New York Life Launched Payment of Compensations to Armenian Genocide Victims' HeirsNovember 13, 2006 - 18:05 AMT PanARMENIAN.Net - New York Life insurance company launched payment of compensations to the heirs of the Armenian Genocide victims. According to lawyer Vardges Yeghiayan, the commission approved 2515 out of 5692 appeals and launched payment process. In his words, Armenians not living in Armenia will receive bank checks. Those residing in Armenia will receive the sum via transfers in one of the RA banks. All the people who sent appeals will receive written notice on confirmation or rejection. In the United States people can get letters in several days while in Armenia the process can last a week or more. The sum to be paid to 1254 heirs in Armenia makes $3.6 million; 896 American Armenians will be paid $2.7 million. The whole sum totals some $8 million. The rest $3 million will be paid to charitable organizations. Bardres Yeghiayan also informed that the Aksa French insurance company has also allocated appropriate funds. The names of the insured people numbering 4-5 thousand will be posted on www.armenianinsurencesettlement.com website, reports RFE/RL. 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 | About 32,000 rally in Yerevan to deman Pashinyan’s resignation About 31,700 people attended an opposition rally on Thursday, May 9 in Yerevan demanding the resignation of Prime Minister Nikol Pashinyan. Armenian, Azerbaijani Foreign Minister to meet in Almaty Armenian Foreign Minister Ararat Mirzoyan and his Azerbaijani counterpart Jeyhun Bayramov will meet in Almaty. Viva-MTS: Tech solutions to modernize infrastructure of border village The border village has been the focus of Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Values since 2015. Ucom's fixed network launched in Artashat To mark this occasion, the company has introduced a special offer exclusively for Artashat residents. |