At all levels. Armenia threw a new challenge to Putin
Category
Politics
Publication date

At all levels. Armenia threw a new challenge to Putin

Nikol Pashinyan
Source:  online.ua

On September 1, Armenian leader Nikol Pashinyan officially announced that his country had frozen its participation in the Collective Security Treaty Organization (CSTO) "at all levels."

Points of attention

  • Armenia is considering the possibility of final withdrawal from the CSTO.
  • Prime Minister Nikol Pashinyan supports the idea of European integration and considers the possibility of carrying out reforms to strengthen democracy in the country.
  • The European Parliament has already expressed its support for the possibility of Armenia's membership in the EU.

Armenia is getting closer to the final withdrawal from the CSTO

The Prime Minister of Armenia emphasized that, as of today, he "considers this decision to be sufficient."

He also publicly speculated about what would have to happen for his country to finally leave the organization.

There can be discussions... I respect all opinions, but on the other hand, we made the decision we made. We don't see the need to make another decision at this time, but that doesn't mean we won't see the need to make another decision at the next moment.

Nikol Pashinyan

Nikol Pashinyan

Prime Minister of Armenia

What is important to understand is that on June 12, 2024, the Armenian authorities officially announced that they would withdraw from the Collective Security Treaty Organization (CSTO), a security organization created by Russia, a kind of anti-NATO.

"We will leave (the CSTO. — ed.), are you scaring me with this? We are fine, we will decide when we leave... And what do you think? What will be the next step? Do you think we will go back? No, there is no other way "Don't worry, we won't go back," Pashinyan said then.

Armenia can join the EU

The head of the Ministry of Foreign Affairs of Armenia, Ararat Mirzoyan, was the first to make a statement on this matter.

He noted that official Yerevan is indeed considering the possibility of applying for membership in the European Union.

Already on March 13, the European Parliament adopted a resolution proposing to consider the possibility of Armenia's membership in the EU.

If Armenia is interested in obtaining the candidate status and continues to follow the path of stable reforms that strengthen its democracy, this can become the basis for the stage of transformation in EU-Armenia relations, the document said.

According to Armenian political scientist Ruben Mehrabyan, supporters of the current government and a considerable part of the extra-parliamentary opposition support this development.

Category
Economics
Publication date

Musk, Zuckerberg and Bezos lead the updated ranking of the world's billionaires

billionaires
Source:  Forbes

There are more billionaires in the world than ever before, with tech executives dominating the wealthiest people.

Points of attention

  • Tech executives like Musk, Zuckerberg, and Bezos are at the top of the world's billionaires list, with their fortunes driven by the success of companies like SpaceX, Meta, and Amazon.
  • New players such as Sundar Pichai and Vikram Punia have also entered the billionaire ranks, showcasing the diversity of wealth sources in the tech and pharmaceutical industries.
  • The ranking includes notable figures like Warren Buffett, Larry Page, Sergey Brin, and Amancio Ortega, highlighting the global reach of wealth accumulation.

There are 3,028 billionaires in the world

Elon Musk has reclaimed the top spot from French luxury titan Bernard Arnault, according to Forbes magazine. The Trump adviser's net worth has risen 75% to $342 billion. His wealth has grown thanks to SpaceX and his artificial intelligence company xAI, as well as Tesla's stock rally, despite a recent slump.

Second place is occupied by Meta founder Mark Zuckerberg with a fortune of $216 billion.

He is followed by Amazon founder Jeff Bezos with a fortune of $215 billion, and in fourth place is Larry Ellison, co-founder of computer technology company Oracle, with a fortune of $192 billion.

Arnault and his family, with a fortune of $178 billion, came in fifth place. They head LVMH, which owns brands such as Louis Vuitton and Moet Hennessy.

Next comes investor Warren Buffett with a fortune of $154 billion. Google founders Larry Page with a fortune of $144 billion and Sergey Brin, whose fortune is estimated at $138 billion, occupy seventh and eighth places.

Spaniard Amancio Ortega, founder of the Inditex fashion brand, which owns Zara and Bershka, ranked ninth with a fortune of $124 billion, while former Microsoft CEO Steve Ballmer ranked tenth with a fortune of $118 billion.

Among the newcomers is Sundar Pichai, the chief executive officer of Google parent company Alphabet. His net worth rose to $1.1 billion thanks to the rise in the value of his Google shares.

Another notable figure on the long list of billionaires is President Donald Trump, whose fortune has doubled to an estimated $5.1 billion since his company Truth Social went public and he sold his cryptocurrency token.

The ranking includes 15 Russian oligarchs, among whom the owner of the Alcor & Co group, Tatyana Volodina, was noticed. The company operates the L'Etoile and Podruzhka perfume and cosmetics store chains. Volodina's fortune is estimated at $1.1 billion.

The richest "newcomer" is Vikram Punia, the owner of the pharmaceutical company Pharmasynthes, whose fortune is estimated at $2.1 billion.

At the same time, the richest among Russian billionaires in 2025 was Lukoil co-owner Vagit Alekperov, whose fortune was estimated at $28.7 billion.

By staying online, you consent to the use of cookies files, which help us make your stay here even better 

Based on your browser and language settings, you might prefer the English version of our website. Would you like to switch?