Categories
South Caucasus News

Azerbaijan’s hosting of COP29 is indicator of its internationally growing prestige


The Conference of the Parties to the UN Framework Convention on Climate Change – COP is moving towards a successful conclusion in Dubai, United Arab Emirates.

Categories
South Caucasus News

China’s retail sales of passenger cars grew 26 pct in November


China’s retail sales of passenger cars reached 2.08 million units in November, an increase of 26 percent year on year, according to data from an industry association, Azernews reports, citing Xinhua.

Categories
South Caucasus News

Azerbaijan’s hosting of COP29 is indicator of its internationally growing prestige – AzerNews.Az


Azerbaijan’s hosting of COP29 is indicator of its internationally growing prestige  AzerNews.Az

Categories
South Caucasus News

NPR News: 12-09-2023 11PM EST


NPR News: 12-09-2023 11PM EST

Categories
South Caucasus News

Armenia and Azerbaijan make historic strides towards peace, announce prisoner exchange – Dailynewsegypt – Daily News Egypt


Armenia and Azerbaijan make historic strides towards peace, announce prisoner exchange – Dailynewsegypt  Daily News Egypt

Categories
South Caucasus News

Azerbaijan says it has ‘consensus’ to host 2024 climate summit – Philstar.com


Azerbaijan says it has ‘consensus’ to host 2024 climate summit  Philstar.com

Categories
South Caucasus News

Banks County K-9 dog one of best in country at finding people – 11Alive.com WXIA


Banks County K-9 dog one of best in country at finding people  11Alive.com WXIA

Categories
South Caucasus News

Azerbaijan wins regional backing to host COP29 climate summit


reuters: Azerbaijan is poised to host next year’s COP29 climate change summit after winning backing from other Eastern European nations on Saturday.

The decision, which resolves months of geopolitical deadlock over where the next annual U.N. climate summit will be held, quickly drew focus to Azerbaijan’s oil production and…


Categories
South Caucasus News

Azerbaijan’s President Ilham Aliyev Blasts India and France for Providing Weapons to Armenia! | TOI – Times of India


Azerbaijan’s President Ilham Aliyev Blasts India and France for Providing Weapons to Armenia! | TOI  Times of India

Categories
Audio Review - South Caucasus News

Egyptians Head to Polls in Election Overshadowed by Gaza War


Egyptians head to the polls on Sunday for a presidential election in which Abdel-Fattah el-Sissi is poised to win a third term in power as the country grapples with an economic crisis and a war on its border with Gaza. 

Victory would hand el-Sissi a six-year term in which immediate priorities would be taming near-record inflation, managing a chronic foreign currency shortage, and preventing spillover from the conflict between Israel and Gaza’s Hamas rulers. 

Voting, which runs from 9 a.m. until 9 p.m. local time, is spread over three days, with results due to be announced on December 18. 

Critics see the election as a sham after a decadelong crackdown on dissent. The government’s media body has called it a step towards political pluralism. 

Three candidates qualified to stand against el-Sissi in the election, none of them high-profile figures. The most prominent potential challenger halted his run in October, saying officials and thugs had targeted his supporters — accusations dismissed by the national election authority. 

Authorities and commentators on tightly controlled local media have been urging Egyptians to turn out to vote, though some people said they were unaware when the election was taking place in the days before the poll. Others said voting would make little difference. 

“I was aware there are elections happening, but I had no idea when. I only knew that because of the massive el-Sissi campaigns around the streets,” said Aya Mohamed, a 35-year-old marketing executive. “I feel indifferent about the elections because there will be no real change.” 

Crackdown

As army chief, el-Sissi led the 2013 ouster of Egypt’s first democratically elected president, Mohamed Mursi of the Muslim Brotherhood, before being elected to the presidency the following year with 97% of the vote. 

Since then, he has overseen a crackdown that has swept up liberal and leftist activists as well as Islamists and that rights groups say has seen tens of thousands jailed. He was reelected in 2018, again with 97%. 

El-Sissi and his backers say the crackdown was needed to stabilize Egypt and counter Islamist extremism. He has presented himself as a bulwark of stability as conflict has erupted on Egypt’s borders in Libya, and earlier this year in Sudan and Gaza. 

Economic pressures

But economic pressures have become the dominant issue for Egypt’s fast-growing population of 104 million, with some people complaining that the government has prioritized costly mega-projects while the state takes on more debt and citizens struggle with soaring prices. 

“Enough of projects and infrastructure, we want the prices to go down, we want for the impoverished to eat, and people to have a living,” said Imad Atef, a vegetable seller in Cairo. 

Some analysts say the election, originally expected in early 2024, was brought forward so economic changes, including a devaluation of an already weakened currency, could be implemented after the vote. 

The International Monetary Fund (IMF) said on Thursday it was in talks with Egypt to agree additional financing under an existing, $3 billion loan program that had stalled due to delays in sales of state assets and a promised shift toward a more flexible exchange rate. 

“All indicators suggest that we’re going to move quite quickly after the election in terms of proceeding with the IMF reform,” said Hany Genena, chief economist at Cairo Financial Holding, an investment bank.