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South Caucasus News

President Aliyev Rejects Armenia’s Unusual Peace Proposal, Calls It Unrealistic – Caspian News


President Aliyev Rejects Armenia’s Unusual Peace Proposal, Calls It Unrealistic  Caspian News

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South Caucasus News

President Aliyev Rejects Armenia’s Unusual Peace Proposal, Calls It Unrealistic – Caspian News


President Aliyev Rejects Armenia’s Unusual Peace Proposal, Calls It Unrealistic  Caspian News

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South Caucasus News

President Aliyev Rejects Armenia’s Unusual Peace Proposal, Calls It Unrealistic – Caspian News


President Aliyev Rejects Armenia’s Unusual Peace Proposal, Calls It Unrealistic  Caspian News

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South Caucasus News

Russia has requested electricity from Georgia in case of necessity


Russia requests electricity from Georgia

Russia has asked Georgia and Azerbaijan for electricity supplies in case of an emergency. This was reported by Alexandra Panina, a board member of Inter RAO, at the Russian tariff conference on October 15.

Russia is requesting each country to ensure the supply of 300 MW of electricity if necessary.

“Yes, we have asked two countries — Georgia and Azerbaijan — about the possibility of supplying electricity. We are exploring import options and have reached out to the two neighboring power systems with a request to provide energy resources in case of emergencies. If an emergency situation occurs, we will contact the two power systems — Georgia and Azerbaijan — at the request of the system operator, asking them to be ready to supply 300 MW of electricity each,” Panina said.

According to her, the company has not yet received a response from Georgia and Azerbaijan.

As reported by the Russian state media TASS, Panina clarified that the Russian Federation will try to manage the situation on its own and avoid importing electricity; however, in the event of an emergency, it will reach out to neighboring countries.


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South Caucasus News

Secret tomb discovered on territory of Petra


Archaeologists have discovered a secret tomb in the Al-Khazneh monument in Petra (Jordan), Azernews reports.

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South Caucasus News

Historic approval: Japan OKs Operation of 50-Year-old Nuclear Plant


The Japan Atomic Energy Regulatory Authority has approved the continuation of operation of the first power unit of the Takahama NPP (Fukui Prefecture), which will turn 50 in November 2024, Azernews reports.

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South Caucasus News

Abkhaz officials and deputies are seeking preferential loans from Russian banks, even though they are not entitled to them


Abkhaz officials want preferential loans

According to a leaked document, high-ranking officials and deputies in Abkhazia will receive preferential loans from Russian banks, even though this is illegal. The list, published by the Telegram channel “Abkhaz Portal,” includes the Vice President of the Republic, Badra Gumba, Prime Minister Alexander Ankvab, the Ministers of Economy and Justice, the head of one of the districts, three deputies, and the president’s son-in-law.

Russian banks approved the officials’ and deputies’ applications under a preferential loan program for Abkhaz entrepreneurs for 2022-2025. However, Abkhaz law prohibits officials and deputies from engaging in entrepreneurial activities.



According to sources from the “Abkhaz Portal,” the loans have been allocated as follows:

  • To deputies Timur Beiya and Alkhas Bartsits, and Minister of Justice Anri Bartsits for the construction of apartments in Sukhumi (approximately $12.5 million);
  • To Prime Minister Alexander Ankvab, Minister of Economy Kristina Ozgan, and Deputy Aslan Lakoba for the construction of a brewery in the city of Gudauta ($6.25 million) and a hotel in New Athos ($5.21 million);
  • To Vice President Badra Gumba for the construction of apartments in Sukhumi ($11.46 million);
  • To the head of the administration of the Gali district, Konstantin Piliya, and the president’s son-in-law, Omar Avidzba, for the construction of apartments ($12.5 million);
  • To Deputy Alisa Gularia for the construction of a hotel in the Gagra district ($5.21 million).

This information was made public as early as October 11, but as of now, five days later, only one person from the controversial list, Timur Beiya, has issued an official denial, stating that he has not received any loans, has not submitted any applications, and had no intention of doing so.

According to one of the opposition leaders, Adgur Ardzinba, he is not surprised at all, since obtaining preferential loans “fits perfectly within the logic of the [Abkhaz] authorities’ behavior and their usual course of action.”

He explained that the program to support Abkhaz entrepreneurs was approved in 2015 by Russian President Vladimir Putin at the request of the then leader of Abkhazia, Raul Khajimba. Ardzinba, who at the time held the position of Minister of Economy, was tasked with overseeing this initiative.

“I want to emphasize that all processes related to business lending were conducted under unprecedentedly transparent conditions. A special open commission was created, and all of its meetings were held in the presence of journalists. Moreover, information about all entrepreneurs who were selected was openly published, with the names of the founders provided. Naturally, the idea that any officials or deputies might consider taking a portion of these funds for themselves was out of the question,” Ardzinba stated.

In his opinion, the current authorities display a “disrespectful and rude” attitude toward their people and keep all processes related to the distribution of loans secret.

To those who found their names in the published lists and believe they have been slandered, the opposition leader recommends helping to release the official list of participants in the loan program.


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South Caucasus News

Iran, Azerbaijan Discuss Expansion of Bilateral Ties – Caspian News


Iran, Azerbaijan Discuss Expansion of Bilateral Ties  Caspian News

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South Caucasus News

Pashinyan, the collaborator that Armenia’s enemies have longed for – Armenian Weekly


Pashinyan, the collaborator that Armenia’s enemies have longed for  Armenian Weekly

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South Caucasus News

Pashinyan, the collaborator that Armenia’s enemies have longed for – Armenian Weekly


Pashinyan, the collaborator that Armenia’s enemies have longed for  Armenian Weekly