Latest Articles about Economics
The Chinese Debate on Economic Reform
A steady drumbeat of ominous data and troubling commentary on the state of China’s economy has punctuated the summer months. Reports from the commentariat in the anglosphere have provided diagnostic analysis and detailed potential policy solutions that the Chinese government might pursue. However, China’s central decision... MORE
Russia Eyes Civilian Nuclear Markets in Africa
On July 27 and 28, during the Russia–Africa Summit in St. Petersburg, Russian officials signed a number of intergovernmental memorandums and agreements regarding possible future cooperation in nuclear energy with Burundi (Rosatom.ru, July 27), Zimbabwe (Rosatom.ru, July 27) and Ethiopia (Rosatom.ru, July 28). Moreover, Russian... MORE
Western Sanctions and Personnel Shortages Plague Russia’s Aircraft Industry
On August 29, a new version of Russian commercial aircraft, the SJ-100 (formerly known as the SSJ-100), completed its first flight. The main difference between the new SJ-100 and the old SSJ-100 is that extensive import substitution efforts were carried out to source the necessary... MORE
Russia Remains Stubborn on Non-Renewal of Ukraine Grain Deal
It has been almost two months since Russia terminated the United Nations–approved deal ensuring the safe export of Ukrainian wheat and corn from its Black Sea ports. And following his most recent meeting with Turkish President Recep Tayyip Erdogan on September 4 in Sochi, Russian... MORE
Turkey Planning to Become Dominant Naval Player in the Caspian
Russia’s Caspian Flotilla has been dominant in the inland sea for so long that many have ignored the fact that, over the past several years, it has ceased to be the only national navy that matters. Outside powers, due to the expansion of their navies,... MORE
Chinese PSCs in MENA: The Cases of Iraq and (South) Sudan
Executive Summary In the Middle East and North Africa (MENA), China is determined to continue expanding its footprint primarily using economic and business-related tools. Defense and security cooperation, for now, plays a less important role in Beijing`s actions in the region. The activities of Chinese... MORE
Azerbaijan Bolsters Cooperation With Balkan Countries
On July 6, Albanian President Bayram Begai visited Azerbaijan and engaged in discussions with his Azerbaijani counterpart Ilham Aliyev on bilateral political relations, joint activities in international organizations, trade, economic matters and investment opportunities (Kaspi.az; Report.az, July 8). These talks underlined Baku’s increased attention to... MORE
Kazakhstan Seeks New Energy Export Routes
Kazakhstan recently expressed concerns about the security of the Russian Port of Novorossiysk, which Astana uses to export most of its oil. Energy Minister Almasadam Satkaliyev said that Kazakhstan will discuss the port’s security following the drone attacks on August 4 that led to the... MORE
Central Asia Cultivates Increased Attention on International Stage
On July 18 and 19, the Saudi city of Jeddah hosted a historic geopolitical event—the first-ever summit between the leaders of Central Asia and the Arab world. The presidents of the five Central Asian states—Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan—met with the heads of state... MORE
India Losing Its Steep Discount on Russian Crude Oil
The discount enjoyed by India on Russian crude oil since Moscow’s full-scale invasion of Ukraine in February 2022 has now shrunk from around $30 to $4 per barrel. Yet, while steep discounts have plunged, the Russian-managed shipping rates continue to remain higher than normal. India is... MORE