There is a high risk of a renewed outbreak of fighting between Azerbaijan and Armenia, and only a slight chance of a peace deal that settles the status of the ethnic Armenian enclave of Nagorno-Karabakh within Azerbaijan.
The European Bank for Reconstruction and Development invested a record €13.1bn into its Emerging Europe and Eurasia region in 2022, the bank announced on January 12.
There is an old joke that the role of economic forecasters is to make astrologers look good. Forecasting GDP or inflation for the upcoming year with any degree of accuracy is virtually impossible, but there are some scary signs appearing.
Mutual FDI stock in the Commonwealth of Independent States (CIS) countries grew fast until Russia went into recession in 2012, when its GDP growth sank to zero. However, it soon started to recover, with Russia playing the leading role in the region.
Kazatomprom said it was avoiding routes across Russia due to sanctions on the country.
President Berdimuhamedov may have put Turkish counterpart Erdogan’s nose out of joint by shelving pipeline interconnector proposal.
The global economy has been through some enormous changes in recent years, leading investors and analysts to believe we are at the start of a new high-inflation, lower-growth super-cycle that could last for as long as a decade.
Interest rate hikes have eased price pressures, but the weather, war and material costs could keep food prices elevated for longer,
Ashgabat said to be signalling that “it won’t get out of bed for anything less”.
Global debt remained above pre-pandemic levels in 2021 even after posting its steepest decline in 70 years, underscoring the challenges for policymakers.
In April 2021 gold was sitting around a price of $1,700; as of December 10, 2022 it is now approaching $1,800. Relative to just about every other asset class, this is not a bad performance.
For Lukashenko, the pursuit of regional political stability is incompatible with having to show strong allegiance to his larger regional allies’ geopolitical goals. His unpredictability will continue to increase tensions in the post-Soviet space.
Twenty years ago the young freelance photojournalist Roddy Scott was killed by Russian forces in the Pankisi gorge in Georgia, a refuge for terrorists and a transit point into neighbouring Chechnya during the war there.
US-based toxicologist says that "testing has revealed the presence of heavy metals" in former president's body.
Former president remains in a detention that one of his lawyers has called a "death sentence".
Foreign Minister Nicu Popescu takes care not to provoke Russia, despite Nato promises of support for Moldova.
Traditional export markets for Georgian wine are reeling due to the war in Ukraine, deepening ongoing trends of market diversification among winemakers in the South Caucasian country.
The Georgian opposition believes that the bill will be used to punish opposition financiers and to protect the interests of Georgian Dream founder Bidzina Ivanishvili.
Development bank recommends countries should now gradually dial down help to vulnerable companies, so they can either learn to adapt to the new climate of higher interest rates or exit the market by going into insolvency.
Fibre-optic lines crucial part of project set to benefit up to 1.8bn people from Frankfurt to Mumbai.