Regional relations, discount rate of the National Bank, and its effect on the rate of manat are the leading topics of today's press.
The official newspaper "Azerbaijan" published an article entitled "The big contribution to regional cooperation", which refers to the foreign policy of Azerbaijan, which is based on pragmatism and mutual cooperation. Azerbaijan's strategic goal is strengthening the country's independence. The article tells about Azerbaijan’s relations with Russia and Iran. The author believes that Azerbaijan is the only country in the South Caucasus, which has established equal relationship with Russia. The author also believes that a successful politics is carried out towards Iran.
"Azadlig" published an article entitled "Is Central Bank able to protect AZN?" in which the expert Samir Aliyev speaks about the increase by the Central Bank the degree of manat rate. He recalled that the first time the discount rate was raised to 7.5%, but this time to 10%. However, the unofficial figure could be higher, he said. He also argues that the fall in exchange rate of manat has nothing to do with the accounting degree.
"Yeni Musavat" writes about the situation of the stadiums in the country, arguing about on what are spent the allocated money. The author states that the climatic conditions in the country are favorable for the construction of fundamental stadiums. Author named among the serious problems the green cover of stadiums in the country. Green cover is of good quality only in the Gabala stadium, because the British experts working on this issue. It is necessary to change coverage in three main stadiums of the country, the author believes.
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- Politics
- 8 August 2016 11:05
Social
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On Tuesday, rainy weather with thunderstorms and moderate northwest wind is expected in the Baku, according to meteorologists. The rainy weather will continue untill Wednesday evening. The air temperature at night will be +7 to +10°C, and during the day, +11 to +13°C. The humidity will be 80-90% at night and 70-80% during the day. Rain with thunderstorms will also affect other parts of the country. Snow is expected in mountainous areas. There will be fog in places, with westerly winds.
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Industry leaders from Google, Ambition Loop, and Azerbaijan Railways joined Azercell to explore corporate responsibility, innovative solutions, and collaborative approaches to advancing sustainability
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The COP29 conference concluded in Baku, leaving behind a trail of controversy and criticism. Renowned historian Jamil Hasanli characterized the event as a vivid reflection of governance problems in Azerbaijan under President Ilham Aliyev. Hasanli, a staunch critic of the administration, described COP29 as an expensive spectacle that exposed systemic failures and intensified international scrutiny of Azerbaijan's political and economic structures.
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President of the European Parliament Roberta Metsola has invited Azerbaijani economist and political prisoner Professor Gubad Ibadoglu to Strasbourg to attend the 2024 Sakharov Prize award ceremony. The invitation, delivered by Member of the European Parliament Michael Bloss at the COP29 climate conference, comes as Ibadoglu remains under house arrest and prohibited from leaving Azerbaijan.
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