Latest Articles about Economics
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NATO’s New Strategic Concept Gives Short Shrift to Eastern Neighborhood
The North Atlantic Treaty Organization’s (NATO) new Strategic Concept, approved at the summit just held in Madrid, strongly emphasizes Russia’s multidimensional threats to the Alliance. By way of response, the Concept singles out the task of deterrence and defense from among the Alliance’s core tasks... MORE
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Spitzbergen: A New Hotspot in the Cold North Between Russia and the West
Spitzbergen, the largest and only continually inhabited island of the Svalbard Archipelago, located in the Arctic Ocean, 1,000 kilometers north of Norway, is on its way to becoming a new hotspot in the emerging cold war between the Russian Federation and the West (Nrk.no, June... MORE
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Challenges to Russian Arms Resupply: Tanks, Combat Aviation, Artillery Ammunition
After more than four months of Russia’s aggression against Ukraine, open-source data confirms that the Russian Armed Forces lost, at a minimum, over 830 tanks and 1,650 different types of armored vehicles (destroyed, damaged, abandoned or captured) as well as dozens of combat aircraft and... MORE
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War in Ukraine Transforms Russia’s Hydrogen Strategy Into Illusion
The Kremlin’s unprovoked war of aggression against Ukraine and ensuing international economic sanctions targeting the Russian Federation have already damaged Russia’s non-renewable energy export capabilities, hitting both the oil and natural gas sectors (The Moscow Times—Russian service, June 28). Now, those economic measures are taking... MORE
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Tashkent Cracks Down Hard on Massive Protests in Karakalpakstan
At the end of June, Uzbekistan’s central government published the draft of a new constitution that would strip the autonomous Republic of Karakalpakstan of the right to secede, which heretofore had been guaranteed in the existing basic law. As a result, on July 1, thousands... MORE
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Seeking to Crack Western Unity, Putin Sinks Russian Economy
On the Donbas battlefields, Russian troops still strive to advance, but in the global arena of confrontation with the collective West, Russia keeps losing ground. A sequence of heavy blows breached Russian defensive geopolitical positions last week, and Moscow’s attempts at counterstrikes only aggravated the... MORE
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No Choice but to Lie Flat: Youth Unemployment Surges in China
Pity the class of 2022. The job market in China has long been a gauntlet for college graduates as the country’s largely industrial economy does not generate sufficient opportunities in the knowledge industries to satisfy the career aspirations of its growing number of college graduates.... MORE
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Divergent Economic and Ideological Visions Contend Ahead of 20th Party Congress
Introduction As the Chinese Communist Party (CCP) approaches its 20th National Congress, the economic downturn in China has opened a Pandora’s Box of theoretical debates on how to manage this crisis. Premier Li Keqiang recently suggested that the nation’s economic performance has been weak and... MORE
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Polish-Ukrainian Relations Intensify as a Result of Russian Aggression (Part Two)
*To read Part One, please click here. Poland is one of the most engaged Euro-Atlantic actors in the West’s proxy war with Russia over Ukraine. The military, societal and humanitarian support Poland continues to provide Ukraine has pushed the two neighboring states to deepen their... MORE
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Russian Experiment With De-Modernization Yields Negative Results
The post-Soviet transformation took Russia from a fledgling democracy to a corrupt autocracy, but, since the start of the war against Ukraine, the Kremlin has taken a new turn, which amounts to a resolute top-down effort at reversing what progress has been achieved in modernizing... MORE