World bank and government of Armenia signed credit agreement in the amount of $40 million for lifeline road improvement


July 23, 2010. On Friday, World Bank and Government of Armenia signed credit agreement in the amount of $40 million "On second Additional Financing for the Lifeline Road Improvement Project?for Armenia”. Armenian Minister of Finance Tigran Davtyan and Acting Head of World Bank Yerevan Office Naira Melkumyan signed the agreement... (view more)



Armenian government reluctant to revise economy expansion targets


July 23, 2010. Armenian finance minister Tigran Davtian said today the government is not going to revise major macroeconomic targets for this year any time soon. Speaking at a news conference he said the incumbent government generally avoids frequent revision of economic growth indicators and making changes to its budget... (view more)






Russian dolls exhibition opened in Armenia


July 19, 2010. An exhibition of Russian doll maker Tatiana Kalinskaya opened in Russian Art Museum in Yerevan on the initiative of Sona Azaryan, violin player in Yuri Bashmet’s Symphony Orchestra of New Russia, reported the press service of Rossotrudnichestvo’s Yerevan office... (view more)





Armenia, cradle of Indo-European civilization

July 13, 2010. Recent discoveries of Armenian archeologists could lead to rewriting history of the Ancient World in the near future. In the study of ancient civilizations Armenia often remained on the sidelines, as if she had not been involved in major historical turnovers. The researchers’ interest was almost always confined to the territory of ancient Mesopotamia and Egypt. But, naturally the “factor” of Armenia could not be excluded in the formation of ancient civilizations. There is much evidence to prove it. Nevertheless, for one reason or another Armenia, yet, was left out from the list of possible leaders... (view more)




Construction of national network of high-speed Internet in Armenia to be launched in 2011.

July 13, 2010. Construction of national network of high-speed Internet in Armenia to be launched in 2011. President of the Artsakh Republic Bako Sahakyan met General Manager of Karabakh Telecom CJSC Ralph Yirikian to discuss the company’s investment policy, tariff revision as well as humanitarian programs carried out in the republic. Artsakh Republic Prime Minister Ara Harutyunyan was also attending. Construction of the national network of high-speed broadband Internet was in the focus of a discussion on E-Society and Innovation for Competitiveness Project. The discussion brought together representatives of the WB, RA Ministry of Economy, Ministry of Transport and Communication, as well as communication operators and representatives of IT and telecommunication organizations... (view more)




What to expect from Apple's iPhone-centric WWDC


/CNN.com By Brian X. Chen/. News outlets may have spoiled the big surprise for Apple's upcoming Worldwide Developers Conference by publishing early photos and details of the next-generation iPhone. Nonetheless, in a recent e-mail, Steve Jobs promised a customer that "You won't be disappointed" by the announcements to come. What else might Apple have in store for the event, which happens June 7 to 11 at San Francisco's Moscone Center?... (view more)




Are you ready for the big internet crunch?


/CNN.com By Matt Ford/. Within 18 months it is estimated that the number of new devices able to connect to the world wide web will plummet as we run out of "IP addresses" - the unique codes that provide access to the internet for everything from PCs to smart phones. "The internet as we know it will no longer be able to grow," Daniel Karrenberg, chief scientist at RIPE NCC, the organization that issues IP addresses in Europe, told CNN... (view more)





Ford Start /By Matt DeLorenzo / Start is to Ford what Smart is to Mercedes.

/autos.yahoo.com/. While Mercedes-Benz has its Smart, Ford has introduced the Start, its answer for the ever-growing city car market. Launched at the Beijing Auto Show, the Ford Start is a small, 2-door coupe powered by a 3-cylinder turbocharged gasoline engine. Ford’s concept recognizes that more and more of the world’s population is living in urban areas. “Our ambition with the Ford Start Concept was to design a car that transcends the practical realities of commuting in these mega cities…we wanted to design a car you would also love,” according to designer Freeman Thomas... (view more)


Geneva’s Best Concepts. What’s headed our way? What’s not?

/autos.yahoo.com/. Auto show concept cars can be either futuristic ideas that never will see a production line or thinly disguised versions of cars you can buy within months at your local dealer. This year’s concepts at the 2010 Geneva Auto Show tend more toward the fantastic, although there might be something in the cards for future fans of a particular Italian make... (view more)