Latest Articles about Economics
Ukraine to Resume Privatization According to New Rules
The Ukrainian government will resume its privatization campaign in October, the acting head of the local privatization body, the State Property Fund, Vitaly Trubarov, announced on May 10. Speaking after a meeting of the cabinet of Prime Minister Volodymyr Groysman, which discussed privatization, Trubarov said... MORE
Russia’s Offshore ‘Missile Tests’: Psychologically Undermining the Economic Security of the Baltics
In the past two months, the Russian government twice warned Latvian authorities that it was planning to conduct missile tests over Latvia’s exclusive economic zone (EEZ) in the Baltic Sea. Yet, in both cases (April 4–6 and April 17–19), Russia never actually shot off any... MORE
Turkmenistan’s New Turkmenbashi International Seaport-Another Link in Expanding Eurasian Trade
Turkmenistan’s President Gurbanguly Berdimuhamedow visited the Caspian shore, on May 2, to inaugurate the Turkmenbashi International Seaport. The new $1.5 billion facility, Berdimuhamedow told attendees, is important not only for Turkmenistan but the wider region as well. It promises to become an important link in... MORE
Faced With Chinese Expansion, Kazakhstan Seeks Alternative Energy Markets
It could be assumed that the intensifying trade war between the United States and China would cause economic slowdown in China and result, in the long run, in the drastic reduction of Chinese imports of energy resources from Kazakhstan. But in his recent interview to... MORE
New Sanctions Against Russia Weigh on Its Closest Trade Partners
The United States Treasury’s Office of Foreign Asset Control (OFAC), whose responsibility is to enforce US sanctions against foreign countries and nationals, rolled out a new package of economic restrictions against Russia, on April 6. Following its illegal annexation of Crimea in 2014, Russia has... MORE
Kyiv Develops Ties With Ankara—in Moscow’s Shadow?
Ukraine has been exerting considerable effort over the last several years to forge closer links across the Black Sea with Turkey, which Kyiv views as a counterbalance to Russia in the region. The two countries’ leaders have been meeting regularly of late. Turkish President Recep... MORE
US-Kazakh Accord to Use Caspian Ports as Afghan Support Hubs Irks Moscow
Since 1991, two key questions have dominated discussions of the fate of the Caspian Sea: First, how will it be divided now that there are five littoral states rather than two, as was the case in Soviet times? And second, will this landlocked body of... MORE
Putin’s Leadership Is Reduced to Indecisive Posturing
Grand geopolitical scheming took a break in Moscow last week. The main news—improbably—turned to the fiasco of the government trying, since April 16, to ban the popular instant messenger Telegram. Millions of Russians remain blissfully unaware about this “state failure,” but probably as many others... MORE
Russia’s Shipbuilding Program: Postponed Blue-Water Ambitions
Russia’s shipbuilding program for 2011–2020, under which the country plans to build over 100 new warships (Military Paritet, February 7, 2012), is reportedly causing “a very bad feeling” among some Russian naval experts (Topwar.ru, August 10, 2016). They describe the current status of the Russian... MORE
Fears in Moscow About Possible Escalation of Syrian Conflict Into War With US
A near-perfect storm has rocked Moscow, starting at the end of last week. On April 6, the United States Department of the Treasury published an additional blacklist of wealthy Russian government officials, oligarchs and business entities that would be sanctioned for differing misdeeds connected to... MORE