Azerbaijan-German relations, reduction of non-residents' deposits in Azerbaijani banks, increase in external debts of state-owned companies are the leading topics of today's press.
The newspaper "Azerbaijan" writes about the visit to the country of German Chancellor Angela Merkel on August 25. This visit creates opportunities for discussing the prospects for bilateral relations.
The author emphasizes Azerbaijan's leadership in the region, cites Merkel's speech three years ago, that with the dynamic development of the Azerbaijani economy, the importance of this country as a partner of Germany increases.
Further, the author speaks about the importance of major international projects with the participation of Azerbaijan for Europe as a whole.
The article notes that the trade turnover between the two countries is about 1 billion dollars. Last year Azerbaijan's share in the total trade volume of Germany with the countries of the South Caucasus was more than 60%.
The site "Bizim yol.info" writes that foreigners' deposits in the banks of Azerbaijan are decreasing. This issue is commented on by expert Parviz Heydarov.
He believes it is early to speak about the return of confidence to banks. Several foreign companies left the country, which also reduces confidence and reduces the contributions of foreigners in the country's banks.
The "Modern.az" website discusses why the external debt of Azerbaijan is growing. The reasons are explained by expert Gadir Ibrahimli. For April 1 of the current year, the debt was 9 billion 643 million dollars or 16 billion 393 million manats.
The expert asserts that, in relation to the volume of GDP produced in the country, external debt is not so great and there is no cause for concern. There are two reasons for the growth of debt. First, the state assumed the debts of Interbank, the second - the financing of the project "Southern Gas Corridor".
Anxiety creates an increase in external debts of state structures. "Azerbaijan Railways" has a debt of about $ 500 million, "Azerenerji" - about $ 1 billion, SOCAR - about $ 10 billion, and so on.
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On November 12, the summit of world leaders commenced at the 29th session of the Conference of the Parties (COP29) of the United Nations Framework Convention on Climate Change (UNFCCC) in Baku. According to "Euronews," citing sources from the UN, the event is attended by around 100 heads of state.
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On Wednesday, rain is expected in the capital during the night and morning hours. The northeast wind will change to the southeast in the afternoon. The air temperature at night will be +7 to +9°C, and during the day, it will reach +10 to +12°C. Humidity will be 70-75% at night, and 60-65% during the day.
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Amid the bustling scenes of this year’s COP29 climate conference, a protest against whaling and deep-sea mining, organized by a group calling itself the FINS Initiative, drew significant attention from delegates and observers. However, questions have arisen about the legitimacy of the group, as an internet search yields little evidence of its existence beyond scattered mentions.
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In the last two days, a "news" story appeared on TikTok about a whale spotted on Baku's seaside boulevard. The most "observant" users posted videos, commenting on the size of the animal. Later, other "witnesses" claimed it wasn't a whale, but a shark. Even later, a version emerged suggesting it was a submarine.
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