Export Development Bank Of Iran Extended Contract On Terms Of Financ

EXPORT DEVELOPMENT BANK OF IRAN EXTENDED CONTRACT ON TERMS OF FINANCING OF IRAN- ARMENIA EXPORT GAS PIPELINE PROJECT

2007-11-28 14:06:00

ArmInfo. The Public Relations Department of the Export Development
Bank of Iran told IRNA that this Bank has extended the contract on the
terms of financing of Iran-Armenia export gas pipeline project. This
decision was made by request of RA Energy Ministry being the contract
party. Earlier, it was informed that the amount of this middle-term
contract makes up $27 mln, $20 mln of which have already been paid
by the Iranian bank. To note, the credit was extended by the Iranian
party for construction of the first section of the gas pipeline from
Meghri to Kajaran. The second section of the gas pipeline from Kajaran
to Ararat is being presently built by the "ArmRosgazprom" Company.

Armenian Currency Appreciation Hurts Exporters Drastically

ARMENIAN CURRENCY APPRECIATION HURTS EXPORTERS DRASTICALLY
by Armine Avetyan

168 Zham, Armenia
Nov 27 2007

"Only importers are good businessmen in Armenia"

The US dollar became cheaper for 35-40 drams last week; then the
dollar gained 20-25 drams but it did not grow enough to reach the
previous level. Currently, 1 US dollar is traded at 296-300 drams at
Yerevan’s currency exchange offices.

According to a media report, a record 20m dollars was traded in the
Armenian Stock Exchange last Friday [23 November]. The average rate
was 312.9 drams and the closing rate was 312.5 drams. Meanwhile, the
rate was 275-300 drams at currency exchange offices on the same day.

Experts attribute such a difference in one day to financial schemes.

Many think that the depreciation of the US dollar is a result of
schemes in general. Compared with 2003, the US dollar has already lost
50 per cent. Some analysts say that this is a unique "tax" imposed
by the Armenian authorities on remittances Armenians get from abroad.

[Passage omitted: this "tax" is higher than the 20-per-cent VAT
applied in Armenia]

Armenians who rely on remittances sent by their relatives living abroad
suffer the most. While they could get 58,000 drams for 100 dollars in
2003, they get only 30,000 today. Exporters suffer too because they
sell their products for dollars but make their expenses in drams at
home. Manufacturers constantly complain that their production costs
keep rising making their products uncompetitive in world markets.

"If the trend continues, we may stop our production," Hovhannes
Iskajyan, chief accountant of Yerevan champagne factory, says. The
factory exports champagne and wines to Russia. [Passage omitted:
appreciation made the factory to cut production for 30-40 per cent]

Karen Stepanyan, deputy director of the Armenmotor company that
produces meat grinders, says the company has planned to export 1,000
grinders to Russia in 2008 to be sold within three months. [Passage
omitted: the company fears it will lose the Russian market due to the
dram appreciation; another exporter says they lost the US market in
2005 because of the dram appreciation]

In response to these complaints, the Armenian authorities –
and especially Central Bank chairman Tigran Sargsyan – say the
manufacturers should boost their productivity instead of complaining.

"That’s stupid," Hovhannes Musayelyan, director of the Synopsis
company that produces and exports information technologies, says.

[Passage omitted: appreciation has already made Armenia a risk zone
for the Synopsis company]

"The interests of manufacturers are ignored in Armenia, and it
turns out that only importers are good businessmen in Armenia,"
Musayelyan says.

Due to the US dollar depreciation, another field that has been deemed
as priority has lost more than 60 per cent: the diamond-cutting
industry. The Shoghakn factory, a giant in this field, is on the
verge of going out of business. The company suspended production
in the summer for a long time; it resumed a small-size production
in September.

However, the company may stop working by the end of the year or in
the beginning of 2008. "The US dollar was 340 drams in the summer,
and I presented the owners with a new plan and persuaded them not to
shut down the factory," Shoghakn director Sergey Gasparyan says.

"Now, only 300 workers are employed in the factory. I was planning
to hire more people but what happened those days changed our plans."

[Passage omitted: Gasparyan says he is unsure of the factory’s future.]

P.S. Former Central Bank of Armenia chairman Bagrat Asatryan offered
his comments yesterday [27 November] to the website A1+. "If thinking
boyishly, one can be even proud of the dram appreciation, but if you
start thinking in more details, this is a tragedy for the country in
terms of economy," Asatryan said. "The appreciation of the dram should
be considered in the context of the economic conditions, there can
be no baseless appreciation. If the appreciation is translated into
cheaper, let’s say, potatoes, bread and other products, it would be
great. But what we have in the result of this policy is that potatoes
are cheaper in the USA than they are in Armenia."

People’s Party Nominates Karapetyan To Run For Armenian President

PEOPLE’S PARTY NOMINATES KARAPETIAN TO RUN FOR ARMENIAN PRESIDENT

Russia & CIS Presidential Bulletin
November 27, 2007

A congress of the Armenian People’s Party has nominated the party’s
leader and head of the ALM media holding Tigran Karapetian to run in
the upcoming presidential elections.

We nominate an alternative candidate, who was not in power before
and who is not in power now, Karapetian said at the congress.

The Armenian People’s Party was established in 1995. Some 14,500
people are members of the party. The party received roughly 2.7%
of votes at the May 12, 2007 parliamentary elections and failed to
clear the 5% threshold.

Meanwhile, the Armenian Central Elections Commission (CEC) told
Interfax that no candidate for the presidency has submitted relevant
documents yet. The deadline for submitting documents is December 6.

The Armenian presidential elections will take place on February 19,
2008. Six candidates are expected to run for presidency, including
Armenian Prime Minister Serzh Sarkisian and former Prime Minister
Levon Ter-Petrosian.

Oskanian, Mammadyarov Discussed Karabakh Process

OSKANIAN, MAMMADYAROV DISCUSSED KARABAKH PROCESS

PanARMENIAN.Net
29.11.2007 14:14 GMT+04:00

/PanARMENIAN.Net/ Armenian Foreign Minister Vartan Oskanian and his
Azerbaijani counterpart Elmar Mammadyarov met by initiative of the
OSCE Minsk Group in Madrid on November 28 evening, RA MFA Spokesman
Vladimir Karapetian told a PanARMENIAN.Net reporter.

"The parties discussed questions referring to the summit of the
OSCE Foreign Ministers, the coming Declaration that will touch upon
conflict resolution and finally, uncoordinated issues in the Nagorno
Karabakh conflict settlement process," he said.

The Foreign Ministers are attending the OSCE FM summit on completion
of which the Madrid Declaration will be adopted.

Azeri Defence Spending Under Fire

AZERI DEFENCE SPENDING UNDER FIRE
By Rashid Suleimanov in Baku (CRS No. 421 29-Nov-07)

Institute for War and Peace Reporting, UK
Nov 29 2007

Big increase in defence expenditure allegedly failed to lift soldiers
out of poverty.

For the past nine years, Azerbaijan army captain Elchin Safarov has
served with the Baku military garrison. He has long dreamed of having
a house of his own, but his salary is only enough to rent a flat in
a small village north of Baku for himself, his wife and children.

Safarov gets some state family benefits on top of his army pay,
as sole breadwinner, he has been unable to get a mortgage to buy a
house. When Azerbaijan celebrates Armed Forces Day on July 26 every
year, the whole family waits for news that army salaries have gone up.

Azerbaijan’s state budget for 2007, currently under discussion in
parliament, envisages defence spending of 1.3 billion US dollars,
an increase of 30 per cent on last year. President Ilham Aliev has
said he wants to see his country’s defence budget grow to exceed the
entire government budget of neighbouring Armenia, with which relations
have been coldly hostile since the Karabakh war of the early Nineties.

Parliamentary deputy Siyavush Novruzov, who sits on the assembly’s
defence and security commission, told IWPR that some of the new money
would be go to support the army, some for the security forces, and
the rest on defence research.

Novruzov said living conditions for army personnel were improving
thanks to greater spending. "The increase in military funding has
had an effect on both the food and the clothing of soldiers," he said.

Yashar Jafarli, who chairs the Reserve and Retired Officers
organisation, told IWPR that salaries doubled in the military last
year.

However, there is concern that the influx of money has not had a
noticeable effect on the welfare of officers and the other ranks,
because rising prices have cancelled out increased pay levels.

Captain Safarov confirmed that there was no shortage of food or
uniforms in his unit, and said the canteen fed the men better than
it did five years ago. But he said officers were still inadequately
provided for.

Eighty to ninety per cent of officers have no homes of their own and
are obliged to live in rented premises.

Officers receive a benefit payment of 22.60 manats (just over 26
dollars) a month on top of their salaries, but the sum is only enough
to buy a sack of flour. This benefit has remained unchanged since
1992. The government is promising to raise the sum to 80 manats in the
2008 budget, and to review it every year to keep pace with inflation.

Jafarli said that most new defence spending over the last two years
had gone on weaponry and equipment, with large sums also spent on
infrastructure.

"In recent years, many barracks and headquarters have been built
and military colleges and medical facilities have been repaired,"
said Jafarli. "A new building at the [military] central hospital has
come into use. There’s no lack of uniforms for the military, though
we still have unresolved problems with full-dress uniforms."

In 2006, Azerbaijan bought five MiG-29 fighters from Ukraine. In its
annual report to the United Nations Weapons Register, Kiev says it also
sold around 60 military vehicles and 22,000 small arms to Azerbaijan
last year. Azerbaijan is currently negotiating with Pakistan for
the purchase of 24 Chinese-made JF-17 Thunder combat planes, worth
between 16 and 18 million dollars each.

Some experts say that the defence money is being misspent, and complain
that the budget is not open to scrutiny.

Alekper Mamedov, who heads Azerbaijan’s Centre for Democratic Civil
Control of the Armed Forces, said fundamental problems in the army
are not being resolved, and increases in salaries and benefit payments
have little effect when the cost of living is going up so fast.

He said funds that should have gone on the wages of junior officers
had been spent on repairing buildings.

"The changes in the army are cosmetic in nature." said Mamedov.

"Compared with previous years, military units in rear positions are
somewhat better provided with food and clothing, but those that are
stationed in outlying areas are still in lamentable condition."

Mamedov said cases of food poisoning were frequent. "The public is
well aware that the army receives poor-quality food," he said. "And
this is a result of defence spending not being transparent."

The Reserve and Retired Officers group has produced which says that
officers had found it impossible to get the financial compensation
they were entitled to claim in lieu of food and leave allowances,
while those serving on the front line close to Karabakh were not
getting the extra pay they are due on time.

Major Ilgar Verdiev of the defence ministry’s press service said the
defence budget could not be scrutinised in detail because Azerbaijan
was still "at war" with Armenia.

He insisted there were no problems with nutritional and clothing
supplies, and the food supply system was getting better every year.

Major Verdiev said the government was doing its best to solve
outstanding problems. Two apartment blocks containing a total of
165 flats in Baku would soon be handed over to military families
and blocks of flats were also being built in the towns of Shemkir,
Ganja and Geitep, he said.

Captain Safarov does not expect to receive a flat in the near future.

The army is still full of officers who cannot afford to own property,
he said. In January, he will make another attempt to get a mortgage
from the bank.

Rashid Suleimanov is head of Manoeuvre, a military think-tank, and
a correspondent with the APA news agency in Baku.

Historical Walk In The Minefield

HISTORICAL WALK IN THE MINEFIELD

Largir, Armenia
Nov 29 2007

It was expectable that the figures involved in the presidential
campaign would start at some point to "rinse" their past and others’
past. It is common knowledge that when a person cannot argue his own
meaning and absurd wishes, he covers the present with abundant speeches
about the past. Such is man. Sometimes even entire nations behave so.

Usually in their urge for historical revaluation the authors lay a
trap for themselves or step on mines laid by others. However, others’
experience is not a lesson in this case. Very few get out of the
habit of wearing "peacock’s feathers". There is no alternative.

In this connection, the Armenian pseudo-politicians are notable. The
well-known General Samvel Babayan who has been looking for his place
under this sun for a long time now not only dedicated odes to Prime
Minister Serge Sargsyan aspiring to presidency but also threatened his
opponents to reveal their crimes committed during the war. It seemed
to the general that the retrospective overview would become not only
his own "peacock feathers" but also an invaluable contribution to
the campaign of the figure who favored him after the parliamentary
election of May 12.

At this point self-confidence let the general down. The Armenian
society is hardly interested in who expulsed whom from where, who
helped whom, and so on. People worry about their future and expect
changes in their lives. They know the past of the "noted figures"
by heart and are not fascinated. Hence, the brave general with his
braveness only laid a trap for himself (and his defendant Serge
Sargsyan). Since all the Armenian society wants to know is the dark
pages of our modern history. In this sense, the abovementioned
figures could finally bring clarity and free our memory from the
burden of history.

Many people are asking the right question – let Samvel Babayan’s
defendant Serge Sargsyan ask once whether Samvel Babayan was involved
in the attempt against the ex-president of NKR Arkady Ghukasyan or
not. After all, Serge Sargsyan is aspiring to the post of president,
and he should clarify this issue of importance to the state, which
is still up in the air. The society does not know whom to believe,
Ghukasyan or Babayan. At the same time, many want to know which
president of NKR had conferred the medal of Hero of Artsakh on Samvel
Babayan and when. Maybe Babayan should answer this question and offer
arguments to the society. After all, it is the first Medal of Golden
Eagle – Hero of Artsakh ever conferred on anyone.

We think if Babayan and Sargsyan answer these questions, hardly any
other question from history will be asked to them. People will at last
get normal opportunities for electing a new president of Armenia. And
it does not take going deeper into history. Let others make their
own history clear.

None Of Armenian Chess Players Becomes Medal Winner In World Youth C

NONE OF ARMENIAN CHESS PLAYERS BECOMES MEDAL WINNER IN WORLD YOUTH CHAMPIONSHIP

Noyan Tapan
Nov 29, 2007

YEREVAN, NOVEMBER 29, NOYAN TAPAN. The World Chess Youth Championship
finished in the city of Kemer, Turkey, on November 28. None of the
Armenian representatives was awarded a medal. In the struggle of those,
aged 18, Avetik Grigorian received 8 out of 11 possible points and
took fourth place.

Among those aged 14 Samvel Ter-Sahakian took sixth place with the
same number of points. And Tigran Haroutiunian took fifth place with
8.5 points in the struggle of those aged 10.

BAKU: Lenmarker: Exclusive Chance for Considerable Progress in NK

DemAz.org, Azerbaijan
Dec 1 2007

Goran Lenmarker: `There is Exclusive Chance for Considerable Progress
in Regulation the Upper Garabagh Conflict’
01.12.2007

As AzerTaj informs referring to official site of OSCE, chairman of
Parliamentary Assembly of structure, Goran Lenmarker, declared it
November 29 in Madrid, at the meeting of the Council of Ministers of
Foreign Affairs of OSCE member-states.
Having underlined importance of peace regulation of conflicts in the
Upper Garabagh, Abkhazia, South Ossetia, the Trans-Dniester and
Kosovo, G. Lenmarker, said that OSCE Minsk Group reached considerable
successes.
Having underscored that `taking the opportunity from the presence of
Ministers of Foreign Affairs of Azerbaijan and Armenia in Madrid, we
should reach solving the Upper Garabagh problem’, chairman of
Parliamentary Assembly emphasized that he himself within 4 years
actively partook in the search of versions for regulation if the
Upper Garabagh conflict carried out by OSCE Minsk Group.
G. Lenmarker said that he believes in existence of `gold
opportunities’ for regulation of the conflict peacefully. He stressed
that political agreement may be signed owing to political will of
both parties.

BAKU: Azeri Defense Ministry spokesman denies CFE Treaty violation

DayAz.org, Azerbaijan
Nov 30 2007

AZERI DEFENCE MINISTRY SPOKESMAN DENIES CFE TREATY VIOLATION

The press secretary of the Azerbaijani Defence Ministry has denied
reports that Azerbaijan violates its quotas under the Conventional
Armed Forces in Europe Treaty.

"Armenia, which is an aggressor country, has been accusing us of this
for several years. But Azerbaijan has not violated limits so far,"
Interfax quoted Eldar Sabiroglu as saying on 29 November.

He said that Armenia itself was arming and hinted that Russia is
helping it. "Armenians are arming and everyone knows what country is
arming them." Day.az quoted Sabiroglu as saying.

"We have not forgotten what the 366th regiment [the Soviet army]
committed. We also have not forgotten what country gave Armenia arms
worth 1bn dollars," he said.

Azerbaijan says that the 366th regiment was involved in the massacre
of Azerbaijanis in Xocali town in Nagornyy Karabakh in February 1992.

Sabiroglu added that the Armenian side had lost about 10 soldiers in
cease-fire violations in the past months. The Azerbaijani army lost
45 soldiers in 2007 following cease-fire violations, disease and
accidents, Day.az quoted him as saying.

CNN: Corrupt News Network

The Los Angeles Times
Regarding Media / Tim Rutten

CNN: Corrupt News Network

A self-serving agenda was set for the Republican presidential debates.

Tim Rutten
Regarding Media

December 1, 2007

THE United States is at war in the Middle East and Central Asia, the economy
is writhing like a snake with a broken back, oil prices are relentlessly
climbing toward $100 a barrel and an increasing number of Americans just
can’t afford to be sick with anything that won’t be treated with aspirin and
bed rest.

So, when CNN brought the Republican presidential candidates together this
week for what is loosely termed a "debate," what did the country get but a
discussion of immigration, Biblical inerrancy and the propriety of flying
the Confederate flag?

In fact, this most recent debacle masquerading as a presidential debate
raises serious questions about whether CNN is ethically or professionally
suitable to play the political role the Democratic and Republican parties
recently have conceded it.

Selecting a president is, more than ever, a life and death business, and a
news organization that consciously injects itself into the process, as CNN
did by hosting Wednesday’s debate, incurs a special responsibility to
conduct itself in a dispassionate and, most of all, disinterested fashion.
When one considers CNN’s performance, however, the adjectives that leap to
mind are corrupt and incompetent.

Corruption is a strong word. But consider these facts: The gimmick behind
Wednesday’s debate was that the questions would be selected from those that
ordinary Americans submitted to the video sharing Internet website YouTube,
which is owned by Google. According to CNN, its staff culled through 5,000
submissions to select the handful that were put to the candidates. That
process essentially puts the lie to the vox populi aura the association with
YouTube was meant to create. When producers exercise that level of
selectivity, the questions — whoever initially formulated and recorded them
— actually are theirs.

That’s where things begin to get troubling, because CNN chose to devote the
first 35 minutes of this critical debate to a single issue — immigration.
Now, if that leaves you scratching your head, it’s probably because you’re
included in the 96% of Americans who do not think immigration is the most
important issue confronting this country. We’ve got a pretty good fix
concerning what’s on the American mind right now, because the nonpartisan
and highly reliable Pew Center has been regularly polling people since
January on the issues that matter most to them. In fact, the center’s most
recent survey was conducted in the days leading up to Wednesday’s debate.

HERE’S what Pew found: By an overwhelming margin, Americans think the war in
Iraq is the most important issue facing the United States, followed by the
economy, healthcare and energy prices. In fact, if you lump the war into a
category with terrorism and other foreign policy issues, 40% of Americans
say foreign affairs are their biggest concern in this election cycle. If you
do something similar with all issues related to the economy, 31% list those
questions as their most worrisome issue. As anybody who has looked at their
401(k) or visited a gas pump would expect, that aggregate figure has
increased dramatically since Pew started polling in January. Back then, for
example, concerns over the war outpaced economic anxieties by fully 8 to 1.
By contrast, just 6% of the survey’s national sample said that immigration
was the most important electoral issue. Moreover, that number hasn’t changed
in a statistically meaningful way since the first of the year. In other
words, more than nine out of 10 Americans think something matters more than
immigration in this presidential election.

So, why did CNN make immigration the keystone of this debate? What standard
dictated the decision to give that much time to an issue so remote from the
majority of voters’ concerns? The answer is that CNN’s most popular
news-oriented personality, Lou Dobbs, has made opposition to illegal
immigration and free trade the centerpiece of his neonativist/neopopulist
platform. In fact, Dobbs led into Wednesday’s debate with a good solid dose
of immigrant bashing. His network is in a desperate ratings battle with Fox
News and, in a critical prime-time slot, with MSNBC’s Keith Olbermann. So,
what’s good for Dobbs is good for CNN.

In other words, CNN intentionally directed the Republicans’ debate to
advance its own interests. Make immigration a bigger issue and you’ve made a
bigger audience for Dobbs.

That’s corruption, and it’s why the Republican candidates had to spend more
than half an hour "debating" an issue on which their differences are
essentially marginal — and, more important, why GOP voters had to sit and
wait, mostly in vain, for the issues that really concern them to be
discussed. That’s particularly true because that same Pew poll reported
findings of particular relevance to Republican voters, the vast majority of
whom continue to support the war in Iraq.

According to this most recent poll, a substantial number of Americans
believe the surge is working. As Pew summarized their findings, "While Iraq
remains a deeply polarizing issue across party lines, there has been
improvement in how both Democrats and Republicans view the war. At the
lowest point in February, barely half of Republicans (51%) said things were
going well. Today, 74% of Republicans say the same. And while Democrats
remain far more skeptical than Republicans, the proportion of Democrats
expressing a positive view of the Iraq effort has doubled since February
(from 16% to 33%).

"Independents’ assessments of how the military effort is going remain far
closer to the views of Democrats than of Republicans. Currently, 41% of
independents offer a positive assessment, while half say things are not
going well. In February, 26% of independents expressed a positive view of
the situation in Iraq."

Those are significant swings of opinion, yet the poll also found that more
than half of Americans still favor withdrawing American troops. That
disconnect is a real issue for the GOP candidates, all but one of whom
support the war. Unless we’re going to believe that the self-selecting
YouTube questioners were utterly different from the rest of American voters,
it seems pretty clear that CNN ignored these complex — and highly relevant
concerns — for an issue that served its ratings interests — immigration —
or ones that made for moments of conventional television conflict, like gun
control, which doesn’t even show up in surveys of voters’ concerns.

THIS is intellectual venality, but it pales beside the wickedness of using
some crackpot’s query about the candidates’ stand on Biblical inerrancy to
do something that’s anathema in our system — to probe people’s individual
religious consciences. American journalists quite legitimately ask
candidates about policy issues — say, abortion — that might be influenced
by their religious or philosophical convictions. We do not and should not
ask them about those convictions themselves. It’s nobody’s business whether
a candidate believes in the virgin birth, whether God gave an oral Torah to
Moses at Sinai, whether the Buddha escaped the round of birth and rebirth or
whether an angel appeared to Joseph Smith.

The latter point is relevant because CNN’s noxious laundering of this
question through the goofy YouTube mechanism quite clearly was designed to
embarrass Mitt Romney — who happens to be a Mormon — and, secondarily, to
help Mike Huckabee — who, as a Baptist minister, had a ready answer, and
who happens to be television’s campaign flavor of the month.

Beside considerations like these, CNN’s incompetent failure to weed out
Democratically connected questioners pales.

In any event, CNN has failed in its responsibilities to the political
process and it’s time for the leaders of both the Republican and Democratic
parties to take the network out of our electoral affairs.

[email protected]