Latest Articles about Economics

Azerbaijan Strives to Be a Regional Renewable Energy Hub

Azerbaijan intends to contribute to Europe’s energy security by developing into a regional “green” energy hub, the government officially announced on May 9, at The World Utilities Congress, in Abu Dhabi, United Arab Emirates (Minenergy.gov.az, May 9). In line with such goals, several days earlier,... MORE

Will Russia Complete Iran’s Rasht–Astara Railway?

The Russo-Ukrainian war has had a direct impact on the status of the various China–Central Asia–Russia–Europe transit corridors that traverse Eurasia. The Northern Corridor branch of China’s Belt and Road Initiative (BRI), in particular, has faced serious challenges and limitations, forcing a halt to the... MORE

Moscow Considers Abolishing Direct Elections of Regional Governors

The authorities are considering abolishing direct elections of regional governors across the Russian Federation, according to Vladimir Mazur, the deputy head of the Domestic Policy Department of the Russian Presidential Administration. Several governors reportedly asked the Kremlin to change the regional election rules due to... MORE

About Turn: Arms, Oil, Gas and Politics in Bulgaria

Russian President Vladimir Putin miscalculated again when he stopped natural gas shipments to Poland and Bulgaria on April 27. Now Russia appears to have lost the gas markets in both countries as they are preparing to permanently wean themselves from Russian energy supplies. The official... MORE