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Daily Archives: Jun 8, 2012

U.S. trade deficit narrowed in April

The U.S. trade deficit narrowed in April, as a sharp pullback in imports and exports to the euro zone suggested the region's troubles are increasingly washing up on U.S. shores, according to news reports

Fitch downgrades Spain’s credit rating to BBB

The ratings agency Fitch has sharply downgraded Spain's credit rating, citing the growing banking crisis in the eurozone's fourth-biggest economy

EurAsEc to disburse $440 million third tranche of bailout loan to Belarus within week

The EurAsEc, a regional economic grouping of ex-Soviet republics led by Russia, will disburse a $440 million third tranche of a bailout loan to Belarus within a week

Over $388 million received in Armenia in Jan-Apr 2012 as individual noncommercial remittances

Over $388 million received in Armenia in Jan-Apr 2012 as individual noncommercial remittances.

First quarter net income of Armenia’s credit organizations tumble 30.4% to amd 1.9 bln

Net income of Armenia’s credit organizations dropped by 30.4% to nearly 1.9 billion drams in the first quarter of 2012 from the analogical period a year earlier.

USD trading volume jumps by 56.3% to $79.4 mln at NASDAQ OMX ARMENIA in May

The total amount of transactions with USD at NASDAQ OMX Armenia stock exchange in May