Azerbaijan boosts army spending as Armenia tensions soar
Baku (AFP) Nov 28, 2014 - Azerbaijan's parliament on Friday approved a 2015 budget that sharply boosted military spending in apparent response to rising tensions with neighbour Armenia over the disputed Nagorny Karabakh region. The oil-rich Caucasus country's defence outlays will rise by 8.6 percent to more than 1.78 billion Azerbaijani manats ($2.3 billion, 1.8 billion euros). The budget also expects the economy ... more
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