Latest Articles about Economics
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Russia’s Black Sea Ports in Trouble After Decades of Neglect
When the Soviet Union disintegrated in 1991, Moscow lost many of its commercial ports on the Black Sea to the then-newly independent Ukraine and Georgia. That loss forced Moscow to reroute cargo flows and is one of the reasons that Vladimir Putin attacked Ukraine and... MORE
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Could the ‘Norilsk Disaster’ Be the Harbinger of a Looming Catastrophe in the Russian Arctic? (Part One)
On May 29, the Norilsk-based CHPP-3 combined heat and power plant, owned by the Norilsk-Taimyr Energy Company (a member of the Norilsk Nickel Group conglomerate), suffered the loss of a diesel fuel tank, resulting in a spill of approximately 21,000 tons of fuel. The disaster,... MORE
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Moscow Views Construction of Canal Across Vistula Spit as Threat to Kaliningrad
The Russian authorities and some environmental groups in Poland and Germany have opposed the digging of a canal across the southern, Polish portion of the Vistula Spit since the idea was first proposed in 2004. But now the project, slated to be complete by 2022,... MORE
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Fighting the Battle for the Pandemic Narrative: The PRC White Paper on Its COVID-19 Response
Introduction On June 7, the People’s Republic of China (PRC) State Council Information Office (国务院新闻办公室, Guowuyuan Xinwen Bangongshi) released an official white paper outlining China’s response to the COVID-19 crisis (Xinhua, June 7). As the COVID-19 pandemic continues to evolve, the document, titled Fighting COVID-19... MORE
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The COVID-19 Pandemic Boosts Sino-Russian Cooperation
Introduction The immediate impact of the COVID-19 crisis on Sino-Russian relations has been to weaken the social and economic ties between the two states. Similar to circumstances in other countries, their cross-border economic exchanges have abruptly shrunk. The pandemic has also exacerbated xenophobic sentiments in... MORE
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Iran Completes Controversial Hydropower Project on Aras River
In early May 2020, media reports highlighted the construction of a large hydropower system composed of the Khudafarin and Qiz Qalasi (Maiden Tower) hydropower plants as well as hydro junctions and related facilities and bridges on the Aras River, which follows part of the border... MORE
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Prospects for Future US-Russia Space Cooperation
After nine years of the United States relying entirely on Russian Soyuz rockets to deliver astronauts into orbit, this dependency finally ended on May 30, 2020, with the successful launch of the private US company SpaceX’s Crew Dragon spacecraft, bound for the International Space Station... MORE
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Is Russia Preparing to Challenge the Status Quo in Antarctica? (Part One)
In his statement last January commemorating the 200th anniversary of the first Russian Antarctic expedition, President Vladimir Putin expressed admiration for “generations of Russians who have dedicated their lives to studying Antarctica.” He acknowledged the “huge contribution” of Russian science in exploring the world’s southernmost... MORE
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Moscow Ready to Play Karakalpak Card Again to Gain Access to New Oil Fields
Borders remain in dispute throughout Central Asia, with Moscow paying such close attention that governments in the region now feel the need to warn the Russian authorities not to become involved (Ritmeurasia.org, June 5). Often Moscow offers its services as a peacemaker in an effort... MORE
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Delays, Disasters and Cost Overruns Plague Putin’s Projects in Arctic
For more than a decade, Vladimir Putin has made the development of the Northern Sea Route as well as the broader Arctic littoral and seabed a focus of his national policies. And over this period, coverage of this effort has almost invariably followed the same... MORE