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Economy
14:37 23/01/2016Armenian banks issue loans of 32.8 million in one weekIn the intra-bank currency market of Armenia on January 18-22, there were purchase transactions of $67,988,387 at the average rate of 484.81 drams per dollar and sales of $74,146,928 at the average...
12:15 23/01/2016New Takata air bag recall to cover 5 mn US vehiclesUS regulators on Friday announced a new recall of about 5 million vehicles with potentially defective Takata Corp air bags, covering some automakers not previously affected by one of the biggest auto...
11:51 22/01/2016Japan lifts nuclear sanctions on IranJapan on Friday lifted sanctions on Iran, falling in line with major world powers after the United Nations atomic energy agency confirmed last weekend that Tehran had fully taken steps to curb its...
19:44 21/01/2016Energy minister of Armenia: Russian gas tariff change talks underwayThe Armenian authorities submitted an application to Russia about a cut in the tariffs of Russian gas supplied to Armenia, and the negotiations are underway, Armenian Minister of Energy and Natural...
18:12 21/01/2016Tashir Group has done serious work in ENA, power losses cut: Energy minister of Armenia7 billion 798 million KWh of electricity was produced in Armenia in 2015, which was by 0.62% more than in 2014, Armenian Minister of Energy and Natural Resources Yervand Zakharayn said at a press...
16:57 21/01/2016Thomas de Waal: Azerbaijan’s perfect stormRising prices, a collapsing currency, international turbulence, and a nervous elite. Azerbaijan is starting 2016 in the middle of what looks like a perfect storm, British journalist Thomas de Waal, a...
18:28 20/01/2016There are ‘prerequisites’ for Russian gas tariff reduction, Armenian minister of economy saysIf there were no prerequisites for a reduction in the tariff of Russian gas supplied to Armenia, the Armenian government would hardly apply to the Russian side regarding that issue, Armenian Minister...
14:08 20/01/2016Armenian government approves program to enhance transparency in mining industryThe USAID will assist Armenia in enhancing transparency in the mining industry. The decision was adopted at the session of the Armenian government today. Minister-Chief of the Government Staff David...
15:35 19/01/2016Iran to boost oil output by 500,000 barrelsIran is aiming to increase its oil production by 500,000 barrels per day now that sanctions have been lifted under a landmark nuclear deal with world powers, a top official said, according to the...
13:20 18/01/2016Oxfam study highlights massive global wealth divideThe combined riches of 62 of the world's most well-heeled individuals in 2015 equaled the wealth of 3.5 billion people — the bottom half of humanity — a new report about extreme global wealth...
13:05 18/01/2016Brent dips below $28 as end to Iran sanctions set to worsen glutBrent oil dipped below $28 a barrel as it extended declines after international sanctions on Iran were lifted, paving the way for increased exports from the OPEC producer amid a global glut,...
12:53 16/01/2016China-led Asian infrastructure bank opens for businessChina-led Asian Infrastructure Investment Bank officially opened for business on Saturday in Beijing after a formal ceremony led by Chinese President Xi Jinping, according to The Assocaited Press.
22:16 15/01/2016Gagik Makaryan on reason of recession in Armenia’s construction sectorThe recession in Armenia’s construction sector in recent years is due not only to the declining purchasing power of the population, but also an incorrect policy, Chairman of the Union of Employers...
20:23 15/01/2016No fall in gasoline prices in Armenia because of high degree of sector’s monopolization: expert“Interesting growth can be recorded in Armenia in 2016, given some programs with the EU and the tendency to diversification in the economy.
20:28 14/01/2016Energy minister: Georgia-Gazprom talks on gas transit will not lead to problems for ArmeniaThe issue of Iran’s gas supplies to Georgia through the territory of Armenia was not discussed at the recent four-way talks in Yerevan, Armenia’s Energy and Natural Resources Minister Yervand...
17:45 14/01/2016Government to continue subsidizing raised power tariff: Energy minister of ArmeniaThe Armenian government will continue subsidizing the increased electricity tariff, Armenian Minister of Energy and Natural Resources Yervand Zakharyan said during a briefing today, after the...
15:28 14/01/2016Government of Armenia approves activity program for 2016The Armenian government held today its first session in 2016, Prime Minister Hovik Abrahamyan chaired the session.
19:34 13/01/2016In Armenia, products imported from Turkey and Pakistan are considered as high risk productExperts of Rosselkhoznadzor (Russia’s Federal Service for Veterinary and Phytosanitary Surveillance) found 39.39 tons of cabbage that was imported from Turkey and infected with flower thrips,...
18:19 12/01/2016Bloomberg forecasts 2.5% GDP growth for ArmeniaBloomberg has forecast 2.5% growth of Armenian GDP in 2016. According to expert estimates, GDP growth in Azerbaijan and Georgia is expected to be 2.4% and 3%, respectively. For the world's...
20:25 11/01/2016It is planned to operate Iran-Armenia gas pipeline at full capacity: RFE/RLDirector of National Iranian Gas Export Company Alireza Kameli said recently that a preliminary agreement was reached with Georgia to export Iranian gas to Georgia via Armenia.