  Baku’s economic, political power centered in several individuals’ hands - expert May 25, 2012 - 16:16 AMT PanARMENIAN.Net - A political observer of Zerkalo daily believes oil to be the main component of Azeri economy, determining the ups and downs of the country’s GDP. As Rauf Mirkadyrov stated at Caucasus 2011 Yerevan-hosted conference, with certain a petrodollar-based reserve formed, Azeri government itself invests in the country’s economy. The situation above leads to monopolization of the economy, with major as well as medium businesses centered in the hands of several individuals,” the expert said.   Top stories The Cabinet of Ministers decided on Thursday, November 9 to allocated AMD 120 million to arrange the gathering. Michael Roth believes sanctions must be put on the table after Baku‘s ethnic cleansing in Nagorno-Karabakh. The Yerevan City Council has elected Tigran Avniyan from the ruling Civil Contract as the mayor of the Armenian capital. The Armenian Parliament on Tuesday, October 3 voted to ratify the Rome Statute of the International Criminal Court.   Partner news |  Latest news Power of One Dram sums up two-year program with Teach for Armenia  Idram Junior also joined the companies during the visit, bringing with it a fascinating intellectual game for childrenCivil disobedience campaigns continue in Yerevan People demanding Prime Minister Nikol Pashinyan’s resignation again blocked streets in Yerevan on May 15.Court in Azerbaijan extends former Karabakh leader’s arrest by 5 months The Binagadi District Court in Azerbaijan has granted the prosecutor’s petition to extend the arrest of Arkady Ghukasyan.Ucom General Director joins High-Tech Development Panel Discussion The discussion was titled "The Role of International Corporations and Investors as Catalysts for Development of High-Tech Ecosystem." |
