Media Review for January 25, 2020
Evaluation of meetings in Davos, discussion of the cost of oil, and the situation on the housing market are the topics of today's media.
The newspaper Azerbaijan writes about the meetings of I. Aliyev in Davos at the World Economic Forum, calling them "the triumph of Aliyev diplomacy."
Aliyev has been participating in this forum since 2007, which paves the way for closer cooperation with large world companies and developed countries.
The author also pays attention to the President’s speech on the panel on January 22 on the topic “Strategic View: Eurasia”.
Musavat.com discusses the cost of oil. Experts predict that this year its price may fall to $ 50 due to a trade war between China and the United States, as well as the Iran-US conflict.
All this will affect the cost of Azerbaijani oil. If the price drops to 50 dollars, our oil will be sold at 52-53 dollars, experts say.
The website Modern.az writes about the situation in the housing market. Experts believe that a limited number of rental housing is being sold, so there will be no serious effect on prices. Most likely the market stagnation will last a few more months. Revival will arise after the Mortgage Fund sends new funds to purchase housing.
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- In World
- 25 January 2020 11:16
Social
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An online meeting of civil society activists focused on the human rights situation in Azerbaijan, convened on the initiative of the Justice Solidarity Committee, highlighted significant concerns over the detention of journalists, political activists, and opponents of the war. The gathering, held on August 30, coincided with the International Day of Remembrance of the Missing and underscored the ongoing challenges facing both Azerbaijani and Armenian societies in the wake of the Karabakh conflicts.
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No precipitation is expected in Baku and on the Absheron Peninsula; the northwestern wind will change to a southeastern wind during the day. Air temperatures will range from 21-26°C at night and 33-38°C during the day, according to the National Hydrometeorology Service of the Ministry of Ecology.
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A fire has erupted at the Experimental and Testing Production of the Scientific Research Institute of SOCAR (the state oil company) in the Surakhani district of Baku, the Ministry of Emergency Situations reported. "Thanks to the urgent and necessary measures taken by the Ministry of Emergency Situations, the spread of the fire to neighboring areas, including nearby residential buildings, has been prevented," the statement reads. Efforts to extinguish the fire are still ongoing.
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In September, the average monthly air temperature in Azerbaijan is expected to be close to the climatic norm. Precipitation levels will also be near the norm, but in some areas, they will exceed it, according to the September forecast from the National Hydrometeorological Service.
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