Author: Ardanoush Artashessian

One of the most advanced nuclear-powered submarines in the United States Navy arrived in Japan on Friday, as China continues the rapid expansion of its fleet of warships in a bid to challenge American naval dominance. USS Seawolf, an attack submarine and the lead ship of its class, arrived at Yokosuka, a city in Japan’s Kanagawa Prefecture, according to a ship spotter who posted photos of the vessel on X, formerly Twitter. The prefectural government has confirmed the visit by the American submarine. The U.S. Navy describes the Seawolf and its two sister ships as “exceptionally quiet, fast, well-armed, and equipped with advanced sensors.” Each is equipped with eight torpedo tubes…

Most readers would already know that Econ Healthcare (Asia)’s (Catalist:EHG) stock increased by 5.0% over the past three months. We wonder if and what role the company’s financials play in that price change as a company’s long-term fundamentals usually dictate market outcomes. In this article, we decided to focus on Econ Healthcare (Asia)’s ROE. Return on equity or ROE is a key measure used to assess how efficiently a company’s management is utilizing the company’s capital. Put another way, it reveals the company’s success at turning shareholder investments into profits. See our latest analysis for Econ Healthcare (Asia) How Is ROE Calculated?…

Armenia and Azerbaijan are discussing the withdrawal of their troops from the border, foreign minister Ararat Mirzoyan has said. Speaking at a joint press conference with his Estonian counterpart Margus Tsahkna, Mirzoyan said that the December 7 agreement between Armenia and Azerbaijan isn’t the only confidence-building process. “This isn’t the only confidence-building agreement that was discussed. Other ideas have been, and will be discussed too. For example, around the withdrawal of troops from the Armenian-Azerbaijani interstate border. We believe that the withdrawal of troops will really have a positive impact and will help to avoid a new possible escalation. I’m not saying…

Armenia and Azerbaijan agreed Thursday to exchange prisoners of war and work toward signing a peace treaty in what the European Union hailed as a major step toward peace in the long-troubled region. The two countries said in a joint statement they “share the view that there is a historical chance to achieve a long-awaited peace.” They said they intend “to normalize relations and to reach the peace treaty on the basis of respect for the principles of sovereignty and territorial integrity.” Azerbaijan waged a lightning military campaign in September in the separatist region of Nagorno-Karabakh. The offensive ended three decades of rule there…

Armenia’s prime minister says there’s broad agreement on mutual recognition of territorial integrity, border demarcation, and the opening of transport links. Over the past week Prime Minister Nikol Pashinyan and other Armenian officials have been hinting that a peace deal with Azerbaijan could be imminent. They say the sides have reached agreement on three core principles of a deal while “details” remain to be settled. Pashinyan told parliament on October 30 that a peace deal is “realistic” if the sides remain faithful to the principles of mutual recognition of territorial integrity, delimitation/demarcation of the shared border based on the 1991 Almaty declaration…

Armenia is eager to develop ties with all countries in its bid to reduce its dependence on Russia. But with Iran, things are complicated. As Armenia gradually turns away from its traditional strategic ally, Russia, it is tentatively exploring deeper partnerships with the likes of France and the United States. And then there is Iran. Tehran and Yerevan have enjoyed cordial – even warm – relations since the early 1990s. That entente now looks poised to develop yet further, but geopolitics makes this a complicated proposition. The appeal of this development is most evident in the numbers. As Armenian Security Council Secretary Armen…

“Armenia must fulfil its obligations to Azerbaijan,” Turkish President Recep Tayyip Erdogan said in his speech at the 10th anniversary summit held in Astana on November 3 at the call of the Organisation of Turkic States under the name “Turkish Century”. The President said Azerbaijan has put an end to the occupation: “Azerbaijan has ended 30 years of occupation after the Patriotic War. Thus, we are one step closer to peace. Armenia must fulfil its obligations to Azerbaijan. Opening regional communications for the benefit of the entire region. As the Turkic world, we will continue to support Azerbaijan.” Source :…

The economies of Central Asia demonstrated strong growth in the first half of 2023, bolstered by a resumption of international trade and tourism, as well as high levels of migration and remittances from Russia, according to the European Bank for Reconstruction and Development’s (EBRD) latest Regional Economic Prospects (REP) report, published today. According to the Bank, GDP growth in the region is likely to remain robust at 5.7 per cent in 2023 and 5.9 per cent in 2024. The recent bout of growth – driven by government spending, China’s reopening, intermediated trade with Russia, as well as remittances, tourism and…

The Armenian government is organizing a special flight on October 16 from Tel Aviv to Yerevan to evacuate its citizens and their families who are willing to leave Israel as a safety precaution, the foreign ministry said in a statement Monday. “The flight manifest has been formed based on the applications submitted to the Armenian embassy in Israel and the Armenian Foreign Ministry, based on the chronology, presence of children and the principle of not dividing the families. The Ministry of Foreign Affairs of Armenia, including through the Armenian Embassy in Israel, is monitoring the developments of the situation and…

Erebuni-Yerevan is 2805 years old. On this occasion, the Erebuni administrative district made a post on its Facebook page, presenting a historical overview of the city. “For the first time, the anniversary of the founding of our capital – the 2750th anniversary – was celebrated in 1968, in October. Among the significant events of those days was the opening of the Museum of the Foundation of Yerevan at the foot of the Arin Berd hill and the giving of the name “Erebuni” to the street adjacent to the museum. Almost always during these days the whole city, especially Erebuni Street,…