Published since 02/04/2000
Published on July 02, 2012
IRAN ASSIGNS $14BLN TO FIGHT EU OIL SANCTIONS
- Iran allocated a $14 billion fund for the development of the country's oil sector a day after the European Union implemented an embargo on Iranian crude exports.
According to Fars News Agency, the agreement to allocate the fund was signed by Managing Director of Iran's National Development Fund Mohammad Reza Farzin and Iranian Oil Minister Rostam Qassemi on Monday, July 2.
Addressing the ceremony, Farzin said that the money will be spent for promotion of the petrochemical industry, development and completion of refineries, development of downstream oil industries, development of phase 20-25 of South Pars oil and gas field and the development of the upstream sector of the oil industries.
"The $14bln fund can create a remarkable momentum in the oil industry and indicates that despite sanctions there is no problem in the trend of the country's development and production in the oil sector," Farzin underscored.
The move came one day after the EU enforced an oil embargo on Iranian crude supplies.
Headlines for July 02, 2012
SPAIN SMASH ITALY 4-0 IN EURO 2012 FINAL
Spain confirmed their status as one of the greatest national teams in football history by overwhelming Italy 4-0 in Euro 2012 final in Kiev to retain their European crown.
Vicente del Bosque's team ...APPLE AGREES TO PAY $60MLN TO CHINA'S PROVIEW TO SETTLE IPAD CASE
Apple has agreed to pay a Chinese company $60 million to settle a dispute over ownership of the iPad name, a court announced Monday, July 2, removing a potential obstacle to sales of the popular tablet ...U.S. TO FACE CONFRONTATION OVER ARMS TRADE TREATY
British and European foreign ministers are preparing to defy Washington at talks over an arms trade treaty, amid fears the U.S. will use its diplomatic clout to water down proposals for the first comprehensive ...GUINNESS DECLARES PHILIPPINE CROCODILE LARGEST IN CAPTIVITY
Guinness World Records has declared that a huge crocodile blamed for deadly attacks in the southern Philippines is the largest in captivity in the world, AP reports.
The giant reptile has brought pride, ...FIVE MILLION "TEST TUBE BABIES" BORN AROUND THE WORLD
Five million "test tube babies" have now been born around the world, according to research presented at a conference of fertility experts, BBC News reported.
Delegates hailed it as a "remarkable ...JULY 2 MARKS WORLD UFO DAY
July 2 marks World UFO Day dedicated to the existence of Unidentified Flying Objects. The first World UFO Day was celebrated in 2001.
This day is used to encourage governments to declassify their knowledge ...ENRIQUE PEÑA NIETO PROJECTED WINNER OF MEXICO PRESIDENTIAL RACE
Enrique Peña Nieto is the projected winner of Mexico's presidential election, according to a quick count by election officials.
According to CNN, representative samples from polling stations ...LATE N. KOREAN LEADER ORDERED SCIENTISTS TO MAKE URANIUM BOMBS - REPORTS
The late North Korean leader Kim Jong-Il ordered his scientists to produce "a massive amount" of uranium bombs, reports in Japan said on Monday, July 2.
The instruction was revealed in papers ...ARTSRUN HOVHANNISYAN APPOINTED DEFENSE MINISTRY SPOKESMAN
By the decree of Defense Minister Seyran Ohanyan, Artsrun Hovhannisyan has been appointed the Ministry's spokesman, the ministry's press service reported.
Hovhannisyan was born in 1980 in Shirak province's ...TECH DISTRIBUTOR INGRAM MICRO TO BUY BRIGHTPOINT FOR $650MLN
Technology distributor Ingram Micro Inc will buy wireless device distributor BrightPoint Inc for about $650 million in cash to expand in the high-margin mobility segment and help offset a weaker personal ...ARMENIA POSTS 0,7% INFLATION RATE IN JUNE
0,7% inflation rate was recorded in Armenia's consumer market in June compared to the same period in 2011.
During the reported period, prices for foodstuff (including alcoholic beverages and cigarettes) ...EUROPEAN COUNCIL PRESIDENT ARRIVING IN ARMENIA JULY 3
The President of the European Council, Herman Van Rompuy, will pay a regional official visit to the South Caucasus on 3-5 July. The visit will start in Armenia on July 3-4, and then continue to Georgia ...ARMENIAN SAMBO WRESTLERS WIN SILVER AT VENEZUELA'S ALBERT ASTAKHOV OPEN
On June 26-30, Venezuela hosted Albert Astakhov Open Sambo Cup.
Armenian Sambo wresters Arshot Danielyan (82kg) and Mavrik Nasibyan (72 kg) won silver medals at World Cup Stage tournament, Armenian Sambo ...DEUTSCHE BANK SECURES ADDITIONAL INVESTMENTS IN EFSE MICROFINANCE FUND
Deutsche Bank has successfully acquired new, private investors for a participation totalling EUR 51 million in the senior tranche of the European Fund for Southeast Europe (EFSE) microfinance fund.
This ...NATIONAL GALLERY TO HOST WALLAUER FACHWERK GERMAN CULTURAL CIRCLE
On July 6-17, Yerevan's National Gallery will host representatives of German cultural circle of Wallauer Fachwerk, who'll present their works to Armenian art lovers.
The cultural circle of Wallauer Fachwerk ...SONY ACQUIRES CLOUD GAMING PLATFORM COMPANY GAIKAI FOR $380MLN
Sony Computer Entertainment (SCE), Sony's video gaming unit, has acquired California-based cloud gaming platform company Gaikai for roughly $380 million, according to The Next Web.
Established in 2008 ...OIL FALLS BELOW $84 AMID WANING EUPHORIA OVER EUROZONE CRISIS
Oil fell below $84 a barrel Monday, July 2 in Asia amid waning euphoria over the latest EU plans to tackle the continent's debt and economic woes. Signs of a slowing Chinese economy also dragged crude ...14 INJURED IN ARMENIA'S ARAGATSOTN PROVINCE BUS ACCIDENT
14 people, including school children, were injured when a bus overturned in the territory adjacent to Aparan's water-storage basin in Armenia's Aragatsotn province.
According to Armenia's Emergency Ministry, ..."ICE AGE: CONTINENTAL DRIFT" RAKES IN $78 MLN AT FOREIGN BOX OFFICE
Fox's animated "Ice Age: Continental Drift" heated up the overseas box office this weekend, raking in $78 milion and finishing No. 1 in all 34 markets in which it opened, TheWrap said.
...VIRGIN GROUP BOSS RICHARD BRANSON SETS GUINNESS WORLD RECORD FOR KITE-SURFING
Virgin Group boss Sir Richard Branson has become the oldest person to kitesurf across the English Channel, BBC News said.
The 61-year-old crossed from Dymchurch, Kent, to Wimereux in northern France ...TURKEY HAS NO PLANS TO REINTRODUCE VISA REGIME WITH AZERBAIJAN - DIPLOMAT
Cultural Affairs Counselor in Baku's Turkish Embassy said Azeri citizens shouldn't worry over the possibility of visa regime reintroduction for travel to Turkey."No visa restrictions will be imposed on ...WEBSITE DEDICATED TO KARABAKH WAR HERO LEONID AZGALDYAN TO BE PRESENTED JULY 2
On July 2, 7 pm local time, Yerevan's Arno Babajanyan music hall will host a presentation of the website dedicated to legendary Karabakh war hero Leonid Azgaldyan.
A film, telling the story of the hero's ...SAMSUNG LAUNCHES S HEALTH APP FOR GALAXY S III
Samsung has launched its S Health app for the Galaxy S III, allowing the Android smartphone to connect to select health readers and sensors and track glucose levels, blood pressure and more, SlashGear ...EUROZONE JOBLESSNESS RISES TO NEW RECORD IN MAY
Joblessness in the eurozone rose to a new euro-era record in May, pushed higher by lay-offs in Austria, France and Spain as the 2-1/2 year debt crisis continued to eat away at the fragile economy, according ...RUSSIA MAY GET NEXT-GEN LONG-RANGE BOMBER BY 2020
The Russian Air Force may receive its first PAK DA next generation long-range bomber about 2020 instead of 2025 as initially planned, Russia's acting deputy Air Force commander, Major General Alexander ...3 BRITISH SOLDIERS KILLED IN AFGHANISTAN
Three British soldiers have been killed by a gunman wearing a police uniform in southern Afghanistan, the Ministry of Defence (MoD) has said, BBC News reported.
The MoD said the soldiers were shot and ...ARCHEOLOGISTS FIND WARI CIVILIZATION RELICS IN PERU
Archeologists in Peru have discovered a sundial, an underground tunnel and a reception room in a complex dating back to the Wari civilization, AFP reports citing El Comercio newspaper.
One of the relics ...AZERI HACKERS TARGET 86 ARMENIAN WEBSITES
On July 1, Azeri hackers attacked 86 Armenian websites.
The attackers posted anti-Armenian pictures, as well as a message which urged to "recognize the atrocities perpetrated instead of trying to prove ...PAOLO SORRENTINO'S "THIS MUST BE THE PLACE" WINS ITALY'S NASTRI D'ARGENTO PRIZE
Paolo Sorrentino won the Nastri d'Argento (Silver Ribbon) award for Director of the Best Film for his drama This Must Be the Place, while Marco Tullio Giordana was awarded the prize for Best Screenplay ...RIO DE JANEIRO NAMED WORD HERITAGE SITE - UNESCO
Rio de Janeiro's landscape, marked by soaring granite facades that drop into the ocean and white-sand beaches that go on for miles, is now an official world heritage site, UNESCO announced, according ...ISRAEL UNSUCCESSFULLY SOUGHT $1BLN IMF LOAN FOR PALESTINE
Israel unsuccessfully sought a $1 billion loan from the International Monetary Fund (IMF) for transfer to the Palestinian Authority to prevent its financial collapse, Israeli and Palestinian officials ...AL QAEDA-HELD SAUDI ENVOY URGES KING NOT TO FORGET HIM
A Saudi diplomat kidnapped by al Qaeda-linked militants in Yemen appealed to the Saudi king not to forget about him and meet his abductors' demand for the release of women prisoners, in a new video ...TWITTER REPORTS OVER 15,000 TWEETS PER SEC DURING EURO 2012 FINAL
Twitter says its users fired off more than 15,000 Tweets per second when Spain made its fourth goal in the July 1 European Championship final, setting a new sports-related record on the social networking ...KASPERSKY LABS DETECTS NEW WAVE OF MAC OS X APT ATTACKS
Kaspersky Labs has detected a new wave of Mac OS X APT (advanced persistent threat) attacks, marking the second time this year the security company has presented evidence that the Apple platform is susceptible ..."DJANGO UNCHAINED" TV SPOT FEATURES SAMUEL L. JACKSON
"Django Unchained" has dropped its first TV spot which reveals a first look at Samuel L. Jackson's character, Stephen. Featured in quick glimpses, Jackson is seen sporting white hair and ...79 DIE, 2.2 MILLION DISPLACED IN INDIA FLOODS
At least 79 people have died and 2.2 million forced to leave their homes over the last week as torrential monsoon rains triggered floods across India's northeast, officials said Monday, July 2.
According ...ANC MEMBER SEES LEVON TER-PETROSSIAN AS BLOC'S PRESIDENTIAL NOMINEE
The leader of the Armenian National Congress (ANC) Levon Ter-Petrossian will be the bloc's candidate at the upcoming presidential election, according to ANC member Aram Manukyan.
As Manukyan told a July ...ANC SEEKS TO WIN RPA MEMBERS OVER TO OPPOSITION SIDE, BLOC REP. SAYS
Armenian National Congress (ANC) bloc will take every effort to win members of the ruling Republican Party of Armenia (RPA) over to the opposition's side, ANC parliamentary group secretary said.
"We'll ...LIBYAN PROTESTERS STORM ELECTION OFFICE IN BENGHAZI
Libyan protesters and militiamen have stormed the headquarters of the election commission in the eastern city of Benghazi, setting voting slips on fire, a militia commander said, a week before the country ...TURKEY WORRIED BY SYRIAN HELICOPTERS FLYING CLOSE TO BORDER
Turkish F-16s scrambled three times on July 1 to counter Syrian helicopters flying close to the border, the Turkish army has announced, according to Hurriyet Daily News.
The General Staff published a ...PUCCINI'S TURANDOT MAY BE PERFORMED AT YEREVAN'S REPUBLIC SQUARE
Art director and conductor of Armenian Philharmonic Orchestra Eduard Topchjan wants to feature the performance of Giacomo Puccini's Turandot opera at Yerevan's Republic Square.
On July 3 and 6, Aram ...DELL BUYS QUEST SOFTWARE FOR $2.4 BILLION
Strengthening its systems management, security and data protection services, Dell has agreed to acquire enterprise software specialists Quest Software for $2.4 billion, at $28.00 per share, The Next Web ...PROTESTERS TO DEMAND STRIPPING FFA PRESIDENT OF DEPUTY MANDATE
On July 4, protesters will gather in front of Armenia's parliament building to demand for Football Federation of Armenia president Ruben Hayrapetyan to be stripped of deputy mandate.
As member of Heritage ...UK'S CURZON CINEMAS FEATURES INDIE TITLES TO COUNTERPROGRAM LONDON OLYMPICS
UK boutique exhibition chain Curzon Cinemas is ramping up its own "cultural offerings" during the London 2012 Olympics to counter program its cinemas for those weary of what is being hailed ...UEFA NAMES ANDRES INIESTA TOP PLAYER OF EURO 2012
Spanish left wing Andres Iniesta was named player of Euro 2012 on Monday, July 2 by European football governing body UEFA, according to AFP.
The 28-year-old - who was man of the match in Spain's ...MASTERCARD, DEUTSCHE TELEKOM ANNOUNCE PARTNERSHIP
MasterCard and Deutsche Telekom have announced that they will work together to roll out services across DT's footprint in Europe, starting with an NFC wallet solution in Poland in Q3 and Germany following ...FINLAND, NETHERLANDS CAST FIRST DOUBT ON EUROZONE DEAL
Finland and the Netherlands, the eurozone's most hardline creditor states, cast the first doubts on Monday on a European summit deal designed to save Spain and Italy from being engulfed by the currency ...NO DELAY IN REARMAMENT PROGRAM, RUSSIA SAYS
Russia will not postpone the implementation of its ambitious rearmament program for three years, but may make some adjustments to curb the budget deficit, Economic Development Minister Andrei Belousov ..."THE AMAZING SPIDER-MAN" SMASHES OVERSEAS RECORDS
Before opening in the United States, "The Amazing Spider-Man" already scores a massive gross overseas, AceShowbiz said.
It has been reported that the Marc Webb-directed superhero movie has ...FUJITSU DEVELOPS INDOOR SYSTEM TO GUIDE BLIND
Fujitsu has helped develop an indoor support system that utilizes impulse radio ultrawideband (UWB) tech to guide blind and partially sighted people around their homes, The Register reports.
The system ...MEMORY-CHIP MAKER MICRON TECHNOLOGY TO BUY ELPIDA MEMORY
Memory-chip maker Micron Technology Inc. has agreed to buy Elpida Memory Inc. for approximately $750 million in cash in a deal that would boost its wafer manufacturing capacity by about 50 percent, the ...NATO CHIEF CALLS FOR POLITICAL SOLUTION IN SYRIA
NATO chief Anders Fogh Rasmussen on Monday, July 2 called on the international community to enforce a political solution in Syria while reiterating there would be no military intervention, AFP reports.
...CHINESE HACKERS PLANT MALWARE INTO INDIAN NAVY COMPUTERS
Chinese hackers have managed to take out the computer system on the Indian Navy's Eastern Command, according to TechEye.
The hackers planted malware on the system, which is based around the city ...KABUL ACCUSES PAKISTAN OF SHELLING VILLAGES, THREATENS WITH SECURITY COUNCIL
Afghanistan on Monday, July 2 threatened to report Pakistan to the UN Security Council over what Kabul alleges is the shelling of its villages along the border between the two countries.
Authorities ...IRAN ASSIGNS $14BLN TO FIGHT EU OIL SANCTIONS
Iran allocated a $14 billion fund for the development of the country's oil sector a day after the European Union implemented an embargo on Iranian crude exports.
According to Fars News Agency, the ...CYPRUS GETTING READY FOR BAILOUT TALKS
Officials from Cyprus' potential rescue creditors are on their way to the island nation to begin talks on the terms of a bailout, the country's finance ministry said Monday, July 2.
According ...ICC STAFF MEMBERS RELEASED IN LIBYA
Four staff members from the International Criminal Court (ICC) held in Libya for four weeks on suspicion of spying have been released, according to BBC News.
The announcement came during a visit to Libya ...GLAXOSMITHKLINE PLEADS GUILTY, SETTLES FRAUD CASE FOR $3BLN
GlaxoSmithKline Plc has agreed to plead guilty to misdemeanor criminal charges and pay $3 billion to settle the largest case of healthcare fraud in U.S. history, Reuters reported.
The settlement includes ...SUICIDE CAR BOMB KILLS AT LEAST 7 IN AFGHANISTAN
A suicide car bomb attack outside a university in southern Afghanistan on Monday, July 2 killed at least seven civilians and wounded more than 20, officials said, according to AFP.
The attack happened ...SAMSUNG SAYS GALAXY NEXUS BAN BASED ON "INSUFFICIENT EVIDENCE"
South Korea's Samsung appealed last week's preliminary injunction against sales of the Android-based Galaxy Nexus.
In papers filed with the United States District Court for the Northern District of California, ...GOOGLE DRIVING SERIOUS ECONOMIC ACTIVITY IN U.S.
Google is driving serious economic activity in the U.S., according to the company.
As CNET reports, the search giant unveiled July 2 its 2011 Economic Impact report, and said that its search and advertising ...
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Today in Armenian history- 1804 The 5000-strong Russian force beseiges Yerevan.
- 1833 Birth of Grigor Chilinkiryan (public figure and translator) in Smyrna. He died in 1923.
- 1833 Death of Ghookas Inchichyan (armenologist and geographer) in Venice. He was born in 1758.
- 1840 An earthquake (Richter Scale: 7.0) occurs at Ararat and affects a 5000 sq. km. area. It kills 1000 people.
- 1915 Russian forces retreat, resulting in a massive flight of Armenians from Van and Vaspoorakan. There are huge losses when the Turkish army massacres the remnants of the Armenian population.
- 1921 The Red Army reaches Goris.
- 1946 The first group of Diasporan Armenians are repatriated to Armenia.
- 1985 The 38th Meeting of UN Sub-Committee discusses and approves the report submitted by Great Britain's Representative, Benjamin Whittaker. The 24th paragraph of this report qualifies the Armenian Massacres as an example of Genocide.
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