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

Russo-Japanese Ties Remain a Casualty of War With Ukraine

Russian ties with Japan have clearly suffered serious damage due to Moscow’s aggression against Ukraine. Apparently, there will not be a visit by Russian President Putin to Japan anytime soon, despite previous wishes for such a trip by both sides (Asahi Shimbun AJW, September 24).... MORE

A Thaw With the West and Its Underpinnings

On September 22, the Belarus-USA Investment Forum was held at the Grand Hyatt hotel in midtown Manhattan. The forum featured speakers such as Belarusian Prime Minister Mikhail Myasnikovch, Economy Minister Nikolay Snopkov, Development Bank chairman Sergei Roumas, as well as Minsk-based High Tech Park Director... MORE