Economics

Non-ferrous and minor metals prices for 23 May: “Armenpress” reports the price of aluminum down by 0.62% to $1770.50, copper price down by 1.01% to $5897.00, lead price down by 0.55% to $1794.00, nickel price down by 0.75% to $11880.00, tin price down by 0.21% to $19350.00, zinc price down by 1.95% to $2518.00, molybdenum price ...

Precious metals prices for 23 May: “Armenpress” reports the price of gold futures is up by 0.86% to $1283.20, silver futures is up by 1.11% to $14.57, while platinum futures is up by 0.35% to $801.60. The measurement unit is 1 troy ounce (31.1 grams). New York’s NYMEХ (New York Merchantile Exchange) is a US futures market founde...

European main indexes values for 23 May: “Armenpress” reports the value of German DAX down by 1.78% to 11952.41 points, French CAC 40 down by 1.81% to 5281.37 points, British FTSE down by 1.41% to 7231.04 points, and Russian RTSI down by 1.34% to 1275.42 points. The German Stock Index is a total return index of 30 selected Germa...

USA main indexes values for 23 May: “Armenpress” reports the value of Dow Jones down by 1.11% to 25490.47 points, S&P 500 down by 1.19% to 2822.24 points, Nasdaq down by 1.58% to 7628.28 points. The Dow Jones Industrial Average is one of several indices created by Wall Street Journal editor and Dow Jones & Company co-founder Cha...

“These 8.000 drams will not change a lot for many families, but by this we will at least make the salary closer to the minimum consumer basket so that the people would be able to ensure a minimum standard of living for themselves. When we were holding pre-election meetings in provinces, in particular with the employees of the n...

Oil prices for 23 May: WTI Crude Oil (Light Sweet) price at NYMEХ Stock Exchange down by 4.09% to $58.59 per barrel. Brent Crude Oil price at London’s IСE Stock Exchange down by 2.83% to $68.58 per barrel. Barrel is the unit of measurement of oil volume. One barrel equals to 159.98 liter. New York’s NYMEХ (New York Merchantile E...

The Central Bank of Armenia informs “Armenpress” that today, 23 May, USD exchange rate up by 0.34 drams to 479.98 drams. EUR exchange rate down by 1.20 drams to 534.46 drams. Russian Ruble exchange rate down by 0.05 drams to 7.42 drams. GBP exchange rate down by 1.35 drams to 606.50 drams. The Central Bank has set the following ...

Asian main indexes values for 23 May: “Armenpress” reports the value of Japanese NIKKEI down by 0.62% to 21151.14 points, Japanese TOPIX down by 0.36% to 1540.58 points. Chinese Shanghai Composite down by 1.35% to 2852.52 points, and HANG SENG down by 1.58% to 27267.13 points. The Nikkei-225 Stock Average is a price-weighted ave...

The concrete impact of global warming and the changing nature of the Arctic region are the focus of an OSCE PA visit hosted by the Norwegian parliament this week. In Svalbard, one of the world’s northernmost inhabited areas, OSCE parliamentarians explored new local realities in the High North and considered how climate change p...

Armenian Prime Minister Nikol Pashinyan has addressed IMG Group’s commencement of manufacturing at the Merdzavan factory. The consumer electronics and home appliances manufacturer opened its plant in December 2018 in the Armenian town and will soon introduce the first ever Armenian-made TV sets under the ADAMIAN brand. Speaking ...