Latest Articles about Economics

Faced With Chinese Expansion, Kazakhstan Seeks Alternative Energy Markets
It could be assumed that the intensifying trade war between the United States and China would cause economic slowdown in China and result, in the long run, in the drastic reduction of Chinese imports of energy resources from Kazakhstan. But in his recent interview to... MORE

New Sanctions Against Russia Weigh on Its Closest Trade Partners
The United States Treasury’s Office of Foreign Asset Control (OFAC), whose responsibility is to enforce US sanctions against foreign countries and nationals, rolled out a new package of economic restrictions against Russia, on April 6. Following its illegal annexation of Crimea in 2014, Russia has... MORE

Kyiv Develops Ties With Ankara—in Moscow’s Shadow?
Ukraine has been exerting considerable effort over the last several years to forge closer links across the Black Sea with Turkey, which Kyiv views as a counterbalance to Russia in the region. The two countries’ leaders have been meeting regularly of late. Turkish President Recep... MORE

US-Kazakh Accord to Use Caspian Ports as Afghan Support Hubs Irks Moscow
Since 1991, two key questions have dominated discussions of the fate of the Caspian Sea: First, how will it be divided now that there are five littoral states rather than two, as was the case in Soviet times? And second, will this landlocked body of... MORE

Putin’s Leadership Is Reduced to Indecisive Posturing
Grand geopolitical scheming took a break in Moscow last week. The main news—improbably—turned to the fiasco of the government trying, since April 16, to ban the popular instant messenger Telegram. Millions of Russians remain blissfully unaware about this “state failure,” but probably as many others... MORE

Russia’s Shipbuilding Program: Postponed Blue-Water Ambitions
Russia’s shipbuilding program for 2011–2020, under which the country plans to build over 100 new warships (Military Paritet, February 7, 2012), is reportedly causing “a very bad feeling” among some Russian naval experts (Topwar.ru, August 10, 2016). They describe the current status of the Russian... MORE

Fears in Moscow About Possible Escalation of Syrian Conflict Into War With US
A near-perfect storm has rocked Moscow, starting at the end of last week. On April 6, the United States Department of the Treasury published an additional blacklist of wealthy Russian government officials, oligarchs and business entities that would be sanctioned for differing misdeeds connected to... MORE

The Kremlin Strategy in Baikonur: Putting Kazakhstan’s Space Program in a Box?
Russia has pledged to transfer 44.8 square miles of Baikonur Cosmodrome territory and two Zenit-M rocket launch platforms to Kazakhstan by the end of May 2018 (Izvestia, March 1). This became possible thanks to the recent amendments to the lease agreement between the two countries,... MORE

China Expanding in Russia’s Transbaikal—and Russian Taxpayers Are Paying for It
A new scandal is adding fuel to the fire of Russian fears about Chinese penetration of Siberia and the Russian Far East. The Russian media in those regions is reporting that in order to sell Russian agricultural products to China—something that benefits both local oligarchs... MORE

What Turkmenistani President’s Visit to Gulf Means for TAPI Pipeline Project
Turkmenistan’s President Gurbanguly Berdimuhamedow visited the United Arab Emirates and Kuwait in mid-March as part of a campaign to revive a long-stalled natural gas pipeline from his country to Pakistan and India (Neftegaz.ru, March 16). The visit occurred three weeks after a February 23 groundbreaking... MORE