Latest Articles about Economics

Beijing Builds its Eurasian Transportation Network

China continues to make progress in building its Eurasian transportation networks with the aim of deepening its economic ties in Central and South Asia as well as providing a foundation for its regional security interests. Gwadar, a port town in western Pakistan close to Iran... MORE

Putin’s Russia at a Crossroads Politically and Economically

The Russian government, the expert community in Moscow and the national economic elite are actively discussing the economic future of the nation and possible drastic financial policy changes as the economy slumps into potentially long-term stagflation, which may fundamentally destabilize the regime. The elite’s discord... MORE

Power Struggle in Dagestan Changes Political Landscape

Dagestani billionaire Suleiman Kerimov is set to leave the Federation Council, the upper chamber of the Russian parliament, according to a report published in the newspaper Izvestia on March 29. Kerimov is among the wealthiest Dagestanis close to the Russian government. The parliament’s lower house,... MORE

Belarus: Between Tangible Benefits and Make-Believe Policies

Recent events around Belarus draw attention to a chasm between the Belarusian policies pursued by Russia and by the West. This month, Russia agreed to retain an unprecedented scale of duty-free oil deliveries to Belarus. Under the current deal, Russia exports crude oil to Belarus,... MORE

Russian-Kazakhstani Energy Spat Favors China

On March 7, Kazakhstan’s parliament ratified the bilateral agreement with Russia on the duty-free import of Russian oil into Kazakhstani territory. The initial agreement on Kazakhstani-Russian cooperation in the field of energy was signed back in December 2010, but it did not exempt hydrocarbon supplies... MORE

Dmytro Firtash Launches New Opaque Gas Intermediary

For 20 out of the 22 years of Ukraine’s independence (with the exception of the period 2009–2010), the country’s domestic energy market has been dominated by opaque gas intermediaries. Gazprom’s Itera and Yulia Tymoshenko’s United Energy Systems of Ukraine operated during the first decade of... MORE