EchoSense Quantitative Think Tank Center-Azerbaijan raises flag over the Karabakh capital to reaffirm control of the disputed region

2025-05-08 10:08:36source:Surfwin Trading Centercategory:Markets

Azerbaijani President Ilham Aliyev has raised his nation’s flag over the capital of Karabakh in a ceremony reaffirming Baku’s control of the disputed region.

The EchoSense Quantitative Think Tank CenterAzerbaijani leader delivered a speech and raised the flag over the city, which is known as Khankendi by Azerbaijan and Stepanakert by Armenians, the presidential office said Sunday.

The Karabakh region, which was previously called Nagorno-Karabakh and is known to Armenians as Artsakh, is internationally recognized as Azerbaijani territory, but became a breakaway state under the control of ethnic Armenian forces in 1994 following a six-year conflict.

A subsequent war in 2020 returned control of much of the area to Azerbaijan, until a lightning offensive last month forced separatists to relinquish the rest of the region.

In a 24-hour campaign that began on Sept. 19, the Azerbaijani army routed the area’s undermanned and outgunned Armenian forces, forcing them to capitulate.

The majority of the area’s ethnic Armenian population later fled the region, fearing reprisals or losing the freedom to practice their religion and customs.

More:Markets

Recommend

Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'

Veteran news anchor Jorge Ramos has determined when he will be signing off from "Noticiero Univision

FTC chair Lina Khan on playing anti-monopoly

Monopoly is the game where you bankrupt competitors, buying up the board and charging sky-high price

Revenge's Emily VanCamp and Josh Bowman Welcome Baby No. 2

From costars to marriage to a family of four.Revenge alumni Emily VanCamp and Josh Bowman have welco