Small business owners in Armenia staged a protest outside the government building on Monday, voicing strong opposition to a proposed tax increase they say will worsen economic conditions and threaten their operations.
According to Armenian media, protesters collected more than 2,300 signatures against the new tax burden.
Hakob Avakyan, head of the Association for SME Cooperation, stated that the government refuses to engage in dialogue with the business community, adding that decisions are being made without considering the opinions of entrepreneurs. He warned that the authorities’ refusal to revise their decision could have the opposite effect of what they intend.
Protesters also criticized the government for making administrative documentation processes excessively complicated. Ermine Tovmasyan, head of the Armenian Association of Accountants, added that the likely outcome of the new taxation rules would be an increase in the number of accountants operating off the books.
As of January, the turnover tax rate was doubled — from 5% to 10% for trade and from 3.5% to 7% for manufacturing. Additionally, a new regulation coming into effect on July 1 will remove preferential tax treatment (on VAT and corporate profit tax) for construction, real estate, legal, and accounting companies.
Tensions between Iran and Israel continue to escalate, with Tehran condemning Israel’s airstrikes and emphasizing its defensive stance.
Russian President Vladimir Putin said a peaceful resolution between Iran and Israel is possible if all sides are involved. He emphasized the need to respect Iran’s right to peaceful nuclear energy and ensure Israel’s security.
Russian President Vladimir Putin has stated that Moscow remains open to dialogue and negotiations on all issues, including Ukraine. He made these remarks during a traditional meeting with the heads of leading global news agencies held as part of the St. Petersburg International Economic Forum SPIEF
Putin Highlights Strengthening Russia-Vietnam Energy Ties at SPIEF
News agencies from the US, UK, France, and other countries met with Russian President Vladimir Putin during the St. Petersburg International Economic Forum. The meeting aimed to foster dialogue and information exchange between the media and the government.
Tensions between Iran and Israel continue to escalate, with Tehran condemning Israel’s airstrikes and emphasizing its defensive stance.
Türkiye’s Minister of National Defense Yaşar Güler announced that security measures along the borders have been increased due to recent developments at the Iranian border. Güler traveled to Van with high-ranking military officials to conduct inspections along the Iran border.
Russian President Vladimir Putin said a peaceful resolution between Iran and Israel is possible if all sides are involved. He emphasized the need to respect Iran’s right to peaceful nuclear energy and ensure Israel’s security.
Russian President Vladimir Putin has stated that Moscow remains open to dialogue and negotiations on all issues, including Ukraine. He made these remarks during a traditional meeting with the heads of leading global news agencies held as part of the St. Petersburg International Economic Forum SPIEF
Putin Highlights Strengthening Russia-Vietnam Energy Ties at SPIEF
Peace is no longer a dream. It is a discussion. On the streets of Baku and Yerevan, it is also a question, of trust, of foreign interests, and of who truly wants it.
Israeli strikes have reportedly targeted areas near the residences of Iran’s Supreme Leader Ayatollah Ali Khamenei and President Masoud Pezeshkian, according to the New York Times, citing local witnesses.
Azerbaijan Airlines (AZAL) has cancelled certain flights scheduled for 13th and 14th June amid recent escalation of situation in the Middle East and the closure of airspace in several countries for security reasons.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 17th, covering the latest developments you need to know.
The 2025 G7 Leaders’ Summit was held June 15–17 in Kananaskis, Alberta, under Canada’s presidency. Prime Minister Mark Carney framed the meeting around priorities of protecting communities, energy and climate security, the digital transition, and future partnerships.
Türkiye’s Defense Minister Yaşar Güler said cooperation between Türkiye and Azerbaijan is vital for regional peace and stability, highlighting their strong defense under the principle “Two states, one nation, one army.”
Türkiye’s Minister of National Defense Yaşar Güler announced that security measures along the borders have been increased due to recent developments at the Iranian border. Güler traveled to Van with high-ranking military officials to conduct inspections along the Iran border.
Russian President Vladimir Putin said a peaceful resolution between Iran and Israel is possible if all sides are involved. He emphasized the need to respect Iran’s right to peaceful nuclear energy and ensure Israel’s security.
Russian President Vladimir Putin has stated that Moscow remains open to dialogue and negotiations on all issues, including Ukraine. He made these remarks during a traditional meeting with the heads of leading global news agencies held as part of the St. Petersburg International Economic Forum SPIEF
Putin Highlights Strengthening Russia-Vietnam Energy Ties at SPIEF
Tensions between Iran and Israel continue to escalate, with Tehran condemning Israel’s airstrikes and emphasizing its defensive stance.
Türkiye’s Minister of National Defense Yaşar Güler announced that security measures along the borders have been increased due to recent developments at the Iranian border. Güler traveled to Van with high-ranking military officials to conduct inspections along the Iran border.
Russian President Vladimir Putin said a peaceful resolution between Iran and Israel is possible if all sides are involved. He emphasized the need to respect Iran’s right to peaceful nuclear energy and ensure Israel’s security.
Russian President Vladimir Putin has stated that Moscow remains open to dialogue and negotiations on all issues, including Ukraine. He made these remarks during a traditional meeting with the heads of leading global news agencies held as part of the St. Petersburg International Economic Forum SPIEF
Putin Highlights Strengthening Russia-Vietnam Energy Ties at SPIEF
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