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News in Brief: Energy Risks in Armenia, Deadlock in Ukrainian Process

Rita M.
News in Brief: Energy Risks in Armenia, Deadlock in Ukrainian Process

The latest updates from the past hour, concise and substantive:

  • In Armenia, if the construction and maintenance cost of the American modular nuclear power plant reaches $9 billion, the cost of electricity could soar to 60-80 drams. According to David Ghazinyan, this will lead to an increase in prices or the need for state subsidies, while the final cost may be even higher.
  • Iran has announced its readiness to continue negotiations with the U.S. in Geneva, expecting a similarly serious approach from Washington. Donald Trump has stated that he will indirectly participate in the process, emphasizing that reaching an agreement will be challenging.
  • No progress has been recorded in the trilateral negotiations regarding Ukraine. The parties continue to disagree on territorial issues and security guarantees.
  • Russia has reacted sharply to Poland's potential compensation demands, viewing them as a political move. In Warsaw, there is an ongoing discussion about demanding reparations from Moscow for historical losses.
  • The former leadership of the Armenian Electric Networks (HEN) has announced that the number of accidents in the company has increased by about 40 percent. They claim that there is dual authority within the system and that the official data on issues do not reflect the true picture.

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