Latest Articles about Economics

Russia Shifting Cargo Traffic Away From Baltic Ports to Its Own

Since 2014, when Russia invaded Ukraine, Moscow has worked hard to reduce cargo traffic via seaports in the three Baltic States—Lithuania, Latvia and Estonia—to punish them for what the Kremlin sees as their unfriendly policies. Moscow has been doing this by building up its own... MORE

New Revelations of China’s Growing Interests in Ukraine

Chinese billionaire and co-founder/former executive chairman of the Alibaba Group, Jack Ma, visited Ukraine on November 7. During his trip, which, started in Kharkiv, he attended the Kyiv International Economic Forum, where he delivered a keynote speech (Kh.suspilne.media, November 7). While in Kharkiv, Ma met... MORE

The Three ‘Faces’ of Russia’s AI Strategy

On October 11, Russian President Vladimir Putin approved the “National Strategy for the Development of Artificial Intelligence (AI) for the Period Until 2030.” The documents calls for “accelerated development of AI,” including an emphasis on “research, availability of information and computing resources for users” as... MORE

Wave of Optimism Sweeps Through Ukrainian Economy

While international financial organizations have been warning about a global economic slowdown and revising growth forecasts downwards, Ukraine has been among the few economies for which forecasts were revised upward recently. The World Bank (WB) now expects that Ukraine will grow by 3.4 percent this... MORE

Putin Sees Africa as a Battleground Against the West

President Vladimir Putin views Africa not as an end in itself, even when he and Russia obviously benefit directly (Rosbalt, January 19; see EDM, October 15), but rather as a battlefield in his renewed cold war against the West. This Soviet-style approach contains within it... MORE