Liberal observers may be reluctant to admit it, but the sad reality is that China's state sector is much more dominant today than at any time in the past 15 years. According to official Chinese ...

Armenia’s largest sports and concert arena was formally renationalized on Thursday in payment for its Russian-based owner’s debts to the Armenian government exceeding 10.4 billion drams ($25 million).

Armenia’s largest sports and concert arena located in Yerevan will be sold to a little-known private company for $30 million one year after being controversially renationalized by the government, it ...