Latest Articles about Economics

Is Europe’s Aviation Watchdog About to Effectively Isolate Half of Ukraine?
On September 20, The Kharkiv City Council sent an appeal, addressed to Ukrainian Prime Minister Volodymyr Groisman, regarding concerns over recent actions by the European Aviation Safety Agency (EASA). Specifically, the appeal cites a draft bulletin allegedly sent by the EASA to the Ukrainian State... MORE

Russian Portion of Caspian May Dry up This Century, Threatening Moscow’s Interests
Many countries around the world are now threatened by rising sea levels in coastal areas as a result of climate change and the melting of the polar ice caps. Russia is experiencing such a scenario in the Arctic. But it is also facing another serious... MORE

Ukraine Successfully Places Eurobonds, but May Lose IMF Support
Ukraine has placed 15-year Eurobonds in the amount of $3 billion, President Petro Poroshenko announced on September 18. Poroshenko, who was on a visit to New York at the time for the United Nations General Assembly, noted that Ukraine had never borrowed so much for... 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

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

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

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

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

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