Eurasia / News

EBRD investments reach record €11bn in pandemic-struck 2020

Clare Nuttall in Glasgow January 14, 2021

The development bank's focus has been helping existing clients by providing short-term liquidity and working capital.

Iran’s navy conducts missile drill while analyst argues Trump even capable of nuclear strike in final days

bne IntelIiNews January 13, 2021

"Desperate” US president “may try to ‘wag the dog’ by ordering a strike – perhaps with a tactical nuclear warhead – on Iran’s main nuclear facility in Natanz” says former White House economic council senior adviser.

Mongolia's winter dzud set to be one of most extreme on record says Red Cross

Anand Tumurtogoo in Ulaanbaatar January 13, 2021

As warning served, reports of more than 500 Bactrian camels killed amid extreme winter cold in Uvurkhangai province.

Georgia’s political kingpin Bidzina Ivanishvili quits politics

Iulian Ernst in Bucharest January 12, 2021

"I deem my mission to have been accomplished,” says billionaire Georgian Dream leader, but adds that “it is heartbreaking” that the country does not have a “constructive opposition”.

Armenia’s PM cautions conflict with Azerbaijan “still not settled” after trilateral meeting with Putin

bne IntelIiNews January 12, 2021

Nikol Pashinian nevertheless agrees to Armenian, Azerbaijani, Russian working group to unblock regional economic and transport links.

Fears of authoritarianism as Kyrgyz populist wins landslide and backing for ‘Khanstitution’

Nizom Khodjayev in Almaty January 11, 2021

Sadyr Japarov benefited “from disproportionate financial means and misuse of administrative resources, resulting in an uneven playing field” say OSCE election observers.

Russia, Kazakhstan pushing for oil production increases on the back of coronavirus vaccine-fuelled oil price optimism

Ben Aris in Berlin January 8, 2021

Russia and Kazakhstan won a concession from OPEC to increase production in the coming months at the expense of the Kingdom of Saudi Arabia, which remains concerned that the second wave of the coronavirus pandemic will depress demand in 2021.

World Bank expects modest recovery for Europe and Central Asia in 2021

bne IntelliNews January 6, 2021

Recovery hinges on an effective rollout of coronavirus vaccines, averting further surges in cases that would threaten a rise in social and geopolitical tensions.

Korea deploys destroyer as Iran seizes tanker and enters war of words with Israel

bne IntelIiNews January 5, 2021

Tehran vows “decisive response” to any Israeli action against its scaled up nuclear programme. New worries surface that Donald Trump plans to spark conflict with Iranians.

Kyrgyz lawmakers back controversial economic amnesty for individuals with illegally obtained financial assets

bne IntelIiNews January 4, 2021

Move on eve of presidential election will heighten fears that organised crime is a growing threat to democracy in Kyrgyzstan.

Turkmenistan: How the Grinch stole New Year

Akhal-Teke: Eurasianet December 31, 2020

As the president celebrates, the economic crisis deepened by a coronavirus outbreak he has refused to acknowledge has left his people in a state of Dickensian misery.

Armenia prepares to ban Turkish imports

Ani Mejlumyan for Eurasianet December 17, 2020

Following Ankara’s strong backing of Azerbaijan in the recent war, Yerevan is banning many Turkish goods.