Saint Petersburg Economic Forum kicks off todayJune 4, 2009 - 11:37 AMT PanARMENIAN.Net - The Saint Petersburg Economic Forum kicked off in Russia today.The premier economic event and is set to be attended by a roll-call of its main economic players, who will focus on global development, prospects of international financial institutes and banking sector. Organizers hope signed contracts will surpass last year's total of $US 13.5 billion. The forum's agenda will include oil price, modern logistic systems, dialogue between economic agents from the Commonwealth of Independent States (CIS) member countries, energy efficiency, social policy, market and financial projects, investments, as well as the new model of market economy, in the context of the world economic crisis. Some 12,000 police officers will ensure security during the event. Pulkovo International Airport is getting ready to receive around 150 business flights. 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 | Russia sends note of protest to Armenia over envoy’s trip to Ukraine’s Bucha Russia has sent a note of protest to Armenia over the visit of Vladimir Karapetyan and Tigran Ter-Margaryan to Bucha. Armenia: Protesters march to parliament, some spend the night on street The protesters did not disperse despite heavy rain that began at around 2 a.m. local time. Concept to complete Yerevan Cascade discussed at city hall A conceptual proposal to complete the Cascade complex in downtown Yerevan has been presented by Jean-Michel Wilmotte. Pashinyan visits flood-hit region Armenian Prime Minister Nikol Pashinyan on Saturday, June 8 visited the disaster area in the Lori province. |