Armenia State with Average Risk Rate for BusinessNovember 10, 2006 - 15:09 AMT PanARMENIAN.Net - Armenia is a state with average risk rate for business, says the annual report issued by Control Risks consulting group. According to the experts Armenia refers to the category of states where political situation causes risks of "average level." Russia, Azerbaijan, Kyrgyzstan, Moldova, Ukraine and Uzbekistan are included into the same category. The U.S., UK and Japan are described as states with sustainable political foundation but "tending to negative changes."The annual report contains the analysis of the situation in 198 states and determines the degree of risk for business proceeding from the political situation and security. In the opinion of the analysts, the atmosphere in 49% of the countries is not favorable for business development, reports IA Regnum. 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 | Russia provides info about arrested Armenian ex-MP Russian law enforcement agencies have provided information about the arrest of Tigran Urikhanyan. Lemkin Institue slams Pashinyan's “cryptic engagement with Genocide denial” The Lemkin Institute is alarmed over Pashinyan’s statements “questioning Armenia's legal basis to pursue justice against Turkey”. 41 detained as antigovernment protests continue in Yerevan 41 people were detained in Yerevan as people demanding Pashinian’s resignation stage campaigns of civil disobedience. Armenia votes for UN resolution granting Palestine new rights The U.N. General Assembly voted by a wide margin on May 10 to grant new “rights and privileges” to Palestine. |