Latest Articles about Economics
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Putin’s Blackmail-War in Ukraine Continues Under Diplomatic Cover
The guns have so far remained silent on the snow-covered Russian-Ukrainian border, but there is certainly no peace there; a rather unusual war is in progress. It is unlike any other wars waged by Russia under the lengthy rule of President Vladimir Putin, who began... MORE
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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
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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
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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
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Xi Jinping and “Common Prosperity”: New Governance Paradigm or Tool to Consolidate Power?
Introduction During the 6th Plenum of the 19th Chinese Communist Party (CCP) Central Committee, held in November 2021, China’s top political leadership passed a “historical resolution” that cements President Xi Jinping’s (习近平) status as a transformative leader and secures his political legacy (People’s Daily, November... MORE
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India’s Dilemmas in Engaging the Taliban in Afghanistan: Too Little, Too Late?
On November 10, India hosted the Third Regional Security Dialogue on Afghanistan, which saw the participation of National Security Advisers from India, Iran, Russia and three Central Asian states. Given the long-running India-Pakistan battle for influence in Afghanistan and ongoing Sino-Indian border tensions, Pakistan and... MORE
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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
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The Iranian-Turkish Cooperation Roadmap: A Solution to Resolving Bilateral Problems and Tensions?
In recent months, Turkey and Iran seized an opportunity to try to reduce their long-running multifaceted tensions. Despite geopolitical and security-related frictions, the bilateral relationship is rosier when it comes to business and people-to-people ties. Iran is among the highest sources of tourists to Turkey... MORE
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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
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In Istanbul, Turkic Council Members Eye Closer Cooperation and Deeper Integration
On November 12, Istanbul hosted the eighth summit of the Cooperation Council of Turkic Speaking States (Turkic Council), attended by the leaders of member states Turkey, Azerbaijan, Uzbekistan, Kyrgyzstan and Kazakhstan, and of observer states Hungary and Turkmenistan (Turkkon.org, November 12). The summit, dedicated this... MORE