OECD inflation falls as energy, food pressures ease

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31.07.2012, 18:37

Figures released by the Organization for Economic Cooperation and Development Tuesday showed consumer prices in its 34 member countries rose 2.1% in the 12 months to May, a smaller increase than the 2.5% rise in the 12 months to April and the slowest rate of increase since January 2011.

Armenian-born economist Daron Acemoglu wins Nobel Prize in economics

The 2024 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was awarded to American scholars Daron Acemoglu, Simon Johnson, and James Robinson "for their research on how institutions are formed and how they affect welfare."

14.10.2024 14:39

Iranian earthquake felt in Armenia

Armenian seismic service has recorded a 5.1 magnitude earthquake in neighboring Iran.

16.03.2023 16:45

Quake on Georgia-Russia border felt also in Armenia

An earthquake of a 5-6 magnitude at the epicenter occurred in the Georgian-Russian border area on April 21, according to the website of the ministry of emergencies of Armenia.

21.04.2020 13:28

Coffee prices surge more than 25%

Coffee prices have jumped more than 25% in recent weeks, because of signs of shrinking production in Latin America, The Wall Street Journal reports.

29.11.2019 13:42

Multimillionaire Carolyn Rafaelian sues Bank of America and seeks $1.1 billion

Alex and Ani, the Rhode Island-based jewelry company founded by multimillionaire Carolyn Rafaelian, has filed a suit against the Bank of America, one of its lenders, saying it is violating federal law by engaging in gender discrimination against the women-led company, Forbes reports.

30.07.2019 13:46

Russian defence ministry says Islamic State leader may have been killed in Syria

An air strike may have killed Abu Bakr al-Baghdadi, Islamic State leader, and up to 330 other fighters on 28 May, BBC reports referring to Russia’s defence ministry.

16.06.2017 12:54

Australia’s GDP grows 0.3 percent

Australia’s GDP rose 0.3 percent in the first quarter of this year, compared with the previous quarter, world media reported Wednesday referring to official reports.

07.06.2017 12:44

World Bank’s global economic growth outlook for 2017 left unchanged at 2.7%

The World Bank left its 2.7-percent global economic growth outlook for 2017 unchanged.

05.06.2017 11:42