Azerbaijan: Ilham Aliyev allocates funding for construction of road in Oghuz

Azerbaijani President Ilham Aliyev has signed an order to provide funds for the construction of Bujag-Mukhas-Bash Dashagil road in Oghuz region.

Under the presidential order, the Azerbaijan Highway State Agency is allocated 9.4 million manats for the construction of the road connecting four residential areas with a total population of 4,000 people. (AzerNews/Business World Magazine)

Ukraine: inflation up in August 2018

Inflation in Ukraine in August in annual terms, compared to August 2017, was recorded at 9%, accelerating from 8.9% a month earlier. At the same time, prices did not increase against July after a negative trend at -0.7% July to June, the State Statistics Service reported. Compared to December 2017, prices increased by 3.6%. According…


Ukraine: Ukrzaliznytsia to sustain no losses from cessation of rail services with Russia

Ukrainian Infrastructure Minister Volodymyr Omelyan has said that PJSC Ukrzaliznytsia will not sustain financial losses in the event of termination of railway services with Russia. “These eight trains, which now run in the Russian direction, could have become a significant relief for Ukrainian citizens who want to travel inside the country. They would generate at…


Ukraine: domestic gas production increase guarantee of energy independence

Ukrainian President Petro Poroshenko congratulated workers of the oil, gas and oil refining industry on their professional holiday on September 9. The letter of congratulations was posted on the website of the head of state. “I sincerely congratulate you on your professional holiday. Increasing our own extraction of hydrocarbons and production of high-quality fuel, efficient…