  Axa Insurance Company will pay $17 Million to Heirs of Armenian Genocide VictimsOctober 13, 2005 - 16:00 AMT PanARMENIAN.Net - Descendants of Armenians, who had fallen victim of the Genocide in Ottoman Turkey in 1915, agreed to call back their collective suit against Axa French insurance company. The latter agreed to pay $17 million to Armenian philanthropic organizations. The case was heard at a California court. The plaintiffs accused Axa in unwillingness to pay insurance sums for their relatives' killed in the massacre. One of the lawyers of the Armenian community stated their ultimate goal is to convince Turkey and US to officially recognize the Genocide fact, when 1.5 million Armenians were killed, reported BBC.  Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads.   Partner news |  Related sections Topic Latest news Czech-Armenian military cooperation discussed in Yerevan  A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia.U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel.Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide.Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |
