The impact of restrictions in connection with the Corona Virus pandemic on the economic, social and financial life of the countries of the world, including Azerbaijan, is the topic of today's media.
The newspaper Azerbaijan discusses the situation with a decrease in oil production and the impact of this factor on prices. The OPEC + agreement to reduce oil production to 9.7 million barrels put an end to the "oil war" between Saudi Arabia and Russia. OPEC + has never allowed such a decline in production.
However, a decrease in production will not lead to a sharp increase in the cost of oil. Prices cannot rise as supply exceeds demand by 20 million barrels.
If in the near future it is possible to limit the pandemic, restore transport links between the countries and increase the need for fuel, this will affect the price increase.
The website Azpolitika.info discusses the need to extend the quarantine regime until early May. Despite the positive dynamics of those who have been cured of the Corona Virus, the number of infected people is also growing. Therefore, quitting the quarantine regime will fail.
The website Modern.az discusses the decision of OPEC + to reduce oil production, noting that after that, Azerbaijani oil went up by only $ 1.
Some sources indicate that the world daily oil demand fell to 30 million barrels. In order for the price to once again reach the level of $ 55-60 comfortable for all producers, it is necessary to reduce production by another 30 million barrels.
The website Mətbuat.az discusses the issue of children's allowance, the restoration of which the government has never agreed to. This money would be very helpful at the present time. This should be a priority issue.
The population’s discontent is also caused by the refusal to issue benefits of 190 manat to those who have at least one person working in the family. -0-
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On Tuesday, rainy weather with thunderstorms and moderate northwest wind is expected in the Baku, according to meteorologists. The rainy weather will continue untill Wednesday evening. The air temperature at night will be +7 to +10°C, and during the day, +11 to +13°C. The humidity will be 80-90% at night and 70-80% during the day. Rain with thunderstorms will also affect other parts of the country. Snow is expected in mountainous areas. There will be fog in places, with westerly winds.
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Industry leaders from Google, Ambition Loop, and Azerbaijan Railways joined Azercell to explore corporate responsibility, innovative solutions, and collaborative approaches to advancing sustainability
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The COP29 conference concluded in Baku, leaving behind a trail of controversy and criticism. Renowned historian Jamil Hasanli characterized the event as a vivid reflection of governance problems in Azerbaijan under President Ilham Aliyev. Hasanli, a staunch critic of the administration, described COP29 as an expensive spectacle that exposed systemic failures and intensified international scrutiny of Azerbaijan's political and economic structures.
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President of the European Parliament Roberta Metsola has invited Azerbaijani economist and political prisoner Professor Gubad Ibadoglu to Strasbourg to attend the 2024 Sakharov Prize award ceremony. The invitation, delivered by Member of the European Parliament Michael Bloss at the COP29 climate conference, comes as Ibadoglu remains under house arrest and prohibited from leaving Azerbaijan.
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