Bulgaria has a chance for another national emancipation (Vazrazhdene), in this case from total dependence on Russian energy supplies, under the new government. As an E.U. member country, Bulgaria can also contribute significantly to reducing European dependence on Russian energy monopolies. Given Bulgaria's key location... MORE

With much attention focused on China’s growing naval, shipbuilding and port infrastructure developments, it is easy to forget another important dimension of China’s maritime rise: China’s status as a major global fishing power.  With a total haul of over 17 million tons in 2007, China’s... MORE

On April 21, 2009, China formally concluded an agreement to lend $25 billion to Russian state-owned oil company Rosneft and pipeline monopoly Transneft in exchange for the completion of an oil pipeline from Skovorodino in Russia to Daqing in China.  Russian commentators claim that the... MORE

Several recent international decisions relating to Ukraine have shown that attitudes toward the local economy have improved following signs of stabilization. The International Monetary Fund (IMF) approved the allocation of another loan tranche, a rating agency expressed optimism on the sovereign ratings, and the European... MORE

Russia's attempts to promote a positive image of being a "reliable energy supplier" as well as a safe and profitable haven for foreign investments have played a significant role in Russian policy. To achieve this goal the Russian government and state-owned companies have hired Western... MORE

Prime Minister Vladimir Putin made his cabinet agree on a budget for 2010 that contains few anti-crisis ideas and hardly fits into the directives on stimulating innovations issued by President Dmitry Medvedev. As such, this budget proposal, which will be duly approved by the compliant... MORE

When the Russian state initiates an executive order to inspect citizens' mail (EDM, July 21), it is the regime's idea of business as usual. However, when big business initiates harsh legislation to ban foreign competition and invokes national security as the rationale, it might seem... MORE

Russian state-run gas giant Gazprom has cut its investment program in response to the difficulties it faces in the current economic downturn. These cost-saving measures contrasted sharply with Gazprom's pledge last year to become the world's largest company. Such efforts were supported by the Russian... MORE

Russian President Dmitry Medvedev and German Chancellor Angela Merkel headed large governmental delegations for bilateral talks on July 16 in Munich. The process, known as Russo-German inter-governmental consultations, involves informal semi-annual summits at which leading business representatives join the cabinet ministers on either side. The... MORE

Prime Minister Recep Tayyip Erdogan paid a one-day visit to Syria, which involved discussions on Turkey's mediator role between Israel and Syria. Erdogan and the Syrian President Bashar Assad discussed bilateral relations, regional developments and Turkey's peacemaking role in the region. Assad requested Turkey's mediating... MORE