Place of Azerbaijan as a leader in the region, raising the discount rate of the dollar and its impact on the manat, and problems of the economy are the leading topics of today's press.
The newspaper Azerbaijan continues to write about the leadership of Azerbaijan in the South Caucasus, its place and role in the region. The newspaper writes that Azerbaijan's budget is 4 times greater than that of Armenia and 2.5 times more than in Georgia.
The website Azadliq.info writes about the latest increase in dollar interest rates, which affects the manat. Experts believe that the demand for the dollar will rise. In addition, this decision will have a significant impact on the reserves of the Central Bank. The government should find a solution to stimulate the economy.
Novoye Vremya has published an article about the unreasonable spending of petrodollars. The figures confirm the decline in living standards of the population, and especially the poor and the most vulnerable ones.
In 2014, the population of Azerbaijan purchased goods totaling 22 billion manat, and last year - 25 billion 721 million manat. Almost 50% of the costs are for food that speaks of the poverty.
Yeni Musavat is discussing the situation in the country with the economist Gubad Ibadoglu. According to him, decline is observed both in the GDP and the non-oil GDP. The expert also analyzes the Federal Reserve System's decision to increase the discount rate of the dollar.
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Variable cloudiness is expected in Baku and Apsheron peninsula on Sunday, 28 July.
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As part of the struggle against illegal migration in Baku city, operative actions were carried out at different addresses. The Interior Ministry reports that employees of the Department for Combating Illegal Migration identified and detained 34 foreigners without documents giving the right to reside and stay on the territory of Azerbaijan.
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On July 25, the Azerbaijani Ministry of Defense accused Armenia of "provoking" by deploying heavy weapons in Kalbajar and quadcopters in the Tovuz direction. The ministry also expressed dissatisfaction and concern over Armenia's military cooperation with Western countries.
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During the operation of the Main Drug Control Department of the Ministry of Internal Affairs, 5 members of an organized group engaged in drug trafficking were detained. All of them have previous convictions: Bahlul Ismayilov, Royal Aliyev, Khayal Aliyev, Samir Aghayev, and Ali Mammadli.
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