The pandemic and the partially related collapse in oil prices will lead to the highest budget deficit in the Russian regions for the past 20 years, despite the support of the central government, says a recent assessment by the global credit rating agency S&P. Regions... MORE

Belarus has been preoccupied in recent days with President Alyaksandr Lukashenka’s decision not to cancel this year’s annual May 9 Victory Day military parade, which marks arguably the country’s most important public holiday. “I must say that we cannot cancel the parade,” declared Lukashenka on... MORE

Among the non-Arctic states seeking partnership with Russia as a means to increase their presence in the northern polar region, China has become by far the most visible player (see EDM, May 20, 2019). Yet, other emerging actors—India and Japan—should be noted. On January 14,... MORE

With nearly 2,000 officially confirmed COVID-19 cases, the Republic of Dagestan is currently the most badly hit territory in the North Caucasus. Furthermore, the republic has the fifth-largest number of cases in the Russian Federation. Some Dagestani municipalities report that they cannot cope with the... MORE

In mid-April, Russia offered Moldova, at the latter’s insistence, an inter-governmental loan of €200 million ($217 million) on soft terms. Moldova’s Socialist-led government had planned this loan mainly for road construction, before the COVID-19 coronavirus pandemic broke out. At present and in the near-to-medium term,... MORE

Russia and Moldova signed an inter-governmental loan agreement on April 17, in Moscow, at Chisinau’s insistence. Chisinau had initially sought a Russian loan for infrastructure development, but it may have to spend these Russian funds (along with Western assistance) to mitigate Moldova’s current fiscal emergency... MORE

The Russian government long assumed that Western sanctions on Iran would allow it to steal a march on the world by expanding its railroad connections to the south via the Islamic Republic while simultaneously ensuring that the South Caucasus remains a Moscow-dominated hub for both... MORE

Introduction: Beijing’s Plans for Stimulus Spending and “Six Stabilizations” After the bombshell announcement that the Chinese economy contracted by an unprecedented 6.8 percent in the first quarter of this year, the Xi Jinping administration has vowed to do whatever it takes to resuscitate growth and... MORE

Editor’s Note: Our April 1 issue contained the first part of this article series (Global Supply Chains, Economic Decoupling, and U.S.-China Relations, Part 1: The View from the United States), which focused on the issues and policy debates in America surrounding the prospects for U.S.-China... MORE

*To read Part One, please click here.   Beginning in 2019, Russia intensified its outreach to some Central African countries—particularly, the Democratic Republic of the Congo (DRC) and the Republic of the Congo (hereafter, the Congo). Russian interests in the region are premised on a... MORE