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The situation on the real estate market, the strangeness of compensation in connection with the pandemic, the situation on the world oil market are the topics of today's media.
The real estate market is unfreezing
The site “Sfera.az” writes about the activation of the real estate market. The author recalls the serious passivity this year due to the pandemic, the collapse in oil prices and the likelihood of devaluation. All this affected the issuance of loans by banks. In April, the situation changed a bit. In Baku in April, the secondary housing market grew by 2.5%, and the primary market - by 2.76%. The land market grew by 9.12%. In 2019, activity in the real estate market was twice as high.
What does the businessman complain about?
The site “Azpolitika.info” writes about oddities with compensations of 190 manat. According to the action plan of the Cabinet, for April-May compensation should have been received by 300 thousand employees in the amount of 215 million manats. At the same time, private entrepreneurs should have received 80 million manats.
However, entrepreneurs claim that compensation is paid for only 1 month. May is already ending, but there is still no news of the payment for the second month.
The Ending Oil War
The Bizimyol.info website discusses the never-ending “oil war” between Russia and Saudi Arabia. The conflict upset the balance in the global market. Today, a barrel of brand “Brent” is not sold for more than 35-36 dollars. Russia accuses Saudi Arabia of postponing a two-month decline in oil production.
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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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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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