The former Soviet republic of Azerbaijan was once seen as a dynamic economic hub. Like other nations almost totally dependent on oil revenues, it’s feeling the effects of the recent drop in prices.
Next to wreaking economic havoc, the decline in the price of oil has dangerous knock-on security effects says Sijbren de Jong to US National Public Radio (NPR). The full interview can be listened to here.
Photo credit: Paul Lowry via Foter.com / CC BY