As Moscow reiterated its promises to write-off much of Pyongyang’s Soviet-era debt, Russia once again tried to offer Kim Jong-Il some economic carrots in an apparent bid to play a bigger role in international efforts to defuse tensions on the Korean Peninsula.Russia’s renewed efforts to... MORE

Since coming to power in February 1999, Venezuelan president Hugo Chavez has waged a highly visible campaign against the U.S. and Western “imperialism” in Latin America, replete with fiery rhetoric, nationalization of strategic industries, the creation of alternative regional institutions, support for a range of... MORE

For the last fifteen years, Belarus has been the world’s leader in terms of the sheer number of predictions of its imminent economic collapse. And yet since 1996, the country has demonstrated steady, impressive and, in the words of a 2005 World Bank report, “broad-based”... MORE

Russia keeps bewildering the public with extravagant economic plans for the North Caucasus that are supposed to pacify the region. According to Russian officials, it is unemployment that is causing the problems there (www.russiatoday.ru, 24, December 2010). To provide employment for the local population, ski... MORE

The Russian Ministry of Economic Development has issued a bleak prognosis for the economic future of Belarus, anticipating that the country will enter a period of recession in 2012, which will be followed by gradual recovery in future years (www.naviny.by, September 24). The report contrasts... MORE

On September 16, the French state bank Caisse des Depots et Consignations and Russian state company Resorts of the North Caucasus signed an agreement on setting up a joint venture. The French bank promised to raise 10 billion Euros ($14.2 billion) within a year for... MORE

On July 27, the Kyrgyz government issued a decree aimed at ensuring price cuts for domestic flights between the capital Bishkek in the north and Batken and Isfana towns in the south. Traveling this distance by road can take up to 24 hours, compared to... MORE

From September 7 to September 10, Chinese Vice Premier Wang Qishan led a delegation of senior government officials and business leaders to hold the Fourth UK-China Economic and Financial Dialogue. This trip is just one of the many high profile visits Chinese central leadership have... MORE

Kazakhstan and Italy are developing a major strategic partnership that is rapidly altering ties between the two countries. For Italy, one of the main and constant aims of Italian foreign policy – regardless of the political orientation of its government – is to guarantee the... MORE

Bishkek and Beijing may soon sign a long-anticipated agreement on the construction of the “China-Kyrgyzstan-Uzbekistan” railroad. Kyrgyz Prime Minister Almazbek Atambayev will travel to China to discuss the project’s details. The Kyrgyz government considers the railroad to be an important component in the country’s economic... MORE