The main topics in the non-governmental media are social issues, socio-economic life of the country and regional relations.
Official newspapers report on the strengthening of Iranian-Azerbaijani relations, prospects of cooperation between the two countries in the oil and gas industry.
"Azadlig" cites the opinion of an expert Samir Aliyev about the increase by 7% a discount rate by the Central Bank, calling it an expected event. He also argues that it is not the last step. Central Bank raises rates to stop inflation and protect the manat assets.
The expert tells about the country's dependence on imports and the rise in price of the dollar promises high inflation. Reducing the cost of some commodities will not be able to prevent inflation. National Bank recently reduced the money supply, and the government is trying to control the situation administrative measures.
"Novoye Vrema"- the European Central Bank decided to close the Latvian "Trasta Komersbank", which has a branch in Azerbaijan. This branch is involved in the scandal with money laundering.
"Bizim Yol" wrote that about a hundred clients of the "Texnikabank" have faced the fraud by Zal Yusifov, the head of the Baku branch of this bank, and his son Ilham. The two men have misappropriated 36 million AZN, that belonged to 81 depositor. Both were arrested, but Ilham Yusifov, without paying damages was dismissed, but the investors have expressed their dissatisfaction. Investors have also been threatened by former employees of the Ministry of National Security, so they did not demand the return of the money.
Yeni Musavat" writes about the gas agreement between Azerbaijan and Georgia. The newspaper sees this as an attempt of "SOCAR to protect its market. Georgian Energy Minister Kakha Kaladze said that there is no more a need to purchase gas from Iran. Thus, of SOCAR was able to consolidate its position in Georgia, despite the high price.
Social
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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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