Foreign Exchange Rates Plunge Again

Last week saw another fall in foreign currency exchange rates. Exchange rates have been falling steadily for several years now, however this latest incident was extremely severe. The dollar alone fell from 315 drams it traded for on Wednesday to 285 on Saturday evening, a fall of around 10% of it’s price. Amid the uncertainty, banks and exchanges around the city continue to trade with a discrepancy of 10 drams or more between the selling…

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Corruption in World Bank projects in Armenia Finally Make News Agenda

The World bank scandal became one of those, so far rare cases, when an important news item is consistently filtered out of the news agenda by traditional media, and only continuous blogging efforts persist in exposing it until the item finally becomes center of attention. As Onnik Krikoryan reports, although media in Armenia refused to cover the World Bank corruption scandal in Armenia several months ago, continuous efforts by British whistleblower Bruce Tasker on his…

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Telethon Collects $15 Million 275 Thousand

Telethon 2007 is over, with very satisfactory results – this is such a great, unifying initiative, that it is hard to see any other example, when the Armenian Diaspora collectively supports the development of our common fatherland – Armenia. The Telethon was also well represented on the Internet: the Armenian version of the Hayastan All-Armenian Fund was quite up to date in all three language versions: Armenian, English and French. Although logically, as we have,…

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Artur Baghdasaryan Endorses LTP's Anti-Fraud Measures and That's It

“Orinats Yerkir, which is one of only two opposition groups represented in parliament, [] endorsed two anti-fraud amendments to Armenia’s Election Code that were put forward by Ter-Petrosian at a rally on Friday. Baghdasarian’s party said the proposed changes will be incorporated into its own package of election-related amendments which will be submitted to the National Assembly soon.” RFE/RL reports. However, in a statement issued on Thursday, the “Rule of Law”(Orinats Yerkir) party, which is…

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Vazgen Manukyan: "Levon Ter-Petrossian is indebted to our people"

This video of Vazgen Manukyan, which Uzogh has kindly posted on his blog, brings the criticisms of Vazgen Manukyan, the chairman of the National Democratic Union, and is “the first bell of warning for Levon’s Witnesses*” according to the blogger. E-channel further reports: The NDU chairman will not have a positive response to Levon Ter-Petrossian’s statement on November 16, urging “to join the national movement against Kocharyanaserzh state of robbers.” As told by Liberty radio…

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U.S. Backs Plans For New Armenian Nuclear Plant

While neighboring Iran suffers to prove its right to Nuclear power, Russia, and now also USA not only support the idea of building a new reactor for the Armenian power plant, but also compete with each other on providing grants and assistance for the project. Is this one of the cases when “complimentarism” in Armenia’s foreign policy is actually working? RFE/RL has this to say: In the most explicit endorsement yet of Armenia’s plans to…

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"Heritage" Spamming Its Way Into Presidential Elections

As it has been noted earlier on several occasions on this blog, the leader of the opposition Heritage party, Former Foreign Minister of Armenia Raffi Hovhannisyan, has been applying for Armenian citizenship since 1991, however, it was only granted to him in 2001 by President Robert Kocharyan. According to Article 50 of the Armenian Constitution, in order to be eligible to run for president the candidates must be older then thirty five, and must have…

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Serge Sargsyan Responds to Levon Ter-Petrossian

Prime-Minister Serge Sargsyan responded to some of the points made by Levon Ter-Petrossian during the opposition rally on November 16, 2007. Speaking of the 3 year time period, Levon Ter-Petrossian said he needed to put things in normal and then resign from politics, Serge Sargsyan remarked: “Perhaps he thinks, that 3 years are enough to surrender Karabakh. For me the thoughts pronounced in his speech were very strange, but then, it is up to each…

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Ter-Petrosyan’s second meeting takes place

Last Friday saw the opposition’s meeting take place as scheduled. This has so far been Levon Ter-Petrosyan’s second meeting after his return to active politics. So far the only claimed number of people attending has been Haykakan Zhamanak’s 80 – 85 thousand. This however is most probably grossly overestimated. The paper, actively supporting Mr. Ter-Petrosyan and his team, had cited 30-35 thousand as the number of people attending the first meeting, however eyewitnesses suggest that…

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Sirusho Chosen for Eurovision 2008!

The Armenia blog is apolitical as ever – thus giving me a pleasant break from reading all the various accounts of the LTP rally. Noting, that Armenian pop singer Sirusho is going to represent Armenia during Eurovision-2008 international song contest, which will take place in Serbian Belgrade next year, Rhyne remarks: Let’s hope the public is able to pick a song that doesn’t automatically guarantee failure, like last year’s. Unfortunately, it is not yet known…

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