Latest Articles about Economics

Moscow Reluctant to Permit Cooperation between Crimea and the North Caucasus
Following last year’s annexation of Crimea, Russia’s initial tactic was to propagate multiple connections between the people on the peninsula and the country’s population. A year later, North Caucasian activists say that the Russian government is insulating Crimea from the North Caucasus and preventing the... MORE

‘Land Grab’ Case Lays Bare the Frailty of Russian-Chinese Relationship
At a time when Moscow’s relations with the West are continuing to deteriorate, and with the unresolved Ukrainian crisis looming large in the background, Russia is seeking to strengthen its partnerships with the Middle East and Asia, first and foremost with China. The recent St.... MORE

Financial Defaults May Loom for North Caucasian Republics
Russian news agencies reported in early June that Novgorod Oblast in central Russia had become the country’s first region to default on its financial obligations. An official from the Novgorod financial department told RBK news agency that the region failed to make a payment of... MORE

Putin’s Economic Forum: Delays, Obfuscations and Irrelevance
The annual St. Petersburg economic forum used to be a major gathering of investors and stakeholders, who would anticipate President Vladimir Putin’s keynote speech every year for hints about where to find the richest dividends in the Russian economy. This year, however, the traditional pomp... MORE

Bringing Belarus Back in From the Cold (Part Four)
To read Part One, please click here.To read Part Two, please click here.To read Part Three, please click here. To help lessen Belarus’s economic dependence on Russia, and reach out to mainstream Belarusian society, the European Union has a range of non-political instruments available. The... MORE

Is Russia’s Government Planning to Take on Chechnya’s Strongman?
Russian analysts are beginning to wonder whether Moscow has grown tired of Chechnya’s ruler, Ramzan Kadyrov, and wants to replace him. Recent attacks on human rights activists in Chechnya received unusually wide and negative media coverage in Russia, even though years of routine rights violations... MORE

Celebrating Russia Day, the Country Finds Itself With No Future
The meaning of Russia Day, the holiday celebrated last Friday, June 12, remains obscure and even foreign for the majority of Russians. Overall, the population has mixed feelings about the collapse of the Soviet Union, which was precipitated by the declaration of state sovereignty of... MORE

Belarusian Foreign Minister Makei: ‘We want to be friends with everybody’
In his lengthy and informative May 19 interview to the Washington Post, Foreign Minister of Belarus Uadzimir Makei responded to four variations of one and the same persistent question: Should Belarus develop its relations more with the West or with Russia? Makei stood his ground,... MORE

Moscow Moves to Strengthen Iran in Its Standoff With West
Moscow and Tehran have been preparing an agreement to barter Iranian oil for Russian goods. This “goods for oil” trade seems to be finally going ahead this month, before the June 30 deadline to reach a comprehensive agreement on the Iranian nuclear program. For many... MORE

Controversial Railway Projects in Kyrgyzstan and Mongolia
Despite sharing similar desires to become transit corridors between Europe and Asia, Kyrgyzstan and Mongolia have been unable to prioritize new railway projects, whereas Kazakhstan is moving far ahead by building new railways connecting Chinese, Iranian and Russian rail networks. With the newly built second... MORE