Latest Articles about Economics

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

Belarus and the ‘End of Peace’ in Europe

On July 31, the international Contact Group, which aims to resolve the crisis in Ukraine (see EDM, July 18), met in Zaslavl, Belarus. It was attended by former Ukrainian president Leonid Kuchma, Russia’s ambassador to Ukraine Mikhail Zurabov, some representative of the self-proclaimed Donetsk People’s... MORE

Putin Picks the Worst of All Bad Choices

With the arrival of August, political expectations in Russia, informed by the long experience of setbacks and disasters, are turning negative. Second thoughts about the “victorious” war with Georgia that erupted six years ago blend with reflections on the centennial anniversary of World War I... MORE

Is Russia Resuming a Trade War Against Georgia?

The Russian government has announced the imminent suspension of the Free Trade Regime between the Russian Federation and Georgia, which had been in place since 1994, following Georgia’s accession to the Commonwealth of Independent States (CIS) (Civil Georgia, July 31). Moscow established the same regime... MORE