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.
Dependent on outside aid and braced for renewed clashes with Azerbaijan, there are fears Karabakh Armenians might soon be forced out of the breakaway region for good.
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.
Azerbaijan's blockade of the Lachin Corridor comes as it accuses Armenia of dragging its feet over the fate of another critical route, the would-be Zangezur Corridor.
Armenia says the plan amounts to a territorial claim, while domestic critics say it is meant as a nationalist distraction to the country’s real problems.
