Latest Articles about Economics
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The Purchase of F-16s: A Feasible but Thorny Turkish Mission in the US
Buying S-400 surface-to-air missile systems from Russia has become one of the main sources of dispute between Washington and Ankara. As a result of that purchase, Turkey was removed from the F-35 stealth jet fighter program in 2019; and the following year, it fell under... MORE
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Azerbaijan’s Latest Steps Toward Becoming a Regional Digital Hub
After implementing a number of trans-Eurasian energy and logistics mega-projects, such as the Baku–Tbilisi–Ceyhan oil pipeline, Southern Gas Corridor and Trans-Caspian International Transportation Route, Azerbaijan has also strategically committed itself to policies designed to turn the South Caucasus country into a regional digital hub (see... MORE
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Moldova’s EU Candidate Status Exacerbates Transnistria Tensions
Today or tomorrow (June 23, 24), Moldova is expected to formally be awarded the status of candidate for membership in the European Union. This outcome will not only emphasize the East European country’s increasing turn away from the Russian Federation and toward the West but... MORE
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Belarus’s Geopolitical Uncertainties and Its ‘Civilizational Choice’
Uncertainty hangs over Belarus’s geopolitical situation. Will the Belarusian army eventually join Russia’s war effort? Will those issuing Western sanctions distinguish between Russia and Belarus? Are there any prospects whatsoever in mending fences with the West? Thus far, no definitive responses to these questions can... MORE
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How Russia Can Be Defeated but Not Humiliated
The West’s fears of humiliating Russia too much by ensuring its defeat in the war against Ukraine run much more deeply than the unfortunate turn of phrase uttered in recent weeks by French President Emmanuel Macron (see EDM, June 13). Last Thursday (June 16), Macron... MORE
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Xi Seeks to Accelerate China’s Drive for Self-sufficiency
One of the defining themes of General Secretary Xi Jinping’s first decade in power has been to promote self-sufficiency to insulate the People’s Republic of China’s (PRC) economy and political system from external shocks. These efforts have assumed added urgency as a result of the... MORE
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The Enemy of My Friend Remains My Friend: China’s Ukraine Dilemma
Introduction State media in China remains equivocal about the level of destruction and mayhem caused by the Russian invasion of Ukraine. However, the Chinese government has stated it will meet the challenge of overcoming strained global supplies resulting from the conflict, and has emphasized that... MORE
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Russia’s War in Ukraine and Kaliningrad’s Final Farewell to the Gains of the Past
Moscow’s war of aggression against Ukraine and the ensuing international sanctions have particularly harmed Kaliningrad Oblast, a coastal exclave that is physically separated from Russia and wedged between two European Union and North Atlantic Treaty Organization (NATO) members. Local sources have reported skyrocketing prices for... MORE
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China Building Railroads Northward, Enriching Moscow but Threatening Russia
Chinese firms are building railways into the Russian north in order to secure access to the enormous reserves of natural resources there. From one point of view, these efforts are helping Moscow, which itself lacks the funds to build railways in the far-flung areas east... MORE
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Russian Challenges in Missile Resupply
After more than three months of its undeclared war of aggression against Ukraine, Russia fired over 2,100 cruise missiles and short-range ballistic missiles at targets inside the embattled country. Now it is facing a growing deficit of these types of stand-off weapons (Twitter.com/DefenceHQ, June 11).... MORE