Trade in Gems and Precious Metals Affects Armenia’s Economy – Current Crude Oil Prices
Armenia’s Trade Turnover Plummets Armenia’s foreign trade turnover experienced a staggering 53% drop in the first four months of 2025, largely attributed to a sharp decline in the import and export of gemstones and precious metals, particularly diamonds and gold. For this period, Armenia’s total trade volume was reported at $6.3 billion, according to data […]
Syria’s Setback, Armenia’s Discontent – Is Russia Losing Control in Asia Because of the Ukraine Conflict?
The alliance between Russia and Armenia, a long-time ally from the Soviet era, is facing significant strain. This is due to unmet defense commitments from Moscow amid its ongoing conflict in Ukraine. Armenia has openly expressed frustration over Russia’s inability to provide support during regional disputes. Armenia, located in Western Asia and bordered by Azerbaijan […]