Strengthening measures in Azerbaijan against global shocks, discussion of benefits on loan repayments, reduction in tourism, and the possibility of devaluation of the manat are the topics of today's media.
The newspaper Azerbaijan writes about the government’s strengthening measures against global shocks, whether it is a drop in oil prices, a recession in the global economy, or the Corona Virus pandemic.
All conditions are created for the fight against the Corona Virus. Measures are also being taken in connection with a sharp drop in the cost of oil on the world market. Inflation and the foreign exchange market are controlled, and the stability of the manat is maintained. The implementation of social programs was taken under special control.
The website Modern.az discusses the proposal of the deputy Vugar Bayramov on concessions in the payment of loans. This is necessary to reduce the impact of the Corona Virus on the economy.
In the next 3 months, commercial banks must make concessions on the issue of loan repayments. In connection with the Corona Virus online trading has become more active. It is also necessary to increase access to preferential loans for entrepreneurs in the regions.
The website Oxu.az writes about the situation in the field of tourism. The situation in connection with the Corona Virus has hit hotels, restaurants and the entire tourism business. Employees of hotels in Baku have come in droves under reduction. In a difficult situation are hotels in the regions. Hotel managers invited from abroad continue to work.
The Bizimyolinfo website is discussing with the economist Gubad Ibadoglu the inevitability of a devaluation of the manat, as the price of oil has fallen to $ 26. Everything that is happening now in the foreign exchange and deposit markets negatively affects the monetary policy and the situation of banks.
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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.
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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.
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Starting from November 25, dedicated traffic lanes allocated for COP29 conference participants will lose their exclusive status and will be open to all vehicles, according to the Land Transport Agency (AYNA).
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On Sunday, November 24, variable cloudiness is expected in Baku and the Absheron Peninsula, with occasional overcast skies. There will be fog and drizzle in some areas during the night and morning, and a brief possibility of rain during the day. A moderate southeast wind will blow, changing direction to northwest in the evening.
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