Latest Articles about Economics

Green Investment Receives a Boost in Kazakhstan

The COVID-19 pandemic recovery in Central Asia is taking an unexpectedly green turn. Three of the five Central Asian states boast large hydrocarbon resources and, ever since becoming independent from the Soviet Union 30 years ago, have relied primarily on oil and natural gas revenues.... MORE

Suez Closure Brightens the Future of China’s New Silk Road

Introduction On March 23, the 240,000-ton, 1,312 feet long (399 meters) Panama-flagged MV container ship Ever Given, drawing 47 ft 7 in (14.5 meters) and carrying 20,000 containers from China’s Yantian International Container Terminal in Shenzhen, Guangdong Province bound for Rotterdam, accidentally grounded its bow... MORE

The ‘Big Game’ Around Georgia’s Deep-Water Ports

Last March, Georgian Prime Minister Irakli Garibashvili announced that his government would post a new tender for the construction of the Anaklia deep-water port (Report.ge March 31; Netgazeti, March 4). This mega-project, originally envisioned by former president Mikhail Saakashvili (in power 2004–2012), is the most... MORE

Belarusian Oil Industry Suffers From US Sanctions

On May 19, one month will pass since the United States revoked its suspension of sanctions against several Belarusian public companies, mostly from the petrochemical industry (BelTA, April 20; State.gov, April 19). Despite the 45-day wind-down period established, it seems that the resuming restrictions have... MORE