World

JP Morgan Chase chief executive Jamie Dimon doubled down on his past criticisms of bitcoin today, declaring it a “fraud” and saying he would fire any trader known to be trading the cryptocurrency. Dimon gave the remarks during an appearance at an event hosted by Barclays, according to reports from Bloomberg and CNBC. …

Turkey will build an artificial island in the Black Sea off the coast of the Trabzon province as part of its industrial development program, the Turkish media cited the country’s Minister of Science, Industry and Technologies Faruk Ozlu as saying Sept. 11. The minister added that Turkey is interested in …

Currently under construction at an altitude of 2,640 meters, the 14.346-kilometer-long Mount Ovit Tunnel will be opened to traffic by the end of the year. Once completed, the tunnel will be the second longest twin tube road tunnel in the world and will connect İspir in northeastern Turkey’s Erzurum to …

HUAWEI CONNECT 2017 opened today at the Shanghai New International Expo Centre. More than 20,000 ICT industry leaders and experts gathered from over 150 countries and regions to jointly explore the direction of advancements in digital technology, share new opportunities, drive industry digitization, and embark on a path to new …

For the third year in a row, millennials who participated in the World Economic Forum’s Global Shapers Survey 2017 believe climate change is the most serious issue affecting the world today. Nearly half (48.8%) of the survey participants chose climate change as their top concern, and 78.1% said they would be willing …

Turkey, a brother nation and strategic ally of Azerbaijan, is creating a new system of money transfers, which will be launched for the first time to carry out transfers with Azerbaijan. The Turkish side is directly involved in the development of the money transfer system, while Azerbaijan provides advisory services …

From a simple bedroom project to a buzzing show that has doubled in size over three years and shows no signs of plateau: this has been our humbling journey so far; a roller coaster that has connected many entrepreneurs and gained a bit of respect from the elite of igaming. …

Azerbaijan intends to increase wine exports to China, Azerbaijan Export and Investment Promotion Foundation (AZPROMO) said on its website Friday. The issue of expanding cooperation between Azerbaijan and China in the area of wine trade was discussed at a meeting participated by local winemakers and the trade representative of Azerbaijan …

Armenia plans to kickoff the construction of a free economic zone in the southern town of Meghri on the border with Iran in November, economic development and investment minister Suren Karayan told journalists on Thursday. Earlier this month Suren Karayan and Iranian president’s advisor and secretary of free trade zones …

Senior government officials from across Asia and the Pacific will meet in Bangkok this week for the first-ever Asia-Pacific Ministerial Summit on the Environment. The high-level meeting is co-convened by the United Nations Economic and Social Commission for Asia and the Pacific (UN ESCAP) and UN Environment and is a …

The profitability of of the existing/ongoing projects comprising Southern Gas Corridor is independent from any third party gas suppliers, Trend learned from Azerbaijan’s Southern Gas Corridor CJSC. “Southern Gas Corridor is chain of interlinked projects comprising one value chain – the development of Shah Deniz gas and condensate field (the …

Construction of the Baku-Tbilisi-Kars railway will be completed in September, Ahmet Arslan, the minister of Transport, Maritime and Communications of Turkey, said in an interview with TRT Haber TV channel. According to the minister, the work is underway to complete the project on the territory of Georgia. Arslan said that, …