Huge oil money flowing into the country inevitably conserves political and economic system of the country. Such a stability suits everybody for the time being. The authorities collect rental fees from these flows and the masses are satisfied with the stability and the oil flows that fall to their share. Although economic system is significantly deformed by the oil money, the situation remains acceptable, till oil flows into the economy are exhau...
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In a significant diplomatic move, President Kassym-Jomart Tokayev of Kazakhstan embarked on an official visit to Armenia, marking a pivotal moment in the relationship between the two nations. The meeting between President Tokayev and Armenian Prime Minister Nikol Pashinyan resulted in the signing of a joint statement aimed at fostering cooperation and easing tensions that had simmered between the two countries.
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