“Sharp Rise in Italian Oil Prices Expected After Recent Drop; Investors Eyeing Middle East Tensions and US Inventory Data”
Italian oil prices expected to rise sharply on Thursday after significant drop. Middle East situation and US inventories being evaluated. Brent future up $1.07 (1.36%) to $79.7, reaching lowest level since June 5. WTI future also up $1.3 (1.74%) to $76.03.
“New Yerevan Residential Complex Phase 2 Construction Begins: Here’s How You Can Participate!”
The second phase of New Yerevan residential complex at 42/5 Arno Babajanyan Street has started. Register online to become a participant in just 3 simple steps. Contact ML Mining at (099) 410 009 and Amio Bank at (010) 592020 for more information.
“Prime Minister Nikol Pashinyan announces significant decrease in refinancing rate, boosting economy and challenging borrowing for government.”
Discover how the Prime Minister of Armenia, Nikol Pashinyan, reveals the reasons behind the decrease in the refinancing rate, resulting in positive development for our partners. Read more on NEWS.am.
“Alarming Fiscal Policy: Voluntary Evasion of State Obligations Revealed by Armenian Prime Minister”
Fiscal policy in Armenia allows for voluntary evasion of state obligations. The Prime Minister highlighted that the debt threshold is not a major concern this year, but exceeding it would require implementing expenses according to certain rules. The volume of monetary debt has also risen in Armenia, with the debt now surpassing the foreign debt.
“US Dollar Surges to 388.38 Drams in Armenia, Euro and Pound Follow Suit”
The exchange rate of the US dollar in Armenia has reached 388.38 drams, while the Euro stands at 420.73 drams. Ruble exchange rate is 4.49 drams.
“Amio Leasing: The Ultimate Solution to Business Expansion – Double Your Success Now!”
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Ministry of Education Allocates 180 Million Drams for “Festive” Artistic Project: Zhoghovurd Newspaper Reports
The Armenian Ministry of Education has allocated 180 million drams for the “Festive” artistic project, featuring three musical programs. The first event took place in Gyumri with Tatai’s performance, while other concerts will be held in Ijevan and Yeghegnadzor. The project received financing from the Public Television Company. “Zhoghovurd” newspaper provides a breakdown of the expenses incurred during the Gyumri event, including fees for artists, production and administrative work, and equipment costs. The article also mentions the participation of popular artists and officials at the festival. For more details, visit NEWS.am Telegram.
“Freedom Academy Launches Educational Program for Financial Literacy in Armenia, Promotes Investment Knowledge”
In the Historical Museum of Armenia, the Freedom Academy program was presented by Freedom Broker Armenia. The program aims to promote financial literacy and raise awareness about investments in Armenia. The CEO, Edward Safaryan, emphasized the importance of financial education and cooperation with higher education institutions. Various representatives delivered speeches, and a memorandum on financial education cooperation was signed. The collaboration between Freedom Broker Armenia and the museum will continue beyond this event.
“US Government Auditor Uncovers Multi-Million Dollar Accounting Errors at Pentagon: Defense Budget Inflated, Equipment Valuation Inaccurate”
More accounting errors found in Pentagon, totaling $2 million. US defense budget also inflated to $8.2 million, reveals audit. Difficulties faced in assessing value of protective equipment for Ukraine, says GAO report. Read more on NEWS.am.
Russian-Ukrainian Conflict Heroes to Be Featured on New Banknotes and Coins, Says Ministry of Defense
The Ministry of Defense proposes depicting “heroes” and occupied Ukrainian cities on newly printed banknotes and coins. It aims to honor fallen heroes and educate Russian youth. Banknotes range from 50 to 5,000 rubles, with fallen heroes on lower denominations. Military technology will be depicted on 1 and 2 ruble coins. Gradual circulation of new banknotes will replace old ones, with designers aiming for public discussion.