News articles

Medzamor Working at Decreased Capacity

YEREVAN (Noyan Tapan)Speaking before Armenia’s National Assembly–Minister of Energy Gagik Martirossian said that the first turbogenerator of the Medzamor Nuclear Power Plant which was shut down early Tuesday was reactivated the following morning. The second turbogenerator was put into operation at 9:15 a.m. that morning–and the plant is currently working at a 280 megawatt capacity.

Khachatrian Re Elected Cru Chairman

YEREVAN (Noyan Tapan)Hrant Khachatrian was re-elected chairman of Armenia’s Constitutional Rights Union during the organization’s eighth annual conference on Wednesday. Haik Baboukhanian was re-elected vice-chairman. According to the CRU administrative body–a control commission was set up and new members were admitted to the group. "The opinion expressed by the US Ambassador to Armenia that the

UN Peace Keepers Probe Renewed Violence in Cyprus

NICOSIA (Reuter)United Nations forces in Cyprus launched an inquiry into a shooting incident between Greek and Turkish Cypriots on the divided island on Thursday morning–UN officials said. Opposing sides on the divided island gave different accounts of the incident–which took place between 2 and 3 a.m. in the vicinity of the Turkish-held village of Louroujina–12

Stone Age Museum to Open in Armenia

YEREVAN (Noyan Tapan)The Karedaran organization is planning to open a Stone Age Culture Museum in Yerevan–organization chairman Souren Ayvazian said. The museum will exhibit rock drawings–cuneiform writing–solar clocks and carvings of dragons created in ancient Armenia–as well as cross carvings from different periods. Ayvazian said that UNESCO is expected to assist the organization in establishing

Year Begins with Increased Investment

YEREVAN (Noyan Tapan)The January 1997 investment activity index–"Hrant," has increased by 18 percent compared to the previous month. The reported growth for December 1996 was 7.4. This clearly differs from the situation observed last year when the index was constantly falling– "Hrant" brokerage director Haik Martirossian said. In 1996 the index dropped two-fold–from 15.11 in

Midland Armenia Bank Broadens Clientele

YEREVAN (Noyan Tapan)In the coming months Midland-Armenia Bank will broaden its client base to include foreign businessmen who will bring new investmen’s and new technologies to Armenia–according to bank executive David Budd. New customers from Hong Kong and other Asian countries are expected to arrive in Armenia to discuss the details. Budd also announced that

Travel Agent Gets 85 Years

LOS ANGELES (UPI)A California man has been sentenced to 85 years in federal prison for killing a fellow travel agent who refused to bail him out of a business problem and sell him airline tickets. Garen Zakarian–a Glendale resident–had been convicted of weapons charges and obstructing interstate commerce by robbery and physical violence in connection

OSCE Proposes Third Minsk Group Chair

PRAGUE (RFE/RL)A representative of the Organization for Security and Cooperation in Europe has proposed adding the United States to the chairmanship of the negotiating group attempting to settle the issue of Nagorno-Karabakh. The Minsk Group–which had been charged with mediating a resolution in the nine-year struggle in Nagorno-Karabakh–is currently co-chaired by the Russian Federation and

Prosecutors Call for Removal of Deputy’s Immunity

ISTANBUL (Reuter)Istanbul prosecutors investigating two Turkish government deputies at the center of a security scandal have recommended that their parliamentary immunity be lifted–Anatolian news agency said Tuesday. Justice Minister Sevket Kazan said last month that he would approve any request by the prosecutor’s office to lift the immunity of the two deputies–who the local media

ARF Youth of Greece Meet with Political Parties

ATHENSMembers of the Armenian Revolutionary Federation Youth Organization of Greece met with representatives of several youth organizations of Greek political parties Sunday to discuss several issues ranging from the situation in Armenia to Western oil interests in Azerbaijan. The ARF Youth members outlined developmen’s in Armenia’since last September’s presidential elections and addressed several factors surrounding