Latest Articles about Economics

The Panda Hugs the Tucano: China’s Relations with Brazil

Brazil is the largest developing country in the Western Hemisphere, and China is the largest developing country in the world. According to some Western estimates, the combined economies of the BRIC (i.e. Brazil, Russia, India and China) countries would surpass the combined economies of the... MORE

Yerevan and Tehran Strengthen Economic Cooperation

Armenia and Iran have agreed to deepen their already close relationship by pressing ahead with several large-scale commercial projects, mostly related to energy supplies. The two neighboring states formalized these plans during Armenian President Serzh Sarksyan's recent official visit to Tehran. Iranian leaders used the... MORE

IMF to Resume Assisting Ukraine

The IMF's mission visited Ukraine April 8-17 and was satisfied with the results of its talks with the government. It will recommend that the IMF board resumes financial assistance to Ukraine in May. This means that Ukraine must avoid a critical depletion of its foreign... MORE

Russian Unemployment Figures Rapidly Rising

On Tuesday April 14, traffic on the Garden Ring Road in downtown Moscow was seriously hampered, as President Dmitry Medvedev made a high profile visit to the Institute of Contemporary Development (INSOR) -his pocket think tank, staffed with many known liberal academics. Medvedev's formal position... MORE

Medvedev Experiments With Liberalism as Economy Plunges

On April 15 President Dmitri Medvedev created a sensation by granting an exclusive interview to Novaya Gazeta, known, in his own words, for "not licking up" to anybody, and then held meetings with the Council for Civil Society Institutions and Human Rights and the Association... MORE

Kazakhstan’s Transport Policy Faces Political Dilemma

Kazakhstan's President Nursultan Nazarbayev on his recent visit to the United Arab Emirates (UAE) praised China's involvement in an important joint $7.5 billion transnational road construction project as an example of their partnership. He said Kazakhstan started the construction of its section of the 3,000... MORE

China and the Arctic: The Awakening Snow Dragon

China is very dependent on international shipping for its economic development. Any changes to world shipping routes will have a direct impact on China’s economy and potential trade with respect to both imports and exports. The Arctic Ocean is in a state of rapid flux... MORE