Central Bank of Armenia: exchange rates and prices of precious metals – 26-06-20

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 17:20, 26 June, 2020

YEREVAN, 26 JUNE, ARMENPRESS. The Central Bank of Armenia informs “Armenpress” that today, 26 June, USD exchange rate up by 0.64 drams to 481.94 drams. EUR exchange rate up by 0.33 drams to 540.69 drams. Russian Ruble exchange rate up by 0.01 drams to 6.95 drams. GBP exchange rate down by 1.90 drams to 596.98 drams.

The Central Bank has set the following prices for precious metals.

Gold price down by 110.86 drams to 27217.27 drams. Silver price down by 4.67 drams to 271.62 drams. Platinum price down by 200.24 drams to 12349.3 drams.

Asbarez: Our Democracy is On the Verge of Collapse


Armenia’s Constitution

BY VICKEN SOSIKIAN

On June 22 Nikol Pashinyan’s My Step Block, which has absolute control over the parliament in Armenia, passed a law that amends Article 213 of the Armenian Constitution. The amendment caps the years of service for Constitutional Court judges and forces the removal of those judges who have served more than 12 years.

This may not seem like such a terrible idea if it were not for the fact that the Pashinyan camp intentionally bypassed the required Constitutional Court’s review of the amendment.

Article 168 Part 1 states that the Constitutional Court determines the compliance of laws, decisions of the National Assembly, decrees and executive orders of the President of the Republic, decisions of the Government and the Prime Minister, and secondary regulatory legal acts with the Constitution.

This means that the Constitutional Court has a duty to review all laws and decisions prior to enforcement – something they have thus far been stripped of with regard to the Constitutional Amendment at hand.

Article 168 Part 2 states that prior to the adoption of draft amendments to the Constitution, as well as draft legal acts put to referendum, the Constitutional Court determines compliance with the Constitution.

This section further solidifies the need to ensure all amendments to the Constitution are reviewed by the Constitutional Court.

Article 86 Part 2 of the Rules of Procedure of the National Assembly states that the Chairperson of the National Assembly shall, within two working days, send draft amendments to the Constitution to the Constitutional Court for review.

The president of the National Assembly, Ararat Mirzoyan, who is tasked with ensuring adherence to procedure, has violated this rule.

One must think that if the proposed Constitutional amendment did not bear severe red flags, such as the violation of Article 4 of the Constitution, which stipulates a balance of power among the state’s judicial, legislative and administrative bodies, then why would Pashinyan jump through hoops to circumvent a Constitutional Court review of the amendment?

The special session in which the Constitutional amendment was passed was boycotted by the two opposition parties in the parliament; so this packet of laws was passed exclusively by the Pashinyan camp.

Article 123 Part 2 of the Constitution tasks the President of the Republic with ensuring compliance with the Constitution. As such, many were hopeful that the president would fulfill this responsibility and send the amendment to the Constitutional Court for review – similar to two (far less significant) laws that he sent in for review just a few months ago.

However, in the middle of the night, the president signed off on a packet of laws that included the Pashinyan Constitutional amendment – without sending it in for Constitutional Court review.

A slightly different version of the very same amendment was slated for a referendum on April 5, but was postponed due to the state of emergency caused by the COVID-19 pandemic. The constitution also requires constitutional amendments be reviewed by the Constitutional Court prior to setting a referendum date. That article was also violated by the Pashinyan camp, but the concept of a referendum would have at least provided an opportunity for public discourse on the matter.

In stark contrast to the democratic values Pashinyan touts, Article 213 of the Constitution has now (as far as Pashinyan is concerned) been amended, with virtually no public discourse and in violation of the Constitution – resulting in full dominance of all three branches of power in the republic by one man.

The ARF in Armenia has, from the very beginning of Pashinyan’s quest to dominate the Constitutional Court, pushed for the process to be carried out within the legal and constitutional framework that is accepted by all parties and served as the very same structure through which Pashinyan came to power.

Furthermore, the ARF has consistently been a constructive extra parliamentary oppositional force. It has extended a helping hand in matters of national significance, it has mobilized the expertise of its ranks to offer thorough input and feedback to the government on various matters, and (as it has since its founding) has placed the resources of its global infrastructure at the service of the Armenian people and republic.

Unfortunately, not only has this sincerity fallen on deaf ears, it has been responded to with insulting attacks by Pashinyan and his teammates. But worse of all it has not stopped Pashinyan from overstepping the Constitution and putting our democracy on the verge of collapse.

It is now left up to each of us to ask the critical questions, to question the intentions of each responsible individual, and in coming to terms with the facts before us, to rally behind those who are guided by a moral compass that transcends self fulfillment (at minimum) and is instead led by an ideology and a program – those who have proven their dedication to our state and Cause for more than a century.

<<Դաշնակցութեան ճամբայ բացե’ք>>

Ex-president Kocharyan’s office thanks benefactors and citizens for support with bail payment

Panorama, Armenia

Armenia’s President Robert Kocharyan’s measure of restraint has been changed following the ruling of the Court of Appeals, requiring payment of the bail and completion of procedures envisaged by the law. As the former President’s Office said in a released statement, Kocharyan returned home, however will continue his recovery at Izmirlyan medical center according to schedule set by doctors.

“We are thankful to businessmen, benefactors who assisted Kocharyan’s family in paying a 2 billion AMD  bail and numerous citizens who voluntarily transferred funds to the respective state account,” the statement said.

To remind, on June 18, the Court of Appeals overturned the decision of the first instance court  over Kocharyan’s measure of restraint and granted 2 billion AMD ($4.2 million) bail for the ex-president’s release. 

Newspaper: Armenia authorities decide to quickly "liquidate" Constitutional Court

News.am, Armenia

09:57, 19.06.2020
                  

Environmentalist questions Lydian Armenia’s ability to resume mining operations at Amulsar

Panorama, Armenia

Law 20:32 13/06/2020Armenia

Environmentalist, lawyer Nazeli Vardanyan insists Lydian Armenia has no possibility to resume its Amulsar mine operations despite the recent statement about its plans. In a recent statement, the company refuted circulated reports about the uncertainty around the future operation of the project.

The company had specifically pointed to Nazeli Vardanyan’s statements made at a parliamentary commission that Amulsar project would be probably removed from the balance of the company. “In this regard, we would like to state that Amulsar project remains in Lydian Armenia’s whole ownership, the company possesses all rights of the mine exploitation and plans to resume its operation to conclude the mine construction works,” the company had posted on its Facebook page last week.

Panorama.am turned to Nazeli Vardanyan to provide comments on her remarks and Lydian’s reaction to them. Vardanyan informed the Armenian Environmental Front website has already published the May 4 ruling of the Ontario Superior Court of Justice that would shed light on the fitter of the company.

“In December 2019, Lydian appealed to a Canadian court requesting protection from bankruptcy and extension of the company’s stay period under the Companies’ Creditors Arrangement Act (“CCAA”). The Court in its May 4 ruling removed the CCAA protection and enabled lenders to exercise any enforcement rights against the Company in accordance with various pledge agreements, among them are Sweden’s Export Credit Corporation and ING Bank acting as the latter’s financial agency, Caterpillar Financial Services. This implies return of equipment a or any other equivalent assets. This process is possible only during a bankruptcy proceeding,” the Armenian Environmental Front said in a Facebook post.

As Nazeli Vardanyan explained, Lydian made use of Canadian legislation and applied for protection under the Companies’ Creditors Arrangement Act (the “CCAA”). December was the deadline for them to pay all creditors and the deadline was not extended. “Through requesting protection under CCAA, Lydian sought to save time and recover either through obtaining new financial means, make financial changes or sell the mine. Its ordinary shares were blocked for trading on the Toronto Stock Exchange (TSX) in that period and later in February were removed which meant they where unable to trade on TSX,” Vardanyan said.

Another fact speaking of the upcoming bankruptcy of Lydian, in Vardanyan’s words, is the recent decision of the company that it would no longer file financial reports. “Refusing to present reports means the company is moving toward a bankruptcy. That was my point that probably this is the end, and I do not insist it will take place today. There is a process. Until today, there has been a court decision granting them protection and time to get finances. The situation is now different since the protection is now lifted,” said Vardanyan.

The environmentalist insisted the company has no financial resources, and the citizens blocking the Amulsar road would hardly permit them to continue the works, noting even Jermuk office of the company has been shut down.

To note, a first instance court in Armenia has recently approved the defamation case from by Lydian Armenia against Nazeli Vardanyan. Lydian Armenian demanded from court to oblige Nazeli Vardanyan to publicly refute her statements and demanded a compensation. Vardanyan said she is set to appeal the ruling, adding she didn’t attended the hearings as had never received appearance notices and learnt about the hearings from reporters.

“At the initial stage, I sent a letter enquiring about the stages of court proceedings as I had not received any notices. I was invited to court. I attended only one hearing where I got the documents to get familiarized with the case and prepare for the next hearing. Then another hearing was held when I was abroad. I presented by tickets and petitioned to start over the preliminary investigation but received no response. The last hearing was n May and I had a temperature and it was quite risky for others to appear in a court. I filed a petition, called them. The hearing was held and a ruling was made without even listening me. I will definitely appeal the ruling,” Vardanyan stressed.


Armenia PM: Government contributed to spread of COVID-19

News.am, Armenia
 
 
18:16, 12.06.2020
 
The expectations that banks would strictly observe anti-epidemic measures were not met. This is what Prime Minister of Armenia Nikol Pashinyan said in response to deputies’ questions during a special session of the National Assembly today.
 
According to the Prime Minister, in essence, with this, the government contributed to the spread of the coronavirus.
 
“People are constantly criticizing the government, bringing examples of the practice of other countries that have reported fewer coronavirus cases. However, those countries didn’t provide support to their citizens, and Armenia could have done the same, but it didn’t. I believe we need to make the transition to new technologies and reduce the use of cash and introduce digital programs,” Pashinyan declared.

There is shortage of COVID-19 testing swabs in Armenia

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 16:57, 5 June, 2020

YEREVAN, JUNE 5, ARMENPRESS. At the moment there is a shortage of swabs necessary for testing the novel coronavirus disease in Armenia, Healthcare minister’s spokesperson Alina Nikoghosyan said on Facebook.

“On June 4 the National Center for Disease Control and Prevention acquired 4600 swabs for 2300 tests (2 swabs are used for one test)”, she said.

The spokesperson informed that soon a large batch of swabs will be delivered and will be distributed to the facilities conducting COVID-19 testing.

Attorney says Armenia PM Pashinyan is accountable for attack on his house

News.am, Armenia

14:12, 23.05.2020
                  

YEREVAN. – I am not forgiven for being [Armenia’s PM] Nikol Pashinyan’s lawyer [in the past], and now I have a completely opposite position to the policy that Pashinyan is running. Lawyer Tigran Atanesyan stated this at Saturday’s press conference, and in connection with the attack on his house.

“Yes, I blame these halls of power [for] all this that has become possible in this country. What have they turned this country into? Cursing is normal, vulgar, everyday words have become normal, a child can now be cursed at and attacked on. Yes, Nikol Pashinyan is accountable for this; this is during his tenure, and it is backed during his tenure,” Atanesyan said.

It should be noted that yesterday the press spread rumors that Tigran Atanesyan’s house was attacked, insulting remarks were made against his family, and an attempt was made to harm his 7-year-old son.

To note, the press reported on Friday that Tigran Atanesyan’s house was attacked, and insulting remarks were made against his family, and some people had attempted to injure his 7-year-old son.

Iran coronavirus cases increase by 2,294 in past 24 hours

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 14:48,

YEREVAN, MAY 18, ARMENPRESS. According to the latest data, the number of people infected with the novel coronavirus (COVID-19) in Iran has increased by 2,294, bringing the total number of cases to 122,492, the Armenian Embassy in Iran reported today.

69 more deaths have been registered in the past one day. The death toll has reached 7,057.

2,712 infected people are in serious condition.

1,197 more patients have recovered, raising the total number of recoveries to 95,661.

So far, 701,640 COVID-19 tests have been conducted in Iran.

 

Editing and Translating by Aneta Harutyunyan

Armenpress: Firm family based on love and mutual respect is the most important – PM Pashinyan on Family Day

Firm family based on love and mutual respect is the most important – PM Pashinyan on Family Day

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 20:47, 15 May, 2020

YEREVAN, MAY 15 ARMENPRESS. Prime Minister of Armenia Nikol Pashinyan made a post on his Facebook page on the occasion of the International Day of Families and posted a photo. ARMENPRESS reports the PM wrote,

‘’Firm family based on love and mutual respect is the most important thing irrespective of the fact if you are an unemployed poor man, political prisoner, MP or head of state. I have passed and still pass through all these stages and it would be impossible to bear the burdens without my family. Today is the International Day of Families’’.

Edited and translated by Tigran Sirekanyan