Russia’s imports crashed after the invasion of Ukraine in February as Western trade partners simply cut supplies to the country off while around 1,000 firms promised to pull out altogether. Now they are recovering fast.
Slovenian aerospace company partners with Textron of the US to accelerate growth.
Amid the ruins of their houses, Ukrainian villagers recall the Russian invasion and Moscow's retreat in some of the fiercest fighting of the war.
Fund managers surveyed by Bain & Company point to region’s strong macroeconomic fundamentals and catch-up potential.
Greying of populations big dilemma for developed countries. Share of people on planet aged 65 years or above projected to rise from 10% now to 16% in 2050.
The incumbent’s absence from the debate will bear him no political cost. His five rivals will all lose soundly this weekend.
In the remaining months of this year Uzbekistan hopes to hold its first three major IPOs in carmaker UzAvto, metallurgical business UzMetKombinat and the leading mortgage bank in the country Qishloq Qurilish Bank (QQB).
Croatia, Montenegro and Slovenia have been relatively resilient to the crisis this year, though a slowdown looms in 2023.
Uzbekistan’s Orient Group has emerged as one of the largest multi-sector conglomerates in Uzbekistan with interests in real estate, banking, retail and agriculture. Now it is getting ready to tap in the international capital market.
The withdrawal goes back to the unanswered question of what was Moscow’s original objective on February 24, and why did it take the Kherson bridgehead in the first place?
Sanctions, inflation rates and government policies have been (and still are) restraining Belarus’ industrial output and the domestic market’s expansion this year. The effects are clearly reflected in the increase in stocks of finished goods.
Outraged at Moscow’s virulent invasion, the British legal firm McCue Jury & Partners decided to launch a claim on behalf of Ukrainian refugees undergoing psychiatric care in the United Kingdom.
In January 2016 Paresishvilli successfully plugged Georgia into the international capital markets when it hooked up to the international settlement and clearing system of Clearstream. Now he intends to do do the same with the Tashkent Stock Exchange.
Uzbekistan's ICT Week 2022 was a chance for the country to showcase the results of its ambitious economic reform programme under President Shavkat Mirziyoyev. The World Bank has stated that Uzbekistan is undergoing an "unprecedented transformation".
VTB, the Kremlin’s second-largest bank, has brought down the curtains on “the final chapter” in its “100+year history” in the City of London, according to its latest regulatory filing.
Xalq Retail (which means “People’s retail” in Uzbek) was only set up in 2020 and has 10 stores but intends to become the leading supermarket chain in the Central Asian market that is home to tens of millions of people.
Russia could form new strike groups to attempt another offensive from Belarusian territory in 2-3 months, according to one Ukrainian military official.
“Ukraine fatigue” among Kyiv’s Western allies is building as the war drags on, fuelling both a cost of living crisis and an energy crisis, but Western aid to the embattled country is still far from halting.
The president claimed “trained militants” were behind nationwide unrest in January. Ten months later, no evidence has come to light supporting his claim.
On October 29, Russia pulled out of the landmark “Black Sea Initiative” grain deal, brokered by the UN and Turkey last July, only to rejoin a few days later. However, the deal is set to expire soon, and its extension is uncertain.