General World News

Oil Crisis Takes Shine Off Azerbaijan's Lavish Sports Events

When oil exporter Azerbaijan signed up to host its first ever Formula One Grand Prix this year along an esplanade in its capital, the government promoted it as an opportunity to showcase the country’s new confidence.

Now, with the economy in a state of crisis and police in some parts of the country using tear gas to disperse protesters, a sporting extravaganza that attracts the world’s super-rich is jarring with the public mood.

“It would be better if the government used this money on local businesses. We will run out of oil one day,” Vugar, a manager at a cafe in the read more >>>

Source : VOANews.Com