The country's media focuses on the coronavirus pandemic and its economic and financial consequences. The measures taken have created problems in a number of areas, experts suggest ways out.
The newspaper Azerbaijan discusses with an expert Vusal Gasimli how the pandemic affects supply and demand. Thus, the pandemic slowed down the growth of supply and demand. Despite this, real growth will be possible in the GDP of Azerbaijan in the first quarter of the year. The main drivers will be the non-oil sector, communications and information services.
The site “Müsavat.com” discusses the fall in oil prices, as the situation in the global oil market is increasingly aggravated. Brent crude oil fell 6.61% ($ 1.74) to $ 24.60, while WTI crude oil lost 5.66% ($ 1.28) and is currently selling at $21.32.
The completion of the OREK + agreement will be in April and countries intend to increase production, which will further reduce the price. Some analysts predict a drop in price to $ 15-10 per barrel.
If the peak of the pandemic ends in April, demand will increase, which means prices will jump.
Bizimolinfo.az website ”is discussing with MP Vahid Ahmedov the issue of freezing government prices for bread, meat and sugar. He claims that under quarantine and falling oil prices over the course of a month, food price stability can be maintained.
There are enough products in the country, and import continues. However, it cannot last so long and prices can jump sharply. Therefore, you can use the experience of Russia and freeze prices for meat, bread, sugar and other food products.
Entrance to Baku is closed and farmers cannot bring fruits and vegetables, this will also cause higher prices. The MP believes that this issue should be resolved in the near future.
The Yeniavaz.com website is discussing with MPs Fazil Mustafa and Hikmet Babaoglu what citizens will do who will not be able to pay utility bills due to the quarantine regime. Both deputies believe that it is necessary to introduce a delay in this matter until the situation is restored. This can be done in the form of a social package. This will be temporary, but it will be able to alleviate the situation, MPs say.
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On Tuesday, rainy weather with thunderstorms and moderate northwest wind is expected in the Baku, according to meteorologists. The rainy weather will continue untill Wednesday evening. The air temperature at night will be +7 to +10°C, and during the day, +11 to +13°C. The humidity will be 80-90% at night and 70-80% during the day. Rain with thunderstorms will also affect other parts of the country. Snow is expected in mountainous areas. There will be fog in places, with westerly winds.
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Industry leaders from Google, Ambition Loop, and Azerbaijan Railways joined Azercell to explore corporate responsibility, innovative solutions, and collaborative approaches to advancing sustainability
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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.
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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.
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