Iran’s energy minister Reza Ardakanian announced that Iran has launched talks on the possibility to supply electricity to Russia via the territory of Armenia, TASS reports. “We have launched talks with Armenia on the possibility to supply electricity to Russia”, the minister said. He added that joining the European electric networks is an important task for Iran, stating that Tehran has several options for reaching this goal....

Greece received on Monday the final 15-billion-euro payment from its eight-year bailout programme in what creditors hailed as proof that tough austerity measures were "paying off." The payout by the European Stability Mechanism (ESM), the eurozone's bailout fund, comes ahead of the formal end on August 20 of Greece's third financial rescue package since 2010. In total 9.5 billion euros ($11 billion) of the tranche will be used to build up...

The iPhone maker's market value reached the figure in New York on Thursday and its shares closed at a new record high of $207.39. The stock has been rising since Tuesday when it reported better than expected results for the three months to June. Apple beat Silicon Valley rivals such as Amazon and Microsoft to become the first to hit the $1 trillion valuations. Since the iPhone first went on sale in 2007, Apple shares have soared by 1,100% and...

China is fully prepared to respond to US threats to increase tariffs and take the necessary countermeasures to protect its interests, according to a statement by the Ministry of Commerce of the PRC. Wednesday morning, Bloomberg, referring to three people familiar with the situation, reported that the US administration plans to propose the introduction of duties in 25% on imports of Chinese goods and services worth $ 200 billion. As explained by...

Issues of improving security on the roads of the countries of the Eurasian Economic Union (EAPC) were discussed by representatives of national bodies responsible for road safety and vehicle registration. According to the press service of the ECE, at a meeting that was held at the Eurasian Economic Commission (ECE), in particular, the prospects for improving the design of the cars produced, tightening the requirements for the fleet of vehicles,...