Latest Articles about Economics
Russia Stays on the Course of Economic Delusion and Military Attrition
The summer economic forum in St. Petersburg used to be a vanity fair of Russian opulence and corruption. But last week's modest, if not frugal, event was rather an exercise in self-reassurance of sustainable stagnation. The international profile of the event was seriously curtailed, and... MORE
Tajikistan Aims to Revitalize Transportation Corridor to Europe
Turkmenistan and Tajikistan plan to collaborate on creating a new transport corridor that will allow both countries to access Europe via the Caspian Sea. On May 10, in Dushanbe, with the participation of both heads of state, Emomali Rahmon and Serdar Berdimuhamedov, 24 new documents on... MORE
A New ‘Georgian Dream?’: Tbilisi Moves for Economic Gains Over Security Guarantees
On June 5, Georgia announced plans to build a second civilian airport near Tbilisi. During a recent government meeting, Prime Minister Irakli Garibashvili reiterated this decision and justified it with the government’s intentions to turn the country into an international air transport hub (Facebook.com/GaribashviliOfficial, June... MORE
Moscow Seeks to Use Ammonia Pipeline Blast to Pressure West on Ukraine
Moscow and Kyiv have been trading barbs over who is to blame for the explosion on the Togliatti-Odesa ammonia pipeline on June 5, with the Russian side saying it was the work of Ukrainian “terrorists” and the Ukrainian side saying that it was the result... MORE
Russia Planning Year-Round Navigation of Northern Sea Route in Early 2024
Western sanctions and changes in climate are impelling Moscow to realize a dream dating back three centuries to the time of Tsar Peter the Great—an all-water route from the Barents Sea to the Pacific through Russia’s coastal Arctic waters. During a Kremlin video conference on... MORE
Growing Russian-Iranian Partnership Along the North-South Corridor
In a recent development, on May 17, Russia and Iran officially signed an agreement for the construction of the Rasht-Astara railway (Kremlin.ru, May 17). This railway project holds immense significance as it addresses a key missing link in the International North-South Transport Corridor (INSTC). The... MORE
Revival of TAPI Pipeline Project Brings Serious Geopolitical Implications for Russia
Turkmenistan and Pakistan continue their talks on the revival of the Turkmenistan–Afghanistan–Pakistan–India (TAPI) pipeline, and a bilateral meeting on the issue in Islamabad will be announced soon—possibly in late June 2023. For its part, Ashgabat is keen on moving ahead with the project, while energy-deficient... MORE
Lavrov Returns to Africa
Russian Foreign Minister Sergei Lavrov has engaged in vigorous activity in Africa and Latin America over the past six months. He visited Brazil, Cuba, Venezuela and Nicaragua in Latin America, while in Africa, the Russian minister traveled to South Africa twice, Eswatini, Angola, Eritrea, Mali,... MORE
China’s Role in the Modernization of Malawi’s Agriculture Sector
China has assumed a key role in the modernization of Malawi’s agriculture sector, which has made recent progress in enabling smallholder farmers to produce higher crop yields. The introduction of agricultural technologies used in vegetable, fruit, maize and rice production through the China Aid Project... MORE
Will France’s China Gamble Endanger Transatlantic Ties?
Introduction In April, French President Emmanuel Macron made a state visit to China. During Macron’s visit, the two sides signed a Sino-French joint statement that identified 51 priority areas for deepening cooperation, both bilaterally and through the EU (PRC Ministry of Foreign Affairs [FMPRC], April... MORE