Tigran Davtian: Recession Will Ease In Armenia In Late 2009

TIGRAN DAVTIAN: RECESSION WILL EASE IN ARMENIA IN LATE 2009

Noyan Tapan
Aug 28, 2009

YEREVAN, AUGUST 28, NOYAN TAPAN. In the opinion of the RA Minister of
Finance Tigran Davtian, the RA National Statistical Service’s data,
according to which a recession of 18.5% was recorded in Armenia in
the first seven months of 2009, was quite predictable. "We forecast
that this index will start improving in September and October and
the recession will ease in late 2009," T. Davtian told reporters on
August 28.

In his words, some stabilization tendencies were observed in the
economy and the above mentioned index will improve. "There are
forecasts that it may fluctuate between 10 and 15 percent. Besides,
we forecast that next year the economy will start recovering gradually
and there may be an economic growth of 1-1.5% in 2010".

The minister informed those present that 38.6 billion drams (about
102.6 million USD) of the Russian loan has already been invested
in the Armenian economy. According to him, on June 12, 2009, Russia
transferred 500 million USD of the stabilization loan to the account of
the Central Bank of Armenia, with the loan being provided at a LIBOR +
3% interest rate for supporting the country’s economy in conditions
of the crisis.

He said that the Armenian government has decided to allocate a
considerable part of the loan to real economy.

"A decision was made to allocate 120 billion drams (about 319.1 million
USD) of this sum for the promotion and development of the economy,
while 38.6 billion drams has already been invested in economy,"
he explained.

"Turkey Should Take Up Serious Steps"

"TURKEY SHOULD TAKE UP SERIOUS STEPS"

Aysor
Aug 28 2009
Armenia

"One thing can be said surely, this court decision is delaying
the Genocide recognition process, as well as is not promoting the
prevention of the future genocides", – said Arpi Vardanyan the director
of Armenia and Nagorno Karabakh offices of the Armenian Assembly of
America about the decision of the USA Californian appeal court.

According to A. Vardanyan it is too early to say, what kind of
consequences such kind of decision can bring.

At the same time A. Vardanyan mentioned that it can have a harmful
influence both on the acceptation of the Article concerning the
Armenian Genocide in USA Congress, and on the recognition of the fact
of US states Genocide.

Speaking about the issue of opening the boarder with Turkey partially
the director of Armenia and Nagorno Karabakh offices of the Armenian
Assembly of America said that "their position is not changed about
the issue and they think that the boarder should be opened."

"In the 21th century there should not be closed boarders, but Turkey
should take up serious steps. The opening of the boarder shouldn’t
be connected with any other problem such as the Armenian Genocide or
Artsakh conflict", – noticed A. Vardanyan summing up his speech.

Azerbaijan Stands Up For Ergenekon

AZERBAIJAN STANDS UP FOR ERGENEKON

Information-Analytic Agency NEWS.am
Aug 28 2009
Armenia

A number of Azerbaijani parliamentarians have made a request to
Turkish President Abdullah Gul and Premier Recep Erdogan for the
release of the well-known surgeon Mehmet Haberal, Rector of BaÅ~_kent
University (Turkish: BaÅ~_kent Universitesi) and owner of Kanal B,
who is one of the arrestees in the Ergenekon case. The Turkey-based
nethaber.com website reports that the parliamentarians handed their
request to the Turkish Premier during his visit to Baku. "We ask you
to do all in your power for Mr. Mehmet Haberal to be released," says
the letter. The vesti.az website names the Azeri parliamentarians
that submitted the request: Panakh Gusein, Arzu Samedbeili, Rafik
Mamedgasanov, Ikram Israfil, and Nasib Nasibly.

Panakh Gusein confirmed the information. He pointed out that the
request was submitted on Arzu Samedbeili’s initiative. In his turn,
Samedbeili said that the parliamentarians regarded such a request as
necessary, considering Professor Haberal’s services to Azerbaijan.

According to the information at our disposal, the Ergenekon movement
has formed a wide network in Azerbaijan. According to some information,
the radical movement receives support from Israel, which is thereby
influencing the political situation in Turkey. This fact was not
the last to make for a cooldown in the Turkish-Israeli relations —
which developed in a scandal in Davos — as well as for Israel’s
establishing closer relations with Azerbaijan against the attempts of
the ruling Turkish Justice and Development Party to improve relations
with Armenia.

"Get To Know Artsakh" Exhibit; September 2-4 In Yerevan

"GET TO KNOW ARTSAKH" EXHIBIT; SEPTEMBER 2-4 IN YEREVAN

s ociety culture
2009/08/26 | 14:40

On September 2 -4, an exhibition entitled "Get to Know Armenia and
Artsakh" will take place at Lovers’ Park in Yerevan from 4-9 pm
each day.

The photo exhibition will mark Artsakh Independence Day and will allow
Yerevan residents to familiarize themselves with sites of interest
and cultural monuments in Karabakh.

Organized by the "Youth Leadership School", that has launched exhibits
in the past devoted solely to Armenia, this year’s event aims to
close the gap between young people in Artsakh and Yerevan and to lay
a foundation for joint cultural and educational projects between the
two in the future.

Another aim is to encourage young people from Yerevan and environs to
visit Artsakh and acquaint themselves with the country and its people.

http://hetq.am/en/society/exhibition-3/

HSBC Bank Armenia Intends To Resume Mortgage Crediting In October 20

HSBC BANK ARMENIA INTENDS TO RESUME MORTGAGE CREDITING IN OCTOBER 2009

ArmInfo
2009-08-25 20:28:00

ArmInfo. HSBC Bank Armenia intends to resume mortgage crediting in
October 2009, Chief Executive Officer of HSBC Bank Armenia Tim Slater
told ArmInfo correspondent.

He said that the bank took this decision taking into account the
demand. For instance, last week the bank approved 3 applications for
mortgage loans.

Though the interest in mortgage loans in the market is still low,
but the bank hopes that the refinancing opportunities offered by the
national Mortgage Company will lead to activation.

To note, as a consequence of the global financial and economic crisis,
in early 2009 the commercial banks of Armenia practically stopped
issuing loans for purchase of property. Mortgage loans were mostly
provided within the frames of the German KfW Bank-funded mortgage
program (with AMD financing), the participants in which are 8
commercial banks and 2 universal credit companies.

Reaction Of Karabakh Did Not Cause Instability

REACTION OF KARABAKH DID NOT CAUSE INSTABILITY
Naira Hairumyan

olitics&pid=14979
19:33:16 – 24/08/2009

The pro-government activists urge to come together to tackle
national issues, namely the Karabakh settlement. Opinions that lack
of unity regarding these issues weaken the country are voiced every
day. However, nobody explains what for they should come together.

Apparently, the ruling parties do not know. The pro-government
activists first describe the principles of Madrid as a breakthrough,
then they confess through the vice foreign minister Shavarsh Kocharyan
that they mean concessions on behalf of Armenia. The opposition
activists do not know what to say; they argue that these principles are
unacceptable but only the principle on compromise enables settlement.

And around what do they propose coming together? Shall we come together
to concede Karabakh? Or shall we think together how to keep it?

The idea of unity which is considered as a guarantee of stability and
national security is taken rather seriously by the society. In fact,
people do not want instability, and those people benefit who are not
interested in internal change. However, the experience of the past few
months shows that the backlash of Karabakh and separate figures to the
principles of Madrid did not cause instability and was understood both
in Armenia and the Diaspora. At least, nobody has accused Karabakh of
dividing the Armenians of Karabakh and reproached it for protecting
its interests. Moreover, the distinct stance of Karabakh has brought
about a healthy public debate. It is possible that the interview in
which Shavarsh Kocharyan rejects the principles of Madrid maybe the
result of it.

After all, nobody denies that unity is crucial to national issues
but why should unity be crucial to issues that contradict to national
issues? Let us work out genuine national principles and come together
around them.

http://www.lragir.am/src/index.php?id=p

South Caucasus – Competition Field For Moscow And Ankara

SOUTH CAUCASUS – COMPETITION FIELD FOR MOSCOW AND ANKARA

/PanARMENIAN.Net/
24.08.2009 18:59 GMT+04:00

/PanARMENIAN.Net/ South Caucasus remains a competition field for Moscow
and Ankara, RA NAS Oriental Studies Institute Director, Turkish studies
specialist Ruben Safrsastyan told a news conference in Yerevan. "Over
the recent years, serious progress has been observed in Russian-Turkish
relations. Apart from gas contracts, Russian company won a bid for
constructing a nuclear power plant in Turkey, Moscow’s current policy
cardinally differs from the policy conducted in the 1990s," expert
noted. Nevertheless, he doesn’t think Russia will ever make any step
posing a threat to its bases deployed in Armenia. "Armenia’s stability
is important for Moscow. Besides. Russia attaches more significance
geopolitical economic vs. economic interests," Professor noted.

HSBC Bank Armenia Initiates Collection Of Funds For Repair Of Cilici

HSBC BANK ARMENIA INITIATES COLLECTION OF FUNDS FOR REPAIR OF CILICIA SAILING BOAT

ArmInfo
2009-08-24 18:42:00

ArmInfo. HSBC Bank Armenia has initiated collection of funds under
slogan "Let’s Save Cilicia Sailing Boat", says HSBC Bank Armenia CEO
Tim Salter. He hopes the fellows and the clients of HSBC Bank Armenia
will make their contribution to repairing the boat. He mentioned that
Cilicia Sailing Boat had been in open air for several years and now
needs repair. Cilicia Boat is an important component of the Armenian
history, he says highlighting that contributions for saving the boat
can be made at any of the 7 branches of HSBC Bank Armenia.

For his part, Hayas Naval Research Club President Karen Balayan said
that that Cilicia Sailing Boat is part of the Armenian history "we
must remember and preserve."

In 2004 Hayas Naval Research Club built Cilicia Sailing Boat within 15
years basing on restored drafts and descriptions of the 13th century
trading boats of Armenian merchants of the Armenian Kingdom of Cilicia
(Middle Age). Cilicia set sail on its historic voyage on July 14,
2004 from Poti, Georgia.

Questioned by the police after voting in the Eurovision Song Contest

EuroVisionary
Aug 23 2009

Questioned by the police after voting in the Eurovision Song Contest

Posted 23 August, 2009 – 17:49 by Charlotte Jensen

Neighbour points doesn’t exist between Azerbaijan and Armenia ` the
political fight between the two countries have resulted in Azerbaijani
police questioning people who voted for Armenia in the 2009 Eurovision
Song Contest. They are being classified as a potential security
threat.

BBC reports that 43 people in Azerbaijan voted for the Armenian song
Jan Jan performed by Inga and Anush at this year’s Eurovision Song
Contest held in Moscow, Russia. Those people are now being questioned
by the police who accuse them of being `unpatriotic and a potential
security threat’. Azerbaijani authorities confirm the questions, but
explain it as `People are being invited to explain why they voted for
Armenia’.

For EBU, the European Broadcasting Union, this is another step back in
their attempt to keep the Eurovision Song Contest free of
politics. Svante Stockselius, executive supervisor of the Contest,
haven’t had an easy year with Georgia being disqualified for a song
mugging the Russian president, Ukraine complaining that they were
forced by EBU to announce too high points to Russia, Azerbaijani TV
not showing the voting number for Armenia ` and now this. Svante
Stockselius does not want to comment on the police interrogations, but
says that they are investigating the situation.

The tensions between the two countries go 15 years back to the war
over the region Nagorno ` Karabakh. Despite an agreement less than a
year ago about working to find a political solution to the territory
fight civil right campaigners accuse the Azerbaijani government of
provoking Armenia into an increased fight. They also add that `freedom
of expression is increasingly suppressed in Azerbaijan under the
presidency of Ilham Aliyev’.

http://www.eurovisionary.com/node/2901

Tehran – Turkey and Russia: Old rivals, new partners

Tehran Times

August 22, 2009

Turkey and Russia: Old rivals, new partners

ANKARA (The Economist) — Through the long Ottoman era, Turks and
Russians fought many bloody wars. In modern times Turkey guarded
NATO’s southern flank against Soviet mischief. `The Russians are
treacherous’ is a popular Turkish adage. But one would hardly have
guessed it as the two countries’ prime ministers, Vladimir Putin and
Recep Tayyip Erdogan, splashily signed a raft of agreements in a
ceremony in Ankara on August 6th.

`Treacherous’ was in fact the word some applied to the deal with
Russia’s Gazprom to use Turkish territorial waters in the Black Sea
for a gas pipeline to Europe. The planned South Stream pipeline will
bypass Ukraine, through which 80% of Russia’s gas exports to Europe
now flow. Russia has repeatedly turned off the taps in disputes with
Ukraine, leaving millions of Europeans in the cold. To reduce
dependence on Russia, the European Union has long promoted a pipeline
to the Caspian, Nabucco, which Turkey also signed up for in July. So
whose side is it on?
The answer is simple: Turkey’s. Sitting at the crossroads of the
energy-rich Middle East and the former Soviet Union, Turkey has unique
leverage as a transit hub for gas. And it is unabashedly using the
energy card to promote its membership of the EU. This requires
co-operation with Russia. In exchange for backing South Stream, Turkey
won Russian support for an oil pipeline from the Black Sea port of
Samsun to the Ceyhan terminal on the Mediterranean. It is also said to
have cajoled Russia into lowering the price for a nuclear-power
station. Nabucco and South Stream are not rivals, they are
complementary, insists Turkey’s foreign minister, Ahmet Davutoglu.
The same might be said of Turkey and Russia themselves. With the end
of the cold war their interests sometimes coincide. Both backed the
war in Afghanistan but were viscerally opposed to America’s invasion
of Iraq. Turkey’s image as America’s poodle was erased in March 2003
when its parliament refused to let American troops cross Turkish soil
to open a second front against Saddam Hussein.
A bigger test of Turkey’s stance came in the Russia-Georgia war of
August 2008. Turkey carefully implemented the Montreux Convention,
which governs traffic through the Bosporus, so only a handful of
American warships could enter the Black Sea. Neither Turkey nor Russia
wants the Americans meddling in their back pond.
What do the Americans think? Ian Lesser, an analyst at the German
Marshall Fund in Washington, argues that for now they are not
fussed. `The (Obama) administration is far more sensitive to what
Turkey does with Iran.’ Turkey’s overtures to Russia are seen in the
context of a new foreign policy that involves engaging with all its
neighbors. Europe can hardly cast stones either, as it remains divided
over Russia. Italy’s prime minister, Silvio Berlusconi, was present in
Ankara because ENI, an Italian energy company, is involved in the
South Stream deal.
Russia is Turkey’s biggest single trading partner and provides 68% of
its gas. Turkish construction firms are active all over
Russia. Millions of Russian tourists flock to Turkish resorts every
year. Antalya, on the Mediterranean, is home to some 15,000 Russians,
many of them women married to Turkish men. They have their own
Russian-language newspaper and now want an Orthodox church. `Russian
women educated Turkish men in love,’ says Ali Ozgenturk, who made
`Balalayka’, a film about Russian prostitutes in Turkey.
Mr. Putin and Mr. Erdogan get on well. Both are macho, sporty and
prone to authoritarian instincts. Turkey is also one of the few
countries with which today’s Russia feels comfortable, a pole in its
preferred multipolar system, in which big countries pursue independent
policies. Turkey even appears to have colluded with the Russian
patriarch, Kirill, to limit the powers of the Greek Orthodox patriarch
in Istanbul, Bartholomew I, usually seen as first among equals in the
Orthodox hierarchy.
Yet mutual suspicions linger. Russia is unhappy with Turkey’s
indulgence of Chechens. Russia has shut schools run by the Muslim
fraternity of a Turkish imam, Fethullah Gulen.
For Turkey, Russia’s refusal to label Kurdish rebels of the Kurdistan
Workers’ Party (PKK) as `terrorists’ is a sore point. It is also wary
of Russia’s show of wanting to help Armenia and Azerbaijan make peace
over Nagorno-Karabakh. Turkish officials say Russia wants to repair
the damage to its image caused by its battering of Georgia. More
likely, it wants to stop Turkey making peace with Armenia. Many
believe that Russian scheming emboldened Azerbaijan to press Turkey
into ditching plans to re-establish ties and reopen its border with
Armenia. This is now patrolled by Russian soldiers, just as in the
cold war.