Latest Articles about Economics

Rhetoric Versus Reality: The European Union and Imports of Russian Natural Gas
On March 8, the European Commission announced plans to cut European Union imports of Russian natural gas by two-thirds by the end of 2022 (EurActiv—Polish service, March 9). Last year, Russia supplied EU consumers with 155 billion cubic meters (bcm) of gas. Moreover, the EU... MORE

Organized Crime on the Belt and Road
Introduction The continued rapid economic growth of the People’s Republic of China (PRC) in the past decade has brought greater commerce and investment to Asia through the Belt and Road Initiative (BRI). However, as China’s overseas economic footprint has grown, Chinese organized crime groups have... MORE

Armenia’s Attempts of Maneuvering Amidst the Russian-Ukrainian War
For a long time, given Armenia’s security predicament, attempts to avoid antagonizing Russia have been one of the key features of the country’s policy. Obligations deriving from Armenia’s membership in the Eurasian Economic Union (EEU), or the Russia-led Collective Security Treaty Organization (CSTO) have never... MORE

How Uzbekistan Views the Russian War Against Ukraine
Uzbekistan chose not to take sides in Russia’s war against Ukraine, as first announced by the Uzbekistan presidential administration when the war started and later demonstrated by Uzbekistan’s avoidance of voting on the United Nations’ resolution condemning the invasion of Ukraine. A neutral posture was... MORE

Ukrainian Public Organizations Help the Army Fight Russia
Despite warnings by American and British intelligence services that Russia was planning a full-scale attack on Ukraine, most Ukrainian people did not believe that Russian President Vladimir Putin would undertake a full-scale invasion. They were convinced an attack would mean a strategic loss for Moscow,... MORE

Iron Cannot Fight: Putin’s Military Dilemma in Ukraine
Four weeks into the largest war Russia has fought since the Soviet invasion of Afghanistan (1979), President Vladimir Putin faces an impending dilemma in military manpower and the attrition of hardware and equipment in Ukraine. According to a well-known Russian military proverb zhelezo ne voiuet... MORE

Russia’s War on Ukraine and China’s ‘(Un)Friendly Neutrality’
Commenting on Beijing’s official stance on Russia’s war on Ukraine, Li Keqiang, the premier of the State Council of the People’s Republic of China, stated on March 11 that “China has always conducted an independent and peace-loving foreign policy developing its bilateral relations [with Russia... MORE

North Caucasians Feel the Pain of Russia’s Invasion of Ukraine
Following the massive Russian re-invasion of Ukraine on February 24, several governors of the North Caucasian republics delivered bellicose statements. Chechnya’s ruler, Ramzan Kadyrov, stated that his 12,000 fighters were prepared to be deployed in Ukraine and carry out President Vladimir Putin’s orders (Vk.com/ramzan, February... MORE

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

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