Traditions of tolerance in Azerbaijan, the situation with migration, the level of problem loans and the situation around the International Bank of Azerbaijan are the leading topics of today's press.
The Azerbaijan writes about the Azerbaijani model of tolerance and multiculturalism. The article writes about the recent terrorist attacks in the world and about the Arab-Islamic-American summit. The author believes that the world today, more than ever, needs solidarity, since terrorism has become a great danger. Speaking about Azerbaijan's tolerance, the author cites the Islamic Solidarity Games as an example, and Nakhchivan's announcement as an Islamic cultural capital in 2018.
The Echo published an article on emigration from Azerbaijan
Annually, thousands of Azerbaijani citizens leave the country in search of a better life. Some, however, do not renounce the citizenship of Azerbaijan.
The results of the lottery Green Card - 2018, which entitles you to move to the United States, have been published recently. As it turned out, among the participants from Azerbaijan there were a number of people who earned quite well at home. This once again proves that not always people move because of material problems.
In 2016, the State Migration Service and the Ministry of Internal Affairs registered 3,200 people who arrived in Azerbaijan for permanent residence, as well as 1,700 people who left the country.
The Yeni Musavat again turns to the topic of problem loans. According to official statistics, the volume of problem loans has exceeded one and a half billion manats. The author accuses commercial banks of not doing anything to change the situation. As of May 2017, problem loans were 10.2%, which is about 1.6 billion dollars.
The Novoye Vremya published an article titled Salvation of International Bank of Azerbaijan - Impossible Task? Apparently, the successful restructuring of the obligations of the IBA is considered as a starting point in the fight against the economic crisis in the country. That is, the entire economy of Azerbaijan has become a hostage to the banking sector. To save the International Bank will need to spend the country's gold and currency reserves. Moody's does not trust the calculations on the debts of the International Bank of Azerbaijan. The process of improving the IBA can damage the state budget and prevent financing of foreign projects, said a representative of Moody's. -0--
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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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