Latest Articles about Economics
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Turkey Chooses Russian Missile Defense System
Recent reports confirm that Turkey has agreed to purchase the S-400 Triumph Russian air and missile defense system (TRT World, August 23). Under the deal, worth $2.5 billion, Turkey will receive two S-400 batteries (Hurriyet Daily News, July 17). The system is advertised as being... MORE
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FSB Seeks to Forge ‘Digital Sovereignty’ in Russia’s Financial Sector
The recent involvement of the Russian Federal Security Service’s (FSB) cryptography specialists in international efforts to instrumentalize emerging currencies such as Bitcoin and Ether (Iso.org, accessed September 11) shows how profoundly the official Russian position on cyber technology has shifted in the past year. It... MORE
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Modest Restart to Ukrainian Privatization
After a break prompted by war and economic collapse in 2014–2015, Ukraine restarted its privatization campaign in August 2017. The local privatization body, the State Property Fund (SPF), sold only five out of the state’s eight 25 percent stakes in the regional power-supply and generation... MORE
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The Most Talked About Stories Coming out of Belarus
Not only beauty is in the eye of the beholder. In the absence of attention-grabbing cataclysms, the most talked about issue related to Belarus depends on who you ask. Thus, ordinary Belarusians are mostly preoccupied with price hikes, the cost of utilities in particular, and... MORE
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The Kerch Strait Bridge: A New Threat to Regional Stability
After illegally annexing Crimea in 2014, Russia declared it would build a 12-mile-long road-and-rail bridge across the Kerch Strait, connecting mainland Russia to the occupied Crimean Peninsula. And last year (2016), with construction underway, Moscow officials promised that the building of this massive bridge would... MORE
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Strategic Advances and Economic Hopes of Belarus-China Relations
Belarus hosted a joint counter-terrorism exercise with China called United Shield 2017, on July 11–18 (Belta, July 18). It took place at a training field bear Barysau and brought together a rapid response unit of the Interior Troops of the Belarusian Ministry of Internal Affairs... MORE
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Making Sense of China’s Caribbean Policy
While the world's attention focuses on the Belt and Road Initiative (BRI) connecting China with Eurasia and Africa, China is also making major investments in the Caribbean. In September 2016 the China Harbor Engineering Company (中国港湾工程有限责任公司) agreed to build a mega-port in Jamaica that would... MORE
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The Bloom Comes off the Arctic Rose
For about a decade, the Arctic has been a showpiece of Russian policy. And with the Vladimir Putin regime’s displayed proclivity for engaging in vast “mega-projects” like the Sochi Olympics, the Arctic had been in a class of its own as a multi-year economic and... MORE
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Russo-Sino-Mongolian Transit and Infrastructure Cooperation and Mongolia’s New President
On July 10, Mongolia swore in its new president, Khaltmaa Battulga—a former professional judo wrestler, wealthy businessman, former Democratic Party (DP) parliamentarian, and former minister of transportation and construction (2008–2012). It was widely expected that the Mongolian People’s Party (MPP) candidate, Parliamentary Speaker Miyeegombo Enkhbold,... MORE
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The South-West Transport Corridor Project and the Geopolitical Reshaping of the South Caucasus
Baku hosted the first joint gathering of the heads of the railway administrations of Iran, Azerbaijan, Georgia, Ukraine and Poland, on June 19. The meeting was dedicated to the newly-launched “South-West Transport Corridor,” which links into the broader Trans-Caspian International Route project launched in 2016.... MORE