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Pension capital to be indexed once a year in Azerbaijan according to Presidents order

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Pension capital will be indexed once a year in Azerbaijan, APA reports.

President of Azerbaijan Ilham Aliyev has signed a decree on implementation of the Law “On amendments to the Law of the Republic of Azerbaijan on Labour pensions”.

The pension capital of the insurance part of the personal account of the insured will be indexed once a year according to the decision of the President of the Republic of Azerbaijan based on the annual level of consumption prices defined by the State Statistics Committee.

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Rio de Janeiro hosts concert marking centenary of Azerbaijans diplomatic service

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A special concert program celebrating the 100th anniversary of Azerbaijan’s diplomatic service has been held at the famous Municipal Theater of Rio de Janeiro, Brazil.

Brazilian Symphony Orchestra performed Azerbaijani and European classical music at the concert, which was conducted by Yalchin Adigozalov with the participation of soprano Seljan Nasibli.

Organized by the Azerbaijani Embassy in Brazil in partnership with the National Commission of Azerbaijan for UNESCO, the cultural event was attended by Brazilian state officials, representatives of the mayor’s office, students and professors of the Federal University of Rio de Janeiro, as well as members of the Brazilian National Congress.

The event participants were impressed by the Brazilian Symphony Orchestra who performed Asaf Zeynalli's "My country", Fikrat Amirov's "A tale of Nasimi", Gara Garayev's "Don Quixote", Maurice Ravel's "Shéhérazade”, including famous compositions by Claude Debussy.

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Border guard system being built on AzerbaijaniArmenian border

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A border guard system is being built on the border between Azerbaijan and Armenia and Armenia is alarmed by it, said Chief of Staff of the State Border Service (SBS) of Azerbaijan, Major General Elchin Ibrahimov, Trend reports.

According to him, the State Border Service is duly responding to enemy provocations in Gazakh and Aghstafa districts bordering with Armenia.

Ibrahimov also noted that as a result of the measures taken by the State Border Service for detecting reconnaissance and subversive activities, 18 people recruited by foreign intelligence agencies were exposed, and 86 Azerbaijani citizens and 24 foreign citizens suspected of having connections with said institutions were identified.

As part of the fight against terrorism, 91 people were detained and the identities of 388 people were established.

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Price of Azerbaijani oil increases

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The price of Azeri Light (CIF) crude oil has increased in the world market, APA-Economics reports.

The price of a barrel of Azerbaijani oil has increased by $ 0,47 to stand at $ 61,91.

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