Latest Articles about Economics
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Addressing Rising Business Risk in China
As the People’s Republic of China (PRC) celebrated its first-ever National Security Day, anti-foreigner sentiment appears to have been made an official part of the Chinese state’s increased vigilance. A widely circulated cartoon depicted a stereotyped Western man seducing an unwitting Chinese woman into espionage... MORE
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Kudrin’s Return to the Russian Government
Since 2011, when then-President Dmitry Medvedev fired his and (much more importantly) then–Prime Minister Vladimir Putin’s finance minister, Alexei Kudrin, Russian liberals have dreamed of his return to the government. Indeed, liberal groups in Russia believe that Kudrin, seen as an outspoken pro-market reformer, could... MORE
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Moscow’s Appointment in Doha Goes Awry
Russian talks with Gulf states, in Doha, Qatar, aimed at freezing oil production and thereby raising prices, broke down on April 17 (RT, April 17). This failure to reach an agreement represents a major setback for Russia’s economy as well as its domestic and foreign... MORE
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In Courting Iran, Russia Seeks Politically Safe Foreign Investment for the North Caucasus
On April 11–16, representatives of an Iranian investment company, Hamrahian Group, visited Dagestan to explore possibilities for cooperation with the North Caucasian republic. The visit came just weeks after Dagestan’s governor, Ramazan Abdulatipov, visited Iran as a member of a Russian business delegation (Kavkaz Today,... MORE
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Russia’s Northern Sea Route Ambitions
Earlier this month, on April 19, the State Commission on the development of the Arctic Regions convened in Moscow to establish a single company to oversee all the logistics operations in the Russian Far North (Arctic.ru, April 19). The move came amidst news reports showing... MORE
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Moscow Invites Chinese Factories to Move to the Russian Far East
Chemical, metallurgical and cement plants may soon be transferred from their current locations across northern China to the Russian Far East. This was the agreement reached in early April 2016, during Russian Minister for Far East Development Alexander Galushka’s visit to Beijing. The feasibility of... MORE
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Lukashenka’s Report to the Nation: Rhetoric Versus Reality
On April 21, President Alyaksandr Lukashenka delivered his annual “report to the Belarusian people and the National Assembly [parliament].” When speaking about the economy, Lukashenka did not use the words “crisis” or even “decline”; yet, he recognized the country’s inadequate labor productivity and competitiveness (Tut.by,... MORE
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Ukraine’s New Government Expected to Continue Reforms
On April 14, Ukraine’s parliament replaced the cabinet of unpopular Prime Minister Arseniy Yatsenyuk with one headed by Volodymyr Hroysman, who had served as parliament speaker since November 2014. A former mayor of President Petro Poroshenko’s electoral and business stronghold of Vinnytsya, Hroysman has always... MORE
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Are Moldovan Consumers Financing Transnistrian Separatism?
The “leader” of the separatist Moldovan region of Transnistria, Evgheni Shevchuk, met with Russia Deputy Prime Minister Dmitry Rogozin, in Moscow, on April 14. No official press statement followed, other than a few lines by Rogozin’s assistant on social media. Reportedly, Rogozin called upon the... MORE
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Lukashenka in Turkey: Establishing Economic Ties
Belarusian President Alyaksandr Lukashenka paid a visit to Turkey, last week, in conjunction with the April 14–15 Istanbul meeting of the Organization of Islamic Cooperation (OIC). Founded in 1969, the OIC has 57 members and holds meetings once every three years. At the Istanbul meeting,... MORE