11:58,

YEREVAN, DECEMBER 20, ARMENPRESS. Former U.S. President Donald Trump is disqualified from serving as U.S. president and cannot appear on the primary ballot in Colorado because of his role in the Jan. 6, 2021, attack on the U.S. Capitol by his supporters, the state's top court ruled Tuesday, Reuters reports.

The historic 4-3 ruling by the Colorado Supreme Court, likely to be taken up by the U.S. Supreme Court, makes Trump the first presidential candidate deemed ineligible for the White House under a rarely used constitutional provision that bars officials who have engaged in "insurrection or rebellion" from holding office.

The ruling applies only to Colorado's March 5 Republican primary but it could affect Trump's status in the state for the Nov. 5 general election. Nonpartisan U.S. election forecasters view Colorado as safely Democratic, meaning that President Joe Biden will likely carry the state regardless of Trump's fate there.

Trump vowed to appeal the ruling to the U.S. Supreme Court, and the Colorado court said it would delay the effect of its decision until at least Jan. 4, 2024, to allow for an appeal.

The ruling sets the stage for the Supreme Court, whose 6-3 conservative majority includes three Trump appointees, to consider whether Trump is eligible to serve another term as president.

The lawsuit is viewed as a test case for a wider effort to disqualify Trump from state ballots under section 3 of the 14th Amendment, which was enacted after the U.S. Civil War to keep supporters of the confederacy from serving in the government.

The Colorado court concluded that the U.S. Constitution bars Trump, the frontrunner for the Republican nomination in 2024, from appearing on the ballot because of his role instigating violence at the Capitol as lawmakers met to certify the results of the 2020 election. The court's majority acknowledged the decision was "uncharted territory."

"We do not reach these conclusions lightly," the majority justices wrote. "We are mindful of the magnitude and weight of the questions now before us. We are likewise mindful of our solemn duty to apply the law, without fear or favor, and without being swayed by public reaction to the decisions that the law mandates we reach."

Trump's campaign called the court decision "undemocratic."

"The Colorado Supreme Court issued a completely flawed decision tonight and we will swiftly file an appeal to the United States Supreme Court," a spokesperson from the Trump campaign said.

 12:52,

YEREVAN, DECEMBER 20, ARMENPRESS. Secretary General of the Collective Security Treaty Organization (CSTO) Imangali Tasmagambetov will visit Yerevan on December 21, the organization said in a press release.

In Yerevan, the CSTO Secretary General will have a meeting with Foreign Minister Ararat Mirzoyan to discuss the results of the CSTO summit in Minsk.

Armenia did not attend the CSTO meetings in Minsk.

The bloc’s secretary-general had previously announced plans to visit Armenia to present the agreements reached during the summit.

 12:53,

YEREVAN, DECEMBER 20, ARMENPRESS. Azerbaijan is doing everything to avoid signing a peace treaty with Armenia, Armenian Member of Parliament Armen Khachatryan has warned.

“Yes, Azerbaijan has a negative disposition, perhaps Azerbaijan isn’t interested in a peace treaty. Azerbaijan understands that a result [of a peace treaty] Armenia’s economy could grow rapidly, and there could be serious prospects for Armenia’s development. They study this very well and they draw conclusions. Naturally, they aren’t too excited over Armenia having such a prospect. Today we see that Azerbaijan is doing everything in order to avoid signing a peace treaty or signing the kind of treaty that would be clearly guaranteed. Even if it’s signed, Azerbaijan is now doing everything in order for it to be at least like the November 9 document, to be able to breach all terms, which we have witnessed and which we will not allow. But this isn’t up to Azerbaijan, there is the international community, the West, there are many countries, and of course today there is a lot of diplomatic pressure on Azerbaijan. Azerbaijan must be brought to the constructive field,” Khachatryan told reporters.

 14:22,

YEREVAN, DECEMBER 20, ARMENPRESS. Armenia has accumulated scientific potential and it’s time for the government to make serious investments in science, Prime Minister Nikol Pashinyan has said.

Speaking at a ceremony celebrating the 80th anniversary of founding of the National Academy of Sciences (NAS), PM Pashinyan emphasized the important role of supporting science given that the government has been continuously increasing science funding since 2019.

The government increased science funding by 151% in 2023 compared to 2018, and in 2024 the funding will grow by 181%.

Mentioning the salary increase in the sector, the PM said that in 2022-2023 the number of persons engaged in science grew by 296, most of whom are scientists below the age of 55.

“The glorious legacy of the NAS is viewed not just as a fact, but a necessary and highly important asset to make strategic investments in the future. Today, many active scientists in Armenia have concrete contributions in modern scientific achievements by being involved in international scientific teams, but their work isn’t sufficiently covered. But the society must know all renowned scientists involved in breakthrough achievements,” the Prime Minister said in his speech at the event.

He said that the government is investing in science not just for the scientists, but for Armenia’s future, because the government sees the country’s progress in serious scientific development and reforms.

“It’s impossible to envision Armenia’s future without a developed scientific-educational sector, and it is science and education where we see the strategic planning and guarantee of our country’s future,” the Prime Minister said, noting the project on creating the Academic City.

 16:59,

YEREVAN, 20 DECEMBER, ARMENPRESS. The Central Bank of Armenia informs “Armenpress” that today, 20 December, USD exchange rate down by 0.27 drams to 405.54 drams. EUR exchange rate up by 0.32 drams to 444.19 drams. Russian Ruble exchange rate down by 0.01 drams to 4.48 drams. GBP exchange rate down by 2.17 drams to 513.25 drams.

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

Gold price up by 209.30 drams to 26615.96 drams. Silver price down by 0.53 drams to 311.75 drams.

 17:19,

YEREVAN, DECEMBER 20, ARMENPRESS. Children are filled with excitement, and parents share in their enthusiasm. The concluding performance of the two-month internship program by Galaxy Group of Companies is prepared by the children. They reflect on the knowledge acquired and discuss future plans, including new projects and dreams that lie ahead. The graduation event was graced by the presence of the children's mentors, who are also company directors, along with the children's parents and employees of the group.

"Galaxy Group of Companies consistently promotes the involvement of its community members and their families in sports, cultural, and social initiatives, fostering greater unity and strength. Aram Khachatryan, co-founder and CEO of Galaxy Group of Companies, expressed delight during the official closing ceremony of The Futures Business Internship, emphasizing, "We are pleased to have hosted the most cherished members of our community, the children, as part of this initiative."

Business is the art of possibility and the science of calculation. To explore this realm, the children of employees across all companies within Galaxy community engaged in various activities over a month. They had insightful meetings with Galaxy business leaders, delved into the behind-the-scenes operations of the companies, participated in discussions, and collaborated on team projects. A total of 28 children, aged 10 to 14, participated in this initiative, attending seven meetings. The program provided them with the opportunity to visit Megafood, Paul Armenia, Time, Ucom, and Yerevan Mall, all part of Galaxy Group of Companies. Additionally, they interacted with business leaders and held discussions, allowing them to ask pertinent questions and receive valuable insights. The initiative also included visits to AxelMondrian and Partners, the reputation management company responsible for organizing the project.

“Through this initiative, the children of our community's employees enjoyed a wonderful and unique opportunity to spend a day at their parents' workplace, gaining practical insights into their daily activities. Reflecting on the project, we can affirm that it was not only an exciting experience for the participating parents but also a motivating one for the children. This initiative offers them a glimpse into potential future professions, allowing them to envision challenges and contemplate strategies to overcome them.” - Astghik Sargsyan, the Chief People Officer of Galaxy Group of Companies, shared these thoughts during the official closing event of The Futures Business Internship.

During the official closing ceremony of The Futures Business Internship, the future leaders showcased the culmination of their teamwork. They presented the most impressive aspects of their meetings, shared innovative business ideas, and outlined their visions for development to the executives of Galaxy Group of Companies.

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Galaxy Group of Companies, founded by Aram Khachatryan, Gurgen Khachatryan and Artyom Khachatryan, is an Armenian holding company that represents 15 companies in 3 countries. The company directs efforts and funds to the implementation of corporate social responsibility programs in Armenia for the development of thought leadership and intellectual capital in the fields of education, social development and art. In recent years alone, Galaxy Group of Companies has implemented 64 large-scale CSR projects, which directly benefited more than 10,000 people.

 17:54,

YEREVAN, DECEMBER 20, ARMENPRESS.  A consultation  chaired by the Armenian  Prime Minister Nikol Pashinyan was held , during which discussions continued regarding the development of the draft of Armenia's demographic strategy.

Within the consultation, the work done as a result of the previous discussion, the objectives of the strategy, as well as the plans and measures resulting from it were presented, the PM's Office said.

Afterwards, the participants of the consultation exchanged ideas on the draft. They presented their observations on the objectives of Armenia's demographic strategy and the expected measures.

"This is our fundamental strategy, as our objective is to ensure people feel comfortable while living in Armenia. Essentially, all our strategies, policies are largely aimed at this," the PM noted, emphasizing that there is a need to integrate and synchronize strategies and roadmaps.

According to the source, the Prime Minister also emphasized the need for continuous review of strategies, which will contribute to their full implementation and increase in efficiency.

Nikol Pashinyan instructed, based on the observations and discussions of the concerned parties regarding the draft strategy, to make appropriate amendments to the draft.

 18:31,

 19:14,

YEREVAN, DECEMBER 20, ARMENPRESS. Byblos Bank Armenia is summing up 2023 and ringing in the New Year with an important donation.

On behalf of all of the Bank’s employees, customers and partners, funds intended for holiday gifts will be transferred to the Soldier's Home charitable NGO to contribute to the social reintegration of disabled veterans, as well as to projects aimed at providing education, training and employment for the displaced residents of Artsakh.

The donation will fund the participation of forcibly displaced Artsakh civilians in educational programs that match their preferences and potential, as well as provide advanced professional education at a later stage and help them find a job.

The cooperation was officially announced on December 19, when the Bank's Chief Executive Officer Hayk Stepanyan and Director of the Soldier's Home Charity NGO Haykuhi Minasyan signed a memorandum at a special event at the Soldier's Home.

"We are happy to collaborate with the Soldier's Home again and unite around the important goal of returning wounded soldiers to a normal life. Today, our attention is also focused on efforts to help our compatriots displaced from Artsakh, to create a healthy environment for them. I am confident that there will be some tangible result, and I hope we will continue the work to benefit the defenders of the motherland," said Hayk Stepanyan, Chief Executive Officer of Byblos Bank Armenia.

As part of the New Year initiative, Byblos Bank Armenia joined the Soldier’s Home project Armenia 301 to make a modest contribution to improving the quality of life of injured veterans․ The symbol of the project Armenia 301 is the painting “Hayastan” (Armenia) by Martiros Saryan, and during the event, the representatives of the Bank got to install fragments of a puzzle on a replica installed at the Soldier's Home.

“The policy adopted by Byblos Bank Armenia clearly reflects the Bank’s attitude towards the defenders of the motherland. It is not the first time that the Bank supports the Soldier's Home, so that we can take care of the veterans and improve their lives. It is very nice to see that Byblos Bank Armenia feels a great social responsibility towards people who were injured while defending the homeland. We are immensely grateful and we hope this will become a contagious example for many other organizations as well,” said Haykuhi Minasyan, the Director of the Soldier's Home Charity NGO.

This year, forcibly displaced persons from Artsakh are the primary beneficiaries of all, including educational programs of the Soldier’s Home. Their social integration is achieved through education and creation of a permanent source of income for them.

In 2022-2023, the Soldier’s Home assessed the educational needs of about 2,400 beneficiaries, of which more than 1,300 participated in various educational courses, and over400 of them found jobs.

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In 2023, Byblos Bank Armenia CJSC celebrated its 15th anniversary and financed a number of educational and charity projects throughout the year. The Bank was founded in December 2007. Today, Byblos Bank Armenia has four branches in Yerevan where customers access various banking services and receive financial advice. The Bank provides its customers corporate-retail banking services that meet the highest international standards.

Soldier's Home is a charitable NGO that addresses the problems of soldiers injured or disabled in combat or on active duty. Veterans receive quality healthcare services free of charge at the rehabilitation center established in 2018. In addition, Soldier's Home helps disabled veterans get education and jobs by organizing a number of educational programs for servicemen living in Yerevan and the provinces of Armenia.

 19:44,

YEREVAN, DECEMBER 20, ARMENPRESS. Prime Minister Nikol Pashinyan received the President of the International Crisis Group, Comfort Ero.

The interlocutors discussed issues related to the regional situation. Reference was made to the possibilities of establishing stability and lasting peace in the South Caucasus, the process of normalizing Armenia-Azerbaijan relations and the latest developments, the PM's Office said in a readout.

It is noted that the Prime Minister Pashinyan presented the positions of the Armenian side, including over the principles of the peace treaty.

The sides exchanged ideas on the humanitarian problems of people forcibly displaced from Nagorno Karabakh as a result of ethnic cleansing by Azerbaijan, and the programs implemented by the Armenian government to solve them.

The support of the international community was emphasized by both sides.