IMF calls for “ambitious” economic policy reforms in Russia  The International Monetary Fund has cut its forecast for Russia’s GDP growth in 2014 to 3.25 percent from 3.8 percent.USD market average rate totals AMD 412.51 June 18 The market average rate of USD totaled AMD 412.51 on June 18 decreasing by 1.01 point compared to June 13.Ararat province farmers to sell apricots at AMD 500 per kilo Earlier, a group of farmers launched a rally demanding to set an acceptable price for apricot purchase.GDCA to announce tender for 3 Armenian air companies in late June At a June 6 sitting, the government of Armenia confirmed the concept of liberalization in air transportation sector.Boeing starts work on 787 Dreamliner stretched-out version The company is already working on a longer version, the 787-9, that would hold between 250 and 290 passengers.ECB ‘ready to act’ if needed: Draghi Some of the measures may have unintended consequences, but this did not mean that they should not be used, Draghi said.Oil prices steady ahead of U.S. Federal Reserve policy meeting To help support the economic recovery, the Fed buys $85bn in bonds every month, which pumps money into the financial system.Barroso: free trade deal with U.S. would be a ‘game-changer’ Barroso said that a deal "can be a game-changer, not just for the trans-Atlantic area, the U.S. and Europe, but for the world."SCR posts 6-fold passenger flow increase on Yerevan-Batumi route South Caucasus Railway hosted a summer season opening ceremony, with Armenia deluxe train launching on Yerevan-Batumi-Yerevan route.Oil prices fall ahead of U.S. central bank policymakers’ meeting Some investors worry that long-term interest rates could spike when the Fed pulls back, threatening the economic recovery. |
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