Latest Articles about Economics
Iran Courts Kazakhstan to Reengage With Central Asia
On September 9, Iranian President Hassan Rouhani paid his first official visit to Kazakhstan since taking office last August, when he succeeded the much abrasive Mahmoud Ahmadinejad. This visit took place against the backdrop of a new round of direct talks between Tehran and the... MORE
No More International Flights From Russian-Occupied Crimea
As a result of the confluence of two developments, one welcome and encouraging and the other dangerous and worrisome, the airline that had maintained a route between Simerfopol (the capital of Crimea) and Turkey is ending that service. Andrey Sokolov, the Russian deputy minister for... MORE
Ukraine Not Ready for Winter Without Russian Gas
Russia has been threating those European states that have continued to deliver natural gas to Ukraine after Russia has cut its own supplies to the vulnerable Eastern European country. More recently, some progress has been made in the Russia-Ukraine gas talks being mediated by the... MORE
Russia Gears up for a New Spasm in the Hybrid War
Big guns have mostly remained silent in eastern Ukraine last week, but diplomatic battles at the United Nations General Assembly have not shown any recess. Russia used to be able to score some easy points at this seasonal show by denouncing the United States’ unilateralism... MORE
A Change in International Relations and a Thaw With the West
Belarusian analysts continue to assess the change in the international order, driven by the crisis in Ukraine, while Belarus’s relations with the West continue to gradually improve. To some extent, these phenomena are inter-related, and Russia’s worsening image in the eyes of the West may... MORE
Iranian Rail Links and the Geopolitics of the South Caucasus
Both Armenia and Azerbaijan are seeking to link their national railways with those of Iran, something that could be an economic lifesaver for Yerevan and an additional outlet for Baku’s exports of Caspian oil and gas. At present, Azerbaijan has the advantage because it does... MORE
Turkmenistan Becoming Regional Railway Hub
Buoyed by its rising hydrocarbon revenues, Turkmenistan is using some of that income to reduce its geographical isolation by upgrading and expanding its railway network while linking it to those of its neighbors. The most recent development is an Iran-Turkmenistan-Kazakhstan railroad, scheduled to be inaugurated... MORE
Yevtushenkov’s Arrest: A Stern Warning to All the Wealthy and Powerful
The Russian business community was shocked by the arrest this week (September 16) of one of Russia’s richest industrialists—billionaire-tycoon Vladimir Yevtushenkov (65), accused of money laundering. In 2009, Yevtushenkov acquired Bashneft, a major oil and petrochemical company. Prosecutors allege Bashneft was illegally privatized by Ural... MORE
Turkish Businesses Seek to Open North Caucasus to the Outside World
On September 7, representatives of the Turkish government-owned company Caykur met with North Ossetia’s Prime Minister Sergei Takoev to discuss an investment project in the Russian republic. Caykur applied for a swath of land in North Ossetia on which to build a tea packing plant... MORE
Ukrainian Economy in Dire Straits, Being Destroyed by War
If turmoil in Donbas, Ukraine’s industrial heartland comprising the provinces of Donetsk and Luhansk, continues, next year will be the third year without economic growth for the country. This is especially detrimental for an emerging economy that has not yet overcome the devastating effects of... MORE