A favorable investment and business climate in the country, the situation in the insurance system, and the state of business in the country are the topics of today's media.
The website Yap.org.az discusses the investment climate in the country with MP Ziyad Samedzadeh. Samedzadeh noted that the share of the private sector in the development of the country's economy is high.
Inspections of private entrepreneurs have been suspended, the “Licenses and Permits” portal has been created, a set of measures is being taken to support local production, while purchasing, the government gives preference to local products, and customs and tax procedures are simplified.
The Bizimyol.info website together with expert Natig Jafarli comments on some statements made by President Ilham Aliyev at the meeting on January 13. In particular, the expert agreed with the head of state about the dangerous trend in the issuance of consumer loans. The unpopularity of business loans is explained by high interest rates and the fact that many businessmen are officials.
The Yeni Sabah.az website continues to discuss real estate insurance as part of compulsory property insurance. Experts believe that this process will make a great contribution to the field of insurance. In addition, the insurance market will bring 100-million profit. The expert noted that the application of fines is impossible, but the law must be implemented.
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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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