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News | 2026/06/03 16:33

Doing Digital Forum and UNCHAIN Festival Partner to Advance Armenia–EU Financial Innovation

Doing Digital Forum, a leading international platform at the intersection of the digital economy and financial technology, and UNCHAIN Festival, Central and Eastern Europe’s flagship finance and technology summit, have announced a strategic partnership aimed at strengthening collaboration between Armenia’s finance and technology ecosystem and the broader CEE financial innovation landscape.The part...

News | 2026/06/03 14:02

Simple Talks: A Fresh Take on Finance with AraratBank

AraratBank and the From Simple to Simple financial literacy podcast have launched Simple Talks, a new collaborative series intended to make financial topics easier to understand through practical examples and clear explanations of financial concepts and terminology.Presented in a Q&A format, the podcast features engaging and insightful discussion. Garegin and Anita from AraratBank’s Marketing...

News | 2026/06/03 13:10

How does the deposit guarantee program work in Armenia?

When placing a deposit in a bank, the ultimate question is always the same: what will happen to my money if the bank stops operating? Such a situation can occur if the bank's license is revoked, if it becomes insolvent, or if the regulator decides to initiate liquidation proceedings.This means that the bank can no longer serve its customers, conduct operations, or return funds to depositors t...

News | 2026/06/03 12:41

Armen Pogossian Represents Armenia at Forbes Under 30 Summit China, Empowering the Next Generation of Global Entrepreneurs

Armen Pogossian, Owner of Pogossian Luxury Brand House, became the first Armenian entrepreneur to appear within the Forbes Under 30 platform in China, marking a significant milestone for Armenian entrepreneurship, luxury craftsmanship, and international business representation.

News | 2026/06/02 14:42

Batumi and Sevan routes commence, Gyumri-Yerevan train time changed

The South Caucasian Railway company is transitioning to summer season international and domestic passenger transport from mid-June. Changes have been made to both the summer routes to Sevan and Batumi, as well as the schedule of the popular Gyumri-Yerevan high-speed route:Start of routes and scheduleYerevan-Sevan-Shorja-YerevanFrom June 12 (Wed, Sat, Sun)The seasonal electric train to Lake Sevan b...

News | 2026/06/02 14:35

Statue of Lionel Messi Demolished in India: What’s the Reason

In the Indian city of Kolkata, the statue of Argentina's national football team captain, world champion, and eight-time Ballon d'Or winner Lionel Messi has been demolished. This was reported by the news agency "Asian News International" (ANI).Creation of the Structure and Reasons for ProtestsThe 21-meter tall Indian monument, depicting the Argentine forward holding the World Cu...

News | 2026/06/02 14:31

What changes have been made to the online registration system for children entering the first grade

The Ministry of Education, Science, Culture and Sports of the Republic of Armenia has presented the new procedure for electronic registration of children entering the first grade for the 2026–2027 academic year. The process will be organized in three phases to improve the system and simplify the process for parents.According to the Ministry of Education, the entire process of registration, submitt...

News | 2026/06/02 14:26

What Weather is Expected in Armenia in Early Summer

The State Institution "Hydrometeorological Service and Monitoring" has presented the weather forecasts for the upcoming days for Yerevan and the territory of the republic. During the first week of June, precipitation and wind strengthening are expected, as well as a gradual increase in air temperature:Weather in YerevanJune 2-6. In the evening hours, brief rain and thunderstorms are poss...

News | 2026/06/02 14:24

Reserve Bank of India sells $12 billion in gold to stabilize rupee

The Reserve Bank of India (RBI) sold about $12 billion in gold from its reserves in May, within just two weeks. According to the agency "Bloomberg," citing expert analysis, the aim of this move is to increase the volume of liquid foreign currency assets amid the escalating geopolitical situation in the Middle East.Ensuring liquidity and its impact on the rupeeAccording to sources, as a r...

News | 2026/06/02 14:22

What Should a Taxpayer Do When Transitioning from the Turnover Tax System to the General Taxation System

The State Revenue Committee of the Republic of Armenia (SRC) has published a video detailing the procedure for transitioning from the turnover tax system to the general taxation system during the tax year and the process for making value-added tax (VAT) deductions:Requalification and VAT DeductionAccording to the committee's explanation, if a taxpayer ceases to be considered a turnover tax pa...

News | 2026/06/02 12:07

2026 Digital Wallet Rating by Speed, Commissions, and Usability

Digital wallets are becoming more popular day by day for paying for services, making transfers, and managing daily expenses.However, from the perspective of usability, wallets differ significantly from one another. One is more suitable for QR payments in shops, another for cash replenishment via terminals, a third for transfers, and a fourth for residents of regions where not only apps but also th...

News | 2026/06/02 11:44

The Dark Side of ChatGPT. Why Florida is Demanding Billions from Sam Altman

The state of Florida has filed a lawsuit against OpenAI and its CEO Sam Altman. According to Reuters, the plaintiff claims that the company distorted facts about the safety of the ChatGPT platform, harming underage users:Main Provisions of the LawsuitThe document filed in state court by Florida's Attorney General, Republican James Utmeyer, states that the platform provided information to scho...

News | 2026/06/02 11:34

Australia's population has exceeded 28 million

The official population count of Australia has crossed the 28 million mark. This is evidenced by the latest data published by the Australian Bureau of Statistics (ABS).According to the agency's calculations, this symbolic threshold was surpassed on the morning of June 2 of the current year. Based on current demographic trends, the country's population is increasing on average by one pers...

News | 2026/06/02 11:31

Global Oil Prices Drop Amid US-Iran Negotiations

Global oil prices on international exchanges have slightly decreased as traders continue to monitor the uncertainty surrounding ongoing negotiations between Washington and Tehran. This is reported by Reuters.On the London ICE exchange, the price of Brent crude oil fell by 75 cents to $94.23 per barrel. At the same time, futures for American WTI crude oil on the New York NYMEX exchange dropped by 8...

News | 2026/06/01 18:48

How TikTok Followers Help Businesses Build Trust

People often trust what many other people already follow. That is why TikTok can help a small business become known before a buyer clicks the link. This guide explains how TikTok Followers Help Businesses Build Trust, from social proof to better first looks. TikTok has over 1 billion monthly users, and over 150 million people use it in the United States. So, a strong TikTok page can help a brand g...