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Economy
11:03 01/07/2022Converse Bank to cover insurance costs within the framework of program lendingFrom now on the borrowers of Converse Bank will be able to enjoy not only competitive interest rates, but they will also have the opportunity to get new real estate and accidental damage insurances.
17:00 30/06/2022Millions of Australian bees put in lockdown due to deadly parasiteMillions of Australian bees are in "lockdown" and thousands will be destroyed after a deadly parasite was detected in the country, BBC News reports.
12:11 30/06/2022Oil prices dip on ThursdayOil prices edged lower in volatile trading on Thursday as the market weighed concerns of global supply and a build in U.S.
11:13 28/06/2022Russia defaults on its foreign debt for first time since 1918Russia defaulted on its foreign debt obligations for the first time since 1918 on Monday, according to Moody’s.
17:15 27/06/2022Armenian exporters and farmers may go bankrupt amid Larsi road closure, economist warnsEconomist Suren Parsyan on Monday reacted to the closure of the Stepantsminda-Larsi highway, which connects Armenia and Russia via Georgia, due to damage caused by heavy rains.
14:57 27/06/2022ANIF uses names of foreigners to cover up shady deals – PastinfoThe foreign leaders of the Armenian National Interests Fund (ANIF) are unaware of, if not isolated, from the trust management of the shares of the Zangezur Copper Molybdenum Combine (ZCMC), Pastinfo...
13:00 27/06/2022Israel may allow Iran to transfer oil to Syria under US supervisionIsrael may give its approval to a reported US-brokered deal allowing Iran to transfer oil to Syria, ahead of the resumption of talks to revive the nuclear agreement between Tehran and world powers,...
16:10 24/06/2022Germany reportedly looking at expropriating unused Nord Stream 2 pipelineThe German government is considering converting parts of the Nord Stream 2 gas pipeline into a connection for a liquefied natural gas terminal on the Baltic Sea coast, Reuters said, citing local...
16:22 23/06/2022U.S. to provide $120 million grant to Armenia for democratic reformsThe United States Agency for International Development (USAID) will issue a $120 million grant to Armenia, Arayik Harutyunyan, the chief of the prime minister's staff, told a cabinet meeting on...
13:00 23/06/2022Armenia’s tax revenues increase by 40 billion dramsArmenia’s tax revenues have increased by 40 billion drams, which will be directed to the reserve fund, Minister of Finance Tigran Khachatryan told a weekly cabinet meeting on Thursday.
14:55 20/06/2022Euro rises with focus on ECB as dollar retreatsThe euro rose on Monday as markets focused on the European Central Bank's tools to fight fragmentation in the currency bloc, even as French President Emmanuel Macron lost an absolute majority in the...
12:41 18/06/2022Bitcoin drops below $20,000The price of Bitcoin fell below $20,000 for the first time since November 2020 on Saturday, amid a broader market meltdown driven by rising interest rates, inflation and economic uncertainty spurred...
13:36 17/06/2022EU to give Ukraine, Moldova initial nods on membership pathThe European Commission plans to recommend that Ukraine and Moldova be granted candidate status in a symbolic step forward in the lengthy process to become members of the European Union, Bloomberg...
11:35 17/06/2022Coca-Cola HBC depleting stock in RussiaBottler Coca-Cola HBC AG and its existing customers in Russia are "in the process of depleting stock," Coca-Cola Co said in a statement, after Reuters reported that Coke was for sale at a McDonald's...
12:59 16/06/2022Chocolate, ice cream production drops in ArmeniaArmenia saw a significant decline in the production of chocolate and confectionery in the first four months of this year, the latest official statistics show.
14:27 15/06/2022Rise in global metal prices boosted Armenia's economic activity, minister saysThe increase in global metal prices significantly boosted economic activity in Armenia in 2021, Minister of Finance Tigran Khachatryan said in the parliament on Wednesday, presenting a budget...
12:40 14/06/2022Armenia's Central Bank leaves refinancing rate unchangedAt its meeting on Tuesday, the Board of the Central Bank of Armenia decided to leave the refinancing rate unchanged at 9.25%.
16:43 13/06/2022Converse Bank and Cityzen announce their new partnershipConverse Bank and Cityzen Children's City of Professions announce the beginning of their new partnership in which the Bank undertakes the difficult and responsible task of providing Z currency and...
16:15 11/06/2022Armenian wines showcased at London Wine FairAmbassador Varuzhan Nersesyan visited the Armenian pavilion at the London Wine Fair held between 7-9 June at the Olympia London, the Armenian Embassy in the UK reported on Saturday.
15:32 10/06/2022Russia, China unveil first road bridge between two countriesRussia and China on Friday unveiled the first road bridge between the two countries as Moscow pivots to Asia amid its confrontation with the West over Ukraine, AFP reported.