  Economist: second crisis wave flared inflation worldwide February 23, 2011 - 12:51 AMT PanARMENIAN.Net - Inflation will continue growing in 2011, however it might be curbed, according to the head of Alternative Center for Education, Policy, Research and Economic Analysis. “The second wave of crisis flared inflation worldwide. But Armenia could use some domestic factors to restrain upsurges and create more favorable situation for the customers,” Tatul Manaseryan told a news conference in Yerevan. Presenting a research conducted by his center, he noted that “inflation is not always bad, as low inflation rate can stimulate economy development.”   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
