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Activists sue to halt financing of Armenia’s Amulsar gold mine: THIS WEEK IN BUSINESS

  • A group of civil society organizations and concerned citizens filed a lawsuit challenging the Armenian government’s decision to grant the operator of the long-stalled Amulsar gold mine a $150 million loan guarantee. Lydian did not immediately comment.
  • Armenia’s Central Bank held interest rates unchanged at 6.75%, citing increased global uncertainty amid U.S. President Donald Trump’s escalating trade war.
  • Armenia’s national debt now tops $13.6 billion and is set to approach $14 billion by the end of the year, Finance Minister Vahe Hovhannisyan told reporters.

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