Latest Articles about Economics
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
Ukraine May Harm Itself by Slapping Sanctions on Russia
On September 10, Ukrainian President Petro Poroshenko signed into law a bill on sanctions against Russia (president.gov.ua, September 10). The law was published in official newspapers on September 11, which gave Poroshenko legal grounds to, as soon as September 12, slap sanctions on Russia for... MORE
The Rationale Behind Putin’s Visit to Mongolia Amid the Ukrainian Crisis
While on a several-day visit to the Russian Far East (see Jamestown Blog on Russia and Eurasia, September 9), Russian President Vladimir Putin spent less than six hours in Ulaanbaatar, Mongolia, on September 3. He took this trip amidst the ongoing crisis in Ukraine and... MORE
Minsk: Facilitating Peace, but Benefiting From Conditions Shaped by War
The September 5 Minsk meeting of the Contact Group (CG) on Ukraine that resulted in a ceasefire deal continues to reverberate in the global media as does the overall conflict in Ukraine. For Belarus, two sets of issues appear noteworthy: the statements of the meeting’s... MORE