Bloomberg reported that the president of oil-rich Azerbaijan, President Ilham Aliyev, is considering making investments in Asian and Latin American markets.
As quoted in the market news:
Western nations and rights watchdogs based in the U.S. and the European Union have criticized the state of human rights and freedoms in Azerbaijan, urging the Aliyev government to carry out democratic reforms. Aliyev, who took over from his father in disputed presidential elections in 2003, plans to run for a third term in October.
Get Our Expert Guide to Oil Investing FREE!Download this FREE Special Report, Oil Investing: Oil Price Forecast and Oil Deposits Around the World