U. S. Republican Party Leaders Selected

U. S. REPUBLICAN PARTY LEADERS SELECTED

De Facto
Nov 26, 2008

YEREVAN, 26.11.08. DE FACTO. The House Republican Conference met
last week to select its leaders for the 111th Congress, reported the
Armenian Assembly of America (Assembly).

Representative Eric Cantor (R-VA), a member of the Congressional
Caucus on Armenian Issues and a cosponsor of H.Res. 106, the Armenian
Genocide resolution, was elected to serve as Republican Whip. As the
second highest ranking person in Republican Leadership, Rep. Cantor is
responsible for mobilizing votes, coordinating strategy and acting as
a liaison between rank and file Members and the leadership. Minority
Whip Cantor replaces outgoing Rep. Roy Blunt (R-MO), who voted
against H.Res. 106 in the House Committee on Foreign Affairs in
October of 2007.

Armenian Caucus Member and H.Res. 106 cosponsor, Representative
Thaddeus McCotter (R-MI), will also serve in the House Republican
leadership. Rep. McCotter was re-elected as Chairman of the Republican
Policy Committee. In this role, McCotter will be responsible in
crafting winning policies that can help the Republicans regain control
of the House, which they lost in 2006. In addition to cosponsoring
H.Res. 106, McCotter also supported H..Res.102, honoring the life and
legacy of slain Turkish-Armenian journalist Hrant Dink and calling
for the repeal of Article 301 of Turkey’s Penal Code that effectively
punishes discussion of the Armenian Genocide.

Representative Cathy McMorris (R-WA), cosponsor of the H.Res.106
and cosigner of the 2006 Armenian Genocide letter, will serve as
Republican Conference Vice-Chair.

Rounding out the other posts, Representative John Boehner (R-OH) won
re-election as Republican Leader and followed the Administration’s
opposition to H.Res. 106; Rep. Mike Pence (R-IN), who voted against
H.Res.

106 in the House Committee on Foreign Affairs, will serve as Republican
Conference Chairman; Rep. John Carter (R-TX) will be Republican
Conference Secretary and Rep. Pete Sessions (R-TX) will serve as
National Republican Congressional Committee Chairman.

"The new Congress and Administration will provide important
opportunities on a wide variety of issues. We look forward to working
with the incoming leadership, and in particular, Armenian Caucus
members and supporters Reps.

Cantor, McCotter and McMorris, especially as we gear up for our March
2009 Advocacy Conference," stated Bryan Ardouny, Executive Director
of the Assembly.

Ankara Engaged In Political Advertisement, Ara Papian Says

ANKARA ENGAGED IN POLITICAL ADVERTISEMENT, ARA PAPIAN SAYS

PanARMENIAN.Net
25.11.2008 16:19 GMT+04:00

/PanARMENIAN.Net/ Armenia needs diplomatic relations with Turkey,
but Turkey needs them more, leader of Modus Vivendi center, historian
and diplomat Ara Papian told a PanARMENIAN.Net reporter.

Ankara engaged in political advertisement and Yerevan helps this
process, according to him.

Yesterday, during a meeting with Armenian Foreign Minister Edward
Nalbandian, Turkish FM Ali Babacan said Ankara could send an envoy
to Yerevan without establishment of diplomatic relations in exchange
for Armenia’s consent to form a commission of historians to study
the fact of the Armenian Genocide.

"It will be nothing but appointment of an ambassador at large. Armenia
has a representative in the BSEC, who can also be named an ambassador
at large," Mr. Papian said. "Establishment of diplomatic relations is
a means of communication. At that, Armenia favors Turkey’s ambitions
in the region, for some reason."

"Formation of a commission of historians to study the fact of the
Armenian Genocide is a condition Armenia can never accept. Consent will
mean that Armenia questions this historical fact. Yes, it will be good
to have an open border between Armenia and Turkey but we must never
forget that it was Turkey, who closed the border," Mr. Papian said.

Agreement Signed On Provision Of 10 Million Dollar Credit By Ebrd To

AGREEMENT SIGNED ON PROVISION OF 10 MILLION DOLLAR CREDIT BY EBRD TO CONVERSE BANK

Noyan Tapan

Nov 25, 2008

YEREVAN, NOVEMBER 25, NOYAN TAPAN. An agreement on provision of a
10 million dollar credit to Converse Bank by the European Bank for
Reconstruction and Development (EBRD) was signed on November 25. The
agreement was signed by the Head of the EBRD Armenia Office Michael
Weinstein and the CEO of Converse Bank Ararat Ghukasian. Under
the agreement, the credit will be provided to Converse Bank in
two tranches, at market interest rates and for a three-year period
and will be spent on development of small and medium enterprises,
regardless of the Armenian region where the given enterprise is
located. Converse Bank will receive the first tranche in January 2009.

The Chairman of the Central Bank of Armenia (CBA) Arthur Javadian was
present at the signing ceremony. In his words, the Armenian banks
currently do not have any liquidity problems, and foreign credits
enable to protect the Armenian banks from the possible impact of the
global financial crisis.

According to A. Ghukasian, under the indicated credit program of EBRD,
Converse Bank will provide credits for a 4-year period, at an interest
rate of about 16% – depending on risks related to the borrower.

The CBA chairman said that the rumors that Armenian banks do not give
credits are not true. According to him, the total amount of crediting
grew by 50% this year as compared with last year. A. Ghukasian added
that Converse Bank will continue crediting with its own money, but
the attraction of external resources for this purpose will help meet
the developing economy’s growing demand for credits.

A. Javadian announced that the provision of consumer credits has been
reduced a bit because this type of crediting contains more risks as
compared with crediting of enterprises. Besides, new risks emerged
which makes banks more careful when choosing borrowers.

To recap, Converse Bank CJSC was founded in 1993. Its current
shareholders are Advanced Global Investments CJSC (95%), whose main
shareholder is Argentinean-Armenian businessman Eduardo Eurnekian,
and the Armenian Apostolic Church (5%). The bank has 25 branches in 13
Armenian cities and employs 500 people. As of October 31, 2008, the
bank’s overall capital amounted to 13 billion drams (more than 42.6
mln USD), its assets made 63.9 bln drams, liabilities – 50.9 bln drams.

http://www.nt.am?shownews=1010004

Data Collecting Group’s Message

DATA COLLECTING GROUP’S MESSAGE

Panorama.am
19:46 20/11/2008

The data collecting expert group, structured by the order of the
President of Armenia, made an announcement asking all the TV and
radio companies, mass media in Armenia and the citizens to provide
any information they have – records, video records, etc which could
have direct connection with March 1-2 events.

Address – 134A office, 19 M. Baghramyan av., 0095, Yerevan,
tel. 521385, fax 588469, e-mail [email protected].

Estonia Willing To Help Armenia On The Path Of European Integration

ESTONIA WILLING TO HELP ARMENIA ON THE PATH OF EUROPEAN INTEGRATION

armradio.am
22.11.2008 13:09

Within the framework of his visit to Tallin the Foreign Minister
of Armenia, Edward Nalbandian had a meeting with the President of
Estonian Parliament Ene Ergma.

Greeting Edward Nalbandian, Ene Ergma said she has the warmest feelings
for Armenia and the Armenian people. On behalf of the Parliament,
she expressed willingness to render any assistance to the development
of bilateral relations.

Edward Nalbandian noted, in turn, that Armenia is willing to reinforce
and deepen the friendly relations with Estonia and is set to take
concrete steps in that direction.

The interlocutors turned to issues of intensifying the cooperation
between the parliaments of the two countries, the activity of the
interparliamentary friendship group.

Ene Ergma and Edward Nalbandian exchanged views on bilateral
cooperation in the fields of science, education and culture.

Following his meeting at the Parliament, Edward Nalbandian visited
the Armenians Church of Tallin, where he had a meeting with members
of the National Council of the Armenian community.

On November 21 Edward Nalbandian had a meeting with the President of
Estonia Henrik Ilves.

President Ilves and Minister Nalbandian touched upon issues of
intensifying the bilateral relations. The parties noted that the
contractual-legal field existing between the two countries provides
an opportunity to take joint steps for expanding the bilateral and
multilateral cooperation between Armenia and Estonia.

Henrik Ilves noted that Estonia is ready to assist Armenia in the
process of deepening of relations with the European Union.

"Djermuk" Requires Attention

"DJERMUK" REQUIRES ATTENTION

Panorama.am
17:59 21/11/2008

After "Bjni" mineral water left the purchasing arena, the market of
mineral waters has been significantly changed. Currently "Djermuk
Group" LLC is again under the attention of customers, but not because
of some "discoveries" made by FDA organization.

It was known that "Bjni" was occupying the majority of the market,
after it left the market "Djermuk" became the favorite of it, but
the level of production of it has not been increased.

Organizations defending the rights of customers are alarmed with the
quality of "djermuk" in the local market.

War Junkie

WAR JUNKIE
By Ben Naparstek

Jerusalem Post
26404786886&pagename=JPost%2FJPArticle%2FShowF ull
Nov 20 2008

The Age of the Warrior
By Robert Fisk
Nation Books
544 pages; $28.95

‘A lot of journalists want to be close to power – governments,
politicians. I don’t’

‘Beirut is a bit like Vienna after World War II – everybody is
here. Iranian agents and – I’m sure – the CIA are here. If you want
to meet someone from Somalia or Sudan, they’re here’

Soon after September 11, 2001, Robert Fisk was attacked by a crowd
of Afghan refugees near the Pakistani border. Only the 11th-hour
intervention of a Muslim cleric, who called an end, saved the veteran
foreign correspondent from death. But Fisk, who has lived in Beirut
for 33 years – reporting first for London’s The Times and then,
since 1988, for The Independent – felt no rage toward his assailants:
only at himself for fighting back.

"What had I done?" he wrote after recovering. "I had been punching
and attacking Afghan refugees… the very dispossessed, mutilated
people whom my own country – among others – was killing."

He referred to one assailant as "truly innocent of any crime except
that of being the victim of the world" and saw the mob’s brutality as
"entirely the product of others, of us." If he were an Afghan refugee,
Fisk wrote, he would have responded to the presence of a Westerner
with equal bloodlust.

In an age of carefully impartial media coverage of the Middle East,
Fisk’s empathy with the Muslim world and moral indignation have
won him an avid global following. But some see his treatment of
Arabs as patronizing – even while trying to kill him, they can do
no wrong. His critics charge him with promoting a Manichean vision
in which the West is the Great Satan and the Arabs are mere victims
of its imperial designs. But even they often grudgingly admire his
courage and experience.

Named British International Journalist of the Year seven times,
Fisk has provided dispatches from 11 major Middle Eastern wars and
innumerable insurgencies and massacres. While many fellow commentators
unleash opinions from London or New York, being spoon-fed by Washington
think tanks and recycling news agency reports, Fisk testifies from
the ground and gives a voice to the people affected by Western
foreign policy.

He avoids working with other Western journalists to stay immune from
what he sees as their pack mentality. "A lot of journalists want to
be close to power – governments, politicians," says the 62-year-old
reporter, before stressing: "I don’t."

Even so, he has interviewed most of the region’s major power brokers –
including, on three occasions, Osama bin Laden. In The Great War for
Civilization: The Conquest of the Middle East (2005) – a 1,300-page
memoir of three decades as a Middle Eastern correspondent – Fisk
recounts how bin Laden, who has praised his "neutral" reporting,
tried to recruit him. The al-Qaida leader told Fisk that a "brother"
had a dream in which "you came to us one day on a horse, that you had
a beard and were a spiritual person. You wore a robe like us. That
means you are a true Muslim."

Terrified, Fisk replied: "Sheikh Osama, I am not a Muslim, and the job
of a journalist is to tell the truth." To which the satisfied jihadist
remarked: "If you tell the truth, that means you are a good Muslim."

FISK MAKES no apologies for favoring the downtrodden, asserting that
"we should be unbiased on the side of injustice." He explains, "It’s
not a football match, where you give 50 percent to each side. At the
liberation of a Nazi extermination camp, you wouldn’t give equal time
to the SS."

His outrage at the duplicity of Western politicians – and the
media’s complicity with their lies – burns throughout his new book,
The Age of the Warrior: Selected Writings, a collection of columns
from five years.

To Fisk, the "balance"-fixated objectivity of the press masks its
collaboration with oppression, as competing views of well-documented
facts are weighed with weasel clauses like "opinions differ among
Middle East experts."

"I find The New York Times’s coverage of the Middle East
incomprehensible," he opines, "because it’s so careful to make sure
that everybody is able to criticize everybody else. People reading
newspapers want to know what the bloody reporter is thinking or knows."

On average, Fisk receives about 250 readers’ letters every week,
and he notes "how much more eloquent the language of readers is than
the language of journalists." Nowhere does he identify more skewed
semantics than in press treatment of Israel-Palestine. Israeli-occupied
territories are recast as "disputed territories," Jewish settlements
become "Jewish neighborhoods," assassinations of Palestinian militants
are termed "targeted killings" and the separation wall is described
as a "security barrier."

His prognosis for Israel-Palestine? "Eternal war, unless we go back
to UN Security Council Resolution 242 – withdrawal of security forces
from territories occupied in the ’67 war." But, he hastens to add:
"I see no eagerness for it. If you keep on building settlements for
Jews and Jews only on land that belongs to Arabs and they’re illegal,
that’s a terrible cause of war."

The actor John Malkovich, aggrieved by Fisk’s stance on Israel,
remarked to the Cambridge Union in 2002 that he wanted to shoot
him. Soon images of the journalist covered in blood were posted
on-line by bloggers threatening to beat Malkovich to the job. The
verb "to fisk" has entered the language of the blogosphere; "fisking"
involves copying an article onto a Web page and debunking it point by
point – a practice favored by his detractors. Little wonder, then,
that Fisk doesn’t use e-mail or the Internet, which he derides as
"trash" and a "web of hate."

"There’s no sense of responsibility," he says. "It’s not something
you can sue over. It’s caused huge numbers of inaccuracies in stories."

Fisk rejects the allegation that his work reflects a pro-Arab bias,
noting: "I’ve been excoriating in my views of Arab dictators."

A controversial figure in Turkey, he was once expelled for
reporting that its troops looted supplies intended to relieve
Kurdish refugees. His Istanbul publishers insisted on releasing the
Turkish-language edition The Great War for Civilization quietly,
without publicity, fearing legal action over the chapter "The
First Holocaust," in which Fisk documents the killing of 1.5 million
Armenians by Ottoman Turks in 1915. Yet his fan base in the Arab world
is such that in 2000, when it was rumored falsely that The Independent
might sack him under pressure from the "Zionist lobby," the newspaper
received 3,000 e-mails from Muslims in five days protesting. Recently,
he learned of a counterfeit biography of Saddam Hussein, titled
>From Birth to Martyrdom, doing a brisk trade in Cairo. The author:
"Robert Fisk."

DIVORCED FROM the svelte Irish Times foreign correspondent Lara
Marlowe, Fisk has admitted to knowing "quite a few young ladies." But
he now stonewalls personal questions.

Photo: Courtesy He was born in Kent, southeast England, the only child
of Bill Fisk, who served as a lieutenant in World War I. It’s not
lost on Fisk that he’s devoted his life to chronicling the failures
of the states created artificially by his father’s generation, when
Britain carved up the Middle East after 1918 – "the reason why this
place is so screwed up and why I’m here now."

Bill was an authoritarian father who called blacks "niggers" and
hated the Irish. By the time he died in 1992, aged 93, his racism had
become intolerable to his son, who refused to visit him in his final
days. In The Great War for Civilization, Fisk devotes a chapter to
his father’s wartime experiences, partly as an attempt "to apologize
to him for not going to see him."

Despite their differences, Bill supported his son’s choice of
career. When the Israeli government warned journalists to leave
Lebanon during its siege of Beirut in 1982, Fisk’s mother, Peggy,
called to say she and Bill came to the same conclusion as he had –
that he should stay put, since it was merely an attempt by the Israeli
government to stop reporting of civilian casualties.

The only Western male journalist who stayed in Beirut throughout the
’80s, Fisk survived two kidnap attempts. "I’d end up spending 90
percent of my time trying to avoid being kidnapped and 10 percent
working for the paper. We Westerners love routine and kidnappers know
that. You have to completely break up your Western thinking and think
like them." So he drove to the airport through Hizbullah areas where
the terrorists would never suspect he might travel.

Fisk was 29 when The Times "offered" him the Middle East, after a
few years covering the conflict in Northern Ireland. In his memoir,
he recalls anticipating what his foreign editor promised would be "a
great adventure with lots of sunshine": "I wondered how King Faisal
felt when he was ‘offered’ Iraq or how his brother Abdullah reacted
to Winston Churchill’s ‘offer’ of Transjordan."

The romance soon vanished, however. "Once I was with the Iraqi army
in the front line and the Iranians in the trenches, and watching
people get killed around me, the Hollywood excitement wore off. It’s
not been a happy time." Nevertheless, he displays the excitement at
danger that once led William Dalrymple to christen him a "war junkie."

"If I rush to southern Lebanon and manage to get back safely and
file my story, I can go out to dinner at a French restaurant and
say, ‘I made it, I made it!’" Fisk exclaims. Preferring the term
"foreign correspondent" to "war reporter," he suggests "people who
call themselves ‘war correspondents’ are promoting themselves as
romantic figureheads."

SEEING ALFRED Hitchcock’s film Foreign Correspondent (1940) at 12
sparked Fisk’s desire to become a journalist, and he muses about
the possibility of retiring to write feature films about the Middle
East. Now collaborating on his first screenplay, he says: "I’m keener
to write screenplays for movies than anything else at the moment. I
think that cinema – I don’t mean DVDs or TV – is probably the most
persuasive medium that exists."

His next book – titled Night of Power, in reference to the evening
of Muhammad’s ascent to heaven – will center on the Bosnian War of
the early ’90s. The indifference of Western powers to Serb ethnic
cleansing of Bosnian Muslims galvanized the Arab world’s resentment
toward the West, he says: "Looking back, I should have been much more
alert at the Middle Eastern end of the Bosnian story than I was."

The Middle East has never looked so bleak to Fisk: "Every morning
I wake in bed here and ask myself, ‘Where is the explosion going to
be today?’" From his apartment in Beirut’s fabled Corniche, he heard
the blast that killed the former Lebanese prime minister Rafik Hariri
in 2005. Fisk didn’t recognize the burning body of his friend, who
was the second person to phone after his mobbing in Afghanistan. "I
thought it was a man who sold bread," he says.

Next to his front door is a postcard reproduction of a photograph
showing the Austro-Hungarian Archduke Franz Ferdinand and his
wife leaving a town hall in Sarajevo, five minutes before they were
assassinated. It’s there to remind him that "you never know what will
happen when you leave the front door."

Fisk stresses that he has lasted for more than three decades in the
Middle East because of fear, not the lack of it: "If you’re not afraid
of danger, you’ll die. I want to live to at least 93, my father’s age."

http://www.jpost.com/servlet/Satellite?cid=12

Council Of Europe Human Rights Commissioner To Visit Armenia Novembe

COUNCIL OF EUROPE HUMAN RIGHTS COMMISSIONER TO VISIT ARMENIA NOVEMBER 20

ARMENPRESS
Nov 19, 2008

YEREVAN, NOVEMBER 19, ARMENPRESS: The Council of Europe Commissioner
for Human Rights Thomas Hammarberg, will pay a visit to Armenia from
20 to 22 November.

Council of Europe Yerevan office told Armenpress that during the
visit the Commissioner will meet with the President of the Republic,
Serge Sargsyan, the Speaker of the National Assembly, the Minister for
Foreign Affairs, the Head of the National Police and the Prosecutor
General. He will also hold meetings with the Chairman of the ad hoc
inquiry committee of the National Assembly and the members of the
newly-established fact-finding group tasked with the inquiry into the
March events, the Human Rights Defender, as well as representatives of
international organizations and civil society. Commissioner Hammarberg
will also visit places of deprivation of liberty.

"I intend to assess the situation of persons deprived of their liberty
and the progress made in discovering the responsibilities of the March
events" he said. "It is essential that a true and factual description
of what actually happened is established. If this can be done it will
also benefit future work to protect human rights in Armenia," he said.

IFC Helps InEcoBank Expand Financing For Small And Medium Enterprise

IFC HELPS INECOBANK EXPAND FINANCING FOR SMALL AND MEDIUM ENTERPRISES IN ARMENIA

States News Service
November 18, 2008 Tuesday

The following information was released by the International Finance
Corporation:

IFC, a member of the World Bank Group, will expand access to finance
for small and medium enterprises in Armenia by providing a $5 million
financing pakage to Inecobank.

The package comprises a $3 million senior loan to on-lend to small
and medium enterprises and a trade guarantee facility of up to $2
million to facilitate import-export operations. With the guarantee,
the bank will join the IFC’s Global Trade Finance Program and get
access to global network of banks supporting trade finance operations.

Small and medium enterprises account for more than 40% of Armenia’s
gross domestic product but have difficulty obtaining financing
from banks. IFC is supporting Inecobank’s effort to increase such
enterprises’ access to finance, which will help foster economic growth
and generate employment. Part of IFC’s financing also will be used
to support Inecobank’s mortgage lending program and help the bank
adopt international standards in that area.

We value this timely support from IFC, our long-term partner and
shareholder, said Avetis Baloyan, Chairman of Inecobank’s Board. This
new financing will enable us to further develop and expand Inecobank’s
loan products, particularly in the area of SME lending, while the
IFC GTFP facility will help our clients expand their foreign trade
activities.

Snezana Stoiljkovic, IFC Director for Central and Eastern Europe, said:
A viable banking system is vitally important for economic stability
and growth. We are happy to expand our cooperation with Inecobank,
our reliable partner, and thus continue to strengthen the banking
system in Armenia.

This is the second IFC loan to the bank. In 2006, IFC provided
Inecobank with a $3 million loan to expand mortgage finance. IFC is
a shareholder of Inecobank and holds 10 percent of its shares.

About IFC

IFC, a member of the World Bank Group, creates opportunity for people
to escape poverty and improve their lives. We foster sustainable
economic growth in developing countries by supporting private sector
development, mobilizing private capital, and providing advisory
and risk mitigation services to businesses and governments. Our new
investments totaled $16.2 billion in fiscal 2008, a 34 percent increase
over the previous year. For more information, visit

About Inecobank

Inecobank is one of the 10 largest Armenian banks by equity and
assets. As of the third quarter of fiscal 2008, the bank had total
assets of approximately $135.9 million equivalent. Inecobank has a
leading position in the local market for loans and housing finance. It
has seven commercial offices in Yerevan and in Shirak, Lori, Kotayk,
and Armavir. The bank focuses on serving small and medium enterprises
and retail clients, especially in consumer financing, where it
has been a pioneer and is the market leader. For more information,
visit

www.ifc.org.
www.inecobank.am.

Armenia’s Economy Remains Strong Amid Global Economic Recession: IMF

ARMENIA’S ECONOMY REMAINS STRONG AMID GLOBAL ECONOMIC RECESSION: IMF

ARKA
Nov 19, 2008

YEREVAN, November 19. /ARKA/. The worsened global macroeconomic outlook
has increased uncertainty, but Armenia is in a strong position to
withstand the impact of the global economic downturn, IMF Deputy
Managing Director and Acting Chair Murilo Portugal said.

The Executive Board of the International Monetary Fund (IMF)
has approved a three year, SDR 9.2 million (about US$13.6 million)
arrangement under the Poverty Reduction and Growth Facility (PRGF) for
the Republic of Armenia to support the government’s economic program
through 2011. The decision enables the country to draw an amount
equivalent to SDR 1.31 million (about US$1.9 million) from the IMF.

After the successful conclusion of its third PRGF-supported program
in May 2008, Armenia’s economic performance has remained very
strong, Portugal said, adding the economic progress has contributed
significantly to poverty reduction.

"Inflation has increased in the wake of rising international food and
fuel prices and growing domestic demand pressures, although it remains
lower than in other CIS countries. Adherence to prudent macroeconomic
policies and the progress made in structural reforms has helped to
achieve these results," the IMF chair was quoted saying.

He stressed the importance of focusing on business environment
and domestic competition. "In this regard, the completion of the
unfinished tax policy20and administration reform agenda is particularly
important," Portugal concluded.

On May 19, IMF summed up the sixth monitoring of Armenia’s
macroeconomic indicators. The monitoring was part of the PRGF
Program. Allocations of IMF for Armenia’s poverty reduction program
total SDR 23million ($37.3 million).