Latest Articles about Economics

Azerbaijan Opens New Water Pipeline

After almost four years of construction, the Oguz-Gabala-Baku water pipeline was inaugurated on December 28, 2010. Costing almost $1 billion, the pipeline is already termed by many in Azerbaijan as the “second BTC,” referring to the strategically important Baku-Tbilisi-Ceyhan pipeline built a decade ago to... MORE

Davutoglu Outlines the Contours of the New Turkish Foreign Policy

The Turkish foreign ministry is currently holding its third ambassadors’ conference, entitled “Visionary Diplomacy: Global and Regional Order from Turkey’s Perspective,” which brings together diplomats serving in Turkish missions worldwide. These conferences, held since July 2008, have been a major component of Ahmet Davutoglu’s agenda... MORE

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

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

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

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