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Armenia is preparing to increase its defense budget substantially in 2025, with planned military spending expected to reach around $1.71 billion
Armenia is preparing to increase its defense budget substantially in 2025, with planned military spending expected to reach 664 billion drams (around $1.71 billion).
This marks a 20% rise over last year, Finance Minister Vahe Hovhannisyan announced during recent discussions on the draft state budget.
The expanded budget will represent 6% of Armenia's GDP, an increase of 0.7% from 2024.
Hovhannisyan noted that 55.8% of the capital budget expenditures will be dedicated to defense projects, underscoring the government’s focus on bolstering national security.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
The multinational military exercise Agile Spirit 2025 has officially kicked off in Georgia, underscoring country’s ongoing cooperation with NATO. The opening ceremony took place at the NATO–Georgia Joint Training and Evaluation Center (JTEC) in Krtsanisi.
The 14th Gabala International Music Festival opened on 24 July with a grand ceremony honouring the 140th anniversary of Azerbaijani composer Uzeyir Hajibeyli.
Iran is grappling with a worsening water crisis, with more than 20 of its 31 provinces suffering from severe shortages that have left the capital Tehran facing the risk of running dry.
A Russian general personally ordered the missile strike that brought down an Azerbaijan Airlines passenger plane last December, according to an investigative report by Minval Politika.
A nationwide poll conducted by the International Republican Institute’s (IRI) Center for Insights in Survey Research (CISR) shows that a majority of respondents support the peace treaty being negotiated with neighbouring Azerbaijan.
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