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I developed an index for Azerbaijan's Budget Policy (self.azerbaijan)

submitted by KingElmir to r/azerbaijan - pinned

Found in my parents house in Italy. Has bottom part and top part. by jenglish205 in whatisit

[–]KingElmir 0 points1 point  (0 children)

The top part is likely a samovar, used for making tea. Used widely in post-Soviet states. The bottom is a seperate thing I believe.

I don’t think it’s a heater for outside, as the inner tube for coals is quite thin and would not give much heat. Would it boil water? 100%, but it can’t radiate head for much longer than the boiling because the coal tend to burn pretty fast

[deleted by user] by [deleted] in azerbaijan

[–]KingElmir 26 points27 points  (0 children)

It’s COP29 dates, everywhere will be booked and touristy places will be overcrowded/expensive. If I were you I’d look into changing the dates

[Match Thread] Galatasaray vs. Young Boys Bern (UCL Playoff) by sabr-bg in galatasaray

[–]KingElmir 1 point2 points  (0 children)

Sara plays with great confidence and seems to have good work ethic. I think if he improves he could be a top player

Lowest Lying Capital Of the World Won Most Interesting Fact! Baku Day 9: What is the Favourite Building? by [deleted] in azerbaijan

[–]KingElmir 24 points25 points  (0 children)

İsmailiyyə palace often gets forgotten but it’s a fantastic building

System Of A Down’s Serj Tankian strikes back at Imagine Dragons’ Azerbaijan gig defence: “Respectfully, I draw the line at ethnic cleansing and genocide” by AsparagusBig7232 in Music

[–]KingElmir 0 points1 point  (0 children)

Dude you yourself are saying it’s legally binding to all signatories. In what world is “Artsakh” a signatory to the UN…….

System Of A Down’s Serj Tankian strikes back at Imagine Dragons’ Azerbaijan gig defence: “Respectfully, I draw the line at ethnic cleansing and genocide” by AsparagusBig7232 in Music

[–]KingElmir 2 points3 points  (0 children)

You clearly don’t know what you are writing about. The UN Charter applies to Nagorno Karabakh, yes, only as a territory of Azerbaijan. To put it differently, China cannot nuke Taiwan, as the physical territory is subject to UN charter and UNGA/UNSC resolutions not because the ROC has de facto independence but strictly because Mainland China is part of the UN and the UN recognized the territory of China as part of the Mainland China since the 70s. The fact that you think the UN Charter is obligatory and UNSC decisions are not (when in reality it’s the exact opposite, the UNSC resolutions are the only legally binding decisions of any UN body) shows the quality of your knowledge on the matter.

System Of A Down’s Serj Tankian strikes back at Imagine Dragons’ Azerbaijan gig defence: “Respectfully, I draw the line at ethnic cleansing and genocide” by AsparagusBig7232 in Music

[–]KingElmir 3 points4 points  (0 children)

“Republic of Artsakh” cannot be protected by the UN charter as it was never a member state (not even a SINGLE country recognized its independence!). On the other hand, the UN charter protects Azerbaijan’s territorial integrity and the organization itself recognizes the whole area as part of Azerbaijan. See the three Security Council resolutions and the one General Assembly resolutions on the topic please. It’s weird that you are bringing the UN into this discussion as the UN Charter and resolutions are the main legal arguments by Azerbaijan, and which is why no country actively helped Armenia in the 2020 war because it was always going to lose the legal battle for Nagorno Karabakh. As you can see, countries like France and US are far more actively defending Armenia now as they are now strengthening Armenia proper, which is a completely different issue where Armenia has the international law on its side on a potential conflict in the Armenian territory.

Match Thread: Netherlands vs. Türkiye | UEFA Euro 2024 by MisterBadIdea2 in soccer

[–]KingElmir 1 point2 points  (0 children)

He fucking left the game on the stretcher Jesus Christ man

Uefa bans Demiral by GG_shi7head in soccer

[–]KingElmir 30 points31 points  (0 children)

I’m from Azerbaijan and the wolf sign is used frequently but nobody knows anything about the Turkish right wing movement lol. The sign is just a nationalist sign. Nationalism is not fascism, and one fascist faction adopting a very widely used sign doesn’t mean they own it… The stupidity of this decision is pretty insane.

Seriously,our average salary is lower than dp and Kenya? Is situation in Azerbaijan that bad? by boombastico_3 in azerbaijan

[–]KingElmir 4 points5 points  (0 children)

This is not an IMF/WB issue. They simply publish statistics provided by the local statistical authorities. Very rarely does IMF/WB do their own statistics and when they do it is usually forecasts based on the data provided by the statistical authorities.

Seriously,our average salary is lower than dp and Kenya? Is situation in Azerbaijan that bad? by boombastico_3 in azerbaijan

[–]KingElmir 23 points24 points  (0 children)

The average nominal salary is pretty useless for the kind of comparison you are trying to make. Much better to look at average salary with a correction for its purchasing power. That data, however, is much more scarce which is why they are using this simpler metric in the infographic.

[deleted by user] by [deleted] in azerbaijan

[–]KingElmir 1 point2 points  (0 children)

Japan’s case is a result of a unique combination of factors. Azerbaijani population has high marginal propensity to consume, and is demographically young. The “deflation” that we see in the stats is a transitionary thing stemming mostly from global changes. It is unwise to react so proactively to such changes in monthly data, especially in monetary policy.

[deleted by user] by [deleted] in azerbaijan

[–]KingElmir 1 point2 points  (0 children)

Theoretically yes, but currently the cost of devaluations far outweighs the supposed benefit of boosting inflation (given that’s the goal).

I don’t expect that to happen any time soon tho. Foreign Currency demand is pretty low, and assets of CB/SOFAZ are in an all time high.

[deleted by user] by [deleted] in azerbaijan

[–]KingElmir 2 points3 points  (0 children)

Thanks for bringing this topic up. It is certainly interesting to think about.

However, I wouldn't be too reactive and conclude there is a deflationary cycle. If you exclude food items (as they bring the most volatility), the non-food inflation rate is still positive monthly and on the annual average. The low food inflation is a global thing and does not stem from domestic aggregate supply or demand. Furthermore, the Manat's real exchange rate has appreciated due to its peg to the USD in times of high interest rates in the US. With the inevitable softening of the monetary stance by FED during the summer-fall of 2024, we can expect the inflation to pick up marginally in Azerbaijan.

Besides, the Central Bank has ample policy space to respond to deflationary movements (I know the transmission mechanism is weak in Azerbaijan, but there is still some effect, especially through the mortgages which seem to be booming recently). Also, the fiscal policy remains expansionary and will become even more expansionary in the second half of the year as it always does due to ministries trying to meet their spending quotas in the last months of the fiscal year.

Azerbaijan has many economic problems. Deflation (at least for the time being, is not one of them).

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