Latest Articles about Economics

Caspian Summit Increases Russia’s Regional Power

On September 29, the presidents of the Caspian littoral states—Russia, Kazakhstan, Iran, Azerbaijan and Turkmenistan—attended the fourth Caspian Summit, held in Astrakhan (TASS, kremlin.ru, September 29). This year’s meeting of the heads of state once again produced no definitive five-way agreement to effectively delineate Caspian... MORE

Russian Banks Face Dim Prospects as Ukraine Crisis Lingers

With the diplomatic standoff between Russia and the West over Ukraine still far from reaching a resolution, and as Moscow continues to support the separatist movements in eastern Ukraine’s Donetsk and Luhansk provinces, the Russian economy keeps sliding into a recession. The International Monetary Fund... MORE