Latest Articles about Economics
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Japan Quietly Playing a Growing Role in Central Asia
When the role of outside powers in Central Asia is considered, Japan is often not among them—despite the fact that it has a unique advantage which has opened the way to considerable success in the areas where Tokyo has employed it. It is an Asian... MORE
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India: One of the Biggest Beneficiaries of the War in Ukraine
On April 10, during her first official visit to India after Russia launched its all-out war against Ukraine in February 2022, Ukrainian Deputy Foreign Minister Emine Dzhaparova urged the Indian government to diversify its energy and military resources. “We think that it is crucial to... MORE
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Russia Faces Serious Problems in Helping China Corner Rare Earth Mineral Market
Moscow very much hopes to strengthen both itself and its alliance with Beijing by helping China corner the rare earths market in response to American plans for a blockade of Chinese technology producers. Russia could do so by providing supplies of these critical minerals to... MORE
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Can Beijing Seize the “Opportunity of the Century”?
As President Xi Jinping said farewell to his host and Russian counterpart Vladimir Putin at the end of his visit to Moscow last month, a few Western media outlets caught the Chinese strongman’s parting words to his good friend on the doorstep of the Kremlin:... MORE
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Kazakhstan Building Up Caspian Tanker Fleet to Bypass Russia
In an aim to make itself more independent of Russia, Kazakhstan is rapidly expanding its fleet of oil tankers so it can ship more oil across the Caspian to Azerbaijan and then onward to the West via the Baku-Tbilisi-Ceyhan pipeline—rather than using mostly Russian routes... MORE
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Azerbaijan Pivots to the Balkans
On April 13, Azerbaijani President Ilham Aliyev paid an official visit to Sarajevo, Bosnia-Herzegovina. While there, Aliyev met with his counterparts, the members of the Bosnian tripartite presidency, Željka Cvijanović, Denis Bećirović and Željko Komšić (Azertac, April 13). Despite the shortness of the visit—Aliyev departed... MORE
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Belarus and Russia Advance Economic Integration (Part One)
Russia’s war against Ukraine has understandably overshadowed numerous other developments across Eastern Europe that would normally attract significant international attention. One of these is the lingering theme of bilateral integration between Belarus and Russia under the auspices of the Union State. And even with the... MORE
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Moscow Wants Russian Society to Pay for War in Ukraine (Part Two)
*Read Part One. Russia’s war of aggression against Ukraine is creating a myriad of problems for the Russian economy. While the Russian state budget is experiencing a deficit, the Russian Central Bank posted some uninviting news: its annual deficit for 2022 was 27 times higher... MORE
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Azerbaijan and Kazakhstan Optimize Middle Corridor
On April 10, Azerbaijani President Ilham Aliyev paid a one-day official visit to Kazakhstan (President.az, April 10). This visit took place about six months after the first official visit of Kazakhstani President Kassym-Jomart Tokayev as the head of state to Azerbaijan in August 2022 (The... MORE
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Rising Russian-Chinese Tensions Over NSR Could Spark Russian Military Clash With West
In March 2023, at his summit meeting in Moscow with Chinese President Xi Jinping, Russian President Vladimir Putin announced that he was ready to create a joint Chinese-Russian working group to develop what the Russians call the Northern Sea Route (NSR) and the Chinese the... MORE