Global Finance Magazine Recognizes Armenian Converse Bank Best Curre

GLOBAL FINANCE MAGAZINE RECOGNIZES ARMENIAN CONVERSE BANK BEST CURRENCY-EXCHANGING BANK

ARKA
October 12, 2009
Yerevan

YEREVAN, October 12. /ARKA/. Global Finance magazine has recognized Armenian
Converse Bank the best currency-exchanging bank and gave it the 2009 award.

The Converse Bank’s press office told ARKA News Agency that this is
the fourth consecutive year the bank receives this award.

The award ceremony was held on October 6 in Istanbul.

Joseph Giarraputo, the publisher of the magazine, handed the prize
Tigran Davtyan, the acting chairman of the bank’s board.

Converse Bank has six Global Finance awards on various nominations. The
magazine’s choice is based on subjective and objective factors,
such as amounts of deals, market position, qualities of services,
competitive prices and new technologies.

Converse Bank was registered on December 20, 1993.

In February 2007, Eduardo Eurnekian, Argentine entrepreneur of Armenian
descent, bought 95% of the bank’s shares.

The remaining 5% belong to Armenian Apostolic Church.

Converse Bank’s assets totaled AMD 77.2 billion and liabilities AMD
64.2 billion by June 30, 2009.

The bank’s total capital is AMD 13.04 billion, credit portfolio AMD
40 billion, liabilities to clients AMD 52.6 billion and net losses
for Jan-June 2009 AMD 311.95 million. Converse Bank has 550 employees.

It has 25 branches in 13 cities in Armenia. ($1= AMD 385.84).

ANCA Statement on the Signing of the Turkey-Armenia Protocols

Armenian National Committee of America
1711 N Street, NW
Washington, DC 20036
Tel. (202) 775-1918
Fax. (202) 775-5648
Email. [email protected]
Internet

PRESS RELEASE

October 10, 2009
Contact: Elizabeth S. Chouldjian
Tel: (202) 775-1918

ANCA STATEMENT ON THE SIGNING OF THE TURKEY-ARMENIA PROTOCOLS

WASHINGTON, DC – ANCA Chairman Ken Hachikian made the following
statement following the signing of the Turkey- Armenia protocols
earlier today.

"The success of Turkey in pressuring Armenia into accepting these
humiliating, one-sided protocols proves, sadly, that genocide pays."

"President Obama, rather than honoring his pledge to recognize the
Armenian Genocide, went in exactly the opposite direction, applying
the full force of our nation’s diplomacy to twist the arm of a
landlocked and blockaded Armenia – a nation still struggling with the
brutal legacy of its near-destruction – into accepting a dangerous set
of protocols that call into question this very crime against
humanity."

"The ANCA and all Armenian Americans will continue our efforts to
restore morality to our nation’s response to the Armenian Genocide,
and, more broadly, to the cause of genocide prevention. We will also
work to prevent Turkey from using this agreement to further its
genocide denial campaign, to undermine the rights of the Armenian
nation, or to threaten the freedom of Nagorno Karabagh."

www.anca.org

The Protocols Should Be Signed After Lifting The Blockade

THE PROTOCOLS SHOULD BE SIGNED AFTER LIFTING THE BLOCKADE

Aysor.am
Friday, October 09

"The Armenian – Turkish boarder should be open. There shouldn’t
be any closed boarders in the civilized world", – RA ex-foreign
Minister, representative of the ANC Alexander Arzumanyan said today
and mentioned that the important question is which is the price for
opening the boarders.

The speaker thinks that by the protocols of August 31 there are
some preconditions for the Armenians for opening the Armenian –
Turkish boarder.

"The boarder is not closed by Armenia. In those protocols is written
that the sides agreed to open the boarders but Armenia hasn’t closed
any boarder with anyone. The Republic of Turkey has made up a decision
to blockade Armenia, and has closed the boarders unilaterally", –
mentioned A. Arzumanyan underlining that in 1993 closing the Armenian –
Turkish boarder, then also the way through the air Turkey has realized
a hostile activity against Armenia.

"This action should be abolished, after which only can be signed the
protocols about the bilateral relations", -thinks the speaker. The
ex-foreign minister mentioned that Armenia has protocols of bilateral
relations with many countries many of which consist of half page only
and have been ratified or signed by an ambassador or a consul.

Armenian Mika Defeats Serbian Bass In European Chess Cup

ARMENIAN MIKA DEFEATS SERBIAN BASS IN EUROPEAN CHESS CUP

PanARMENIAN.Net
09.10.2009 09:53 GMT+04:00

/PanARMENIAN.Net/ Women’s Club Champion of Armenia’s Mika in the
5th round of the European Chess Club Cup scored its first victory
in the tournament, defeating the Serbian club Bass (Belgrade) with
a score 3,5:0,5.

After the 5th round of the Armenian club scored 5 points and went up
from 9th to 8th place of the tournament table. Meeting of the two
leaders, Monaco’s "Cercle d’Echecs Monte Carlo" and the Georgia’s
Samaya ended in victory of the latter. Thus Samaya and Russia’s
Spartak, defeated Poland’s Polonia, became the leaders with 8 points.

In the sixth round Mika will meet with the club from Monaco "Cercle
d’Echecs Monte Carlo" with Humpy Koneru, Alexandra Kosteniuk, Pia
Kramling and Monica Soko.

Results of Mika’s players in the 5th tour:

Inna Gaponenko – Elina Danielyan – 0:1 Tatjana Vasilevich – Harika
Dronavali – 0:1 Angeli Stojanovic – Nino Khurtsidze – 0,5:0,5 Lilia
Drlevich – Lilith Galoyan – 0:1

40 Percent Is Indifferent

40 PERCENT IS INDIFFERENT

rahos15449.html
17:56:32 – 07/10/2009

In accordance with the public polls, only the 1-1, 5 percent of
the population considers our relations with Turkey primary. People
think that relations with Turkey have to be normalized without
preconditions. But the question should not be solved by masses but
experts. There are questions in the Armenian and Turkish relations
of which the public is not aware, said today the sociologist Aharon
Adibekyan.

The border must be open regardless anything. In 301, if a poll was
carried out, the 99 percent of people would be against the adoption of
Christianity as a state religion but it was forced. The same situation
is in the Armenian and Turkish relations. We cannot stop this process
because global changes are taking place. The U.S. European Union,
Russia, who are the architects of the global net, demand the opening
of the border. Armenia has to be become a transport knot and it is
not up to us to decide. In the present situation, Armenia has to try
to get the maximum.

According to Adibekyan, the 40 percent of the society is completely
indifferent because the border opening has nothing in common with their
interests. And the resting 60 percent is divided into two groups:
those who are for and those who are against it. A part is against
because it will harm their business.

As to the protest action organized within the Diaspora, they give a
bright possibility for Armenia to maneuver and to show to the world
what sacrifices we make, we have to try to seize concessions from
the international society with the help of these protests, says
Aharon Adibekyan.

http://www.lragir.am/engsrc/country-l

What The Republican Thinks

WHAT THE REPUBLICAN THINKS

15431.html
16:36:06 – 06/10/2009

Interviews By Arman Galoyan

On these days, the Armenians from the Diaspora welcome Serge
Sargsyan with "special warmth". Sargsyan’s visits and meetings are
accompanied by Diasporian protest actions demanding not to sign the
Armenian-Turkish protocols. The three Armenian traditional parties
of Lebanon- ARF Dashnaktsutyun, SDHK and RAK are going to welcome
Serge Sargsyan in Beirut with a big protest demonstration. We tried
to learn the opinions of the Republican members about these events
and asked them whether they are not concerned with such responses.

Lernik Arakelyan: Republican parliamentary member

Serge Sargsyan’s tour is accompanied by protest actions. Is the
Republican Party not worried with this fact?

I think those are not protest actions. But just people are expressing
their opinions. Of course, it worries us. I am personally worried
from the point that the policy of our country is wrongly perceived
within the Diaspora.

Naturally, those emotions are understandable, their romantics, but they
are not competent from the point of the republic and politics. The
aim of Serge Sargsyan’s visits is not only to explain the country’s
interests but also the country’s policy.

May we think that Serge Sargsyan’s tour is useless because just from
the beginning the opinion of the Diaspora was clear?

In any case, the opinion of the Armenians from Diaspora is
important. Of course, they are not deciding the policy of our country
but since the question is connected with the Armenian genocide, the
Hay Dat, the NKR issue, so their opinion becomes important. From this
point, Serge Sargsyan’s visit has a very important meaning.

Are you not afraid our link with the Diaspora will disappear?

I do not think it will. Maybe our relations with be tense from
political point of view but they will not disappear. Even if they
are tense, it will have only a temporary character.

Hamlet Harutunyan: parliamentary member from the Republican faction,
head of the Artsakh national union

Serge Sargsyan’s tour is accompanied by protest actions. Is the
Republican Party not worried with this fact?

It is not. But this is a question having different opinions. Of
course, we would like to have a joint, common stance on the issue
but especially within Armenians, it is difficult to have a common
opinion. This is a soft question.

Will Serge Sargsyan make conclusions from all this? Will he refrain
from his step?

Of course not. The geopolitical development will not let us make
such decision in this region, and refrain. These are processes to
be continued.

In this case, do his visits not become useless considering that he
will sign the protocols regardless everything.

Serge Sargsyan has to hold discussions with every course and has to
make a decision. He did good to go abroad to meet our compatriots.

But if he has already decided everything, it becomes aimless.

He has not decided anything, but only historical necessities dictate
everything, there is the term historical necessity that does not
depend on someone’s will but on the country’s interests.

And why not Robert Kocharyan but Serge Sargsyan managed to make
concrete steps in connection with this issue.

One succeeds the other no. Different political figures, in different
historical periods succeed or fail.

Shirak Torosyan: NA Republican faction, head of Javakhk national union

Serge Sargsyan’s tour is accompanied by protest actions. Did you
expect it?

It was somehow expectable because the Diaspora is the immediate result
of the Armenian genocide. The Diaspora preserved in itself ideas on
their homeland, return to homeland, and international recognition of
genocide. And the pre-signed protocols contain some risky elements
which worry the Diaspora. I think they are emotional. Whereas, there
is the relativity of country and homeland notions. And in connection
with border opening, there maybe concessions.

Will the Diaspora’s opinion make Serge Sargsyan refrain from his steps?

The Diaspora is not completely against. There are many figures within
the Diaspora who are for the opening of the border. Everyone wants to
open the border but the point is at what price it is being open. Serge
Sargsyan also stated that there are risky elements and that he is
worried too. But there is the country with its interests.

Will the connection with the Diaspora disappear after the signing of
the protocols?

I do not think such a thing is possible. After all, the connection
between the Diaspora and the motherland cannot disappear because
of one protocol. I think it is a religious, emotive and tangible
connection just from the point that each Armenian keeps in their
hearts their homeland.

http://www.lragir.am/engsrc/country-lrahos

After Ruin In Iraq, A New Minnesota Life Begins

AFTER RUIN IN IRAQ, A NEW MINNESOTA LIFE BEGINS
By Douglas McGill

Twin Cities Plane
October 05, 2009

Raad Ghareeb uses the phrase "below zero" quite a bit, but not in
the way that Minnesotans employ it during our frozen winter months.

Rather, Raad deploys his personal tag line with a grin in sentences
like: "When I started my new life in Minnesota, I started below zero,"
and: "I had everything in Iraq, but when I lost everything after the
war, I fell below zero."

All said with a dazzling smile, twinkling eyes, and the gregarious
energy of a merchant, which was Raad’s line of work before fleeing
Iraq in 2006. After a white-knuckle escape into neighboring Jordan
he spent two years as a refugee there with his family, and they all
arrived in Rochester in July of 2008.

Minnesota Cities

His cheerfulness makes it hard to fathom that Raad’s
customized-for-Minnesota pun is tragically true. He and his family
of five lost all that they physically owned during the Iraq war;
they lost the country where they were born and raised; they left
all their friends and relatives behind in Iraq; and they now live
in Rochester as refugees trying to make a new life in our strange,
nice, so-often-cold state.

The Ghareebs are among 32,655 Iraqi war refugees who resettled in the
U.S. in 2008 and 2009, according to the U.S. State Department. In
Rochester, between July 2008 and the present, 77 Iraqi refugees in
16 families have started life anew, according to Mary Alessio, the
refugee resettlement director for Catholic Charities in Rochester,
which handles Iraqi resettlement cases here.

The other Minnesota cities that accepted Iraqi refugees from 2007 to
July 2009 were St. Paul, which accepted 45 refugees; Minneapolis 11;
Pelican Rapids six; and Richfield three, according to State Department
statistics.

Fast-Tracked

With the number of refugees from other countries dipping and Iraq
rising, Rochester is on track to resettle about 70 more Iraqis in 2010,
according to Alessio.

The total 32,655 Ira led in the U.S. in the past two years make up less
than one percent of the 4.8 million refugees created by the Iraq War.

Like Raad, many of the new Iraqi refugees were fast-tracked for
resettlement because they’d helped U.S. forces after the 2003 invasion,
and thus had been targeted by Al Qaeda militias for kidnapping,
ransoming, or execution.

Raad owned a sporting goods store, Ghareeb Brothers, in downtown
Baghdad, where he sold free weights, multi-gyms, boxing gloves and
other sports stuff to U.S. soldiers looking to stay fit while they
were deployed in Iraq.

"The Right Thing"

"I met many American soldiers and they were great," Raad said. "All
the U.S. soldiers treated me well. They were friendly and they were
honest." Despite his personal trials he strongly approves of the
U.S. invasion of Iraq. "It was the right thing to take out Sadaam,"
he said.

His friendly attitude towards GIs got him into trouble with Al Qaeda,
but so did another fact that marked Raad and his family for persecution
after 2003: they are Assyrian Christians, a religious minority that
for centuries has suffered some of the worst ethnic cleansing and
human rights abuses of any Middle East group.

An indigenous people of Mesopotamia who trace a history of nine
millennia, Assyrians today are mostly Christian and have suffered
a deeply troubled relationship with the region’s mostly Muslim Arab
majority for hundreds of years.

Businessmen Killed

Many Assyrian Christians fled from Turkey to Iraq in 1915, during the
Armenian genocide by the Muslim Ottoman State, which killed between
500,000 and 750,000 Assyrians. In Iraq, which is 97 percent Muslim,
the legal system incorporates Islamic elements, and the history of
Assyrian Christians there has thus been marked by severe structural
discrimination, as well as sporadic massacres.

Such persecution escalated dramatically after the American invasion. As
a prominent Baghdad businessman, Raad was vulnerable to having a
family member kidnapped for ransom, and businessmen up and ved were
getting killed. Finally, Raad wired money to a bank in Amman, Jordan;
he stuffed a knapsack with the family’s deeds, diplomas, and legal
documents; and fled before sunrise one morning with his family in an
SUV, driving to Amman.

On a dangerous return trip to Baghdad to try to gather some personal
documents he’d left behind, Raad nearly didn’t make it back to Amman.

Empty Garage

"Some Al Qaeda guys followed me in a Toyota out of Baghdad, stopped my
car, and drove me to an empty garage," Raad recalls. "They kept saying,
‘Show us your contract to sell goods to the Americans.’ I told them,
‘I have no such contract.’

"They brought in an enormous man with a long knife in his hand. He
stood right in front of me. I thought I had reached the end of my
life. I told them, ‘I don’t care if you kill me, but please send my
bag of documents to my family in Amman.’"

At that moment, one of Raad’s captors reached into his front shirt
pocket and pulled out a crumpled sheet of folded paper on which was
printed an Assyrian Christian prayer. Raad was carrying the prayer
to protect him against danger on the trip.

New Dream

"’Oh, great,’ Raad remembers thinking at that moment. ‘Now, besides
them thinking I am helping the Americans, they also see that I pray
to Jesus Christ. Now they have one more reason to kill me.’"

But instead of slashing his throat, Raad’s captor read the prayer,
stood silent for a few moments, and then stuffed the sheet of paper
back in Raad’s shirt pocket.

"Go back to your family," he said, letting Raad walk away with
his life.

Raad’s new America dream is to rebuild his life as a merchant.

"Iraq has oil, gold, uranium, minerals, every resource you can imagine
in the earth," he said. "While here in American we have manufactured
goods – cars, carpets, clothing, furniture, computers. The question
is how can we move the manufactured goods in America to Iraq, and
the money in Iraq to America?"

Answering that question, Raad hopes, will

RA Premier: Siemens Activity In Armenia Important

RA PREMIER: SIEMENS ACTIVITY IN ARMENIA IMPORTANT

PanARMENIAN.Net
06.10.2009 10:50 GMT+04:00

/PanARMENIAN.Net/ Armenian Prime Minister Tigran Sargsyan met Monday
with Siemens-Austria CEO Brigitte Ederer and the delegation led by
her to discuss programs implemented by the company in Armenia.

"The activity of a company like Siemens is very important in Armenia,"
PM Sargsyan said.

The sides agreed to develop cooperation.

Abp Zakaryan: Diaspora is not against border opening and ties

Archbishop Zakaryan: Diaspora is not against border opening and
establishment of ties
03.10.2009 19:05 GMT+04:00

/PanARMENIAN.Net/ As descendants of Armenian Genocide victims,
Diaspora representatives are very sensitive to Armenian Turkish
rapprochement, and it is possible to understand them, AAC French
Eparchy Primate, Archbishop Norvan Zakaryan said after RA President’s
meeting with Europe’s Armenian community representatives in Paris.

`Opinions in Diaspora naturally vary, and they all need to be
heard. In that context, President’s visit was very valuable, since we
were thus able to listen to his explanations,’ Archbishop stated,
stressing the importance of Armenian-Turkish rapprochement.

Diaspora, he finds, is not against border opening and establishment of
diplomatic ties. `We just want the issue not to cause harm Genocide
recognition issue. This is our concern, and if Protocol wording was a
little bit different, we’d have no fears,’ Zakaryan said.

Turkey to advance Azeri interests in Armenia talks, says Erdogan

Turkey to advance Azeri interests in Armenia talks, says Erdogan
03.10.2009 11:40 GMT+04:00

/PanARMENIAN.Net/ Turkey will advance Azerbaijan’s interests within
the format of its negotiations with Armenia for normal relations and
open borders, Turkish Prime Minister Recep Tayyip Erdogan said during
a televised address to the nation.

`I believe that this process will end up with a happy ending for
Turkey, Azerbaijan and Armenia and this issue, which had become
gangrenous, will be removed from history,’ he said.

`To this end, we will preserve our priorities and indispensability,
and continue our peaceful and friendly steps,’ he added.

Turkey and Armenia agreed on August 31 to launch internal political
consultations over two protocols, which will guide the normalization
of their relations. The consultations were scheduled to be completed
within six weeks and will be followed with ratification of the
documents within the Turkish and Armenian parliaments.

Erdogan described the protocols, which require Armenia to agree to a
series of Turkish preconditions on the Armenian Genocide and borders,
`were a signal to resolve problems,’ the Anatolian News Agency said.

`These protocols will take effect after the Turkish parliament
ratifies it,’ he said. `We will continue our talks to settle problems
between the two countries and bring our relations to a neighborly
course.’

Erdogan said that Turkey was refreshing and changing its relations
with the world, adding that Turkey would continue talks with Armenia
to settle problems.