Almost as soon as the double whammy of the coronavirus pandemic and a concurrent collapse in oil prices hit Russia’s economy last March, the government reacted by introducing a mortgage subsidy programme; that may end this summer.
The project threatens the delicate regional military balance.
British Prime Minister Winston Churchill was in Moscow in winter to meet Stalin during WWII. Passing a group of Russians he asked his driver: "What are they doing?" "Eating ice cream, sir." He paused and said: “These people will never be defeated."
Lithuania is starting to catch up with Estonia in terms of startups but the small size of the local talent pools is acting as a constraint.
Russia’s economy contracted less than feared in 2020 and now it is bouncing back from the coronacrisis faster than analysts were expecting.
If Central Asian farmers don’t radically change how they use water, the region will not feed China.
OSCE report identifies border hotspots across the region where rising temperatures and more extreme weather events risk adding to border tensions.
The failure of a routine test at the Chernobyl Nuclear Power Plant in Soviet Ukraine released a cloud of radioactive particles in the worst nuclear accident ever.
Fear of China fuelled the activism, though frustrations had accumulated over stagnant living conditions in the provinces.
Shootings and incendiary rhetoric mar final days of a tight race between ruling Socialists and main opposition parties, in which neither side is expected to concede easily.
Uzbek President Shavkat Mirziyoyev has launched a new push to develop the Uzbek capital markets with a decree that brings in sweeping reforms. The market is already growing, but there is a lot of work still to do.
Russian President Vladimir Putin's annual State of the Nation address to the Federal Assembly was peppered with promises of heavy social spending and a better quality of life, but also spiked with threats to Russia’s opponents.
Now second only to India for new infections, the country is in a desperate situation that health professionals say the government is failing to acknowledge.
Ukraine's gas market reforms have been a huge success. By unbundling production and transport, the country has attracted hundreds of traders that compete on a vibrant market that has eliminated corrupt scams and brought prices down.
The White House has slapped new sanctions on Russia and targeted the Russian Ministry of Finance ruble-denominated OFZ treasury bills for the first time, the workhorse bond that is used to fund the budget. But what do the sanctions mean in practice?
The share price of Uzbek insurance company Universal Sugurta rose 200,000% in the first two months of this year, only to collapse again in March. It looks like a classic "pump and dump" play, but for the nascent market that's probably a good thing.
US e-commerce giant's push into the booming Polish market will make it much more competitive overnight.
The health minister then drank the concoction at a press conference.
The Russian ruble has been through some wild swings this year as it has almost completely decoupled from the price of oil and is almost entirely dependent on the ebbs and flows of geopolitical tension.
Regina Maria overtook rival MedLife to become the biggest player in the Romanian private medical services market. Private equity backer Mid Europa Partners plans to build it up further.