Armenia

Increasingly aggressive rhetoric from Azerbaijan suggests that risks of a military confrontation with Armenia over the disputed Nagorno-Karabakh region are rising. With the country... 2012-01-26

Renewed skirmishes between Armenian and Azerbaijani troops along the border of the breakaway Nagorno-Karabakh region continue to overshadow the region's political risk profile. We continue... 2011-11-22

Armenian industrial production growth slowed to 10.2% year-on-year in July, down sharply from 24.7% in June and below the year-to-date average of 12.2%, suggesting that a downtrend... 2011-09-27

We are upgrading our short-term political risk rating for Armenia on account of falling inflation and improvements in the country's labour market. Our latest upgrade has seen the 'social... 2011-09-27

Monetary easing in Armenia has further to run after the central bank began lowering the refinancing rate by 50 basis points in September to 8.00%. With inflationary pressures rapidly... 2011-09-26

We have lowered our real GDP growth forecast for Armenia to 3.4% and 2.0% for 2011 and 2012 respectively, down from our previous forecast for 6.2% and 5.8%. Even taking into account... 2011-09-22

While all three Caucasus states score poorly in our security/external threats category of our short-term political risk rating, this is largely due to the existence of 'frozen conflicts'... 2011-07-26