Higher inflation, lower economic growth in 2009

Grant Thornton International’s Armenian member on Wednesday presented to the media in Yerevan the results of the organization’s International Business Report (IBR) for 2008, which reviews 34 economies of the world, including Armenia, with insight into the views of more than 7,800 privately held businesses across the countries in question. While the report predicts a Gross Domestic Product (GDP) growth in Armenia at about 10 percent this year mainly due to a continued impressive performance…

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Bullying in Azerbaijani army

A while ago Azerbaijani President Ilham Aliyev announced, that the Azerbaijani military budget will reach two billion dollars in 2008. That’s not quite as much as the whole of Armenia’s budget for the next year, but is very close, and certainly, is two-three times more than what Armenia can spend on its military. However, given widespread corruption and ‘dedovshchina’ (bullying) in the Azerbaijani military, it is yet to be seen if the huge military budget…

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Déjà vu: "Moscow" Cinema refused to screen Tigran PASKEVICHIAN's documentary

The premiere of “Expropriation” documentary scheduled for October 10 will not take place in “Moscow” cinema in Yerevan, by the decision of the cinema management. According to the author of the film, journalist and publicist Tigran Paskevichian, in the morning of October 7, the cinema management asked for a copy of the film for watching and announced in the evening that they will not show it, because the film is “political”. Tigran Paskevichian thinks that…

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