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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An online meeting of civil society activists focused on the human rights situation in Azerbaijan, convened on the initiative of the Justice Solidarity Committee, highlighted significant concerns over the detention of journalists, political activists, and opponents of the war. The gathering, held on August 30, coincided with the International Day of Remembrance of the Missing and underscored the ongoing challenges facing both Azerbaijani and Armenian societies in the wake of the Karabakh conflicts.
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No precipitation is expected in Baku and on the Absheron Peninsula; the northwestern wind will change to a southeastern wind during the day. Air temperatures will range from 21-26°C at night and 33-38°C during the day, according to the National Hydrometeorology Service of the Ministry of Ecology.
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A fire has erupted at the Experimental and Testing Production of the Scientific Research Institute of SOCAR (the state oil company) in the Surakhani district of Baku, the Ministry of Emergency Situations reported. "Thanks to the urgent and necessary measures taken by the Ministry of Emergency Situations, the spread of the fire to neighboring areas, including nearby residential buildings, has been prevented," the statement reads. Efforts to extinguish the fire are still ongoing.
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In September, the average monthly air temperature in Azerbaijan is expected to be close to the climatic norm. Precipitation levels will also be near the norm, but in some areas, they will exceed it, according to the September forecast from the National Hydrometeorological Service.
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