The importance of Islamic Solidarity Games in the Islamic world, the dependence of AZN on oil, the situation around the International Bank of Azerbaijan (IBA), and accidents at work are the leading topics of today's press.
The Azerbaijan writes about the significance of the Islamic Solidarity Games for the Islamic world and about Azerbaijan's contribution to this process. This strengthens Azerbaijan's position in the world arena, the author asserts.
The Echo published an article entitled Azerbaijan Late with Devaluation of National Currency? The rate of the Azerbaijani manat again depends on petrodollars today.
Today, there are two active players, the Central Bank and the State Oil Fund, active in the foreign exchange market. And the CBA has been engaged in games for almost a year, while the only donor is the Oil Fund. This alignment shows the dependence of the economy on oil.
To keep the manat rate stable, it is important to carry out institutional reforms and reduce the financial burden on the state budget. Azerbaijan should have reduced the manat rate long ago, and the strategy for strengthening AZN was completely wrong.
The Novoye Vremya published an article titled Echo of Default Comes Out in Kazakhstan. The corruption and plundering of the International Bank of Azerbaijan (IBA) and the inability to effectively manage this bank has led to the fact that pensioners of Kazakhstan may suffer. After all, the IBA owes 220 million USD to Kazakhstan JSC Unified Accumulative Pension Fund, which bought bonds of the IBA.
The Bizim Yol writes 13 people have been killed in accidents at work this year. From January to April this year, a total of 43 accidents occurred in the workplace, and 13 of them were lethal.
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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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