Category: Economics

.
Oil workers putting a tap.

A Letter from Baku: The Story Behind the Oil

The first oil rush has attracted gangsters, spies and multinationals to frontier city Baku, Azerbaijan. At any hour in Baku you’re likely to run into Turkish “gangsters,” Chechen revolutionaries, Russian spies and oil men of every stripe, looking to make money any way they can.

Post Featured Image APF Icon

Polish Entrepreneurs after the 1989 Roundtable

Research chemist Malgorzata Dudek had worked for two decades at the technical university in Gliwice and in 1983 decided she wanted to apply that knowledge in a startup business. That proved too daunting. Her own knowledge was not the problem. She knew the state-owned chemical

Women Entrepreneurs in Poland

An unexpectedly large number of new businesses in Poland today are owned by women. Many are doing quite well, in manufacturing as well as in the service sector, helping propel Poland on its fast-track path toward a competitive market economy. Today, women are estimated to

The Noble oil fields in Baku Azerbaijan.

Oil Discovery Rocks the Caspian Sea

BAKU, AZERBAIJAN–The discovery of oil forever has changed the lands surrounding the Caspian Sea. APF photographer Stanley Greene spent time with workers, showing the rigs that are quickly extracting oil from this new field. The communities surrounding the new oil fields are finding their environment

In Baku, Azerbaijan, the oil industry is the ball and chain of the city’s environment.

Letter from Baku, Azerbaijan

On the farthest eastern reaches of Europe lies the Caspian Sea, a milky green land-locked sea that hides many treasures. In Baku, Azerbaijan, the oil industry is the ball and chain of the city’s environment. Traveling in the Caucasus is quite dangerous, especially by train.