China began 2018 by making important strategic moves in the shipping industry. On January 10, COSCO Shipping Development, COSCO Shipping’s leasing finance arm announced a plan to establish a shipping fund with state-controlled China Cinda Asset Management Co., Ltd. to finance ship assets (Splash24/7, January 10). COSCO Shipping,... MORE

Zurab Abashidze, the Georgian prime minister’s special representative to Russia, held a meeting with Russian Deputy Foreign Minister Grigory Karasin in Prague, on January 31, within the framework of the bilateral informal dialogue launched in late 2012 (Civil Georgia, February 1). During such meetings, the... MORE

The paramount news in Moscow last week was the United States Department of the Treasury’s release of the long-expected report on senior Russian political figures and oligarchs—the so-called “Kremlin List” (see EDM, February 1). The list was mandated by the Countering America’s Adversaries Through Sanctions... MORE

Roscosmos, the Russian government corporation responsible for Moscow’s space program, is consuming ever larger amounts of budgetary funds but is failing to provide anything in return. That situation has led to frequent predictions the Russian space program is on the brink of collapse. Some even... MORE

Russian affairs used to attract outsized attention at the annual gatherings of the World Economic Forum in Davos. But this year, the global business elite appeared not to be interested in either the problems or opportunities connected to this troubled and trouble-making power. Moscow’s delegation... MORE

The Belarusian opposition is looking forward to the centennial of the Belarusian People’s Republic (BPR). Proclaimed by a group of nationalist activists on March 25, 1918, this entity existed until December 1918 under German military occupation. The BPR lacked most of the typical trappings of... MORE

On January 10, Maltese authorities revealed that 730 prominent Russian businessmen and politicians (along with their families) have acquired Maltese citizenship (Gov.mt, December 22, 2017). The list contains the names of such well-known Russian millionaires, top managers and financial-sector representatives as Arkady Volozh (the principal... MORE

The President of Azerbaijan Ilham Aliyev recently described 2017 as a year of recovery from the economic crisis for his country (President.az, January 10). Yet, at the same time, Azerbaijan, along with the other states of the South Caucasus, Georgia and Armenia, spent the past... MORE

Against the backdrop of turbulent developments over the last two decades in neighboring Uzbekistan and Kyrgyzstan, Kazakhstan may arguably be called an island of prosperity in Central Asia. In his Address to the People of Kazakhstan, delivered on January 10, President Nursultan Nazarbayev reinforced this... MORE

The Russian Ministry of Finance released an official statement, on January 10, 2018, confirming that all the money previously channeled into the Reserve Fund, as well as the interest it produced during the last 12 months, had been credited to the federal budget. So the... MORE