On October 20, the National Bank of Belarus decided to dispense with a system of different exchange rates by restoring a single rate and in the process devaluing the Belarusian ruble (BLR or Zaichik) from 4,930 to the dollar to 8,680 to the dollar, a... MORE

On November 2, President Viktor Yanukovych made a startling warning at an enlarged government meeting. He said “Law enforcement organs have told me there are purchases of weapons in preparation for a violent attack on the organs of the ruling bodies (of the state),” adding... MORE

Dagestani Interior Ministry personnel on November 17 discovered an F-1 hand grenade, a stick of dynamite and 100 rounds of 5.45 mm ammunition in a house in the capital Makhachkala. The ministry said the 32-year-old owner of the house had previously been involved in an... MORE

On November 3, Tajik authorities announced that they had completed the main diversion tunnel of the Rogun Dam project. This means that it is now technically possible to divert the Vakhsh River from the part of the valley in which they plan to place the... MORE

In a matter of only days Tajikistan has managed to aggravate its relationship with Russia to the lowest point to date. Last week, a Tajik court sentenced a Russian citizen, Vladimir Sadovnichy, to serve eight years and six months in prison for smuggling and illegally... MORE

After four years of operation, Russia has been forced to move their military base from Botlikh, Dagestan to Maikop, Adygea. The 33rd mountain infantry brigade will now permanently be stationed in the western part of the North Caucasus (www.yuga.ru/news/243183/). The brigade was located in the... MORE

Defense and security spending is skyrocketing in Russia. Paychecks for defense and interior ministry personnel will increase 2.5 to 3 times from January 2012, while Federal Security Service (FSB) and the Federal Protective Service (FSO) staff will receive a similar pay boost in January 2013.... MORE

The International Monetary Fund (IMF) mission that arrived in Ukraine on October 25 left the country on November 3, one day ahead of schedule, without agreement on the next loan tranche. The IMF local representative, Max Alier, announced on November 4 that the IMF would... MORE

On November 14, the Federal Security Service (FSB) introduced a counterterrorism operation regime in the forested mountainous parts of Kabardino-Balkaria’s Chegem and Baksan districts and in parts of the town of Baksan. However, the following events cast doubt on the regime’s usefulness. The regime was... MORE

The US reset policy has already become an object of political contention between Democrats and Republicans. The Obama Administration never ceases to point to it as a success, not least because of the progress that has occurred with Russia in regard to restraining Iranian proliferation,... MORE