“We're moving poor people who are unemployed, to regions where they'll be poor,” says sociologist.
Russia and Turkmenistan are primary offenders.
As the global Democracy Index recorded a historic low in 2024, institutions tasked with upholding democratic values are under increasing pressure to adapt.
Bishkek has spent nigh on 20 years trying to get off the bloc’s air safety blacklist. Officials say they are closer than ever to the breakthrough.
Development bank lowers forecasts for Emerging Europe, Central Asia and North Africa as slowdowns in Germany and China take their toll.
I have just been watching the Victory Day parade on Red Square. A few observations.
The oil market has entered choppy waters once again. Crude prices fell by a dramatic 18% in April y/y – the sharpest monthly drop since November 2021 – partly due to a global slowdown, but more due to a power struggle within OPEC+.
Sustained optimism amid stronger competition noted. Rising price pressures a worry.
Renewables are up, fossil fuels down.
The Siberia-born InDrive ride-hailing service is doing something special. It cut margins, offers the cheapest prices possible and is generous to its largely freelance staff. IIt is pioneering a new "fair" business model that works.
Eurasia “at forefront” of assault on individual freedoms.
Business activity said to remain in the optimistic zone, but the index has declined to a 14-month low.
The Middle Corridor linking China to Europe through the South Caucasus and Central Asia has expanded significantly in the aftermath of Russia’s invasion of Ukraine, but its long-term prospects remain uncertain.
Kazakhstan’s economy is estimated to have grown by more than 5.5% in the first quarter. Growth in February alone topped 7.5% y/y. The reason for the strong growth is the surge in oil production at the giant Tengiz oil field.
Playing long game for rare earths.
Some forecasting even indicates the decline of the body of water could pose a threat to the shipping section of the rapidly expanding Middle Corridor transit route.
Latest wiiw forecasts show little direct impact on Central and Southeast Europe from Trump trade wars.
Ankara took a slap to the chops as Turkic Central Asian states inked an investment-linked deal on relations with Brussels that pointedly included no recognition of the Turkish Republic of Northern Cyprus.
Wider region increasingly seen as arena in which major powers’ interests, such as in sourcing critical minerals, collide and converge.
Brief halt at Kazakh-Canadian producer sparks investor concern and suspicion over Moscow factor.