The Armenian banking sector is booming thanks to the influx of Russian capital due to the war in Ukraine. But only a paltry amount is entering the Armenian economy.
Moscow curries favor, neighbors seek more gas, and Turkmenistan’s colossal methane pollution could power Afghanistan at little cost many times over. Our weekly Turkmenistan briefing.
Kyiv has long taken a pro-Azerbaijan position vis-a-vis the conflict with Armenia. Now officials say that Armenia and Russia are using the blockade to try to steal attention from Ukraine.
The president’s authority now looks desperately weakened, which means that if anything should happen to his 65-year-old father, a crisis of legitimacy could ensue. Our weekly briefing.
The country’s revenues from oil and gas, on which its economy depends, grew significantly in 2022, a benefit of the sanctions on fellow hydrocarbon producer Russia.
The former president ended 2022 in the spotlight: He got a new city named in his honor, his poem set to music by his grandson on state television, and compliments from Russia. Our weekly Turkmenistan briefing.