Published since 02/04/2000
Published on March 03, 2009
CEREALS AND FLOUR IMPORTERS REFRAIN FROM RAISING PRICES
- Whether the dollar exchange rate upsurge will have a negative influence on flour and cereal prices is impossible to foresee. ''We're yet refraining from any price changes'' Maranik Ltd, one of the major traders and importers flour and cereals told a PanARMENIAN.Net reporter. Verfar company, specializing in the import of macaroni foods, flour and cereals stated that they’re undecided about the price raise for their products. ''The situation is rather unstable. Perhaps tomorrow it will become clear if the high exchange rate will stay. It's not the first time we witness dramatic ups and downs of dollar exchange rate,'' the accountant Shushan Mosinyan said. The dram-to-dollar exchange rate has gone up to AMD 360/$1 in few hours today against yesterday’s 305 -310 index for sale and purchase respectively. Dram/euro exchange rate reached AMD 440 (against 387). The upsurge followed CB President Arthur Javadian’s statement on cessation of control over the foreign currency market and return to floating rate policy. According to the Central Bank, the dollar exchange rate will fluctuate from AMD 360 to 380 in 2009.
Headlines for March 03, 2009
REP. SCHIFF HOPES ARMENIAN GENOCIDE BILL WILL PASS CONGRESS
Los Angeles Congressman Adam Schiff, D-Pasadena, said he and several others in Congress are reviving the Armenian Genocide resolution. He said he has high hopes that the bill will pass Congress despite ...UNWILLINGNESS TO NEGOTIATE WITH NKR INDICATES AZERBAIJAN’S WEAKNESS
Formidable obstacles should be cleared for soonest resolution of the Nagorno Karabakh conflict, an Armenian expert said. “During a 2-day visit to Stepanakert, OSCE MG Russian Co-chair Yuri Merzlyakov ...ARONIAN SUSTAINS DEFEAT FROM RAJABOV.
Armenian grandmaster Levon Aronian sustained the third defeat at Linares 2009 Chess Tournament. This time, the Olympic champion conceded defeat from Azerbaijan’s Rajabov. Aronian, playing with black ...US OFFER TO DEPLOY ANTI-MISSILE DEFENSE SYSTEM EITHER IN TURKEY, AZERBAIJAN OR QATAR
The already existing possibilities on two American bases in Europe for missile interception in conjunction with the front-based RLS planned to be exploited by 2012 make it feasible to protect more than ...RUSSIA, GEORGIA TO RESUME VISA ISSUANCE
Russian Foreign Ministry confirmed that the Swiss Embassy in Tbilisi will grant Russian entry visas to Georgian citizens from March 5. “On March 4, Russian and Swiss diplomats will exchange notes. Afterwards, ...OBAMA OFFERS MEDVEDEV A DEAL ON IRAN
U.S. President Barack Obama suggested to Russian President Dmitri Medvedev that the United States would back off plans for a missile defense system in Eastern Europe in exchange for help stopping Iran ...GRIAR INSURANCE TO INSURE SHIPS SAILING UNDER ARMENIAN FLAG
Griar Insurance company requested the Central Bank of Armenia for a license for insuring water transport. “Many will be surprised at the company’s decision because Armenia doesn’t have outlet to the ...BERNARD FASSIER: STEPANAKERT WILL JOIN TALKS SOONER OR LATER
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OSCE Minsk Group French Co-chair welcomed Yerevan and Baku’s positive assessments of the presidential meeting in Zurich. “We held productive meetings in Stepanakert with President Bako Sahakyan and representatives ...DRAM/DOLLAR EXCHANGE RATE GOES UP TO AMD360/$1 IN FEW HOURS IN ARMENIA
The dram-to-dollar exchange rate has gone up to AMD 360/$1 in few hours today against yesterday’s 305 -310 index for sale and purchase respectively. Dram/euro exchange rate reached AMD 440 (against ...U.S. STATE DEPARTMENT REPORT DOESN’T REPRESENT ARMENIA AS ‘INVADER’
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The U.S. Department of State Human Rights Report reflects the official position of Washington, OSCE Minsk Group U.S. Co-chair said. “It’s the official position of the Department of State but is not ...ARMENIAN DRAM DOWNFALL NOT TO INFLUENCE IMPORTED SPIRITS PRICE
Agena company, which imports spirits to Armenia, will not inflate prices for its products despite dollar exchange rate increase. “We will do our best to protect our consumers from negative consequences ...TURKEY CAN SUPPORT KARABAKH PROCESS BUT NOT MEDIATE
As a member of the OSCE Minsk Group, Turkey can support endeavors for resolution of the Nagorno Karabakh conflict but it is not a mediator, OSCE MG French Co-chair Bernard Fassier said. For his part, ...SERGEY GROUP TO SUSPEND PETROL IMPORT IN ARMENIA FOR INDEFINITE PERIOD
The upsurge of dram-to-dollar exchange rate will inevitably affect Armenian consumers, an entrepreneur said. “We will suspend import for an indefinite period. If the rate remains fixed at AMD380-400/$1 ...ARMENIAN CHESS PLAYERS TO PARTICIPATE IN INDIVIDUAL SPEEDWAY EUROPEAN CHAMPIONSHIP
At the 10th European Individual Chess Championship due on March 6-18, 2009, Budva, Montenegro, Armenia will be represented by 7 chess players, including 2008 Olympic champions Vladimir Hakobyan, Tigran ...ARMENIAN COMMERCIAL BANKS GAMBLING ON NATIONAL CURRENCY DOWNFALL?
Until recently, keeping up the dram rate at the existing level was ineffective, Dashnaktsutyun Party representative, the MP Ara Nranyan told a press conference on Tuesday. According to him, low national ...LEVON ARONIAN TO PARTICIPATE IN AMBER 2009 CHESS TOURNAMENT
Levon Aronian will participate in 18th Amber Blindfold and Rapid tournament due on Mar. 14-26, 2009 in Nice, France. This year’s field is stronger than ever with all the world’s best players taking part. ...ARMENIAN GENOCIDE RESOLUTION: TURKEY DOESN’T THREATEN BUT WARNS
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Estranged neighbors Turkey and Armenia are getting closer to normalize their ties, Turkish Foreign Minister Ali Babacan said. Meanwhile, he warned adoption of Armenian Genocide resolution by U.S. Congress ...ARF KNOW-HOW: LESS REVENUE SPELLS LESS EXPENDITURE
“Tax reduction for economical entities will help increase state budget expenditure,” ARF –Dashnaktsutyun representative, the MP Ara Nranyan told a press conference today. “The party submitted budget ...ANDRANIK TEVANYAN: EXCHANGE RATE SURGE WON’T LAST MORE THAN A WEEK
“The current situation in Armenia is the result of monetary, budget, and financial policy of Armenia's Government and the Central Bank,” as the head of “Polyteconomia” Research Center, economist Andranik ...CIGARETTE IMPORTERS TAKE TIMEOUT, REVIEW PRICES
Armenian cigarette importer Avers suspended the trade today and closed the offices for stocktaking because of USD exchange rate upsurge, Avers accountant, Ms. Sara Sepanyan told PanARMENIAN.Net reporter ...RA SOCIAL SECURITY MINISTRY UNAWARE OF PENSION PAYMENT DELAY
The plummeting of Armenian currency resulted in pension payments delay. The authorities responded pensioners demands by assuring that the term of payments will be determined today. According to RA legislation, ...ARMENIAN OLIGARCH SUPPORTS CB NEW POLICY
''The new CBA policy will improve the situation of the county's exporters, who for the last 3 years were in a much worse state as compared to importers,'' Prosperous Armenia Party leader, major entrepreneur ...ARMENIA: NATIONAL CURRENCY DEVALUATION RESULTED IN REFINANCING RATE INCREASE
CBA Council increased the refinancing rate and fixed it at 7,75%, CBA Chairman Arthur Javadian declared. According to him, CBA decision was adjusted to deflationary environment crisis and slow rate of ...CEREALS AND FLOUR IMPORTERS REFRAIN FROM RAISING PRICES
Whether the dollar exchange rate upsurge will have a negative influence on flour and cereal prices is impossible to foresee. ''We're yet refraining from any price changes'' Maranik Ltd, one of the major ...MEDVEDEV: RUSSIA NOT GOING TO MAKE IRAN ARTICLE OF COMMERCE WITH U.S.
Russia is ready to discuss only actual constructive proposals in the field of anti-missile defense; proposals that will be mutually beneficial for both RF, Europe, and the United States, Dmitry Medvedev, ...IMF TO ALLOCATE ARMENIA $540 MLN
The International Monetary Fund (IMF) will consider the possibility to grant Armenia $540 mln to renew the country’s reserves. The possibility of the credit grant will have been negotiated by the end ...USD COST 372.49 AT CLOSE OF BUSINESS ON ARMENIAN STOCK EXCHANGE
Purchase and sale volume at NASDAQ OMX totaled USD 3,420,000 (AMD 372.11 per 1 USD). 1 US dollar price at the close of business on the Armenian Stock Exchange amounted AMD 372.49, CBA official web site ...ARMENIA: COUNTERS BECOME EMPTY, SUPERMARKET DIRECTORS WAIT FOR RISE IN PRICES
Today the Management of Star Supermarkets Chain suspended the trade because of foreign exchange market panic. The population is actively buying up essential goods and supermarket management is awaiting ...HISTORICAL MONUMENTS PROTECTION AND RECONSTRUCTION ISSUES TO BE DISCUSSED IN YEREVAN
Holding the rotating presidency in the BCES, Armenia will host "Protection and reconstruction of cultural and historical monuments of BSEC countries" round table discussions on March 4 and 5. Establishment ...BAKU WON'T PARTICIPATE IN YEREVAN BSEC EVENTS
The Azerbaijani delegation is not visiting Yervan where a number of cultural events is going to be held within the framework of Armenia's Black Sea Economic Cooperation Chairmanship (BSEC), reports “Novosti-Azerbaijan” ...94TH ANNIVERSARY COMMEMORATION OF ARMENIAN GENOCIDE TO BE HELD AT TIMES SQUARE
For the 24th year, thousands of American-Armenians and their supporters will gather in Times Square in New York to commemorate the first genocide of the 20th Century - the Armenian Genocide, MarketWatch ...100TH ANNIVERSARY OF YOUSUF KARSH CELEBRATED BY EXHIBITION IN RHODE ISLAND
The Rhode Island School of Design (RISD) Museum of Art presents two complementary exhibitions from February 27 to August 23 which highlight portraits of artists. Yousuf Karsh: Portraits of Artists and ...EUROPEAN COURT OF HUMAN RIGHTS FINED TURKEY 105,000 EUROS
The European Court of Human Rights Tuesday ruled Turkey had violated the property rights of a Greek Orthodox foundation by seizing its land and ordered the government to pay damages, Reuters reports. ...
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© AUA
Today in Armenian history- 1842 Birth of the great Armenian benefactor, petroleum magnat Alexander Mantashian in Tbilissi. He made donations to the Church (Ejmiadsin) and founded schools in Constantinople, Tbilissi, and Kareen -among other places. He also built the new building of the Nersisian School.
- 1872 The "Union for Salvation" is formed in Van (Western Armenia).
- 1878 Treaty of San Stefano signed between Russia and Turkey. Article 16 of the San Stefano Treaty guaranteed the security of Armenians in Western Armenia under the Turkish Empire. Article 61 of the Treaty of Berlin, however, annuled these guarantees and the majority of the Armenian lands were given to the Turks.
- 1905 Start of the Armenian - Tatar War.
- 1918 Signature of the Treaty of Brest-Litovsk between Russia and Germany.
- 1918 Signnature of the Russian - Turkish supplemental treaty in connection with the Peace Treaty between Russia, on the one hand, and Germany, Austria - Hungary, Bulgaria and Turkey on the other.
- 1920 The Boshevik "Workers' Struggle" Armenian newspaper is published in New Nakhichevan (Rostov, Russia).
- 1930 Opening of the National Seminary.
- 1935 Birth of writer Hrant Matevossyan.
- 1943 The first volume of the novel "Vardanank", written by Derenik Demirchyan, is published during World War 2 (the Great Patriotic War). Soldiers passed it from hand to hand on the front.
- 1953 Opening of the Armenian Manuscript Depository: the Matenadaran (Architect - Mark Grigoryan). The Matenadaran has more than 13 000 ancient manuscripts and more than 100 000 archived documents.
- 1955 Hovhannes Issakov is promoted to Admiral of the Fleet (USSR).
- 1958 Yerevan's Matenadaran (Manuscript Depository) is declared a Research Institute.
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