Latest Articles about Economics

Social Unrest in Kazakhstan Turns Violent, Ends Nazarbayev Era

The inaugural week of the new year ushered in a period of unprecedented instability for Kazakhstan, Central Asia’s largest economy. The country has long been considered an island of stability in a chronically unstable region where, for instance, neighboring Kyrgyzstan went through three revolutions since... MORE

Kazakhstan, Fertilizer and Belarus’s Political Crisis

Since the start of 2022, two unexpected “black swan” events have indirectly altered last year’s calculus regarding the expected evolution of the Belarusian political crisis. First, Belarus joined the Russia-led Collective Security Treaty Organization’s (CSTO) intervention in Kazakhstan on January 5, 2022. Second, Belarusian potassium... MORE

Azerbaijani Perspectives on the Recent Unrest in Kazakhstan

In early January, the sudden outbreak of massive anti-government protests in Kazakhstan and subsequent intervention by the Russia-led Collective Security Treaty Organization (CSTO) reverberated across the entire post-Soviet space, including Azerbaijan. These events on the other side of the Caspian Sea are of great importance... MORE

Ukraine Signs on to Joint Hydrogen Projects With European Firms

On December 1, Ukrainian state-owned oil and natural gas major NAK Naftogaz joined the European Clean Hydrogen Alliance (ECH2A)—the pan-European industrial coalition promoting clean hydrogen (H2) investments (Naftogaz.com, December 1). The move should be seen as further confirmation of Ukraine’s willingness to export hydrogen to... MORE

Regional Tensions Could Trigger Energy Deficit in Karabakh

Last September, long-brewing strains between Iran and Azerbaijan reached an unprecedented level, resulting in the deployment of troops and large-scale military drills by both sides. The most immediate trigger was the Azerbaijani authorities’ arrest of two Iranian truck drivers on Armenia’s Goris–Kapan highway (which partially... MORE