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- Macroeconomy
- 8 September 2020 20:00
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- Analytics
- 8 September 2020 22:31
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In Baku, the bustling capital of Azerbaijan, the taxi industry is both an important part of the city's transport network and an important source of employment. According to the Ministry of Information Technology and Transport, there are currently 28,000 taxi drivers working in the city.
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A third person with ties to U.S. Rep. Henry Cuellar’s bribery case has pleaded guilty, according to a recently unsealed plea agreement, after the South Texas Democrat was accused of accepting nearly $600,000 in bribes from Azerbaijan and a Mexican bank.
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The big interview of US Ambassador to Baku Mark Libby on 3 May made a lot of noise and became the subject of political discussions. At the same time, it revealed a number of important factors regarding the American diplomacy and the work of the Embassy staff.
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Azerbaijan will get a welcome earnings boost from BP’s announcement that it has launched production at a new $6-billion facility in Azerbaijan’s giant Azeri-Chirag-Gunashli oil field. The upgrade can boost the field’s output by as much as 25 percent.
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