Nuts and dried fruit are an ingredient in many different Azerbaijani cakes and pastries. These rolls can be made with almonds or walnuts or a mixture of the two (walnuts on their own can be bitter). Preparation time: 60 min Cooking time: 35 min Serves: 5-6
Read More »Farid
SELF-INDUCED LOSSES
Insurance companies are trying not to raise their charges despite an increase in costs caused by devaluation The fall in oil prices and the reduction in the exchange rate have impacted on virtually all areas of Azerbaijan’s financial sector. However, even in such difficult circumstances, the insurance market has generally …
Read More »Alexander the Great in Azerbaijan’s literature and folklore
From the history of conquests Young, excitable, stubborn and strong-willed, Alexander the Great (born 356BC) was a knight from birth. The passionate energy burning inside him continually impelled him towards conflict. His father’s plan of attack on the East captivated Alexander. He was totally persuasive in promoting his own and …
Read More »Baku’s Seaside Boulevard – Then and Now
Baku’s much-loved ‘Bulvar’ has been central to city life for well over a hundred years. Originally occupying just a few hundred metres from today’s Puppet Theatre to Azneft Square, the historic Boulevard has gradually lengthened and in early June 2015 witnessed its most dramatic expansion to date, with the newly …
Read More »OUT OF FAVOUR WITH THE BOLSHEVIKS
On the fate of the deputy interior minister of the ADR, Oriental sciences scholar Mahammad Sadig bay Agabayzada, and his relatives under Soviet rule. During the 70 years of Soviet rule any mention of his name in Azerbaijan was taboo. Even his closest relatives, who were able to see him and …
Read More »THE OTHER SIDE OF DEVALUATION
The drop in the value of the manat is creating fresh opportunities for the private sector in that it is preventing a drastic rise in prices. A two-fold devaluation of the manat in 2015 has undoubtedly made a ne-gative impact on household incomes and consumer prices.
Read More »FOCUS ON REAL PROPERTY
rb Expansion of housing construction stimulates activity in many related industries. Housing construction is going to become an important industry in the coming years, which will allow the Azerbaijani government to solve many social and economic issues.
Read More »HOPING IN THE PRIVATE SECTOR
Azerbaijan has increased the state budget’s parameters for 2016, despite projected oil prices having decreased by half The fall in global oil prices and the devaluation of the national currency give new urgency to the issue of the Azerbaijani government’s response to these new challenges. The administration ended up adjusting …
Read More »“WHITE GOLD”: THE COST OF THE ISSUE
The government intends to support cotton-producers with soft loans and increased technical support. Once well-developed, in recent years cotton-growing has become an outsider within Azerbaijani agriculture. Loss of interest from farmers and omnipresent reduction in the area under cultivation are due to processing plants’ low
Read More »BANKING REFORM
How to strengthen the system and not to lose customers. The process of economic reform launched in Azerbaijan has the most noticeable impact on the financial and banking sector today. In recent years, the Central Bank has influenced the quality of the banking market by a fivefold increase in the …
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