Published since 02/04/2000
Published on March 04, 2009
ARMENIAN INDUSTRIAL GIANTS WERE PREPARED FOR TRANSITION TO FLOATING RATE
- Armenia’s industrial giants were ready for the transfer to the floating exchange rate policy and were forming their activity programs accordingly, RA Prime Minister Tigran Sargsyan stated. The country’s government support to entrepreneurs providing means for overcoming temporary difficulties. “The preference is given to the companies offering multiple job opportunities, with significant export potential and good market for their production,” he stated, adding that the situation room has been set up to consider dozens of business programs and their possible financing. Commenting on current economic situation, Sargsyan noted that he is rather optimistic about the future, citing statements of WB experts on the positive aspects of Armenian economy, conditioned by effective of macroeconomic policy , low external debt and financial sector stability.
Headlines for March 04, 2009
ARONIAN, DOMINGUEZ MAKE DRAW
Armenian grandmaster Levon Aronian made a draw with Cuba’s Leinier Dominguez in the 11th tour of Linares 2009. The other games of the 11th tour ended with the same result. Standings after 11th tour: ...ARMENIAN STUDENT MURDERER SENTENCED TO 11 YEARS IN PRISON IN RUSSIA
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A Novosibirsk district court sentenced Alexei Krapivin, 42, who was accused of murder of Armenian student Edik Adamyan, to 11 years in prison. The verdict can be appealed within 10 days after its announcement. ...RA DIASPORA MINISTRY PRIORITIZES SUPPORT TO ARMENIAN EDUCATIONAL ESTABLISHMENTS ABROAD
Armenian Minister of Diaspora Affairs Hranush Hakobyan participated in events dedicated to 30th anniversary of establishment of Gogolian college and Babayan kindergarten in Canada. Stressing the importance ...ARMENIAN MAJOR IMPORTERS CONFUSED
Manan Grain company, one of leading Armenian importers of grain and flour, are waiting for stabilization of the currency exchange rate The management is embarrassed. Expectations are not optimistic. ...ARMENIAN CHESS PLAYERS TO PARTICIPATE IN 2009 EUROPEAN INDIVIDUAL WOMEN’S CHESS CHAMPIONSHIP
Armenian chess players will participate in 2009 European Individual Women’s Chess Championship. It is an 11-round Swiss beginning March 7 and completing March 21, 2009. The playing time will be 90 minutes ...SCULPTOR VAHE TOKMAJIAN’S WORKS TO BE PRESENTED IN CALGARY
Armenian sculptor Vahe Tokmajian’s works will be presented at an exhibit in Calgary, Canada from June 25 to 27. The exhibit will open in the framework of Intercultural Art Week on initiative of Calgary ...SOME SHOPS RAISE PRICES FOR FOOD DESPITE AUTHORITIES’ WARNINGS
Embarrassed by the jump of USD rate, Armenian people rushed to shops to buy up first priority goods. Consumers complain that despite the authorities’ warnings, some shops raised prices for food. Sunflower ...CAMPAIGN AGAINST ARMENIAN GENOCIDE RESOLUTION LAUNCHED IN U.S. CONGRESS
A member of the U.S. Congress has warned other congressmen to heed the importance of cooperation with NATO ally Turkey for achieving U.S. objectives in Afghanistan and Iraq. In a letter to 434 members ...ANC EXPLAINS “WHO COULD BENEFIT BY DRAM DOWNFALL”
Armenian National congress commented upon the situation in Armenia after national currency downfall. The dram-to-dollar exchange rate has gone up yesterday to AMD 360/$1 against 305 -310 index and Dram/euro ...PHOTO EXHIBITION DEDICATED TO ARMENIAN ALPHABET OPENS IN LONDON
“Armenia, a country of culture” 4-day exhibition dedicated to Armenian alphabet opened in Royal Geographical Society on March 3 on initiative of the Armenian Embassy in UK. The opening ceremony was ...SOME FORCES CAN USE ECONOMIC SITUATION TO CREATE TENSION IN ARMENIA
“I have mentioned numerous times that we shall face the problem of hyperinflation. According to my calculations the dram was supposed to get devalued by 20-30%, and you see the proof of it now. Such ...METRO EIREANN IRISH NEWSPAPER PUBLISHED WITH APPENDIX ON ARMENIA
The latest issue of Metro Eireann Irish newspaper was published with appendix dedicated to Armenia. The appendix contains interview with Armenian Ambassador to UK Vahe Gabrielyan, who presented the prospects ...UNGROUNDED 50% RISE IN PRICES EXPECTED IN ARMENIA
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Ungrounded 50% rise in prices for consumer goods is expected in Armenia. “The dram-to-dollar rate will soon be fixed at ADM400/$1 mark,” Gevorg Baghdasaryan, member of the Armenian Association of Consumers, ...JUNIOR BOXING CHAMPIONSHIP KICKS OFF IN ARMENIA
A junior box championship of Armenia started in Yerevan. One hundred thirty-eight junior boxers from all regions of Armenia will compete for championship in 13 weight categories. As the press-service ...SCHOOL FOR WEAK-EYED CHILDREN WILL BE GIFTED FURNITURE TO AMOUNT OF USD 88 THOUSAND
On Mar. 4 Japanese Embassy in Armenia and Human Health Armenian public organization concluded an agreement providing for USD 88 000 worth household and school furniture to N16 School for the visually ...BAKU KEEPS ON INTRODUCING “DOCUMENTS” ON KARABAKH CONFLICT IN UN
UN Azerbaijan Representation submitted 2 documents to the Security Council and General Assembly. The 8th point of the resolution project on the situation in the occupied Azeri territories, passed at the ...ARMENIA FACING HARDSHIPS
“We’re seriously concerned about the economic development in the country and the shocking situation we’re facing. We believe the authorities were not prepared to this new wave of financial crisis ,” the ...TURKISH NAVY PLANNING TO OPEN NEW BASE ON BLACK SEA SHORE
Turkish Naval Forces are planning to establish a new military base in the country's Black Sea province of Trabzon, Hurriyet daily reported on Wednesday. The planned military base will be the second on ...SCPEC PROMISES TO SET TAX OFFICERS ON ENTREPRENEURS RAISING PRICES
“Unjustified price raise of 10-12% for essential products was registered, following CBA announcement on the return to floating rate policy,” The Head of State Commission for the Protection of Economic ...ALROSA CO . LTD TO EXPAND ACTIVITIES IN ARMENIA
Today the president of Armenia Serzh Sargsyan received the president of the biggest Russian diamond mining company “ALROSA”, Sergey Vibornov.During the meeting the parties discussed the tendencies in ...RUSSIA, U.S. BIDE THEIR TIME FOR KARABAKH CONFLICT RESOLUTION
Not all the participants of negotiation process on Nagorno-Karabakh conflict settlement have freedom in decision-making, and those who have wait for a suitable time, said a YSU professor, political scientist ...U.S. DOLLAR RATE INCREASED BY 0.25% IN STOCK MARKET
The situation in Armenia in Stock Exchange Market has somewhat stabilized since yesterday’s downfall. According to NASDAQ OMX Armenia, the results of today’s auction at the Armenian Stock Exchange Market ...PRESERVATION OF CULTURAL HERITAGE IN BSEC MEMBER STATES DISCUSSED IN YEREVAN
2-day round table discussions on preservation and reconstruction of historical monuments were launched in Yerevan today. On the first day of discussions, the representative of Greece, Doctor of Architecture ...CB: RAPID TRANSITION FROM FIXED EXCHANGE RATE TO FLOATING MORE EFFECTIVE
The RA Central Bank has made a decision to limit its intervention in the foreign exchange market and return to the policy of the floating rate in order to eliminate the dram devaluation expectations, ...NATIONAL ART GALLERY HOSTS EXHIBIT OF BSEC ARTISTS’ WORKS
On Feb. 4 BCES artists exhibition was launched at Armenian National Art Gallery within the framework of "Preservation and reconstruction of cultural and historical monuments of BSEC countries" round table ...SCPEC DOESN’T RULE OUT USD RATE DROP WITHIN NEXT FEW DAYS
The situation at currency exchange offices is under control and at present the dollar rate fluctuates between 360-380drams/$1, said the head of Armenian State Commission on the Protection of Economic ...ARMENIA-AFGHANISTAN RELATIONS IN INTERESTS OF BOTH STATES
On Mar.4 the newly appointed Ambassador of Afghanistan in Armenia Zaymal Aziz (residence in Moscow) submitted his credentials to RA Foreign Minister Edward Nalbandyan. ''Armenia and Afghanistan are interested ...GAGIK BEGLARYAN REPLACES YERVARD ZAKHARYAN AS MAYOR OF YEREVAN
Today, according to presidential decree, Yervand Zakharyan was discharged from the position of Yerevan Mayor and appointed RA President Counselor, RA President press office reported to PanARMENIAN.Net. ...TIGRAN SARGSYAN: CB NEW POLICY JUSTIFIED
New CBA policy is justified and creates favorable conditions both for importers and exporters, RA Prime Minister Tigran Sargsyan stated in his TV announcement. According to him, there are many who insist ...RA PM: CRISIS FIRST OF ALL AFFECTS THE RICH
The Armenian Government worked out a number of medium –term programs to overcome the impact of financial crisis on Armenian economy, RA Prime Minister Tigran Sargsyan stated in his TV announcement. For ...ARMENIAN INDUSTRIAL GIANTS WERE PREPARED FOR TRANSITION TO FLOATING RATE
Armenia’s industrial giants were ready for the transfer to the floating exchange rate policy and were forming their activity programs accordingly, RA Prime Minister Tigran Sargsyan stated. The country’s ...
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Today in Armenian history- 1878 Birth of Academician Alexander Tamanyan in Ekaterinadar (Russia). He drew up the architectural plan for Yerevan. He died in 1936.
- 1893 Birth of armenologist, orientalist, translator, scholar, professor, and academician Karapet Melik - Ohanjanyan in Kaler (Meghri district).
- 1917 The Russian Provisional Government publishes the decision about "Conscience and the Elimination of National Restrictions". His Holiness Catholics of All Armenians Gevorg the Fifth, on behalf of the dejected Armenians, in his memorandum to the Russian National Assembly, identifies the Provisional Government as the only protector of small nations, including Armenia.
- 1922 The Armenian New Orthography is adopted by Armenia's Council of Ministers.
- 1922 The Armenian SSR People's Committee decrees reforms in orthography.
- 1937 Birth of artist Rudolf Khachatryan in Yerevan.
- 1965 The new building of Yerevan's Gabriel Soondookyan Academy Theatre is inaugurated. Previously, the actors used the Stanislavski Theatre.
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