The budget execution report of Yerevan represents the main results – achievements and failures - of activities of the city council in the given period. It shows by how much the actual revenue collection deviates from the planned level. Additionally, the report demonstrates whether the expenditures were made in accordance with the prespecified plan. The budget execution report of Yerevan also characterizes the structure of actual revenues and expenditures. The goal of the present analysis is to study the foregoing report and to make necessary conclusions. Full material is only available in Armenian.

The study of indicators and indices published by international organizations allows to address two important problems. First, to assess the performance of the RA in the given period with the help of comprehensive numerical measures, as well as to make intertemporal comparisons in order to understand whether the country moves in the desirable direction. Second, to compare the performance of the RA with other countries to ascertain Armenia’s relative position in the region and Eurasian Economic Union. These results are important, since they help to derive the comprehensive assessment of the economic situation, which is needed both for the public and the private sector. The present analysis is aimed at addressing the foregoing problems. Full material is only available in Armenian.

In the present analysis, given the data published by the Statistical Committee of the RA, we study the recent social-economic developments in the economy of the RA. In particular, we consider the cumulative indicator of economic activity of the given month, its sectoral distribution, as well as the dynamics of individual sectors of the economy. We also analyze economic developments in the foreign trade, labour market and fiscal system of the RA. In addition, some aspects of the financial system (inflation, deposits and loans), as well as the behaviour of the exchange rate, are touched upon. Full material is only available in Armenian.

During and in the aftermath of the 2020 44-day war launched by Azerbaijan against Artsakh, the Azerbaijani encroachment and aggression on the rights of Artsakh Armenians, as well as the current blockade of Artsakh, which has lasted for more than two months, make the internal Armenian discussions about the recognition of Artsakh more acute. This article does not seek to discuss the expediency of recognizing the independence of Artsakh at this stage, but examines the possibility of recognition in the United States, if such a need arises in one way or another. In this case, the process could be started from the USA, considering that the United States is a superpower and there are states in the USA that have already recognized the independence of Artsakh. This article will present the perspective of the recognition of the Republic of Artsakh in the USA, the peculiarities of the recognition process in the states that have recognized the independence, as well as the role of Armenian lobbyists and the Armenian community in the USA. Full material is only available in Armenian.

The study of indicators and indices published by international organizations allows to address two important problems. First, to assess the performance of the RA in the given period with the help of comprehensive numerical measures, as well as to make intertemporal comparisons in order to understand whether the country moves in the desirable direction. Second, to compare the performance of the RA with other countries to ascertain Armenia’s relative position in the region and Eurasian Economic Union. These results are important, since they help to derive the comprehensive assessment of the economic situation, which is needed both for the public and the private sector. The present analysis is aimed at addressing the foregoing problems. Full material is only available in Armenian.

In the present analysis, given the data published by the Statistical Committee of the RA, we study the recent social-economic developments in the economy of the RA. In particular, we consider the cumulative indicator of economic activity of the given month, its sectoral distribution, as well as the dynamics of individual sectors of the economy. We also analyze economic developments in the foreign trade, labour market and fiscal system of the RA. In addition, some aspects of the financial system (inflation, deposits and loans), as well as the behaviour of the exchange rate, are touched upon. Full material is only available in Armenian

One of the main goals of economic policy is ensuring economic growth, although the stability of economic growth is often more essential than its growth rate, as under conditions of inconsistent growth, predictability decreases as well as the implementation of investment projects oriented to long-term development is jeopardized.

The research is dedicated to the comprehensive analysis of economic growth for revealing the optimal track of economic development of RA.

The research carried out the analysis of the current economic situation of RA and its development dynamics, observed the most significant changes that resulted from the upheavals in recent years and their impact on economic growth.

Taking into account that in recent years, the economic growth occurs without the "significant involvement" of industry and agriculture, the research refers to the perspectives and threats of such growth. For this purpose, the structure of the RA economy was compared with several countries with similar macroeconomic conditions. Considering the fact that the decrease in the "role" of the "exportable" sectors of the economy was mainly caused by the sharp increase in capital inflow (external remittances) as a result of the Russian-Ukrainian armed conflict, the impact of this increase was also analyzed. Full material is only available in Armenian.

In the United States, the election of the speaker of the House of Representatives takes place once every two years after the results of the midterm elections. Nancy Pelosi, the former speaker of the House of Representatives lost her position as a Speaker following the victory of the Republicans in the lower house of the U.S. Congress.  The new Speaker of the 118th U.S. Congress won a majority only in the 15th round of voting, demonstrating the division within the Republican Party. This article will address the role of the Speaker of the House of Representatives in the U.S. political system as well as the peculiarities of the Speaker’s election, the complications associated with the election of the newly elected Speaker, the role of Donald Trump in those elections and the cooperation of the newly elected Speaker with the Armenian community in the United States. Full material is only available in Armenian.

Geopolitical transformations have radical effects in many spheres of public life. Its most prominent manifestations are observed in ethno-political conflicts and their settlement processes, especially  when they are accompanied by serious regional turbulent processes. The Nagorno-Karabakh conflict and its settlement process are the most typical cases of such perturbations. Due to the 2018 change of power in Armenia, the normally developing process of Nagorno-Karabakh conflict settlement within the framework of the main principles of international law ended up in sharp upheavals, succumbing to the logic of the sharply heated West-Russia geopolitical confrontation. The formation of antagonistic relations between the co-chairs of the Minsk Group undermined their mediation efforts, which leaves two options for the resolution of the conflict in the conditions of the effects of the Azerbaijani-Turkish aggression of 2020, the continuous aggressive actions of Azerbaijan: the realization of the right to self-determination with the support of international community or the genocide of the people of Nagorno-Karabakh. Full material is only available in Armenian.

For Americans, the Vietnam War is the bloodiest in the entire history of the state's existence. 8 years of military interventions took the lives of 60,000 people. 300,000 wounded and disabled soldiers returned to America from the battle zones, and 2,000 or more soldiers were considered missing. This war became a great psychological trauma for the American people. This war was one of the few in which American citizens were directly involved, in which they died, and in which they lost. As a result, among the ordinary citizens of the United States, there was a fear of new wars in which the United States may take part. In other words, because of the "Vietnam syndrome", the Americans simply refused to protect the interests of another nation at the cost of risking their own lives.

In the case of the war unleashed by Azerbaijan against Artsakh on September 27, 2020, for example, Syrian mercenaries fought on the part of Azerbaijan. According to the Syrian Court of Human Rights, at least 2,050 mercenaries in groups of 400 were taken out of Syria since the beginning of the armed conflict. This is a result of the fact that according to the materials appearing in various media after the April four-day war in 2016, the majority of the Azerbaijani population refused to participate in the conscription and serve in the army, realizing and evaluating the consequences of possible participation in the war. Full material is only available in Armenian.