Oil Money Seems To Cure Most Ills...But The Lack Of U.S. Aid Still StingsThomas Goltz
The governor of the National Bank of Azerbaijan was discussing the move to a market economy. Amid references to falling industrial output and the new law allowing land ownership, he noted the small matter of $10 million in international aid that had vanished. His one-man audience interrupted. "What do you mean, you don't know where the money went?" growled Heydar A. Aliyev, the 75-year-old President of the oil-rich republic. "I demand that a commission of investigation be established and that we get to the bottom of this at once!" The bank chief, visibly quaking, pledged to obey.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- As Bitcoin Sinks, Crypto Bros Party Hard on a Blockchain Cruise
- Norwegian Airlines Sets Record for Fastest Transatlantic Flight
- Tanker With Russian Gas for Boston Makes Mid-Atlantic U-Turn
- How a 22-Year-Old Discovered the Worst Chip Flaws in History
- Your Emotional Support Duck Is Not Welcome in Seat 15C