Latest Articles about Economics

The Turning Point in Relations Between Moscow and Minsk?

As hard as it is to believe, given President Alyaksandr Lukashenka’s long record of successfully wrenching concessions on energy prices from Moscow, Belarus’s relationship with Russia may finally be approaching a critical turning point. On February 7, Lukashenka was in Sochi to continue the negotiations... MORE

Moscow’s Rift With Minsk Reaches Critical Point

Belarus is officially Russia’s closest ally. In addition to joint membership in the Moscow-dominated Collective Security Treaty Organization (CSTO, a regional defense alliance) and Eurasian Economic Union, Belarus and Russia together form a Union State—a loose confederative structure initially intended to transform into a federation... MORE

Latvia Safeguards Its Telecommunications Assets

As of early 2020, Latvia remains the only Baltic State whose telecommunications market is not wholly controlled by a foreign-owned private enterprise, namely the Swedish companies Telia and Tele2. This situation is particularly important in light of developments in this sector last year. According to... MORE

Can Belarus Ever Overcome the Pull of Russia?

On January 21, media outlets reported that Belarus had purchased 80,000 tons of crude oil from Norway (Tut.by, January 21, 2020). A Norwegian tanker delivered this oil to the Lithuanian port of Klaipeda, from where it will proceed by rail to Naftan, one of two... MORE

The Ukrainian Economy in 2020: A Difficult Road Ahead

The start of 2020 in Kyiv was initially thought to be a triumphant one. The last weeks of 2019 brought some de-escalation in the war in Donbas (EADaily, December 30, 2019), new hopes for peace and, importantly, formidable economic successes. Notably, the United States adopted... MORE