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USD market average rate totals AMD 367.53 March 4

USD market average rate totals AMD 367.53 March 4

March 4, 2011 - 17:00 AMT   GMT
Deals amounting to USD 1.1mln at an average price of AMD 367.59 /USD1 were concluded at NASDAQ OMX Armenia on March 4.

Rocket carrying NASA newest climate satellite fails to reach orbit

March 4, 2011 - 16:56 AMT   GMT
NASA declared a contingency situation after the failed launch to try and understand what went wrong.

Baku sets “limit” on Karabakh peace talks

March 4, 2011 - 16:49 AMT   GMT
After this limit expires, Azerbaijan believes itself to have a right to consider “alternative plans”.

Armenia, Czech Republic satisfied with development of relations in 2010

March 4, 2011 - 16:43 AMT   GMT
Armenian and Czech Foreign Ministers exchanged views on Armenia-EU Association agreement, preparatory activities for creation of free trade zone and visa regime facilitation.
Egypt's new PM designate vows to meet protester’s demands

Egypt's new PM designate vows to meet protester’s demands

March 4, 2011 - 16:39 AMT   GMT
Essam Sharaf was picked by Egypt's ruling military on March 3 to replace Ahmed Shafiq as Prime Minister.

Several injured in clashes between Sunnis and Shi'ites in Bahrain

March 4, 2011 - 16:28 AMT   GMT
The overnight clashes were triggered by a family dispute or a car accident, or both, according to different accounts, although the government said the cause of the dispute was "simple."
BlueOrchard Finance S.A. to allocate $5mln to Inecobank to finance small enterprises

BlueOrchard Finance S.A. to allocate $5mln to Inecobank to finance small enterprises

March 4, 2011 - 16:06 AMT   GMT
As part of the program on cooperation, BlueOrchard Finance S.A. issued a $7.5mln loan to Inecobank in 2010.
Expert: no changes expected in Turkey’s foreign policy before parliamentary election

Expert: no changes expected in Turkey’s foreign policy before parliamentary election

March 4, 2011 - 15:53 AMT   GMT
“Turkey tries to position itself as a defender of the Arab world on the one hand and works for Europe, on the other,” political analyst Alexander Iskandaryan said.
EuFoA skeptical over breakthrough at Armenia-Russia-Azerbaijan presidential meeting

EuFoA skeptical over breakthrough at Armenia-Russia-Azerbaijan presidential meeting

March 4, 2011 - 15:52 AMT   GMT
Michael Kambeck: the international community, especially the OSCE Minsk Group, must make a clear push for removing snipers and installing observers on the line of contact.
Law on free economic zones in Armenia to be adopted soon, expert says

Law on free economic zones in Armenia to be adopted soon, expert says

March 4, 2011 - 15:49 AMT   GMT
Gagik Minasyan: the law will facilitate export of agricultural products.