Latest Articles about Economics
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Moscow, Beijing Play the ‘Pakistan Card’ to Crack the Quad Over Ukraine War
On February 24, Russian President Vladimir Putin met one-on-one with visiting Pakistani Prime Minister Imran Khan in Moscow. The two leaders discussed important regional and bilateral issues in a meeting that lasted more than three hours. Khan’s trip to Russia, made at Putin’s invitation, was... MORE
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Moscow Scrambles to Sustain Its Positions in the Middle East
The long-planned Ukrainian war is going poorly for President Vladimir Putin on many fronts, from the fiercely defended outskirts of Kyiv to the closed doors of McDonald’s restaurants in Moscow. However, the drastic deterioration of Russia’s international standing is likely particularly painful for him. The... MORE
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Moscow Preparing for Possible Blockade of Kaliningrad
Ever since the collapse of the Soviet Union, Moscow has worried about maintaining transportation links with its non-contiguous exclave of Kaliningrad. These worries intensified when the two countries cutting Kaliningrad off from the rest of the Russian Federation (and Moscow-aligned Belarus)—Poland and Lithuania—became members of... MORE
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Putin Is Losing the War, but Russians Have Stockholm Syndrome
After two weeks of Russia’s full-scale war against Ukraine, the majority of Russian society apparently still supports the aggression. Pro-government opinion poll organizations cheerfully report 71 percent backing for the “special operation” and 84 percent of Russians trusting their military (ЕADaily, March 6). The conclusions... MORE
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Poland Ready to Quit Russian Gas Supplies
On February 28, Poland’s Minister of Climate and Environment Anna Moskwa declared that the country would be ready to abstain from all Russian natural gas supplies as soon as today, if needed (Polskie Radio, February 28). Furthermore, on March 2, Polish Prime Minister Mateusz Morawiecki... MORE
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Putin Losing the Wars He Started
The word “war” is presently banned in the official Russian discourse on Ukraine, but in fact the “special military operation,” launched on President Vladimir Putin’s order in the early morning hours of February 24, includes several wars fought in different domains. The massive re-invasion of... MORE
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At National People’s Congress, Strong Emphasis on Stability Militates Against Reform
The slogan “seeking progress in the midst of stability” sums up Premier Li Keqiang’s annual Government Work Report (henceforward- the Report) to the National People’s Congress (NPC), which opened in Beijing on Saturday, March 5. The major thrust of the Report centers on maintaining a... MORE
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China’s Debt-Trap Diplomacy and Central Asia
On January 25, China and Central Asia celebrated 30 years of diplomatic relations. In his speech, Chinese President Xi Jinping pledged $500 million in grants for socially important projects in the region over the next three years (Fergana.ru, January 26, 2022). The aid was announced... MORE
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Russia’s War on Ukraine Exposes Western Balkan Divisions and Dangers
Russia’s war on Ukraine reverberated throughout the Balkans, exposing regional divisions, allegiances with foreign powers, and security vulnerabilities. While North Atlantic Treaty Organization (NATO) members Croatia, Montenegro, Albania and North Macedonia offered full support to Ukraine, the reaction of Serbia appeared in stark contrast to... MORE
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The Countries of the South Caucasus Cautiously Follow the Russia-Ukraine War
On February 26, Azerbaijan donated a reported €5 million ($5.6 million) worth of medicine and medical equipment as humanitarian relief to Ukraine (Marja.az, February 26). The aid was announced by Ukraine’s President Vladimir Zelenskyy on Twitter soon after his telephone call with Azerbaijani President Ilham... MORE