Latest Articles about Economics
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Russian-Chinese Joint Ventures in Russia’s Far East, Arctic
Since 2001, Russian-Chinese relations have been largely grounded in security issues, both military and economic. The former is a shared perception of an increasingly aggressive United States and, in the case of Russia, concerns over the North Atlantic Treaty Organization’s (NATO) deployments on the periphery... MORE
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Conflict Escalates Again in Eastern Ukraine: Possible Causes and Consequences
The first quarter of 2017 was marked by a renewed escalation of the armed conflict in eastern Ukraine. The increased military confrontation began in the vicinity of Donetsk, at the end of January, when saboteur-reconnaissance groups of Russia-backed militants made an attempt to seize the... MORE
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Kyiv Stops Trade With Occupied Donbas, Slaps Sanctions on Russian Bank Subsidiaries
President Petro Poroshenko has banned cargo traffic between the areas held by Moscow-backed militants in the Donbas area and slapped sanctions on the Ukrainian subsidiaries of Russian state-owned banks. This appears logical, given the continuing Russian occupation of Crimea and assistance to the rebels. However,... MORE
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Despite Sanctions, Russia Presses Development of Arctic Energy Reserves
The director of the Russian transport ministry’s Department of Maritime and River Transportation, Vitalii Klyuyev, spoke, on March 24, at the “LNG [liquefied natural gas] Bunkering Market as an Alternative” conference, in St. Petersburg. Klyuyev told participants that the world’s first LNG tanker specifically constructed... MORE
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Suspension of Azerbaijan’s EITI Membership: Repercussions for the Southern Gas Corridor
The International Board of Directors (BoD) of the Extractive Industries Transparency Initiative (EITI) suspended Azerbaijan’s membership in the coalition. The decision came during the BOD’s 36th meeting (on March 8–9), in Colombia. The EITI promotes the open and accountable management of oil, natural gas and... MORE
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European Union Poised to Scrap Visa Requirements for Ukraine
Negotiators from the European Parliament and the Council of the European Union (a.k.a. the Council) struck an informal deal, on February 28, for Ukrainian citizens to travel visa free throughout the EU, except for in the United Kingdom and Ireland. Later, the deal was endorsed... MORE
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Uzbekistan Accords Turkmenistan Status of Closest Neighbor and Partner
Three months since his election last December, Uzbekistan’s President Shavkat Mirziyaev made his first official trip abroad, visiting neighboring Turkmenistan on March 6–7. The visit put an end to rampant speculation about where his maiden foreign trip would take him. Some, for instance, had expected... MORE
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Belarus Policies and Their Existential Jetlag
Belarusians continue to protest the presidential decree on social parasites (DSP). Already, President Alyaksandr Lukashenka has backed off, if only in part. Short of abandoning the infamous decree altogether, he postponed its implementation by one year. At the same time, three opposition leaders who tried... MORE
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Renewable Energy and the PLA’s Next Generation of Self-Sufficiency (Part 2)
Part One of this series examined the state of renewable energy in China and the connections between civilian and military industry partners. Part Two looks in detail at the PLA’s developing energy strategy both on the mainland and, increasingly on offshore islands at the center... MORE
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Southern Gas Corridor Seeks Financial Backing Amidst Volatile Oil Prices
During the third ministerial meeting of the Southern Gas Corridor (SGC) Advisory Council, held in Baku, on February 23, the European Commission’s vice president for the Energy Union, Maroš Šefčovič, encouraged international financial institutions to bankroll the SGC project (Trend, February 23). Amidst volatile oil... MORE