Opposition-linked business crackdown: Armenia’s Investigative Committee says the director of “Multi Avtotrans” (owned by Gagik Tsarukyan’s family) has been placed under house arrest over alleged large-scale tax evasion, after searches tied to the case. State takeover of major assets: Armenia’s Prosecutor General’s Office reports the Yerevan Ararat Brandy-Wine-Vodka Factory shares have been placed under state administration and custody pending forfeiture proceedings, with management transferred to the Ministry of Economy. Banking outlook improves: Moody’s affirmed Converse Bank’s ratings and shifted the outlook to positive, citing a better macro and operating environment and stronger support capacity for the banking system. E-commerce push: Armenia’s Economy Ministry met Wildberries representatives to discuss e-commerce development and compensation mechanisms for entrepreneurs affected by Wildberries logistics disruptions. Trade diversification: Armenia says its agricultural products and fish are entering the Georgian market in new batches, with more supplies expected. Regional finance cooperation: Armenia and the US reaffirmed readiness to enhance cooperation against financial crimes, including anti–money laundering and institutional reforms. EAEU/railway tensions: Russian officials warned Armenia about EAEU benefits and gas prices amid the South Caucasus Railway dispute, as Yerevan signals possible arbitration and new terms.