Latest Articles about Economics
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Medvedev Enjoys Foreign Policy “Successes”
Russian President, Dmitry Medvedev, has completed an unprecedented foreign policy marathon that started on October 19, with the a trilateral meeting in Deauville with French President, Nicolas Sarkozy, and German Chancellor, Angela Merkel, followed by the summits of the G20, Organization for Security and Cooperation... MORE
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Russia Tries to Exploit European Disunity
The big surprise that rejoiced the vast majority of Russians last Friday was the decision by the International Federation of Football Associations (FIFA) to hold the 2018 World Cup tournament in Russia. One person who did not appear surprised was Prime Minister, Vladimir Putin, who... MORE
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China and Burma to Finalize High-Speed Rail Project
China and Burma (Myanmar) are reportedly finalizing a detailed plan that could start work on a high-speed railroad connecting the two countries in as quickly as two months, with some reports indicating that the railroad will be completed by 2015 (China Daily, November 22, Xinhua... MORE
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Mongolia Approves New Rail Project with Great Powers in Mind
On November 2, the Mongolian newspaper MN-Onoodor reported that the Mongolian cabinet had adopted a plan to extend the existing railway infrastructure. The plan envisages the construction of a 1,100 kilometer-long internal railroad to begin later this year. The proposed railroad would connect Dalanzadgad, the... MORE
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Ukraine Achieves Limited Progress in EU Integration
In November, the European Union offered Kyiv a plan for visa-free travel and the European parliament recognized that Ukraine has a right to apply for EU membership. Previous Ukrainian governments, perceived in Europe as more pro-European than the current one, could not boast such achievements.... MORE
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Medvedev Highlights Possible Zastoi as Political System Decays
On November 30, President Dmitry Medvedev will deliver his annual address to parliament in a highly ritualized ceremony solemnly demonstrating loyalty and obedience to the “boss.” The triple irony of this event is in the non-existent personal loyalty to the junior member of the ruling... MORE
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Beijing Wages Economic Diplomacy to Counter “China Threat” Theory
Beijing is waging an economics-focused diplomacy of reassurance to counter the “China Threat” theory and to augment its political clout particularly in the Asia-Pacific and European regions. In the last two years of its term of office, the Hu Jintao leadership is expected to use... MORE
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China’s Expansionist Policy Toward Kazakhstan Takes a New Turn
In a bid to expand its presence in Central Asia in geopolitical competition with the US and Russia, China seems determined to use every available means ranging from the energy sector to intensifying its military cooperation within the framework of bilateral “strategic partnership” programs. One... MORE
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Kremlin Plan for Resettling Unemployed Ingush in Sverdlovsk Falters
Ingush settlers who come to Russia’s Sverdlovsk region, located in the Ural mountains, in search of work have found little employment and government support. “From the very beginning, this widely advertised [Ingush resettlement] program was doomed to failure,” the former representative of Ingushetia in Sverdlovsk... MORE
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Medvedev Adrift in a Sea of Economic Multi-polarity
The G20 summit in Seoul last week was outstanding in its intensity of divergences that this crisis-born institution sought to harmonize. The US unfortunate unilateralism in money-making and China’s shameless currency manipulation, the prudence of budget austerity and the need in stimulating stalled growth, irreducible... MORE