Tag Archives: World Economic Forum

The next World Economic Forum (WEF) in Davos, originally scheduled for January, will be postponed until early next summer, its managing director of public engagement Adrian Monck said Wednesday in a statement, APA reports citing Xinhua. “The decision was not taken easily, since the need for global leaders to come together to …

Introduction In 2015 Azerbaijan has experienced substantial economic difficulties due to its dependence on oil exports and the drop of the oil prices, which eventually forced the Azerbaijani govermenment to devaluate its national currency. The fall in oil prices is essentially influencing the incomes and venture prospects, thus taking a toll on the …

The country’s economic potential will allow consumer goods’ imports to be considerably reduced. The instability on the raw materials markets and the drastic drop in oil prices has led to a deterioration in the world’s economic situation. At the recent conference on the implementation of the state programme for the …