Latest Articles about Economics

Russia Remains Stubborn on Non-Renewal of Ukraine Grain Deal

It has been almost two months since Russia terminated the United Nations–approved deal ensuring the safe export of Ukrainian wheat and corn from its Black Sea ports. And following his most recent meeting with Turkish President Recep Tayyip Erdogan on September 4 in Sochi, Russian... MORE

Chinese PSCs in MENA: The Cases of Iraq and (South) Sudan

Executive Summary In the Middle East and North Africa (MENA), China is determined to continue expanding its footprint primarily using economic and business-related tools. Defense and security cooperation, for now, plays a less important role in Beijing`s actions in the region. The activities of Chinese... MORE

Azerbaijan Bolsters Cooperation With Balkan Countries

On July 6, Albanian President Bayram Begai visited Azerbaijan and engaged in discussions with his Azerbaijani counterpart Ilham Aliyev on bilateral political relations, joint activities in international organizations, trade, economic matters and investment opportunities (Kaspi.az; Report.az, July 8). These talks underlined Baku’s increased attention to... MORE

Kazakhstan Seeks New Energy Export Routes

Kazakhstan recently expressed concerns about the security of the Russian Port of Novorossiysk, which Astana uses to export most of its oil. Energy Minister Almasadam Satkaliyev said that Kazakhstan will discuss the port’s security following the drone attacks on August 4 that led to the... MORE

India Losing Its Steep Discount on Russian Crude Oil

The discount enjoyed by India on Russian crude oil since Moscow’s full-scale invasion of Ukraine in February 2022 has now shrunk from around $30 to $4 per barrel. Yet, while steep discounts have plunged, the Russian-managed shipping rates continue to remain higher than normal. India is... MORE

Azerbaijan Concerned by India’s Weapons Sales to Armenia

Recent events in the South Caucasus have highlighted an overlooked development in the global weapons market: the rise of India as an arms exporter. Armenia has purchased Indian armaments amid ongoing tensions with Azerbaijan, a close ally of Pakistan and Turkey, procuring a variety of... MORE

Russia’s Uncertain Aims for Moon Exploration

On August 11, Russia launched its long-delayed Luna-25 mission to the Moon, with the probe aiming to land on the lunar surface in the coming days (TASS, August 11). The main purposes of the Luna-25 launch include the demonstration of Moscow’s technological prowess and landing... MORE