Average Monthly Wage in Armenia Lowest among Caucasus States

Average monthly wage in Armenia is more than 3 times less than the global average, which is estimated to be equal to $1,480 a month according to the study published last year by the United Nations’ International Labour Organization (ILO). Furthermore, the average wage in Armenia is the lowest among the three Caucasian states.

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The Economist says Armenia is "in the vice"

“Armenia has a class of “30-something” technocrats, whose western education and global outlook means they are less rooted in the Soviet mentality than their elders. That bodes well for the future,” The Economist writes in a blog-post about Armenia published this week.

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U.S. Intelligence Official: Fighting could flare between Armenia and Azerbaijan

A top U.S. intelligence official has indicated, that the situation in the Caucasus could get tense with fighting erupting between Armenia and Azerbaijan over the disputed region of Nagorno-Karabakh. The Senate Select Committee on Intelligence held an open hearing on 2 February 2010, entitled “Current and Projected Threats to the United States,” as the latest in an annual series of hearings examining US national security issues. In his testimoney before the Senate Committee the Director…

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