EN
03 September 2012 • 11:15 AMT
Spain’s Economy Minister says $125bln enough for banks

De Guindos said austerity policies being enacted by the government will be enough for Spain to meet its budget deficit target.

03 September 2012 • 11:09 AMT
Hyundai sales fall first time in three years

Hyundai, the world’s fifth largest carmaker along with affiliate Kia Motors, said it sold 293,924 vehicles globally last month.

03 September 2012 • 10:56 AMT
Armavia cancels flights to Syria’s Aleppo

The decision was taken due to the deteriorating situation in Syria, as the airports in Aleppo and Damascus “can be targeted by rebels.”

03 September 2012 • 10:48 AMT
Armenian parliament to hold extraordinary session

The NA session was scheduled for Sept 5, with the extradition of Azeri assassin Ramil Safarov as the key issue for discussion.

03 September 2012 • 10:34 AMT
Iran negotiates oil, gas cooperation with Russian companies

According to Petroleum Ministry, the Islamic Republic currently produces 4 million barrels of crude per day, half of which is exported.

03 September 2012 • 10:21 AMT
Oil prices fall amid weak manufacturing data from China

HSBC Corp. said its purchasing managers’ index for August fell to its lowest level in more than three years.

03 September 2012 • 10:14 AMT
10 Yemeni civilians killed as warplane misses target

The impoverished Arabian Peninsula state has become a key battleground for the United States in its war against al Qaeda militancy.

03 September 2012 • 10:11 AMT
Vodafone expands footprint in Middle East

The move will enhance both Zain and Vodafone’s ability to meet growing demand among multinational businesses.

03 September 2012 • 10:05 AMT
Argentina’s Foreign Minister arriving in Armenia

Héctor Marcos Timerman is expected to meet with Armenian President Serzh Sargsyan and Prime Minister Tigran Sargsyan.

03 September 2012 • 09:57 AMT
Armenia can reconsider its relations with EU, NATO – expert

“If Azerbaijan doesn’t get a tough response, Armenia should revisit its relations with international institutions,” Giragosian said.

03 September 2012 • 09:27 AMT
Armenia should ban real estate purchase by Turkish citizens – publisher

The new law even permits nationals whose governments ban Turkish investments to purchase property in Turkey.

03 September 2012 • 08:48 AMT
Azerbaijan mocked Hungarian justice – union

“In no country a murderer would withhold his military salary, not to mention being promoted for his crime,” the letter says.

03 September 2012 • 08:34 AMT
French FM vows tough response if Syria uses chemical weapons

Fabius says Russia and China are “of the same position,” but acknowledged frustration at their continuing support for Assad.

03 September 2012 • 08:18 AMT
German Finance Minister rejects plans for ECB sweeping powers

The Commission’s plans to give the ECB the power to oversee all banks is intended as a first step towards a full European banking union.

03 September 2012 • 08:14 AMT
Norway’s Armenians to stage protest at Hungary’s embassy

“Hungarian and Azerbaijani governments’ actions are harming the ongoing efforts to reduce regional tensions,” the statement says.

03 September 2012 • 07:59 AMT
New Syria envoy describes his mission as “nearly impossible”

Lakhdar Brahimi sought to keep a distance between himself and the rebels, who have criticized him for his cautious stance.

03 September 2012 • 07:39 AMT
Suicide bomber targets U.S. consulate vehicle in Pakistan

Television stations repeatedly broadcast an image of a U.S. passport at the scene, its corners burned by the flames.

03 September 2012 • 07:29 AMT
CCAG: Azerbaijan idolizes murderer of a sleeping man

The Central Council of Armenia in Germany calls for organization of rallies to protest the decision of the Hungarian authorities.

03 September 2012 • 07:11 AMT
Egyptian officials accuse UK of hiding Mubarak regime stolen wealth

The UK government is failing in its commitment to freeze assets of the regime of former Egyptian leader Hosni Mubarak.

03 September 2012 • 07:01 AMT
10 Turkish soldiers killed in PKK clashes

According to reports, the PKK has launched numerous attacks on military bases around the province’s Beytüşşebap district.

03 September 2012 • 06:54 AMT
Acer to release six new smartphones in 2013

In China, Acer plans to boost sales in the entry-level to mid-range segment, but will not venture into the ultra-low-price segment.

03 September 2012 • 06:43 AMT
China’s giant Baidu to invest $1.6bln to set up cloud computing center

Baidu is pushing deep into cloud computing as the heart of its mobile strategy in order to capitalize on the booming sector.

03 September 2012 • 05:29 AMT
Hungarian PM lets his people down, Aliyev appears liar

The story with Ramil Safarov’s extradition once again proved the truth: anything can be bought. Petrodollars nullify any moral or even legal considerations. However, the most interesting part began after the jet, with Safarov on board, landed in Baku.

02 September 2012 • 17:25 AMT
Sudan, South Sudan agree to resume flights between capitals

The two countries have been at loggerheads over a variety of issues since South Sudan split away from Sudan a year ago.

02 September 2012 • 16:25 AMT
Pirate Bay founder arrested in Cambodia

The operations of the Pirate Bay were largely shut down in Sweden six years ago, but the website has continued to function.

02 September 2012 • 16:20 AMT
At least 1,600 people killed last week in Syria: UNICEF

UNICEF spokesman Patrick McCormick provided the death toll of 1,600 and said it included some children.

02 September 2012 • 16:08 AMT
Apple rumored to be revamping its earbuds

Currently, the earbuds that come bundled with Apple products have a rating of less than 2.5 of 5 starts on Apple’s store website.

02 September 2012 • 15:30 AMT
UK Prime Minister vows to breathe life into economy

Britain remains mired in recession amid painful state austerity cuts and ongoing fallout from the debt crisis in the eurozone.

02 September 2012 • 15:21 AMT
WCC condemns extradition of Azeri murderer by Hungary

Secretary General of the World Council of Churches Olav Fykse Tveit expressed indignation over the decision of Hungarian authorities.

02 September 2012 • 15:14 AMT
Hungarian cardinal sends letter of support to Karekin II

Cardinal Erdo condemned violence and hatred, saying “may God bless Armenian people and bestow justice and peace on them.”