Latest Articles about Economics
The Legacy of Soviet Nuclear Industry in Tajikistan: Opportunities and Challenges
In April, Rustam Latifov, the head of the Tajik Parliament’s Ecological Commission, announced Tajikistan’s intention to seek international donors to help secure more than 50,000 tons of radioactive waste in Taboshar and distribute humanitarian funds for 2,000 people in the immediate vicinity who are particularly... MORE
Sino-Philippine Tension and Trade Both Rising amid Scarborough Standoff
Tensions are once again on the rise in the South China Sea. On April 10, a standoff began when two Chinese surveillance vessels blocked a Philippine warship from detaining Chinese fishermen suspected of poaching near the contested Scarborough Shoal. There has been a tense deadlock... MORE
Turkey Inches Closer to Nuclear Cooperation with China
Turkish Prime Minister Recep Tayyip Erdogan, accompanied by members of his cabinet, paid an official visit to China on April 8-11. The first by a Turkish PM in 27 years, the trip was remarkable in many ways and underlined the parties’ continued determination to deepen... MORE
Azerbaijan’s Petkim Takeover to Overhaul Turkey’s Petrochemical Industry
Azerbaijan’s State Oil Company (SOCAR) is poised to become the largest direct foreign investor in Turkey. According to company president, Rovnag Abdullayev, and foreign investment department chief Vahit Aliyev, SOCAR plans to invest $17 billion in Turkey in 2012-2017, concentrated on two flagship projects: construction... MORE
China Fêtes Turkish Leader as Beijing Recognizes Ankara’s Growing Role
On April 11, Chinese President Hu Jintao met with Turkish Prime Minister Recep Tayyip Erdogan in Beijing during the latter’s lavish if brief state visit. Both sides naturally promised cooperation and to expand ties (Xinhua, April 11; China Daily, April 11). The visit marked the... MORE
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
“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
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
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
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