Latest Articles about Economics
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Russia Insists on Own Impunity, Gains Pariah Status
The Russian nyet in the United Nations Security Council, which blocked the resolution on setting up an international tribunal on the downing of Malaysian Airlines Flight 17 over eastern Ukraine, was entirely predictable (see EDM, July 30). President Vladimir Putin had described the proposed legal... MORE
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China-Ukraine Relations After Crimea
China is looking to Ukraine to be a “Gateway to Europe,” for its One Belt One Road (OBOR) project. For its part, Ukraine has signed agreements with the Development Bank of China and is increasing the share of Chinese investment in Ukraine. However, as Ukraine further... MORE
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China, the EU and One Belt, One Road Strategy
As China’s One Belt One Road (OBOR) initiative gains momentum, most interpretations of Beijing’s initial OBOR-related activities have centered on the implications of OBOR for China and her immediate neighborhood. Europe, however, has a special place within the strategy. Europe features as the end point... MORE
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China-Pakistan Economic Corridor: Road to Riches?
On April 20, Sino-Pakistan relations took a great leap forward as Chinese President Xi Jinping unveiled plans for investment of $46 billion in the Pakistani leg of the China-Pakistan Economic Corridor (CPEC) (Xinhua, April 22). CPEC is an important component of China’s ambitious ‘One Belt,... MORE
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India Covets Comprehensive Reengagement With Central Asia
On July 6, Indian Prime Minister Narendra Modi kicked off his eight-day tour of Central Asia, visiting the region for the first time since taking office last May. The first country he arrived in was Uzbekistan. “I started my trip from here to underline the... MORE
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How Long Can Putin Continue Doing Nothing?
Russia had all but disappeared from the international arena in the last couple of weeks, particularly following the July 14 signing of the international de-nuclearization deal reached with Iran. Indeed, as long as the pause in the Ukraine war holds, Moscow’s opinions on international relations... MORE
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Why Moscow Sells Arms for Rubber, Fruit and Vegetables
Sometimes a story appears that seemingly makes no sense and cries out for an explanation. The following story is one of those cases: On July 15, RIA Novosti reported that Russia will trade $160 million worth of military hardware for Thai rubber, fruit and vegetables.... MORE
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Turkmenistan Boosts Ties With Georgia in Anticipation of Strategic Transit Corridor
Turkmenistan’s President Gurbanguly Berdimuhamedov paid his first official visit to Georgia on July 2–3. The most important topics of the meeting between Berdimuhamedov and his Georgian counterpart, Giorgi Margvelashvili, included cooperation in the energy and transportation spheres. During the visit, President Berdimuhamedov reaffirmed that Turkmenistan... MORE
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The Greek Crisis: Financial and Political Risks to the Balkans
Although the Greek banks reopened on July 20, and Athens repaid some of its debt to the International Monetary Fund and the European Central Bank, unease about the Greek crisis continues in the Balkans. The last 25 years of turbulent political and economic transition have... MORE
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Crimean Government Indicates It Wants Greater Autonomy From Moscow
The puppet government of Crimea has unexpectedly clashed with its bosses in Moscow. On July 7, Crimea’s governor, Sergey Aksyonov, declared he would not allow the Russian federal government to force its own rules on the peninsula. His comments came after Russia’s Federal Security Service... MORE