Latest Articles about Economics

Russian Mercenaries’ Potential Advent to Mali
According to various reports, members of Russia’s notorious Wagner Private Military Company (PMC) have been transported to Mali to render assistance to the local interim government (Rosbalt.ru, September 27). Given the presence of Russian mercenaries in other parts of Sub-Saharan Africa (Ifri.org, September 11, 2020),... MORE

China’s Rapid Economic and Cultural Expansion in Georgia Troubles Some in Tbilisi
At a time when the efforts of Russia, Turkey and Iran to expand their influence in the South Caucasus have received attention internationally, the ongoing moves by China to solidify its role in Georgia have slid under the radar. Nonetheless, Georgia promises to give Beijing... MORE

Ukraine Expanding Space Program, Plans 2022 Moon Launch
Interest in privatizing space operations by Western companies such as SpaceX and Virgin Galactic has now reached the former Soviet republic of Ukraine, which, for the moment, is focused on technological payloads rather than manned spaceflight. Unfortunately for advocates of Ukraine’s aerospace capabilities, on September... MORE

Crop Failures in Russia Point to Serious Shortages of Bread and Potatoes Ahead
For several years, food prices have been rising in Russia, forcing the population to purchase ever cheaper products (Profile.ru, September 20). The government has tried to rein in prices, while avoiding having those top-down interventions lead to the empty store shelves that were a feature... MORE

Divining the Meaning of Recent Developments on Belarus’s Two Geopolitical Flanks
As a fairly small (population-wise) country squeezed between Russia and the European Union, Belarus is destined to be a geopolitical tuning fork, whose reactions and demeanor, if properly understood, provide valuable feedback to the policies of its more powerful neighbors. Thus, one can observe that... MORE

Radical Sanctions on Belarus Will Not Push Minsk Into Moscow’s Arms, Russian Experts Argue
Angered by Alyaksandr Lukashenka’s repressive moves and desirous of being on the right side of history, Western governments have imposed increasingly tough sanctions on Belarus (see EDM, May 18, June 30, August 10). But to a remarkable degree, they have restrained from taking even harsher... MORE

The Taliban Takeover of Kabul and Implications for the India-Iran-Afghanistan-Uzbekistan Transit Corridor
The port of Chabahar—located on the Makran coast of Iran’s Sistan and Baluchistan Province, near to the Gulf of Oman and at the mouth of the Strait of Hormuz—is the only Iranian port with direct access to the Indian Ocean. Thanks to its strategic position... MORE

Armored Troop Carrier Project to Link Baltic Sea Regional Partners
In late summer, Latvia and Finland officially agreed on a deal for Riga to purchase more than 200 armored personnel carriers (APC) developed by the Finnish company Patria as well as the transfer of technological “know-how,” so that some of the 6x6 wheeled platforms that... MORE

Can New Policies Curtail Banditry in Northwestern Nigeria Amid the School Closure Crisis?
The series of attacks on schools, commuters, and communities in northwestern Nigeria has left families with traumatic experiences, displaced thousands of people from their homes and caused a deterioration of socio-economic activities, particularly in hinterland areas. For a region with a high rate of out-of-school... MORE

Sanctions on Belarus Will Not Bring Regime Change
With reference to Nasha Niva, the Belarusian service of Radio Liberty reports that Deutsche Bank, the main correspondent bank of Belarusian state-owned financial institutions, has closed its correspondent accounts in euros. Evidence of this could be seen by looking at the list of respective accounts... MORE