Latest Articles about Economics

First Trilateral Meeting of the Ministers of Türkiye, Azerbaijan and Kazakhstan
On June 27, Baku, Azerbaijan, hosted the first trilateral meeting of the ministers of foreign affairs and transport of Türkiye, Azerbaijan and Kazakhstan (News.az, June 27). The ministers paid special attention to issues of regional cooperation and the development potential of the Middle Corridor (Trans-Caspian... MORE

Russia Cherishes Ambitions but Loses Positions in Middle East
The Ukraine war has generated shockwaves far beyond the Donbas battlefields, and the Middle East has absorbed and returned the variegated impacts and, as a result, has attracted increased attention in recent weeks. Russian President Vladimir Putin is due to visit Tehran, Iran, on July... MORE

Iran to Clear $1.8 Billion Gas Debt to Turkmenistan, Reopen Korpeje–Kurtkui Pipeline
Iranian President Ebrahim Raisi met with the new leader of neighboring Turkmenistan, President Serdar Berdymukhammedov, for the first time on June 15, at the 6th summit of the Caspian Sea littoral states, in Ashgabat. As a consequence of their talks, the pair agreed to sign... MORE

Moscow Turns to Regions to Replace Losses and Boost Forces in Ukraine
Faced with mounting combat losses in Ukraine and Russian President Vladimir Putin’s threat to expand the size of Russian forces there, the absence of a general mobilization plan undermines the Kremlin leader’s claims and could trigger more domestic opposition (Meduza, May 5). As such, Moscow... MORE

The Rise of Multimodal Transportation Among Russia, Iran and India
As the Ukraine war has entered its fifth month, and two decades after Iran, Russia and India signed the International North-South Transport Corridor (INSTC) in 2002, Dariush Jamali, head of the Iranian-Russian Port of Solyanka in Astrakhan Oblast, announced that the first transit shipment from... MORE

Russia Pushes for Economic Mobilization Amid War and Sanctions
While Western economic sanctions are aggravating Russia`s business climate and leading toward its largest economic crisis since 1991, Russia is hoping to cope with the impending crisis by replacing vestiges of its market economy with command-style administrative regulations and a planned economy (Vedomosti.ru, July 3).... MORE

Kremlin Faces Problems Having Russian Regions Integrate Ukraine and Belarus
Given how centralized the Soviet Union was and President Vladimir Putin’s Russia is today, the role regions within the Russian Federation have played in promoting Kremlin policies in neighboring countries is often overlooked. But in Soviet times, Moscow regularly employed regions and republics along the... MORE

Despite Return of Nord Stream One Turbines, Europe Still Fears Winter Gas Shortages
On July 9, Canadian Minister of Natural Resources Jonathan Wilkinson announced that his country will return confiscated Nord Stream One turbines to Germany, providing Siemens with a temporary exemption from the existing sanctions regulations (La Presse, July 9). The equipment was seized by Canadian authorities,... MORE

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

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