Latest Articles about Economics
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Foreign Policy Setbacks Hamper Putin’s Desires for Bali
The G20 summit in Bali, Indonesia, scheduled for November 15–16, certainly presents attractive prospects for Russian President Vladimir Putin, who needs to re-assert his place among the world’s most influential leaders. However, he has yet to confirm his travel plans and not purely out of... MORE
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The Ukraine Grain Agreement After Three Months: Moscow’s Blackmail, Boa Constrictor Tactics and Russian Gas
Three months ago, the Initiative on the Safe Transportation of Grain and Foodstuffs From Ukrainian Ports (“Grain Agreement”) was signed in Istanbul, Turkey (see EDM, September 13). The deal lifted the Russian naval blockade of three key Ukrainian seaports—Odesa, Chornomorsk and Pivdennyi—for the safe passage... MORE
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The Russia-Ukraine War: Has Beijing Abandoned Pragmatic Diplomacy?
Introduction Chinese diplomats contend that Beijing’s position on the “Russia-Ukraine conflict” (俄乌冲突 E wu chongtu) or the “Ukraine issue” (乌克兰问题, Wukelan wenti ) is “consistent and clear” (一贯的、明确的, yiguan de, mingque de) (People’s Republic of China Ministry of Foreign Affairs [FMPRC], May 5). However, China’s... MORE
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Upcoming G20 Summit Spotlights Close but Complicated Relationship Between Xi and Indonesia’s Jokowi
Introduction In a recent interview, Indonesian President Joko “Jokowi” Widodo confirmed that both Chinese President Xi Jinping and Russian President Vladimir Putin plan to attend the upcoming Group of 20 (G20) summit in Bali from November 15-16 (Channel News Asia [CNA], August 19). The summit... MORE
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One Critical Step Left for Turkish–Armenian Normalization
One of the most critical issues holding back peace and normalization in the South Caucasus is the fact that Turkish–Armenian relations have still not been normalized; that is, the borders between the two countries are closed, and official diplomatic relations have not been established. These... MORE
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Viktor Orbán’s Anti-Sanctions Campaign Sparks Fears of EU Disunity on Russia
On October 14, the Hungarian government and Prime Minister Viktor Orbán launched a nationwide survey regarding the European Union’s sanctions policy against Russia. The survey asked Hungarian citizens to share their opinions on the energy sanctions introduced by the European bloc in response to Russia’s... MORE
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Counterintuitive Consequences of Western Disregard for Belarus
In the wake of caustic remarks directed by Belarusian President Alyaksandr Lukashenka toward former British Prime Minister Liz Truss (YouTube, October 22), the former Belarusian diplomat, now a political commentator in exile, Pavel Matsukevich was asked “if the election of a new British prime minister... MORE
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Infantilism and Sacrifice: Why Russians Go to War Even When They Disagree With It
The Russian authorities have seriously embraced the ideological indoctrination of children through “patriotic propaganda” to guarantee their unwavering loyalty as adults. Meanwhile, psychologists point out that Russian society embraces numerous circumstances in which even those who do not wish to go to war do so... MORE
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Moscow Opens the Way for Iran to Increase Its Influence in the Caucasus
Moscow’s efforts to promote the development of a north-south trade corridor through the Caucasus and to use Iran to circumvent Western sanctions have given Tehran a new and expanded opportunity to take a leading role in the South Caucasus. First and foremost, as Russia’s new... MORE
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Snap Presidential Elections in Kazakhstan: Democratization or Autocracy?
About three weeks remain until the snap presidential elections in Kazakhstan, which are scheduled for November 20—18 months ahead of the original 2024 date (Tengrinews, September 22). In the words of Kazakhstani President Kassym-Jomart Tokayev, changing the election date was necessary “to reload the main... MORE