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

Given that China is expected to contribute 24 percent of world growth this year, the fast-rising quasi-superpower is generally deemed a bastion of stability in the financial maelstrom that is hitting Europe and the United States. While Beijing, which is the largest holder of U.S.... MORE

On September 29, Kazakhstan’s upper house of parliament passed a new controversial law on religious activities and religious organizations intended to curb the spread of radical Islam in the country. The bill was approved speedily after a wave of terrorist attacks swept western Kazakhstan during... MORE

The arrival of fall has not seen a decline in rebel attacks in Dagestan after a violent summer. Indeed, given the ferociousness of the daily battles between government forces and the insurgents in the republic, it is amazing that the head of Dagestan, Magomedsalam Magomedov,... MORE

The regime of Belarusian President Alyaksandr Lukashenka has been put under serious pressure in recent days. On September 29-30, a European Union summit in Warsaw condemned Belarus’ human rights record and demanded the immediate release and full pardon of all political prisoners, most of which... MORE

The scandal over the brutal dispersal of a lawful protest in the Dagestani capital city of Makhachkala on October 3 is growing. On October 10, the organizers of the protest held a demonstration to complain about violations of their rights by the police. Some witnesses... MORE

For almost eight years, Russia has not allowed OSCE’s election-observation agency, the Office for Democratic Institutions and Human Rights (ODIHR), to observe parliamentary and presidential elections in that country. Russia’s next elections are scheduled to be held on December 4, 2011 for the Duma, and... MORE

On October 6, the Kavkazsky Uzel (Caucasian Knot) website reported widespread human rights abuses in Karachaevo-Cherkessia. The Russian Public Chamber under the Russian president voiced concern over large-scale arrests of Muslims in the republic. Over 80 people were arrested in Karachaevo-Cherkessia in connection with a... MORE

The crucial economic signal for Russia last week was the price slide for the Urals oil blend below the $100 per barrel level, which is not only a symbolic watershed but also an inflection mark on which the Russian budget goes into red (Kommersant-FM, www.gazeta.ru,... MORE