Converse Bank has increased the authorized capital

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 17:00,

The authorized capital of Converse Bank has increased by AMD 3,531 B (USD 7.4 B).  The decision on replenishment of the authorized capital was taken at the General Shareholder Meeting of the Bank on April 2.

“Eurnekian Family has always prioritized the expansion of their presence in Armenia and Artsakh and has continuously made contributions to the economic development and charity programs.  Our decision is a significant step toward the creation of a stronger and more rapidly growing Bank.  On the other hand, we do believe that the Armenian economy is attractive and has a sustainable financial sector with a large earning potential.  By increasing the capital we express our confidence in the Bank in the view of implementation of the upcoming plans,” Jorge Alberto Del Aguila, Converse Bank CJSC Board member and the representative of Eurnekian Family in Armenia, said.

“The ordinal increase of capital was planned under the Bank’s development programs for 2020, which was approved back in the past year.  We completed the process in April.  In the recent years Converse Bank has demonstrated a progressively steady growth in the core business indicators by providing a firm level of profitability.  The increase of capital will enable the Bank to preserve the growth rate.  The funds will be used to expand the financing of small and medium businesses, as well as to achieve the strategic objectives of the Bank, among which the development of remote digital services,” Artur Hakobyan, the CEO of Converse Bank CJSC said.

Converse Bank was founded in 1993.  The Bank positions itself as a universal bank and views the retail banking services as a priority direction of development.  The Bank’s main financial results displayed sustainable growth dynamics in the period of 31.12.2016-31.12.2019, the assets grew by 71% and comprised about AMD 326.6 B at the end of 2019, the loan portfolio grew by 90% and amounted to about AMD 226.7 B, the liabilities increased by 77% and made about AMD 281.6 B, and the net profit grew roughly 3.5 times and made over AMD 5.4 B.  The ROE made 12.9% based on the 2019 results.




Azerbaijan protests Iran regarding Karabakh

News.am, Armenia

15:51, 16.04.2020
                  

Azerbaijani Deputy Foreign Minister Khalaf Khalafov held telephone conversations with his Iranian counterpart Abbas Aragchi and the Iranian Ambassador to Baku, Javad Jahangirzadeh.

During the conversation they discussed a social media video that was allegedly made in Nagorno-Karabakh, in which Iranian trucks supposedly transport fuel and food, contact.az reported citing the press service of the Ministry of Foreign Affairs of Azerbaijan.

This video caused serious concern for the Azerbaijani government and deep discontent of the country’s public, Khalafov said. According to him, such actions are aimed at supporting the “occupying country – Armenia, and the escalation of the conflict.” The Azerbaijani Foreign Ministry expects the Iranian side to conduct an investigation and clarify this issue.

The Iranian deputy minister, in turn, called the video disinformation. Aragchi complained about the “presence of enemies of Iran-Azerbaijan friendly relations,” which spread such disinformation.

Armenia to have “only protocol events” for genocide commemoration day as mass gatherings are banned

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 13:47,

YEREVAN, APRIL 11, ARMENPRESS. Public commemoration events for the Armenian Genocide Commemoration Day (April 24), the Shushi Liberation Day (May 8) and Great Patriotic War Victory Day (May 9) will not take place in Armenia due to the coronavirus situation, Prime Minister Nikol Pashinyan said on social media.

He said that “citizens’ participation in these events must be limited”.

“During this one month we have commemoration days and holidays, April 24th, the Shushi Liberation Day and the Great Patriotic War Victory Day. Participation of citizens in these events must be limited. If we were to allow a usual participation then we will have an uncontrollable outbreak of the coronavirus,” Pashinyan said.

He said that only “protocol events” will take place during those days.

Earlier Pashinyan said the government will extend the state of emergency for another 30 days starting April 14th.

Reporting by Norayr Shoghikyan

Edited and translated by Stepan Kocharyan




Armenia to gradually open up businesses

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 14:12,

YEREVAN, APRIL 11, ARMENPRESS. Prime Minister Nikol Pashinyan announced that certain types of businesses will be opened up and allowed to carry on their operations from April 13th.

“Agriculture, forestry, fishery, mining, electricity, gas, steam air conditioning supply, water supply, waste management and reprocessing, wastewater, transportation and warehouse operations, financial and insurance operations, public administration protection and mandatory social insurance sector, healthcare and social servicing sector of the population and the operations of foreign organizations will be entirely allowed. We have also decided to allow from April 13th the outdoor construction and tobacco industry,” he said.

Starting April 20th, other business areas such as clothing production, textile industry, household stores, scientific studies and processing sectors will be opened up.

“We understand that people must work and soon we will have a detailed consultation with our businessmen in the textile industry to show them how to organize the manufacturing maximally safe,” Pashinyan said.

Earlier Pashinyan said that the government will extend the coronavirus state of emergency for another 30 days starting April 14th.

Reporting by Norayr Shoghikyan

Edited and translated by Stepan Kocharyan




Armenpress: Russia: Coronavirus cases rise by 1,154 in Russia over past day: TASS h

Coronavirus cases rise by 1,154 in Russia over past day: TASS

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 14:45, 7 April, 2020

YEREVAN, APRIL 7, ARMENPRESS. More than 1,154 cases of the novel coronavirus have been confirmed in Russia in one day, bringing the total number of infected people to 7,497, reports TASS news agency.

The COVID-19 cases were registered in 81 regions of Russia.

According to the latest data, 494 people have recovered. The death toll has reached 58.

Edited and translated by Aneta Harutyunyan



https://armenpress.am/eng/news/1011413.html?fbclid=IwAR1o9uZTtYtGhE1T2TTTtM6qd2dUjIcBV8-nnyHpRQoE9uvuf_PlNgP8Yhw

For today’s World Coronavirus update please see  on Armenian News on FB today.

Compulsory self-insulation of persons is set in Armenia

News.am, Armenia
April 1 2020

09:16, 01.04.2020
                  

Deputy prime minister and commandant of the current state of emergency Tigran Avinyan has made a new decision on the restrictions in Armenia in the fight against the coronavirus in the country.

The new decision, published on the official website of the government, states that the right to free movement of people is hereby restricted in Armenia, and mandatory self-isolation of persons is set either in their permanent residence or at any other place of their choice, to prevent limit direct contact with other persons and to prevent the spread of the coronavirus in the country.

Free movement of population is restricted between the provinces of Armenia as well between the provinces and capital city Yerevan.

Special checkpoints shall be put in place to monitor the movement of persons and vehicles.

The decision has entered into force on April 1, and it shall remain in force until April 12.

Elyse Semerdjian reviews The Missing Pages

Heghnar Zeitlian Watenpaugh, The Missing Pages: The Modern Life of a Medieval Manuscript, from Genocide to Justice. Stanford, Calif.: Stanford University Press, 2019. 402 pp.

Review by Elyse Semerdjian

An illuminated manuscript containing the Gospels rests in an archive in Yerevan, Armenia, while eight missing pages of canon tables––concordance lists of related biblical passages––are housed at the Getty Museum in Los Angeles. The Missing Pages is Heghnar Watenpaugh’s biography of a “survivor object,” the Zeytun Gospels. The dismembered manuscript is a potent metaphor for the Armenian community scattered across the earth like looted pages during a genocide campaign that began in 1915. The missing canon tables were the subject of a 2010 lawsuit initiated by the Armenian Western Prelacy against the Getty Museum in Los Angeles over ownership of stolen Armenian heritage.

Watenpaugh’s study will be appreciated by audiences hungry for excellent story telling as she unfurls the mystery of how the manuscript was cloven in two and how its legacy spread across seven countries concluding with a lawsuit that left eight missing pages in Los Angeles. The chapters begin with creator Toros Roslin painting the sacred text within Hromkla fortress in 1256, a pristine rural enclave in Zeytun. The manuscript was moved to Marash before it was uprooted from Anatolia and brought to America. Who stole the missing pages will not be revealed in this review, but readers are sure to be surprised. While the mother manuscript traveled to the Matenadaran Repository of Manuscripts in Yerevan, the canon tables were held for seventy years by the Atamian family until sold to the Getty in 1994.

The author’s personal relationship to the Getty controversy prompts her to embrace a role as public intellectual and a more personal narrative style in this work––a refreshing break from the conventions of history writing that is sure to invite a broader audience to the conversation. With other Armenian pilgrims, Watepaugh visits the Getty Center in Los Angeles to interact with the sacred object within the church-like museum, a “gleaming white citadel of art” that mirrors in awe-inspiring wonder the “God-protected castle” of Hromkla where Toros Roslin originally ornamented the pages in luxurious jeweled colors. Watenpaugh’s talents as a scholar of material culture allows her to skillfully read the traces of exile on the manuscript’s surface. A large crease in the looted pages prompts her “to imagine how, at some point, unknown hands removed the Canon Tables from the mother manuscript, how they folded it, perhaps tucked it in a pocket or in the folds of a fabric belt like the ones men worse in the waning days of the Ottoman Empire” (p. 22).  

It is important to emphasize that The Missing Pages is a work that only Watenpaugh could write with her mastery of Arabic, Turkish, and especially Western Armenian, a language listed by UNESCO as endangered because of the destruction of Armenian cultural centers during the genocide. Through such access, pregenocide Zeytun and Marash are brought to life with her access to the prolific writing culture that Armenians had established in Anatolia and brought with them to diaspora. From these sources, she captures a moving image of Armenian Archbishop of Aleppo Ardavast Surmeian “choking” when he observed a vender in Erzurum wrapping olives in a page of manuscript containing medieval Armenian script (p. 181). Armenian books, like the Armenian people, were subjected to both casual and ritualized violence as they were stabbed, defaced, and despoiled. She estimates that these uninventoried and missing Armenian manuscripts could number as high as 30,000, explaining why the survival of the Zeytun Gospels is so meaningful to the Armenian community.

Watenpaugh offers vivid ethnographic writing of her experiences as an Armenian inside postgenocide Turkey. In those moments, she interacts with current residents of Zeytun––the descendants of those who perpetrated the killings and deportations that left the region without a single Armenian. She describes both the warm and awkward exchanges with those living among Armenian ruins they don’t recognize due to a state policy that expunged public memory of the Armenians who once lived there a century ago. She boards a boat on the flooded plain that now surrounds the Hromkla citadel, intentional flooding that continues the process of erasure that began with the 1915 genocide. The author analyzes defaced inscriptions on barely accessible architectural ruins. The destruction of heritage was a criterion of genocide that Raphael Lemkin considered but did not finally include in the final draft of the UN Convention for the Prevention of Genocide (1948). The Missing Pages effectively resuscitates his project making the case for heritage as a human right and the destruction of art as an act of cultural genocide.

The Taliban’s destruction of the Bamyan Buddha statues, ISIS’s destruction of Palmyra, Syria, and recent threats by the US president to target Iranian heritage with military strikes are stark examples of how heritage is endangered by both political extremism and war. The questions raised by The Missing Pages are ones that will continue to haunt humanity as war threatens to erase the heritage that importantly once supported the shared public memory of communities, the kind of memory erased in places like Zeytun. By raising these important questions, Watenpaugh is certain to attract the attention of scholars outside her field promising to usher forth a conversation about the relationship between cultural heritage and human rights.

Chicago Journals

Case regarding actions of Armenian "guardians of Revolution" group instituted

News.am, Armenia

19:40, 23.03.2020
                  

The Prosecutor General’s Office of Armenia has instituted a criminal case regarding the actions of the members of the “guardians of the Revolution” group. This is what Advisor to the Prosecutor General of Armenia Gor Abrahamyan told Armenian News-NEWS.am.

“The case has been instituted under the elements of part 1 of Article 137 of the Criminal Code of Armenia (threat of murder, causing grave harm to health or eliminating property in large amount, if there was a real danger of that threat), but there is still nobody with the status of accused-on-trial or suspect,” Abrahamyan said.

During the election campaign ahead of the constitutional referendum, Nikol Pashinyan had given a booklet entitled “Passport of a Proud Citizen of the Republic of Armenia” to a girl, who had torn it and thrown it at the Prime Minister. Later, there was a video on the Internet in which the girl was talking to a person and telling the latter about the incident, and the person, who had presented himself as “head of a village”, used swear words addressed to the Prime Minister. After a while, a group of young people who presented themselves as “guardians of the Revolution” met that “head of village” and made him apologize to the Prime Minister.

Coronavirus infected Armenians living in Europe feel well – High Commissioner for Diaspora Affairs

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 17:02, 19 March, 2020

YEREVAN, MARCH 19, ARMENPRESS. Armenians living in the member states of the European Union, who were infected with the novel coronavirus, feel well. The Office of Armenia’s High Commissioner for Diaspora Affairs keeps in touch with them, High Commissioner Zareh Sinanyan said during a press conference.

“Large number of Armenians live in Iran, who also live under state of emergency like the local residents. During this period 85-year-old ethnic Armenian woman died from the novel coronavirus in Iran, she also had health problems. The situation in the Netherlands is satisfactory, but as for those in Italy there is no detailed information. We do not have yet concrete information about the infected Armenians living in other European countries, but are in touch with the communities”, he said.

Sinanyan said they are receiving many appeals, e-mails, calls from the Diaspora-Armenians requesting information about the return to Armenia.

On March 16 Armenia declared a 30-day state of emergency to fight against the spread of the novel coronavirus. The state of emergency is effective until April 14, at 17:00. As of now, the total number of COVID-19 cases in the country is 122, one patient has recovered.

Edited and translated by Aneta Harutyunyan




Armenia media organizations urge government to repeal 23, 24, 25 and 26 provisions of decision on state of emergency

News.am, Armenia

00:23, 21.03.2020
                  

YEREVAN. – Several Armenia-based media organizations protested against the provisions of the state of emergency that regulate the dissemination of information.  

“We have expressed, and in various formats, our negative opinion on the provisions regulating the dissemination of information in the Government’s decision on declaring a state of emergency in the Republic of Armenia.

As these provisions have entered into force, we note that their use is ineffective, disproportionate, inconsistent with the principle of reasonableness, and is not in public interest amid pandemic,” the organizations said in an open letter addressed to the government. 

The media organizations call on the government and commandant’s office to immediately repeal 23, 24, 25 and 26 provisions of the government’s N298 decision to declare a state of emergency as of March 16.

They also called to draft new regulations for dissemination of information that will clarify possible restrictions, will contribute to media’s commitment to professional norms, and will ensure effective partnership between the state agencies and media.

Media representatives expressed willingness to provide assistance.

The open letter was signed by Yerevan Press Club, Media Initiatives Center, Freedom of Information Center, Public Journalism Club, Committee to Protect Freedom of _expression_, Asparez Journalists’ Club, Media Diversity Institute – Armenia, Journalists for the Future NGO, Journalists for Human Rights NGO , Goris Press Club and Rule of Law NGO.