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GM Uzbekistan starts Chevrolet Aveo production

GM Uzbekistan starts Chevrolet Aveo production

GM Uzbekistan, the former UzDaewooAuto, started the serial production of third-generation Nexia cars, Uzavtoprom (Uzbek Association of Automotive Industry Enterprises) said, Trend reports. The new model is produced on the basis of T-250 (Chevrolet Aveo) platform. The cars will be sold under the Ravon Nexia R3 brand for export and under the Chevrolet Nexia brand […]

Turkey and Russia can work together, Turkish FM says

Turkey and Russia can work together, Turkish FM says

Mevlut Cavusoglu, Foreign Minister of Turkey proposed to establish a joint working group with Russia to restore relations on May 30. He told journalists, “Russian President Vladimir Putin said he wants to restore ties and expects us to take steps. We also seek normalization. We suggest creating a joint working group so that these steps […]

Top 7 saving countries in Asia

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 […]

South Ossetia delays referendum on joining Russia

South Ossetia delays referendum on joining Russia

South Ossetia, the breakaway region of Georgia, announced that the referendum on joining Russia will be conducted in 2017, instead of, in August this year. According to the announcement, the referendum is planned to be held after the presidential elections in South Ossetia. Recently Leonid Tibilov, the head of the breakaway region, told that “We plan to […]

Putin says Russia ready to restore relations with Turkey

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 […]

Will ‘Made in India’ replace ‘Made in China?’

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 […]

‘Speech Crisis’ between Kazakhstan and Kyrgyzstan

‘Speech Crisis’ between Kazakhstan and Kyrgyzstan

Foreign Ministry of Kyrgyzstan has summoned a Kazakh diplomat after Arystanbek Mukhamediuly, Culture and Sports Minister of Kazakhstan said he felt sorry for Kyrgyz girls having to clean public toilets in Moscow, Reuters reports. Mukhamediuly said in a speech, “When I go to Moscow, it is painful for me to see how young Kyrgyz girls […]

3000 Russian citizens joined terrorist groups

3000 Russian citizens joined terrorist groups

Around 3,000 Russian citizens joined international terrorist organizations, first deputy chairman of the National Anti-Terrorist Committee (NAC) Yevgeny Ilin said on May 25. TASS reports. “There is data on almost 3,000 Russians that supported the extremist ideology and went abroad to join international terrorist organizations,” he said. He told that generally participants are from Northern […]

Uzbekistan and Azerbaijan top leaders among world’s tea lovers

Uzbekistan and Azerbaijan top leaders among world’s tea lovers

Euromonitor International released a research about tea and coffee consumption in the world. According to data, the absolute majority of Uzbekistan and Azerbaijan prefer to drink tea. Uzbekistan became the leader among tea lover countries as statistics ranked 99.6% of the country’s joint drink (tea and coffee) consumption. Azerbaijan has 99.1% in the same list. […]

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