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.
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November 8 is celebrated as Victory Day in Azerbaijan. In 2020, Azerbaijan restored its territorial integrity through a 44-day war and a one-day military operation in 2023. Although a ceasefire declaration was signed between the leaders of Azerbaijan, Armenia, and Russia, a peace treaty between Baku and Yerevan has yet to be signed, even four years later.
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On Saturday, rain with heavy showers in some areas is expected in Baku and the Absheron Peninsula. There will be fog in the morning and evening, and the wind will be from the northwest. The air temperature: at night +6°C to +10°C; in the daytime +12°C to +15°C.
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A 32-year-old man, who had threatened to jump off a bridge, blocked traffic on the airport road.
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On 8 November in the capital it will be cloudy, rain is possible at night. In Apsheron, precipitation will be intense with thunderstorms. Wind is south-western, in the morning a slight fog.
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