The centennial anniversary of the Azerbaijani parliament, high bank interest, and expensive loans of non-banking organizations are topics of today's media.
The newspaper "Azerbaijan" writes about the 100th anniversary of the parliament of the first democratic republic in the East.
The article contains the speech of the Speaker of the OSCE Oktay Asadov at a meeting on September 21 stating that the system of the parliamentary republic in the whole East was first applied in Azerbaijan.
The article also contains the speech of the chairman of the National Assembly of Bulgaria, Karayancheva, who noted the special role of parliament in the fate of the APR, and played an important role in the subsequent history of Azerbaijan.
The website "Müsavat.com" writes about high bank interest and the search for a way out of this situation. At present, most banks issue loans at 30%. Such a high interest automatically creates problems for their return and increases the amount of overdue loans.
The newspaper Novoye Vremya writes about the demand for loans from non-banking organizations. Getting a loan from a commercial bank is very difficult, as a result business and the population are forced to turn to non-banking organizations, whose interest is much higher than bank. A non-bank organization takes a loan from a bank and issues money at higher rates, earning on it.
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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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