Tag Archives: crisis

Armenia Seeks Another Major Loan from Russian-Led Group

The Armenian government moved on Thursday to obtain yet another large-scale foreign loan which it hopes will help the country overcome the ongoing economic crisis.

Government Again Fails To Sell ‘Opposition’ Firm

The Armenian authorities have again failed to sell off a mineral water company that was controversially confiscated from a wealthy opposition-linked businessman, a senior official said on Wednesday.

Armenian Cement Plant Closed Down Amid Construction Slump

Citing a continuing slump in construction, one of Armenia’s two cement factories halted production operations and effectively laid off most of its 600 workers on Wednesday.

Surprise Resignation After Washington Meeting Sends Shockwaves

The sudden resignation of veteran Turkish diplomat Nabi Sensoy before his tenure in Washington was set to expire in early 2010 has spurred questions about a potential rift between the Turkish government and its diplomats. Retired ambassadors contacted by the Daily News say the government has failed to give credit to Sensoy’s nearly four-decade-long diplomatic career.

Armenia’s Tycoons Cut Donations to Armenia Fund Charity

Armenia’s leading oligarchs have all but stopped funding a pan-Armenian charity that has been implementing large-scale infrastructure projects in Nagorno-Karabakh, it emerged on Wednesday.

Armenian Grape Output Sees Growth

Armenian farmers have grown 10 percent more grapes this fall and have already sold out of them despite the ongoing economic crisis, the Ministry of Agriculture said on Tuesday.

Another World is Possible: An Interview with Khatchik DerGhougassian

In an exclusive interview with Haytoug, Khatchik DerGhougassian, a professor of International Relations at the Universidad de San Andrés in Argentina, discusses the social, economic and political challenges plauging the 21st century and, with a focus on Armenia, outlines the potential for progressive movements to change the status quo, both locally and globally.

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