The success of reforms in the non-oil sector, the level of the shadow economy in the country and the rise in prices on the railroad are the topics of today's press.
The Azerbaijan writes on the success of reform in the non-oil sector, which, according to the author, is the result of the policy. There was an opportunity to develop the economy at the expense of the non-oil sector and increase in exports in 2016, as well as the development of certain industries - sericulture, grain growing, livestock, sugar beet growing and others.
The Echo has published an article titled The Shadow Economy of Azerbaijan in the First Place in the World.
Azerbaijan in 2016 was the first in the list of countries with the largest volume of "shadow" economy. The results of the research showed that the volume of the "informal" sector is estimated at 67.04% of GDP. At the same time, it is projected that by 2025 the situation will improve slightly and the indicators will reach 58.38%. These are the data of the International Association of Chartered Certified Accountants (ACCA).
The Novoye Vremya has published an article on raising prices for rail transport by 20%
The Yeni Musavat writes that the shadow economy is a product of the bureaucratic business. The newspaper cites the data of the International Association of Chartered Certified Accountants (ACCA) in connection with the fact that the volume of the shadow economy is approximately 72%. -0 -----
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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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On Wednesday, rain is expected in the capital during the night and morning hours. The northeast wind will change to the southeast in the afternoon. The air temperature at night will be +7 to +9°C, and during the day, it will reach +10 to +12°C. Humidity will be 70-75% at night, and 60-65% during the day.
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Amid the bustling scenes of this year’s COP29 climate conference, a protest against whaling and deep-sea mining, organized by a group calling itself the FINS Initiative, drew significant attention from delegates and observers. However, questions have arisen about the legitimacy of the group, as an internet search yields little evidence of its existence beyond scattered mentions.
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In the last two days, a "news" story appeared on TikTok about a whale spotted on Baku's seaside boulevard. The most "observant" users posted videos, commenting on the size of the animal. Later, other "witnesses" claimed it wasn't a whale, but a shark. Even later, a version emerged suggesting it was a submarine.
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