Latest Articles about Economics
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Tajikistan Hosts Leaders of Afghanistan, Iran and Pakistan in Dushanbe for RECCA-V
On March 26-27, the Fifth Regional Economic Cooperation Conference on Afghanistan met in Dushanbe, Tajikistan to discuss regional cooperation and efforts to contribute to the stability of Afghanistan. President Emomali Rahmon of Tajikistan hosted counterparts Mahmoud Ahmadinejad (Iran), Hamid Karzai (Afghanistan), and Asif Ali Zardari... MORE
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“Breakthrough of Putin’s Energy Empire” in Croatia?
Croatia’s First Deputy Prime Minister and Economy Minister, Radimir Cacic, held talks with the Russian government and companies in Moscow on March 25-26, soliciting sweeping Russian investments in Croatia (“Breakthrough of ‘Putin’s empire’ in Croatia?” Vecernji List, March 28).The initiative originates this time in Zagreb,... MORE
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No Joy for Putin in Hand-Managing the Post-Election Economy
The “spring retreat” in the protest activity in Moscow has brought relief and jubilation to the Kremlin and the White House (the one on the Moskva River) where courtiers now devote themselves to the really exciting matters – dividing the bureaucratic spoils of the fraudulent... MORE
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Russia Seeks Increased Trade with China
Russia has repeatedly pledged to expand trade with China, the Kremlin apparently continuing to view the commercial ties as an important indicator of what was officially described as a “bilateral strategic partnership.” The increasing bilateral trade reflects a successful development of Russian-Chinese economic cooperation, said... MORE
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Coal to Newcastle? Understanding China’s Coal Importing Behavior
China’s dependence on other nations’ coal exports is growing. In 2009, China imported 126 million tons (Mt) of coal and became a net coal importer. In 2011, China sourced 182 Mt of coal from overseas suppliers, and overtook Japan as the world’s top coal importer.... MORE
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Turkey-Turkmenistan Ties Flourish in Economic Realm
Turkmen President Gurbanguly Berdimuhammedov’s visit to Turkey on February 28-March 1, highlighted the evolving nature of the two countries’ bilateral relations, built around flourishing economic ties. Berdimuhammedov’s first foreign trip since his reelection on February 12 also provided an opportunity to mark the 20th anniversary... MORE
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Belarus: No Change in the Offing
One of the weaknesses of Belarus’s geopolitical situation and indeed of its self-perception is that Belarus is a crossroads, a land in between. In many ways this cliché informs thinking about Belarus – while something of note is occurring within its borders, there is a... MORE
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China’s New Property Tax: Toward a Stable Financial Future for Local Government?
Just over a year ago, the Chinese government took the unprecedented step of launching a trial property tax in response to rising real estate prices. Since the mid-2000s in China, real estate prices have been going through the roof. In 2010, home prices in Shanghai... MORE
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China Eyes Greater Share of Turkey’s Rising Infrastructure Investments, Including Construction of a Nuclear Plant
China’s Vice President Xi Jinping’s visit to Turkey, where he held several meetings with Turkish leaders, has underlined the growing economic ties and diplomatic exchanges between the two countries, despite their failure to develop joint positions on political issues. Xi met Turkey’s president and prime... MORE
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Ablyazov Sentenced to Prison in UK for Contempt of Court
The fugitive Kazakh banker Mukhtar Ablyazov, accused of embezzling $5 billion from Kazakhstan’s BTA bank, was sentenced on February 16 to 22 months in prison for failing to disclose his assets and lying under oath to the High Court of England and Wales. Justice Nigel... MORE