EN
26 July 2013 • 12:35 AMT
USD market average rate totals AMD410.77 July 26

Deals amounting to $4,530 million at an average rate of AMD 411.50/USD1 were concluded at NASDAQ OMX Armenia on July 26.

26 July 2013 • 11:56 AMT
Does U.S. believe Kerry can resolve Karabakh conflict?

Two great powers – Russia and the United States – like to impose their destructive proposals for resolution of different conflicts.

26 July 2013 • 11:34 AMT
Number of visitors to Artsakh definitely grows: Culture Minister

She also emphasized that representatives of 13 countries were in Artsakh recently to take part in an international music festival.

26 July 2013 • 11:14 AMT
WB: Global food prices fall by 2% in latest four-month period

“These programs can be very costly and prone to corruption, and waste scarce fiscal resources,” said Jaime Saavedra.

26 July 2013 • 10:50 AMT
Investigators get Spain train ‘black boxes’

Antonio de Amo of Spain’s national police said the change happened as forensic scientists have matched body parts with each other.

26 July 2013 • 10:46 AMT
Aras Ozbiliz may undergo checkup in Moscow July 26

Earlier, member of Kuban board of directors Suren Mkrtchyan said several clubs are really interested in getting Ozbiliz.

26 July 2013 • 10:17 AMT
Toshiba to cut $100mln in TV, PC businesses till March 2014

Toshiba said it would aim to increase TV sales in emerging economies to 40% of total revenue, from 30% in fiscal 2012.

26 July 2013 • 10:07 AMT
Nalbandian invites Chinese Foreign Minister to Armenia

The two men referred to political and interparliamentary cooperation, economic and cultural ties, student exchange programs.

26 July 2013 • 09:39 AMT
Italian police arrest 50 in anti-Mafia operation near Rome

Last October Italy’s central government sacked the entire council of Reggio Calabria, the biggest city in Calabria province.

26 July 2013 • 09:32 AMT
Egypt’s Morsi faces murder, kidnapping charges

A spokesman for the Muslim Brotherhood, which says the army has staged a coup, described the accusations as “ridiculous”.

26 July 2013 • 09:26 AMT
Russia’s latest attack submarine to have advanced sonar system

“Both the torpedo and missile tubes could be used “for a variety of weapons without being specially re-equipped,” the company said.

26 July 2013 • 09:02 AMT
NMC sixth issue of corporate bonds placed at NASDAQ OMX Armenia

A total value of AMD 816,955,226.38 was placed through the stock exchange, while bonds demand amounted to AMD 817,050,665.2.

26 July 2013 • 08:18 AMT
Rep. Adam Schiff meets ANCA interns in Washington office

“I am always pleased to see young people in our country engaging in public service and the legislative process,” Rep. Schiff said.

26 July 2013 • 08:11 AMT
Syrian Kurdish group head in Turkey for talks: report

Turkish government officials could not confirm Muslim’s arrival and said there were no plans for any high-level meetings.

26 July 2013 • 07:56 AMT
Karen Karapetyan appointed as ArmenTel CFO

Karen Karapetyan is replacing Karen Shahnazaryan who has been holding the post for the past six years.

26 July 2013 • 07:43 AMT
Heritage party plans to hold rallies in Yerevan

Armen Martirosyan informed the municipality of the intention to hold rallies from August 1 through 22 in Freedom Square.

26 July 2013 • 07:31 AMT
Oil in holding pattern near $105 amid growth in U.S. factory orders

Benchmark crude for Sept delivery was down 17 cents to $105.32 a barrel at early afternoon Bangkok time in electronic trading.

26 July 2013 • 07:15 AMT
Japan should bolster marine force, defense review paper says

But officials have been keen to emphasize that this does not mean Japan is eyeing pre-emptive strikes on enemy targets.

26 July 2013 • 07:03 AMT
Amazon.com reports surprise loss in second quarter

Analysts, on average, were expecting earnings of 5 cents per share on revenue of $15.73 billion, according to a poll by FactSet.

26 July 2013 • 06:45 AMT
Lilit Mkrtchyan currently 22nd at European Chess Championship

Lilit Galoyan and Maria Kursova tied their games against Lela Javakhishvili (Georgia) and Irina Bulmaga (Romania) respectively.

26 July 2013 • 06:30 AMT
Vanes Martirosyan – Demetrius Andrade bout due Sept 7

Vanes Martirosyan was supposed to be fighting on the Manny Pacquiao vs. Brandon Rios undercard on November 23.

26 July 2013 • 06:22 AMT
Russia’s Progress M-18M space freighter fragments sink in Pacific

The launch of the next Russian cargo spacecraft to the ISS, Progress M-20M, is scheduled to take place July 28.

26 July 2013 • 06:17 AMT
U.S. regulator reaches $885 million settlement with UBS

Fannie Mae and Freddie Mac were seized by the U.S. government in 2008 as the housing crisis threatened their solvency.

26 July 2013 • 06:02 AMT
Egypt army warns about using force to combat ‘violence and terrorism’

UN Secretary-General called on the Egyptian military to free Morsi and other members of the Muslim Brotherhood.

26 July 2013 • 05:47 AMT
Syrian opposition leader urges U.S. to supply weapons quickly

“There is only a political solution, and that will require leadership in order to bring people to the table,” Kerry said.

26 July 2013 • 05:22 AMT
Samsung reports record quarterly profit

The fear among many is that Samsung may have to lower the prices of its products – which may hurt its earnings.

26 July 2013 • 05:16 AMT
Senate Appropriations Committee approves aid to Karabakh

The Committee “recommends assistance for victims of the Nagorno Karabakh conflict in amounts consistent with prior years.

25 July 2013 • 18:46 AMT
UN chief says number of dead in Syria war passes 100,000

The uprising against Assad’s rule began in March 2011 and deteriorated into an insurgency with growing sectarian overtones.

25 July 2013 • 18:38 AMT
U.S. allows more medical devices to be exported to Iran

“We expect that actions… will ease lingering concern about the export to Iran of medicine and medical equipment,” Cohen said.

25 July 2013 • 17:38 AMT
Russian police seize 95kg of cocaine near Moscow

Ivanov said last year that about 8.8 million Russians were drug addicts and more than 18 million had tried narcotics at least once.