War is profitable for arms suppliers but threatens the participants in hostilities with bankruptcy, and in these terms, the conflict between Armenia and Azerbaijan is no exception, an article …
Iran’s Khamenei: Armenia-held land In Karabakh ‘must be returned’
Iran’s supreme leader Ayatollah Ali Khamenei said Tuesday that Armenian-held territory in Azerbaijan “must be returned” and warned the conflict in Nagorno-Karabakh was threatening regional security.
Armenia to spend 65.1 billion drams on road repair in 2021
The government of Armenia will allocate 65.1 billion drams for the repair of road infrastructure in 2021, Deputy Minister of Territorial Administration and Infrastructures Vache Terteryan said on …
Azerbaijan Says 91 Civilians Killed, More Than 400 Wounded Since Start Of Nagorno-Karabakh Fighting
Azerbaijan says that 91 civilians have been killed and hundreds more wounded since the resumption of fighting with Armenian forces over the breakaway region of Nagorno-Karabakh more than a month ago.
Another plane delivering humanitarian aid from Russia arrives in Armenia
Armenia’s Civil Aviation Committee reports that the flight transported essentials, medicine, food, warm clothes and medical items to Armenia. “As we have stated earlier, from the first day the …
Armenian Ministry of Finance expects increase in tax revenues by end of 2020
The Armenian Ministry of Finance expects an increase in tax revenues by the end of 2020, Finance Minister Atom Janjughazyan said on Monday, presenting the draft state budget for 2021 to parliamentary …
Yerevan Court Releases Nephew of Former Armenian Finance Minister on 30 Million AMD Bail
Yerevan’s Court of General Jurisdiction, on October 29, released Karen Khachatryan, the nephew of former Armenian Finance Minister Gagik Khachatryan, on 30 million AMD ($60,760) bail.
Armenia Calls for Probe Into ‘Foreign Mercenaries’ in Karabakh
Armenian Prime Minister Nikol Pashinyan, in a Facebook post, said the involvement of “foreign mercenaries” was “a threat not only to the security of Nagorno-Karabakh and Armenia but also to …
Armenia GDP decline forecast revised downward to 6.8%
The Ministry of Finance has revised the forecasted decline in Armenia’s economy in 2020 from 2.6% to 6.8%, Finance Minister Atom Janjughazyan said on Monday, Sputnik Armenia reports. “The forecast …
Armenia GDP decline forecast revised downward to 6.8%
The Ministry of Finance has revised the forecasted decline in Armenia’s economy in 2020 from 2.6% to 6.8%, Finance Minister Atom Janjughazyan said on Monday, Sputnik Armenia reports. “The forecast …