The position of Azerbaijan in the global energy security system, the reasons for non-repayment of loans, the probability of transition to a floating exchange rate of the manat and increase in the number of suicides are the leading topics of today's press.
The Azerbaijan newspaper writes about the country's place and role in ensuring global energy security. The author claims that Azerbaijan has ensured its energy security and has become one of the guarantors of the energy security of Europe. The author speaks of transnational projects and Azerbaijan's role in them.
The website Azadliq.info writes about credit debts, which have become one of the main reasons for the closure of a number of banks, according to experts. The total amount of loans in the country is about 17-18 billion manat. Of these, 80% are dollar-denominated loans. Devaluation is a major factor in the closure of banks.
Echo has also published an article about the plight of the manat, whose artificial exchange rate is supported by the Central Bank. However, the rate actually had to fall long ago. Commercial banks buy currency for AZN 1.78, while the official exchange rate is AZN 1.7146 per USD.
In fact, the dollar rate is going to 2 manat and in the past six months there has been soft devaluation. From the standpoint of economic theory it is wrong, but in terms of social policy it is a necessary measure. The level of people’s living is low, and if the government lets it uncontrolled, there will be a disaster. Therefore, it is necessary to adjust the exchange rate, according to the author.
Novoye Vremya has published an article about suicides, which have become a social problem in Azerbaijan and affect all segments of the population, irrespective of age, religion or social status. The cause of suicides is not always the economic crisis, but also the violated rights of citizens.
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On November 16, the weather in the capital will be overcast, with possible rain in the evening in some areas. There will be fog in the morning and evening. A moderate south-western wind will shift to a north-western direction. At night, the temperature will range from +9°C to +11°C, and during the day, it will be between +14°C and +18°C. Humidity will be 70-80%.
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On November 1, the weather in the capital will be cloudy, with light rain in some areas during the night and morning. There will be a moderate southwest wind. The temperature at night will range from +7 to +10°C, and during the day it will be +12 to +15°C. Humidity will be 70-80% both at night and during the day. No precipitation is expected across the country. There may be fog in some areas, with a moderate west wind.
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After introducing six innovative products to its subscribers in a short time, Bakcell was honoured with the "Most Successful Rebranding" award at the prestigious international advertising and marketing competition "Felis." The award ceremony took place at the traditional "Brand Week" event held on 8 November 2024 in Istanbul.
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The International Coalition for Democratic Renewal (ICDR) and Forum 2000 Foundation expressed grave concerns over the escalating repression of civil society in Azerbaijan, issuing a joint statement. The groups highlighted the government's intensified crackdown on lawyers, journalists, activists, and human rights defenders, painting a stark picture of a country where dissenting voices are systematically silenced.
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