Despite its capital's grandiose façade, Armenia is currently the poorest country in the South Caucasus. The aftermath of the 1988 Spitak Earthquake, remnants of the Soviet Union, current geopolitics, high rental rates, and failures of social security efforts might be the reason.
Disclaimer: The data presented in this article was largely compiled before the Hamas attacks of October 7 and the ensuing violence in the region. The current conflict, tragic loss of life, and heightened
Public transportation has larger implications than most people realize. These effects are across a spectrum of issues, from the world of finance to global warming. One estimate suggested that, “an investment of $10