The first Azerbaijan conference Sustainable Development and Corporate Social Responsibility organized by the Caspian Event Organizers with the support of the United Nations Development Program will open in Fairmont Baku, Flame Towers on October 15.
The aim of the conference is a comprehensive assessment of Corporate Social Responsibility and the way of its expansion through dialogue and cooperation between public, private and third sectors.
The conference participants will discuss the social impact of the CSR application in ICT enterprises.
During the conference, topics of discussion will also be issues of cooperation of public and private sector on issues of education, green economy, energy efficiency and the environment, food security and the role of the local agricultural sector in solving the problem, etc.
The conference will be attended by representatives of various international organizations, experts, CSR experts, scientific and educational institutions, and NGOs. --08D-
Economics
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Elon Musk, co-chair of the U.S. Department of Government Efficiency (DOGE), has outlined a strategy to bring inflation in the United States down to zero by 2026 through aggressive cuts in federal spending. Musk’s plan, which aims to reduce approximately $4 billion in projected daily expenditures, is designed to shrink the federal deficit to $1 trillion by 2026. While the deficit would still be substantial, Musk argues that accelerated economic growth could offset inflationary pressures, ultimately stabilizing the economy.
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The State Oil Company of Azerbaijan (SOCAR) has signed an agreement with Union Energy to acquire a 10% equity stake in the Tamar gas field, one of the largest offshore gas The State Oil Company of Azerbaijan (SOCAR) has signed an agreement with Union Energy to acquire a 10% equity stake in the Tamar gas field, one of the largest offshore gas projects in the Mediterranean, SOCAR said in a statement on Wednesday.projects in the Mediterranean, SOCAR said in a statement on Wednesday.
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On January 30, Azerbaijani President Ilham Aliyev has signed a decree approving the State Program for the Improvement of Transport Infrastructure in Baku and Surrounding Areas for 2025-2030, aiming to modernize the capital’s urban mobility and reduce congestion, the presidential press service said on Tuesday.
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Goldman Sachs has revised its oil price forecasts, raising its projections for Brent and Azeri Light crude by $2 per barrel for both 2025 and 2026, setting the estimate at $78 per barrel. The adjustment reflects expectations of tighter supply conditions driven by geopolitical risks, including U.S. sanctions affecting Russian oil production and potential future restrictions on Iranian crude exports.
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