Latest Articles about Economics
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The Karabakh Air Gate Opens: Future Prospects for Fuzuli Airport
Late last month (October 26), Azerbaijani President Ilham Aliyev and his Turkish counterpart, Recep Tayyip Erdoğan, together inaugurated the Fuzuli International Airport, in Azerbaijan’s recently liberated city of Fuzuli, in Karabakh. This is the first airport built by Azerbaijan in the areas retaken as a... MORE
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Russia and Belarus Sign a Package of Union State Programs
On November 4, Belarusian President Alyaksandr Lukashenka signed a package of 28 Union State programs, formerly called “road maps,” for economic integration with Russia. “Clearly spelled out in the Union programs are the formation of joint sectoral markets, the implementation of a harmonized financial, tax,... MORE
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Economic Interests at Core of Uzbekistan’s Pragmatic Approach Toward Taliban
Since the Taliban seized control of Afghanistan in mid-August, it has struggled to win friends. Achieving international recognition and acceptance still remains an uphill challenge, subject to its ability and, perhaps, willingness to meet the international community’s expectations. The ultra-conservative Islam the Taliban preaches and... MORE
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Unfortunate but Inevitable: Moldova’s Gas Supply Agreement With the Kremlin and Gazprom
On October 29, Moscow and Chisinau agreed on a conditional resumption of Russian natural gas supplies to Moldova as of October 30. The Russian side had curtailed gas supplies to Moldova by one third in October, and threatened to discontinue the supplies altogether by December... MORE
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Russian LNG Shipments to India: Strategic Implications and Long-Term Prospects
In late September, Russia’s first Floating Storage Regasification Unit (FSRU)—specifically designed for emergency transportation of liquefied natural gas (LNG) via the Baltic Sea to Kaliningrad Oblast—successfully delivered its initial load of LNG from the Yamal LNG production facility to India’s Dabhol seaport. The vessel, called... MORE
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Spurning Pair of International Summits, Putin Denounces Globalization
The back-to-back international summits of the G20 in Rome and COP26 in Glasgow at the end of October brought together hosts of dignitaries and hordes of activists, but one global leader was conspicuously absent—Russian President Vladimir Putin. One week prior, at the annual gathering of... MORE
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Tensions in Tehran-Baku Relations: Iran’s New Transit Routes in Armenia and the Caspian Sea
Although many observers assumed that the recent uptick in tensions between Iran and the Republic of Azerbaijan (see EDM, October 6) would die down following the telephone calls between Iranian Foreign Minister Hossein Amir Abdollahian and his Azerbaijani counterpart, Jeyhun Bayramov (Al Jazeera, October 13),... MORE
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Increased Social Tensions in Russia Spill Over Into Shootings and Inter-Ethnic Conflicts
Beginning in the fall of 2018, sociologists saw a sharp rise in social tensions in Russia, driven by price increases, unemployment and an economic crisis (Deutsche Welle—Russian service, September 6, 2018). Against the backdrop of ever harsher state repressions and restrictions on political activism (see... MORE
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Russia’s ‘Re-Exploration’ of Siberia and the Far East: Tools, Plans, Ambitions (Part Two)
*To read Part One, please click here. During the Sixth Eastern Economic Forum (EEF-2021), hosted by the Far East Russian city of Vladivostok, on September 2–4 (see EDM, September 14), Defense Minister Sergei Shoigu put forward a number of economic development proposals to be implemented... MORE
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Belarusian-Russian Economic Dependency and Trade Wars: Is There a Contradiction?
Two stories involving Belarus that have been unfolding over the past few weeks appear to contradict each other on the surface. These are the growing economic dependency of Belarus on Russia on the one hand, and the ongoing trade wars between both countries on the... MORE