Latest Articles about Economics

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

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

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