The opening ceremony of the IV Islamic Solidarity Games, the high prices of food, the reasons for the decline in lending, and the impact of devaluation on poor families are the topics of today's press.
The Azerbaijan writes about yesterday's opening of the IV Islamic Solidarity Games in Baku and reminds of the upcoming major international competitions in Baku.
At the present Islamic Games, athletes will play 269 sets of medals, and Azerbaijan will be represented by 425 athletes. The Games will be watched supposedly be more than a billion viewers from over 50 countries.
The Echo published an article on the growth of prices for food.
With the onset of the economic crisis, domestic products, which are produced from imported raw materials, have risen in price by 25-100%.
Some types of cereals, seafood, butter and sausages are constantly becoming more expensive. The same goes for domestic vegetables and fruits, which are also abnormally expensive.
The Novoye Vremya continues to write about the problems of bank loans. According to statistics, lending to the economy is declining. Thus, credit investments in the economy as of April 1, 2017 are estimated at 15 billion 789 million manats. At the same time, interest rates on loans are growing.
The Yeni Musavat discusses with the experts the situation of low-income families against the backdrop of the crisis in the country. The purchasing power of the population has decreased by 25%. To stabilize the situation, Azerbaijan should develop exports and services, and improve the banking sector. Experts note that to protect the poor, no specific decisions have been made, despite a significant increase in prices. -0----
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- Photo sessions
- 13 May 2017 06:06
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- Social
- 13 May 2017 11:04
Social
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On November 1, the weather in the capital will be cloudy, with light rain in some areas during the night and morning. There will be a moderate southwest wind. The temperature at night will range from +7 to +10°C, and during the day it will be +12 to +15°C. Humidity will be 70-80% both at night and during the day. No precipitation is expected across the country. There may be fog in some areas, with a moderate west wind.
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After introducing six innovative products to its subscribers in a short time, Bakcell was honoured with the "Most Successful Rebranding" award at the prestigious international advertising and marketing competition "Felis." The award ceremony took place at the traditional "Brand Week" event held on 8 November 2024 in Istanbul.
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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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