The successes of the period of independence, the situation in the banking sector, the future of the manat, and the neglect to pick cotton are the leading topics of today's press.
The Azerbaijan newspaper published an article on the eve of the 25th anniversary of independence, recalling that Ilham Aliyev issued a decree on celebration of this date on the state level.
Further, the author talks about the national public consciousness, the development of traditions, as well as on the progress made during the independence achievements.
The website Azadliq.info wonders about the fate of 2,700 bank people remaining unemployed. The expert Nemat Aliyev recalls that in March, when the exchange offices were closed, thousands of people lost their jobs.
Now banks are mainly engaged in the sale of currency, with the exception of small banking operations. Thus, banking is not fully guaranteed, and actual number of lost jobs in banks is much greater.
Echo published an article The Excitement around the Dollar Saved Azerbaijan from New Devaluation. Many people are wondering when the manat will stop strengthening and begin to become cheaper again. To the surprise of many people, the manat has been growing for the fourth week. Some experts argue that the sharp decline of the manat in the summer occurred as a result of speculative factors. If so, then can we say AZN passed its "critical point"?
According to the expert Fuad Alizadeh, the national currency reached its lowest positive limit. The Central Bank should take all necessary measures in order to prevent a third devaluation in the country. At present, the situation on the foreign exchange market has stabilized. This is largely due to the cost of oil, which has recently been held at the level of 50 dollars per barrel.
Bizim Yol writes about cotton going rotten in the fields and not picked. The neglect to harvest cotton is commented by the economist Gubad Ibadoglu. According to him, this year cotton was planted on 51,000 ha, which is three times more than last year's crop. –0----
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Heavy rains on the night of October 12 trampled the district center of Hajigabul (120 km west of Baku).
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Heavy rains on the night of October 12 trampled the district center of Hajigabul (120 km west of Baku).
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On Sunday, cloudy weather is expected in Baku and on the Absheron Peninsula, with brief rain possible in some areas during the night and morning. A northeast wind will blow. Air temperatures will range from 15-19°C at night and 19-22°C during the day, according to the National Hydrometeorological Service.
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On Saturday, heavy rainfall with thunderstorms is expected in the Absheron region. In the country's regions, unstable weather will continue until October 15. During this time, downpours accompanied by thunderstorms and hail are expected in most areas. Snow is anticipated in the highlands.
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