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Global Affairs

“US Dollar Strengthens Against Armenian Dram, Euro and Pound Show Mixed Performance”

Find out the latest exchange rates for the US dollar, Euro, British Pound, and Russian Ruble in Armenia. Discover where to buy and sell these currencies in Armenian, European, and Russian banks. Stay updated with accurate information from the official website of the Central Bank.

“Estonia Commits to Strong Defense: Plans to Spend 3% of GDP, Allocate 1.3 Billion Euros for Military Equipment”

Estonia’s Chief of Staff, Gen. Martin Herem, plans to spend 3% of GDP on defense, allocating 1.3 billion euros. In two years, Estonia aims to surpass Ukraine in military readiness. Half of the budget will be used for equipment, posing a significant risk to opponents within a 240km radius.

“Armenian-Turkish Update: Earthquake Strikes Turkey’s Kahramanmaras, Stirring Memories of Past Destruction”

An earthquake with a magnitude of 3.5 strikes in Turkey’s Kahramanmaras region, as reported by AFAD. This area was previously affected by earthquakes in February 2023, causing significant damage and displacing thousands of people. Latest Armenian news.

“European Union Sounds Alarm as Gaza Faces Severe Water Crisis: Urgent Action Needed to Prevent Humanitarian Disaster”

EU confirms severe drinking water shortage in Gaza due to inadequate sanitation. Urgency to address as global issue to prevent humanitarian crisis and loss of life. Military ops exacerbate water insecurity.

China’s Economic Powerhouse Continues to Thrive: GDP Growth Rate to Exceed 4.3% with Manufacturing Sector on Steady Growth Path

China’s annual GDP growth rate is projected to exceed 4.3%, with steady growth in the manufacturing sector. By 2023, China’s manufacturing output is set to make it the world leader, boosting its global position.

Red Sea Energy Transfer Issues Cause Oil Prices to Soar, Ending the Week on a High Note

Oil prices rise on Friday, ending the week with strong gains due to Red Sea energy transfer problems caused by Yemeni rebel attacks. Brent crude reaches $80.04 per barrel, up 0.82%, while WTI crude rises to $74.49 per barrel, a 0.81% increase. Prices have risen 4.5% and 3% respectively since the start of the week.

“Pope Francis Hails Release of Armenian and Azerbaijani Prisoners, Calls for Lasting Peace in South Caucasus”

Pope Francis expresses joy at the release of prisoners of war in Armenia and Azerbaijan, hoping it leads to lasting peace. Vatican officials report his plea for a quick ceasefire agreement.

Armenian President Armen Sarkissian Commits to Global Climate Change Responsibilities, Targets 60% Renewable Energy by 2040

Armenian President Armen Sarkissian highlights Armenia’s commitment to tackling climate change and reducing carbon emissions. He emphasizes the country’s targets for renewable energy and ambitious transition to alternative forms of energy. Efforts to reduce dependence on traditional fuel and promote innovative solutions are crucial. Sarkissian underscores the importance of meeting global obligations and responsibilities.

ICANN Warns of Global Internet Infrastructure Collapse Threat

The global internet infrastructure faces risk as ICANN warns about potential collapse, emphasizing the importance of separating national sovereignty from technical coordination. ICANN CEO calls for comprehensive oversight to protect the stability of the internet and the rights of global citizens.

“US Dollar Slightly Drops in Armenia’s Exchange Rate; Euro and Pound Follow Suit”

Today’s US dollar exchange rate is 402.72 drams, declining by 0.20 drams from the previous day. Euro, British pound, and Russian ruble rates also fluctuate. Learn more about currency exchange rates in Armenia.