Official newspapers write about official receptions of the President, while the non-governmental media focus on the financial and banking system of the country and social problems.
The Azadlig leads an expert opinion on the central bank foreign exchange auctions. According to Oktay Hagverdiyev, currency is sold at auction at a high rate. The banking system has lost its balance and does not act on the basis of economic laws.
Most commercial banks' owners do not understand the banking and think only about the credits, Hagverdiyev said.
The expert Gubad Ibadoglu believes that the Oil Fund stuffing of $ 400 million monthly in the market does not satisfy the needs.
Currently, the debts of banks, public and private companies in Azerbaijan to foreign banks exceed 10 billion dollars. The expert considers it impossible to meet the needs at the expense of National Bank and the Oil Fund.
Novoye Vremya writes that there is a shortage of cigarettes in Baku shops. The author writes about the cigarette sale ban for cash, and for this reason retailers do not deliver cigarettes to the retail network.
After the second devaluation the smokers were forced to embark on a search for cheaper smokes, which, in turn, paved the way for smuggling cigarettes.
In Azerbaijan, people spend 8.3% of their daily income on cigarettes and there is growth of the illegal cigarette business, which brings a huge profit. Thus, 3-5 vehicles with cigarettes cross the border daily and 20 monthly. The net income of smugglers in this sense is 10 million Euros a month.
The Yeni Musavat writes that in the current crisis situation, the issue of Azerbaijan's membership in WTO becomes relevant. The expert Natig Jafarli says that all countries are negotiating to join the WTO. However, Azerbaijan since 1997 has been doing everything not to go there, citing the protection of the internal market.
The expert believes that in order to protect the domestic market we need to strengthen the new production and not rejection of the WTO. The WTO is sabotaged by high-ranking officials, as new customs and tax rules consistent with international standards are required.
The Bizim Yol: The Head of the State Commission Maleyka Abbaszadeh said that in January of this year, she sent to the Office for Combating Corruption materials and complaints related to her former spokesman Elnur Nagizadeh. She also said that the State Commission has nothing to do with his scam and falsification of documents.
Social
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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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