The transformation of Azerbaijan into a logistics center, the mass closure of workplaces, the failure of banks, and the high cost of food are the leading topics of today's press.
The Azerbaijan newspaper writes that the country is becoming an important logistics center of the Eurasian space and creates free trade zones at the border with the neighboring countries. The implementation of such projects in the near future will expand the volume of cargo transported through Azerbaijan.
The website Azadliq.info writes about 312,000 people that lost their jobs this year. The author criticizes the government's claims about the alleged opening of new jobs and the conclusion of 339,000 contracts of employment. This figure has nothing to do with reality.
Echo publishes an article about bankruptcy of banks. The crisis in the banking sector of Azerbaijan raises a lot of questions, and above all, the question of who is responsible for this. Many experts believe that it is, above all, the bankers themselves.
One of the main issues is a growing number of bad loans, which were issued to citizens at abnormally high interests, reaching up to 30%.
Novoye Vremya writes about the rise in food prices, which is directly related to the lack of real reform.
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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.
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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.
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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.
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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.
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