Congratultions from the Mother See of Holy Etchmiadzin

Congratultions from the Mother See of Holy Etchmiadzin

armradio.am
28.05.2008 13:10

His Holiness Garegin II, Supreme Patriarch and Catholicos of All
Armenians congratulated the nation on the Republic Day:

"On the occasion of the Republic Day, when we are celebrating the 90th
anniversary of proclamation of the Republic of Armenia, we convey our
greetings from the Mother See of Holy Etchmiadzin and render our
blessing to our beloved people of Armenia, Artsakh and Diaspora.

The restoration of the Armenian statehood on the days of the May
battles was a great event for our people, the saved Motherland, to
which the Armenian nation devoted all its strength, creating its
national-state life.

The memories and achievemnets of those days inspire and encourage us in
our devotion to the Motherland and the love for Church, serving our
Motherland and the bright future of our people.

We offer our sincere prayers to the Almighty, asking Him to grant peace
to our Motherland and bless the fair efforts of our people and devotion
for the sake of prosperity of Armenia and Artsakh and the happy life of
our world-spread compatriots.

May the Divine Grace be with us and everyone today and forever. Amen. "

Absence of NK Rep from from negotiations will not bring resolution

PanARMENIAN.Net

The absence of the representatives from Karabakh in
the negotiations will not bring to the resolution of
the problem

Baku spoke so much of its intention to "return their
lands by any means and even by war", that the country
has become the hostage of its own rhetoric.
24.05.2008 GMT+04:00

The Karabakh movement started 20 years ago. The first
stage of the national-liberation war of the people of
Artsakh for independence ended with the declaration of
the Nagorno-Karabakh Republic. At present a rather
complicated process of the legal recognition of NKR is
underway, which, for some unknown reasons, is referred
to as the process of regulation of the
Nagorno-Karabakh conflict between Armenia and
Azerbaijan.

/PanARMENIAN.Net/ In Karabakh from the very beginning
this conflict has been referred to as one between
Karabakh and Azerbaijan, and Armenia, quite fairly,
has been considered an interested party, who is the
guarantor of security and independence of NKR. It has
been said more than once, that the absence of the
representatives from Nagorno-Karabakh in the
egotiations within the frames of the OSCE Minsk Group
will not bring to the resolution of the problem.
Though, if thinking twice, there is no resolution: the
people of NKR with weapon in their hands stood up and
won its independence and the possible peace agreement
between NKR and Azerbaijan must simply fix a status
quo. Naturally, this kind of agreement will not be
handy for Azerbaijan. Baku spoke so much of its
intention to "return their lands by any means and even
by war", that the country has become the hostage of
its own rhetoric. "Azerbaijan is an advocate of
peaceful resolution of the Nagorno-Karabakh Conflict,
but if needed, it is ready to go for other ways of the
resolution of the problem," said the Deputy Minister
of Foreign Affairs of Azerbaijan Vagif Sadikhov, and
then added that Azerbaijan is not going to endure the
created situation for decades.

According to his words, Azerbaijan which is developing
its economy very fast and is getting big profits by
realization of projects in the energy sphere and by
supplying its own energy recourses to the world market
has to spend a lot of money on the military
necessities. But is Azerbaijan indeed as successful as
the image-makers from Baku at the head of President
Ilham Aliyev say? According to the Head of the General
Board of the CIS countries and RIA "Novosti" Alan
Kasayev, Azerbaijan is now forming up an image of
investment appeal, trying to solve the problems with
Iran and etermine the status of the Caspian. "The
pre-election situation in Azerbaijan is becoming
complicated because of the instability in the country.
This is the basic reason of the anti-Armenian and
explicit militarist rhetoric, which is used by the
authorities to unite the nation. However, it should
not be forgotten that 60-70% of the population of
Azerbaijan is comprised by villagers, frequently
almost illiterate. On the whole, Azerbaijan is an
underdeveloped and a poorly educated country, living
on the expense of oil income, which sooner or later
will be exhausted. There is no rural economy in the
country, there is no industry, with the exception of a
couple of oil factories in Baku. One cannot fit the
entire population of the country in the capital. So,
the actively developing image of the enemy is one of
the elements of society consolidation," emphasized the
Russian expert.

According to the Russian diplomat Vladimir Kazimirov,
who is one of the best known experts on regulation
process, no country ever announces the stake on the
power like Baku. Perhaps, it is not by chance that
Azerbaijan is recognized one of the most aggressive
countries in the world.

At present the recognition of the independence of the
self-proclaimed republics became a more complicated
process because of the Kosovo precedent. "After the
recognition of Kosovo the international opinion is
against the right on self-determination. It was
announced everywhere that Kosovo must not become a
precedent, and these are not simply words, but the
disposition of the international community. This will
become a big prohibition on our way. Besides, the
intensification of the contradictions between the USA
and Russia will have a negative impact on our region.
However, I think that the document, which is now on
the desk for the negotiations, is the most optimal
one, I hope. Azerbaijan will not give it up," said the
former Minister of Foreign affairs of Armenia Vartan
Oskanyan, who has been holding the negotiations with
the Minister of Foreign Affairs of Azerbaijan within
the frames of the OSCE Minsk Group.

Meanwhile, the OSCE Minsk Group on the
Nagorno-Karabakh conflict regulation had serious fears
about the negotiations and the end of the peaceful
regulation of the conflict. "However, the fears of the
OSCE were scattered away after the meeting with the
heads of Azerbaijan and Armenia, as well as with the
official representatives of two conflicting parties.
At present negotiations on returning 5 regions,
including the Nagorno-Karabakh safe haven are being
held. After that the OSCE suggests determining the
status of the Nagorno-Karabakh. After returning the 5
regions, Karabakh is ready to
start the negotiations with Azerbaijan regarding the
status," said the French Co-chair.
«PanARMENIAN.Net» analytical department

Armenian, Georgian, Azeri Parliamentarians To Meet In London In June

ARMENIAN, GEORGIAN, AZERI PARLIAMENTARIANS TO MEET IN LONDON IN JUNE

armradio.am
23.05.2008 17:40

The recurrent meeting of Armenian, Georgian and Azerbaijani
parliamentarians will take place in London in June, Denis Samust,
Head of the South Caucasus Parliamentary Initiative, informed.

The South Caucasus Parliamentary Initiative was created on the basis
of the Memorandum of Understanding signed by the Parliaments of the
three countries in 2003. It aims to promote the exchange of views
and development of dialogue between the Parliaments of Azerbaijan,
Armenia and Georgia.

Nina Katchadourian Likes To Be A Bit Baffled

NINA KATCHADOURIAN LIKES TO BE A BIT BAFFLED
By Leah Ollman

Los Angeles Times, CA
May 22 2008

She has a solo show at the Museum of Contemporary Art San Diego.

SAN DIEGO — Over the last decade, Nina Katchadourian has mended broken
spider webs with colored thread and glue. She has programmed a computer
to translate the pulses of a popcorn popper into Morse code. She has
diagramed a family tree of supermarket icons — Uncle Ben, Mr. Clean,
the Gerber baby — and staged an endurance test for herself, attempting
to smile for as long as possible while archival footage of explorer
Ernest Shackleton was projected onto her front tooth.

Endearing, goofy, earnest, witty, subversive, penetrating —
Katchadourian’s work leapfrogs across an array of emotional
touchstones, finding a briefly comfortable fit, then moving on. Many
of her projects center on thwarted efforts to categorize and simplify,
to define and know. They suggest that the impulse toward order may be
fundamentally human but that the complexity of nature and experience
is just as absolute. Yet according to Katchadourian, misalignment
brings satisfactions of its own.

"A lot of things I’m attracted to are like that: close, but not
quite. The way they mismatch is often a starting point for work for
me," she explained recently. "Misunderstanding is a very fertile point
for making art. When things aren’t quite right, that often makes them
funny, or awkward, or poignant."

The Brooklyn-based Katchadourian, 40, was speaking as finishing touches
were being put on her new solo show at the Museum of Contemporary
Art San Diego. A part of the museum’s so-called Cerca Series, it has
brought her back to the city where she began to mature as an artist
in the 1990s.

Consider one of the exhibition’s two video installations, "Accent
Elimination" (2005), which begins with the simplest of interviews and,
within its short (less than 15-minute) loop, evolves into a meditation
on voice, identity and origin.

The artist and her parents appear, head and shoulders, separately
on three side-by-side monitors. Katchadourian asks them their names,
which leads to questions about their nationalities and accents. Basic
enough, except that her mother is Swedish and grew up in Finland,
and her father is Armenian but was raised in Turkey and Lebanon.

After eliciting the mildly perplexing facts from each, Katchadourian
repeats the interviews — only this time she addresses her mother in
her mother’s accent and her father in his. They both answer in their
best imitations of their daughter’s uninflected American. Three other
monitors, back to back with the first set, show the family training
with a vocal coach to perfect the transformations.

"It’s not a project about watching our stunning success with the task
at hand," Katchadourian said. "It’s much more about the brow-sweating
effort to get there, and the awkwardness in all of that, and how that
awkwardness is linked to a kind of goodwill, to be inside the other
person’s voice."

She said she was working on the piece at the same time the home she
grew up in was being sold. There was a lot of discussion, she recalled,
about what to keep and what to get rid of.

"That’s when I started to think about the accent as something
that could be handed down. What if it was a physical thing, like
an heirloom?"

Assistant curator Lucía Sanroman, the organizer of the show,
encountered the video piece shortly after she began work at the museum
a few years ago. Its themes of translation and mistranslation seemed
relevant to the San Diego-Tijuana region, she says, and to her own
experience.

"It resonated with me personally, because I also have a strong accent,"
says the Mexican-born Sanroman. "For Nina, it was a very personal and
keen observation of being from so many parts, of having an identity
that is beyond hybrid, and how to negotiate that."

Katchadourian, boyishly slim and angular, with wavy dark hair, soft
brown eyes and a deep, mellifluous voice, was born and raised in
Palo Alto, where her mother worked as a literary translator and her
father was a professor of psychiatry at Stanford. After receiving her
undergraduate degree from Brown, she enrolled in the master of fine
arts program at UC San Diego, studying with the late Allan Kaprow —
the father of happenings and currently the subject of a retrospective
at the Geffen Contemporary in L.A. — as well as performance poet
David Antin and "Eco-Artists" Newton and Helen Mayer Harrison.

"UCSD was a great fit for me, because no one ever told me I had
to work in any particular medium," Katchadourian said. "We were
required to have people from outside the art department on our thesis
committee. They didn’t want us just talking to artists."

In the subsequent years, Katchadourian has taught at Brown, the Rhode
Island School of Design and Parsons and been the subject of exhibitions
around the world, including a 10-year survey recently organized
by the Tang Museum at Skidmore College in upstate New York. She
also has a thriving career in music, writing and recording songs
independently and with a folky Brooklyn-based group, the Wingdale
Community Singers. And she works part time at the Drawing Center
in Manhattan’s SoHo district, managing and curating shows from its
registry of 1,200 contemporary artists.

With her attention honed by so many different endeavors, she doesn’t
necessarily look to art for her ideas or inspiration.

"Art has become the best alibi I’ve found for exploring different
things in the world," she said. "It’s the perfect excuse. You get
to talk to people who are interesting to you. You get to travel to
places you want to see, investigate subjects that have you enthralled
and obsessed. It’s just a fantastic vehicle for all these things."

In her newest installation, "Zoo" (2007), also at the San Diego
museum, she portrays a familiar environment as something fragmentary
and disjunctive, using footage shot at zoos around the world over
the last seven years. Images of animals, enclosures and signage are
projected on four walls and dispersed among 15 monitors splayed at
different angles and heights around the exhibition space. Several tight
close-ups of animal parts are tricky to identify, and sometimes the
sounds don’t match the accompanying images. Jellyfish pulse against a
glass enclosure to the rhythm of chittering birds. Soothing classical
music accompanies footage of a bird maniacally pacing its space.

"In some ways," the artist said, "this is the least funny piece I’ve
made in a while. There are funny moments, and there are moments
that are odd and awkward and quirky. What happens for me overall,
largely as a result of the sound, is that it becomes a place you don’t
feel that good in after a while. It’s an unsettling and unsettled
environment. The animals don’t seem entirely comfortable, and neither
does the viewer.

"I haven’t set out to make a piece that’s anti-zoo. What I’m really
interested in is this complicated relationship that is contained in
zoos and that I certainly have to them. On one hand, I love going to
zoos and I love seeing animals up close. But there are also always
moments when I feel saddened and guilty.

"Sometimes I make projects as a way of thinking through the
questions. I’m making this piece about zoos to figure out what I
think about them."

–Boundary_(ID_tw6gq4dPdF6ablGhXZPywQ )–

Armenia’s Bankers Are Ambiguous In Necessity Of Securitization Of As

ARMENIA’S BANKERS ARE AMBIGUOUS IN NECESSITY OF SECURITIZATION OF ASSETS

arminfo
2008-05-22 01:13:00

ArmInfo. Armenia’s bankers are ambiguous in necessity of securitization
of assets, the results of voting of May 21 "English Debates" in
"Marriott Armenia" Hotel, organized by an independent rating agency,
member of the international Global Rating Group, certify. The debates,
with participation of over 30 representatives of commercial banks,
heads of credit companies, investment companies and experts, were
dedicated to the topic ‘Securitization as a Required Tool for
Increasing Liquidity of Banking Assets. Is that Right?’.

The event was held under support of the Union of Banks of Armenia,
USAID and East West Management Institute within the frames of the
Partners for Financial Stability programme.

Member of the Central Bank Board Karine Minasyan said in her speech
that CB is currently working over implementation of new alternative
tools for regulation of the processes of securitization of banking
assets.

The first tool is a possibility of issuing mortgage bonds by banks
and credit organizations. Moreover, free issues will be carried
out under tight control of a megaregulator. "We envisaged numerous
regulatory mechanisms to assure high reliability of these securities
and confidence of investors", she said. The second tool will be a
"pure" form of securitization, which envisages real sale of assets to
a specially created legal person. "The draft laws we intend to shortly
introduce, envisage a possible alternative, due to which any market
participant will be able to realize different initiatives in the area
of securitization", K. Minasyan said. Along with it, member of CB Board
presented the advantages the market participants will receive using
the tools of securitization of assets. "In particular, this will allow
the companies to extend their business, receive an additional income,
manage the credit risks more efficiently and release the resources",
K. Minasyan said.

For his part, co-Director of AEPLAC Tigran Jrbashyan said that
securitization in Armenia is not a new phenomenon. ‘In a period of
privatization in Armenia in 1993-94, when the major part of the state
property was transformed into a form of unclear joint- stock companies,
an elementary securitization of state assets was also observed, a so
called voucherization’, T. Jrbashyan said and added that a postulate on
non-readiness of Armenia for securitization may be ruled out. ‘provide
the market with a tool and, believe, the Armenians will make a profit
of it’, he said part in play. In addition, he said, not only mortgage
loans but consumer credits as well may be subject to securitization
of assets in Armenia. Along with it, T. Jrbashyan emphasized that
implementation of international standards during securitization is
an important moment for attraction of funds.

T. Jrbashyan expressed confidence that a boom around the banking
assets shows that there are banks in the country with enough capital
for investment in securities. ‘They need a relevant tool. However,
a certain liquidity problem exists in the banking system, especially
in the actively working banks. Despite the fact that the Armenian
market is not integrated enough in the world one, the volume of
available resources reduced, and this problem will intensify’, AEPLAC
co-director said.

Director of the ‘Capital Assets Management’ Investment Company Tigran
Karapetyan, holding to the opinion of international experts, said
that the minimum volume for profitable and efficient securitization
should exceed $250 mln. T. Karapetyan thinks that securitization of
assets in Armenia may be efficiently carried out only in case of a
cumulative credit portfolio of the Armenian banks, totaling about
$1.5 billion. ‘Only in this case, securitization will be profitable,
however, unification of the banks in one pool is not real’, he
emphasized. T. Karapetyan divided the risks during securitization into
two types: the market and legal risks. Talking about the first one,
he said that the property is a pledge of the credit portfolio of the
banks being an object of securitization. Based on this, he said, the
size and quality of credit portfolios largely depend on the state of
the real estate market being in a state of overheating. As for the
legal risk, T. Karapetyan expressed an opinion that not the whole
legislation covers the available legal risks today. Along with it, he
shared the viewpoint that securitization will be impossible without
the relevant international standards, as assessment of assets and
the property is connected just with them.

T. Karapetyan thinks that not all the banks of the country need
securitization today. ‘The current liquidity ratio of the Armenian
banks exceeds the required CB standards one and a half times. In
any case, if the bankers think about increase of liquidity of their
assets, securitization will not become a task of prime importance
for them. An international institutional investor is necessary for
the first successful securitization in Armenia. However, under the
present crisis in the international market, I do not think that its
attraction in a short-term prospect is real’, he said.

Deputy Chairman of the Board of ‘Converse Bank’ Tigran Davtyan,
who also marked a non-topical nature of securitization of assets
in Armenia, substantiated his position by the fact that even simple
bonds in the country are presently sold with difficulty. ‘Currently,
the local banks experience a problem of liquidity, and a deficit
of available long-term resources is the greatest problem for
them. Therefore, the market today is not ready for securitization’,
T. Davtyan emphasized.

To note, the independent Rating Agency AmRating, being part of the
GlobalRating Rating group, which also includes RusRating (Russia)
and KzRating (Kazakhstan) agencies, is the organizer of the English
debates. The Agency’s main activity is conferment of credit ratings
to the banks, as well as their debt instruments, compilation of
analytical reviews about different signets of the financial market.

Armenian State Service For Nuclear Energy & Radiation Safety Supervi

ARMENIAN STATE SERVICE FOR NUCLEAR ENERGY & RADIATION SAFETY SUPERVISION RE-ORGANIZED

ARKA
May 21, 2008

YEREVAN, May 21. /ARKA/. Under the president’s decree, Armenian
State Service for Nuclear Energy and Radiation Safety Supervision
of RA Ministry of Nature Protection has been transformed to
government-affiliated Nuclear Safety Regulatory State Committee,
the presidential press office reported.

Under the new decree, amendments have been made to the old decree
"On Establishing RA Government Structure" dating from March 16, 2002.

The government has a month now to adopt all the necessary decisions
proceeding from the given decree.

BEIRUT: Minister Mitri Surprised By Those Who Wish To "Reduce Armeni

MINISTER MITRI SURPRISED BY THOSE WHO WISH TO "REDUCE ARMENIAN POLITICAL REPRESENTATION"

NowLebanon
May 20 2008
Lebanon

Culture Minister and acting Foreign Minister Tarek Mitri stated that
the majority has "expressed willingness to accept the proposals"
set forward at the Qatar meeting, noting that the position of the
opposition is "not yet ripe, though it may become so in the coming
hours". He stated that there were hopes that an agreement on the
electoral law would be reached in Doha, before the rival political
leaders would return to Beirut.

Mitri was surprised at the tendency of some to reduce the issue of
Armenian voters and Armenian political representation. He stressed that
"The Lebanese Armenians did not participate in an armed conflict with
anyone or against anyone."

The culture minister explained in an interview with radio station,
"Voice of Lebanon" that the Armenians in all their factions and
political parties have "agreed on staying true to their Lebanese
heritage when it comes to independence."

He added that Armenians have their political parties, one of which
is the Tashnaq, which has a big influence within the community. The
minister noted that the party has its political and electoral alliances
but that "alliances can change and nothing is fixed".

Mitri concluded that exploitation is not good for anyone. He stressed
that the Armenian electoral constituency lead by the Tashnaq belongs
to no one, and that no one has the right to employ a "reserve" in
political struggles, since "only God knows where that would lead
the country."

Doctor Examining Aram Karapetian Restored To His Job

DOCTOR EXAMINING ARAM KARAPETIAN RESTORED TO HIS JOB

Noyan Tapan

Ma y 19, 2008

YEREVAN, MAY 19, NOYAN TAPAN. Armen Gasparian, the doctor-cardiologist
examining Aram Karapetian, the leader of the Nor Zhamanakner (New
Times) party, has been restored to his former job. Noyan Tapan
correspondent was informed about it by doctor A. Gasparian.

It should be mentioned that the cardiologist of the Erebuni Medical
Center had examined A. Karapetian and expressed concern over his
health condition at the May 15 press conference, stating that he
should be immediately taken to a specialized medical center. The
next day A. Karapetian was moved to the Erebuni Medical Center and
the same day the center administration informed A. Gasparian that he
is dimissed from his job.

A. Gasparian also said that Aram Karapetian’s condition remains bad,
his blood pressure is still high, and, according to the diagnosis,
he needs a long treatment.

http://www.nt.am/news.php?shownews=113502

Program On Human And Institutional Potential Developmemt Being Imple

PROGRAM ON HUMAN AND INSTITUTIONAL POTENTIAL DEVELOPMEMT BEING IMPLEMENTED IN ARMENIA ON INITIATIVE OF AED

Noyan Tapan

Ma y 19, 2008

YEREVAN, MAY 19, NOYAN TAPAN. With the financing of the USAID and
on the initiative of the Academy for Educational Development (AED),
a program on development of human and institutional potential is
being implemented in Armenia.

NT was informed by the AED Yerevan Office, experience of various
countries is being studied during pension reforms in Armenia. The
instructive trip to Sweden and Estonia organized thanks to efforts
of the USAID, the AED and Services Group Inc. has allowed 15 experts
of the working group on pension reforms in Armenia to study the
experience of making reforms in the pension system. Numerous meetings
and discussions of high-ranking officials, who implement reforms and
make decisions in the pension system, as well as representatives of
pension funds and the pivate sector, and experts were held during
the instructive trip.

The process of pension reforms and the basis for their legal
regulation and financial security, including a number of disputable
and requiring urgent solution issues, have been discussed during the
program. Discussions on the working group’s experience and knowledge
about pension reforms are continuing. The working group has developed
a document which is at the initial stage but already envisages the
logic of work to be done for the implementation of pension reforms. The
experience of other countries is also being examined.

http://www.nt.am/news.php?shownews=113538

Thomas Adams Urges Armenian Authorities To Take Prompt Action To Hea

THOMAS ADAMS URGES ARMENIAN AUTHORITIES TO TAKE PROMPT ACTION TO HEAL SOCIAL DIVISIONS

Noyan Tapan

Ma y 16, 2008

YEREVAN, MAY 16, NOYAN TAPAN. U.S. Assistance Coordinator for
Europe and Eurasia Thomas Adams visited Armenia May 14-17. Adams was
accompanied by his deputy, Daniel Rosenblum, who has been designated
to succeed him as Coordinator in the upcoming months.

The delegation has already held fruitful discussions with the
President, the Prime Minister, the Minister of Foreign Affairs,
the Minister of Finance, the Minister of Economy, the Minister of
Agriculture, and the Minister of Energy and Natural Resources.

According to the report of the U.S. Embassy in Armenia, Mr. Adams
addressed a wide range of important issues in his conversations with
his hosts from the Armenian government. He learned about the status
of democracy and human rights issues in Armenia, in light of the
post-election political difficulties. He urged Armenian authorities
to take prompt action to heal the social divisions that have arisen
as a result of the political conflict.

Adams also discussed with Armenian officials a number of other
important bilateral issues, including ongoing cooperation programs
in energy and agriculture, Armenia’s economy, measures to improve
Armenia’s attractiveness to foreign investment, and Armenia’s important
efforts to combat illegal trafficking in persons.

During his visit, Mr. Adams met with the Board of the American Chamber
of Commerce in Armenia, as well as key leaders and stakeholders of
the Millennium Challenge program in Armenia. The delegation also
visited a number of project sites implementing U.S. assistance
programs, including the Armenian-American Wellness Center, Arcolate
Chocolate Company, Arzni Medical Ambulatory in Kotayk Marz, and a
school in Nork, which was refurbished with the financial support of
the U.S. Government.

http://www.nt.am/news.php?shownews=113475