Relations between Azerbaijan and Europe, the level of dollarization in the country, the export of Turkey's agrarian products to the Russian market and the possible consequences for Azerbaijan are the leading topics of today's press.
The Azerbaijan newspaper confirms the impossibility of pressure on Azerbaijan, which conducts an independent policy. The author believes that 2018 is significant for Azerbaijan because of the presidential elections and the Formula-1 competitions.
The author draws a parallel between the processes in Armenia and the situation in Azerbaijan.
The article also talks about anti-Azerbaijani and pro-Armenian circles and Islamophobia, and criticizes the PACE report on corruption.
The Echo newspaper writes that today nobody saves money in AZN. The level of dollarization in Azerbaijan is one of the highest among the CIS countries.
From year to year, the US currency has been strengthened in the Azerbaijani economy. This is due to the instability of AZN. For large payments, the level of dollarization is approaching 100%. By the way, unofficial payments are made not in the national currency, as before, but in dollars. A high level of dollarization can undermine the financial basis of the state.
The Yeni Musavat newspaper discusses the possible consequences of admission of Turkish goods to the Russian market for Azerbaijan. As you know, 2 years ago, a ban was imposed on the import of tomatoes from Turkey to Russia. Before that, Turkey provided the Russian market with agricultural products by 50%. Between both countries, the trade turnover of agricultural products was about 50 billion dollars. As for the ensuing ban on the import of Turkish goods to Russia, the author regards it as political pressure. This can lead to the fact that Azerbaijanis will have to sell their products in the domestic market, which is beneficial for the local consumer.
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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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An operation at Istanbul Airport has revealed an incident that could strain diplomatic relations. Kahraman Shamil oglu Mammadov, alleged to be an Azerbaijani military attaché, was caught with 70 kilograms of gold. According to Turkish media, Despite Mammadov's claims that he is a diplomat, it is believed that the incident is related to gold smuggling.
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On a brisk November evening, the residents of Baku gathered along the waterfront of the Caspian Sea, stunned by what appeared to be the washed-up body of a colossal whale. At 16 meters long, the creature’s seemingly lifeless form and pungent odor left many convinced they were witnessing an ecological tragedy. By that night, however, the mysterious visitor had departed, loaded onto a cargo platform and whisked away to the airport.
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