Economy
30/10/2018 16:36Oil prices fall on rising supply, trade tensionsBenchmark Brent crude oil LCOc1 fell $1.05 a barrel to a low of $76.29 before recovering slightly to around $76.44, down 90 cents, by 1205 GMT. U.S. light crude CLc1 was 60 cents lower at $66.44.
30/10/2018 15:15Unorganized situation inside government Armenia’s economy’s main issue: economist“This figures are yet the result of activity of the previous government. We should not blame the new one for them,” he said, stressing that today’s problem is unorganized situation inside the government.
30/10/2018 14:51All discounts by visa system on Converse Bank’s website“Converse Bank is the only bank in Armenia, which uses two online platforms - the Bank’s website and Facebook page to post the complete, latest updated information regarding discount campaigns launched for Visa cardholders in different countries of the world, including local discount offers”, - they stated at the Bank.
30/10/2018 14:302019 draft budget discussions to launch from November 1The discussions will continue until November 8. The draft budget will be presented to the parliament by acting finance minister Atom Janjughazyan and Central Bank chairman Artur Javadyan.
30/10/2018 13:17Nothing changed in post-revolutionary Armenia, global issues still remain: economistUsually this period both in Armenia and other countries in general is outlined with active discussions of state budgets, economic programs. Today nothing is being spoken about it. Unfortunately the economic issues have become secondary now.
30/10/2018 13:01Armenia-EU cooperation continues, results to be seen soon: EU Delegation head“I believe that the current government is informed and well aware and values the cooperation with the EU. The EU is also interested in more useful cooperation with Armenia. We continue our work, and I am sure you will soon see the results in the form of new financial contracts, new agreements,” the Ambassador said.
27/10/2018 13:45Pashinyan promises storm to those “sowing wind” in Armenia’s economyArmenia’s economic structure depends on activity or moods of even one-two companies, Armenia’s acting PM Nikol Pashinyan told the reporters today.
26/10/2018 14:25Oil falls on oversupply worries despite Iran sanctions“The energy complex is resuming its downward trajectory,” said Stephen Brennock, analyst at London broker PVM Oil. “More of the same is expected in the near-term with sellers still very much on the prowl and intent on pushing prices lower.”
25/10/2018 14:42Right wheel cars may be imported to Armenia as spare parts: acting minister“As Transport Minister I say that Armenia’s transport system is intended for left wheel transportation means, and the law clearly bans the import of right wheel cars as transportation means,” Arshakyan said, adding that they may be imported as spare parts.
25/10/2018 10:56Armenia’s ex PM Karen Karapetyan to become Independent Director of Russian "Zarubezhneft"Citing its source, the paper says that Karapetyan will get the post of Independent Director which is currently occupied by financer Hrayr Simonyan who is consultant to head of «Inter RAO» Boris Kovalchuk.
24/10/2018 17:25Number of ministries to be considerably cut: acting PM“The number of our ministries should noticeably reduce,” Pashinyan said at the Government-NA Q&A in response to MP Shirak Torosyan’s question.
24/10/2018 17:16Armenia’s economy has certain issues: acting finance minister“It is rather exaggerated. But we do accept that issues exist and we must come into terms with them,” the acting minister said.
24/10/2018 15:02Sevan issue is like Karabakh issue for me: acting PM speaks of Amulsar mine exploitationAs to the observation that the situation created over Amulsar may result in economic decline or have a negative impact on investment enviornement, the acting PM said that all the previous claims about Armenia’s economic growth figures were “fakes”.
24/10/2018 13:29Armenia expects active participation of international financial institutions in implementation of various programs: PresidentNoting that Armenia has a big potential and ambitious programs in certain economic branches, in IT, education, agriculture in particular, President Sarkissian said that the country expects active participation of international financial institutions in the implementation of various programs.
23/10/2018 17:33Glazev free to say anything stemming from his country’s interests: Tevan Poghosyan“Glazev is free to make such statement, but he is not representing Armenia. He may say anything that stems from the interests of his country. We will worry in case such statements are made by Zohrab Mnatsakanyan [Armenia’s FM] and Nikol Pashinyan. This is when we should have concerns,” Poghosyan stressed.