First West Coast "Armenians And Progressive Politics" Conference On

FIRST WEST COAST "ARMENIANS AND PROGRESSIVE POLITICS" CONFERENCE ON JUNE 6-7

armradio.am
21.05.2008 10:25

The first West Coast "Armenians and Progressive Politics" Conference
is coming on June 6 and 7, 2008. The conference will be a critical
examination of subjects pertinent to Armenians’ political, social,
and economic situation within a global context.

Featuring distinguished speakers from academia, labor unions, community
organizing, the arts, and media, this series of five panels breaks
new ground. Particularly lively presentations and public discussion is
anticipated for the plenary session scheduled for Friday night, June 6.

Avedik Izmirlian, a member of the organizing committee noted, "We’re
excited to bring this program to the Greater Los Angeles community. Our
colleagues on the East Coast are hosting their conference a week
before ours and another has taken place in Argentina."

The panels’ topics are Raising Social Consciousness Through Art and
Music, Women’s Issues/Feminism, Social and Democracy Issues in Armenia,
Labor and Related Social Issues, and Media Democracy and Reform.

Armenian Banks’ Representation, Advertising Expenses 377.3mln In 1st

ARMENIAN BANKS’ REPRESENTATION, ADVERTISING EXPENSES 377.3MLN IN 1ST QUARTER 2008

ARKA
May 21, 2008

YEREVAN, May 21. /ARKA/. The Armenian banking system’s representation
and advertising expenses totaled 377.3mln AMD in the 1st quarter of
2008 – a 14.64% decrease as compared with the corresponding period
last year.

An analysis made by the ARKA News Agency on the basis of the banks’
financial reports showed that one bank’s representation and advertising
expenses averaged 17.2mln AMD in January-March 2008 against 21mln
AMD in the corresponding period last year. Thus, one bank’s monthly
advertising and representation expenses averaged 5.7mln AMD.

The ACBA Credit Agricole Bank recorded the largest representation and
advertising expenses – 57.2mln AMD or 15.15% of the banking system’s
total advertising and representation expenses. On the other hand,
the bank’s representation and advertising expenses proved to be 46.76%
less in January-March 2008 as compared with the corresponding period
last year.

The Unibank recorded the second largest representation and
advertising expenses – 52.5mln AMD (13.91% of the banking system’s
total advertising and representation expenses). The bank increased
its advertising and representation expenses by 4.825 as compared with
January-March 2007.

The Anelik Bank recorded the third largest representation and
advertising expenses – 40mln AMD (a 46.56% decrease as compared with
January-March 2007). The Areximbank and Armeconombank rank 4th and 5th
– 37.6mln AMD and 30.23mln AMD respectively. The first leading banks’
advertising and representation expenses constituted 57.67% of the total
advertising and representation expenses of Armenia’s banking system.

The BTA Investbank recorded the largest share of advertising expenses
in other operating expenses. It is followed by Areximbank (41.72%)
and Unibank (36.1%).

Despite a general decrease in advertising and representation expenses
recorded in Armenia’s banking system, many banks considerably increased
their expenses. Specifically, Armimpexbank increased its advertising
and representation expenses 5.29 times up to 2.5mln AMD, Inecobank
2.64 times up to 16.4mln AMD, BTA Investbank 2.52 times up to 16.9mln
AMD, Armeconombank 2.12 times up to 30.3mln AMD. In absolute terms,
Armeconombank recorded the largest increase in its advertising and
representation expenses – 16mln AMD, followed by Inecobank (a 10.2mln
AMD increase) and BTA Investbank (a 10.2mln AMD increase).

Eleven banks recorded decrease in their advertising and representation
expenses.

The advertising and representation expenses of the Byblos Bank
Armenia totaled 4.7mln AMD in January-March 2008 – 32.63% of the
amount recorded in the corresponding period last year.

Ardshininvestbank’s advertising and representation expenses totaled
9.5mln AMD (33.91%).

Lavrov: Russia Works For Sargsyan-Aliyev Meeting

LAVROV: RUSSIA WORKS FOR SARGSYAN-ALIYEV MEETING

PanARMENIAN.Net
20.05.2008 17:25 GMT+04:00

/PanARMENIAN.Net/ Russia works for organization of a meeting between
Armenian and Azerbaijani Presidents for negotiations on Nagorno
Karabakh, Russia’s Foreign Minister said.

Russia is concerned about the situation in Nagorno Karabakh, Sergei
Lavrov told the State Duma.

"The possibility of a presidential meting is under discussion. We are
convinced that a solution acceptable for both Armenia and Azerbaijan
can be found," he said, ITAR-TASS reports.

Armenia And Turkey Interests Don’t Coincide

ARMENIA AND TURKEY INTERESTS DON’T COINCIDE

PanARMENIAN.Net
20.05.2008 18:25 GMT+04:00

/PanARMENIAN.Net/ Armenia MP, member of the ruling Republican Party of
Armenia, Armen Ashotuan thinks that the true and announced interests
of Turkey and Armenia do not coincide.

"If the interests, which are just declared, can be compared, so
the true interests clash only," Ashotyan told "Global Challenges
and Threats: Are Joint Efforts between Armenia and Turkey
Possible?" international conference in Yerevan.

"If Armenia needs Turkey as a steadily developing neighbor,
Turkey needs Armenia at the instigation of world powers and major
international organizations," the MP said.

"Armenia’s global and regional interests focus international
recognition of the Nagorno Karabakh Republic, open communication and
recognition of the Armenian Genocide. Turkey is aspired to join the
EU and maintain Turkish unity," he noted.

"Turkish unity supposes that Turkey doesn’t accept any possibility of
relations with Armenia unless the Karabakh problem is resolved. Fearing
for its territorial inviolability, it keeps on denying the Armenian
Genocide, which is frequently used as a stumble block for Turkey’s
accession to the EU," Ashotyan said, Novosti Armenia reports.

Opposition To Have NA Vice-Speaker

OPPOSITION TO HAVE NA VICE-SPEAKER
Lilit Poghosyan

Hayots Ashkhar Daily
Published on May 20, 2008
Armenia

But In The Next Parliament

Speaker of the National Assembly Tigran Torosyan answered the
questions of the journalists yesterday, the overwhelming majority of
which were regarding the draft law on making amendments in the law on
"Holding meetings, rallies and demonstration marches", submitted to
the parliament by his signature.

"Venice Committee has recorded in its conclusion that the bill mainly
meets the terms of the European standards, but meanwhile considers a
"regress" that the notification term has changed from three to five
days. Don’t you intend to return to the previous version?"

"With pleasure! But how? I asked the experts to give an option. How
can we reduce the term? Another problem has appeared – the conclusion
of the competent body and for this naturally we need some time. In
case of appealing, people must get the answer to their question
beforehand. That is why we can’t remove the two days previewed for
the court hearing. This is the problem."

"The pro-oppositional powers complain and even consider it strange
that only you have signed under the bill?"

"It was only due to some limitations linked with the organization
of the work. According to the regulations the bill, signed by the
Speaker of the National Assembly is immediately included in the
agenda. Otherwise the bill must pass all the required procedures –
the conclusion of the Committee, etc.

And besides that, my attitude towards the signatures under any bill
is philosophic. I’m sure anyone would have signed under the bill
had they been given this chance. And after all it is not a book or a
scientific discovery it is a simple bill that requires discussion. When
it turns into a law, it will be a law passed y the National Assembly
and there is no issue of copyright here. People need to be a bit
honest and if they failed to understand the explanations given by
others, they should ask again."

"In your speech you underscored that you haven’t received any proposals
regarding the bill. Whereas "Heritage" declares that they have only
recently familiarized themselves with this bill."

"Beginning from April 25, the bill has been in our website. Moreover we
have sent them to the fractions and those who wanted to make proposals
regarding the bill could do so within 25 days. When people speak
about artificial delays about "swiftly" submitted bills, without
making any proposals, in my view everything is clear itself."

"Do you think there has been any practical steps made towards the
implementation of the PACE resolution 1609: the dialogue between the
government and the opposition."

"Firstly this is the bill that fully complies with the requirements
of Venice Committee and was estimated positively. Secondly, we have
established a working group to study the election processes, where
we have included extra-parliamentary political powers and observation
organizations as well.

During the coming four days most probably we will set a temporary
committee, in which we will again include extra-parliamentary powers
and representatives of different organizations, whose professional
skills will be helpful to the committee. Those who have participated
in the electoral processes can have their representatives in this
committee. But if they don’t have the desire, no one has the right
to force them. We will also invite representatives and experts of
different international organizations.

After a week or so, we will circulate a bill linked with the amendments
in NA regulations, which will envisage certain competences for the
parliamentary pro-oppositional powers. There is a resolution passed
this January, which envisages the competences of the parliamentary
opposition.

There are 27 points there, 22 is at the moment, being envisaged by
our regulations.

We shouldn’t also forget about the committee established by the
country’s President. The formation of the Public Palace should also
be observed on the plane of the dialogue. Parliament is also a place
for a dialogue, a limited dialogue, of course, because the seats of
the pro-oppositional powers are strictly limited as compared with
the parliamentary majority."

"Don’t you intent to give the position of the vice Speaker of the
National Assembly to a pro-oppositional candidate to raise the role
of the opposition?"

"In my view opposition will have their vice Speaker of the Parliament,
but in the next, 5th parliament."

Re-Arrangements

RE-ARRANGEMENTS

Hayots Ashkhar Daily
Published on May 20, 2008
Armenia

ARFD parliamentary faction will be hereafter headed by former NA Vice
Speaker Vahan Hovhannisyan, and "Rule of Law" faction will be headed
by its former Secretary Heghine Bishryan. Newly elected MP Khachik
Haroutyunyan will be the new Secretary of "Rule of Law".

The only candidate proposed for the post of the NA Vice Speaker at
yesterday’s session was former Head of ARFD faction Hrayr Karapetyan.

Insurance Company ‘HSBC Bank Armenia’ To Specialize On Life Insuranc

INSURANCE COMPANY ‘HSBC BANK ARMENIA’ TO SPECIALIZE ON LIFE INSURANCE

arminfo
2008-05-20 14:33:00

ArmInfo. Insurance company will mainly specialize on life insurance,
chief executive director of Tim Slator said at the press-conference
when replying at ArmInfo correspondent’s question.

He also added that specific terms of this company entering the
insurance market is defined by introduction of relevant legislative
basis. ‘We shall start insurance when Central Bank confirms necessary
standards including those regarding pension insurance’, – he said.

Tim Slator said earlier that ‘HSBC Bank Armenia’ will enter Armenian
insurance market in 2009.

To recall, today 10 insurance companies are functioning in Armenia,
but none of them deal with life insurance.

GDP Of Armenia Grows By 9.3% In January-April 2008 On Same Months Of

GDP OF ARMENIA GROWS BY 9.3% IN JANUARY-APRIL 2008 ON SAME MONTHS OF 2007

Noyan Tapan

Ma y 20, 2008

YEREVAN, MAY 20, NOYAN TAPAN. Armenia’s GDP grew by 9.3% in
January-April 2008 on the same period of 2007 and made 696 bln 104.7
mln drams (about 2 bln 257.9 mln USD). The GDP index-deflator made
106.8%.

According to the RA National Statistical Service, industrial production
grew by 0.1% in Armenia in January-April 2008 on the same months of
2007 and made 226 bln 590.6 mln drams.

The gross agricultural output increased by 1.3% to 64 bln 164.5
mln drams, construction – by 16.8% to 71 bln 132.9 mln drams, retail
trade – by 3.5% to 253 bln 592.1 mln drams, and services grew by 11.2%
to 171 bln 740.8 mln drams.

Armenia’s foreign trade grew by 28.3% as compared with January-April
of last year and made 1 bln 531.4 mln USD, with exports growing by 4.4%
to 337.2 mln USD, imports – by 37.2% to 1 bln 194.2 mln USD.

Consumer prices rose by 8.6%, industrial production prices – by 3.1%
in January-April 2008 on January-April 2007.

The number of officially registered unemployed persons declined
by 11.6% in late April 2008 on the same date of 2007 and made 76.3
thousand.

The average monthly nominal salary made 85.72 thousand drams in the
first four months of 2008 (22.3% growth on the same period of last
year), including the salary of employees of budgetary institutions
– 61.101 thousand drams (17.8% growth) and that of employees of
nonbudgetary institutions – 107.293 thousand drams (23% growth). The
average exchange rate of a US dollar made 308.3 drams in January-April
2008. The same index in 2007 made 342.08 drams.

http://www.nt.am/news.php?shownews=113575

A. Rustamyan: "Raffi Hovhannisyan Part Of Dialogue, Not Negotiator"

A. RUSTAMYAN: "RAFFI HOVHANNISYAN PART OF DIALOGUE, NOT NEGOTIATOR"

Panorama.am
18:24 20/05/2008

Today the representatives of mass media asked Armen Rustamyan a
member of the ARF CB whether he has accepted Raffi Hovhannisyan’s
invitation to hold a dialogue in Armenian Strategic Research Center
at 20:00. Mr. Hovhannisyan has invited the president of Armenia Serzh
Sargsyan, Levon Ter-Petrosyan, Armen Rustamyan, Arthur Baghdasaryan
and Gagik Carukyan to gather and discuss the ongoing situation created
in Armenia.

In this regard A. Rustamyan said, "It is not quite clarified who
is Hovhannisyan in this scene a negotiator or a part. These are
quite different conditions. If he is acting as a negotiator then the
acting manner is not right as he should announce about the initiative
beforehand. I do not think that the members invited to the dialogue
are the free members in the country. Each member invited has an agenda
and plans for the day."

According to the ARF representative Mr. Hovhannisyan acts as a part
of opposition as he has protected Levon Ter-Petrosyan. In this regard
it was a right point to take part in the meeting discussion invited
by the president yesterday.

The ARF representative stated that the initiative taken by Hovhannisyan
to organize the meeting between the president nad Levon Ter-Petrosyan
is a good one.

He said that the working group is also aimed to form a platform for
the meeting of the authority and opposition members.

Karabakh Movement: Realities And Perspectives

KARABAKH MOVEMENT: REALITIES AND PERSPECTIVES

DeFacto Agency
May 20 2008
Armenia

YEREVAN, 20.05.08. DE FACTO. The international conference entitled
"Karabakh Movement: Realities and Perspectives" will be held at the
Nagorno-Karabakh Republic /NKR/ Parliament on May 23-24.

According to the information DE FACTO received at the NKR National
Assembly’s Press Office, the conclusive sitting of the working group
for the conference’s preparation presided over by the Parliament
Speaker Ashot Gulian was held in this connection on May 19.

The conference’s program and composition of its participants, the
themes of the reports and statements, as well as other issues of
organizational and procedural nature were verified in the course of
the sitting.