Category: Industry

FAO Food Price Index declines for 11th consecutive month

The benchmark index of international food commodity prices declined in February for the eleventh consecutive month, albeit only marginally, the Food and Agriculture Organization of the United Nations (FAO) reported today. The FAO Food Price Index averaged 129.8 points in February, a marginal 0.6-percent decrease from January but 18.7 percent

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Oil prices drop in world markets

The world markets have seen a decline in oil prices.   The Brent crude oil price on the London ICE (InterContinental Exchange Futures) fell $0.58 to trade at $85.25, while the price of the Light crude oil at the NYMEX (New York Mercantile Exchange) decreased $0.54 to stand at $79.14.

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Azerbaijan’s non-oil exports increase by 36.6 percent

The export of non-oil products in Azerbaijan amounted to $651.42 million in January-February this year, up by 36.6 percent year-over-year, according to the Azerbaijan Export and İnvestment Promotion Agency (AZPROMO).   The non-oil export in February alone stood at $366.92 million, up by 50 percent growth from a year ago.

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Azerbaijani Ombudsman comments on today’s provocation by Armenia

BAKU, Azerbaijan, March 5. Commissioner for Human Rights (Ombudsman) of the Republic of Azerbaijan Sabina Aliyeva commented on today’s military provocation committed by the Armenian side on the Khankendi-Khalfali-Turshsu road in the Karabakh economic region of Azerbaijan, the office of the Ombudsman told Trend. “This morning, along the dirt road Khankendi-Khalfali-Turshsu, the

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Natural gas price edge up at NYMEX

The natural gas price at the NYMEX (New York Mercantile Exchange) has climbed by 0.24 US dollars or 8.82% towards USD 3.01 per 1 million BTU (British thermal unit).   Source: Azerbaijan State News Agency

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Armed attack on cash collectors, one dead /UPDATED/

On Saturday at 12:30, a criminal armed with a machine gun attacked cash collectors in front of the BRAVO hypermarket in the Khatai district of Baku. As a result of the attack, one of the collectors was killed by machine gun shots, and the second was wounded, the press service

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