The 21-st anniversary of the adoption of the Constitution, the devaluation of the manat, and the passivity of the government are the leading topics of today's press.
"Azerbaijan" newspaper publishes article devoted to 21 anniversary of the Constitution. The author makes a brief historical excursion into the period of preparation and adoption of the Constitution, noting the role of Heydar Aliyev in this. During the existence of the Constitution, three times have been made changes and additions: 2002, 2009 and 2016.
Website "Azadlıqinfo" writes about an artificial increase in prices. Previously, the government denied or criticized the price increase. Now it does not happen. The author criticizes the new duties on imported products, which contributes to higher prices. It turns out that the authorities themselves create the conditions for this. From a purely economic statements, the author passes to political ones, noting that there is no power, relying on the people in the country.
"Echo" published an article about the fall of the manat, which may collapse during the year by 15%. The fate of Azerbaijani currency is closely linked to oil, since oil is the main export commodity, says chief currency strategist at Saxo Bank, John Hardy.
"New Times" published an article about the poor state of the economy. The Azerbaijani government is trying to reassure everyone, including its own citizens, that the economy is growing steadily. But the facts tell a different story. The European Bank for Reconstruction and Development (EBRD) forecasts average annual inflation in Azerbaijan at the level of 10.2% by the end 2016. The Bank also notes the need for deeper structural reforms to improve the business environment in non-oil sector of Azerbaijan.
Social
-
On Sunday, December 22, changeable cloudy weather is expected in Baku and the Absheron Peninsula. Drizzle is possible during the night and morning in some areas of the peninsula. Moderate southwest winds will prevail. The air temperature will be 5-8°C at night and 9-11°C during the day, according to the National Hydrometeorological Service of the Ministry of Ecology.
-
Baku, often called the "Caucasian Dubai," is increasingly known for systematic violations of residents' housing rights. During urban renovations and the construction of elegant new buildings, thousands of families in Azerbaijan’s capital have been unlawfully deprived of their homes. Many, recognizing the futility of resistance, settle for inadequate monetary compensation for their irreplaceable property. A minority, placing faith in the Housing Code, demand fair compensation from construction companies but often lose everything—both their homes and any form of recompense.
-
Azerbaijani team prepares to compete in three prestigious international Olympiads The preparation of young programmers representing Azerbaijan in international Olympiads continues successfully. In collaboration with Azercell, the Ministry of Science and Education, and the Institute of Education, the latest “Informatics Camp” was held at the Baku Higher Oil School.
-
Last night, three earthquakes occurred along the Armenia-Azerbaijan border with magnitudes of 4.8, 3.0, and 3.8, according to the Republican Center for Seismological Service of the National Academy of Sciences of Azerbaijan. The Ministry of Emergency Situations reported no information about any destruction or casualties as a result of the earthquakes.
Leave a review