De-Nazarbayevification is a useful electoral strategy, which may explain why the news was announced by Kazakhstan’s ruling party ahead of polls next month.
The oil market took a double shock on December 5 when an EU ban on importing Russian oil and an oil price cap scheme were introduced simultaneously. That was followed by a product ban on February 5. The jury is still out on if these will work.
Thousands with homes reduced to rubble left stranded in the open in heavy snowfall and subzero temperatures.
The International Monetary Fund has released one of the most optimistic forecasts for Russia’s economic growth for 2023, predicting 0.3% for this year. The reason? Oil exports will defy sanctions.
Dealmaking in Central Europe is set to rebound, says law firm's long-standing Prague managing partner, as new kinds of investor move into the region.
Baltic states maintain trade in unsanctioned goods with their giant neighbour Russia since President Vladimir Putin’s invasion of Ukraine, despite their staunch opposition to the Russian aggression.
Beg Sabur has been dispatched to the Pamirs to start work on overhauling the nation's internet.
As the leading privately owned company in the country and a large employer, Artel is trying to lead by example and promote best and responsible ESG business practices in Uzbekistan, the company said in its recently released progress report for 2022.
Russian pipeline gas flowing to Europe dipped to a record low in January, down 30% compared with supplies in December, while experts warn that there could be significant further downside risk to the country’s deliveries.
Friendshoring has replaced nearshoring after the invasion of Ukraine, benefiting Western-aligned states but causing a shift away from Serbia.
Ukraine’s economy has been devastated by the war with Russia and at the start of 2023 the situation has only been getting worse.
The Russian economy is starting 2023 in a far better state than many had anticipated in the spring following the invasion of Ukraine and ensuing Western sanctions.
The price caps would work by barring Western insurance and shipping companies from insuring or carrying cargoes of Russian oil products unless they were bought at or below the caps, which will be imposed after February 5.
The weak macroeconomic backdrop and the spectre of possible recession are likely to stifle M&A in the coming months, according to the annual CMS/Emis Emerging Europe M&A Report.
Benefiting from its geographic proximity and historic ties, Italy is already one of the top investors and trading partners of the Western Balkan countries.
The Belarusian Investigative Centre (BIC) continues to unravel corruption and sanctions avoidance schemes by Belarusian businessmen. This time, they show how a Belarusian businessman continues to operate in Germany despite EU sanctions.
Poland leading the effort to get the tanks delivered to Ukraine may give the ruling PiS extra clout in an election year.
Moscow is driving forward its energy ambitions in Central Asia as it seeks new markets for gas that Europe now shuns.
Ministers say legislation will end much social media harassment. Critics reject that explanation. Say country’s young, fragile democracy will be hurt.
The Russian government appears to be preparing for a second wave of mass mobilisation with a series of changes to the laws to increase the pool of eligible candidates for conscription by a third, pointing to a new mobilisation in the spring.