The Tehran meeting of the Presidents of Iran, Azerbaijan and Russia, a look at deposit auctions, and unsystematic export are the leading topics of today"s press
The newspaper Azerbaijan writes about the meeting of the Presidents of Iran, Azerbaijan and Russia in Tehran. The meeting in this format is a time-consuming task if we take into account the ongoing processes in the world and instability in the Middle East. The article highlights the cooperation of the three countries in the fields of energy, transport and others.
The newspaper Echo published an article entitled: Auctions to Support Manat Harmful to Azerbaijan"s Economy. At the last CBA deposit auction on October 30, the demand was 3.7 times higher than the supply. This suggests that Azerbaijani banks are eager to work with the Central Bank and do not want to deal with the population and entrepreneurs. Withdrawal of funds from the banking system will stop economic growth. The financial market is almost closed, and lending is suspended. A deposit auction is a double-edged sword. The volume of problem loans in banks is growing every month.
Azerbaijan"s GDP is also falling. Because of this, private banks do not want to give out loans. The safest way to save and increase capital is the CBA deposit auction. The risk of losing money is minimal, and the conditions are quite profitable, so banks gladly give their capital to the regulator.
The newspaper Novoye Vremya published an article on exports, the growth of which is detrimental to the economy. This leads to an increase in prices in the domestic market, the author believes.
There must be a clear program of action for the export of our goods. The government or any particular ministry is not able to develop such a strategy yet.
Social
-
The project for the creation of a transport interchange center at the “Koroglu” metro station has been prepared and agreed upon by the Land Transport Agency (AYNA). This is done for the comfort of passengers traveling to suburban towns of the capital, press-release of the agency stated. Currently, the bus stop is located on the opposite side of the road from the “Koroglu” metro station.
-
On May 3, temperatures and precipitation are expected to decrease in Baku and Absheron. According to forecasters, rains are expected by Friday evening, and the north-westerly, gusty wind. The air temperature at night will be +10+15, and during the day it will be +18+22 degrees.
-
On May 1, the United States Treasury Department announced a new wave of sanctions aimed at entities supporting the Russian military-industrial complex, significantly broadening the scope of its restrictive measures amid ongoing tensions with Russia.
-
The trainings organized by Azercell for vulnerable women's groups continue Azercell and the "Reliable Future" Public Union organized the next training session within the "Create the Future with Your Own Hands" project framework. The training was held in the "Clean World" Aid to Women Public Union shelter for women and young girls. During the program, the professionals from Azercell Academy offered information to participants about the "soft skills" - internal motivation, communication, empathy, and emotional intelligence. The residents of the women's shelter received advice from specialists on their goals, career, and education plans.
Leave a review