Mixed Trip: Jerusalem Story Of Hope, Conflict And More

MIXED TRIP: JERUSALEM STORY OF HOPE, CONFLICT AND MORE
By Jane Wooldridge

San Jose Mercury News
07/02/2009 12:00:00 PM PDT

Jerusalem sings with history, conflict

The Western Wall, with the Dome of the Rock behind it, in Jerusalem,
May 27, 2009. The Dome of…"12345"’Don’t you want to go to
Bethlehem?" the taxi driver asks.

Most restaurants are shuttered on this Jewish holiday of Shavuot,
and taxis are few. But Avi, a Palestinian Christian, shadows the
tourist haunts, hoping for business.

I first catch him on a street, then at the Israel Museum (home to
the Dead Sea Scrolls), then at the door of the palatial King David
Hotel. Always, his question is the same: "Don’t you want to go to
Bethlehem?" It’s only a 30-minute drive, he explains.

Hesitation on my part, and a deep breath. Bethlehem lies behind the
political and sandstone curtain dividing lands Jewish and Palestinian,
on the contentious West Bank.

Finally, a friend and I give in to the magnetism of history, and in
the early morning hours, we ride off with Avi toward "the little town"
memorialized in the beloved Yuletide hymn.

We’re shuttled to a welcoming gift shop, then picked up by a guide and
van who will take us the few blocks to the Church of the Nativity,
built by Queen Helene, mother of the Roman emperor Constantine,
on the spot believed to be Jesus’ birthplace.

We scurry to a chapel beneath the sanctuary, a snug space of painted
walls and hanging oil lamps said to be the site of that humble
manger. White-clad nuns begin to gather, and our guide urges us out
before the private service begins. By the time we reach the stone
floors of the soaring church above, the rich strains of centuries-old

psalms swell through the spare sanctuary.

We feel entirely safe except from the come-ons of hawkers hoping to
lure us to their gift shops.

For Christians, visiting Bethlehem is as essential to a Jerusalem
pilgrimage as following the Stations of the Cross or praying in the
Church of the Holy Sepulchre. For those of other faiths, and those
drawn more by history than religion, this sweet town is inextricably
bound to Jerusalem’s twisting story of hope, conflict, alliances
and resentments.

Close neighbors Nearly all of the more than 3 million tourists who came
to Israel in 2008 included Jerusalem on their must-see lists. More
than in any other place in Israel, past and present coalesce and
meld here. The modern city of 700,000-plus sprawls far beyond the
millennia-old walls, but in its ancient core, history seems forever
at your elbow.

When you read the Bible, Torah or historical texts, you may imagine
great distances between the Temple Mount, where Solomon built the
physical center of Judaism; Gethsemane, where Jesus prayed in the olive
garden; Golgotha, where he hung on a wooden cross; and the stone tomb,
where his body was laid to rest.

But like Bethlehem, these icons incarnate are closer than you
expect. Much closer. Some religious sites stand literally atop each
other; others are no more than steps apart.

As you wander through the old city’s glorious stone warren, you quickly
see that proximity is partly to blame for the ceaseless argument
over Jerusalem’s governance. Like a stone wedged inside your sandal,
some discordant view is ever present. Regardless of your beliefs,
someone who differs vehemently is likely to be just next door.

Even to a first-time visitor, it’s no surprise to find metal detectors
and strict security in the passageways separating Old Jerusalem’s
Arab quarter from the Jewish Western Wall, at the foot of the Temple
Mount. And no surprise to find security again at the entrance leading
up the Mount to the shimmering gold of the Dome on the Rock sacred
to Muslims.

Conflict within What is a surprise, at least to a casual visitor,
is the dissent and violence that have plagued the Church of the Holy
Sepulchre – not between Christians and Jews or Christians and Muslims,
but between Christians and Christians.

These few square feet of stone, you learn, belong to the Greek
Orthodox; these, to the Armenians; these, to the Catholics; these,
to the Coptics. In all, six Christian denominations claim jurisdiction
in various parts of the massive church, which stands over the ground
where Jesus is said to have been crucified, entombed and resurrected.

With six caretakers, squabbling perhaps is inevitable. Over the
years, one group or another has barred the door, hidden the key,
blocked entrances, refused repairs and brawled so openly that police
have been called to restore peace. If you believe in the teachings
of Jesus, or simply have read them, you may be appalled.

And yet, in this ancient city of squabbles, you may also be struck
by a surprising sense of fellowship.

World’s community As they have for generations, Arab and Jewish
merchants sell goods side-by-side in the Old City market – scarves by
lamps by jewelry by dried teas by rugs by Uzbek embroidery sold by an
Arab who says he has converted to Buddhism. Non-Orthodox Jews eat in
Arab falafel stands and stop by the cafe atop the Christian Austrian
Hospice for a Coke. Arabs, Christian priests and yarmulke-clad Jews
pass each other in the snug alleys in what often seems a camaraderie
of familiarity, if not shared purposed.

"You have a sense of worldwide community, regardless of your religion,"
said Paul Hewerdine, an American Catholic who lives in Israel.

Groups of Christian pilgrims drag wooden crosses up the Via Dolorosa,
the path partly through today’s Arab quarter, where Jesus is said to
have carried his own cross to his crucifixion.

A Jewish jeweler points a bewildered traveler to the Crusader-era
Church of St. Anne; an Arab bystander points to the obscured entrance.

Strains of a hymn spill from a Christian church; the Hebrew sounds
of prayer flow from the Western Wall; a muezzin sounds the Muslim
call to prayer.

For all of Jerusalem’s discord, at times the city sings in harmony.

If You Go Dome of the Rock: The striking gold-domed shrine enclosing
the rock where Mohammed is said to have risen to heaven is closed to
non-Muslims, but a stroll around the perimeter of the city’s landmark
gilded dome is a powerful experience. It dates from around 688 and
is one of the world’s oldest Muslim structures.

The Western Wall: The simple stones that form the wall of the Second
Temple are one of Judaism’s most sacred sites, and any time of the day
or night you can see men and women tucking their prayers between the
stones. Men and women pray separately — each has its own entrance
— and although tourist garb is common, women should keep shoulders
covered and dress modestly. There are a few beggars, but paying them
isn’t expected. The Western Wall sits just below the Temple Mount,
home now to the Dome of the Rock, a Muslim site.

Church of the Holy Sepulchre: Jammed among the tight alleys of the
Old City, the church marking the places where Jesus was crucified,
died and buried seems unimpressive from the outside. Inside, it is a
beautiful if sometimes disturbing testament both to conviction and
religious strife: the church (built by Constantine in 326 A.D.) is
divided among six Christian groups, including Greek Orthodox, Coptics,
Armenians, Catholics. The devout queue to get into the chapel over the
tomb where Jesus is said to be buried; the slab where his body was laid
after being taken from the cross is often crowded with the faithful.

Stations of the Cross: The 14 stations of significance on Jesus’ day
of trial and procession to Golgotha are marked with bronze plaques;
they’re small and easily missed. The Via Dolorosa (partly on the
actual street called Via Dolorosa) is as much a path of symbolism
as geography; exact locations of the various sites sometimes are
disputed. On Friday afternoons, Franciscan monks lead a procession
along the way; others are welcome to join.

Bethlehem: Grab your passport — you’ll need it at the West Bank
check point — and snag a taxi or sign up for a half-day tour from
Jerusalem (from about $40). Note that the U.S. Department of State
(//travel.state.gov) advises that travelers be mindful of security
factors when visiting the West Bank.

WHERE TO STAY: The King David Hotel (;
800-745-888) is the city’s showplace. Opened in 1931, it has played
host to such luminaries as Bill Clinton, Gregory Peck, Tony Blair and
Sting. Come at least for a drink and a wander through the hallowed
halls. Doubles from $433; minimum stays required on some dates.

Three Arches YMCA (; 011-972-2-569-2692). Doubles,
$195 including breakfast. This popular option books early.

Austrian Hospice (; 011-972-2-626-5800. This
simple lodging is one of the few within the Old City walls. Even if
you don’t stay here, stop in for a coffee and spectacular rooftop
views. Doubles from about $54, including breakfast.

WHERE TO EAT: No, you aren’t stuck with gefilte fish and falafel
(although the Middle Eastern fare is predictably superb.) International
tastes from sushi to linguine are available. Check out the cafes
around Ben Yehuda Street in the New City Center.

GUIDES AND TOURS: Yael Shilo, my guide in Jerusalem, tailors
tours to the interests of guests, many of them Americans
([email protected]; 011-9725-2-267-2768).

David Perlmutter, my guide elsewhere in Israel, also offers specialized
tours of Jerusalem. An American, he has lived in Israel for several
decades. ([email protected]; 011-972-54-420-1353).

SECURITY: Be prepared for security lines and X-ray machines in some
buildings and entering the Jewish quarter of the Old City. Armed guards
are common, especially during holiday periods. The U.S. Department
of State advises against travel to the Gaza Strip, which continues
to be plagued by violence.

More Info: Israel Ministry of Tourism, , 888-77-ISRAEL
or 212-499-5660. Also useful is the independent Web site, Sacred
Destinations,

www.lhw.com/KingDavidHotel/
www.ymca3arch.co.il
www.austrianhostpice.com
www.goisrael.com
www.sacred-destinations.com.

Attempt To Include Armenian Monuments Abroad In List Of Historical M

ATTEMPT TO INCLUDE ARMENIAN MONUMENTS ABROAD IN LIST OF HISTORICAL MONUMENTS OF GIVEN COUNTRY MADE

Noyan Tapan
July 2, 2009

YEREVAN, JULY 2, NOYAN TAPAN – ARMENIANS TODAY. The situation
of Armenian monuments abroad is considered differently depending
on the policy carried out towards the Armenian heritage in those
countries. According to the Chairman of ICOMOS/Armenia NGO Gagik
Gyurjian, that policy can be considered as a considerate, causing
concern and extremely hostile. A careful attitude towards Armenian
monuments is noticed in Russia, Iran, the Ukraine, Italy, Romania,
the attitude in Georgia and Turkey causes concern and in Azerbaijan
it is extremely hostile.

G. Gyurjian informed the Hayern Aysor that discussions on the theme
"The preservation of Armenian Cultural Heritage in Armenia and Abroad"
were held in Yerevan and in Oshakan on December 3-5, 2008. According
to him, the problem united about 50 specialists of the sphere from
Armenia, Diaspora and abroad, an exchange of experience and information
and acquaintance with new methods and systems took place.

As a result of the discussions the participants made a joint statement
and applied to the RA government with a proposal. Particularly,
they suggested creating an online net including the state, public and
private structures of the sphere. Besides, they called for assisting
the acknowledgement, documentization and the process of taking under
state preservation Armenian heritage in those countries with the help
of RA diplomatic missions and representatives, as well as Diasporan
Armenians.

"Armenian monuments abroad can be heritage for us, but not for that
country.

Heritage is a legal status, which is given to the object or structure
by the state. So everything should be done and some measures should
be undertaken to include the Armenian monuments in the list of the
historical and cultural monuments of the given country. After that
the country will assume obligations to preserve it," G. Gyurjian told.

It was also mentioned that the participants of the discussion made
a request to Catholicos of All Armenians Karekin II. Particularly,
they asked to assist the cultural, particularly, cult heritage’s
preservation, documentization and proper preservation in the country
with the help of the dioceses of Armenian Apostolic Church abroad.

Armenia To Participate In Creation Of CIS Center For Nanotechnology

ARMENIA TO PARTICIPATE IN CREATION OF CIS CENTER FOR NANOTECHNOLOGY INNOVATIONS

/PanARMENIAN.Net/
01.07.2009 19:56 GMT+04:00

/PanARMENIAN.Net/ The CIS countries intend to set up an international
innovation center of nanotechnologies, the press service of the
Federal Agency for Running Special Economic Zones (RosOEZ) reports.

According to experts, this center will play the role of a "locomotive"
for the formation of a common regional market of nanoindustry in the
CIS space.

On July 1-2, an information forum on the creation of this center will
be held in Dubna. The Federal Agency for Running Special Economic
Zones, the Unified Institute of Nuclear Researches "Dubna," the Russian
Scientific Center "Kurchatov Institute," the International Fund of
Humanitarian Cooperation of the CIS Member States and the National
Academy of Sciences of Ukraine are the organizers of the forum.

Specialists from Russia, Ukraine, Armenia, Belarus and Kazakhstan,
as well as international and European companies and organizations
will take part in the forum.

Next Summit Of OSCE Foreign Ministers To Be Held In Athens In Decemb

NEXT SUMMIT OF OSCE FOREIGN MINISTERS TO BE HELD IN ATHENS IN DECEMBER OF 2009

/PanARMENIAN.Net/
29.06.2009 14:43 GMT+04:00

/PanARMENIAN.Net/ The informal meeting of OSCE foreign ministers
on the Greek island of Corfu concluded today with the launch of the
"Corfu Process" to tackle European security challenges with concrete
steps to restore confidence and prepare the ground for the ministers’
next meeting in Athens in December.

"We just completed a fascinating, wide-ranging and frank discussion on
the future of European security," said the OSCE Chairperson-in-Office,
Greek Foreign Minister Dora Bakoyannis.

"While this is a time to celebrate the remarkable progress the
OSCE states have achieved together over the past two decades, the
Ministers concurred that it is also time to consider that much work
remains undone."

Bakoyannis said that traditional security problems remained unresolved
as new threats and challenges continued to emerge. These included
protracted conflicts and other unresolved tensions, the suspended CFE
Treaty, the need to strengthen democracy and rule of law in parts of
the region, the economic crisis, terrorism, trafficking and instability
in neighbouring regions.

The meeting ended with agreement on the "Corfu Process" – steps to take
the dialogue on European security forward, said the OSCE Chairperson.

"We agreed on the need for an open, sustained, wide-ranging and
inclusive dialogue on security and concurred that the OSCE is a
natural forum to anchor this dialogue, because it is the only regional
organization bringing together all states from Vancouver to Vladivostok
on an equal basis."

She added that OSCE documents such as the Platform for Co-operative
Security provided a framework so that other security institutions
could also contribute to the process Bakoyannis said she had tasked the
Permanent Representative of Greece to the OSCE in Vienna, Ambassador
Mara Marinaki, to push ahead with the Corfu Process with an eye to
the OSCE’s Ministerial Council in Athens in December.

"As a next step and for the preparation of the Athens Ministerial
Council, I have decided to ask my Permanent Representative in Vienna to
explore with participating States ways for a more structured dialogue,
and more specifically the priority areas that our dialogue should
focus on and the modalities for its conduct," she said.

Armenian Deposit Guarantee Fund’s 2008 Financial Reports True

ARMENIAN DEPOSIT GUARANTEE FUND’S 2008 FINANCIAL REPORTS TRUE

ARKA
June 26, 2009

YEREVAN, June 26. /ARKA/. The financial reports of the Armenian Deposit
Guarantee Fund for 2008 contain accurate data on the Fund’s financial
situation in conformity with the Armenian accountancy standards,
reported Grant Thornton Amyot LLC, an Armenian consulting and auditing
firm, which made an audit of the Fund’s activities in 2008.

The Fund reported that the company audited the Fund’s balance sheet,
financial reports, changes in the company’s own capital, money flows
as of December 31, 2008, as well as the description of the Fund’s
accountancy policy.

The Deposit Guarantee Fund is an agency ensuring financial stability in
Armenia. The Central Bank of Armenia (CBA) initiated the establishment
of the Fund in 2005 to guarantee deposits of individuals, including
private businessmen, bolster public confidence in the Armenian banking
system and protect deposits’ interests.

The main law regulating the Fund’s activities is the RA Law "On
Guarantee of Remuneration of Banking Deposits of Physical Persons"
adopted on 24 November, 2004. The Fund also works in conformity with
its Statutes and a number of decisions made by the CBA.

A poll conducted by the CBA in the latter half of 2008 showed that 68%
of the respondents were informed of the Fund’s activities.

The Fund cooperates with International Association of Deposit Insurers
(IADI) and European Forum of Deposit Insurers (EFDI) as their full
member.

Since 2005, Global Banking Development Solutions (GBDS) has been
rendering consulting services to the Fund on a â~B¬400,000 grant issued
to Armenia for consolidating its deposit guarantee system. Under the
program, last July, the Fund staff got acquainted with the deposit
insurance systems of Italy and Germany.

Grant Thornton launched its activities in Armenia in 1991. In 1994,
Grant Thornton France established a branch in Armenia, which was
later transformed into Grant Thornton Amyot LLC.

Grant Thornton Amyot LLC, the Armenian Member of Grant Thornton
International, is a multi-professional group of Public Accountants
and Auditors, Financial Advisers, Business, Industry, Tax and Legal
Consultants.

Grant Thornton Amyot (then Amyot Exco Armenia) was founded in 1991,
and has since been providing audit missions, in-depth professional
consulting services, expert advice to governmental organisations,
top-level enterprises, national and commercial banks in CIS countries:
Armenia, Georgia, Belarus, Kazakhstan and Uzbekistan.

Russian Parliamentarian: Russia Ready To Forgive President Of Armeni

RUSSIAN PARLIAMENTARIAN: RUSSIA READY TO FORGIVE PRESIDENT OF ARMENIA HIS DESIPIENCE

ArmInfo
2009-06-27 11:46:00

ArmInfo. Russia is a great country and it believes its duty to prove
everywhere its tolerance and understanding to the actions of our
partners, which are sometimes difficult to understand, as well as
to forgive others for desipience. Valery Bogomolov, a member of the
Russian State Duma Committee for International Affairs (Yedinaya Rossia
party) told when commenting on the decision by President of Armenia
Serzh Sargsyan to award President of Georgia Mikheil Saakashvili with
Order of Honor.

‘Every country is free to award as well as to praise or condemn anyone.

However, it is very important for it to understand that one should not
muddy the water he may have to drink. The ambiguous awarding of the
Georgian presidency should be studied just in this context’, he said.

For his part, Vice Chairman of the State Duma Committee for
Constitutional Legislation and State Building (CPRF) Viktor Illukhin
said: ‘Demonstrative awarding of the Georgian President with a
high state order is an incorrect and unfriendly step with regard to
Russia’. ‘I don’t think this step by the Armenian President will have
any negative impact on our trade and business relations since Armenia
considers Russia its key partner and Russian troops and military
base are deployed in its territory. We have mutual benefit and any
tension of relations will raise the issue of withdrawal of the Russian
military base or increase of the price of land leasing. Nevertheless,
it has left a goal in the mind’, Illukhin said.

The Georgian President was on an official visit Armenia on June
24-25. He met with the top leadership of Armenia and visited the
Armenian Genocide memorial complex.

History Of Armenia Manual Authored By Armenian State Pedagogical Uni

HISTORY OF ARMENIA MANUAL AUTHORED BY ARMENIAN STATE PEDAGOGICAL UNIVERSITY LECTURERS PUBLISHED

Noyan Tapan
June 25, 2009

YEREVAN, JUNE 25, NOYAN TAPAN – ARMENIANS TODAY. History of Armenia
manual authored by four lecturers of K. Abovian Armenian State
Pedagogic University Armenian history chair (S. Poghosian, A. Asrian,
K. Stepanian, E. Hovhannisian) was published. It is intended for
students of non-professional faculties, as well as for a wide circle
of readers.

The main events of Armenian people’s historic past are briefly
presented in this History of Armenia manual on the basis of sources
and modern studies.

The manual in a popular way presents Armenia’s history from the start
up to our days, there are individual parts on history of Armenian
culture and Diaspora.

Economist: Violence In Eastern Anatolia: Give Up The G-Word

VIOLENCE IN EASTERN ANATOLIA: GIVE UP THE G-WORD

Economist
isplaystory.cfm?story_id=13895055
June 25 2009

MOST of the people who devote themselves to chronicling the history of
Anatolia during the first world war fall into one category or another:
those determined to prove that the Armenians suffered genocide, and
those determined to prove the opposite. This Manichean split amounts
to a "travesty of history and memory". What is needed is a "vaguer
designation, avoiding the g-word but clearly connoting criminal acts
of slaughter."

That is Christopher de Bellaigue’s argument and many people will
be shocked by it. How could anyone want to blur the outlines of an
unspeakable phenomenon whose precise definition has, in recent years,
been of keen concern to liberal internationalists and humanitarian
law buffs? What hope is there of stopping genocide if people do not
even try to decide what the word means?

But honest readers of this moving and intricately woven look at
Turkey’s 20th-century history will surely see his point. By focusing on
a single, remote area in the east Anatolian highlands, and describing
not only its blood-drenched history but the multiple layers of denial
that obscure every episode, Mr de Bellaigue, a former correspondent for
this newspaper, conveys some important messages about the elusiveness
of historical truth.

As he shows, in places where "the past is not even past", the passage
of time does not always make it easier to discern or speak the
truth. It is difficult, though not impossible, to establish even the
basic facts about the fate of the Armenians in this part of Anatolia;
it is also hard to establish what horrors occurred during the Kurdish
uprising which began in the 1990s and is still sputtering away.

So many of the people who might be able to offer enlightenment–be they
local residents, or migrants to Istanbul or Germany–are consciously
or unconsciously hiding truths: about themselves and their family
histories, as well as more public events. For example, some Armenians
who escaped in 1915 were re-socialised as Turks or Kurds, without
entirely losing their genetic memory. This has odd effects on the
way such people, and their descendants, think and talk; this book
analyses those effects shrewdly but not unkindly.

Indeed, the best thing about the book is the intelligence with which
the author deconstructs all the private and public myths that seem to
be haunting his interlocutors, including the various servants of the
Turkish state who take it upon themselves to set him straight about
their country’s history.

Many of his official informants assume that a person of Anglo-Saxon
appearance, speaking fluent Turkish, must belong to the long line of
spies and troublemakers who have meddled in this part of the world
on behalf of perfidious Albion. The reader is not invited to mock
or despise these envoys of the state. On the contrary, the feeling
is that for all the peculiar and indeed downright wrong things they
believe, such people have their own particular integrity.

As an account of the way truth is constructed by communities and
families living in a state of war and fear, "Rebel Land" ranks in
sophistication with any primer of postmodern philosophy or social
anthropology. It is also far more gripping, not least because it is
told in the vulnerable but never self-indulgent voice of somebody who
loves this part of Turkey, and has a soft spot for all the peoples
who have lived, loved, died and killed there.

http://www.economist.com/books/d

Nabucco, An American Piece For A European Orchestra

NABUCCO, AN AMERICAN PIECE FOR A EUROPEAN ORCHESTRA

RIA Novosti
22:1124/06/2009

MOSCOW. (Alexander Knyazev, director of the regional branch of the
Institute of the CIS, for RIA Novosti) – The European Union and Turkey
plan to sign an intergovernmental agreement on the Nabucco natural
gas pipeline project on June 25 in Ankara.

Why such a romantic name?

"Nabucco" is an opera by Giuseppe Verdi based on a biblical story about
the plight of the Jews as they are assaulted and subsequently exiled
from their homeland by the Babylonian King Nabucco (Nebuchadnezzar). It
is also an enchanting story of love and struggle for power.

The latter element of the story is probably the only thing in
common between the opera and the gas pipeline project initiated
by U.S. President George W. Bush and based on some European and
post-Soviet countries’ non-love of Russia, as well as the global
battle for elbowing Russia out of the Eurasian gas market.

Since Nabucco is mostly a political product, Turkey’s efforts to use
its transit location to its best advantage are perfectly logical from
the viewpoint of its national interests.

Turkey will host a major portion of the 2,050-mile pipeline, which
is to bring gas supplies from Central Asia and the Middle East to
Europe without using Russian resources or territory.

A consortium of six countries – Austria, Hungary, Romania, Bulgaria,
Turkey and Germ any – was set up to build the pipeline to Central
Europe via Turkey and the Balkans. The shareholders will finance
one-third of expenditure, with the remaining part to be covered by
international financial and credit organizations.

The more than 3,300-km pipeline has been estimated at 7.9 billion
euros ($10.7 billion) and will have an annual throughput capacity of
31 billion cubic meters. It is to be completed by 2013.

However, technical calculations show that it cannot be commissioned
sooner than in 2015; and that given the high and stable energy
prices. The project is burdened with political risks and will run
across a difficult geographical terrain.

Europe, in truth, is encumbered by problems with energy delivery
routes.

A small Polish oil pipeline running from Odessa to Gdansk via Brody in
Ukraine has long been incapacitated by Chevron’s inability to supply
oil from the Tengiz deposit in Kazakhstan.

Poland, which has been trying to break its dependence on Russian energy
supplies, should now heave a sigh of relief, since supplies via Belarus
are likely to shrink. The same goes for Lithuania whose oil refinery,
Mazeikiu Nafta, that used Russian oil, has been idling since last year.

If this is the energy freedom they wanted, then the two countries are
paying an excessively high price for it. Europe’s efforts to solve
its energy problems without Russia by importing energy resources from
Central=2 0Asia are counterproductive – this is a fact. And the same
is true of the Nabucco project.

On the contrary, Russia’s South Stream project will have the
guaranteed amount of natural gas, and its capacity can be subsequently
increased. A recent agreement between Russia’s Gazprom and Italy’s Eni
stipulates increasing it to 63 billion cubic meters annually. Besides,
Nabucco is unlikely to be competitive compared to Gazprom’s project
in terms of prices.

The Russian gas export monopoly plans to pay for the South Stream
construction and gas distribution and to sell gas to end users in
Europe at attractive prices.

Gas for Nabucco is expected to come from Turkmenistan and possibly
Iran.

However, Russia has an agreement with Turkmenistan under which it buys
all of its export gas, and Russia and Iran may veto the construction
of any pipeline along the bottom of the Caspian Sea.

This means that Nabucco can receive gas only from Azerbaijan’s Shah
Deniz deposit, but the probability of this is undermined by tensions
between Turkey and Azerbaijan over the recent thaw in Turkish-Armenian
relations.

In other words, Nabucco will have no reliable sources of natural gas
in the near future.

A pipeline partnership is unimaginable without stability and
reliability, something the U.S. administration cannot ensure even to
its taxpayers. And so, what does the U.S. administration have to do

with the Nabucco project?

Unlike the most naïve part of the European establishment, the East
European and other "democratic" media describe Nabucco not as a
European economic or energy project, but as an American political
venture.

The chaotic chanting in support of the Nabucco project reminds me
of the "Va, pensiero" chorus of Hebrew slaves from Verdi’s opera –
beautiful yet altogether gloomy and hopeless.

The opinions expressed in this article are the author’s and do not
necessarily represent those of RIA Novosti.

IMF: Armenia’s State Debt’s Unit Weight To GDP May Reach 46 Per Cent

IMF: ARMENIA’S STATE DEBT’S UNIT WEIGHT TO GDP MAY REACH 46 PER CENT BY 2011

/PanARMENIAN.Net/
24.06.2009 19:37 GMT+04:00

/PanARMENIAN.Net/ Armenia’s state debt’s unit weight to GDP may reach
46 per cent by 2011, Ninke Omes, IMF permanent representative to
Armenia told a news conference today. According to IMF estimations,
that showing would not surpass the ultimate level remaining less than
50 percent, Ninke Omes said.

According to her, that showing is equal to 18 per cent in 2009 and
will grow to 30 per cent in 2010. "Armenia has revealed itself as a
conscientious payer, and I am sure Armenia can pay off its debts,
particularly because the government of Armenia implements a right
anti-crisis policy," she said.

The International Monetary Fund’s executive board Monday approved
increasing the loan to Armenia to $822.7 million (SDR 533.6 million) to
help the country meet increasing external financing needs. The 28-month
standby facility was expanded from the $540 million agreement Armenia
obtained in March to cope with the global economic crisis. The board
also approved the immediate disbursement of $158 million (SDR 102.7
million), bringing the total amount released to about $400 million.

The Board also granted a waiver of performance criteria on net banking
system credit to the government and the program’s fiscal balance. As
part of the revised program, Armenian policy makers agreed to ease
monetary and fiscal policy to help spur demand. Additional financial
assistance from IMF will help cover Armenia’s growing financing needs.

The program envisages an easing of monetary and fiscal policy to
mitigate the severity of the crisis, while laying the ground for
future fiscal consolidation primarily through one-off investment
expenditures and measures to strengthen tax policy and administration.