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Search | 139 Articles

The leaders of Armenia and Azerbaijan meet with EU President Charles Michel in Brussels. (president.az)

EU emerges as major player in Armenia-Azerbaijan negotiations

The last two meetings between the two countries’ leaders have been in Brussels. Moscow has noticed.
Heydar Isayev, Joshua Kucera, Ani Mejlumyan May 25, 2022
dram

In regional economic turmoil, Armenian currency sharply rises

The dram has gained about 15 percent against the dollar in recent weeks, bolstered by an influx of Russians to Armenia and a move to buy gas in rubles rather than dollars.
Ani Mejlumyan May 4, 2022
Armenia job

Armenian labor migrants reassess work in collapsing Russian economy

Remittances from migrants in Russia amount to about 5 percent of Armenia’s GDP. Sanctions are putting that at risk.
Ani Mejlumyan Apr 29, 2022
Armenia Gazprom

Armenia and Russia working to dedollarize bilateral trade

The central banks are discussing a ruble-dram exchange to facilitate the move from dollars.
Arshaluis Mgdesyan Apr 21, 2022
Aghavni Navasardyan

Influx of Russians triggers real estate speculation in Yerevan

Many landlords appear to be taking short-term advantage as tens of thousands fleeing war, repression, and sanctions flood the market.
Ani Mejlumyan Mar 28, 2022
Azerbaijan railways

Azerbaijan, Iran sign transport deal bypassing Armenia

The route is an alternative to a corridor crossing Armenia, one of Azerbaijan’s key demands since the 2020 ceasefire.
Heydar Isayev Mar 18, 2022
Ukraine colors

Explainer | The South Caucasus braces for Russia’s hard landing

Their economies are exposed, but political concerns remain paramount.
Maximilian Hess Mar 16, 2022
ZCMC

Armenia: Russian mining takeover bears hallmarks of old regime

The prime minister promised to do business differently. But he owes Moscow.
Arshaluis Mgdesyan Mar 14, 2022
Yerevan

Armenia anticipates influx of Russian businesses, capital

As they struggle to manage the new sanctions regime, many Russian IT firms are looking at Armenia as a potential new home.
Arshaluis Mgdesyan Mar 10, 2022
EAEU

Explainer | What about the EAEU? Why Russia’s trade bloc is not a sanctions backdoor

The idea that the Eurasian Economic Union can help Moscow violate sanctions is exaggerated.
Maximilian Hess Mar 4, 2022
Tskhinvali Donbas

Putin’s Donbas recognition reverberates in Caucasus

Every country in the region has its own relationship with self-proclaimed breakaway republics, forcing them to reckon in their own ways with Russia’s moves in Ukraine.
Joshua Kucera Feb 22, 2022
ServiceTitan

Armenia’s tech industry: Promise fulfilled?

Even as tech has created good opportunities for a small middle class in Armenia, the sector’s effect on the country’s economy as a whole has grown less noticeably.
Ani Mejlumyan Feb 16, 2022
Zvartnots

Out-migration in Armenia increasing

Newly released data confirm that the numbers of Armenians leaving the country are comparable to previous periods of economic and political crisis.
Ani Mejlumyan Feb 10, 2022
Armenia Turkey border

Armenian businesses see both opportunity and threat from opening of Turkish border

While the government has been pushing the potential benefits of easier cross-border trade, many businesspeople aren’t so sure.
Arshaluis Mgdesyan Feb 10, 2022
Dadivank

Azerbaijan walks back plans to erase Armenian traces from churches

The Ministry of Culture issued a new statement responding to international criticism of an earlier announcement that it intended to “remove” Armenian “forgeries” from churches on its territory.
Heydar Isayev, Ani Mejlumyan Feb 8, 2022

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