The progress of the non-oil sector, the stability of the manat and the factors supporting it, and the debts of SOCAR are the leading topics of today's media.
The newspaper Azerbaijan writes about the development of the non-oil sector, in particular, the increase in exports of agricultural products. The author lists achievements in this field, tells about modern systems in the agrarian sector and creation of agricultural parks, in which more than 200 million manat has been invested.
The preferential loans to entrepreneurs for agrarian works have amounted to more than 100 million manat. The author also tells about the creation of a modern irrigation system on the territory of 50 thousand hectares
The newspaper Novoye Vremya writes about the recent agreements between Azerbaijani and Russian enterprises. Thus, the Russian Gazprombank and SOCAR, with the mediation of the Russian Export Center, signed an agreement on strategic cooperation for further implementation of projects in the sphere of export support from the Russian Federation.
Gazprombank is considering financing the supply of Russian products for the gas processing and gas chemical complex of SOCAR. The amount of the agreement can reach up to 700 million dollars.
The website Azadliq-info writes that all factors supporting the stability of the manat disappear. The economist Gubad Ibadoglu believes that the country's economic indicators are deteriorating.
In addition, the psychological impact on the manat also increases. This is the case with the Russian ruble, the Turkish lira and the Iranian rial. He believes that in such conditions, maintaining a fixed rate of the manat is a political adventure.
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The International Coalition for Democratic Renewal (ICDR) and Forum 2000 Foundation expressed grave concerns over the escalating repression of civil society in Azerbaijan, issuing a joint statement. The groups highlighted the government's intensified crackdown on lawyers, journalists, activists, and human rights defenders, painting a stark picture of a country where dissenting voices are systematically silenced.
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The Times Higher Education (THE), a leading international organization with an audience of 60 million and ranked among the world's top 100 networks in the field of education and skills assessment, has published a comprehensive article titled “Calls for the Release of Azerbaijani Scholar as Climate Summit Begins.” THE, known for its annual ranking of world universities, notes that while a major fossil fuel producer hosts a gathering of global leaders, it is cracking down on dissenters. Human rights groups are urging the Azerbaijani government, which is hosting the COP29 climate conference, to release a scholar detained after criticizing fossil fuel policies.
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On Thursday, overcast weather is expected in the capital will be overcast, with light rain possible in the morning. There will be a moderate southeast wind. The temperature at night will be between +8 and +10°C, and during the day, it will range from +12 to +15°C. Humidity will be 65-75% both at night and during the day. Precipitation will occur in the eastern part of the country. There may be fog in some areas, with a moderate east wind.
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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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