Latest Articles about Economics

Putin’s Political Pause Amid National Mobilization

As if trying to compensate for his recent “disappearance” in early March, President Vladimir Putin participated in a series of high-intensity meetings and public events last week. His domestic audiences included students and “heroes of labor”; instructions were issued to government ministers, members of the... MORE

Nazarbayev Reelected, but Challenges Lie Ahead

On April 26, Kazakhstan held an early presidential election, the fifth presidential election in its modern history since gaining independence in late 1991. Unsurprisingly, the incumbent, Nursultan Nazarbayev, won the vote by a landslide. According to the Central Election Commission’s official communiqué, he obtained 97.75... MORE

Gazprom Must Compromise on EU Charges, but Putin Cannot

The European Commission delivered, on April 22, a “statement of objections” resulting from its probe launched back in September 2012, which amounts to charging Gazprom with abusing its dominant position on the gas market in several EU member states. The content of the charges has... MORE

Russian Company That Illegally Operates in Abkhazia Is Coming to Georgia

Abkhazia, a former autonomous region of Georgia, was recognized as an “independent state” by Russia following the five-day Russian-Georgian war in August 2008. A couple weeks ago (April 10), the “prime minister” of Abkhazia, Artur Mikvabia, officially presented the self-proclaimed republic’s newest deputy prime minister,... MORE

Russia Paying Steep Price for Annexing Crimea

This week (April 21), Russian prime minister and former president Dmitry Medvedev spent several hours presenting to the State Duma (lower house of parliament) the annual government report on policies and achievements in 2014, as required by the constitution. According to Medvedev, Russia is under... MORE

Russian MTS Returns to Uzbekistan: Implications for Bilateral Relations

In December 2014, Russian telecommunications company Mobile TeleSystems (MTS) resumed its business in Uzbekistan after a two-and-half-year absence. In 2012, Uzbekistan’s authorities had accused the company’s local subsidiary, Uzdunrobita (also known as MTS-Uzbekistan), of pursuing illicit financial schemes and illegally exploiting more than 250 base... MORE