Latest Articles about Economics
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
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
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
Uzbekistan Considers Closer Ties with the Persian Gulf
Uzbekistan is increasingly set on expanding regional trade and transport initiatives, which is also part of a wider regional trend. In September, Uzbek President, Islam Karimov, and his Azeri counterpart, Ilham Aliev, agreed to support regional transit projects as part of overall efforts to revive... MORE
Ramzan Kadyrov’s Regime is Unable to Cope with Sagging Chechen Economy
On November 4, mass protests occurred in Chechnya. Workers with the state construction firm Spetsstroi stayed off the job after not having been paid for four months, and went back to work only after they were promised that they would soon receive their back pay.... MORE
Russia Targeting Oil Assets in Poland and Lithuania
On October 30, Poland announced its intention to privatize the state-owned majority stake in the country’s second-largest oil industry concern, Lotos Group. The Polish government is inviting interested parties to pre-tender talks on the Lotos Group. The government has already talked with the Russian government... MORE
Turkey Tries to Engage Mongolia, Despite Dim Prospects
Turkey and Mongolia held their sixth Joint Economic Commission (JEC) meeting in Ulaanbaatar on October 26. Deputy Prime Minister, Bulent Arinc, headed the Turkish delegation, and Mongolia’s Environment and Tourism Minister, Luimed Gansukh, signed a memorandum of understanding to boost economic and commercial relations. Related... MORE
Russia Struggles to Develop New Joint Ventures with Mongolia
The Kremlin has repeatedly pledged to implement sizable infrastructure development projects in Mongolia. However, new Russian projects in this neighboring state have tended to be slow to materialize. In an apparent bid to speed up joint projects, in early October Russia and Mongolia moved to... MORE
Russia Considers Increased Gas Production
Moscow has reiterated its pledges to develop the Russian natural gas sector and significantly increase domestic production and exports. However, it remains to be seen whether Russia will be able to deliver on its permanently increasing gas output plans against a background of growing domestic... MORE
Can Iran’s Islamic Revolutionary Guard Corps Maintain its Operational Capability in a Sanctions Regime?
The lasting impact of the latest round of sanctions slapped on Iran in June by the United Nations Security Council followed by an additional and more stringent unilateral sanctions regime levied by the United States – the chief proponent of sanctions – and the European... MORE