US businessman and billionaire Elon Musk has posted a twit assuming the possibility of buying the bankrupt Silicon Valley Bank (SVB), APA reports citing TASS. “I think Twitter should buy SVB and become a digital bank,” one of the users tweeted. “I’m open to the idea,” Musk replied in a comment. On Friday, […]
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 down from its peak in […]
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. 2022 saw the surge […]
Azerbaijan must be supported in its environmental case against Armenia – Israeli ex-minister
BAKU, Azerbaijan, March 6. We must support Azerbaijan in its righteous cause in filing an arbitration case against Armenia under the Energy Charter Treaty, Ayoob Kara, an Israeli politician, former minister of communications, said, Trend reports, citing an article in The Jewish Press, American weekly newspaper based in Brooklyn, New York. “As international law clearly demonstrates, Armenia breached […]
China’s 2023 defense budget to rise by 7.2 pct, remaining single-digit for 8th year
China’s annual defense budget will remain single-digit growth for the eighth year in a row, with an increase of 7.2 percent in 2023, according to a draft budget on Sunday, Xinhua reports. The world’s second largest economy’s planned defense spending will be 1.5537 trillion yuan (about 224.79 billion U.S. dollars) this year, read the […]
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 Armenian side made an attempt […]