There are a lot of reasons why Armenia’s issue of its first sovereign bond issue was a bad idea. Policy Forum Armenia has published an interesting analysis, listing a total of 6 reasons. Continue reading
As more bad news emerge about Japan’s Fukushima Daiichi nuclear plant, which was hit by last month’s devastating earthquake and tsunami, I become increasingly uneasy about Armenia’s Soviet-built Metsamor plant.
A young crook, claiming to be a great scientist and a member of a NASA space mission, has embarrassed the hell out of high-ranking Armenian officials, using a couple of badly fabricated documents and taking advantage of the atmosphere of total ignorance in the Armenian government. Continue reading