Media Review for January 11, 2020
The country's sports successes, the difference in the protection of manat and foreign currency deposits, and the position of Bank Standard lenders are the topics of today's media.
The newspaper Azerbaijan writes about the country's sports achievements, summing up the results of 2019. Last year, Azerbaijani athletes won 775 medals at international competitions, of which 271 - gold, 238 - silver, and 266 - bronze.
Azerbaijan took part in 243 international tournaments. At the second European Games in Minsk, Azerbaijan won 5 gold, 10 silver and 13 bronze medals, entering the top ten.
The Fed.az website writes that most of Bank Standard's deposits have not yet been returned to depositors. Experts believe that this bank is simply robbed, and the Central Bank turns a blind eye to it. Most of the missing loans belong to a small part of customers.
153 legal entities and individuals are guilty of Bank Standard bankruptcy, the article says. They "took" about one billion manat from the bank.
The website Yenisabah.az discusses with an expert the nature of bank deposits in Baku and in the regions. In the capital, deposits are more in foreign currency, and in the regions they are more in manats.
Experts attribute this to the interests and preferences of citizens. Deposits in national currency bring more dividends than deposits in foreign currency.
Social
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On November 12, the summit of world leaders commenced at the 29th session of the Conference of the Parties (COP29) of the United Nations Framework Convention on Climate Change (UNFCCC) in Baku. According to "Euronews," citing sources from the UN, the event is attended by around 100 heads of state.
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On Wednesday, rain is expected in the capital during the night and morning hours. The northeast wind will change to the southeast in the afternoon. The air temperature at night will be +7 to +9°C, and during the day, it will reach +10 to +12°C. Humidity will be 70-75% at night, and 60-65% during the day.
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Amid the bustling scenes of this year’s COP29 climate conference, a protest against whaling and deep-sea mining, organized by a group calling itself the FINS Initiative, drew significant attention from delegates and observers. However, questions have arisen about the legitimacy of the group, as an internet search yields little evidence of its existence beyond scattered mentions.
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In the last two days, a "news" story appeared on TikTok about a whale spotted on Baku's seaside boulevard. The most "observant" users posted videos, commenting on the size of the animal. Later, other "witnesses" claimed it wasn't a whale, but a shark. Even later, a version emerged suggesting it was a submarine.
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