Home » Business » Latest Armenian News:

Tsarukian Set To Resign As Party Leader

Thumbnail

The Prosperous Armenia Party (BHK) on Wednesday gave more indications that Gagik Tsarukian will step down as its leader this week after backing away from a decisive showdown with President Serzh Sarkisian.

Tsarukian is widely expected to make an official statement to that effect at an emergency congress of the BHK slated for Thursday.It will take place behind closed doors.

Senior BHK lawmakers claimed to be unaware of the content of Tsarukian’s speech at the gathering. But they did acknowledge that his resignation, which would most probably also mean retirement from politics, is on the cards.

“The Seat Is Sweet”: What’s Holding Up Elections for a New Armenian Patriarch of Constantinople?

Image 58779.jpg

10:55, March 2, 2015

The Armenian community of Istanbul believes there is only one reason why elections to appoint a new Patriarch Of Constantinople haven’t been held—Archbishop Aram Ateşyan, the acting Patriarch, does not want them to be.

“There are a thousand other little reasons why but the biggest reason is that Archbishop Aram does not want elections to be held,” businessman Dikran Altun, a member of the Armenian community of Istanbul, told Hetq. “At one time he wanted them to be held, thinking that he would get elected. But then he realized that he wouldn’t be elected, which is why he is resistant.”

Another Lawmaker Quits Tsarukian Party

Thumbnail

Yet another parliament deputy defected from the Prosperous Armenia Party (BHK) on Tuesday following a government crackdown unleashed against its leader, Gagik Tsarukian.

Rustam Gasparian’s exit reduced to 29 the number of seats held by the BHK in Armenia’s 131-member parliament. Gasparian gave no formal reasons for the move highlighting the uncertain future of Tsarukian’s party.

The party’s parliamentary faction numbered 36 members before President Serzh Sarkisian harshly condemned Tsarukian on January 12 for threatening to oust him and ordered tax audits of many businesses belonging to the BHK leader. Defections from the BHK faction began just before Tsarukian called off a major anti-government demonstration slated for February 20.

Oppositionist Aims For Pro-Western Bloc

Thumbnail

A prominent Armenian opposition politician said on Tuesday that he will help to set up a new electoral alliance that will strive for Armenia’s withdrawal from the Russian-led Eurasian Economic Union (EEU) and closer ties with the West.

Aram Sarkisian said that his Hanrapetutyun (Republic) party and other extraparliamentary opposition groups will join forces to win over Armenians opposing membership in the EEU and supporting an Association Agreement with the European Union. He claimed that they make up least 40 percent of the country’s population.

“I believe that in this geopolitical situation these forces will act in a joint and consolidated fashion in the [2017] parliamentary elections and, after achieving serious results, will mount a serious challenge in the [2018] presidential elections, which could result in their victory,” Sarkisian told RFE/RL’s Armenian service (Azatutyun.am).

From Lake to Table: Armenian MP Builds Fish Market in Tbilisi

Image 58773.jpg

09:35, March 3, 2015

Vardan Ayvazyan, a Republican Party MP in Armenia’s parliament who heads the Standing Committee on Economic Affairs, is building a huge fish market in Tbilisi.

The plant, located not far from the center of the Georgian capital, is known as a restaurant hub.

In September 2011, Ayvazyan founded a company called Unicom of which he was the sole shareholder. According to the Georgian State Registry, Vardan Ayvazyan registered his company shares in the name of his son Souren Ayvazyan. This was after the 2012 Georgian parliamentary elections, and it appears that he was concerned that his assets would be at risk with the change of power. His friend, onetime Minister of Internal Affairs Ivane Merabishvili, had been jailed, and Ayvazyan was afraid that he too might be persecuted as a result.

Armenian Cab Drivers Protest Against New Taxes

Thumbnail

Hundreds of angry taxi drivers blocked the main squares of Yerevan and Gyumri with their cars on Monday in protest against new taxation rules introduced by the Armenian government.

Under the those rules effective from March 1, the self-employed cab drivers across Armenia will have to pay a fixed monthly fee of at least 8,000 drams ($17) and install new meters used for calculating other taxes.

The protesting drivers claim that the extra taxes are exorbitant and, if enforced by the government, will drive them out of business. They also say that they cannot afford the meters worth between 60,000 and 120,000 drams apiece.

Baghdad-Yerevan-Erbil: A Commercial or Political Route?

Image 58739.jpg

19:52, February 26, 2015

Today marked the inaugural flight linking Yerevan with Erbil, capital of Iraqi Kurdistan.

Armenia’s General Civil Aviation Department reports that the Iraqi Airways flight, linking Baghdad and Yerevan with a quick stopover in Erbil, will operate every Thursday and Sunday commencing March 5.

As announced, Flight IAW 481 will depart from Baghdad and will land at Yerevan’s Zvartnots International Airport at 1pm. At 2pm, Flight IAW 484 will leave Yerevan for Erbil. At 5pm, Flight IAW 483 will return to Yerevan and will leave for Baghdad at 6pm.

The new route, to be operated by Iraqi Airways, the country’s national carrier established in 1945, will be serviced by planes in the Canadian made Bombadier CRJ900 and American Boeing 737 class. Iraqi Airways now has five CRJ900 and twelve Boeing 737 planes in its fleet.

Armenian Opposition In Limbo After Government Crackdown

February 27, 2015 Armenia, Asia, Business, Top News No Comments
Thumbnail

Armenia’s major opposition parties remain vague on their immediate steps after Prosperous Armenia (BHK), admittedly the most influential of them, came under huge government pressure earlier this month.

The BHK led by tycoon Gagik Tsarukian dramatically toned down its criticism of President Serzh Sarkisian and his government after suffering the consequences of what appeared to be a crackdown unleashed by the head of state.

Sarkisian and senior members of his ruling Republican Party of Armenia (HHK) lashed out at Tsarukian on February 12 after the BHK leader effectively presented them with an “ultimatum” – to give up controversial plans for a constitutional reform or face sustained street protests seeking to oust the current administration.

Romania: Anti-Corruption Agency Indictments ‘Doubled’ in 2014; Former Minister Arrested

February 27, 2015 Armenia, Business No Comments
Image 58748.jpg

12:53, February 27, 2015

Romania’s national anti-corruption agency has announced that 2014 was its most productive year yet, according to an annual report released on Tuesday.

The chief prosecutor of the National Anti-Corruption Directorate (DNA), Laura Codruta Kovesi, made a speech on Tuesday to prosecutors, police and employees from foreign embassies, saying last year saw their largest-ever number of criminal cases, indictments, convictions, and investigations into high-ranking officials.

According to Kovesi, there were 317 indictments in 2014, double the figure from 2013. There were reportedly over 9,100 cases throughout the year, managed by 86 prosecutors.

Kovesi, the former prosecutor general of Romania, has developed a reputation for effectively targeting corruption since she took office in 2013, recently receiving attention fromThe Economistand theNew York Times.

RSS International News By CNN

  • 'No government has any support for us'
    CNN's Arwa Damon travels the damaged roads out of Kathmandu to the village of Ravi Opi, and finds a community in pain and 90% of houses said to be uninhabitable. | QUAKE PHOTOS | HOW TO HELP […]
  • A country without graveyards
    Jack Tiwari, president of the America Nepal Society, begins most mornings with a short prayer to the dozen or so Hindu deities who sit atop the altar at his home in Northern Virginia. He thanks the gods for giving him another day, offers them some sweets and asks for good health and happiness. […]
  • Drone video shows landscape wiped out
    New drone video from Kathmandu shows where the earthquake brought down buildings and wiped out landscape in a matter of seconds. […]
  • More than 4,400 dead, 8,000 injured, 8 million affected -- and rising
    Reports are circulating that entire villages have been leveled by the earthquake as the death toll rises. A U.N. report estimates that the disaster affected 8 million people. FULL STORY | HOW YOU CAN HELP […]
  • Nepal's hospitals overrun with earthquake injured
    CNN's Dr. Sanjay Gupta says the medical situation in the Nepali capital is as bad as he has ever seen. He participates in a operation on a girl who has been badly crushed. | QUAKE PHOTOS | HOW TO HELP […]
  • Bottleneck: Struggle to distribute huge influx of aid
    Countries around the world have launched massive aid operations to help victims of the Nepal earthquake, but distribution of aid faces challenges as Nepal is still trying to come to terms with the scale of the disaster. […]
  • Indonesia executions will go ahead
    The executions of nine of 10 mainly foreign prisoners on death row in Indonesia will "go ahead as planned" and could take place as early as Tuesday, Indonesia's attorney general's office said Monday. […]
  • The Sony World Photography Awards 2015
    Feast your eyes on the winners of the Sony World Photography Awards 2015. The winners -- who take home prizes up to $30,000 -- were chosen from a record-breaking 183,737 images submitted from 171 countries. The awards bills itself as the "world's biggest photography competition" and 200 images by prizewinners and entrants will be on show at So […]
  • Surreal photos of classic fairy tales
    You don't have to be well-versed in Russian folklore to appreciate this dream-like take on classic stories. […]
  • Israeli airstrikes target militants on border
    The Israeli military conducted airstrikes Sunday night in the area between Israel and Syria, targeting a group of militants allegedly trying to plant a bomb on the Israeli border. […]

CNN International Explores the Secrets of Armenia’s Stone Henge

AdvertisementAdvertisementAdvertisementAdvertisement

Recent Comments

RSS Middle East News By BBC

RSS Sports News By The Huffington Post

  • This Damian Lillard Spin Move Should Be Inscribed In Textbooks
    There are two types of spin moves in basketball: the spin move that sort of looks cool, but does little to help the team -- e.g. your spin moves -- and the type of spin move the Portland Trail Blazers' Damian Lillard pulled off Monday night against the Memphis Grizzlies: Here’s another angle: To compare, your spin moves don’t lead you any closer to the […]
  • All Climbers Stranded At Camps High Up Mount Everest Airlifted To Safety
    (Adds Everest death toll from mountaineering association) By Douglas Busvine NEW DELHI, April 28 (Reuters) - All of the climbers who had been stranded at camps high up Mount Everest by a huge earthquake and avalanches have been helicoptered to safety, mountaineers reported from base camp on Tuesday. Taking advantage of Monday's clear weather, three heli […]
  • Cavs Guard J.R. Smith, Celtics Center Kelly Olynyk Suspended
    CLEVELAND (AP) — The NBA has suspended Cavaliers guard J.R. Smith two games without pay and Celtics center Kelly Olynyk one game for their roles in separate incidents during a playoff game. The NBA announced the suspensions Monday night following Cleveland's win to sweep Boston in the first round Sunday. Smith swung backward and smacked Boston's Ja […]
  • Diver Swims Through Massive 'Silver Rush' Of Fish
    We're well aware that the ocean is an extraordinary and mysterious place, but for William Mitchell, a scuba diver from London, one particular plunge in Grand Cayman turned into a once-in-a-lifetime experience. In July 2013, Mitchell was diving in the Devil's Grotto, an undersea cavern, when he encountered a massive cloud of Atlantic silversides -- […]
  • The Powerful Letter Dan Fredinburg Carried With Him On Mount Everest
    "We'll also know that you've already lived the equivalent of at least 100 lifetimes." Those were the last words Max Stossel wrote to his friend, Dan Fredinburg. Fredinburg died in an avalanche while climbing Mount Everest after a 7.8-magnitude earthquake hit Nepal Saturday. Stossel's words were written in one of a handful of letters […]
  • Man Dressed As Giant Testicles Runs The London Marathon For A Good Cause
    Jack Woodward never needs to be told to grow a pair. The 22-year-old British student just completed Sunday's London Marathon dressed as a giant pair of testicles. While his time of 5 hours, 45 minutes and 6 seconds didn't burn up the course, Woodward is a winner just the same. He ran in the goofy getup to raise awareness of testicular cancer after […]
  • Richie Benaud: Marvelous Life, That
    David Saunders remembers the much-loved former Australian captain and immortal voice of international cricket, Richie Benaud, who died in Sydney last week, aged 84. Imitation, so they say, is the sincerest form of flattery. In some notable cases, imitation morphs into mimicry and simultaneously, flattery yields to full-scale admiration. That being so, former […]
  • 10 Ways Parents Can Help Their Kids Avoid Overuse Injuries and Burnout in Sports
    According to Safe Kids Worldwide, more than 3.5 million children age fourteen and under get medical treatment for sports injuries each year. Of those, nearly half are overuse injuries, such as Sever's disease (a heel problem often associated with soccer), Osgood-Schlatter disease (knee pain common in male soccer and basketball players), gymnast's w […]
  • 2015 WWE Extreme Rules - Matches, Rumors, and Predictions!
    Tomorrow Night Is The 2015 WWE EXTREME RULES PPV on the WWE Network! It all starts with the Kickoff Show at 7:30pm EST. Here are some rumors and predictions for the PPV! Here's the 2015 WWE Extreme Rules Card: Kickoff Show - Tyson Kidd & Cesaro vs The New Day (Tag Team Championship) Seth Rollins vs Randy Orton (Steel Cage/RKO Banned WWE Championship […]
  • Baltimore Orioles Executive Passionately Defends Freddie Gray Protesters
    The Freddie Gray protests escalated outside Baltimore’s Oriole Park at Camden Yards Saturday night to such a degree that the team announced at the bottom of the ninth that fans would not be allowed to leave the stadium at that time. A photo posted by Emilie (@ejlann) on Apr 25, 2015 at 7:59pm PDT The demonstrations apparently rubbed Baltimore sports broadcas […]

Our Sponsors

Poll

Sorry, there are no polls available at the moment.

-

Featured Books

Book Reviews

John Balian’s “Novel Approach” Brings the Armenian Saga to the Masses – An interview with John Balian by Lucine Kasbarian

Gray Wolves and White Doves cover art

Armenians often wish for a tale about the Armenian Genocide and its aftermath that would make a blockbuster film and draw attention to their cause. John Balian’s new book, Gray Wolves and White Doves (CreateSpace/Amazon.com), may be that tale.

 Largely autobiographical, this atmospheric novel is presented through the eyes of an innocent young boy trying to make sense of the world as he grows up amid repressive conditions in Western Armenia/Eastern Turkey during the 1960s and 70s.

 This fast-paced, multi-layered narrative takes readers from Hanna Ibelin’s (a.k.a. Jonah Ibelinian’s) close-knit family life in the perilous Asia Minor region of Palu to terror and tragedy while en route to Syria’s Kamishli, to a bleak existence on the mean streets of Istanbul.

New Children’s Picture Book From Armenian Folklore

Teaneck, N.J. and Belmont, Mass. –  An Armenian folktale retold by Armenian-American writer Lucine Kasbarian and illustrated by Moscow-based artist Maria Zaikina debuts with Marshall Cavendish Children’s Publishers in April 2011.

The Greedy Sparrow: An Armenian Tale is from the ancient Armenian oral tradition and culture, which was nearly obliterated during the Turkish genocide of the Armenians, Assyrians and Greeks in 1915. The author learned the tale from her father, editor and columnist C.K. Garabed, who would recite it to her at bedtime. He had learned it from his own grandmother, a celebrated storyteller from the Old Country.  The tale was first put to paper by Armenian poet Hovhannes Toumanian at the turn of the 20th century.

“We Need To Lift The Armenian Taboo”

Turkish writer and publicist Ahmet Insel labels the initiative of the Turkish Nationalist Movement Party to pray namaz on the ruins of Ani as provocation.

In an interview with “A1+,” the publicist said the initiative was supported only by a small percentage of Turks.

“They offered namaz in Ani in protest against Christian rites carried out in Trabzon and Akhtamar. The leader of the Nationalist Movement Party, Devlet Bahceli said if Christians are allowed to pray inside museums, similarly he can pray namaz in Armenian churches,” said Ahmet Insel.

The Turkish writer arrived in Armenia to participate in a book festival. Presentation of Armenian version of Dialogue sur le tabou arménien (Dialogue about the Armenian Tabou) co-authored by Ahmet Insel and Michel Marian was held during the festival.

US Media Discusses The Armenian Genocide

BURBANK, CALIFORNIA –  KFI 640, a popular news/talk radio station hosted by Bill Handel on September 23 aired a live interview with Michael Bobelian, the writer of a new book titled  Children of Armenia: A Forgotten Genocide and the Century-long Struggle for Justice

The book chronicles the aftermath of the Armenian Genocide of 1915, and recounts a people’s struggle for justice in the face of a century of silence and denial.

During the interview, which was aired during the prime morning time slot, Bill Handel addressed both the efforts within the United States to ensure that the US government appropriately acknowledges the Armenian Genocide and Turkey’s ongoing denial.

Handel, a well known and nationally syndicated radio talk show host, has discussed the Armenian Genocide during past shows.

Commentary

Capitalism Run Amok Is Just Plain Capitalism

Image 58171.jpg

16:37, January 17, 2015

By Markar Melkonian

The source of Armenia’s misery and humiliation, we often hear, is not capitalism per se, but rather “gangster capitalism,” “a broken system,” “capitalism run amok.”

The goal for the future, then, is to “fix the system,” to reform capitalism, to make it more like regular, pure, genuine Free Enterprise, the kind of capitalism that works. But what if Armenia’s actually existing capitalism already is genuine capitalism?

An economist once observed that the only existential meaning of “enterprise” in the term free enterprise is “whatever capitalists happen to be doing at the time”–and “free” is the accompanying demand that they be allowed to do it.

Ukraine: Cops Go After Casinos, Suggest Yanukovych Connection

Image 57806.jpg

21:45, December 15, 2014

Ukraine’s ministry of internal affairs has launched a campaign against illegal casinos amid fears that a large network of underground gambling dens could be providing an income source for the son of the country’s disgraced former president Viktor Yanukovych.

The new crackdown on unlawful casinos – an ongoing scourge for law enforcement agencies in Ukraine since regulation was made stiffer with a 2009 law – was launched on Dec. 8 after an announcement on Minister of Internal Affairs Arsen Avakov’s official Facebook page.

Avakov, who keeps a lively and occasionally angry Facebook commentary on current affairs, pledged to put a complete stop to the establishments within ten days; first in the capital of Kyiv, then the rest of the nation.

Yerevan Calling: A Weekly Roundup of Random Musings from Armenia

Image 56686.jpg

13:05, October 3, 2014

Here it is dear readers, the debut of a weekly column I hope to maintain on a regular basis.

It’s sort of a catch-all of news snippets, irreverent commentary, and personal observations on what’s happened during the week here in Yerevan, and throughout Armenia.. Hopefully, you’ll find it interesting, if not slightly diverting.

Your comments and suggestions are welcomed.

Regards – Hrant

Oct. 2 – Protests Throughout Armenia: A Game of Numbers & Solidarity

Three separate protest rallies took place in Armenia today.

As Hetq reported earlier, business owners in the town of Sevan kept their stores and factories shut to protest changes to the so-called volume (sales) tax. Local residents flocked to the bread factory to wait on line for a loaf or two.

China: President Takes Action Against High Ranking Corrupt Officials

Image 55858.jpg

21:31, July 30, 2014

Zhou Yongkang, one of China’s most powerful former leaders, is under investigation in the highest-level corruption inquiry since the Communist Party came into power in 1949.

Under current president Xi Jinping’s anti-corruption campaign, the party’s Central Commission for Discipline Inspection is investigating Zhou for “serious disciplinary violations,” as the officialXinhua news agency reports. Media has not yet, however, specified the allegations against him.

The probe is an attempt to show the length to which Xi and the party will go in order to combat abuse of power reportsThe Wall Street Journal. 

A commentary published in the officialPeoples Daily makes the point that regardless of  an official’s rank or supporters, punishment will result for violating laws or the party’s discipline. 

Armenian Gangs: Caught between an Archetype and a Cliché

Image 55647.jpg

19:15, July 12, 2014

By Marineh Khachadour

“The whole thing started with a scene straight out of a mobster movie. It was around 6 p.m. when more than a dozen men from two organized crime groups opened fire on each other in a North Hollywood parking lot. Witnesses say nearly everyone was armed, and the shootout quickly went mobile. The men took off in cars, exchanging fire as they weaved through the Whitsett Avenue traffic.”

Stories such as this are not unique to Armenians in the American press, but this investigative report recently published in the LA Weekly is about Armenian Power, the Los Angeles based Armenian gang that operates in the heavily Armenian populated communities of Glendale, Burbank, and North Hollywood.