Economics - 2016
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Azerbaijan was cut to junk by Fitch Ratings, which followed downgrades by the other two main credit companies, as the former Soviet Union’s third-biggest oil exporter is expected to see its economy...
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After Standard and Poor's, Fitch Ratings also lowered the credit rating of Azerbaijan from BBB- to the "junk" level of BB+. The Fitch Ratings press release states that the low oil prices have caus...
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The topic of usefulness, uniqueness and profitability of the so-called "production" of the mud volcanoes operating in Azerbaijan hastily comes to the agenda and then leaves it - until the next erup...
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The Ministry of Economy issued a report on the activities of the state-run JSC Azerlotereya for 2015. For the first time since 2000, the report lacks information on the results of economic activiti...
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In 2015, the government began to implement three new international projects, which are provided under the state guarantee. According to the Ministry of Economy, in 2015 implementation of 41 pro...
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A decree amending the Charter of the State Oil Company of the Azerbaijan Republic was signed by President Ilham Aliyev on 26 February. According to the changes, the Council, which operated under th...
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Falling oil prices and a recent currency devaluation are spurring businesses to lay off workers in Azerbaijan. But, in a sign of the political sensitivity of the country’s economic downtown, some c...






