Armenian News - Tert.am

Found 285 news

  • Biden tells US weapons will not be used to strike Moscow, Kremlin
    Armenian News - Tert.am - 12:40 Jun 06, 2024
    President Joe Biden was adamant that U.S. weapons would not be used to strike Moscow or the Kremlin after he authorized Ukraine to use them in Russia during an exclusive interview with ABC News anchor David Muir at the Normandy American Cemetery on the 80th anniversary of D-Day. Muir asked Biden if U.S.-made weapons have already been used in Russia since he signed off on their use, limiting use to areas near the Russian-occupied Kharkiv region. The president did not directly answer, but made clear they would not be authorized to be used to target Russia's capital city or seat of government. "They're authorized to be used in proximity to the border when they're being used on the other side of the border to attack specific targets in Ukraine," Biden told Muir of U.S. weapons. "We're not authorizing strikes 200 miles into Russia and we're not authorizing strikes on Moscow, on the Kremlin."  
  • Through Ucom’s Support the 12th Sunchild Festival Concludes
    Armenian News - Tert.am - 08:28 Jun 04, 2024
    On May 24-28, with the support of Ucom, the 12th international environmental festival Sunchild took place in Yerevan, which this year was held under the theme "Biodiversity: the Pulse of Nature.” On May 28, the closing ceremony of the festival took place in the hall of the Union of Cinematographers of Armenia, where the winners were revealed across various categories. "This Stolen Country of Mine" directed by Marc Wiese from Germany won John Burton Award: the category of conservationist films category. "Deep Rising" directed by Mattheieu Rytz from the USA won in the category of feature documentary films about biodiversity conservation. "The King of Birds" directed by Daria Razumnikova from Russia, and "The Menace From Above" directed by Mariam Khayat from Saudi Arabia in the category of environmental films by/for children and youth. With Ucom’s support, a Youth Corner was established for the first time within the framework of the 12th Sunchild international environmental festival. For four days, this exhibiti...
  • Luiza Petrosyan. From Issue of Shares to Risk-Based Management
    Armenian News - Tert.am - 13:56 May 31, 2024
    Luiza Petrosyan, Member of the Board, Secretary, spoke about placements of shares, their attractiveness, effective internal control mechanisms, and stronger corporate governance principles. Armeconombank has been issuing shares regularly over the past years. Are there any pending new issues and what is the principle of issue of shares in general? You are right about the recent issues. In 2016, the Bank adopted a policy aimed at increasing the capital also by regular placements of shares. Since then, on the account of such placements only, Armeconombank’s capital has increased about 13 times. Legislative changes in the form of capital retention and anti-cyclical buffers as implemented by the Central Bank of Armenia served as an extra stimulus for the latest placements. During this year alone, the capital has already been supplemented with nearly AMD 7bn by the founding shareholders of the Bank, which creates a solid ground for further dynamic development of the Bank. By the way, one more placemen of Armeconomb...
  • Another batch of electric fences reaches farmers
    Armenian News - Tert.am - 13:42 May 31, 2024
    Environmental problems can be solved through the adoption of green technologies. Since 2019, Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Assets (FPWC) have been actively engaged in targeted projects in this area. In biodiversity-rich habitats, unexpected encounters with wild animals can occur. To assist farmers in such communities, the partner organizations have been leveraging green technologies, such as electric fences. In a recent initiative, a new set of electric fences was provided to communities in Vayots Dzor, aiming to facilitate the peaceful coexistence of humans and wildlife. The event saw the participation of key figures including Viva-MTS General Director Armen Avetisian, Director of the FPWC Ruben Khachatryan, as well as representatives from the regional and community administrations. Each of the 20 specialized electric fences is capable of monitoring a 1-hectare area. The urgency of this solution is underscored by the stark realities faced in the region. Recent year...
  • Blinken and Fidan discussed opportunities to support peace and prosperity in the Caucasus region
    Armenian News - Tert.am - 07:21 May 31, 2024
    Secretary of State Antony J. Blinken met with Turkish Foreign Minister Hakan Fidan in Prague, Czechia on the sidelines of an informal meeting of NATO Foreign Ministers. Secretary Blinken and Foreign Minister Fidan discussed opportunities to support peace and prosperity in the Caucasus region. They also efforts to reach a ceasefire agreement in Gaza that secures the release of hostages, as well as the importance of increasing humanitarian aid to Gaza and preventing regional instability. 
  • Ucom’s General Director participates in Graduation Ceremony of Leadership School
    Armenian News - Tert.am - 07:01 May 31, 2024
    Ralph Yirikian, General Director of Ucom, participated and gave a speech at the 2023-2024 leadership development course graduation ceremony of the Leadership School. The students attending in the leadership development course gained important leadership knowledge and experience, including leadership fundamentals, effective career and business relationships, innovative business development, teamwork, communication, and negotiation.   Esteemed businessmen and high-ranking officials, ambassadors and public figures from Armenia and other countries gave lectures and shared their experience with them. Students also conducted research and developed and implemented their own projects. "Being a real leader is always difficult, it’s a responsibility, because in addition to being a manager, the leader must also be a bearer and upholder of the company's values, they must serve as an example for everyone, and they must also create such an atmosphere that any employee can propose and implement beneficial ideas. To become g...
  • Trump has been found guilty of all 34 counts of falsifying business records in a criminal hush-money scheme
    Armenian News - Tert.am - 06:27 May 31, 2024
     Donald Trump has been found guilty of all 34 counts of falsifying business records in a criminal hush-money scheme to influence the outcome of the 2016 election. The verdict came after a jury deliberated for less than 12 hours in the unprecedented first criminal trial against a US president, current or former. It marks a perilous political moment for Trump, the presumptive nominee for the Republican nomination, whose poll numbers have remained unchanged throughout the trial but could tank at any moment. Trump was convicted by a jury of 12 New Yorkers of felony falsification of business records, which makes it a crime for a person to make or cause false entries in records with the intent to commit a second crime. He will be sentenced on 11 July at 10am ET. “This was a rigged trial by a conflicted judge who was corrupt,” Trump said at the courthouse after the verdict was read. “This was a rigged trial, a disgrace.” Trump’s lawyer Todd Blanche stated during an appearance on CNN that he would appeal the verdict ...
    Tags: Trump
  • Karen Vardanyan donated 118 million drams to the National Center for Burns for the medical equipment
    Armenian News - Tert.am - 06:04 May 31, 2024
    On the occasion of June 1, Children’s rights protection day, the Pediatric intensive care unit of the «National Center for Burns» of the RA Ministry of Health, has been equipped with modern European and American medical equipment. Thanks to the financial support of benefactor Karen Vardanyan, the Center already has new operating tables and instrument trolleys, 2 anesthesia workstations, defibrillator, bronchoscope, video laryngoscope, ultrasound system, microsurgical microscope, automated immunoassay analyzer and other equipment. Benefactor Karen Vardanyan donated 118 million drams for the purchase of 21 pieces of equipment for the pediatric intensive care unit.
  • Egyptian president urges international community to 'stop any attempt at forcing Palestinians to forcibly flee their land'
    Armenian News - Tert.am - 08:00 May 30, 2024
    Egyptian president Abdel Fattah al-Sisi urged the international community to ensure Palestinians in the Gaza Strip are not displaced from their war-ravaged territory, reports Agence France-Presse. “I … call on the international community to immediately provide for long term humanitarian assistance to the Gaza Strip and to end the Israeli siege,” Sisi said. According to AFP, he also called for the international community to “stop any attempt at forcing Palestinians to forcibly flee their land”. Sisi’s comments come after the Israeli army said on Wednesday it had gained “operational control” over the strategic Philadelphi corridor (see 07.48 BST) along the border between the Gaza Strip and Egypt. “Sisi has a deep sense that Egypt is increasingly backed into a corner and wants every support from major countries he can get,” Ahmed Aboudouh, an associate fellow at London’s Chatham House thinktank, told AFP.
  • N. Korea sends over 150 balloons carrying trash into S. Korea: Seoul military
    Armenian News - Tert.am - 05:46 May 29, 2024
    This photo, provided by the Joint Chiefs of Staff on May 29, 2024, shows debris of a balloon presumed to have been sent by North Korea and carrying waste discovered in western Seoul. (PHOTO NOT FOR SALE) (Yonhap) North Korea has sent more than 150 balloons carrying trash across the inter-Korean border, Seoul's military said Wednesday, after the North warned of "tit-for-tat action" against anti-Pyongyang leaflets flown by the South's activists. Since Tuesday night, the balloons have crossed the border to fall in various locations across the country, reaching as far as the southeastern province of South Gyeongsang, and scatter waste as they fell to the ground, according to the Joint Chiefs of Staff (JCS). The fallen balloons appeared to have carried various pieces of trash, such as plastic bottles, batteries, shoe parts and even manure, a JCS official said, with military officials collecting the objects for a detailed analysis. "These acts by North Korea clearly violate international law and seriously threaten our people's safety," the JCS said. "(We) sternly warn North Korea to immediately stop its inhumane and vulgar act." On Sunday, North Korea said it will scatter "mounds of wastepaper and filth" over the border ar...
    Tags: Seoul
  • Ucom Supports Youth Environmental Education
    Armenian News - Tert.am - 12:02 May 27, 2024
    The 12th Sunchild International Environmental Conference promises to be more impactful and enlightening than ever. With Ucom’s support, the Youth Corner continues to thrive, offering young people a four-day opportunity expo and various workshops within the festival's framework. While this year marks the inaugural organization of the Youth Corner, the overwhelming interest from participating organizations and visitors suggests that it will become a regular feature of the event. During a visit to the Youth Corner, the General Director of Ucom, Ralph Yirikian engaged with participants, toured the expo, and attended the "Nature and Social Entrepreneurship" workshop. Here, the focus was on showcasing how entrepreneurship can drive positive societal and environmental changes, presenting innovative business models that address pressing environmental challenges while fostering social impact. "For both Ucom and myself, ecology and the environment hold paramount importance, as we recognize that a fulfilling life hinges...
  • The 12th "Sunchild" Environmental Festival Launched with Ucom's Support
    Armenian News - Tert.am - 07:36 May 25, 2024
    The 12th "Sunchild" International Environmental Festival kicked off with the support of Ucom. Dedicated to biodiversity conservation, this year's festival promises a rich lineup of over 30 environmental films, set to screen at the Union of Cinematographers of Armenia from May 24th to 28th, with free admission. Alongside captivating film screenings, the festival will host a Youth Corner, offering an expo and diverse workshops over four days. These engaging sessions provide young individuals with insights into leading environmental and educational programs, fostering participation in workshops and stimulating discussions. "The films shown within the framework of the festival are an attempt to suggest that regardless of all circumstances, geographical location and social status, today we all face the consequences of the destruction of biodiversity, and therefore we should all try to take steps for a greener future with equal care," said Sona Kalantaryan, Director of the "Sunchild" International Festival.  "We ar...
    Tags: SunChild
  • Welcome to CaseKey 2024. Byblos Bank Armenia firmly stands by future innovators
    Armenian News - Tert.am - 14:02 May 23, 2024
    Strategic business cases, invaluable experience, innovative approaches and more than 25 events are in store for the participants of CaseKey Business Case Competition 2024, whose title sponsor for the second year in a row is Byblos Bank Armenia. The competition officially opened on May 21. Over the next six months, participants will solve four business cases, spend active training days with their coaches, compete in an intellectual game, and have informal meetings with leading experts from various fields. This year, 263 talented young people and coaches have been given the opportunity to participate in the competition, forming 24 teams, including six from Armenia’s provinces. From a record number of applications, only the top 35% of applicants were selected to join the project. Hayk Stepanyan, CEO of Byblos Bank Armenia, welcomed the participants with a motivational speech at the event’s opening and advised that the young people view education as a long-term investment. "Byblos Bank Armenia is keen on building...
  • New technologies as guarantees for wildlife conservation and rural development
    Armenian News - Tert.am - 08:09 May 23, 2024
    How to live in a village with rich biodiversity where you face the challenge of wildlife conservation and rural development? Vayots Dzor is one of the regions with such rich biodiversity where encounters with wild animals are commonplace. Seeing a bear every day has become usual especially in Shatin. Bears wander into different parts of the village at any time of the day and after each of their “visits” farmers have to assess the damage caused by them. The residents have become more cautious; however, they know they need to conserve the nature and not cause any harm to animals even if they suffer some losses.   Over the years, Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Assets have conducted numerous projects aiming to reduce human-wildlife conflict. This is a relevant and important issue from the perspective of eco-village development as well. Attaching great importance to nature conservation and rural development, the partner organizations launched a project to introduce electr...
  • Tariff plan “TOURIST UNLIM”: Unlimited Internet while travelling in Armenia
    Armenian News - Tert.am - 12:25 May 22, 2024
    Viva-MTS presents new prepaid tariff plan “TOURIST UNLIM”, which includes unlimited Internet, 300 minutes for on-net calls, for calls to RA networks, US, Canada, and the MTS Russia network, as well as an opportunity to send 300 SMS. By the way, upon consumption of the 300-minute package, the subscriber gets 10 000 on-net minutes within the tariff plan. “Viva-MTS always strives to give the best to its customers. The “TOURIST UNLIM” is both for those visiting Armenia, and those customers, who want to have unlimited Internet and regularly travel across Armenia. This tariff plan is a wonderful combination of price and quality,” Viva-MTS General Director Armen Avetisian said. When creating the “TOURIST UNLIM” prepaid tariff plan, travelers’ preferences and interests to stay in touch with their dear ones through voice and Internet services, as well as using the Internet without restrictions to upload photos and videos to share about their travels on social networks and utilizing different maps and navigation system...
  • Pashinyan met with Iran's supreme leader
    Armenian News - Tert.am - 09:27 May 22, 2024
    Prime Minister of the Republic of Armenia Nikol Pashinyan and other members of the RA delegation met with the supreme leader of Iran, Ayatollah Seyyed Ali Hosseini Khamenei, Tasnim agency reports. Today it was reported that Pashinyan arrived in the Islamic Republic of Iran on a working visit. Pashinyan was met at Mehrabad airport by Iranian Vice President Davoud Manzoor. The Prime Minister arrived in Tehran to attend a farewell ceremony for Iranian President Ebrahim Raisi, Foreign Minister Hossein Amir Abdullahian and other officials accompanying them who were killed in a helicopter crash. The delegation, led by Prime Minister Nikol Pashinyan, included RA Foreign Minister Ararat Mirzoyan and Deputy Prime Minister Mher Grigoryan.
  • Your home is in Armenia – Ameriabank offers mortgage loans for the Diaspora
    Armenian News - Tert.am - 12:14 May 21, 2024
    Ameriabank offers mortgage loans for our compatriots in the Diaspora. To buy real estate in Armenia, our compatriots in the Diaspora can apply to Ameriabank online to buy, renovate or build a home anywhere in Armenia, regardless of their country of residence and current location. When making a loan decision, the fact whether the applicant has registered income in Armenia, and the applicant’s permanent residency, are not essential. The client’s income in another country is considered as the source of income. To note, disbursement and service fees are not charged on these loans.  The mortgage loan can be provided in AMD, USD or Euros, for a term of 60-360 months. Full terms and conditions of loans and other details are available on Ameriabank’s website.  To make use of the offer, the client needs to fill in the application form on Ameriabank’s website, after which the Bank’s specialist will contact the client to discuss the terms of the loan.   Ameriabank CJSC Ameriabank is a leading financial and technological...
  • Ucom Supports the Next “SunChild” Festival in Armenia
    Armenian News - Tert.am - 10:50 May 21, 2024
    The 12th edition of “SunChild" festival themed around "BioDiversity: The Pulse of Life” is set to take place in Yerevan from May 24-28, with Ucom's support. During the festival, 30 films will be shown, which will compete in four categories: a film about conservationists, a full-length documentary about the conservation of biodiversity, a short film about the conservation of biodiversity, films made by or for children/youth on the topic of protecting nature. “For Ucom, as a green company, protecting the environment is a very important value, and awareness among young people on this topic is the best way to save our nature and planet. We are happy to support this festival, confident that the young people participating in it will become bearers of the same values and will contribute to building a stable future for Armenia,” said Ralph Yirikian, General Director of Ucom. “For several years now, SunChild has been educating our society about global environmental challenges, serving to spread a sustainable lifestyle...
  • Biden: What's happening in Gaza is not genocide
    Armenian News - Tert.am - 06:11 May 21, 2024
    U.S. President Joe Biden strongly defended Israel on Monday, saying Israeli forces are not committing genocide in their military campaign against Hamas militants in Gaza in a rejection of criticism from pro-Palestinian protesters. "What's happening in Gaza is not genocide. We reject that," Biden said at a Jewish American Heritage Month event at the White House. Biden has faced protests at many of his events around the country from pro-Palestinian advocates who have labeled him "Genocide Joe" for his steadfast support for Israel. In remarks at the White House event, Biden stressed his belief that Israel was the victim dating back to the Oct. 7 attack on southern Israel by Hamas militants who killed 1,200 people and took hundreds of hostages. He said U.S. support for the safety and security of Israelis is "ironclad." "We stand with Israel to take out (Hamas leader Yahya) Sinwar and the rest of the butchers of Hamas. We want Hamas defeated. We're working with Israel to make that happen," he said. Negotiations ha...
  • Ameriabank's Trade Finance portfolio enriched with four prestigious awards from EBRD and IFC
    Armenian News - Tert.am - 13:50 May 20, 2024
    Ameriabank has received four prestigious awards from international financial institutions in recognition of its trade finance operations. At the recent TFP Awards Ceremony, the European Bank for Reconstruction and Development (EBRD) honored Ameriabank with the 2023 Deal of the Year Export, the 2023 Deal of the Year Green Trade in Renewable Energy awards and for the Completion of the Climate Practices and Transition Planning Programme in Armenia. The TFP Award team highlighted "Ameriabank’s outstanding contribution to facilitating trade in green technologies and continuously supporting the transition to a green economy." Earlier in May, Ameriabank received the "Outstanding GTFP Issuing Bank. Honorable Mention. Caucasus" award at the Global Trade Partner Meeting in Barcelona, organized by the International Finance Corporation (IFC) as part of its Global Trade Finance Program (GTFP). The event brought together over 300 representatives from the international trade finance sector. Suren Kocharyan, head of Ameriaba...
    Tags: EBRD

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