Latest Articles about Economics

Karachaevo-Cherkessia Faces Economic Uncertainty

On January 19, President Vladimir Putin met with the governor of Karachaevo-Cherkessia, Rashid Temrezov, in Moscow. Temrezov reported that the republic reduced its dependence on the Russian federal budget in 2015, and that tax collection rates and the republican economy overall were better last year... MORE

Russia’s Economic Degradation as Putin’s New Norm

This Monday (January 11), Russia begins its traditionally delayed entry into the new year without any breaking geopolitical news but with an unusually dark economic outlook. Throughout the whole, lengthy, Russian festive season, there were no reports of airstrikes in Syria but plenty of news... MORE

China to Build Hongdu Light Attack Aircraft in Ukraine Next Year

When the Union of Soviet Socialist Republics (USSR) collapsed in December 1991, its integrated military-industrial complex was shattered and split up among 15 newly independent countries. Ukraine received many significant assets, including top-notch fighter and aircraft plants as well as the USSR’s most advanced shipyards... MORE