Total Volume Of Transactions At ArmEx Increases To AMD 400.1Mln In 2

TOTAL VOLUME OF TRANSACTIONS AT ARMEX INCREASES TO AMD 400.1MLN IN 2ND Q 2007

ARKA News Agency
Armenia
Sept 4 2007

YEREVAN, September 4. /ARKA/. The total volume of transactions effected
at the Armenia Stock Exchange (Armex) increased by 34.2 times in
the 2nd quarter of 2007 as compared with the 1st quarter and made
AMD 400.1mln.

According to the preliminary data of the Central Bank of Armenia
(CBA), transactions on shares made AMD 308.5mln or 77.1% of the total
volume of the transactions. The remaining volume (AMD 91.6mln) fell
at share of corporate bonds. In the first quarter transactions were
effected only on shares (AMD11.7mln) though.

The transactions effected at Armex numbered 67 against 68 in the
previous quarter of 2007. The number of organizations that underwent
listing remains unchanged – 34.

Armenian Stock Exchange (Armex) is a self-regulating organization. It
unites 21 broker (dealer) companies and was registered by the
Commission for Securities of Armenia on February 13 2001.

Transactions on Armex have been effected since July 6 2001.

As of August 31 2007, 36 securities underwent listing and were
registered at Armex. The capitalization of Armex made AMD25.4bln.

Innovations Of The New Season

INNOVATIONS OF THE NEW SEASON

armradio.am
03.09.2007 17:59

In the new season literary, cultural and historical programs will
increase on air of the Public Radio of Armenia, 90% of the music will
be in Armenian, Executive Director of the Public Radio of Armenia
Armen Amiryan told a press conference today. If there is no demand
for Armenian music, we shall try to create it, Mr. Amiryan said.

Among the novelties of the new season are the programs of the foreign
services of the Public Radio of Armenia. Assyrian added up to the
existing 13 languages in 2007. Through Internet the Public Radio
provides information in eight languages with attached voice files
available. Readers and listeners have access to the archive, as well.

Live broadcast of the news and all other programs of the Public Radio
is available on The number of visitors of the website
today exceeds 3 500. Most of them are our young compatriots from the
West. That is why, the Public Radio presents the new website of the
"Lyunse" youth program. Besides providing interesting and entertaining
information, it will turn into a youth forum, Armen Amiryan considers.

Radio Jazz and the second channel of the Public Radio, Radio Yerevan,
also promise changes. In September, the 40th anniversary of the
Symphonic Orchestra of the Public TV and Radio Company and the
60th anniversary of its creative director Yervand Yerznkyan will be
celebrated at the Public Radio.

Technical rearmament at the Public Radio is at the last stage. The
recording and live broadcast studios are supplied with modern
equipments.

www.armradio.am.

Food Prices Fall By 3% In Armenia In August 2007

FOOD PRICES FALL BY 3% IN ARMENIA IN AUGUST 2007

Noyan Tapan
Sep 3, 2007

YEREVAN, SEPTEMBER 3, NOYAN TAPAN. 3% fall in prices of food
commodities was registered in Armenia in August on July 2007, mainly
due to seasonal fluctuations of fruit and vegetable prices.

According to the RA National Statistical Service, 16.8% price growth
was regsitered in the fruit commodity group in August 2007 on August
2006, and 18.8% price fall – on July 2007, which was mainly due to
the fall in prices of peach (51.7%), plum (32.3%), grapes (25.4%),
apple (20.9%), watermelon 959.9%) and melon (72.7%). Prices of pear,
lemon, cherry and banana declined by 0.9-16% in the indicated period.

There was 4% price fall in the commodity group of vegetables and
potato in August 2007 on August 2006, and 15.1% price fall – compared
with July 2007, mainly due to the fall in prices of eggplant (75.9%),
green pepper (65.9%), tomato (58.7%), cauliflower (42.4%), carrot
(24.7%), table beet (20.4%). Prices of garlic, bean, potato, cabbage,
onion fell by 3.8-14.8% in the indicated period.

The average price of eggs fell by 3.3% in Armenia in August on July
2007. Prices of meat products fell by 1.3%, mainly due to 7.4% fall
in poultry prices. Prices of beef and mutton fell by 0.6% and 0.1%
in the indicated period, while price of pork increased by 0.9%.

Prices of granulated sugar, dairy produce and other products fell
by 0.2-1.2% in August on July 2007. Prices of coffee, tea, cocoa,
soft drinks, alcoholic drinks, cigarettes remained unchanged. 4.4%
price growth was registered in the commodity group of fish products
in August on July 2007, mainly due to 4.4% and 13.6% growth in the
prices of fresh and smoked white fish respectively.

1% price growth was registered in the commodity group of butter and
vegetable oil in August on July 2007, which was mainly conditioned
by 2.8% growth in the price of butter. There was 0.1% and 0.2% price
growth in the commodity groups of confectionery and bread products
respectively in August on July 2007.

Prices Of Gasoline And Diesel Fuel Fall By 1.7% And 0.4% Respectivel

PRICES OF GASOLINE AND DIESEL FUEL FALL BY 1.7% AND 0.4% RESPECTIVELY IN ARMENIA IN AUGUST 2007

Noyan Tapan
Sep 3, 2007

YEREVAN, SEPTEMBER 3, NOYAN TAPAN. The price of gasoline fell by 1.7%,
that of diesel fuel – by 0.4% in Armenia in August on July 2007.

According to the RA National Statistical Service, there was 14.3%
and 5.1% fall in prices of gasoline and diesel fuel respectively in
Armenia in August 2007 on August 2006, and 1.3% and 2.4% increase in
prices of gasoline and diesel fuel as compared with 2005.

Court Prolongs Oppositionist’s Arrest

COURT PROLONGS OPPOSITIONIST’S ARREST
By Karine Kalantarian

Radio Liberty
Aug 31 2007
Czech Rep.

A court in Yerevan allowed the National Security Service (NSS)
on Friday to keep Aleksandr Arzumanian, a former foreign minister
opposed to the government, for two more months, ignoring protests
from his lawyer.

The court of first instance of the city’s Kentron and Nork-Marash
districts accepted NSS investigators’ arguments that they need more
time to complete their politically charged inquiry into the allegedly
illegal financing of his anti-government activities. The presiding
judge, Ruben Nersisian, ruled that Arzumanian could obstruct the
inquiry, have "illegal influence" on investigators and even go into
hiding if he were to be set free.

The defense lawyer, Hovik Arsenian, condemned the ruling as "illegal
and pathetic" and said he will appeal it. Arsenian also repeated
his claims that the NSS lacks evidence against his client and is
deliberately dragging out the criminal proceedings to keep him in
jail as long as possible.

Arzumanian, who had served as Armenia’s foreign minister from
1996-1998, was arrested on May 7 on charges of illegally receiving a
large amount of money from Levon Markos, a fugitive Russian businessman
of Armenian descent. His arrest came two days after NSS officers
searched his Yerevan apartment and confiscated $55,400 worth of cash
kept there.

Arzumanian, who leads a small opposition group campaigning for regime
change, denies being financed by Markos and attempting to "legalize
revenues obtained by criminal means." He and other prominent opposition
politicians have denounced the case as politically motivated.

In a written petition to the court, a senior NSS official said that
the security agency needs to investigate claims by a Moscow-based
friend of Arzumanian, Aleksandr Aghazarian, that he is the one who
sent the money to the former minister. The official said it has asked
Russian prosecutors to certify the veracity of the claims and look
into the legality of Aghazarian’s revenues.

Raffi Hovhannisyan Presents A Bill On Recognizing NKR

RAFFI HOVHANNISYAN PRESENTS A BILL ON RECOGNIZING NKR

armradio.am
30.08.2007 15:37

Head of the Heritage parliamentary faction Raffi Hovvannisyan presented
the draft law on "Recognizing the Nagorno Karabakh Republic" in the
National Assembly.

According to the author of the bill, by adopting the draft law, the
Republic of Armenia will de jure recognize the de facto independence
of Artsakh, proceeding from the fact that the Nagorno Karabakh
Republic meets all the requirements of international law for being
a sovereign state.

The law will become a basis for regulating the relations between
Armenia and the Nagorno Karabakh Republic proceeding from the official
recognition of NKR, clarifying the rights and responsibilities of
the Republic of Armenia in ensuring and reinforcing the security of
Artsakh, determining the national interest and the state policy of
Armenia, Armenia’s participation in post-conflict reconstruction.

Genocide: Take A Side

GENOCIDE: TAKE A SIDE
Rabbis Eric Yoffie and David Saperstein

New York Jewish Week
nt.php3?artid=6220
Aug 30 2007

A recent split in the American Jewish community found the
Anti-Defamation League under pressure from fellow Jews as well as
the Armenian-American community over its reticence to use of the term
"genocide" to describe the violence against the Armenians in 1915-17.

We praise the ADL’s decision this week to join the global consensus
in using the term genocide. But we are disappointed that the ADL
affirmed its opposition to a congressional resolution commemorating
the Armenian genocide.

One would think such a bill would sail through. That the 1915-1917
slaughter and displacement of Armenians by Ottoman Turkey was the
first genocide of the 20th century (long before the word "genocide"
was coined) and an instance of the ethnic cleansing that so blotted
the remainder of the century – all this has long been accepted by
most historians.

And one would surely be safe to suppose that the American Jewish
community would be among the most vocal supporters of such a
resolution. Yet instead, it has been nearly silent on the matter;
many of the organizations most identified with advocating our communal
agenda have either been silent or announced their abstention.

Why should this be so? Do Jews read the troubling history
differently? Hardly. Much as the Turkish government and its lobbyists
would like others to believe the historical foundation just isn’t
there, the silence of the Jewish organizations has almost nothing to
do with history. It is not what Jews know about Ottoman Turkey but
what they feel about modern Turkey now that shapes their response.

The Jewish community is deeply appreciative of Turkey on two counts:
First, Turkey has long been a voice of Muslim moderation, tolerance
and pluralism, a vital bridge between the West and the Muslim world.

Second, Turkey has been the Muslim country closest to Israel, with
economic, political and military cooperation that Israel and its
supporters hope will be a model for other Muslim nations. The last
thing that the U.S., Israel, or the Jewish community desires is to
offend Turkey at this critical moment.

Those are very real considerations. But the silence of America’s Jews,
intended as an act of friendship and appreciation, serves neither
the Turks nor the Jews. In the real world, that silence is heard
as avoidance and evasion; it offers a stamp of approval to those
who deny the claims of history – and that is something the Jewish
community cannot, must not, allow.

For more than 30 years, the American Jewish community has appropriately
done everything within its power to bring knowledge of the Holocaust
into public consciousness. We have argued that to ignore or deny the
Holocaust is to rob the Jewish people of their history and to dishonor
the memory of the victims. How can the very groups that have led the
effort to ensure that our genocide will never be forgotten now turn
their backs on the genocidal tragedies of others?

In 1989, at the biennial convention of the Union for Reform
Judaism, thousands of Reform Jewish leaders debated this issue and
overwhelmingly endorsed the congressional resolution that establishing
April 24 as the Day of Remembrance for the Armenian Genocide. The
historical record and the role played by one of the first great Jewish
diplomats, Henry Morgenthau Sr., in bringing these genocidal actions
to the attention of the American government and to the world weighed
heavily in their deliberations.

Then America’s ambassador to Turkey, Morgenthau famously sent a cable
to the State Department on July 10, 1915: "Persecution of Armenians
assuming unprecedented proportions … systematic attempt to uproot
peaceful Armenian population and through arbitrary arrests, terrible
tortures, whole-sale expulsions, and deportations from one end of the
Empire to the other accompanied by frequent instances of rape, pillage
and murder, turning into massacre, to bring destruction and destitution
on them. These measures are … directed from Constantinople…." On
Aug. 11, his cable described the Turkish actions as "an effort to
exterminate a race."

Modern Turkey is hardly the only nation with a sordid chapter in
its past: South Africa had apartheid; Germany had the Holocaust;
England had the slave trade; the U.S. had slavery, segregation and the
mistreatment of Native Americans. And, more recently, Cambodia and
Rwanda. Yet in each of these, there’s been an effort at cleansing
– cleansing not by erasing the past but by confronting it. Such
confrontation is a sign of a nation’s strength, not its weakness;
it begets respect, not disdain.

The Armenian genocide was long ago, but as long as Turkey denies it,
it will never be far away. No one doubts that Turkey, since Ataturk,
is very different from what it was in late Ottoman times. Its many
friends wish it well and pray that it will at long last have the
fortitude to look unblinkingly at its yesterday, thereby immeasurably
enriching its tomorrow. n

Rabbi Eric Yoffie, left, is the president of the Union for Reform
Judaism. Rabbi David Saperstein is the director of the Religious
Action Center of Reform Judaism.

http://www.thejewishweek.com/top/editletconte

Armenian Chess Players Lead Championship In Turkey

ARMENIAN CHESS PLAYERS LEAD CHAMPIONSHIP IN TURKEY

Panorama.am
14:00 30/08/2007

Armenian masters of chess game, Arman Pashikyan, Georgi Arzumanyan,
Davit Kalashyan and Levon Badujyan, have won the maximum score,
three points, in the sixth international chess championship in
Turkish Istanbul.

Armenian chess federation informs that Davit Harutunyan, an Armenian
national representing Georgia, has won as many points. The leaders
of the championship are followed by Aghasi Ainants with two points
and Armenian national representing Turkey Harutiun Hakob Kebabchyan
with one point.

Five hundred fifty three chess players take part in Istanbul
championship.

ANKARA: Jewish Lobby And Armenian Allegations?

JEWISH LOBBY AND ARMENIAN ALLEGATIONS?
Ýsrafil Kumbasar, Yenicað

Turkish Daily News , Turkey
Aug 29 2007

What Others Say

Jews trying to re-create a new world design invent "superficial"
issues to keep their target countries under control. Via "bad men",
they bring those issues to the international agenda in order to have
what they want. In fact, these bad men work for Jews.

Targeted countries find remedy in "mediators" or in other words
"good fellows". They are the members of the Jewish lobby in the U.S.

Good fellows convince bad men. And the issues previously brought to
international agenda are shelved.

The so-called Armenian Genocide Allegations is a product of one of
these tactics.

At times Turkey dares to act alone in the region, Israel knocks the
door of the U.S. Congress. The Armenian allegations are brought to
the agenda. Then Turkey knocks the door of Jewish lobby to seek help.

The lobby introduces a condition: Go agree with Israel first.

Agreements follow a series of top-level visits between Ankara and
Tel-Aviv. There comes happy ending, the Armenian allegations are
shelved! Bilateral relations go back to normal.

However, the Jewish lobby in the U.S. decided to recognize the
so-called genocide allegations. Elsewhere, Israel corners Turkey to
step back in "diplomatic close-up" with Iran. Israel continues to
play the mediator and tries to create public opinion for its favor
thorough media.

–Boundary_(ID_2o9P//snZJWhOGzZr9jJ8g)–

Armenian PM Received The Delegation Of The Lebanese "CreditBank"

ARMENIAN PM RECEIVED THE DELEGATION OF THE LEBANESE "CREDITBANK"

Mediamax Agency, Armenia
Aug 29 2007

Yerevan, August 29 /Mediamax/. Armenian Prime Minister Serzh Sarkisian
received in Yerevan today the delegation of the Lebanese "CreditBank",
headed by the Chairman of the Board of Directors Tarek Khalifan.

As Mediamax was told in the press service of the government, Serzh
Sarkisian welcomed the intention of "CreditBank" to start activities
in Armenia, noting, that the initiative is in harmony with the policy
of the government on developing the financial market of the republic.

According to the Prime Minister, the experience of "CreditBank"
may be useful for Armenia, as Lebanon is traditionally considered a
financial center and it has reached serious progress in the sphere
of developing financial markets.

Tarek Khalifan noted that, following the results of the meetings
and discussions with their counterparts from the Central Bank and a
number of commercial banks, the intention of "CreditBank" on starting
activities in Armenia became much stronger.

As Khalifan noted, "our bank will be glad to contribute to the
development of economy in Armenia".

Chairman of the Board of Directors of "CreditBank" also stated
the readiness to cooperate with the Armenian government for the
realization of investment programs in the spheres of agriculture,
development of infrastructures and industry.