British economy ends 2015 at steady paceJanuary 28, 2016 - 17:12 AMT PanARMENIAN.Net - Britain's economy ended 2015 at a steady pace amid global economic uncertainty, with quarterly growth picking up slightly to 0.5 percent in the last three months of the year compared with 0.4 percent in the previous three months. The Office of National Statistics said Thursday, Jan 28, that preliminary estimates showed full-year growth slowed to 2.2 percent from 2.9 percent the year before. Treasury chief George Osborne, who has warned of a "dangerous cocktail of new threats" to the economy, nonetheless said data showed the UK was "pushing ahead." Chris Williamson, chief economist at Markit, says uncertainty about whether Britain will leave the European Union and financial market volatility "are all creating an unsettling business environment and point to downside risks to the economy in 2016." 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 | Caring for nature, we have started with ourselves - Team Telecom Armenia Team Telecom Armenia summarized the work undertaken within the company in the direction of environmental protection. Azerbaijani President travels to Moscow Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Residents of border Armenian villages continue protests Residents of several Armenian communities in Tavush province continued protests into April 22 morning. U.S. welcomes Armenia, Azerbaijan’s border delimitation announcement Blinken said it is an important step towards concluding a durable and dignified peace agreement. |