While the European and Asian airlines begin to mop up the under-served demand of Iran's middle and upper classes, Iran’s airlines will need years to catch up.
The Iranian Ministry of Intelligence announced that 35 Iranians who hold a second passport and have senior government positions have been fired from their positions due to perceived national security risks.
The Social Democratic Party has decided to withdraw from the four-party ruling coalition over disagreements with partners over constitutional reform plans that some claim represent an attempt by President Atambayev to consolidate his power.
The Caucasus and Central Asia is embarking on one of its slowest economic recoveries since independence, as the region continues to battle the effects of low commodity prices and slowdown in key economic partners, the IMF says.
Ban could lead to Salafism going underground and adherents becoming radicalised.
US Treasury agrees to relax rules on foreigners doing dollar-denominated transactions with Iran.
The acid test will be whether the coalition government can make any difference to the lives of ordinary Georgians like the residents of Tserovani.
Ruling Georgian Dream-Democratic Georgia (GDDG) won nearly 49% of the votes in October 8 parliamentary elections, deemed largely free and fair by most international observers.
Anything could happen on October 8, given that almost half of the electorate will likely make up their minds at the last minute.
Persia Oil and Gas, being an Iranian company, was a shock candidate to be the first to sign the new IPC, with most analysts expecting a headline foreign name to be the first.
Mongolia faces more about $2bn in debt repayments due in next year after the government borrowed heavily to finance road and infrastructure projects during the boom years.
As the Russian economy recovers, remittances to Central Asian countries – particularly Kyrgyzstan – are starting to improve.
Credit cards may go some way to satisfy the pent-up demand for credit, but at the risk of worsening non-performing loans in the already fragile banking system.
The improvement comes despite the fact that most economies in the region face challenges related to the fall in commodity prices, volatile exchange rates, recession in Russia and slowing Chinese economy.
Lower commodity prices and recession in Russia continue to weigh on Eurasian economies with growth projected to further ease this year.
The controversial referendum will allow President Ilham Aliyev enshrine his already sizeable grip on power into the constitution.
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