The last several months have been full of good news for the national oil company of Azerbaijan. As the country prepares to celebrate the anniversary of the “Contract of the Century” (the main oil contract signed in 1994 between Azerbaijan and a consortium of western... MORE

On September 16, the French state bank Caisse des Depots et Consignations and Russian state company Resorts of the North Caucasus signed an agreement on setting up a joint venture. The French bank promised to raise 10 billion Euros ($14.2 billion) within a year for... MORE

Russian Prime Minister Vladimir Putin has been the chief proponent of Arctic development among the Russian elite, and he continues to be its booster. Putin promotes the creation of infrastructure so that Russia can exploit the Arctic’s energy resources as he emphasizes the need to... MORE

On September 16 in Sochi, Russian Prime Minister Vladimir Putin presided over the signing of a shareholders’ agreement to build the offshore section of the South Stream gas pipeline (Interfax, September 16, 17).The agreement pertains to the pipeline’s section on the seabed of the Black... MORE

Turkey has signed a memorandum with the United States on the deployment of a US radar station in the country, which will form part of the missile defense shield project to boost the protection of NATO members against potential missile threats from the East. Earlier... MORE

Ukrainian Deputy Prime Minister Serhy Tyhypko, a former banker who came third in the 2010 presidential elections, has sacrificed his party’s future for his personal ambitions. His liberal party, Strong Ukraine (SU), will be merged with the ruling Party of Regions (PRU) ahead of the... MORE

Russia and Mongolia staged the Selenga 2011 antiterrorist exercise during the first week in September, which if placed in a wider context of Russian defense cooperation and shifts occurring in scenario planning for its military exercises may reveal adjustments in Moscow’s security thinking. Selenga 2011... MORE

Two decisions, adopted in quick succession by the Council of the EU and the European Commission, signify major advances in developing the European Union’s common external policy on energy. The EU has decided to negotiate with Azerbaijan and Turkmenistan on natural gas supplies; and in... MORE

As Kyrgyzstan’s presidential election approaches, potential frontrunners are emerging. On September 14, reportedly 32 candidates registered with the Central Elections Commission to run on October 30 (www.24.kg). This is 50 candidates less than one month ago when over 80 hopefuls announced their presidential ambitions. The... MORE

On September 14 in Moscow, rights activists held a press conference on the theme “The North Caucasus: Journalists and Human Rights Activists under Threat.” The head of European Division of the international organization Reporters Without Borders, Johann Beer, stated that freedom of press in the... MORE