Economy
Gambling Industry to Fall Under the Jurisdiction of Armenia’s Ministry of Economy
The Ministries of Economy and Finance in Armenia are set to exchange certain responsibilities. On January 22, during a session of the National Assembly, Finance Minister Vahe Hovhannisyan announced that this change is part of a package of amendments to…
World Bank Group Approves New Five-Year Country Partnership Framework with Armenia
The World Bank Group’s Board of Executive Directors has approved a new five-year Country Partnership Framework (CPF) with Armenia. The framework aims to reduce poverty and promote prosperity by creating better jobs, enhancing human capital, and improving resilience to economic…
Rocket Lab vs. SpaceX: Can Price Give Rocket Lab the Edge?
SpaceX dominates the rocket launch industry in terms of volume, but Rocket Lab is emerging as a formidable competitor by leveraging competitive pricing, particularly for smaller payloads. This strategic focus on affordability and niche markets could position Rocket Lab as…
Will Color-Coded Shelves Solve Armenia’s Dairy Market Issues?
The Armenian National Assembly is discussing a new regulation for dairy product sales that mandates color-coded shelves in retail stores. Deputy Minister of Economy Tatevik Sargsyan presented the legislative initiative, claiming its primary aim is to enhance consumer awareness and…
Cadastre Committee of Armenia to Waive Some Penalties: Correcting Past Mistakes
The Cadastre Committee has announced plans to waive penalties resulting from errors made in prior property tax calculations. This decision was revealed by Suren Tovmasyan, head of the Cadastre Committee, during the second reading of amendments to the “On Valuation…
Lotus Aims to Surpass Emira’s Magic With New EVs
Lotus, a name synonymous with lightweight engineering and dynamic performance, is at a crossroads as it transitions into the electric vehicle (EV) era. The iconic British automaker has revealed ambitious plans to surpass the success of the Emira, its final…
Official Trump Token Surges with 185% Annual Growth as Market Cap Hits $4.2B
The cryptocurrency market has recently witnessed a significant surge in interest surrounding the Official Trump Token (TRUMP), a blockchain-based asset that has skyrocketed in value by 185.84% over the past year. As of January 18, 2025, TRUMP is trading at…
Blackrock Silver Grants Long-term Incentive Awards to Boost Growth and Retain Talent
Blackrock Silver Corp. has announced the allocation of long-term incentive awards aimed at retaining and motivating key contributors within the organization. The awards, comprising 640,286 performance share units (PSUs), 89,286 deferred share units (DSUs), and 1,320,307 stock options, were granted…
Cardano’s Bullish Momentum: ADA Surges as Market Eyes Scalability and Institutional Interest
Cardano (ADA) continues to capture market attention, driven by its recent bullish performance and the strong technical indicators supporting its momentum. The cryptocurrency recorded a 24-hour price increase of 5.59%, reaching $1.13, with a market capitalization of $40.18 billion. Over…
XRP surpasses $3.3, reaching a 7-year high
XRP has shown a bullish trend in recent trading activity, making it a key point of focus for cryptocurrency investors. Based on the latest analysis, XRP is currently trading at $3.32, reflecting an impressive 24-hour price change of 11.65%. This…
Universal Income Declaration in Armenia: A Critical Examination of Challenges and Implications
Armenia’s expansion of the universal income declaration system, initiated in 2024, represents a bold attempt to enhance transparency and broaden the country’s tax base. By 2025, this system requires a wide array of citizens, from salaried employees to public servants…
Tesla Model Y’s Refreshed Design: A Bold Move or a Risky Gamble?
Tesla’s Model Y has cemented itself as one of the best-selling vehicles in the U.S. and globally, earning its place as an accessible yet innovative electric crossover. Despite its popularity, the Model Y has rarely been celebrated for its design.…
Abu Dhabi Sustainability Week 2025: Unlocking $10 Trillion in Sustainable Growth
Abu Dhabi Sustainability Week (ADSW) 2025, held from January 12–18 under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, emerged as a critical platform for addressing global sustainability challenges. The event brought together 13 heads of state,…
Housing Stock Renewal: A Major Challenge for Urban Development in Armenia
Yeghiazar Vardanyan, Chairman of the Urban Development Committee of Armenia, highlighted significant challenges related to the renewal of the country’s housing stock during a press conference summarizing the results of 2024. Despite increasing construction volumes in recent years, Vardanyan noted…
XRP’s Ascent: Key Factors Driving Its Potential Breakout in 2025
XRP, the fourth-largest cryptocurrency by market capitalization, is approaching a critical turning point. While many digital assets face volatility, XRP has shown notable resilience, trading at $2.39 and signaling the potential for a significant breakout in 2025. This potential surge…