Russia’s Defence Ministry on Tuesday said it had rejected a string of “unacceptable” austerity measures proposed by the Finance Ministry that would cut some 100,000 troops.

• October 21, 2020

OPEC and allied producers on Monday pledged action to support the oil market as concerns mounted that a second wave of the COVID-19 pandemic will hobble demand and an earlier plan to raise output from next year would further depress prices.

• October 21, 2020

Turkey stands to lose more than most other countries if Joe Biden is elected president since he is expected to toughen the U.S. stance against President Tayyip Erdogan’s foreign military interventions and closer cooperation with Russia.

• October 21, 2020

Russia said on Wednesday it hoped to resolve its differences with the United States on extending a key nuclear arms control treaty, amid signs that the gap between the two sides is narrowing.

• October 21, 2020

By Elkhan Nuriyev, PhD, Eastern Europe-Global Area (EEGA) fellow at Leipzig University

The ongoing escalation of Armenian-Azerbaijani conflict in Nagorno-Karabakh is a most serious and significant one - just not surprising at all. This is mainly due to the lack of tangible progress in the OSCE Minsk Group-led peace talks between the two sides, which have been held since 1994. The absence of substantive negotiations over de-occupation of Azerbaijani territories, return of internally-displaced persons to the regions of their origin, the unblocking of transport, economic and other communications with Armenia has fueled strong skepticism about peaceful conflict resolution. Back in the summer it was evident that the smell of a new war had already hung heavily over the conflict-torn area. READ MORE

• October 7, 2020

Russian Foreign Minister Sergei Lavrov and his Iranian counterpart Mohammad Javad Zarif talked by phone on Friday and expressed concern over the involvement of Syrian and Libyan fighters in the Nagorno-Karabakh conflict, Russia’s foreign ministry said.

• October 2, 2020

Oil prices fell 3% on Friday after U.S. President Donald Trump tested positive for COVID-19, roiling risky assets, and as rising global crude output threatens to overwhelm the market’s weak recovery.

• October 2, 2020

By Khayal Iskandarov Ibrahim, Rashad Tahirov Kamal, PhD in philology, associate professor Sadi Sadiyev Saleh

Another escalation in Nagorno-Karabakh in early morning on September 27, 2020 brought Armenian-Azerbaijani conflict once again to the focus of world community. Approximately 30 years have elapsed since this conflict was initiated. However, there has not been any substantial progress in the efforts to solve the problem. The prominent political figures in Armenia, who more or less understood the consequences of their actions and endeavored to solve the problem, were either ousted or assassinated. READ MORE.

• October 1, 2020