Latest Eurasia Daily Monitor Articles
Turkish Economic Stimulus Package Foresees Temporary Tax Cuts in Automotive and Other Sectors
The Turkish government announced a comprehensive economic stimulus package on Friday. The decision comes against the background of deteriorating economic indicators that signal a serious recession and mounting pressure from market players for the government to act swiftly to alleviate the crisis. Industrial production showed... MORE
Shaking Down the Turkic Brother? Turkey’s AKP Government Obstructs Azerbaijan’s Gas Outlet to Europe
During a recent public debate in Brussels on Turkey's energy policies, several panelists advised Turkey's Energy Minister Hilmi Guler, who participated in the panel, that Ankara is "overplaying its hand" by setting unacceptable terms for the transit of Azerbaijani gas to Europe. Such tactics in... MORE
Bakiyev Regime Suspected in Political Assassination
On March 13 Medet Sadyrkulov, the former head of the presidential administration, died in a suspicious car accident. Sadyrkulov's car was hit by another vehicle in the early morning on a rural highway. The car burned entirely, suggesting that the "accident" was pre-planned. Sadyrkulov's death... MORE
Russian Anti-Crisis Policy Is Adrift Without Direction
Russia took part in two different economic forums last weekend where conflicting propositions for overcoming the global crisis were advanced. Moscow had little to contribute to any course. Finance ministers of the G20 gathered in Horsham, UK, to prepare the agenda for the summit of... MORE
Turkish Prosecutor Indicts Another 56 Suspects in Ergenekon Investigation
On March 10 the Istanbul Prosecutor's Office submitted its long-awaited second indictment in the case of Ergenekon, a clandestine organization with members from various state agencies, including the military, charged with plotting to overthrow the government (all dailies and local news channels, March 10). Tuesday's... MORE
Economic Problems Beset Belarus
To date, there has been little other than optimistic prognoses from Belarusian government circles about the state of the economy. Unlike the situation in neighboring states, Belarus is not facing recession, and economic growth continues. Moreover, President Alyaksandr Lukashenka has assured citizens of government protection,... MORE
Putin, Gazprom Bluffing to Hungarians on South Stream
On March 10 in Moscow, Gazprom and Hungary's Development Bank signed the initial documents for a joint venture to implement Gazprom's South Stream pipeline project on Hungarian territory. The respective chairmen, Alexei Miller and Janos Eros, signed the documents in the presence of Prime Ministers... MORE
Russian Oligarchs and their Fight for Survival—An Investigative Report
Will Russia's few remaining oligarchs, those who silently submitted to then-President Vladimir Putin's brutal nationalization of Yukos Oil Company, survive as a privileged clan; or are they doomed to extinction during the world financial crisis? How will they manage to keep buying properties in Spain,... MORE
Some 100,000 People in Diyarbakir Celebrate the Birthday of Mohammad
On March 8 thousands of people gathered in the Kurdish city of Diyarbakir to celebrate "Mevlud'a Muhammedi" (birth of Mohammad), the Prophet Muhammad's 1,458th birthday. The event was organized by Ikra-Der and other Islamic associations that have formed a organization called Prophet Lovers' Union, which... MORE
Former Foreign Minister Arrested in Kyrgyzstan
Shortly after Kyrgyz President Kurmanbek Bakiyev and opposition forces agreed to negotiate last week, one of the leading opposition leaders and former Foreign Minister Alikbek Jekshenkulov was arrested and placed in pretrial detention. At the March 10 negotiations, opposition forces sought to ensure that Bakiyev... MORE