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25 May 2012 • 14:01 AMT
Weekly digest of foreign currency deals

From May 14-April 20, AMD loans granted by banks totaled 29 bln, while USD loans amounted to 35 million.

25 May 2012 • 14:00 AMT
Cannes: Korea’s Finecut nabs rights to “In Another Country” art house flick

The film features Isabelle Huppert in a triple role as three very different women all named Anne visiting a Korean seaside resort.

25 May 2012 • 14:00 AMT
Expert: Putin’s coming to power will intensify U.S.-Russia rivalry

Ruben Safrastyan says NATO won’t issue any assurances to Russia, suggesting missile defense systems are not aimed against it.

25 May 2012 • 13:51 AMT
“Intouchables” screenings to be preceded by Paul McCartney-directed short

The three-minute short, based on an idea by the director’s daughter Stella, stars Johnny Depp and Natalie Portman.

25 May 2012 • 13:51 AMT
David Nalbandian to face Adrian Ungur in French Open round 1

On May 25, draw for the French Open men’s singles ahead of the second Grand Slam event of the season was held.

25 May 2012 • 13:39 AMT
History re-written in “Abraham Lincoln: Vampire Hunter” trailer

The gruesome and graphic trailer features an ax-wielding Benjamin Walker on a mission to avenge his mother’s death.

25 May 2012 • 13:31 AMT
Grant Bowler to star opposite Lindsay Lohan in Elizabeth Taylor biopic

Bowler, whose recent credits include the now-canceled ABC primetime soap GCB, will play Burton in the telefilm.

25 May 2012 • 13:23 AMT
The Guardian: life in Azerbaijan is as grim as ever

Azerbaijan’s hosting of the Eurovision song contest has thrust the oil-rich country into the international spotlight.

25 May 2012 • 13:12 AMT
President’s refusal to attend NATO summit correct decision – expert

The head of Oriental Studies Institute characterized the decision as logical, further citing reasons to support president’s refusal.

25 May 2012 • 13:07 AMT
Expert: Chicago summit enables Georgia’s accession to NATO

Ruben Safrastyan further noted that Georgia’s territorial problems question its membership in the North Atlantic Alliance.

25 May 2012 • 12:50 AMT
Areximbank-Gazprombank Group joins Unistream money transfer system

The system enables instant money transfers to CIS states, as well as foreign countries: USD, Euro and Ruble transfers are possible.

25 May 2012 • 12:48 AMT
USD market average rate totals AMD 406,68 May 25

The market average rate of USD totaled AMD 406,68 on May 25, increasing by 4.01 points compared to May 24.

25 May 2012 • 12:47 AMT
Armenian PM to attend CIS meeting in Turkmenistan

Armenian delegation headed by Prime Minister Tigran Sargsyan will pay a two-day working visit to Ashgabat.

25 May 2012 • 12:31 AMT
Azeri President will eventually have to decide on Karabakh issue – expert

Rauf Mirkadyrov: renewed was in Karabakh might be the only means for Ilham Aliyev to retain power.

25 May 2012 • 12:18 AMT
Armenia’s political struggle centered inside RPA – expert

Caucasus Institute director said that the past year was not remarkable for outstanding foreign policy events in Armenia.

25 May 2012 • 12:16 AMT
Baku’s economic, political power centered in several individuals’ hands – expert

Rauf Mirkadyrov: with certain petrodollar-based reserve formed, Azeri govt. itself invests in country’s economy.

25 May 2012 • 12:15 AMT
Nokia, Microsoft announce improvements for Bing Maps

The traffic information also provides details on accidents and delays that could delay people using the map to get around.

25 May 2012 • 12:11 AMT
Microsoft awaits antitrust penalty decision June 27

The decision found that Microsoft was charging competitors too much for interoperability information for its servers.

25 May 2012 • 11:58 AMT
Lakers’ Kobe Bryant makes All-NBA team for 10th time

Bryant, a first-team pick for the seventh straight season, joined Kareem Abdul-Jabbar, Elgin Baylor, Bob Cousy, Michael Jordan.

25 May 2012 • 11:58 AMT
EU may impose sanctions on human rights violators in Azerbaijan

European Parliament urges EU member states to consider sanctions against those responsible for human rights violations.

25 May 2012 • 11:47 AMT
Berlin to host Abraham v. Stieglitz clash Aug 25

Abraham has won 2 straight after losing 3 bouts in the Super Six tournament; Stieglitz has gone undefeated since 2008.

25 May 2012 • 11:41 AMT
China says Iran nuke talks gained “new achievements”

“All sides put forward their concerns and proposals, as differences and common ground both exist,” Ma Zhaoxu said.

25 May 2012 • 11:40 AMT
ANC petition to annul parliamentary poll results to be discussed May 25 – paper

Earlier, ANC filed a petition in Constitutional Court requesting to announce the results of May 6 parliamentary elections invalid.

25 May 2012 • 11:39 AMT
Paper: President Sargsyan angry with SCPEC chair Artak Shaboyan?

When asked to comment on the issue above, SCPEC spokesperson Gayane Sahakyan called the information absurd.

25 May 2012 • 11:28 AMT
Russia’s Putin to visit Germany, France

The Russian president will arrive in these countries on the invitation from Angela Merkel and Francois Hollande.

25 May 2012 • 11:15 AMT
Paper: who will get Internal Affairs Minister’s post?

Haykakan Zhamanak: at least 5 main departments will be formed at the ministry, with 4 of them to act as police structures.

25 May 2012 • 11:15 AMT
Top ECB official says “urgent financial overhaul” needed

Peter Praet also called for a eurozone-wide deposit insurance program similar to the U.S. Federal Deposit Insurance Corporation.

25 May 2012 • 11:03 AMT
Genocide monument unveiled in South Australia

Representatives of the Armenian, Pontian Greek and Assyrian communities gave appropriate readings from the Bible.

25 May 2012 • 10:41 AMT
Paper: MP Samvel Alexanyan seen distributing money during a party

Alexanyan said the money was meant for employees of Malatiya-Sebastiya electoral district to thank them for good job at parliamentary poll.

25 May 2012 • 10:35 AMT
Peace mediator Annan to visit Syria soon – spokesman

Fawzi has repeatedly said that Annan, whose plan has failed to stop the violence, would travel to Syria when the time was right.