Only 2.5% of fixed broadband contracts in Azerbaijan suggest speed Internet and more than 10 megabits per second. Overall, the share of such contracts is 17% of the provider's agreement, said the report on the state of broadband, prepared by the ITU - International Telecommunication Union, the United Nations (http://www.itu.int/en/ITU-D/Statistics/Documents /facts/ICTFactsFigures2014-e.pdf).
In the Table of Ranks, the structure of Azerbaijan on the basis of 2013 added to the developing countries, taking place among them 23 (51.5%) of the share of Internet-connected households. The first takes place in the world, South Korea with 98.1% of connected households. In this case, by the number of individual Internet users, Azerbaijan is on the 63rd place in the world with 58.7%, ahead of nearest rival - Italy 0.2%. In the first place there is Iceland with 96.5%. Among developing countries, Azerbaijan is on the 24th position and in the first place is Bahrain with 90%.
According to the report, in 2017 more than 50% of the world population will be connected to the Internet via mobile broadband using smart phones and tablets. But some countries in Africa and Oceania may fall out of the process.
As noted in the welcoming speech ITU Secretary General Hamadoun Toure, broadband Internet is an important tool for socio-economic development.
"This is not a luxury for the rich, but rather, the most powerful in the history of the instrument, with which it is possible to fill the gaps in health, education, environmental management, empowerment of women," said the senior UN official. --17D-
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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