Latest Articles about Economics

Russian Arms Production Q2 2023

According to recent leaks, Russian national defense spending surpassed 5.59 trillion rubles (more than $72.2 billion) for the first six months of 2023. The overall annual budget for the year was originally planned for 5.1 trillion rubles, or $74.7 billion according to the estimated exchange... MORE

Turkey’s Pivot West Disrupts Relations With Russia

On July 9, Turkey freed the commanders of the well-known Ukrainian Azov regiment after months of hosting them as a part of a deal with Russia (Ukrinform, July 31). The fighters surrendered to Russian forces after weeks of brutal siege and resistance at the Azovstal... MORE

Regional Ties Deepening Between Central Asia and South Caucasus

On June 23, Kazakhstan, Azerbaijan and Georgia established a joint logistics company to improve cargo transportation between Central Asia and the South Caucasus in both directions (Bm.ge, June 23). More recently, on July 17, Uzbekistan Prime Minister Abdulla Aripov paid a visit to Georgia where... MORE