Azerbaijan

Obtained records ‘show Azerbaijan foreign minister’s son bought lavish Trump Place apartments in Manhattan’

bne IntelIiNews May 27, 2020

Report says “it is not clear how” young Emin Mammadyarov could pay huge sums for luxury units.

Several local officials arrested in Azerbaijan for COVID corruption

Joshua Kucera for Eurasianet May 6, 2020

Sceptics say the roundup is a show meant to create the illusion of fighting corruption even as higher-level officials remain untouched.

Four banks in Azerbaijan go under administration as pandemic and oil crisis impacts hit home

bne IntelIiNews April 28, 2020

Move said to affect 7.3bn manats ($4.3bn) of deposits and protect interests of 8.3mn people. Economist claims woes rooted in systemic problems.

Azerbaijan ‘forced to tell BP to cut oil production sharply’

bne IntelIiNews April 24, 2020

Extent of OPEC+ output restrictions drawn up to tackle price crisis leaves Baku with little choice but to include energy major in reductions.

UPDATED: Oil prices fall to less than zero for the first time in history

Ben Aris in Berlin April 20, 2020

Oil prices fell to less than zero for the first time in history as producers ran out of places to store crude on April 20.

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