- An unprecedented work stoppage at the Zangezur Copper-Molybdenum Combine, Armenia’s largest and most profitable enterprise, continued into the weekend. A spokesperson told CivilNet the company is incurring daily losses of about $1 million.
- Armenia cut interest rates by 25 basis points to 6.75%, as inflation continues to remain well below the Central Bank’s 3% target level.
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Swiss Parliament Greenlights Peace Forum for Nagorno-Karabakh
By Paul Vartan Sookiasian The Swiss government is now mandated to host a “Peace Forum for Nagorno-Karabakh” following the passage of a bill in the parliament’s upper house, the Council of States, concluding a multi-step legislative process that has unfolded over the past half year. Modeled on a similar forum Switzerland organized for Ukraine, the Peace Forum aims to provide a unique platform for dialogue between representatives of Nagorno-Karabakh and Azerbaijan. The motion’s stated objective is to “ensure the safe, collective, and dignified return of the forcibly displaced Armenian population to their historical homeland.” The National Assembly, the parliament’s lower […]
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Pashinyan’s office urges Baku to continue normalization, refutes ceasefire breaches
By Alexander Pracht In a statement released Tuesday, Armenian Prime Minister Nikol Pashinyan’s Office denied Azerbaijan’s accusations regarding alleged border ceasefire violations, while also advocating for the signing of a normalization treaty between the two nations. Since Sunday, Azerbaijan’s Defense Ministry has issued six separate reports claiming its forces have come under fire from the Armenian side. However, Armenia’s Defense Ministry refuted all allegations following a review, emphasizing that Azerbaijan has not provided any facts or substantiation about the claims. Furthermore, it noted that despite repeated offers to establish a joint mechanism for investigating such incidents, first proposed last June, […]
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The impact of U.S. aid cuts on Armenia’s civil society
By Tigran Grigoryan As anticipated, the new Trump presidency is creating serious challenges for civil society and independent press around the world. The recent decisions by the administration to freeze foreign aid and curtail the activities of the U.S. Agency for International Development (USAID) have had a crippling effect on Armenia’s civil society and independent media. Apart from USAID, organizations like the National Endowment for Democracy, which has been a major supporter of Armenia’s civil society and media, have also faced difficulties accessing their allocated funds, forcing them to at least temporarily halt most of their operations. This has significantly […]
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US security advisor calls on Baku to sign normalization deal,
By Alexander Pracht U.S. National Security Advisor Michael Waltz has called for the swift completion of the Armenia-Azerbaijan normalization deal and the release of Armenian prisoners held in Baku. In a post on X on Sunday, Waltz said he had spoken with Hikmet Hajiyev, an aide to Azerbaijani President Ilham Aliyev. “We are pleased Azerbaijan and Armenia have taken a big step forward and agreed to a peace treaty […] We should finalize this peace deal now, release the prisoners, and work together to make the region more secure and prosperous,” Waltz wrote. Armenia and Azerbaijan announced last Thursday that […]
