Media Review September 18, 2018
The importance of the BTC oil pipeline, which has been operating for 12 years, the reasons for the large difference in interest rates on deposits and credits, the inadequacy of child benefits, and the sale of cars produced in the country to state structures are the leading topics of today's media.
The newspaper Azerbaijan writes about the significance of the Baku-Tbilisi-Ceyhan (BTC) oil pipeline, which has been operating for 12 years.
16 years ago the foundation of this oil pipeline was laid, the author notes, emphasizing the special merit of Heydar Aliyev in this case.
At that time there were attempts to disrupt its construction.
The article also talks about the BTC indicators, according to which about 4,000 tankers filled with oil from BTC have been sent to the world markets so far.
The Yeni Musavat newspaper writes about the sharp difference between interest on deposits and loans.
As of July 1 this year, the loan portfolio of banks and non-bank credit organizations increased by 3.5%, reaching 12 billion 170.1 million manat. However, the sharp difference between interest for deposits and loans has not changed, but on the contrary grows.
AZN deposits also lose their attractiveness, the author writes. Dividends from foreign currency deposits are offered by banks at a rate of 0.1%, and in several banks, deposits in euros are generally accepted without dividends.
According to the expert Vugar Bayramov, accepting deposits at a low interest rate is one of the reasons for the decline in interest in bank savings. He believes there is a need for competition in the banking sector.
The newspaper Novoye Vremya writes about children's benefits, which do not look solid. So, from September 1, 2013, the amount of the allowance to low-income families with a child under the age of one year was set at 45 manat. And this size was maintained until March 1 of this year, when the size of the allowance was increased by 10%.
The website Marja.az writes that cars assembled in Azerbaijan are stored in warehouses. For January-August of 2018 only 311 cars were assembled. According to statistics, in comparison with the same period last year, the production grew by 10.4%.
As of September 1, 131 cars were stored in warehouses.
On August 1 in the village of Lokbatan, veterans of the war and Chernobyl invalids were granted 139 Khazar vehicles.
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After introducing six innovative products to its subscribers in a short time, Bakcell was honoured with the "Most Successful Rebranding" award at the prestigious international advertising and marketing competition "Felis." The award ceremony took place at the traditional "Brand Week" event held on 8 November 2024 in Istanbul.
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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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