Azerbaijan

Country Azerbaijan
Capital Baku
Continent Asia
Currency Manat(AZN)
Languages Azerbaijani

Information

Introduction

Azerbaijan - a nation with a majority-Turkic and majority-Muslim population - was briefly independent from 1918 to 1920; it regained its independence after the collapse of the Soviet Union in 1991. Despite a 1994 cease-fire, Azerbaijan has yet to resolve its conflict with Armenia over Nagorno-Karabakh, a primarily Armenian-populated region, assigned to Soviet Azerbaijan in the 1920s by Moscow. Armenia and Azerbaijan began fighting over the area in 1988; the struggle escalated after both countries attained independence from the Soviet Union in 1991. By May 1994, when a cease-fire took hold, ethnic Armenian forces held not only Nagorno-Karabakh but also seven surrounding provinces in the territory of Azerbaijan. Corruption in the country is ubiquitous, and the government, which eliminated presidential term limits in a 2009 referendum, has been accused of authoritarianism. Although the poverty rate has been reduced in recent years due to revenue from oil production, the promise of widespread wealth resulting from the continued development of Azerbaijan's energy sector remains largely unfulfilled.

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References

Azerbaijan - Wikipedia
Azerbaijan - CIA World Fact Book
Azerbaijan - BBC
Azerbaijan - Timeline - BBC

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Links

News Headlines

Google News
Bank of Azerbaijan offers debt swap to creditors - Financial Times

Financial Times

Bank of Azerbaijan offers debt swap to creditors
Financial Times
State-owned International Bank of Azerbaijan has been hit by an economic crisis in the former Soviet republic caused by the slump in oil prices since 2014. This severely hurt the country's economy and has seen its currency plummet more than 50 per cent ...
International Bank of Azerbaijan's dollar bonds fall on restructuring optionsReuters
Azerbaijan angers IBA creditors with offer of losses and delayReuters UK
UPDATE 1-Azerbaijan angers IBA creditors with offer of losses and delayBusiness Insider
Nasdaq -Reuters Africa -Trend News Agency
all 13 news articles »


Inmate hangs himself in Azerbaijan - APA

APA

Inmate hangs himself in Azerbaijan
APA
A resident of Azerbaijan's Sheki district has hanged himself in his cell in a prison of the Penitentiary Service in the district, APA reported. Shaki resident Akram Najafov (1961) had been sentenced to 17 years in prison for killing his nephew in 2015 ...



Volume of US financial aid to Azerbaijan revealed - APA

Trend News Agency

Volume of US financial aid to Azerbaijan revealed
APA
The Trump administration released its budget recommendations for fiscal year 2018 to the US Congress with substantial budget cuts, APA reported citing the Massis Post online newspaper. Under the administration's budget, aid to Azerbaijan is cut by 90 ...
Armenia breaks ceasefire with Azerbaijan 120 times in 24 hoursTrend News Agency
Azerbaijan releases 55 shells in the direction of Armenian positionsMediamax.am
Russian expert: Armenia will have to leave territories of AzerbaijanAzerNews
Armenpress.am -News.Az -Hetq Online
all 63 news articles »


Azerbaijan, Romania to conduct examination in field of education - APA

APA

Azerbaijan, Romania to conduct examination in field of education
APA
An examination will be held in the field of education of Azerbaijan and Romania, Deputy Education Minister of Romania Gigel Paraschiv said on Wednesday. The boundaries of future cooperation between the two countries will be defined based on the ...

and more »


Azerbaijan Bank Creditors Balk at Restructuring Plan - WSJ - Wall Street Journal (subscription)

Wall Street Journal (subscription)

Azerbaijan Bank Creditors Balk at Restructuring Plan - WSJ
Wall Street Journal (subscription)
A troubled lender from Azerbaijan is shaping up to be a battleground for U.S. and European investors facing big losses on bondholdings.

and more »


First Azerbaijan-Romania Inter-University Forum kicks off in Baku - APA

First Azerbaijan-Romania Inter-University Forum kicks off in Baku
APA
Azerbaijan's Deputy Education Minister Firudin Gurbanov, the delegation led by Deputy Education Minister of Romania Gigel Paraschiv, ADA vice-rector Fariz Ismayilzade, rectors of both countries' universities and other guests attended the opening ...



Azerbaijan complete 3x3 double at 4th Islamic Solidarity Games - FIBA

FIBA

Azerbaijan complete 3x3 double at 4th Islamic Solidarity Games
FIBA
BAKU (Islamic Solidarity Games) - Azerbaijan won gold at the 3x3 event of the 4th Islamic Solidarity Games in both men and women in Baku, Azerbaijan on May 18-21. In the women's category, Azerbaijan avenged a pool loss and defeated Mali 13-7 in the ...
Azerbaijan are tops, Uganda 33rd as Islamic Solidarity Games endIndependent
How Azerbaijan is losing its brainsOpen Democracy
Ilham Aliyev: Azerbaijan to see increase in tourist arrivals after Baku 2017APA
eNCA -News.Az -Trend News Agency
all 201 news articles »


Azerbaijan, Iran, Russia summit to take place in Tehran - AzerNews

AzerNews

Azerbaijan, Iran, Russia summit to take place in Tehran
AzerNews
Tehran will host a trilateral international forum involving Azerbaijan, Iran and Russia, Iran's President Hassan Rouhani announced about this at a press conference. He said the forum will be devoted to the construction of a railway, which will connect ...
Rouhani hails Azerbaijan as Iran's great neighborNews.Az

all 587 news articles »


Sheikh Abdullah concludes visit to Azerbaijan - in pictures - The National

The National

Sheikh Abdullah concludes visit to Azerbaijan - in pictures
The National
Sheikh Abdullah bin Zayed, Minister of Foreign Affairs and International Cooperation, visited Azerbaijan on Monday to meet President Ilham Aliyev, and Elmar Mammadyarov, Minister of Foreign Affairs, to discuss bilateral relations between the two countries.



Paris to host literary evening in honor of Azerbaijani poet Vagif Samadoglu - APA

APA

Paris to host literary evening in honor of Azerbaijani poet Vagif Samadoglu
APA
The poet's book “One day I was a smile”, published in French (Un jour j'ai été le sourire), will be presented at the event to be co-organized by the Paris-based Azerbaijan House and Samad Vurgun's Home-Museum with the support of Azerbaijan's Embassy in ...