The significance of the International Caspian Oil and Gas Exhibition, the reasons for non-provision of loans by banks, the state of the economy, and the appreciation of the dollar are the leading topics of today's press.
The Azerbaijan writes about the traditional oil and gas exhibition and its role in the energy sector of the region. The author recalls that the organization of such exhibitions was possible after the signing of the "contract of the century" in 1994.
The Echo published an article on non-provision of loans by banks.
Banks do not talk about this openly, but in practice they do not issue loans. As they are afraid of no return, they cannot give out credit cards to everyone.
The Financial Market Supervision Authority has obliged banks to issue loans only if the borrower has an income equal to a three-fold subsistence minimum.
The Novoye Vremya writes on the role of oil prices in the country's economy.
Apparently, the economy is not going to grow, but its fall is quite expected. In addition, Moody"s Investors Service lowered its forecast for Azerbaijan's economic growth for 2017.
The Yeni Musavat is discussing whether the dollar will go up after the Islamic Solidarity Games. The author claims the government is interested in keeping the dollar rate at the same level. Experts note that it is impossible to link the manat rate only to Formula One.
There is also a factor of increase in the USD interest rate in the US. By the end of this year, the dollar can grow to 1.92 manats. -0-----
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On January 11, the weather in Baku will be changeable, with no precipitation expected. In some areas of the Absheron Peninsula, short-term rain showers are possible in the morning. A moderate southwest wind will blow.
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Aiming to provide the best digital experience for its customers “Azercell Telecom” LLC enhancing the technological capabilities of its mobile app. Now, Azercell subscribers can easily discover and take advantage of personalized offers directly within the app.
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In 2017, the Sumgayit City Court ruled to evict the Aliyev family—refugees from Gubadli (Akper, Sarvinaz, Ramil, and two other family members)—from an illegally occupied apartment in the 12th microdistrict, Building 7A, Apartment 35. The court ordered the property be returned to its rightful owner, Samaya Aliyeva. However, the Ministry of Justice intervened, citing a presidential decree from July 1, 2004, which approved a state program for improving the living and working conditions of refugees. Under this directive, refugees without alternative housing cannot be evicted until they are provided with a replacement residence by the Executive Authority.
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On January 10, the weather in Baku and the Absheron Peninsula will be cloudy, with no precipitation. A moderate southeast wind is expected. At night, temperatures will range from +5°C to +8°C, and during the day, from +9°C to +14°C. Humidity will be 80-85% at night, and 65-70% during the day.
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