Media Appearances — Banking Blacklists and the Middle East Economic Shock
Two television appearances from March 16, 2026, covering Armenia’s financial vulnerabilities and the regional economic impact of the Middle East crisis.
1 in 6 Working-Age Citizens on a Banking Blacklist
Kentron Channel · 18 min
The interview analyzes the “financial bomb” forming in Armenia’s mortgage market and the stagnation of real estate prices. Topics include the impact of changes to the income tax refund program and the “evergreening” practices used by developers and banks to mask bad debt. Key finding: 1 in 6 working-age citizens in Armenia is currently on a banking blacklist due to overdue consumer loans taken out to cover basic living expenses.
Economic Crisis and the Middle East Shock
RUSARM INFO · 19 min
This segment examines the global economic risks from the Iran crisis and the blockage of the Strait of Hormuz. Topics include the danger of skyrocketing oil prices acting as a “black swan” event and triggering a new financial crisis, how the disruption of the Iranian transit route is already causing food inflation in Armenia, and the Russian economy’s adaptation to long-term sanctions.