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15:17 27/04/2020Armenia among world’s 10 countries with military burden of 4% or more of GDPGlobal military expenditure is estimated to have been $1,917 billion in 2019, the highest level since 1988, according to a new report by the Stockholm International Peace Research Institute (SIPRI).
10:16 27/04/2020European tourism needs 375 bln euros to recover, ETC saysThe European Travel Commission (ETC), a European tourism organization, has said that the European tourism sector needs 375 billion euros to recover from the crisis generated by the COVID-19 pandemic...
18:02 25/04/2020Viva-MTS to stream a virtual concert of Garik and SonaArmenia’s leading telecommunications and digital services provider Viva-MTS, has initiated to organize an online concert for the first time.
12:01 25/04/2020G20 Video conference canceled last minute due to US-China row over WHO – media reportsA video conference of G20 leaders planned for Friday was called off last minute due to ongoing disagreements between the United States and China over the World Health Organization's (WHO) handling of...
15:12 24/04/2020Ryanair may cut 10-20% of jobs in winter season, CEO tells German paperRyanair (RYA.I) may have to lay off 10-20% of staff in the winter season as it will operate fewer flights due to the coronavirus crisis, Chief Executive Michael O’Leary said in a newspaper interview...
19:45 22/04/2020PM announces the number of beneficiaries who benefited from government anti-crisis measuresAs of April 22, 10, 531 legal entities and 639, 592 families have benefited from the anti-crisis measures adopted by the government of Armenia to mitigate the consequences of the coronavirus pandemic.
12:56 22/04/2020World risks 'biblical' famines due to coronavirus pandemic, UN warnsThe world is not only facing “a global health pandemic but also a global humanitarian catastrophe”, the UN food relief agency chief told the Security Council on Tuesday via video link, according to...
11:22 21/04/2020Economic competition commission: Prices of butter, vegetable oil on the decline in YerevanAccording to the results of the monitoring conducted by the State Commission for the Protection of Economic Competition of Armenia, prices of butter and vegetable oil have continued falling in the...
15:02 20/04/2020Armenia's 14 coronavirus relief programs have complicated procedures, says opposition MPBright Armenia opposition faction of the Armenian parliament proposed the authorities to provide irrevocable state support to citizens in the amount of 5-10% of GDP back when the coronavirus crisis...
12:37 20/04/2020New chief of Central Bank of Armenia to assume duties on June 13Martin Galstyan will take up his duties as Chairman of the Central Bank of Armenia (CBA) on June 13, the bank said in a statement.
20:00 18/04/2020Electricity generation at Armenia's solar power plants increased by 50% in January-FebruaryIn January-February 2020, a total of 1 billion 461.3 million kilowatt-hours of electricity was produced in Armenia, increasing by 23.1% to compare with the same period of 2019, Armenia’s National...
14:45 17/04/2020Armenian parliament elects new Central Bank chiefThe Armenian National Assembly voted 104 to 15 to elect Martin Galstyan new Chairman of the Central Bank of Armenia on Friday.
13:04 17/04/2020Armenia seeks €13.4mn loan for lifeline road network improvementArmenia is going to take a loan of 13 million 400 thousand euros from the International Bank for Reconstruction and Development (IBRD) to improve its lifeline road network, Minister of Territorial...
11:21 16/04/2020Apple announces new iPhone SE to target mid-range marketApple has announced a new iPhone SE, reviving a mid-market brand it had discontinued in 2018. It resembles the form of 2017's iPhone 8 with a 4.7in screen, and a fingerprint ID sensor but not a depth...
20:26 15/04/2020Labor migrants can be employed in local construction sector- Suren PapikyanThe Armenian labor migrants who are unable to leave for Russia this year will be involved in the local construction sector, the Minister of Territorial Administration and Infrastructure Suren...
19:26 15/04/2020PM says the country may face difficulty in forming strategic grain reserveThe Armenian government has addressed issues of foot supply chain and food safety on number of occasions, and studies have revealed that the country has a high level of self-sufficiency in food...
16:50 15/04/2020Hermès Boutique in China made $2.7 million in one day after it reopenedThe day one of Hermès’ Chinese flagship stores reopened after the coronavirus quarantine, the company reportedly pulled in $2.7 million in sales, Footwear News reported.
12:06 15/04/2020UN chief responds to Trump: 'Not the time' to reduce funds for WHONow is a time for unity in the global battle to push the COVID-19 pandemic into reverse, not a time to cut the resources of the World Health Organization (WHO), which is spearheading and coordinating...
20:44 14/04/2020Belarus president in favor of more adaptive price for natural gasBelarus President Aleksandr Lukashenko believes there are unresolved problems in the sphere of energy industry and prices for energy resources.
17:15 14/04/2020Government expands the scope of beneficiaries to help with utility billsThe government adopted on Tuesday the twelfth measure aimed at neutralizing the economic impact of the coronavirus outbreak for approval of government members.