World Economic Forum kicks off in DavosJanuary 26, 2011 - 11:14 AMT PanARMENIAN.Net - Business leaders will tackle topics like globalization, social network addiction, burn-out and the economic rise of India and China at the World Economic Forum in Davos for the next few days. The mood is expected to be much more optimistic than in the past two years, with many expecting a boom in 2011, RTE reports. The WEF is hosting 1400 from top 1,000 companies around the world, 30 heads of state or government, renowned academicians and faith leaders. Armenia is not participating. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |