DATACRUNCH: Stagflation visualisation

Ben Aris in Berlin July 18, 2022

Stagflation is here. The world is facing a global recession that could go on for several years as central banks everywhere will be forced to put through growth-crushing large rate hikes to control runaway inflation. But just how bad is it now?

FDI in CEE: It’s about Russia, inflation and populism

Wojciech Kosc in Warsaw July 18, 2022

After February 24, when the first Russian tanks rolled into Ukraine, looking at a map of Europe is no longer what it used to be.

The CBR’s macroeconomic survey paints a mixed picture of Russia’s growth out to 2025

Ben Aris in Berlin July 15, 2022

The impact of the sanctions on Russia have been milder than expected and the record-high current account surpluses have cushioned the blow. The Central Bank of Russia has released the results of its macroeconomic survey of expected results to 2025.

Kazakhstan joins club of countries banning Lightyear over same-sex kiss

Almaz Kumenov for Eurasianet July 14, 2022

The culture minister says he is responding to calls from the public.

Russians and Ukrainians pile into Turkish real estate market

Justine Mazonier July 14, 2022

Buyers flee war impacts to protect assets. Ukrainians seen as very likely to depart for home once conflict is over. The Russians, less so.

Central Asia’s deadly protests have much in common

Bruce Pannier for Eurasianet July 12, 2022

Government explanations are hard to believe, and do not hide the poverty and abuse fuelling unrest.

Islamic State threatens Central Asian and Chinese ventures in Afghanistan

Lucas Webber for Eurasianet July 10, 2022

The terror group behind growing carnage in the wretched country says anyone working with the Taliban is a target.

How many days of gas consumption are in Europe’s storage tanks?

Ben Aris in Berlin July 10, 2022

If the Russians turned off gas supplies to Europe today, how many days of gas are currently in the storage tanks?

Uzbekistan creating gas processing industry to feed soaring domestic demand

Clare Nuttall in Qarshi and Tashkent July 10, 2022

Rather than exporting natural gas as a raw material, Uzbekistan is investing into deep processing capacity to enable domestic production of fuels, plastics and other products.

Russia sanctions complicate Uzbek energy sector overhaul

Clare Nuttall in Tashkent July 10, 2022

Western sanctions imposed on Russia after the invasion of Ukraine are holding up investments in energy projects in double-landlocked Uzbekistan.

INTERVIEW: 'Without a free Ukraine, there is no chance for a free independent Belarus,' say hacktivists Belarusian Cyber Partisans

Social media correspondent Dominic Culverwell July 9, 2022

Hours after Russia launched its full-scale invasion of Ukraine on February 24, an unexpected announcement was released online: A special hacker unit called "Tactical group of Belarus" had formed and were joining the fight against Russia.

The European Union needs to cut demand by 15% to cope with Russian gas cuts

Ben Mcwilliams and Georg Zachmann of Bruegel July 9, 2022

Without Russian gas, the European Union would have to reduce demand by approximately 15%, with big differences between different parts of Europe.

Serbia’s strong tech sector growth defies brain drain

Clare Nuttall in Belgrade and Glasgow July 8, 2022

International companies in search of tech talent and innovative local startups are converging in Serbia, an emerging high-tech hub that is especially strong in blockchain and game development.

Kyrgyzstan fears losing economic crown jewels if it delays China debt repayments

Aida Kadyrzhanova in Almaty July 8, 2022

The large debt Kyrgyzstan has accumulated to neighbouring China has raised fears the country may have to hand over lucrative assets if it fails to meet its repayment obligations.

Karakalpakstan: Dazed, confused and angry after deadly turmoil

Joanna Lillis for Eurasianet July 8, 2022

Furious locals and police largely agree on what happened during Uzbekistan’s worst bout of unrest in almost 20 years. But there is strong dispute on one crucial point: Who started the violence?

Russia is a globally significant grain producer, but the dacha garden is still the main source of potatoes

bne IntelliNews July 8, 2022

Russia is a globally significant grain producer and exporter, but the Russian dacha, or summer house, still produces the lion’s share of vegetables and potatoes.

Tougher times ahead for Emerging Europe

Clare Nuttall in Glasgow July 7, 2022

With no end to the Ukraine war in sight, spiralling inflation is set to drag down growth across Emerging Europe in the second half of 2022 and into 2023, wiiw’s latest forecasts say.

Ukraine’s banking system puts the worst of the war shock behind it as sector goes back into profit

bne IntelliNews July 7, 2022

Ukraine’s banking sector is holding steady in the midst of the war-storm sweeping the country and returned to profit in May after losing money in the first two months of the war, according to the National Bank of Ukraine (NBU).

Mongolia celebrates the return of Naadam

Antonio Graceffo July 7, 2022

The ancient festival initiated by Ghengis Khan in 1206 and commemorating the “three sports of men” — archery, horseracing and Bökh wrestling — is back after two years of pandemic disruption.