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What Global Companies Lose When Decision-Making Revolves Around Headquarters

Analysis | 2026/05/15 18:30

What Global Companies Lose When Decision-Making Revolves Around Headquarters

In today’s business landscape, multinational and global corporations constantly face a critical dilemma: how to balance centralized control with the agility of local markets. Many giants fall into the trap of "Headquarters-centrism," where all strategic, tactical, and even operational decisions are made exclusively in main offices (HQ) located in major global capitals or metropolises.Whi...

Take Advantage of New Tech: Our Favorite Reads That Will Change Your Perspective

Analysis | 2026/05/14 18:11

Take Advantage of New Tech: Our Favorite Reads That Will Change Your Perspective

We live in an era where technological progress is measured not in years, but in days and hours. Concepts that seemed like pure science fiction just a decade ago—Artificial Intelligence (AI), blockchain, advanced automation, and quantum computing—are now deeply embedded in our daily routines.In this fast-paced reality, the ultimate way to stay ahead and leverage technology for your life and busines...

IDBank supports the Opening Event of Wizz Air’s “Let’s Get Lost” Campaign

Partner materials | 2026/05/14 16:47

IDBank supports the Opening Event of Wizz Air’s “Let’s Get Lost” Campaign

Participants of the latest edition of Wizz Air’s “Let’s Get Lost” campaign — travelers who boarded a flight without knowing their final destination — have arrived in Yerevan, Armenia.The mystery flight departed from London, bringing together travelers, influencers, journalists, and adventure seekers as part of one of Wizz Air’s most popular experiential campaigns.The tourists’ first stop in Armeni...

Amid Tensions Around Iran, Air Transit Through Armenia Has Increased. How Much Have Flight Fees Increased?

News | 2026/05/14 11:44

Amid Tensions Around Iran, Air Transit Through Armenia Has Increased. How Much Have Flight Fees Increased?

The military-political situation created around Iran has led to a significant increase in transit flights through Armenia's airspace and the revenues derived from them. The Ministry of Territorial Administration and Infrastructure of Armenia (TCAI), in response to a request from Sputnik Armenia, presented interesting data from the company "HayAeronavigatsia".Flight dynamics and fina...

Xi Jinping Emphasizes the Need for Effective Use of Military Communication Channels with the US in Meeting with Trump

News | 2026/05/14 11:36

Xi Jinping Emphasizes the Need for Effective Use of Military Communication Channels with the US in Meeting with Trump

Today, Thursday, a key meeting took place in the Great Hall of the People in Beijing between U.S. President Donald Trump and Chinese leader Xi Jinping. During the two-hour private conversation, which is part of Trump's state visit, the parties discussed issues related to global security and bilateral relations.Activation of Military and Diplomatic Communication Channels According to the Xinhu...

Russia includes Armenia in the list of countries with a high risk of arrest for its citizens

News | 2026/05/14 11:03

Russia includes Armenia in the list of countries with a high risk of arrest for its citizens

The Russian Foreign Ministry urges Russian citizens traveling abroad to consider the risks of extradition to the USA from third countries. This was stated in an interview with RIA Novosti by the director of the Russian Foreign Ministry's department, Grigory Lukyanchev.Legal obligations and risks According to the diplomat, many countries in the European Union and other regions have legal oblig...

US Welcomes Announcement on Lifting Bilateral Trade Restrictions Between Armenia and Turkey

News | 2026/05/14 10:52

US Welcomes Announcement on Lifting Bilateral Trade Restrictions Between Armenia and Turkey

US welcomes the announcement on lifting bilateral trade restrictions between Armenia and Turkey. This is stated in the announcement of the US Embassy in Armenia.“This step demonstrates the commitment of both countries to expand economic ties and promote lasting peace and prosperity in the South Caucasus. The ongoing efforts of Armenia and Turkey to strengthen cooperation for the benefit of the reg...

Armenia's energy system records growth. Thermal power plants become the main driver of production

News | 2026/05/13 17:56

Armenia's energy system records growth. Thermal power plants become the main driver of production

According to the Statistical Committee of the RA, in the first quarter of 2026 (January-March), 2,817.6 million kWh of electricity was produced in Armenia, which is an increase of 7.3% compared to the same period in 2025.Production structure and changes In the first three months of this year, the main growth in energy production was provided by thermal power plants (TPPs).TPPs. Growth 45.1% (1,244...