Latest Articles about The Caucasus

GAS FROM IRAN TO BREAK GAZPROM’S MONOPOLY IN ARMENIA

Moscow's intention to double the price of gas supplies to Armenia (see EDM, January 17) vindicates Yerevan's decision to de-monopolize the market by importing gas from Iran. Armenia thus becomes the first among formerly Soviet-ruled countries (outside Central Asia) to diversify its supply sources away... MORE

CHANGES IN GEORGIAN MEDIA INDUSTRY REFLECT POLITICAL INFIGHTING

On January 4, two leading Georgian private television companies announced a merger, suggesting to analysts that these changes in the country's media industry reflect domestic political jockeying. According to the deal, most likely concluded behind tightly closed doors, the owner of Rustavi-2 TV has bought... MORE

ARMENIAN OLIGARCH MAKES BID FOR POWER WITH NEW POLITICAL PARTY

Armenia's arguably wealthiest government-connected businessman has caused a stir in the domestic political arena by setting up a new party with far-reaching political ambitions. Gagik Tsarukian appears to have enlisted the support of prominent public figures and even an opposition leader for his bid to... MORE

RESIDENTS ANGRY AS AZERBAIJAN HIKES GASOLINE PRICES

The new year has brought new economic surprises for the average Azerbaijani citizen. The Council on Tariffs decided on January 6 to double the price of diesel fuel (from 20 cents per liter to 40 cents), giving it the same price tag as regular gasoline.... MORE

SAAKASHVILI GOVERNMENT CRACKS DOWN ON PRISON MAFIA

A wave of strikes by inmates at prisons across Georgia is part of the criminal world's carefully crafted plan to resist government efforts to assert their authority in the penal system. The first strike began on December 24 in Kutaisi, Georgia's second largest city, and... MORE

IS ALIYEV GOVERNMENT MEDDLING IN AZERBAIJAN’S BUSINESS SECTOR?

The post-parliamentary election period in Azerbaijan was marked by an unusually harsh crackdown on a group of high-profile businessmen. Foremost, the assets of the country's largest private oil company, Azpetrol, were stripped from its owner, Rafik Aliyev, who had been arrested even before the November... MORE