Latest Articles about Economics

Belarus Builds Relations With Turkey as Russian Ambassador to Minsk Comes Under Fire
Last week, Belarus’s President Alyaksandr Lukashenka’s visited Turkey (April 16) and, three days later, delivered his annual report to the parliament and the Belarusian people (April 19). Following negotiations with his Turkish counterpart, President Recep Tayyip Erdoğan, Lukashenka pledged to boost bilateral trade from $1... MORE

Banking Corruption Scandals in the Baltics Spill Over Into Scandinavia
Financial corruption scandals are not a novel phenomenon in the Baltic States. Multiple Baltic banks have repeatedly been implicated in money laundering schemes involving politicians and businessmen from Russia and other former Soviet countries. But what is notable about the latest wave of revelations is... MORE

Russian Proxy Diplomacy in Syria: Crimea and Sevastopol
As the war in Syria appears to wind down, the Kremlin is shifting its focus to rebuilding the country and reestablishing social order there based on Russia’s vision and interests. Importantly, Moscow is evidently transferring the responsibility for this effort down to the level of... MORE

The Communist Youth League Announces Plans to Send a New Generation “Down to the Countryside”
Introduction In late March, the China Communist Youth League (Gongchan Zhuyi Qingnian Tuan, 共产主义青年团), or CCYL, released an official document that detailed plans to recruit large numbers of young people for work programs in rural areas of the People’s Republic of China (PRC). The document,... MORE

Italy Joins the Belt and Road Initiative: Context, Interests, and Drivers
Introduction In March 2019, Italy and the People’s Republic of China (PRC) signed a broad and comprehensive, albeit not legally binding, Memorandum of Understanding (MoU) for Italy to join the Chinese-led Belt and Road Initiative (BRI). This has triggered a significant debate—in Brussels as well... MORE

The Role of State-Owned Infrastructure Companies in the Development of China’s Latin America Policy
Introduction: “Operation Car Wash” and Infrastructure Projects in Latin America Brazil’s “Operation Car Wash” bribery probe, which began in 2014, has caused major upheavals in both Latin American politics and the region’s infrastructure sector. Operation Car Wash began in March 2014 as an investigation into... MORE

The Standoff Over the Myitsone Dam Project in Myanmar: Advantage China
Introduction—China’s Stalled Dam Project in Myanmar On January 12th, the Embassy of the People’s Republic of China (PRC) in Myanmar issued a statement warning Myanmar that if it failed to resolve the dispute over the stalled Myitsone Hydropower Dam project in Myanmar’s northern state of... MORE

Gazprom Restarts Imports From Turkmenistan After a Long Halt (Part One)
On April 15, Gazprom resumed imports of natural gas from Turkmenistan to Russia via the Central Asia–Center pipeline system, after a complete halt of more than three years (Gazprom.com, Oilgas.gov.tm, April 15). The resumption follows three rounds of negotiations by Gazprom’s CEO, Aleksei Miller, with... MORE

Gazprom Resumes Imports of Turkmen Gas After Three-Year Break
The spokesperson for Gazprom, Sergey Kupriyanov, stated, on April 15, that the company had resumed gas imports from Turkmenistan (News Central Asia, April 16). His announcement was immediately confirmed by a statement from TurkmenGaz, Turkmenistan’s state natural gas company (Oilgas.gov.tm, April 15). Discussion on the... MORE

Role of Cryptocurrencies in Financing Russia’s ‘Hybrid’ Wars
Myrotvorets, a controversial independent Ukrainian website that claims to track persons threatening Ukraine’s security, has called on the authorities in Kyiv to investigate Russia’s alleged use of cryptocurrencies (via the WEX digital currency exchange platform) to fund subversive activities potentially in support of one of... MORE