In 2012, Belarus was recovering from the financial crisis, the peak of which was in summer 2011. The achievements along this line have been the international trade surplus, the 20-percent growth of personal incomes (throughout 2012), and a relatively stable exchange rate of the Belarusian... MORE

The long-delayed, Chinese-funded Entebbe expressway in Uganda once again is running into delays as government funds are insufficient to compensate the citizens who will lose their land to the highway. Although construction began only last month, Entebbe claims it has only sufficient funds to buy... MORE

General Secretary Xi Jinping has lost no time in reassuring the world that his Chinese Communist Party (CCP) administration will not only persevere with reforms championed by late patriarch Deng Xiaoping but also “initiate new paths.” Shenzhen, the special economic zone (SEZ) that is synonymous... MORE

In early December, the Anti-Crisis Fund Council of the Eurasian Economic Community approved the latest (fourth) tranche of a $3 billion loan (Belarusian Telegraph Agency, December 7), approved in June 2011 to assist Belarus in overcoming an economic crisis. The Council is expected to release... MORE

On November 30, the deputy director of OJSC Northern Caucasus Resorts, Vladimir Yevdokimov, upbraided the Kabardino-Balkarian authorities for obstructing the company’s expansion plans in the republic. Earlier, several members of the republican legislature stated they would veto allocation of land to OJSC Northern Caucasus Resorts.... MORE

In recent months, Kazakhstan and Georgia have joined with Azerbaijan and Turkey to make considerable progress in their Silk Wind Project, which aims to construct a high-speed, multimodal container transportation system for freight shipments between the countries of Europe, the Caucasus and Asia. According to... MORE

On November 16, Russia’s Federal Security Service announced it had intercepted a channel that supplied gold from Russia’s north to Ingushetia. The security services confiscated over 17 kilograms of gold from an unnamed individual in the city of Kazan, Tatarstan. The same individual, a resident... MORE

Political instability in post-election Ukraine may soon be be compounded by economic and financial instability that has the potential for social unrest. The World Bank calculates that Ukraine has the second lowest per-capita income in Europe followed by Moldova. Ukraine, which was the second largest... MORE

In late June 2012, when Uzbekistan’s Ministry of Foreign Affairs officially declared Tashkent’s decision to suspend its membership in the Collective Security Treaty Organization, the country’s National Communications Inspectorate published a report concerning the activities of a Russian-owned company, O’zdunorbita. Established in 1991, this mobile... MORE

Under the presidency of Alyaksandr Lukashenka, Belarus’s relationship with Russia has always been one of amity combined with duplicity. In theory, Minsk’s position is that of the weaker partner, dealing with a country that can be quite ruthless in terms of using its economic clout... MORE