Latest Articles about Economics

Belarus Sues Russia in the CIS Economic Court

In a precedent-setting move, Belarus is suing Russia in the CIS Economic Court. The case at hand concerns Russian export duties on refined oil products and “petrochemical raw materials” to Belarus. The procedure could open the way for recourse to the CIS Economic Court on... MORE

Google and China’s Changing Economic Paradigm

Following two months of tussling with the Chinese government—much of it under the glare of intense media coverage—Google Inc. (GOOG) abandoned its core business in the world's most populous nation. Specifically, on March 22, the Mountain View-based company announced it had stopped censoring search results... MORE

Azerbaijan Seeks New Partners to Diversify its Economy

On March 19, during the launch of construction works for the large shipbuilding factory in the outskirts of Baku, President Ilham Aliyev announced: “At the moment, in Azerbaijan, we are conducting a policy of large-scale industrialization” (Azertaj news agency). As he made the statement, he... MORE

Strategic Implications of China’s Access to the Rajin Port

At the recently concluded National People's Congress (NPC), Chinese Communist Party (CCP) Deputy Secretary-General of the Yanbian Korean Autonomous Prefecture in Jilin Province, Li Longxi, announced that North Korean authorities are currently studying a proposal to grant a 10 year extension to China's lease of... MORE

Russia and Kazakhstan Consider Reviving Bilateral Trade

Moscow and Astana have reiterated their earlier pledges to boost bilateral economic and energy partnership. However, the two former Soviet states have proved slow to complete existing energy projects, while bilateral trade has also declined. During a meeting in Moscow, between Russian Prime Minister, Vladimir... MORE

Beijing Seeks Paradigm Shift in Geopolitics

China’s on-going tussle with the United States over issues including Taiwan, Tibet and trade is in a sense nothing new. For more than two decades, Sino-U.S. relations have periodically gone through rough patches over these and related causes of disagreement. What is new is China’s... MORE