Monthly Archives: May 2012

Secretary Clinton to Travel to Armenia

Regional Security, Economic Development, and Human Rights, Will be Discussed WASHINGTON, D.C — Secretary of State Hillary Rodham Clinton will travel to Armenia on June 4th and will meet with President Serzh Sargsian and other senior Armenian officials. She will … Continue reading

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Prosperous Armenia Rejects the New Ruling Coalition

YEREVAN — The Prosperous Armenia Party, President Serzh Sarkisian’s lead partner in the ruling coalition, announced last Thursday that it will not be joining a new government, creating a new political playing field in Armenia. Sarkisian’s Republican Party of Armenia … Continue reading

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Debbie Poochigian Receives Widespread Community Support for her Re-election

FRESNO — Fresno County Supervisor Debbie Poochigian’s campaign for re-election received a big boost on Wednesday, May 16, 2012. Over 1,000 supporters attended a “Super Western Barbeque” held in her honor on the beautiful, sprawling ground of the California Armenian … Continue reading

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Private Remittances to Armenia Total $277.2 Million in Q1 2012

YEREVAN — USD $277.2 million was transferred to individuals through the Armenian banking system in January-March 2012. According to Armenian Central Bank’s monthly bulletin, 10.3% increase was recorded as compared with the same period of 2011. Besides the amount of … Continue reading

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What’s the Prognosis?

Following the parliamentary elections in Armenia on May 6 of this year, international observers gave a mixed report on the elections’ fairness and correctness. Generally speaking, as in the past, the observers said “there is some improvement in the electoral … Continue reading

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Armenia Shuns NATO Summit Over ‘Pro-Azeri’ Declaration

By Astghik Bedevian Armenia boycotted a NATO summit in Chicago at the weekend in protest against what it described as the pro-Azerbaijani wording adopted by the leaders of the alliance’s 28 member states. The declaration mentions the unresolved conflicts in … Continue reading

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ANCA Raises $2.2 Million at Telethon

LOS ANGELES – Over $2.2 million was raised Sunday May 20th, as a telethon was held to support the civic and education efforts of the ANCA Endowment. The telethon, which lasted six hours, was broadcast from coast to coast starting … Continue reading

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Rhode Island House Support NKR Recognition; Calls on U.S Congress to Recognize NKR

WASHINGTON, D.C — On U.S Capitol Hill, on May 17, 2012 Representatives James Langevin (D-R.I) and David Cicilline (D-R.I) made statements on the House floor in support of the people of Artsakh. U.S. Senator Sheldon Whitehouse (D-R.I) and Jack Reed … Continue reading

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IFC Invested $200 Million Over 17 Years

YEREVAN — The International Finance Corporation invested $202 million in Armenia within 17 years of its activity in the republic, IFC Senior Manager for Easter Europe and Central Asia Tomasz Telma said. IFC invested over 200 million in 35 projects … Continue reading

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Germany to Provide 40 Million Euros for Renewable Energy

YEREVAN – Germany’s state-owned development bank is likely to provide support of 40 million Euros to Armenia for implementation of programs in the sphere of renewable energy. This is the next round of the program launched in 2007; in the … Continue reading

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