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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The closure of Azerbaijan's land borders was discussed during the parliamentary session on November 25. While the government’s decision cites the coronavirus pandemic as the main reason—despite the World Health Organization declaring its end last year—Zahid Oruj, Chair of the Human Rights Committee in the Milli Majlis, pointed to other factors. He stated, "Opening the borders could result in an influx of hundreds of thousands of non-Azerbaijani refugees due to the Russia-Ukraine war. Additionally, in Iran, many are prepared to cross into Azerbaijan to safeguard their lives and assets amid military strikes. Such waves of refugees could lead to humanitarian, social, and cultural clashes that may threaten political stability."
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On Tuesday, the General Prosecutor's Office announced the initiation of new criminal cases against agricultural product exporters who allegedly concealed their earnings abroad. Specifically, the Sumgayit City Prosecutor's Office has opened a criminal case under Articles 208.2.1 and 208.2.2 (failure to return foreign currency to the country in large amounts by prior agreement of a group of individuals) and Article 308.2 (abuse of office causing serious consequences) against officials of the company "SOİL BOONS" LLC – Jahangir Aliyev, Elyar Gadzhiev, Mehman Mirzamedev, Saleh Gabilov, and Aly Aliyev.
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Rains will continue in Baku and Absheron on 27 November, forecasters said. In places, precipitation will be intense with thunderstorms. Moderate north-west wind.
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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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