Latest Articles about Economics

‘Canal War’ Breaking Out in Greater Caspian Region

Turkey’s plan to build a canal bypassing the Bosporus Strait and potentially upsetting the Montreux Convention (see EDM, February 9) along with Russia’s movement of warships from the Caspian to the Sea of Azov via the Volga–Don Canal in order to threaten Ukraine (see EDM,... MORE

Iran’s New Pivot to Central Asia

High-ranking officials from Iran and Tajikistan made a total of three visits to Dushanbe and Tehran, respectively, in less than two months, a significant sign that after years of frosty relations, diplomatic ties are finally improving (Khovar, February 23, March 29, April 5). Even more... MORE

Azerbaijan Embarks on Construction of Nakhchivan Railway (Part Two)

*To read part one, please click here The unblocking of the Zangezur corridor will have wide-ranging geopolitical reverberations for both the directly concerned states, Armenia and Azerbaijan, and surrounding countries. For Azerbaijan, the reopening of the corridor has geostrategic significance in multiple domains. This route... MORE

Russia Builds up Its Export Potential in Baltic Basin

Russian natural gas giant Gazprom signed a preliminary agreement with global engineering company Linde to deliver engineering and procurement services for the Ust-Luga gas processing plant on the Baltic Sea. Gazprom CEO Miller signed the agreement on behalf of RusKhimAlyans, a special-purpose company established on... MORE