Business & Economy

My home is not your home

06.10.2009

The situation in the real estate market is frozen and it I not clear what will happen next. Buyers are waiting for further depreciation in the real estate market to buy real estate. Certainly this point of view is justified but only the government and major construction companies believe (or want to believe) this point …

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Waiting for another “March 3”

03.10.2009

All what is happening in the market of foreign currency exchange can be called “déja-vu”. When we follow the processes it seems that we are having the same processes as in April. Specifically, this process looks pretty much like what was happening till March 2. Later, on March 3, the national currency “exploded”. The difference …

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Invincible mothers-in-law

03.10.2009

Indeed our article is not about mothers-in-law or especially against them. Vice versa, it more relates to their sons-in-law especially the ones, who have high titles. In others words we have so many times spoken about corruption. We had an occasion to remember this phenomenon when two days ago the Global Corruption Report 2009 of …

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Virtual or real Armenia?

03.10.2009

It is several days that Shant TV is showing a video ordered by the national competition foundation of Armenia, in which people are advertising “the Armenian world” and calling on foreign investors to come and make investments in Armenia… Among such people there are also artists who are known by people as actors of “Vorogayt” …

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Armenian dried fruits in Azerbaijan

28.09.2009

The employees of the food quality inspection department of Azerbaijan conducted inspections in Masalini region of the country. During the inspections they found out products, the labels of which were written in Armenian. “Thus, during the inspections of the warehouse belonging to some Adam Yagubov sweets, cakes and spices were found with the label reading …

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Consequences of “free environment”

28.09.2009

More than a hundred angry farmers in Armenia’s wine-growing Ararat region rallied late yesterday to protest against a sharp cut in the cost of grapes which they said is planned by wine and brandy companies. The protesters, who own vineyards in more than a dozen local villages, threatened to block a major highway leading to …

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From the world of miracles

21.09.2009

“Success arrives only when you are seriously disposed to something. Without the actual work the words of the leaders are pointless,” yesterday said the former Prime Minister of Singapore, author of the Singaporean Miracle Lee Kuan Yew. To the words uttered by the 84-year-old man would silently consent or nod the members of our government …

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Slump at 18.4%

21.09.2009

According to the information collected recently, during the period of January-August the GDP of Armenia amounted at 1 trillion 761.8 billion dram, which is less by 18.4% than the GDP of the same period of the previous year. As during the past months, this time the highest slump was in the sector of construction and …

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Most important is the “origin”

21.09.2009

Finally the authors of the package of the tax changes reached their goal. In the NA the package was adopted by the first reading and quite quickly. Well, it was a good occasion; it was the first day of the session. The majority of the MPs were present (this doesn’t happen too often at the …

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Cash machines are the last hopes

18.09.2009

Prime minister Tigran Sargsyan will stay in the history of Armenia as a person, who eventually could make the Armenian drivers use the security belts of their cars. In fact Tigran Sargsyan could do it not as a result of hard work or fantastic efforts but due to the fact that at least he could …

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