Latest Articles about Economics

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

Azerbaijan Concerned by India’s Weapons Sales to Armenia
Recent events in the South Caucasus have highlighted an overlooked development in the global weapons market: the rise of India as an arms exporter. Armenia has purchased Indian armaments amid ongoing tensions with Azerbaijan, a close ally of Pakistan and Turkey, procuring a variety of... MORE

Russia’s Uncertain Aims for Moon Exploration
On August 11, Russia launched its long-delayed Luna-25 mission to the Moon, with the probe aiming to land on the lunar surface in the coming days (TASS, August 11). The main purposes of the Luna-25 launch include the demonstration of Moscow’s technological prowess and landing... MORE

Xi’s Mismanagement Fuels Political Scandals and Exacerbates Economic Woes
Introduction After emerging as China’s “leader for life” and filling top party organs such as the Chinese Communist Party (CCP) Central Committee and the Politburo with members of his own faction, paramount leader Xi Jinping has been relentlessly buffeted by what he refers to as... MORE

During Past 15 Months, Russians Register Over 21,000 Enterprises in Georgia
On July 25, influential nongovernmental organization (NGO) Transparency International published a new report on Russian citizens’ recent activities in Georgia. According to the document, since February 24, 2022, after the start of Russia’s full-scale invasion of Ukraine, Russian citizens have registered 21,326 enterprises of various... MORE