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Armenia's Economic Pulse

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  • Re: Armenia's Economic Pulse

    Originally posted by Federate View Post
    Here's crayfish from Artsakh

    I'm absolutely clueless about Seafood, where do these come from? Artsakh's lakes and rivers or are they grown in artificial farms?


    • Re: Armenia's Economic Pulse

      These are called crawfish in english=rak in russian = khetsgetin in armenian. They live in rivers and lakes but in Armenia and artsagh its mostly rivers. They look like minuature lobsters but i think they taste better. They like rocky bottoms to hide in and are very common all over the world but tend to get bigger in warmer climates. Many fish like to eat them to and thus they are great for baiting.
      Hayastan or Bust.


      • Re: Armenia's Economic Pulse

        I love rak and peva!
        For the first time in more than 600 years, Armenia is free and independent, and we are therefore obligated
        to place our national interests ahead of our personal gains or aspirations.


        • Re: Armenia's Economic Pulse

          Found this on another site

          Things like this give me hope.
          Hayastan or Bust.


          • Re: Armenia's Economic Pulse

            Originally posted by Haykakan View Post
            Found this on another site
            Things like this give me hope.
            Viva cell is one of the best companies in Armenia, I would even dare to say it's the best there is. Look all it has done for the country and what it will do. And I see some good times coming for Armenia very good times.
            You should never argue with idiots because they will just drag you down to their level....then beat you with experience!!!!!!!

            "I disagree with what you say, but I will defend to the death your right to say it" Voltaire


            • Re: Armenia's Economic Pulse

              Originally posted by Haykakan View Post
              These are called crawfish in english=rak in russian = khetsgetin in armenian. They live in rivers and lakes but in Armenia and artsagh its mostly rivers. They look like minuature lobsters but i think they taste better. They like rocky bottoms to hide in and are very common all over the world but tend to get bigger in warmer climates. Many fish like to eat them to and thus they are great for baiting.

              Originally posted by KarotheGreat View Post
              Viva cell is one of the best companies in Armenia, I would even dare to say it's the best there is. Look all it has done for the country and what it will do. And I see some good times coming for Armenia very good times.
              Yeah, the General Manager of that company seems to actually care about the country he lives in and the people he profits off of and isn't some weird greedy mafia type guy. He's one of the few legitimate entrepreneurs and businessmen in Armenia. More ROA citizens like him need to step up.
              Last edited by Muhaha; 10-21-2009, 07:55 PM.


              • Re: Armenia's Economic Pulse


                Oct 27 2009

                The RA Parliament has adopted in the third reading the bill "On
                construction of a new power unit in Armenia." RA Minister of Energy
                and Natural Resources Armen Movsisyan, who presented the bill,
                pointed out that the document provides for the construction of a new
                power unit/units with a total capacity of 1.2MW and operating life
                of 60 years.

                The Minister said that the construction project is estimated at U.S.

                $4.5-5bn. Movsisyan pointed out high importance of the new power units
                for Armenia, as the neighboring states have energy deficit. Armenia
                is the only country in the region that is capable of generating energy
                not only for domestic needs, but also export.

                During his recent visit to Yerevan President of the Rostom Corporation
                Sergey Kiriyenko stated that Rosatom is ready to render its services
                to Armenia, using the most reliable technologies.
                Hayastan or Bust.


                • Re: Armenia's Economic Pulse

                  A couple of slaps from “big brother”

                  Yesterday, Turkish Minister of Energy and Natural Resources Taner Yıldiz put an end to the empty talk about Azerbaijan’s ability to influence Ankara’s foreign and energy policy in any way. The aim of the empty talk was “enhancing” Azerbaijan’s regional influence by means of rhetoric. In fact, however, Baku exhausted its potential for energy diktat long ago – it has neither the necessary resources nor means of diversifying routes or political weight to torpedo Turkey’s strategic task of becoming the main point for hydrocarbons transit to Europe. That was the reason why billons of U.S. dollars were invested in the Baku-Ceyhan and Baku-Erzurum projects. Leaving the communications inoperative is as impossible for President Ilham Aliyev as yielding his chair to some Isa Gambar.

                  So the direction for the transit of Caspian resources at Azerbaijan’s disposal can by no means be changed. Another matter is that the reserves are not sufficient to meet both Turkey’s ambitions and Europe’s demands.

                  Ilham Aliyev is not to blame for the West having been unable to push through the Transcaspian gas main project. As a result, the two pipes of great length designed for supplying energy resources from Central Asia to Europe — the Baku-Ceyhan oil pipeline with an annual capacity of 50m tons, and the South Caucasus gas pipeline Baku-Tbilisi-Erzurum with an annual capacity of up to 30bn cubic meters – actually run only to end in Azerbaijan’s well that is running dry. Strategically, the Baku-Tbilisi-Erzurum gas pipeline was designed for Central Asian gas, rather than for Azerbaijan’s. It was laying the gas main through the bottom of the Caspian Sea than was supposed to make the Baku-Tbilisi-Erzurum gas pipeline part of the Nabucco project. Azerbaijan is capable of supplying only 1/3 of the necessary volume to this pipeline, which can hardly satisfy Turkey and the end consumers in Europe. The designed annual capacity of the Nabucco gas pipeline is 30bn cubic meters, and, in this context, Azerbaijan’s efforts are “a drop in the ocean.” By various estimates, over the following decade, Azerbaijan will be capable of supplying within 5bn cubic meters of gas to this pipeline, whereas at least 15bn cubic meters are required for it to be put into operation. Moreover, the volume Azerbaijan is ensuring now does not reach Turkey in full. Let us remember that Georgia, a transit country which completely upset its relations with Russia, became dependent on Azerbaijani gas, while Turkey “granted” its gas quota in the Baku-Tbilisi-Erzurum pipeline to Georgians. So Turkey has never received strategic amount of gas from Azerbaijan and hardly expects to receive it.

                  Realizing that Russia will go all out to prevent a pipe from being laid through the Caspian bottom, Turkey, without wasting time, joined the Russia-launched South Stream project. The difference of this project from Nabucco is as follows: from Central Asia the pipeline will run along the northern Caspian coast (a Near-Caspian gas pipeline), rather than through the bottom of the Caspian Sea, which, however, is not of essential importance for Turkey. On the contrary, this reduces the number of transit countries between Central Asia and Turkey — Russia in place of Azerbaijan and Georgia. The efforts exerted by RF Prime Minister Vladimir Putin and his Italian counterpart Silvio Berlusconi were crowned with success – Turkey joined the South Stream project. At that very moment Azerbaijan felt the hard slap delivered by its “big brother” – it was not while Yerevan and Ankara were signing the Protocols in Zurich.

                  The second slap proved to be even header. Baku got it yesterday, when Turkish Premier Recep Tayyip Erdogan and Minister of Energy and Natural Resources Taner Yildiz agreed on the details of Turkey’s participation in the South Pars project with Iran. It is the world's largest gas field coverings an area of 9,700 square kilometers, with 3,700 square kilometers (South Pars) being in Iranian territorial waters. It can really serve as resource base for the Nabucco project, but Azerbaijan drops out of the game. Moreover, the West may share the same fate, as Turkey seems to be going to “uncap the Iranian barrel” with Russia. So Russia is “drawing” Central Asian resources into the South Stream and Blue Stream projects, while Turkey is ensuring access to the European market for Iranian gas. Thus, Europe’s energy security problem can be resolved by combined efforts of Turkey and Russia, with Iran’s energy potential necessarily used.

                  Armenia may play a key role in the Turkey-Iran-Russia energy triangle. In any case, over the last few years, Russia, slowly but surely, has been creating a powerful “electric energy base” in Armenia. With the Iran-Armenia gas main considered, Armenia’s prospects will be even better after the Armenian-Turkish border has been reopened.

                  As regards Azerbaijan, the only thing for it to do is to feed the West promises, beg compensation of Turkey for gas at a giveaway price and try to get Russia’s support by supplying ridiculously small volumes of gas (500m cubic meters) to the Gazprom Company by means of bypass routes.

                  "Nobody can give you freedom. Nobody can give you equality or justice or anything. If you're a man, you take it." ~Malcolm X


                  • Re: Armenia's Economic Pulse


                    AZG DAILY


                    Armenia - Consuelo Vidal, head of the UN office in Yerevan, presents
                    the UN Human Development Report, 27Oct, 2009

                    Armenia remained ahead of three of its four neighbors in the United
                    Nations' latest index of people's well-being around the world.

                    The Human Development Index (HDI), based on 2007 data, rated 182
                    countries in terms of their Gross Domestic Product per capita, life
                    expectancy, access to healthcare and education standards. Armenia
                    occupies 84th place in the rankings topped by Norway Australia and
                    Iceland, a slight improvement over the UN's previous Human Development
                    Report issued two years ago.

                    "This improvement is largely due to the increase in GDP per capita,"
                    Consuelo Vidal, head of the UN office in Yerevan, said, presenting
                    the 2009 report. "Between 1990 and 2007 Armenia's HDI rose by 0.51
                    percent annually."

                    Vidal noted that Armenia holds the first place in the report's "Medium
                    Human Development" category and is followed by Ukraine and Azerbaijan.

                    Iran and Georgia are in 88th and 89th places respectively. Armenia's
                    fourth neighbor, Turkey, is 79th in the rankings.

                    Armenia's GDP per capita more than quadrupled, in nominal dollar terms,
                    to roughly $4,300 between 2002 and 2008 on the back of double-digit
                    economic growth that significantly reduced the official poverty
                    rate. The International Monetary Fund expects the figure to tumble
                    to $3,000 this year because of the ongoing economic recession and
                    the resulting depreciation of the national currency, the dram.

                    For its part, the World Bank predicted earlier this year that the
                    recession will increase the proportion of Armenians living below the
                    official poverty line will from 22 percent to at least 26 percent by
                    2010, reports.
                    Hayastan or Bust.


                    • Re: Armenia's Economic Pulse

                      ArmenAL – Armenian Aluminum foil factory, promised to increase its employee salaries proportional to the increase of production. During last several years workers managed to increase production more than twice, but salaries still remain unchanged - about $250. The Russian owner of the company confessed (on local TV) that the factory equipment is outdated, nevertheless he declared that workers should “earn” the salary increase.??? And therefore the company eployees are protesting now.

                      By the way Armenian government owned TV channels showed government members who in past, several times, highly praised the company for the “huge” investments done to ensure high quality of the foil.


                      Russians own most of Armenian large scale companies which are making big profits. And yet they consider that the Armenian workforce doesn’t deserve higher salaries. Because Armenian regime is in pockets of the Russians, it doesn’t/can’t support Armenian employees. The regime supports the wrongdoings of the owners.

                      By the way the owners are able dumping the foil in market, because they pay employees-nothing.

                      Please read the following:


                      The European Union decided Thursday to impose five-year duties on aluminum foil imported from China, Brazil and Armenia over alleged dumping charges.
                      The EU said in its decision that the duties were up to 30% as a punishment to Chinese exporters for selling the product at below cost, or...
                      Last edited by gegev; 10-29-2009, 12:58 AM.