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Economy

Turkey starts paying for some Russian gas in roubles

Turkey has started paying for some its natural gas from Russia in roubles, Turkish Energy Minister Fatih Donmez said on Tuesday. In an interview with...
Economy

Biden calls on oil, gas companies to stop ‘war profiteering,’ threatens windfall tax

U.S. President Joe Biden on Monday called on oil and gas companies to use their record profits to lower costs for Americans and increase...
Economy

FLYONE ARMENIA to carry out first Yerevan-Beirut-Yerevan flight on June 16

The first Armenian national airline FLYONE ARMENIA starts regular flights to Lebanon on June 16. The first Yerevan - Beirut - Yerevan flight from...
Economy

Zara, Massimo Dutti still temporarily closed in Russia, says Inditex

Inditex retailer (Massimo Dutti, Zara, Pull and Bear, Oysho, Bershka, Stradivarius, Zara Home, Uterque brands) does not plan to resume the operation of Zara...
Economy

Japan to widen export sanctions against Russia

Japan will introduce sanctions against two Russian and one Belarusian bank and will expand the ban on goods export to Russia due to the...
Economy

US adds 71 Russian, Belarusian companies to its sanctions blacklist

The US Department of Commerce has published a blacklist including 71 legal entities from Russia and Belarus, including several aircraft makers and shipbuilders. Among other...
Economy

Armenian Economy Minister to meet Russian partners at Lars checkpoint to discuss enhancing clearance capacity

Armenian Minister of Economy Vahan Kerobyan assures that they are in daily touch with the Russian partners in order to solve the problem of...
Economy

73% of Artsakh’s 2021 state budget was provided by Armenia – Pashinyan

Assistance provided by Armenia to Artsakh in 2021 grew 122% or by 70 billion drams, while the budget of Artsakh overall grew 48% or...
Economy

Gazprom confirms suspension of gas supplies to GasTerra over failure to pay in rubles

Gazprom has confirmed complete suspension of gas supplies to Netherlands’ GasTerra B.V. due to failure to pay in rubles, the Russian gas holding said...
Economy

Russia enhances clearance capacity at key crossing point in Georgian border

The Russian government is working to enhance the clearance capacity of the border crossing points at the Russian-Georgian border, including the Upper Lars (Verkhniy...
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