WB to hold World for Financial Infrastructure Week in Rio de JaneiroMarch 7, 2011 - 10:59 AMT PanARMENIAN.Net - For the first time, the World Bank Group will gather financial infrastructure practitioners from around the World for Financial Infrastructure Week in Rio de Janeiro, Brazil March 14-17, 2011. Financial Infrastructure Week combines both a full day of common plenary sessions and three different streams: Payment Systems - "Expanding the Horizons of Payment System Development"; Credit Reporting - "Moving beyond the Crisis – The Role of Credit Reporting"; Secured Transactions - "Increasing Access to Credit through Secured Transactions Reform". The World Bank Group is a leader in financial infrastructure development in emerging markets, including payment systems and remittances, credit reporting and secured lending/collateral registries. The three programs have organized a number of events and conferences to raise awareness and disseminate best practices in their respective arenas. The payment systems stream is the fourth global conference organized for payment systems specialists, the World Bank said on its website. 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 | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |