Official newspapers write about Ilham Aliyev’s receptions.
The Azadlig cites the opinion of the expert Samir Aliyev that people will withdraw their dollar deposits from banks due to the fact that the level of insurance of these deposits has reduced. At present, 85% of the bank deposits in the country are in foreign currency.
The Bizim Yol believes that the strategic currency reserves of the country are in danger. The Oil Fund earns a minuscule from its assets and the central bank is spending foreign exchange reserves to maintain the exchange rate of the manat.
The Fund's assets decreased from 37 billion to 33 billion dollars, the expert Rovshan Agayev said. In his opinion, it is also an indicator of reduced investment.
The Yeni Musavat claims that Yerevan is concerned about the acceleration of the timing of opening the railway North-South between Azerbaijan, Iran and Russia.
Armenia is trying to connect its railways with Iran to get out of the blockade. However, this requires billions of dollars in investment.
The Novoye Vremya writes that on the eve of Novrooz, the prices are rising. Official statistics show food inflation at 5%. However, the usual shopping shows that over the past year products have risen in price by 25-30%. –0--
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- 3 March 2016 10:48
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On Sunday, December 22, changeable cloudy weather is expected in Baku and the Absheron Peninsula. Drizzle is possible during the night and morning in some areas of the peninsula. Moderate southwest winds will prevail. The air temperature will be 5-8°C at night and 9-11°C during the day, according to the National Hydrometeorological Service of the Ministry of Ecology.
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Baku, often called the "Caucasian Dubai," is increasingly known for systematic violations of residents' housing rights. During urban renovations and the construction of elegant new buildings, thousands of families in Azerbaijan’s capital have been unlawfully deprived of their homes. Many, recognizing the futility of resistance, settle for inadequate monetary compensation for their irreplaceable property. A minority, placing faith in the Housing Code, demand fair compensation from construction companies but often lose everything—both their homes and any form of recompense.
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Azerbaijani team prepares to compete in three prestigious international Olympiads The preparation of young programmers representing Azerbaijan in international Olympiads continues successfully. In collaboration with Azercell, the Ministry of Science and Education, and the Institute of Education, the latest “Informatics Camp” was held at the Baku Higher Oil School.
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Last night, three earthquakes occurred along the Armenia-Azerbaijan border with magnitudes of 4.8, 3.0, and 3.8, according to the Republican Center for Seismological Service of the National Academy of Sciences of Azerbaijan. The Ministry of Emergency Situations reported no information about any destruction or casualties as a result of the earthquakes.
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