Top 7 saving countries in Asia
Seven Asian states are the best saving countries in the world with gross national saving, a measure that accounts for both private and public savings according to the data from the International Monetary Fund (IMF), reports Business Asia One. According to the data, China saves the most money in absolute terms, an estimated $9.25 trillion […]
Putin says Russia ready to restore relations with Turkey
Russian President Vladimir Putin stated that Moscow is ready to normalize relations with Turkey, but the first step should come from Ankara. During the visit to Greece, Russian leader told that it is still unclear why Turkey downed Russian Su-24 aircraft. According to him, Moscow wants to restore relations, “We have done everything to bring […]
Taxation must be applied to offshore, Nazarbayev says
Astana, the capital of Kazakhstan hosted the economic and political event, Astana Economic Forum on May 25-26. The theme of the forum is “New economic reality: diversification, innovation and knowledge economy” and major economy experts, analysts, financial institutions, and organizations attended the program. During his speech, Nursultan Nazarbayev, the President of Kazakhstan voiced several key […]
Iranians consume 60 million liters of alcohol annually
Iranians spend about $216 million on alcoholic drinks and 60 million liters of alcohol is consumed in the country annually, Mohammad-Reza Qadirzadeh, the official of the Iranian Legal Medicine Organization (ILMO) said. He said, “Most of the alcoholic drinks made clandestinely and sold illegally, are found to contain harmful substances including drugs such as tramadol, […]
“Turkish people lost their hopes for EU”
Mr. Yusuf Cinar is the president of International Institute of Strategic Outlook, a Turkish think tank based in the city of Konya. He is one of the most prominent Turkish experts on terrorism and Middle Eastern politics. His book titled The Tamil Problem: Historical Progress, Conflict Process, And Solution is the first publication in Turkey, […]
Will ‘Made in India’ replace ‘Made in China?’
(People’s Daily Online) Indians like to call their country “Incredible India.” Now, another tagline, “Made in India,”is set to become an important label for this country after business magnates Terry Gou andTim Cook showed interest in moving their production plants to India. Last week, Cook, who is the CEO of Apple, mentioned that he is […]
98th Anniversary of the Republic of Azerbaijan is celebrated in Seoul
Embassy of Azerbaijan in Seoul organized a ceremony to celebrate the 98th anniversary of the Republic Day of Azerbaijan and the 24th anniversary of the establishment of diplomatic relations between Azerbaijan and South Korea. The ceremony was held in Millenium Seoul Hilton Hotel on May 24. All diplomatic representatives shared a great interest in the […]
Russia, China considers Iran’s accession to Shanghai Cooperation Organisation
Sergey Lavrov, Russian Foreign Minister talked about Iran’s possible accession to the Shanghai Cooperation Organization (SCO) at the session of the Council of Foreign Ministers, Russian presidential envoy for SCO Bakhtiyer Khakimov told journalists in Tashkent on May 24, TASS reports. “For instance, we will remind about Iran’s application and there is also an application […]
Caucasus countries ranked as cheapest places to live
Three major countries in the Caucasus region, Azerbaijan, Georgia and Armenia are ranked the cheapest countries to live. Time.com released statistics about 50 cheapest countries to live in the world by comparing their life standards. Azerbaijan is 23rd, Georgia is 29th and Armenia is ranked 42nd among these countries. Main information is given as: Azerbaijan […]
China, Uzbekistan vow to boost strategic partnership
Minister of Foreign Affairs of the Republic of Uzbekistan Abdulaziz Kamilov met with Minister of Foreign Affairs of China Wang Yi, who arrived in Tashkent, Uzbekistan for an official visit, on May 23. During the meeting, two sides exchanged views on topical issues of bilateral relations and prospects of their development to boost their strategic […]
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