The industrial development in Sumgait, the growth of the country's external debt, and the material and moral inefficiency of the sports competitions held in the country are the leading topics of today's press.
The newspaper Azerbaijan writes about the industrial development of Sumgait and about the implementation of major modern projects in this city.
Productivity in comparison with the previous year increased by 34%, amounting to 1 billion 81 million manat. In comparison with 2016, production in the chemical industry increased by 128%, metallurgical production - by 100%, food industry - by 111%, energy production - by 169%, construction materials - by half, and light industry - by 2.3%.
The newspaper Novoye Vremya published an article on the growth of public debt, which as of January 1, 2018 amounted to $ 9,398.3 million or 22.8% of GDP.
In 2017, the external public debt increased by almost 34%.
Alarming is not so much the state debt itself, but the negative tendency of its rapid growth.
The website Azadliqinfo.az writes about the ineffectiveness of holding Formula-1 competitions in Baku. The majority of citizens consider such kind of competitions, as plundering of the state budget and national means.
All the latest international competitions held in Baku never yielded the promised benefits. The authorities openly admit that the conditions for holding the Formula-1 races are not beneficial for Azerbaijan. -0----
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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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Industry leaders from Google, Ambition Loop, and Azerbaijan Railways joined Azercell to explore corporate responsibility, innovative solutions, and collaborative approaches to advancing sustainability
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The COP29 conference concluded in Baku, leaving behind a trail of controversy and criticism. Renowned historian Jamil Hasanli characterized the event as a vivid reflection of governance problems in Azerbaijan under President Ilham Aliyev. Hasanli, a staunch critic of the administration, described COP29 as an expensive spectacle that exposed systemic failures and intensified international scrutiny of Azerbaijan's political and economic structures.
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President of the European Parliament Roberta Metsola has invited Azerbaijani economist and political prisoner Professor Gubad Ibadoglu to Strasbourg to attend the 2024 Sakharov Prize award ceremony. The invitation, delivered by Member of the European Parliament Michael Bloss at the COP29 climate conference, comes as Ibadoglu remains under house arrest and prohibited from leaving Azerbaijan.
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