The broad coalition built last week for supplying main battle tanks to Ukraine signifies a new surge in strengthening the unity of the US-led Western alliance, and Russia has had no response to this upgrade. It will take a few months to train and equip... MORE

Russia’s re-invasion of Ukraine in February 2022 took a heavy toll on the Ukrainian economy. Moscow focused on destroying the Russian-speaking industrial heartland in the southeast, displacing millions of workers, damaging crops, smashing the power grid and blocking exports from Ukraine’s seaports. As a result,... MORE

In recent weeks, Russia, Kazakhstan and Uzbekistan have been hotly discussing the possibility of establishing a trilateral natural gas union among the three countries. The union, proposed by Russian President Vladimir Putin, is an alliance that aims to coordinate efforts to transport Russian gas through... MORE

On December 28, 2022, Georgian Prime Minister Irakli Garibashvili remarked that the breakaway Autonomous Republic of Abkhazia, which has been under Russian control since 1993, “has huge potential for turning into another Monaco and Abkhazian capital Sukhumi—into the new Monte Carlo” (Tabula.ge, December 27, 2022).... MORE

The final deficit of the Russian federal budget for 2022 appeared to be 3.35 trillion rubles, almost $48.8 billion according to the average exchange rate during the year. Although, the ruble became a partially convertible currency after the beginning of Moscow’s aggression against Ukraine, and... MORE

On July 19, 2022, the National Iranian Oil Company (NIOC) signed a memorandum of understanding (MoU) with Russian gas company Gazprom worth close to $40 billion. The deal was signed by the CEOs of both companies during a virtual ceremony on the same day that... MORE

If there is any leitmotif to the current developments in Belarus, it would be mostly rooted in attempts at socioeconomic survival while avoiding immediate participation in Russia’s war effort against Ukraine. It could be that the leitmotif for developments within the exiled opposition is lingering... MORE

In December 2022, Azerbaijan, Georgia, Hungary and Romania signed an agreement to build a strategic partnership in the field of green energy development and transmission (President.az, December 17, 2022). According to the document’s text, the four countries plan to work together in developing a 1,195-kilometer... MORE

Russian officials and international media have given prominent coverage to Moscow’s plans for a transcontinental trade corridor southward to Iran via the Caucasus. These efforts aim to end-run Western sanctions and expand Russian trade in the Indian Ocean basin and beyond. But Russian experts concede... MORE

Recently, Kazakhstani Energy Minister Bolat Akchulakov declared that, while his country maintains close ties with Russia and Uzbekistan on gas transit, no formal discussions have been held regarding the possible formation of a gas union, the trilateral initiative suggested by Russian President Vladimir Putin (Radio... MORE