Yerevan has been trying to resist pressure from Washington to cut ties with its southern neighbor. But Armenia's private banks have been making it more difficult to do business.
Republicans have successfully branded their political foes as “socialists” in the eyes of many Russian-speakers, said an expert on the émigré community.
Washington is increasingly assertive in its criticism of Armenia’s ties with Russia and Iran, but it’s not clear whether it has the clout to do anything about Yerevan’s allies.
The current situation bears resemblance to the 1950s, when both the U.S. and the USSR were engaged in an arms race with few ways to prevent misunderstandings.
