FOREX CLUB Hosts Two Talks on the Global Economic Crisis:

Moscow (ots/PRNewswire) -

- Investing in protective assets at this time helps to provide the biggest
return
- The impact on Armenia's economy and FX market

FOREX CLUB announced that it hosted an economics conference in
Yerevan, Armenia, entitled "Global Economy in Crisis: Biggest Threats
and Ways to Save Capital", dedicated to the situation in the global
economy and its impact on the economic situation in Armenia.

(Logo: http://photos.prnewswire.com/prnh/20120517/533090 )

The event was hosted by Andrey Dirgin, Head of Research, FOREX
CLUB Group of Companies, and Mikael Verdyan, Analyst with FOREX CLUB
Group of Companies in Armenia. Leading local media were also present
at the event.

Mr Dirgin gave a speech on "How to Minimize the Impact of the
Global Economic Crisis on Equity. Key Instruments of Investment."
According to him, the situation in the eurozone is deteriorating
compared with the economic situation in the U.S., but we should not
overestimate the importance of Greece, whose share in the overall
economic structure of the EU only totals two percent. In his opinion,
the processes in the EU may pose a threat only if the situation
deteriorates dramatically as a result of a chain reaction in major EU
economies - Italy, Spain, and Portugal.

Talking about investment instruments that could reduce the impact
of the crisis on savings, the expert advised keeping investment
portfolios balanced, and investments diversified. "Focus should be
made on protective assets that provide the biggest return at a given
risk level. I recommend dividing funds between the dollar, euro, and
commodity contracts, such as gold and other secure instruments,"
Dirgin said.

Mikael Verdyan followed up Dirgin's speech with a talk on the
"Global Economy and Its Impact on the Economic Situation in Armenia:
Armenia's Foreign Exchange Market." His view is that the global
economy is still overcoming the ever-growing obstacles caused by the
2008 crisis. He predicts a 3.5% growth of the Armenian economy in the
current year despite the fact that the World Bank expects economic
growth in Armenia to be 3.8%, while the 2012 state budget stipulates
4.2%.

"We proceed from the unfavorable processes in the EU, which is
Armenia's largest trade partner. In addition, the deterioration of
the global economy has its negative impact on Russia, which is
Armenia's second largest trade partner and a major investor in the
country. Given these factors, we do not expect the growth of the
Armenian economy to be higher than 3.5%," Mr Verdyan said.

Notes for Editors

About the speakers

Andrey Dirgin graduated from the Department of International Law,
Moscow State University of International Relations (MGIMO), and the
Diplomatic Academy of the RF Ministry of Foreign Affairs as a
specialist in international economic relations. In 2005-2006, he held
the position of Leading Analyst in the preparation of a number of
studies in the United Nations Organization. From 2007 to 2008, Mr
Dirgin worked as Senior Analyst at the investment division of IFC
Metropol; from 2008 to 2009, he was Leading Expert on Global Markets
in IC BrokerCreditService. In 2010, he joined the FOREX CLUB Group of
Companies. He specialises in macro-economics in the Russian
Federation and the United States, metals, oil, currency and stock
markets.

Andrey Dirgin's biography in pdf format
[http://www.fxclub.org/sites/fxorg/files/files/press/dirguin_bio.pdf
].

Mikael Verdyan graduated from Yerevan Engineering Institute of
Economics, and completed post-graduate courses at the Economic
Research Institute of the Ministry of Economic Affairs of Armenia. In
1999-2004, he held several senior positions in Tekhsnabkomplekt.
Since 2004, he has been teaching at the Yerevan Trading Academy. From
2005, he has worked as an Analyst with FOREX CLUB Group of Companies.
He specialises in the macro-economics of the Republic of Armenia, the
commodity markets, stock and currency markets, as well as wave
analysis of currency markets.

Mikael Verdyan's biography in pdf format
[http://www.fxclub.org/sites/fxorg/files/files/press/verdian_bio.pdf
].

About FOREX CLUB Group of Companies

FOREX CLUB Group of Companies was established in 1997 and is now
one of the leading participants of the global online trading and
forex industry. FOREX CLUB provides hundreds of thousand clients from
over 120 countries with efficient access to trading in financial
markets, and offers professional educational services in online
trading, along with regular financial analysis.

The FOREX CLUB Group of Companies includes: LLC FOREX CLUB (FSFM
license #004857), FOREX CLUB INTERNATIONAL LIMITED, and the
International Academy of Investments and Trading
[http://www.traderacademy.ru ] (FSFM license #025928).

LLC FOREX CLUB is a founding member of SRO CRFIN
[http://www.crfin.ru ], a self-regulating organisation established in
order to develop an efficient model of the forex market regulation in
Russia.

Photo:
http://photos.prnewswire.com/prnh/20120517/533090

ots Originaltext: FOREX CLUB
Im Internet recherchierbar: http://www.presseportal.de

Contact:
Contact person for more information: Ivan Klyuev, Research PR
Manager, FOREX CLUB, +7-968-894-17-83,
klyuev-in@fxclub.org