Latest Articles about Economics

Coal Smuggled From Ukraine’s Occupied Donbas Ends up in Poland

While Ukraine’s power plants are short of fuel, coal from the unrecognized Luhansk “people’s republic,” located in the Moscow-proxy-controlled eastern part of Donbas, has been smuggled to Poland, journalists from the Polish newspaper Dziennik have found. Doncoaltrade, a firm linked to Oleksandr Melnychuk, a former... MORE

Moscow Still Investing in Venezuela

Despite the multiplicity of major and urgent international crises around the globe, Russia still finds time to invest its political resources in Venezuela’s long-running collapse. Indeed, Russian President Vladimir Putin is meeting with his Venezuelan counterpart, Nicolás Maduro, today (October 4), in Moscow, to discuss... MORE

Belarusian Economy: Challenges and Gains

In the first half of 2017, Belarus’s economy finally overcame its 2.5-year-long downward trend (EurasiaExpert, August 31). Thus, Belarus’s gross domestic product (GDP) has increased 1 percent compared with the first half of 2016. Industrial output increased 6.1 percent and retail sales—0.7 percent. In the... MORE

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