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Economy

Venezuela in crisis: 'There is no water, no power, no nothing'
19:05, Saturday, 13 April, 2019
Repeated power grid failures in Venezuela have led to water shortages across the country. With no electricity, pumping stations cease to ...
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Google hit with €1.49bn fine from EU over advertising
16:05, Wednesday, 20 March, 2019
Google has been hit with a €1.49bn (£1.28bn) from the EU for blocking rival online search advertisers. It is the third EU fine for the ...
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Trump targets India and Turkey in trade crackdown
11:55, Tuesday, 05 March, 2019
The US plans to end preferential trade status for India, under a scheme which allows certain products to enter the US duty-free. President Donald ...
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Troika laundromat revelations make the case for tougher supervision of europe’s banking sector
21:15, Monday, 04 March, 2019
The Troika Laundromat revelations published today by the Organized Crime and Corruption Reporting Project (OCCRP) and partner media outlets reveal ...
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Iran ready to export more gas to Armenia: Rouhani
16:20, Wednesday, 27 February, 2019
President Hassan Rouhani expressed Iran’s readiness to increase the volume of gas exports to Armenia. He made the remarks Wednesday in a ...
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Nikol Pashinyan: "Yerevan is ready to play a role in transit of Iranian gas"
15:45, Wednesday, 27 February, 2019
Prime minister of Armenia Nikol Pashinyan during the official meeting with the president of Iran Hassan Rouhani has announced that Yerevan is ready ...
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Armenian PM: EAEU-Iran free trade agreement to open up new prospects
15:20, Wednesday, 27 February, 2019
Armenian Prime Minister Nikol Pashinyan has said that the free trade agreement between Iran and the Eurasian Economic Union will open up new ...
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Nikol Pashinyan: "There are 300 billion drams in Armenia that don’t belong to anyone"
11:30, Friday, 15 February, 2019
Prime Minister Nikol Pashinyan on 12th February at the National Assembly presented the program of government activity for 5 years and informed that ...
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U.S. Senators to try again with tougher Russia sanctions bill
13:30, Thursday, 14 February, 2019
A bipartisan group of U.S. senators introduced a bill on February 13 that would impose drastic new sanctions on Russia over its meddling in U.S. ...
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Georgia does not rule out option of buying Russian gas
11:30, Thursday, 14 February, 2019
Georgia does not rule out the opportunity of buying natural gas in Russia and is holding relevant talks with the Russian gas holding Gazprom, ...
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The EU looks like the Soviet Union in 1991, Soros says
11:55, Wednesday, 13 February, 2019
Europe is sleepwalking into oblivion and its people need to wake up before it is too late. If they don’t, the European Union will go the way ...
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Turkish company exported from Venezuela tons of gold
22:25, Friday, 08 February, 2019
Turkish firm called Sardes exported from Venezuela to Turkey gold with a total value of $ 900 million. About it reports Bloomberg. The company ...
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Innovation and Technology Park will be constructed in Yerevan
11:55, Wednesday, 30 January, 2019
Yerevan will become home to the first Innovation and Technology Park in the region to be constructed in Armenia. It will become the future workplace ...
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U.S. imposes sanctions on Venezuelan state oil firm
10:20, Tuesday, 29 January, 2019
The US has moved to cut off the flow of foreign currency to President Nicolás Maduro’s government in Venezuela, imposing sanctions on ...
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Rusal, En+ shares soar 10% after lifting of US sanctions
12:00, Monday, 28 January, 2019
Shares of Rusal and En+ on the Moscow Exchange soared 10% after the statement of the US Treasury Department on the lifting of sanctions against the ...
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Timothy Cook of Apple is meeting with the Prime Minister of Armenia
19:30, Tuesday, 22 January, 2019
Timothy Cook of Apple is meeting with the Prime Minister of Armenia. What a great start at the World Economic Forum in Davos, with perhaps a bit of ...
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Trump Threatens to ‘Devastate Turkey Economically’
12:00, Monday, 14 January, 2019
President Trump threatened Turkey on Sunday with harsh economic sanctions if it attacks Kurdish forces in Syria after American troops withdraw from ...
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The European Union is pushing Congress to support Treasury Department plans to lift sanctions on a Russian aluminum company
14:20, Saturday, 12 January, 2019
The European Union is pushing Congress to support Treasury Department plans to lift sanctions on a Russian aluminum company controlled by a Vladimir ...
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A slowdown or reversal of ongoing structural reforms remains in Armenia, Azerbaijan, Belarus, Ukraine and Turkey
15:20, Wednesday, 09 January, 2019
Mounting tension around Syria and Ukraine may trigger new sanctions and undermine confidence in the region, the World Bank said in a report released ...
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U.S. to Remove Russian Companies Tied to Oleg Deripaska From Sanctions List in 30 Days
11:35, Thursday, 20 December, 2018
The U.S. Treasury Department told Congress on Wednesday it will remove sanctions imposed on three Russian companies tied to an oligarch. The ...
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China commerce ministry would welcome US trade delegation visit
15:20, Thursday, 13 December, 2018
China has agreed to cut tariffs on U.S.-built cars and auto parts to 15 percent from 40 percent, a Trump administration official said on ...
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USA imposed new sanctions against Russia
10:55, Wednesday, 21 November, 2018
USA imposed sanctions against Russia for cooperation in supply of oil from Iran to the Syrian government. This was reported on the website of the ...
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Dow plunges about 400 points as Apple, Amazon and Facebook fall
14:30, Tuesday, 20 November, 2018
Stocks dropped sharply on Monday as the biggest and most popular technology stocks plunged. Facebook and Apple led the losses. The Dow Jones ...
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Lydian chairperson resigns
16:25, Friday, 16 November, 2018
As a corporate update, on November 14, 2018, Gordon Wylie resigned to pursue other interests, effective immediately. João Carrêlo, ...
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Exclusive: Iran's Zarif speaks about US sanctions, Saudi 'assassination plots', and an Arab NATO
11:15, Wednesday, 14 November, 2018
TNA: Regarding oil, do you believe waivers given out by the US administration to eight nations have allowed the purchase of Iranian oil under ...
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Iran sanctions herald energy trouble for Caucasus nations
15:40, Tuesday, 13 November, 2018
The resumption of wide-ranging American sanctions on Iran promises economic uncertainty for the Islamic Republic’s neighbors in the Caucasus: ...
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The list targets more than 700 entities, including individuals, banks, aircraft and vessels
10:30, Tuesday, 06 November, 2018
The Trump administration on Monday renewed sanctions against hundreds of entities throughout Iran's energy sector and its broader economy, promising ...
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Ukraine takes Armenia and Kyrgyzstan to WTO over steel pipe duties
10:35, Tuesday, 23 October, 2018
Ukraine has launched complaints at the World Trade Organization to challenge anti-dumping duties imposed by Armenia and Kyrgyzstan on certain types ...
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Google to boycott Saudi conference over missing journalist
15:50, Tuesday, 16 October, 2018
Alphabet Inc’s Google on Monday became the latest company to say it would boycott a business conference in Saudi Arabia, after the ...
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Saudi Crown Prince to Trump: We've Replaced All Iran's Lost Oil
15:30, Saturday, 06 October, 2018
Prince Mohammed said that the kingdom could push capacity beyond 12 million barrels a day with additional investment, and that extra supplies are ...
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