The impact on Azerbaijan of importing telephones from China, the possibility of reducing oil revenues, warning from the President to banks, and the difficulties created by unregistered housing for the state budget are today's topics of the country's Internet resources.
The website Yenisabah.az writes that some companies in Russia and the USA have suspended the import of mobile phones from China due to the Corona Virus. Experts believe that in Azerbaijan, phones and etc. can become more expensive. Since a huge quantity of goods is delivered from China to the countries of the world, a rise in price can affect not only phones. Such a situation could lead to a new global crisis.
The website Modern.az writes that the threat of Corona Virus may reduce oil revenues of Azerbaijan. How serious these threats are, MP Vahid Ahmedov argues. According to him, the threat of Corona Virus has reduced the need for oil in the Chinese energy market by 20% - 3 million barrels. Experts believe that the cost of Brent crude oil will drop to $ 40.
Since January 20, oil has fallen in price by 13%. In the first half of 2020, the average cost of oil is forecasted between 54-47 dollars. At the same time, lowering the price to $ 40 will not affect Azerbaijan’s budget much.
The website Yeniavaz.com comments on the speech of the head of state on February 3 in connection with the completion of the first year of implementation of the state program for regional development. Aliyev issued a warning to the banks, recalling the support provided by the state. According to him, in Azerbaijan all bank deposits are insured by the state and this increases the responsibility of banks.
In case of surprises from private banks, let them blame themselves, Aliyev warned. According to him, banks should contribute to the development of the economy, and not just make money for themselves. If a bank has problems, its license will be canceled, the head of state warned, urging banks to finance the real sector, rather than issue consumer loans.
The website Oxu.az writes about unregistered housing, which is detrimental to the state budget. For years, the process of including these houses in the state registry has been delayed. It also prevents citizens from using their property rights. In addition, it blocks the appropriate payments to the state budget, including property tax. Experts believe that certain problems arise also due to the subjective interests of the relevant structures.
Social
-
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.
-
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.
-
An operation at Istanbul Airport has revealed an incident that could strain diplomatic relations. Kahraman Shamil oglu Mammadov, alleged to be an Azerbaijani military attaché, was caught with 70 kilograms of gold. According to Turkish media, Despite Mammadov's claims that he is a diplomat, it is believed that the incident is related to gold smuggling.
-
On a brisk November evening, the residents of Baku gathered along the waterfront of the Caspian Sea, stunned by what appeared to be the washed-up body of a colossal whale. At 16 meters long, the creature’s seemingly lifeless form and pungent odor left many convinced they were witnessing an ecological tragedy. By that night, however, the mysterious visitor had departed, loaded onto a cargo platform and whisked away to the airport.
Leave a review