Vladimir Putin wants to reorientate Russian trade east and south. To some extent, such a strategy will be complicated by an avoid-Russia-at-all-costs mentality drawing commerce to a ‘Middle Corridor’.
Recent moves toward restoring relations with Armenia’s traditional enemies have run into strong resistance from the global diaspora. But will it make a difference?
Counter-cyclical fiscal policy needed. Among other things, more modest budget spending would help country combat soaring inflation.
The EU has gradually assumed a key role in the peace talks between Armenia and Azerbaijan, which has undermined the Kremlin’s longstanding dominance in the region.
The importance of the International North-South Transportation Corridor, providing Indian Ocean access via the Iranian port of Chabahar, has soared.
Prompt and decisive government intervention, financial lifelines and firms’ involvement in global value chains have helped minimise insolvencies, says EIB/EBRD report.
Demonstrators protest against the lack of investigation into the attacks on government critics and journalists.
This year it is spending more than 10% more than it did before its 2020 defeat of Armenia, and is planning to spend even more in coming years.
The EBRD has cut its 2022 emerging Europe growth forecasts again, reflecting a sharp downgrade for Ukraine and the regional fallout from the war and sanctions.
Yerevan and Baku agree to create a joint border commission by the end of April to delimit and demarcate the border but do not discuss status of the Armenian-controlled Nagorno-Karabakh region.
Ukraine's economy forecast to contract by 20% and projections worsen across emerging Europe — except for Eurasian oil and gas producers Azerbaijan and Turkmenistan.