US company acquires major Armenian mine: THIS WEEK IN BUSINESS

US company acquires major Armenian mine: THIS WEEK IN BUSINESS

- A U.S. company linked to businessman Konstantin Sokolov acquired Armenia’s Teghut mine from Russia’s VTB bank. Sokolov is also involved in U.S.-backed efforts to develop a new transit route across the South Caucasus.- Armenia’s government advanced efforts to seize AraratCement, one of the country’s largest cement companies. It’s owned by prominent businessman Gagik Tsarukyan, who has been detained on money laundering charges, which he denies.- Hundreds of people from Armenia’s fish farming industry held a protest in Yerevan, calling for government support amid Russian restrictions on trade with Armenia.#CivilNet #thisweekinbusiness #businessweekarmenia

Court places Ararat Cement under state management in Tsarukyan asset case

📍 The Armenian government takes control of Ararat Cement as authorities pursue asset forfeiture proceedings against businessman Gagik Tsarukyan.📍 Armenian lawyers criticize a proposal to ban HelpCourt.am, a website that allows lawyers to rate judges. 📍 The big ideas defining Armenia's political future- https://www.youtube.com/watch?v=FwUL5tGEY1k #CivilNet #ՍիվիլՆեթ #DailyArmenia

Report says Israel dropped Armenian Genocide recognition due to Azerbaijani pressure

📍New reporting indicates Azerbaijan successfully pressured Israel to withdraw its Armenian Genocide recognition bill after direct intervention with Prime Minister Benjamin Netanyahu. 📍UN experts question Armenia’s use of terrorism charges against Archbishop Bagrat Galstanyan and some of his supporters, while the government defends the case as a legitimate investigation into planned violence. 📍Former President Serzh Sargsyan faces charges over the 2005 sale of Gyumri’s Black Fortress while serving as defense minister. 📍Business Week Armenia- https://www.youtube.com/watch?v=_IBs0OXZ7Uc#CivilNet #ՍիվիլՆեթ #dailyarmenia

The big ideas defining Armenia's political future

Insights host Eric Hacopian joins the CivilNet podcast to explain some of the concepts he uses on his show to describe Armenia’s current political situation. These include the country’s drift into “Finlandization”, as well as his rough equivalents for two competing political mindsets in Armenia's electorate: “Weimar Armenians,” a reference to interwar Germany’s reliance on concessions and submission for security, and “Likud Armenians,” representing the Israeli ruling party’s focus on strength and deterrence that can become overly confrontational. The episode also confronts Yerevan’s strategic dilemma: pursuing peace with an adversary that continues to advance territorial claims, namely Ilham Aliyev’s “Western Azerbaijan” demands on Armenia, which Hacopian describes as a declaration of war that undermines any prospect of a lasting peace. 0:00- Introduction 0:37- What is Finlandization? 2:12- Finlandization in the Armenian context 6:38- What is the Weimar vs. Likud Armenia divide? 11:40- The flaws of both those visions 17:25- Objections to the Arm-Az "Bridge of Peace" civil society program24:16- Aliyev's "Western Azerbaijan" demands on Armenian land #CivilNet #ՍիվիլՆեթ

Tsarukyan’s business empire faces new pressure after arrest

📍 An Armenian court has placed Gagik Tsarukyan’s AraratCement under state management as prosecutors pursue a long-running illicit asset forfeiture case against the jailed opposition leader. 📍 Armenia sees an opportunity to purchase more U.S. defense technology as it strives to diversify its defense partners. 📍 EU Ambassador Maragos on von der Leyen’s Armenia visit and the future of relations- https://www.youtube.com/watch?v=7e1V5j45UuE#CivilNet #ՍիվիլՆեթ #dailyarmenia