The financial crisis in Azerbaijan has openly manifested itself since the devaluation of the manat in February 2015, after the last fall in oil prices, and is now in the phase of the "worst-case scenario."In early April, the experts of the Center for Economic and Social Development (CESD) examined three scenarios for the development of the crisis - an optimistic, intermediate and pessimistic.Optimistic, but less realistic scenario was based on th...
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In a significant diplomatic move, President Kassym-Jomart Tokayev of Kazakhstan embarked on an official visit to Armenia, marking a pivotal moment in the relationship between the two nations. The meeting between President Tokayev and Armenian Prime Minister Nikol Pashinyan resulted in the signing of a joint statement aimed at fostering cooperation and easing tensions that had simmered between the two countries.
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