The results of the first half of 2010 indicate that global economy is growing at a slow pace, including markets of the U.S., Europe, Russia and China. Meanwhile, 15% unprecedented growth was recorded in China. Indices of stock exchanges also prove the growth in global economy. Moreover, anti-crisis governmental programs are implemented consistently.

The forum is due in autumn 2011 in Pyatigorsk.

On July 22 the International Court of Justice (ICJ) confirmed that proclamation of Kosovo’s independence did not contradict international laws. And although the court’s decision is not mandatory, it finally put an end to the issue of the former colonies’ right to independence. It is quite likely that after the decision of the ICJ many states, which considered Kosovo part of Serbia, will recognize its independence. One could even say that the two-year fight of Kosovars for their rights produced the logical result.

President of the Artsakh Republic Bako Sahakyan met General Manager of Karabakh Telecom CJSC Ralph Yirikian to discuss the company’s investment policy, tariff revision as well as humanitarian programs carried out in the republic. Artsakh Republic Prime Minister Ara Harutyunyan was also attending.