Business & Economy

Yesterday head of the “ArmRusGazard” board, Karen Karapetyan, expressed his opinion about giving Hrazdan’s fifth energetic bloc to Russia. As expected, he expressed the following approach, “It is the best deal for Armenia”. “It gives Armenia a very good opportunity to pay the same prices for gas during the next three years. In fact, this …

On May 22, the economical journalists’ club organized a round table and invited general director of “ArmRusGazard” company, Karen Karapetyan. It was expected that the invited participant of the discussion entitled “the prospects of natural gas field development in Armenia”, would be the head of a monopolistic organization. The shareholdings of this company are distributed …

The Armenian employees of the Yerevan Brandy company and the Armenian staff have been going through conflicts for quite a while now. At the same time the French management does its best not to let any rumors go around and wants to keep it all a secret. The company management has distributed fliers to the …

The International Currency Fund (ICF) will be able to provide Armenia with yet another 3.28 million SDR (approximately 4.9 million dollars) credit loan. This loan, which the ICF provides to poor countries, is aimed towards economic development, social and structural reforms and has a goal to lower the level of poverty in the country. It …

Armenian press is full of articles about the collapse of Rule of Law and its former members that left the party. Even the national television news broadcast spoke with irony about these businessmen. As for journalists, they say that rats leave the ship first. It is probably not wrong to use such terms concerning some …

True, the dollar rate used to go down by 5-6 drams from time to time, but there was no sharp tendency. In fact, we don’t really pay attention to the 5-6 dram tendency because in a year and a half (from the beginning of 2004 to the first half of 2005) we “lost” 140 drams …

We wonder whether the Russian embargo on Georgian wine and water products will be beneficial for Armenian producers. In response to this question, head of the businessmen’s union Arsen Ghazaryan said that the embargo didn’t mean anything for our economy. He thinks that the other rumors are something like a conversation between drunk people sitting …

Based on banking legislation, trade banks that violate the norms periodically let the public know about the violations. But the Central Bank is not satisfied with just that. The supervising body has always wanted to promulgate some punishments for banks. “If we start announcing the punishments, then the Central Bank will be controlled by society …

The Russian version of the well-known “Forbes” magazine has published a list of the top 100 richest businessmen. We at “168 Hours” think that the list will be pretty interesting for our readers, but we have only been able to list the top 10 due to the large list. Thirty-four year old Danil Khachaturov was …

Our society is always indifferent to different kinds of public polls. Definitely the reason is the publication of the results on the threshold of elections. On the other hand, it is rare to see this kind of analysis among society . Maybe the reason is the fact that they cost much. Accordingly it is worth …