Nagorno-Karabakh Representation: The resignation of Nagorno-Karabakh parliament chief Ashot Danielyan has reignited debate in Armenia over who will protect the rights of Karabakh Armenians after the 2023 exodus. Courtroom Watch: In Baku, the appeal hearing for Armenian nationals convicted by a Baku Military Court continues, with prosecutors making their arguments and interpreters and defense counsel provided. Budget & Fiscal Health: Armenia’s state budget was executed with a surplus of AMD 67.3bn in the first half of 2026; revenues rose 14.7% to AMD 1.643trn while spending grew 7% and plan fulfillment for expenditures reached 83.2%. Trade Diplomacy: Armenia’s MFA says ties with Canada must deliver concrete trade and economic results after bilateral turnover rose 16.5% to $14.1m in Jan–May 2026. Dairy Trade Shock: Russia’s Rosselkhoznadzor plans to restrict imports of Armenian dairy from July 27, citing traceability and veterinary-documentation failures and alleged use of milk from infected livestock; Armenia’s food safety regulator says joint inspections found no grounds for those claims at four plants. Business & Enforcement: Investigators sealed parts of Tsarukyan-linked Arinj Mall, prompting workers to petition for reopening and restoration of employment rights. FX Snapshot: Armenia’s dram strengthened against the dollar and euro while weakening versus the ruble in the July 20–24 interbank week, as ruble activity surged.