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Edik Baghdasaryan An interview with Doctor of Economics, Professor Tatul Manaseryan [September 10, 2007] – The rise in value of the Armenian Dram relative to the U.S. Dollar continues to worry citizens of Armenia, importers and charitable organizations. No one seems able to provide the explanations they desire for this phenomenon ... [full story]
Lena Nazaryan [September 10, 2007] Hetq is beginning a new series of articles called Made in Armenia , aimed at presenting the activities of Armenian companies that export products to foreign markets and the problems and challenges they face... [full story]
Edik Baghdasaryan [September 3, 2007] Former Minister for Environmental Protection Vardan Ayvazyan issued 7 licenses on the same day - December 19, 2005 - for the exploration of 4 sectors of the Hankavan mine area and 3 sectors of Meghradzor in the province of Kotayk ... [full story]
Ararat Davtyan [August 27, 2007] In 1999, the license to exploit the Aygedzor and Terterasar mines at Meghri was given to a company called Sipan-1. The latter built a gold extraction plant and operated the mines for about four years ... [full story]
Edik Baghdasaryan [August 20, 2007] “...Upon publishing the article (They're Getting Rid of the Indians and Bringing In the Russians) further investigation revealed that the Madneuli Stock Company purchased all the shares of the Golden Ore, LLC in December 2006 ... [full story]
Edik Baghdasaryan [August 13, 2007] The two-year ongoing battle between the Ararat Gold Recovery Company (AGRC, LLC) , owned by the Indian billionaire Anil Agarwal, and the Government of the Republic of Armenia (ROA), appears to have entered its final phase ... [full story]
John Helmer [August 13, 2007] The Armenian Government goes to court on Monday of this week to revoke the gold mining licence issued in 1999 to the Ararat Gold Recovery Company (AGRC) ... [full story]
Lena Nazaryan [July 30, 2007] As recently as a few years ago, the techniques used for baking bread were laborious and it took 10-12 hours for the dough to ferment and be ready to bake. Today, the use of catalysts and enzymes has decreased that time considerably – bread can be baked in 3-4 hours now. Catalysts, which bakers used to call bread vitamins ... [full story]
Lena Nazaryan [July 23, 2007] In May this year, the price of bread went up by 10-20 drams on average. The press linked this inflation to those candidates in the May 12 Parliamentary Elections who deal in the import of wheat. The connection between the electoral candidates and the inflation has been summed up as follows ... [full story]
Larisa Paremuzyan [July 9, 2007] According to residents of Atan, a village of 400 in the Lori Marz, there has been an outbreak of disease among their livestock that has lasted for fifteen or twenty days now. Said Susanna Simonyan, “All the animals in the village are sick, saliva drips from their mouths, they can't walk, they fall down, and they have sores on their bodies. The efforts of the village veterinarian have been ineffective; there is little medicine available and not all the animals receive it. Furthermore, he cannot help all the animals by himself, and there is no help from outside.” ... [full story]
Tigran Kyureghyan [July 9, 2007] In 1996 Tigran Kyureghyan left Yerevan for the liberated territories, took up residence in Karvatchar, and implemented projects aimed at resettling the villages. Today he lives in Berdzor and works on a variety of development programs in Kashatagh. Tigran Kyureghyan has served a Deputy of Armenia's Supreme Council (1990-1995) and later as a Deputy of the National Assembly of the Nagorno-Karabakh Republic (NKR) ... [full story]
Larisa Paremuzyan,
Edik Baghdasaryan [July 2, 2007] On June 1, the Akhtala Mine Enrichment Plant (AMEP) owned by Metal Prince ltd. closed down. The plant owners will, in all probability, sell it in the near future to a Russian company owned by an oligarch from St. Petersburg ... [full story]
Small and Medium sized businesses develop only when the government does not interfere Interview with Tigran Jrbashyan, the Armenian director of the Armenian-European Policy and Legal Advice Centre (AEPLAC) [June 11, 2007] - To what extent the economic situation of Armenia meets the demands of a market economy? What are the main obstacles to an effectively functioning market economy in the country? ... [full story]
John Helmer [May 14, 2007] A tussle of superpower dimension may be looming as a major Russian mining figure, Sergei Vybornov, newly appointed chief executive of Alrosa, prepares a joint gold mining investment project with officials of the Azerbaijan Government ... [full story]
Edik Baghdasaryan [April 23, 2007] “The volumes of foreign investments in the fields of mineral resource industry and metallurgy in Armenia in 2006 amounted to $110 million, which is comparable to the last year's showing,” stated a press release by Arminfo on April 6, 2007. The source of the information is Tigran Davtyan, deputy minister of Trade and Economic Development ... [full story]
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