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Economy
17:34 04/10/2021Turkey sees price hikes amid near 20% inflationThe economic fallout of the COVID-19 pandemic has caused painful increases in prices of consumer goods for most Turks amid troublesome inflation that authorities are struggling to take under control,...
19:00 02/10/2021Toyota outsells General Motors in U.S. for first nine months of 2021Japanese automaker Toyota Motor Corp outsold General Motors Co in the United States for the first nine months of 2021 as the Detroit automaker grappled with production problems stemming from the...
20:27 01/10/2021The Atlas of Ararat Valley releasedThe Atlas of Ararat Valley has been released, developed by the USAID-supported Advanced Science and Partnerships for Integrated Resource Development (ASPIRED) project in partnership with the Ministry...
15:35 01/10/2021Biden signs temporary funding bill to prevent government shutdownCongress avoided a government shutdown Thursday hours before funding would have lapsed, CNBC reported.
13:17 01/10/2021Gazprom confirms 1 month contract extension with MoldovagazGazprom confirms the extension of the current contract with Moldovagaz for the supply of gas for one month starting from October 1, TASS reported, citing a statement of the Russian energy giant on...
11:04 01/10/2021Central Bank of Armenia announces issuance of collector coin ‘30th Anniversary of Commonwealth of Independent States’On October 1, 2021 the Central Bank of Armenia puts into circulation the silver collector coin “30th Anniversary of Commonwealth of Independent States”, the bank reports.
19:21 30/09/2021Converse Bank’s experience was presented at the opening ceremony of Armenia-Argetine Chamber of Commerce in ArmeniaThe official opening of the Armenia-Argetine Chamber of Commerce in Armenia took place yesterday. Artur Hakobyan, the CEO of Converse Bank took part in the ceremony. As the Bank said in a press...
16:16 30/09/2021Turkey's Erdogan says construction of two nuclear power plants discussed with PutinTurkish President Tayyip Erdogan said Turkey is considering more joint defence industry steps with Russia in areas such as plane engines, fighter jets and submarines after a meeting with President...
13:50 30/09/2021Armenian government provides around 13.5 billion drams to ArtsakhAt a meeting on Thursday, the Armenian government decided to provide around 13.5 billion drams to Artsakh.
20:15 28/09/2021Greta Thunberg lambasts world leaders over climate crisisGreta Thunberg has excoriated global leaders over their promises to address the climate emergency, dismissing them as “blah, blah, blah”, the Guardian reports.
18:34 28/09/2021Converse Bank: A success story – green energyOptimum Energy was founded in 2013. The company is engaged in the construction of solar stations, and we also have our own solar stations. One of these stations is the Vayots Arev 1 power plant,...
14:39 25/09/2021Fitch affirms Armenia at 'B+' with stable outlookFitch Ratings has affirmed Armenia's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B+' with a Stable Outlook.
19:17 24/09/2021Surprise rate cut sends Turkish lira to a new record lowTurkey’s lira fell to a record low after the central bank cut its benchmark interest rate on Thursday, unleashing a new bout of market turbulence and reflecting the long shadow cast by President...
17:53 24/09/2021Affordable mortgage and more - Converse Bank is the partner of Build ArmeniaAs a partner of Build Armenia, Converse Bank within the framework of the expo-exhibition, will present mortgage lending products with partner construction companies, as well as come up with...
16:59 24/09/2021US House passes $768 billion defense spending billThe US House approved a wide-ranging bipartisan defense policy bill Thursday despite strong opposition from a conservative wing of the Republican Party, NBC news reported.
19:58 22/09/2021Converse Bank: Best vacation destinations in autumn of 2021The premium VISA Signature card offers various benefits during your trips. Furthermore, this type of card issued by Converse Bank also provides additional opportunities. In particular, the bank's...
14:39 20/09/2021Armenian, Russian deputy PMs release different figures for growth of trade turnover between two countriesIn 2019, for the first time, the trade turnover between Armenia and Russia exceeded the $2 billion mark, Armenia’s Deputy Prime Minister Mher Grigoryan said in his opening remarks at the business...
16:23 18/09/2021September 18 observed as World Water Monitoring DayToday, September 18, is World Water Monitoring Day (WWMD) which is observed to increase public awareness and involvement in water monitoring and protecting water resources around the world.
18:13 16/09/2021Ray Dalio says regulators will ‘kill’ bitcoin if it becomes too successfulRay Dalio, founder of the world’s largest hedge fund, Bridgewater Associates, believes regulators would ultimately take control of bitcoin if the cryptocurrency gains mainstream success, CNBC reports.
11:53 16/09/2021Economist says no alternative to banning bookmaking in ArmeniaEconomist Mesrop Arakelyan, a former social welfare minister, says that betting amounted to 115 billion drams in Armenia in the first half of 2021.