Latest Articles about South Caucasus
Restoration of Aziz Mosque in Adjara Reignites Debate Over Ottoman Legacy in Georgia
Hundreds of Muslim Georgians who live in the autonomous republic of Adjara, in southwestern Georgia, held a protest rally, on February 5, in the regional capital of Batumi. The protesters demanded that Georgian authorities give them permission to construct a new, large mosque in the... MORE
Georgian President, US Ambassador Deny Russian Claim That Terrorists Are in Pankisi Gorge
Speaking at a press conference reviewing the year 2015, Russian Foreign Minister Sergei Lavrov unexpectedly revived a question thought to have been closed long ago. “We are receiving news that members of ISIS [Islamic State of Iraq and Syria—the former name of the Islamic State]... MORE
New Economic Data Show Georgia’s Deepening Economic Malaise
On January 29, the National Statistics Office (NSO) of Georgia released new economic data, which shows that in 2015, the country’s GDP grew by just 2.8 percent, significantly less than its 4.6 percent growth from 2014 (Geostat.ge, January 29). In fact, for a lower middle... MORE
Protests in Azerbaijan: A Political and Economic Watershed
Following the devaluation of Azerbaijan’s national currency, the manat, in December 2015—the second in a year—the public has struggled to understand how this policy will affect their daily lives. The impact has become clearer during the first month of 2016: salaries have dropped dramatically, and... MORE
Russia’s Economic Decline Puts the Armenian Government Under Pressure
As oil prices have gone down significantly, the consequences may go well beyond the depreciation of the Russian ruble and Russia’s economic decline. Armenian Deputy Minister of Finance, Pavel Safaryan, recently stated that some of loans previously promised by Russia, including the $270 million loan... MORE
Gazprom Presents Harsh Ultimatum to Georgia
The Vice Prime Minister and Minister of Energy of Georgia, Kakha Kaladze, and a top official at the Russian energy giant Gazprom, Yelena Burmistrova, failed to reach an agreement during the latest round of talks in Vienna (Rustavi2, January 21). The Georgian Ministry of Energy... MORE
Azerbaijan Seeks New Long-Run Equilibrium Amidst Post-Devaluation Financial Turmoil
Azerbaijan, the third largest oil producer in the Commonwealth of Independent States (CIS) after Russia and Kazakhstan, shifted to a floating exchange rate regime on December 21, 2015, triggered by a rapid fall in oil prices. For the long term Azerbaijan had almost a constant... MORE
Russia Pushes Hard to Capture South Caucasus’ Energy Markets
Tbilisi and Moscow’s negotiations over the expansion of Russian Gazprom’s share of the Georgian energy market heightened the political fever in the country over the last several weeks. The negotiations that started largely in secrecy in September 2015 (see EDM, October 21, 2015), have continued... MORE
Azerbaijan: Trapped Between Two Fault Lines
The deterioration of Turkey-Russia ties on the one hand and Iran–Saudi Arabia relations on the other have been a major source of worry for the Azerbaijani authorities over the past year. The leadership officially acknowledged this concern last week (January 10) (APA, January 10). However,... MORE
How Much Does Baku Control Ethnic Azerbaijanis Inside Russia?
Moscow’s plans to push through a law establishing criminal penalties for those who deny that the 1915 events in the Ottoman Empire were a “genocide” have sparked unusual dissent among members of the Azerbaijani diaspora in the Russian Federation. This, in turn, has raised speculation... MORE