Gagik Minasyan Believes Armenia Will Manage To Resist The World Cris

GAGIK MINASYAN BELIEVES ARMENIA WILL MANAGE TO RESIST THE WORLD CRISIS
Hasmik Dilanyan

"Radiolur"
05.12.2008 16:31

No country of the world avoided the second, financial-economic,
stage of the world crisis, and Armenia is not an exception. Chairman
of the National Assembly’s Standing Committee on Financial- Credit,
Budgetary and Economic Affairs Gagik Minasyan believes our country
will manage to resist the crisis, especially considering that the
facts are encouraging.

According to him, the influence of the second stage of the crisis is
especially great in Ukraine, where inflation is expected to exceed
20%. The economic indices have already dropped with 15%, the currency
fell 25%.

Gagik Minasyan assures Armenia will not face that problem. He predicts
the crisis will decline starting from the second half of 2009 and
will, possibly, come to an end. However, before that it is necessary
to work out programs.

According to Gagik Minasyan, the establishment of the Pan-Armenian
Bank will keep Armenia away from the world financial-economic
crisis. "Embracing the Armenian, Diaspora and not only Armenian
capital, the Bank will provide an opportunity to direct the financial
means toward the implementation of Armenian programs."

Today the Prime Minister of Armenia left for Moscow to meet his Russian
counterpart. According to Gagik Minasyan, the solution of financial
problems may be a topic of discussio ns, since the two countries are
closely cooperating in all spheres.

Unibank To Raise The Authorized Capital By 3 Billion Drams And Recei

UNIBANK TO RAISE THE AUTHORIZED CAPITAL BY 3 BILLION DRAMS AND RECEIVE 6 BILLION DRAMS SUBORDINATED LOAN

ArmInfo
2008-12-03 17:53:00

ArmInfo. Unibank shareholders have adopted a decision to raise the
authorized capital of the bank by 3 billion drams instead of the
present 5.6 billion drams. Unibank press-service told ArmInfo the
given decision was made in late November 2008. Unibank Council plans
to complete the procedure of raising the capital in early 2009.

In addition, Unibank promoters will provide additional 6 billion
drams subordinated loan at the beginning of 2009.

To recall, Unibank shareholders are Asset Management and EVA Invest
that hold by 50% stakes. By data of Unibank, Moody’s Investors Service
increased the long-term credit rating of Russian Uniastrum Bank (key
strategic partner of Unibank) in late November by three points to Ba2
(outlook stable).

Moody’s Interfax Rating Agency increased the national scale long-term
credit rating from Baa1 to Aa2. The president and shareholder of
Uniastrum Bank Gagik Zakaryan is the co-owner and Chairman of Unibank
Council.

By data of Unibank, total capital of the bank amounts to 9.5 billion
drams.

Assets totaled 67,7 billion drams on 30 November 2008. Unibank has
maintained its positions in the top five of leader-banks in Armenia
by key figures.

Draft Amendments And Addenda To Law On Referendum Adopted In First R

DRAFT AMENDMENTS AND ADDENDA TO LAW ON REFERENDUM ADOPTED IN FIRST READING

Noyan Tapan

Dec 3, 2008

YEREVAN, DECEMBER 3, NOYAN TAPAN. On December 3, the Armenian
parliament in the first reading with 88 votes "for," 7 "against"
and 2 "abstained" adopted a bill envisaging amendments and addenda
to the law On Referendum. According to the decision publicized the
day before, members of the only opposition faction, Zharangutiun
(Heritage), as well as independent deputy, former NA Speaker Tigran
Torosian criticizing the draft were against the bill.

According to the bill authored by the government, the right of
initiative to hold a referendum to reveal the public opinion on the
most important issues of state life is reserved for the government. The
necessity of holding a referendum to reveal the public opinion on
state’s foreign policy, military and national security issues and the
issues to be put on referendum should be coordinated with the President
in advance. The results of the referendum on the above mentioned issues
are considered positive if more than the half of the participants
vote for. And the draft put on referendum on adopting Constitution
or making amendments to it, adopting laws will be considered adopted
if more than the half of the voting participants, but no less than
a quarter instead of the current one third of citizens included in
the electoral lists vote for.

According to another amendment, in addition to the current limitations,
it is stipulated that no referendum can be held in the country,
either, in case President’s post remains vacant, until a newly elected
President assumes his post.

http://www.nt.am?shownews=1010188

Azerbaijan Will Benefit By Turkey-Armenia Cooperation

AZERBAIJAN WILL BENEFIT BY TURKEY-ARMENIA COOPERATION

PanARMENIAN.Net
02.12.2008 13:40 GMT+04:00

/PanARMENIAN.Net/ Azerbaijan will benefit by Turkey-Armenia
cooperation, according to an Azeri politician.

"One should not see negativism in relations between two states," said
Fazil Gazanfaroglu, Azerbaijani Milli Mejlis member. "The settlement
process held by Azerbaijan and Armenia is not successful," he added.

"Unlike France and Russia, Turkey is our ally. So, there is hope
that the Nagorno Karabakh conflict will be resolved in our favor,"
he said, Day.az reports.

December 1st Is World AIDS Day

DECEMBER 1ST IS WORLD AIDS DAY
Marianna Gyurjyan

"Radiolur"
01.12.2008 13:04

Today is the 1st of December, the World AIDS Day, the day when
individuals and organisations from around the world come together
to bring attention to the global AIDS epidemic. 2008 marks the 20th
anniversary of World AIDS Day.

In 1988, the World Health Organization (WHO) declared the first World
AIDS Day in an effort to raise public awareness about HIV/AIDS issues,
including the need for support and understanding for people living
with HIV/AIDS. The day is also an opportunity to highlight the need
for continued development of education and prevention initiatives.

Over the past 20 years, World AIDS Day has been established as one of
the world’s most successful commemorative days. It is now recognized
and observed by millions of people in more than 190 countries around
the globe.

In 2004 Armenia started implementing a state HIV/AIDS prevention
program.

This year 111 new HIV cases were registered in Armenia. Males prevail
among HIV carriers.

Most HIV cases have been registered in Yerevan. Shirak marz comes
second.

The main routes are the heterosexual relations and the use of
drugs. In some cases the disease has passed from mother to the child,
or contamination has taken place in a homosexual way.

"The results of investigation of 2005-2007 showed that the biological
and behavioral indices have improved," say s Samvel Grigoryan,
director of the center of AIDS prevention, adding that the HIV among
drug addicts has decreased from9.3 to 6.8 percent.

"The spread of the disease can be prevented by means of a targeted
complex program," Samvel Grigoryan says.

"People with AIDS have no problem with treatment in Armenia, scientific
head of the "Armenikum" program Emil Gabrielyan says. In his words,
about 60 persons underwent treatment this year.

Real Estate 64.7% Of Armenia’s Capital Construction Sector In Jan-Oc

REAL ESTATE 64.7% OF ARMENIA’S CAPITAL CONSTRUCTION SECTOR IN JAN-OCT 2008

ARKA
Dec 1, 2008

YEREVAN, December 1. /ARKA/. The mortgage market comprised 64.7%
of Armenia’s capital construction between January and October 2008,
the RA National Statistical Service (NSS) reports.

Capital construction in the mortgage sector amounted to 443.4bln
drams in the past ten months – 37.6% year-on-year increase. Capital
construction in municipal and social services totaled 59.1bln drams
(8.6% of the sector) in the reporting period – 8.8% year-on-year
decrease.

Capital construction in trade, repair of vehicles and household
appliances amounted to 46.8bln drams between January and October 2008 –
9.1% decline compared to the same period last year.

Transport and communications comprised 7.3% of capital construction
(49.6bln drams) – 42.4% of January-October 2007.

During the period under review, capital construction worth 3,887.9mln
drams was carried out in agriculture – 0.6% of the sector. Capital
construction in water-electricity-gas distribution amounted to 27.55bln
drams as of end-October 2008 – 12.8% year-on-year rise.

Capital construction in the hotel and restaurant business rose 1.75pct
to 2,176.8mln drams.

Armenia’s capital construction totaled 685.1bln drams in the past
ten months – 6.9% rise compared to January-October 2007. Building and
assembly operations comprised 13.5% (622bln drams) ($1 – 305.42 drams)

Turkish-Armenian feud a factor in race

Pasadena Star-News
By Dan Abendschein, Staff Writer
Posted: 10/29/2008 10:49:55 PM PDT

A centuries-old dispute between Armenians and Turks is playing a part
in the race for the congressional seat that represents most of
Pasadena.

In recent weeks, Republican challenger Charles Hahn picked up
thousands of dollars at a fundraiser thrown by a Turkish-American
businessman who runs a Web site denying the World War I-era Armenian
genocide took place.

"I want to bring all sides of the issue to the party: Armenians,
Turkish-Americans, the Turkish and Armenian governments," said
Hahn. "We need to all work together in solving the problem."

The fundraiser was put together by Ergun Kirlikovali, an Orange County
businessman who runs several Web sites, including
";

The ideology represents a sharp contrast to bills sponsored by
incumbent Adam Schiff, D-Pasadena. Over the past two years, Schiff has
sponsored legislation that would put the U.S. government on record as
officially recognizing that the genocide took place.

Schiff, who has been strongly supported by his Armenian-American
constituents, brought the fundraiser to the attention to the local
Armenian-language media because he considers the Kirlikovali’s views
troubling.

"This is a pretty narrow special interests group that is devoted to
eradicating the memory of genocide," said Schiff. "This is a way of
sending a message and pushing back against that idea."

Schiff’s legislation has been controversial. The American-allied
Turkish government has steadfastly claimed that the deaths of
Armenians in the break-up of the Ottoman Empire during World War I
were part of a civil war with casualties on both sides. Armenians and
most historians have characterized it as a concerted government effort
to eliminate Armenians from a new Turkish nation.

Hahn raised about $5,700 from the fundraiser and from other
contributions from Kirlikovali. All of the people contributing at the
fundraiser listed addresses outside Schiff’s district, with two
listing addresses in Maryland and New York.

Hahn also received $2,300 from the national Turkish Coalition USA
Political Action Committee, which opposed Schiff’s legislation. The
total contributions make up more than 10 percent of his total
fundraising.

Schiff’s bill failed in the 2007 congressional session, but was
reintroduced this year and approved by the House Foreign Affairs
Committee. If it does not pass in the general session this year Schiff
plans to reintroduce it again next year.

Hahn said he does not deny that the Armenian genocide took place, but
says he would not have supported Schiff’s legislation. He said he
would like to introduce legislation that would be approved by Armenian
and Turkish-American groups alike, though he would not say what
specifically the legislation would say or accomplish.

He said the fundraiser’s attendance was not exclusively members of the
Turkish-American community.

Kirlikovali said the main reason he and others at the fundraiser are
supporting Hahn is because they dislike Schiff’s legislation. However,
he is also a registered Republican and agrees with Hahn’s tax
policies, he said.

"I find Schiff’s stand racist and dishonest," said Kirlikovali. "I’d
like to support someone who can defeat him."

He said he does not deny that Armenians were killed in great numbers
during World War I but said that Turks were killed in greater numbers.
"I lost most of my grandparents’ family on both sides," said
Kirlikovali. "It is the same for other Turks … just because we sit
quietly and grieve instead of making noise about it does not mean we
haven’t suffered."

He added that Schiff had introduced the legislation without regard for
Turkish-American relations just to "appease some radicals in a
California city," a likely reference to Glendale, which has a large
population of Armenians.

www.falsegenocide.com.&quot

Armenian, Iranian officials discuss infrastructure projects

Armenian Public TV
Nov 25 2008

Armenian, Iranian officials discuss infrastructure projects

[Presenter] Armenian National Security Council Secretary Artur
Baghdasaryan has discussed ambitious regional infrastructure projects
with his Iranian counterpart. Armenia can become a transit country for
an international highway stretching from Georgia to Iran, and then –
to the West as well. In addition to this, Artur Baghdasaryan has
discussed the construction of the Iran-Armenia railway with the
Iranian political leadership in Tehran. The Iranian officials did not
hide their interest in the matter of constructing a petroleum refinery
in Armenia.

[Correspondent speaking over video of meetings] The national security
council secretary of Armenia discussed with his Iranian counterpart a
dozen of issues very important for the two countries. Those are of
political, economic and strategic significance. According to Artur
Baghdasaryan, one of the key points of the negotiations was the
construction of the Iran-Armenia railway.

[Baghdasaryan speaking in Armenian to a correspondent] In this regard
an ad hoc committee will be set up in the security councils of Armenia
and Iran, which will coordinate solving this and other key matters.

[The Iranian secretary of the Supreme National Security Council, Sa’id
Jalili, speaking in Farsi with voiceover Armenian translation] I
should say that we have had quite a long and substantial consultation;
we have discussed numerous issues which are extremely important for
our countries. I received an invitation of a return visit from Artur
Baghdasaryan, and I hope that many of our arrangements will have been
implemented at the time of this visit.

[Correspondent] By saying other key matters, Artur Baghdasaryan
implied Iran’s interest in opportunities of building a petroleum
refinery, and an international highway stretching from Batumi to
Yerevan and then to Iran. The fate of these projects will be decided
during discussions of the council that is to be set up. Political
discussions are being held regarding an arrangement for specialist
discussions and feasibility studies of the railway construction
project. The railway and highway construction projects have also been
discussed with [Iranian] President [Mahmud] Ahmadinezhad.The deputy
foreign minister of Armenia, Gegham Gharibjanyan, said the visit was a
successful one.

[Gharibjanyan speaking to a correspondent] I believe that a joint
session of intergovernmental commissions will take place in Tehran
immediately after the visit, and then a working group will introduce
to Mr Baghdasaryan and Mr Jalili the points which they have been
assigned and a next meeting will follow, and why not – mutual visits
of the first persons.

[Correspondent] Gharibjanyan attaches special importance to the
meeting with the Iranian president. According to him, Mahmud
Ahmadinezhad fully backed the three major projects. During the visit
Baghdasaryan also met representatives of the Armenian community in
Iran, and visited Tehran’s Armenian diocese. Hayk Hovhannisyan, Romik
Khachatryan, Tehran, Haylur.

Protest Action Against Encroachments on Armenian Churches in Georgia

PROTEST ACTION AGAINST ENCROACHMENTS ON ARMENIAN CHURCHES IN GEORGIA
HELD IN YEREVAN

YEREVAN, 28.11.08. DE FACTO. A protest action was held at the Georgian
Embassy in Yerevan in connection with the desecration of Armenian
spiritual-cultural values, churches and historical monuments on the
territory of Georgia.
The participants of the action demanded that Georgian government
immediately cease encroachments on the Armenian churches and punish
those guilty. According to the initiators of the action, Armenian
spiritual and cultural heritage is being mercilessly destructed in
Georgia. They considered the Georgian party’s actions as `’white
genocide”.
To note, the attempts of desecration of Armenian Surb Norashen Church
have been recently made in Georgia.
Father Tariel, a clergyman of a Georgian church situated in the
vicinity of Surb Norashen, imitated the construction of a fence, using
symbols peculiar of Georgian Orthodox Church. After holding talks with
Georgian authorities, under the pressure of Armenian party and
Georgia’s Armenian public Tbilisi City Hall rendered a decision on the
construction’s illegality and fence’s dismantling. However, the
directions were not followed. Moreover, some time later father Tariel
made new encroachments, in part, an attempt of moving the graves of
patrons of art Tamamshevs. Georgian Eparchy of Armenian Apostolic
Church also protested against encroachments on Surb Norashen.

NKR President Held Meetings in Los Angeles

NKR PRESIDENT HELD MEETINGS IN LOS ANGELES

STEPANAKERT, 28.11.08. DE FACTO. On November 26 NKR President Bako
Sahakian gave an interview to the Armenian-Russian TV Network channel,
the largest Armenian TV channel in the USA. The President gave answers
to questions related to the settlement of Azerbaijani-Karabagh
conflict, recent development in the South Caucasian region and
Artsakh-Diaspora relations.
According to the information DE FACTO received at the Central
Information Department of the Office of the NKR President, on the same
day the Head of the State had met with members of the Southern
California District Committee of the Armenian General Benevolent Union
(AGBU) at the head of the committee’s chairperson Vahe Imasdounian.
A wide range of issues related to cooperation between Artsakh and the
Diaspora and preservation of the Armenian national identity were
discussed at the meeting. Taking about the development of the
Artsakh-Spyurk relations, Bako Sahakian considered important to make
them more organized and diverse as well as to establish a more stable
connection with Artsakh. The President rated high the work of the
AGBU’s educational establishments in preserving Armenian national
identity in the Diaspora.
Minister of Diaspora of the Republic of Armenia Hranoush Hakobian, NKR
finance minister Spartak Tevosian and other officials partook at the
meeting.
On November 26 President Sahakian also met members of the Central
=0
ACommittee of the Ramkavar Azatakan Party Ara Aharounian and Gevorg
Grigorian as well as chairmen of the party’s Western USA and South
America Regional committees Hakob Nazarian and senator Sergio
Nahabetian.
A wide range of issues related to socioeconomic situation in the
republic, Nagorno Karabagh conflict settlement, and further development
of Artsakh-Diaspora ties were discussed during the meeting. The Head of
the State considered important the necessity to make the participation
of the Diaspora’s political forces in the development of the Motherland
more full-fledged and meaningful.
On the same day the President had meetings with philanthropists Jack
Gilejian and Albert Boyajian. Issues related to the prospects of
carrying out different projects in Artsakh.
On November 26Bako Sahakian visited Armenian Society of Los Angeles
that unites Armenians who moved to USA from Iran.
The President met representatives of the board of trustees of the
organization at the head of the board’s chairman Vahan Gregor and
members of the society. Bako Sahakian introduced to the participants
socioeconomic situation in the NKR, the Nagorno Karabagh conflict
settlement process, talked about deepening Artsakh-Diaspora ties.
President Sahakian rated high the role of the Iranian Armenians in
preserving Armenian national identity in the Diaspora, strengthening
ties between Spyurk and the Motherland as well as in regional politics
in the South Caucasian region. He20urged members of the community to
visit Artsakh more frequently.
Head of the Artsakh Diocese of the Armenian Apostolic Church Archbishop
Pargev, Armenia’s minister of Diaspora Hranoush Hakobian, NKR finance
minister Spartak Tevosian and other officials partook at the meeting.
On the same day the President partook at the annual reception of the
Knight Movement of the Armenian General Benevolent Union.
In his welcome address Bako Sahakian touched upon development that took
place in the NKR during the current year, the Artsakh-Armenia-Diaspora
cooperation and the Nagorno Karabagh issue. Speaking about the Nagorno
Karabagh conflict settlement the Head of the State underlined that this
is a Pan-Armenian issue and a problem of every single Armenian. Only
with everybody’s participation it will be possible to find a just
solution to this issue, said the President.