The current Azerbaijani military operation in Karabakh was framed in Baku as anti-terrorist, since it came as a reaction to a series of subversive actions, including the killing 19 September of 6 Azerbaijanis by Armenian separatist paramilitary units. As far as Armenia is concerned, the further developments might depend on how the current government in Yerevan plays its cards and whether it will survive in case of the defeat (as it looks like happen now) of the Karabakh separatists. A most intriguing, among other questions, is: whether it will deepen Yerevan’s dependence from Moscow? Or could it be Armenia's path towards independence from Russia?