Latest Eurasia Daily Monitor Articles
NAZARBAYEV OFFERS MEDVEDEV SUPPORT
During a meeting with Russian President Dmitry Medvedev in Aktobe, Kazakhstan, on September 22, Kazakh President Nursultan Nazarbayev offered his support to Russia with regard to the conflict in Georgia. Security issues were discussed at the presidential level during the fifth international forum of the... MORE
HUNGARY EYES IRANIAN GAS IN EFFORTS TO RESUSCITATE NABUCCO
With Brussels lacking a policy and Washington in the grip of two mutually contradictory policies on European gas supplies, Hungary has taken the lead in efforts to resuscitate the Nabucco project for Caspian gas to Europe. The Hungarian government, parliamentary opposition, and privately owned MOL... MORE
IRAN TO SUPPLY ARMENIA WITH GAS AND ARMENIA TO EXPORT ELECTRICITY TO IRAN
Armenia appears to have completed construction of a pipeline from neighboring Iran that will supply it with natural gas and significantly ease its heavy dependence on Russia for energy resources. The development will also allow the small landlocked country to avoid disastrous consequences if Moscow... MORE
RELIGIOUS HOLIDAY SHIELDS TURKISH MARKETS AGAINST GLOBAL TURMOIL
In a country in which the prevailing, and often paradoxical, interpretation of secularism frequently causes political and economic instability (see EDM, July 31), it is ironic that one of the Turkish state’s unequivocal concessions to religious sentiments has provided the Turkish markets with at least... MORE
CHUBAIS REPORTEDLY BEHIND KREMLIN BID TO TAKE OVER SPS
Nikita Belykh, the leader of the Union of Right Forces (SPS), announced on September 26 that he was resigning over proposals by top party leaders to cooperate with the Kremlin. According to a number of observers, Belykh’s resignation is part of an effort being led... MORE
RUSSIA FAVORS STRONGER REGULATION TO TACKLE MARKET VOLATILITY
The Kremlin moved to employ strong regulatory methods to deal with this month's market turmoil. Russian officials have also tended to cite spreading fallout from the American credit crisis as a major reason for market volatility. The financial authorities reacted promptly, and the measures they... MORE
BUSINESS CONFIDENCE RETURNING TO THE SOUTH CAUCASUS TRANSPORT CORRIDOR
Russia’s invasion of Georgia in August caused partial and temporary disruptions to the transport corridor for Caspian oil and other commodities through that country. The two-pronged corridor, running from Azerbaijan to the Georgian Black Sea coast and via Georgia to the Turkish Mediterranean coast, is... MORE
TURKEY’S FIRST MILGEM WARSHIP LAUNCHED IN ISTANBUL
On September 27 the Turkish navy launched the corvette TCG Heybeliada, the first modern warship to be designed, built, and equipped primarily from local resources. The TCG Heybeliada is the first in what will eventually be a series of 12 multi-purpose littoral combat warships built... MORE
RUSSIAN NAVY DEPLOYMENTS APPARENTLY INTENDED TO ANNOY U.S.
While most military analysts observing last month’s confrontation between Georgia and Russia over South Ossetia and Abkhazia tended to focus on the ground clashes, the naval significance of the encounter has spread far beyond Georgia’s waters. The U.S. Navy dispatched relief to Georgia on warships... MORE
RUSSIA IN MOLDOVA: A COUNTER-EXAMPLE TO UKRAINE AND GEORGIA?
Russia and Moldova are exploring a possible settlement of the Transnistria conflict on a bilateral basis, outside the international 5 + 2 format. Russia is the initiator of this approach, pulling a reluctant but still hopeful Moldova along. The Russian-desired outcome would: reunify Moldova nominally,... MORE