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South Caucasus News

Accounting Chamber submits proposals to SOFAR


The Accounting Chamber put forward an opinion on budget implementation of the State Oil Fund (SOFAR) for 2023. The document is posted on the Chamber’s website.

Besides, the organization made a number of proposals. The Chamber believes that SOCAR should strengthen coordination with the state oil company (SOCAR) and the…


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South Caucasus News

Azerbaijan’s Hydrocarbon Revenues: A Deceptive Boom in 2023


In 2023, Azerbaijan reported a net income of 14 billion 519 million manats ($8 billion 540.6 million) from the sale of hydrocarbons, according to the Accounting Chamber’s report titled “Audit of the formation and use of funds of the State Oil Fund in the main directions.” This report, stemming from…


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South Caucasus News

France facing hung parliament after shock election result


TEHRAN, Jul. 08 (MNA) – National Rally has come third in the second round of voting in France’s parliamentary election, according to exit polls.

Categories
South Caucasus News

N Korea calls S Korea’s live-fire drills ‘suicidal hysteria’


TEHRAN, Jul. 08 (MNA) – The powerful sister of North Korean leader Kim Jong Un called South Korea’s recent front-line live-fire drills “suicidal hysteria” as she warned unspecified military steps on Monday if further provoked.

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South Caucasus News

CENTCOM claims US, partner forces destroy 4 Yemeni drones


TEHRAN, Jul. 08 (MNA) – US Central Command (CENTCOM) has claimed that American troops and their partner forces have destroyed four drones belonging to Yemen’s armed forces.

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South Caucasus News

Hungarian PM supports China’s peace plan for Ukraine


TEHRAN, Jul. 08 (MNA) – Hungary supports China’s plan on settling the Ukrainian conflict, Hungarian Prime Minister Viktor Orban said at a meeting with Chinese leader Xi Jinping in Beijing.

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South Caucasus News

Kenyan Concert Honors Victims of Tax Hike Protests with Tribute


A concert in Kenya is set to honor the memory of at least 39 people who lost their lives during recent protests against proposed tax increases.  

The demonstrations, which began last month, erupted in response to government plans to raise taxes, triggering widespread unrest across various cities. Protesters clashed with security forces, leading to tragic fatalities and injuries. 

The concert, organized by local activists and artists, aims to commemorate the lives lost and advocate for peaceful resolution. It is scheduled to feature performances by renowned musicians and speakers calling for justice and societal change.  

Amid ongoing tensions, the event seeks to foster unity and resilience within the community, emphasizing the importance of dialogue and reconciliation in addressing national concerns. 


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South Caucasus News

NPR News: 07-08-2024 4AM EDT


NPR News: 07-08-2024 4AM EDT

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Categories
South Caucasus News

President Ilham Aliyev approves co-op agreement signed with Türkiye – Trend News Agency


President Ilham Aliyev approves co-op agreement signed with Türkiye  Trend News Agency

Categories
South Caucasus News

Xi says China, Azerbaijan upgrade bilateral relations to strategic partnership – The State Council of the People’s Republic of China


Xi says China, Azerbaijan upgrade bilateral relations to strategic partnership  The State Council of the People’s Republic of China