US dollarUSD42,0001 British poundGBP52,5061 Swiss francCHF42,7811 Swedish kronaSEK4,4771 Norwegian kroneNOK4,9001 Danish kroneDKK6,3121 Indian rupeeINR6101 UAE dirhamAED11,4371 Kuwaiti dinarKWD137,934100 Pakistani rupeesPKR26,257100 Japanese yensJPY38,9931 Hong Kong dollarHKD5,3791 Omani rialOMR109,2351 Canadian dollarCAD32,1331 New Zealand dollarNZD28,4051 South African randZAR3,0141 Turkish liraTRY7,4301 Russian rubleRUB6671 Qatari riyalQAR11,539100 Iraq dinarsIQD3,5291 Syrian poundSYP821 Australian dollarAUD29,5711 Saudi riyalSAR11,2011 Bahraini dinarBHD111,7041 Singapore dollarSGD30,873100 Bangladeshi takasBDT49,71910 Sri Lankan rupeesLKR2,3901 Myanmar kyatMMK28100 Nepalese rupeesNPR37,9041 Libyan dinarLYD30,0231 Chinese yuanCNY6,1041 Malaysian ringgitMYR136,355100 Thai bahtsTHB10,2161,000 South Korean wonsKRW35,7161 Jordanian dinarJOD59,2401 euroEUR47,303100 Kazakh tengesKZT10,9601 Georgian lariGEL14,5951,000 Indonesian rupiahsIDR 10003,0171 Afghan afghaniAFN5251 Belarus rubleBYN20,7391 Azerbaijani manatAZN24,707100 Philippine pesosPHP82,1811 Tajik somoniTJS4,4501 Venezuelan bolivarVEF4,2061 New Turkmen manatTMT11,967In Iran, the official exchange rate is used for the import of some essential products.The SANA system is a system introduced by the Central Bank of Iran to the currency exchange offices, where the price of 1 euro is 134,811 rials, and the price of $1 is 118,550 rials.NIMA is a system intended for the sale of a certain percentage of the foreign currency gained from export. The price of 1 euro in this system is 131,132 rials, and the price of $1 is 116,919 rials.In the black market, $1 is worth about 113,000-116,000 rials, while 1 euro is worth about 133,000-136,000 rials. Record repo transaction registered in Azerbaijan http://www.today.az/news/business/184674.html Business Sat, 20 Jul 2019 17:34:00 +0400 Trend:A repo (repurchase agreement) transaction worth 78.6 million manats was conducted on the trading platform of the Baku Stock Exchange (BSE) on July 15 this year, Trendreports with reference to the BSE.This is a record amount on transactions for the day since 2014, according to the message.The volume of repo transactions in January-June this year amounted to 437.8 million manats.Growth in repo transactions has been observed over the past two years. So, if in the first half of 2017, the volume of such transactions amounted to 11.6 million manats, in the first six months of 2018, this figure rose to 466.2 million manats.The government bonds issued by the Ministry of Finance of Azerbaijan are in high demand as a repo subject. Repo transactions also are concluded on notes of the Central Bank of Azerbaijan (CBA) and corporate bonds.In the first half of this year, the cost of government bonds amounted to 60.7 percent (265.7 million manats), CBA notes - for 37.7 percent (165.2 million manats), SOCAR bonds - for 1.6 percent ($4.1 million).($1= 1.7 manats on July 20)