01 Nov, 23

Armenia Faces Russia’s Economic Might As Tensions Rise

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Armenia’s relations with its strategic partner Russia are getting worse and worse and its leaders seem to desire a shift in geopolitical orientation towards the West.  But a look at Russia’s powerful levers over the country makes that kind of thinking seem delusional.  And Moscow has begun dropping hints of how much economic pain it can inflict on Armenians.  Armenian officials offer assurances that all is fine on the economic front, but economists and businesspeople are increasingly worried about possible consequences of the political…

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