Latest Articles about Economics

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

Iran’s Full Membership in the SCO: A Win-Win Game?

Iran’s bid to become a full member of the Shanghai Cooperation Organization (SCO) dates to one year after it received observer status in 2005. All along, however, the most important legal obstacle to its accession has been a series of United Nations Security Council resolutions... MORE

Japan Increases Involvement in Central Asia

Almost two decades ago, Japan adopted the 5+1 approach to dealing with Central Asia, a model other outside players have copied. Now, Japan is increasing its involvement in the region given the Taliban’s recent victory, which has created new diplomatic opportunities but also uncertainties for... MORE

How U.S. Banks Push the Caribbean Toward China

Introduction The 14th Five-Year Plan adopted this past March has reaffirmed the significance of Renminbi (RMB) internationalization in China’s geopolitical ambitions (Gov.cn, March 13). Global RMB proliferation in cross-border trade would enhance China’s domestic financial security, which also makes it a key element of China’s... MORE