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Armenia lags behind neighbors in terms of inclusive development: report

Armenia lags behind neighbors in terms of inclusive development: report

January 17, 2017 - 17:50 AMT  13:50 GMT
Based on GDP per capita, Armenia ranks the 40th among developed countries, again outperformed by Turkey, Azerbaijan, Iran and Georgia.
UK inflation rate at its highest since July 2014

UK inflation rate at its highest since July 2014

January 17, 2017 - 17:04 AMT  13:04 GMT
Consumer Prices Index (CPI) inflation rose to 1.6% last month, up from 1.2% in November, the Office for National Statistics (ONS) said.
Gazprom to deliver two billion cu m of gas to Armenia via Georgia

Gazprom to deliver two billion cu m of gas to Armenia via Georgia

January 14, 2017 - 13:37 AMT  09:37 GMT
Gazprom Export will supply 2.0-2.2 billion cubic meters of natural gas to Armenia via Georgia each year, Gazprom said.
Zvartnots airport passenger traffic grew by 12% in 2016

Zvartnots airport passenger traffic grew by 12% in 2016

January 13, 2017 - 14:24 AMT  10:24 GMT
According to the General Department of Civil Aviation, 2.105.540 passengers have used the services of the airport in 2016.
World Bank: Armenia GDP to register 2.7% growth in 2017

World Bank: Armenia GDP to register 2.7% growth in 2017

January 11, 2017 - 16:09 AMT  12:09 GMT
The January 2017 Global Economic Prospects forecasts a subdued recovery in 2017 after the weakest year since the financial crisis.
Euro will fail in 10 years without reform: French presidential candidate

Euro will fail in 10 years without reform: French presidential candidate

January 11, 2017 - 15:38 AMT  11:38 GMT
Emmanuel Macron proposed the creation of a eurozone budget to finance growth-oriented investments.
Trump, Brexit put global economic growth at risk: World Bank

Trump, Brexit put global economic growth at risk: World Bank

January 11, 2017 - 15:17 AMT  11:17 GMT
Announcing the findings of its annual Global Economic Prospects (GEP), the bank said global growth had failed to meet its forecast every year since 2011.
UAE to invest $163bn in renewables

UAE to invest $163bn in renewables

January 11, 2017 - 15:08 AMT  11:08 GMT
The UAE has considerable solar power potential and is eager to reduce its use of fossil fuels.
UK's trade deficit deteriorates sharply in November

UK's trade deficit deteriorates sharply in November

January 11, 2017 - 15:00 AMT  11:00 GMT
The deficit on trade in goods and services was estimated at £4.2bn in November, up from £2.6bn in October.
Armenia, Iran, Turkmenistan eye energy cooperation

Armenia, Iran, Turkmenistan eye energy cooperation

January 9, 2017 - 14:13 AMT  10:13 GMT
Armenia, Iran and Turkmenistan have the opportunity to increase the trade turnover among the three countries, Karen Karapetyan said.
Russian energy giant Gazprom posts record gas exports

Russian energy giant Gazprom posts record gas exports

January 9, 2017 - 13:54 AMT  09:54 GMT
The company pumped 615.5 million cubic meters to non CIS states on January 6, beating the previous record set just a day before.
Armenia tourism has the capacity to grow fivefold, Minister says

Armenia tourism has the capacity to grow fivefold, Minister says

December 30, 2016 - 12:27 AMT  08:27 GMT
At a meeting with representatives of the tourism industry, Karayan said the sector is capable of creating inclusive added value.
Toshiba shares slump sharply for third day running

Toshiba shares slump sharply for third day running

December 29, 2016 - 16:48 AMT  12:48 GMT
The Japanese industrial giant has now had more than 40% of its value wiped off since 26 December.
Japan shows signs of economic recovery after decades of stagnation

Japan shows signs of economic recovery after decades of stagnation

December 28, 2016 - 17:31 AMT  13:31 GMT
Industrial production grew by 1.5 percent this month over November, slightly below the 1.6 percent predicted by experts.
Armenia central bank cuts key refinancing rate to 6.25% from 6.5%

Armenia central bank cuts key refinancing rate to 6.25% from 6.5%

December 27, 2016 - 16:44 AMT  12:44 GMT
Annual deflation in Armenia was at 0.6 percent in November, compared with 0.9 percent deflation in October, according to central bank data.
Armenia, UAE talk investment projects, bilateral ties

Armenia, UAE talk investment projects, bilateral ties

December 20, 2016 - 14:17 AMT  10:17 GMT
The Armenian delegation dwelled upon various issues, currently included in the agenda of bilateral talks between the two countries.
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