Government discusses option of banks accepting farming lands as pledge for loan

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 12:36,

YEREVAN, MAY 23, ARMENPRESS. The Government of Armenia is seeking mechanisms which would enable banks to accept farmers’ lands as pledge for providing loans, PM Nikol Pashinyan told residents of the Verin Dvin community during a tour. He talked with the farmers about their businesses, some of whom are experiencing financial issues amid the coronavirus situation.

He said there are preliminary discussions over the matter, but the issue is not simple.

Editing and Translating by Stepan Kocharyan

Pashinyan keeps money from sale of his car in bank in drams as a deposit

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 13:30,

YEREVAN, MAY 16, ARMENPRESS. Armenian Prime Minister Nikol Pashinyan keeps the money from the sale of his car in bank in drams as a deposit, the PM said at a press conference today.

“In the past two years a decline in dollarization level is noticed in the banking system. The dollarization level of loans provided by commercial banks in 2019 comprised 53% compared to the 59.5% of 2018. The dollarization level of deposits in 2019 comprised 59.3% compared to the 60% of the previous year. This means that our compatriots more and more trust the dram and prefer to keep their deposits in drams, and also take loans in drams. I also do the same. For instance, I recently sold my Hyundai and keep the money from it in the bank in drams as a deposit”, Pashinyan said.

He added that the share of overdue loans in the loans provided by Armenia’s commercial banks in 2019 declined and comprised a record low level in December – 0,85%. In 2018 this figure was 1%. In March 2020, the loans provided to the legal persons and individuals increased by 20.3% compared to the same period of 2019. “This figure shows that the Armenian citizens more than ever before not only take loans, but also are capable of serving these loans properly, which means that they had proper incomes”, Pashinyan said.

Reporting by Anna Grigoryan; Editing and Translating by Aneta Harutyunyan

Asbarez: Sebouh Aslanian Appointed Director of UCLA’s Armenian Studies Center

May 8, 2020

Professor Sebouh Aslanian

Professor Sebouh Aslanian was appointed the inaugural director of UCLA’s Armenian Studies Centers, which is housed within the UCLA Promise Armenian Institute.

The announcement was made Thursday by Prof. Cindy Fan, UCLA’s Vice Provost for International Studies & Global Engagement in a message to colleagues.

As the holder of the Richard Hovannisian Chair in Modern Armenian history, Professor Aslanian manages the academic activities of his chair and teaches courses in the department of history on such topics as the three-part “Armenia and Armenians in World History,” graduate seminars such as “Port Cities and Printers: An Introduction to Early Modern World and Armenian History,” and the survey class “The Middle East, 1100-1700: From the Crusades and Mamluks to the Age of the Gunpowder Empires.”

The Armenian Studies Center is housed within The Promise Armenian Institute (PAI), and Professor Aslanian will work closely with PAI inaugural director Professor Ann Karagozian.  PAI is a groundbreaking new entity within the UCLA International Institute.  Made possible with a $20 million gift from the estate of Kirk Kerkorian, the largest gift that the International Institute has received, The Promise Armenian Institute positions UCLA to build significantly upon its more than 50 years of history of Armenian Studies.

This new institute is the hub for world-class research and teaching on Armenian Studies including the Armenian Studies Center, and for coordinating new and ongoing research and public impact programs across UCLA, from social sciences to health sciences, from humanities to music, the arts, to engineering, and from public policy to management. The Promise Armenian Institute’s size, scope, and interdisciplinary approach make it the first of its kind in the world.

Professor Aslanian is author of the award-winning book From the Indian Ocean to the Mediterranean: The Global Trade Networks of Armenian Merchants from New Julfa (University of California Press, 2011) as well as numerous scholarly articles on Armenian History and Armenian Studies.  His recent articles include “‘Many have come here and have deceived us’: Some Notes on Asateur Vardapet (1644-1728), An Itinerant Armenian Monk in Europe,” Handes Amsorya, Zeitschrift Fur Armenische Philologie (2019); “Une vie sur plusieurs continents Microhistoire globale d’un agent arménien de la Compagnie des Indes orientales, 1666-1688,” Annales: Histoire, Sciences Sociales (2018); “From ‘Autonomous’ to ‘Interactive’ Histories: World History’s Challenge to Armenian Studies,” An Armenian Mediterranean, Words and Worlds in Motion (2018); and “The Great Schism of 1773: Venice and the Founding of the Armenian Community of Trieste,” Reflections of Armenian Identity in History and Historiography (2018).  He is currently working on two book projects.  The first is a history of early modern global Armenian print culture and is provisionally titled Early Modernity and Mobility: Port Cities and Printers Across the Armenian Diaspora, 1512-1800. Under contract with Yale University Press, the book rethinks in novel and insightful ways both the role of mobility in the early modern period in global history and the rise and development in that history of Gutenberg print culture across the early modern diasporic Armenian communities in the port cities of the Mediterranean, Atlantic, and Indian Ocean world.  The second book project is provisionally titled Signed, Sealed, and Undelivered: The Voyage of the Santa Catharina and a Global Microhistory of the Indian Ocean, c. 1738-1756.”  A narrative microhistory of trade and politics in the early modern Indian Ocean, the book relies on 2,000 pieces of mercantile and family correspondence, commercial contracts, and other papers stored on an Armenian-freighted ship, the Santa Catharina and seized by the British navy in 1748. The book unpacks these letters, now stored at the High Court of Admiralty, and probes them to understand economic, cultural, and political histories of Indian Ocean arena and emerging commercial and contractual isomorphism in the age of Empire.

Noubar Afeyan’s Moderna given green light for Phase 2 study of potential coronavirus vaccine

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 11:04, 8 May, 2020

YEREVAN, MAY 8, ARMENPRESS. The U.S. Food and Drug Administration (FDA) completed its review of Noubar Afeyan’s biotech firm Moderna’s Investigational New Drug (IND) application for its novel coronavirus (SARS-CoV-2 or COVID-19) vaccine candidate (mRNA-1273) allowing it to proceed to Phase 2 study, expected to begin shortly, the company said in a news release.

The Phase 3 study of mRNA-1273 is expected to begin in early summer of 2020.

The company is also preparing for a Phase 3 trial in the summer, and hopes to have the final vaccine approved “as soon as 2021.”

More than a dozen companies are involved in a global race to develop a coronavirus vaccine.

Editing and Translating by Stepan Kocharyan

Coronavirus cases in Russia grow by 10,699 in one day

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 11:58, 8 May, 2020

YEREVAN, MAY 8, ARMENPRESS. Russia has confirmed 10,699 new COVID-19 cases over the past day, taking the total case tally to 187,859 in all regions, TASS reports citing the anti-coronavirus crisis center.

Some 26,608 people have recovered and 1,723 patients have died of the coronavirus.

According to the crisis center, the daily growth rate stood at 6%, becoming the lowest figure since the outbreak of the virus. The number of recoveries per day has risen by 11.8%.

A total of 5,232 new patients (48.9%) have not shown any symptoms of the disease.

Media Advocate: Large-scale campaign against Armenian TV company

News.am, Armenia
April 27 2020

18:21, 27.04.2020
                  

Media Advocate initiative expresses its concern following the Social Network discussions over the 5th channel.

The statement runs as follows:

Some SM users demand that the TV station suspends its activity. According to the monitoring results, the public-political representatives claim that the campaign against the TV company is controlled by the authorities.

“Media Advocate” initiative considers such a manifestation of hate speech unacceptable. In fact, dissent and criticism of the government are condemned, the right to speech, thought and free will are simply violated. With such manifestations, the society does not contribute to the formation of a free society, it opposes journalistic work instead.

The media outlets are free to express their will, and the work of a journalist may contain criticism of the government, but it should not be a reason to launch a large-scale campaign against the TV company.

By the way, today the Human Rights Defender Arman Tatoyan expressed concern over the hate speech manifestation. He also referred to the action of targeting the journalists, noting: “Journalists are often identified with the person who they interview and actually are being targeted because of that. There are certain stereotypes about the work of a journalist, for example, that a journalist hinders the work of any body. It’s just a stereotype, one should adopt a principle of working properly with a journalist, based on the assumption that a journalist contributes to the work.”

In fact, the Human Rights Defender also expresses his concern over the situation and the initiated campaign against freedom of speech.

Armenpress: Deputy PM Avinyan offers congratulation on Labor Day

Deputy PM Avinyan offers congratulation on Labor Day

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 15:44, 1 May, 2020

YEREVAN, MAY 1, ARMENPRESS. Deputy Prime Minister of Armenia, State of Emergency Commandant, Tigran Avinyan addressed a congratulatory message on the Labor Day.

The message says:

“Dear compatriots,

Work is one of the driving forces of civilization. Person is self-exercised, creates a value thanks to work, at the same time ensuring his welfare and that of his family. Work is also the base of public welfare.

I am confident that Armenia will manage to make a bold step and transition from the developing countries to the list of developed states through organized, effective and smart work. In order to implement this ambitious agenda the constant development of the human capital – the knowledge, capacities and skills of women and men, is very vital. Therefore, the progress of education and science must be our priority.

It’s also important that the rights of workers must be protected and we must have a work-entertainment harmony. Despite the major achievements in this matter we still need to pass a long path to achieve the desired. We will succeed in this only through employee-employer-public administration close cooperation and dialogue.

I congratulate all of us on the International Day of Labor and Workers. I am sure that we will build strong and successful Armenia through joint work”.

 

 

Editing and Translating by Aneta Harutyunyan

Tel Aviv: MK Lapid: ‘Grant official recognition of Armenian genocide’

Israel National News Arutz Sheva
 
 
MK Lapid: 'Grant official recognition of Armenian genocide'
 
 
MK Yair Lapid (Yesh Atid) has called for the Armenian genocide to be accorded official recognition.
 
Writing on Twitter, he noted, "Today, we mark Armenian Genocide Remembrance Day. As on previous years, we have introduced a draft proposal that the country officially recognize the Armenian genocide. This is our moral obligation as Jewish state."

Coronavirus patient in Armenia gives birth

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 10:52, 17 April, 2020

YEREVAN, APRIL 17, ARMENPRESS. A woman infected with coronavirus has given birth to a healthy baby in Armenia, Healthcare Minister Arsen Torosyan said on social media.

The baby will be tested for the coronavirus today, he said. Torosyan said the mother and her child are feeling well.

Moreover, the woman was tested again for the coronavirus after giving birth, and the result was negative.

Anyhow, the mother and her baby will be under medical supervision for two weeks.

Reporting and writing by Norayr Shoghikyan

Edited and translated by Stepan Kocharyan