Economy
17/12/2018 10:22Number of Russian tourists to Armenia during New Year holidays to grow by 76%“And in general the number 1 direction for Russians for New Year is Armenia with huge privilege. Of course it is a chance for many Armenian businessmen to implement their economic revolution and create firm basis for a big summer tourist boom,” he wrote.
15/12/2018 22:04Donation of Golden Palace hotel to the state mitigating circumstance: NSS director on ex official's criminal caseGolden Palace is an offshore company, NSS director Artur Vanetsyan said in Tsakhkadzor today, adding that it means it has been registered in offshore to hide the real owner, Vanetsyan said referring to the case with former head of Customs Committee Armen Avetisyan.
14/12/2018 21:41Armenia’s acting PM, Canadian PM have phone conversation, highlight importance of Canadian investments in Armenia“Now bigger opportunities are created for development, promotion of Armenian-Canadian relations, the time has come to work in that direction,” Pashinyan stressed.
13/12/2018 17:08Oil falls below $60 a barrel as inventories stay highU.S. crude inventories USOILC=ECI fell by 1.2 million barrels in the week to Dec. 7, disappointing some investors who had expected a decrease of 3 million barrels. [EIA/S]
13/12/2018 13:16Armenia’s acting PM, Russia’s president discuss gas price in St. Petersburg“The gas price will remain the same from January 1. I repeat we cannot tell anything about gas tariff until the negotiations are over and the gas price between the parties is set,” the acting minister said.
13/12/2018 12:42Acting PM warns state officials against ignoring instructions“That’s enough, why do we keep the ministries if they are not able to do anything? Let us dissolve them? Why do we keep this whole state governance system and have divided the officials it into first class, second class, third class,” he said.
13/12/2018 11:42Government’s program envisages eradication of extreme povertyHe stressed that serious changes must be made in the healthcare sector as well for it to be available for all the layers of the population.
13/12/2018 11:38Armenia’s government aims at investing additional $2,5 billion for raising army’s efficiencyThe Armenian government aims at fully upgrading the military-industrial complex, Armenia’s acting PM Nikol Pashinyan stated at the cabinet sitting today.
13/12/2018 11:30Armenia’s government receives citizens’ confidence vote, ready to outline future actions“This is our first sitting after the elections, and I am happy to register that our government has received convincing vote of confidence from the citizens which means that we have a lot to do in near future,” Pashinyan said.
11/12/2018 12:03Oil prices under pressure amid global market uneaseNOC said the shutdown would result in a production loss of 315,000 barrels per day (bpd), and an additional loss of 73,000 bpd at the El Feel oilfield.
07/12/2018 12:35Oil sinks as OPEC mulls Iran supply cut exemption, tries to get Russia on boardThe declines came after crude slumped by almost 3 percent the previous day, with the Organisation of the Petroleum Exporting Countries (OPEC) ending a meeting at its headquarters in Vienna, Austria, on Thursday without announcing a decision to cut crude supply.
07/12/2018 12:01Big sum necessary for big work: cabinet discusses issues of disaster zone“We are forming a task group with a clear goal to prepare a package with clear figures, sums, possible road map to be able to understand what to do, how much sum and how much time are necessary,” Pashinyan concluded.
07/12/2018 11:44Apartment issues of 542 stakeholder families expected to be solved by 2020: Chairman of the State Urban CommitteeThe apartment issue of 4,839 families of the mentioned 5,381 [90% of stakeholders] has been solved during 2008-2017 on the account of provided 65 billion AMD, chairman of the State Urban Committee Avetik Eloyan said at the outgoing cabinet sitting in Gyumri today.
07/12/2018 11:18Over 774 million AMD allocated for solution of urgent issues in Armenia’s Shirak and Lori regions: Acting Minister“About 354 million 915 has been allocated to Shirak and 419,510 to Lori for the implementation of 54 projects in over 45 settlements,” Papikyan said.
07/12/2018 10:46Armenian government convenes outgoing cabinet sitting in GyumriThe sitting started with a minute of silence in the memory of victims of the December 7 disastrous earthquake that hit towns of Spitak and Gyumri 30 years ago.