Business and journalism, the state of local banks, and the Karabakh conflict are the themes of today's media.
The official newspaper Azerbaijan has published an article, which refers to business problems. Azerbaijani entrepreneurs face problems in their development due to bureaucratic delays, unfair and inappropriate inspections and arbitrariness of the inspection bodies, of which the entrepreneurs do not dare complain. According to the newspaper, the way out is in the unity of business people and journalists, and the joint solution of problems.
Azadlig writes the contradictions between the National Bank and the Ministry of Finance will result in the death of the banking sector. At the heart of the conflict are the bonds issued by the Ministry in February this year. Banks intend to appeal to the Head of State and the head of the National Bank due to the fact that these bonds strike the banking sector. The guarantor of the bonds is the state, while banks are the guarantors of deposits. In this situation, citizens may prefer to buy bonds instead of investing money in banks, which will lead to the collapse of banks.
So, now the banks offer the citizens 12% of interest from deposits per year, and the income of the bonds is 17%.
Yeni Musavat analyzes the situation around the Karabakh conflict and the Kremlin conditions on this issue. It seems Armenia intends to maintain the status quo and not to release the occupied lands.
One of the leaders of the Kremlin’s Eurasian Union project, Alexander Dugin argues that if Armenia and Azerbaijan join the Eurasian integration project, Russia will begin active work to resolve the conflict. Armenia has already done it, so it is the turn of Azerbaijan. –0--
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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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