Japan plans to lend up to $122 billion to help quake-damaged businessesMarch 19, 2011 - 10:40 AMT PanARMENIAN.Net - A Japanese news report says the government plans to lend up to $122 billion to help quake-damaged businesses get back on their feet. According to AP, the Nihon Keizai newspaper said that the government would arrange low-interest loans or interest subsidies to companies for daily expenses or quake-related repairs. It said the total lending covered could be as high as 10 trillion yen ($122 billion). Japan's government has launched a series of initiatives to shore up the economy following the magnitude-9.0 quake and tsunami on March 11 that triggered an unfolding nuclear crisis. 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 | 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. |