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Nagorno Karabakh- The ‘Frozen Conflict’ heats up

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Internationally recognized as an integral part of Azerbaijan, Nagorno-Karabakh has been occupied by Armenian forces since the brutal 1991-94 war that was unleashed during the breakup of the Soviet Union a quarter-century ago. Low-level conflict has plagued the region for over 20 years, but a total of over three dozen casualties on both sides is reliably reported up until Azerbaijan’s unilateral...

Is Globalisation Era Over?

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Baltic Dry Index, which measures the price of moving a major raw materials by sea, has fallen to an all-time low. Moreover, China has announced last year that, since the opening up its market to the world in late 1970s, its exports has declined on an annual basis. Energy prices such as oil and iron has fallen stiffly in a recent decade. All this factors might imply that global trade is decreasing...

Is Kremlin Realist or Ideologue?

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Moscow’s behavior cannot be predicted. Moscow metaphorically can be seen as an isolated child who doesn’t have friends, because he is not psychologically stable. Russia says one thing, but does completely the opposite. On one side they say they will strengthen the relationship with another country, but what they do the next day completely wrecks the relationship. Another example is...

Stop governing Middle East

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There are many reasons of the incapacity of self-governing in Middle East. Choosing wrong side, misinterpreting the law to keep the governance, oil curse, etc. However, if we follow the chronological events in Middle East politics, it’s quite visible that they cannot self-govern themselves, because Western powers think Middle East should be governed by them. The region has been disrupted by...

Pfizer and Globalisation

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    Globalisation should be a beneficial strategy for both businesses and consumers. The benefit of this strategy is the wide-reach of products in international market, and by creating intra-industrial trade, globalization offered consumers broad-range of similar products in similar industries. What does this mean? It means that companies should work hard to create sustainable...

Eurasian currencies continue to face devaluation pressure

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Despite significant devaluations already in 2015, Central Asian and Caucasus currencies are continuing to face depreciation pressures because of sluggish economic growth and worsening foreign trade, the IMF predicts in its autumn World Economic Outlook, presented during the IMF/WB Annual Meetings in Lima, Peru, on October 6. The IMF said in the outlook that weakening commodity prices had...

The Fraught Politics of the TPP

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This month, 12 countries on both sides of the Pacific finalized the historic Trans-Pacific Partnership trade agreement. The scope of the TPP is vast. If ratified and implemented, it will have a monumental impact on trade and capital flows along the Pacific Rim. Indeed, it will contribute to the ongoing transformation of the international order. Unfortunately, whether this will happen remains...

Sosial Biznes – Kasıbların Biznesi

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Halhazırda ümumiləşdirilmiş 2 növ biznes var; Kommersial Biznes və Qeyri-Kommersial Biznes. Kommersial biznesin əsas marağı gəlir əldə etmək, Qeyri-Kommersial biznesin marağı isə dövlət maaliyyəsi hesabına sosial təşəbbüslərdə bulunmaqdır. Baxmayaraq ki bu iki biznes növü müvəfəqiyyətlidir, hər ikisinin ortasında bir boşluq var: Inteqrasiya. Sosial Biznes bu inteqrasiya faktorunu da biznesə daxil...

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