Azerbaijan – Fall in oil price, economic crisis and possible political consequences
By Chiara Loda (@ChiaraLoda) This post was originally published in Presidential Power and is available here The drop in the global oil price represents a cold shower for the oil-producing economies. In 2008 a barrel cost $140, whereas in January 2016 it is now down to $30. The Middle-Eastern dynamics, first and foremost the rivalry between Saudi Arabia and…