Latest Articles about Economics

Dubious Russian Claims of ‘Doubling’ Arms Production

On September 19, Russian President Vladimir Putin offered comments on the state of Russian defense production at a meeting of Russia’s Military-Industrial Commission in Izhevsk. Putin declared that the production of battle tanks and armored vehicles had doubled from January to August 2023, as compared... MORE

Georgia Intensifies Its Relationship With China

On September 6, China’s ambassador to Georgia, Zhou Qian, made an important declaration regarding Beijing’s interest in the development of the deep-water Port of Anaklia in Georgia. Zhou made clear that China considers the port a “critical component” of the Belt and Road Initiative (BRI)... MORE

Russian Influence Fades in the Multi-Aligned South Caucasus

In a recent interview on September 13, Armenian Prime Minister Nikol Pashinyan reiterated that Armenia can no longer rely on Moscow as a guarantor of its security (Asbarez.com, September 13). This comes against the backdrop of renewed tensions in the South Caucasus, as recent events... MORE

Russia’s Drone Industry Hits Serious Turbulence

Russia’s war against Ukraine has challenged its military’s approach to unmanned aerial vehicles (UAV) and the Russian industrial base that supports the development and production of UAVs. According to open-source intelligence, Russia lost about 300 reconnaissance and combat drones as confirmed by photo or video... MORE

Iran Hopes to Play Spoiler With Planned EU-India Corridor

On September 9, at the G20 summit in New Delhi, United States President Joe Biden signed a memorandum of understanding (MoU) with India and a number of Middle Eastern countries and European Union member states. The agreement aims to create a new trade corridor linking... MORE

Russia’s Diminished Global Status Exposed in India

Russian President Vladimir Putin’s absence at the G20 summit in New Delhi on September 9 and 10 was not all that surprising and seemed hardly registered by any of the two dozen world leaders who attended. Putin also missed the previous summit in Bali, Indonesia,... MORE

Political Drivers of China’s Private Sector Demise

Beijing has recently introduced a blitzkrieg of regulatory measures targeting industries ranging from video games and financial technology to food delivery and education (Tuzhixi, July 27, 2021). The introduction of these regulatory measures has had profound implications on China’s economic trajectory. China’s tech giants have... MORE