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Erdoğan to make ‘era-changing’ announcement as Turkey finds energy in Black Sea

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(Updates with reports from Bloomberg, Euronews)

Turkish President Recep Tayyip Erdoğan has said he will make an announcement on Friday that will mark the “beginning of a new era” for the country.

Erdoğan’s statement arrived during the opening ceremony of Turkey’s first domestic solar panel factory in capital Ankara on Wednesday.

“I am guessing that we will be faced with delivering good news to our entire nation on Friday,” T24 news site quoted Erdoğan as saying.  “I believe that the delivery of this good news will mark the beginning of a new era in Turkey.”

The Turkish president’s statements followed remarks on Ankara’s strategies in the east Mediterranean, where Turkey is locked in disputes with Greece and Cyprus over territorial waters – a conflict that has escalated in recent weeks with Turkey’s deployment of a search vessel in the contested waters.

“Turkey’s moves in the east Mediterranean are too strategic to be sacrificed for day-to-day politics,” Erdoğan said.

Bloomberg on Wednesday reported that Turkey had made an energy discovery in the Black Sea, most likely natural gas, citing two people with direct knowledge of the matter.

The size and depth of the discovery, and whether it will be feasible to extract it, remain unclear, Bloomberg said.

Last month, Turkey announced that drill ship Fatih had started exploration in the so-called Tuna-1 zone, located off Turkey’s western Black Sea coast.

Euronews Turkish, however, reported that Erdoğan is likely to make an announcement on a natural gas discovery in the eastern Mediterranean, in addition to vaccine for the deadly coronavirus.

Turkey has dispatched a third vessel, Kanuni, to the region, it said.

Turkish Twitter reacted to the president’s statements, taking guesses as to what Friday’s statement would be.

“Could there be a natural gas discovery in the Black Sea?” one Twitter user asked, echoing the estimation of a large number of social media users.

Journalist İbrahim Karagül referenced the 1920 Treaty of Sevres, which abolished the Ottoman Empire and obliged Turkey to renounce all rights over Arab Asia and North Africa.

“Just as we ripped and tossed away Sevres one century ago, today we will also refuse to bow down to the Sevres (treaty) wishing to be enforced on us in the eastern Mediterranean,” Karagül said.

Another user said Friday’s announcement would most likely be linked to Lausanne Treaty and Turkey’s sovereignty in the eastern Mediterranean.

Erdoğan has long called for a revision of the 1923 treaty, which fixed most of the borders of modern Turkey and guaranteed the rights of religious minorities in Turkey and Greece.

Armenian Aggression

South wind to blow in Baku

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By Laman Ismayilova

Changeable cloudy is expected in Baku on May 4. Mild south wind will blow. Rain is expected in some places in the second half of the day.

The temperature will be +11-13 °C at night, +18-21°C in the daytime on Absheron peninsula, the Ecology and Natural Resources Ministry reported.

In Baku, the temperature will be +11-13 °C at night, +18-20 °C in the daytime.

Atmospheric pressure will be 763 mm Hg. Relative humidity will make up 70-80 percent at night and 50-55 percent in the daytime.

Hail and rain are expected in the country's regions. It will be foggy in the morning. East wind will blow.

The temperature will be +10-14 °C at night and +20-25 °C in the daytime. In the mountains, the temperature will be +3-8 °C at night, +10-15 °C in the daytime.

The temperature in the Absheron Peninsula is expected to be close to normal. The day is expected to be favorable for weather-sensitive people.

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Not calling released soldiers as “POWs” by OSCE Minsk Group – outrageous – Armenian media

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By Trend

People in Armenia are outraged by the absence of the term ‘prisoner of war’ in the latest statement of the OSCE Minsk Group, Trend reports on May 6 referring to the Armenian media.

"I hope the Armenian government representatives will explain why the term ‘prisoner of war (POW)’ is absent in the statement of the OSCE Minsk Group co-chairs, and the Armenian prisoners of war held in Azerbaijan are called only detainees," political expert Knyaz Saroyan said.

The OSCE Minsk Group Co-Chairs (Igor Popov from the Russian Federation, Stefan Visconti from France, and Andrew Shofer from the US) welcomed the release of the Armenian detainees – Robert Vardanyan, Samvel Shukhyan, and Seran Tamrazyan by Azerbaijan.

The Co-Chairs have previously called on the parties to share all the data necessary for effective demining and to take concrete steps to create an atmosphere of mutual trust conducive to the establishment of lasting peace by solving problems.

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Precious metal prices in Azerbaijan fluctuate

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By Trend

The prices of precious metals varied in Azerbaijan on May 6 compared to the previous price, Trend reports referring to the data published by the Central Bank of Azerbaijan (CBA).

The price of gold increased by 10.8885 manat or $6.405 (0.36 percent) and made up 3,040.314 manat or $1,788.42 per ounce.

The price of silver decreased by 0.1155 manat or 0.06 cents (0.26 percent) and amounted to 45.0258 manat ($26.48).

The price of platinum decreased by 25.721 manat or $15.13 (1.22 percent) and equaled 2,082.143 manat ($1,224.79).

The price of palladium decreased by 40.596 manat or $23.88 (0.8 percent) and stood at 5,056.446 manat ($2,974.38).

In monthly terms, the price of gold grew by 92.514 manat or $54.42 (3.1 percent) per ounce, silver increased by 2.6844 manat or $1.57 (6.3 percent) per ounce, platinum decreased by 23.613 manat or $13.89 (1.1 percent) per ounce, while palladium increased by 541.4075 manat or $318.475 (12 percent).

On an annualized basis, the price of gold rose by 145.2565 manat or $85.445 (5 percent), silver grew by 19.4291 manat or $11.42 (75.9 percent), platinum increased by 776.6875 manat or $456.875 (59.5 percent) and palladium increased by 1,966.9595 manat or $1,157.035 (63.7 percent).

Date:

Gold

(XAU)

Silver

(XAG)

Platinum

(XPT)

Palladium

(XPD)

May 6, 2021

3,040.314

45.0258

2,082.143

5,056.446

May 5,2021

3,029.4255

45.1413

2,107.864

5,097.042

April 6, 2021

2,947.8

42.3414

2,058.53

4,515.0385

May 6,2020

2,895.0575

25.5967

1,305.4555

3,089.4865

Change in a day:

in manat,

10.8885

-0.1155

-25.7210

-40.5960

in %

0.36%

-0.26%

-1.22%

-0.80%

Change in a month:

in manat,

92.5140

2.6844

23.6130

541.4075

in %

3.1%

6.3%

1.1%

12.0%

Change in a year:

in manat,

145.2565

19.4291

776.6875

1,966.9595

in %

5.0%

75.9%

59.5%

63.7%

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