Bidzina Ivanishvili’s spokesmen confirm the Forbes List estimate of his wealth. At $5.5 billion, this is approximately equal to Georgia’s state budget expenditures. It is also equivalent to one half of Georgia’s $11.7 billion annual gross domestic product, but does not contribute to generating it... MORE

The tycoon Bidzina Ivanishvili, worth $5.5 billion on the latest Forbes List, has announced his intention to become Georgia’s political leader. A reclusive figure throughout his life thus far, Ivanishvili earned his fortune in Russia since the 1990’s under a veil of obscurity. He systematically... MORE

After months of unsuccessful negotiations with the government, Armenia’s most influential opposition force led by former President Levon Ter-Petrosian has launched a new campaign of round-the-clock demonstrations supposedly aimed at forcing early national elections. Hundreds of people camped out in Yerevan’s Liberty Square on September... MORE

The September 29-30, Eastern Partnership summit in Warsaw was another typically EU empty diplomatic soirée. The Viktor Yanukovych administration has ignored Western criticism of political repression and the EU has put all its eggs into the Ukraine basket to show success in the Eastern Partnership,... MORE

On October 3, Russian Interior Minister Rashid Nurgaliev met the head of Dagestan’s government, Magomedsalam Magomedov, in Makhachkala. “The degree of the terrorist threat testifies that Dagestan is in the worst state [compared with] the other republics of the North Caucasian Federal District,” Nurgaliev concluded... MORE

To reduce its dependence on expensive Russian natural gas, Ukraine proposes to import Azerbaijani liquefied natural gas (LNG) via Georgia and across the Black Sea to Ukraine. Recent gas discoveries in Azerbaijan, and the reactivation of the Turkmenistan-Azerbaijan gas pipeline project, encourage a growing number... MORE

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

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

Emboldened by international tolerance of its seizure of Moldovan territory in 1992 (see Part One in  EDM, September 15), but still unable to muster support on the state level within the CIS, Russia experimented with “collective” peacekeeping at the sub-state level against Georgia in South... MORE

Armenia appears to be edging closer to formally annulling its Western-backed normalization agreements with Turkey because of Ankara’s refusal to ratify them before a resolution of the Karabakh conflict. Armenian President Serzh Sargsyan indicated on August 30 that the Turkish government has just a few... MORE