Press Review 07/25/2016

The official newspaper Azerbaijan writes about the cohabitation of different peoples in Azerbaijan. As an example, they show the village Slavyanka in the Gadabay district, in which "tolerance and multiculturalism thrive." The author recalls that the village was founded in 1837 by Russians, who belonged to a religious movement Doukhobors and were exiled from Russia. They recognize only God and do not recognize the church. Currently, the number of inhabitants of the village is 4,300 people. It is in this village that the mineral water Slavyanka famous in the country is produced. The factory for its production employs 50 villagers. 1,260 people have their own plots of land. During the summer season more than 4,000 tourists rest there. Preference is given to "domestic tourism". The cost of living a single day is 10-30 AZN. In the village there are a lot of mixed families, and that tradition continues.

Azadlig has published an article, which refers to the narrowing of the powers of the coming Milli Majlis. The author believes that this is the result of differences inside the power. A member of the Coordinating Center of the National Council of Democratic Forces, Ibrahim Ibrahimli recalls the referendum in 2009, which he regards as "the start of a transition to a constitutional monarchy." "The authorities want to usurp all powers up until the crisis has not gone deep at all," he said.

Yeni Musavat says the closure of four banks in the country and discusses with experts the prospects of the banking sector. According to the expert Akram Hasanov, the situation is not optimistic. He believes that other banks will also be closed. Experts argue that the closure of banks a reason is caused by greed of the managers of the banks, as well as theft and illiteracy. Poor performance of its duties by the Central Bank is also one of the reasons. The expert Gubad Ibadoglu believes that the main reason for the closure is the loss of banks' financial worth and capital adequacy," resulting in a default. Banks will face serious tests, the expert says. -0-