Economy
06/07/2015 16:06Сhina's influence grows as Russian crisis rocks Central AsiaAt a bazaar in Tajikistan's capital Dushanbe, once a far-flung outpost of the Soviet Union, cheap goods from neighbouring China are helping offset the pain caused by Russia's economic meltdown.
06/07/2015 15:48Armenia exports 40,053 tons of fruits and vegetablesThe Armenian cherries were primarily exported to Russia, Kazakhstan, Belarus, Georgia, the UAE, and Switzerland.
06/07/2015 15:00Dollar and euro drop in ArmeniaThe exchange rate for one euro was AMD 523.21 (down by AMD 3.01), that of one British pound was AMD 736.69 (down by AMD 3.56), and the rate of one Russian ruble was AMD 8.40 (down by AMD 0.10), informed the press service of the Central Bank of Armenia.
04/07/2015 09:50Yes or no? What Greece's landmark vote might bring"A 'no' will result in Grexit with an uncertain future and high costs to Greek society, at least initially," said Guntram Wolff, director of think-tank Bruegel.
03/07/2015 12:07ALLETE Subsidiary Acquires Armenia Mountain Project From AES Corp.ACE acquired the wind farm and a non-controlling interest from a minority shareholder for a total of $108 million, plus the assumption of existing debt.
03/07/2015 11:12Greece: What Could Happen If Country Leaves the European UnionGreece became a member of the E.U. in 2001 and adopted euro banknotes and coins in January 2002 after a transitional period. The dual circulation period, "when both the Greek drachma and the euro had legal tender status," ended on Feb. 28, 2002, according to the EU's website.
29/06/2015 20:53Armenian president hosts participants of IT forumThe event, being held in Armenia’s capital from June 29 to 30, was organized by the National Committee of Television and Radio. Its sponsors are the Cable Broadcasting Association of Armenia and the London International Institute of Communications.
29/06/2015 18:29Armenian president hosts IMF officialGreeting the guests and highly appreciating the IMF’s activities in Armenia, the president said that the cooperation helped implement many joint programs to promote the country’s economic progress, reports the presidential press service.
29/06/2015 18:06Armenian PM hosts IT specialistsThanking the premier for the reception, the guests agreed that the media forum would be a good opportunity to exchange the best practice in the area, discuss cooperation potentials and establish new business ties, reports the Government’s press service.
29/06/2015 15:14Inter RAO UES not confirming Armenian power grid sale“We do not confirm the report on the sale of the Electric Networks of Armenia".
29/06/2015 15:05Armenia’s fruit, vegetables exports total 34,817 tonsAs of June 29, 2015, exports of apricots have totaled 9,656 tons against 1,791 tons throughout last year.
29/06/2015 13:10Russian daily: Electric Networks of Armenia may be soldProtesters in Armenia perceive ENA and its management to be initiators of the conflict, and proposal to nationalize the company does not meet support among citizens, Kommersant says.
29/06/2015 11:00Audit of the ENA company will make it possible to find out if raising electricity prices can be justified“Even if the company is nationalized, a reputable company has to be selected as manager. Regrettably, we have a sad experience when the government managed the company, which resulted in a US $50-100m debt, which was later paid off from the state budget, which is inadmissible.”
29/06/2015 10:41Apple iPhone 6 plus factory unlocked 16GB on sale for $689Deals on Apple's latest iPhone 6 and 6 Plus are hard to come by, but a new deal can score you the unlocked 5.5-inch iPhone 6 Plus for $689 compared to Apple's current price of $749, TechTimes reported.
29/06/2015 10:21Macedonia asks banks to pull money from GreeceIt ordered banks in Macedonia to "withdraw all deposits and loans from banks situated in Greece and their branches around the world."