The integration of Azerbaijan into the world economy, the economic performance of the first three months of this year, and the ongoing crisis in the banking system are the leading topics of today's press.
The newspaper Azerbaijan writes about the integration of Azerbaijan into the world economy, including large international economic projects.
For the development of any country there are 11 mandatory conditions to which Azerbaijan is fully responsible. Further, the author gives some statistics on the development of the country.
The newspaper Yeni Musavat together with the expert Natig Jafarli estimates the economic results of the country for the first three months of the year. The expert notes great stability in the financial sector, which cannot be said about the banking sector or the food industry.
Comparative activity takes place in the construction sector. Despite the increase in the population's salaries by 10%, against the background of the existing high prices this is not felt.
The newspaper Novoye Vremya writes that the banking crisis takes on a chronic form, as discussed at the yesterday's meeting of the Milli Majlis. Deputies note that banks that once accepted deposits from citizens at low interest and gave out loans at high, should have known that it would also boomerang over them. The banking crisis in our country is chronic and the Financial Markets Supervision Authority cannot withstand this. Bankers, in turn, are waiting for help from the state.
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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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