Latest Articles about Economics
‘Icebreaker Diplomacy’: Russia’s New-Old Strategy to Dominate the Arctic
Russia’s Baltic Shipyard (St. Petersburg) held a grand ceremony, on May 25, to celebrate the launching of the nuclear-powered Project 22220 (LK-60Ya) icebreaker Ural (Geoenergetika.ru, May 27, 2019). Following the festivities, Russian Central Bank head Elvira Nabiullina stated that the event would be further commemorated... MORE
Two Responses to Fears of Belarus’s Integration Into Russia
Belarus’s location between Russia and the collective West is not a consequence of political considerations—it is a fact of geography. Likewise, the cultural proximity between Belarusians and Russians represents another objective reality, encouraging at least some Russian elites to entertain ideas of ever “tighter integration”... MORE
Russian Economic Forum—All About China
The annual St. Petersburg International Economic Forum was held last week (June 6–8) with the usual pomp and spin. But the traditional goal of attracting Western investments was clearly replaced with an urge to advertise the strength of ties between Russia and China. President Xi... MORE
Realism and Positive Thinking, Belarusian Style
Two texts on issues of existential importance for Belarus appeared at the end of May. The author of the first is Sergei Lepin, an archpriest of the Russian Orthodox Church’s Belarusian exarchate (regional entity) and a chairperson of its Information Department. On several occasions in... MORE
Russian-Chinese Military Alliance in the Arctic: An (Im)Possible Prospect?
Speaking at the 11th Arctic Council Ministerial meeting in Rovaniemi, Finland, on May 7, US Secretary of State Michael Pompeo warned that the pattern of aggressive Chinese behavior in other regions may give important indications to how China will act in the Arctic (Rambler.ru, May... MORE
Azerbaijan and China Sign $800 Million Economic Package: The Geo-Economic Implications
Azerbaijan’s participation in the second Belt and Road Forum for International Cooperation, which took place in Beijing, on April 25–28, proved successful for Baku, having resulted in a number of important new, non-oil-sector investment projects in the South Caucasus country. Specifically, during the Forum, Azerbaijani... MORE
Serbia: Looking West, Going East
Serbia is preparing to sign a free trade agreement with the Russian-led Eurasian Economic Union (EEU) in October, hoping to gain access to a market of 180 million people. At the same time, the Western Balkan country’s accession negotiations with the world’s largest trading bloc,... MORE
What Derailed the U.S.-China Trade Talks?
Introduction: The U.S.-China “Trade War” Since Early 2018 For over a year, the United States and the People’s Republic of China (PRC) have been engaged in a contentious trade dispute initiated by the Trump Administration over a host of alleged unfair Chinese trading practices: ranging... MORE
The “16+1” Becomes the “17+1”: Greece Joins China’s Dwindling Cooperation Framework in Central and Eastern Europe
Introduction: China’s (Junior) European Partners in the “16+1” On the heels of People’s Republic of China (PRC) President Xi Jinping’s busy bilateral tour in Western Europe in March, PRC Premier Li Keqiang started his own multilateral tour in Eastern Europe in April. Designed primarily to... MORE
Russia Eyes Joining BTK Railway Across South Caucasus
Representatives of Turkish, Azerbaijani and Russian railways inked a cooperation memorandum on May 6, 2019, in Ankara, to leverage the potential of the Baku–Tbilisi–Kars (BTK) railway and increase the volume of freight carried along the route (Azertag.az, May 6). “The tripartite cooperation will boost the... MORE