Business confidence jumps to highest level recorded since early 2021. Companies ramp up purchasing activity on expectations.
wiiw believes that most countries of the region have “probably already digested” most of the economic shock caused by the Ukraine war, provided Russia does not escalate the conflict further.
Move might enable gold and silver miner to carve out its Russian business.
Moscow is driving forward its energy ambitions in Central Asia as it seeks new markets for gas that Europe now shuns.
Restaurants that closed after sanctions on Russia hit supply chain are back in business with no brand on the door.
Tales of families sleeping in cars that are warmer than homes as cold front brings sub-zero temperatures not experienced in half a century.
Word of rejected proposal comes as many Uzbeks shiver with no gas amid big winter freeze.
Glaciers are disappearing around the world. Here’s how it happens in Central Asia.
Continuous ‘three-month visa runs” no longer possible for draft dodgers from next week.
It plans to export 1.5mn tonnes of crude this way in 2023.
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.
New research suggests that pollution thousands of miles away may be responsible for unusually strong summer downpours in Central Asia.
Tokayev's walking a fine line between building relations with China and the West and not upsetting the main man in the Kremlin.
The government narrative is vague and full of holes.
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.
Russia will lose its majority stake in the Eurasian Development Bank (EDB) after the council of the Kazakhstan-based bank approved a redistribution of member states’ shares, according to a document seen by bne IntelliNews.
Franchisee banned by US parent corporation from purchasing Russian meat supplies. Alternative sourcing would apparently mean running business at a loss.
Kazatomprom said it was avoiding routes across Russia due to sanctions on the country.
In a recent investigation, the Belarusian Investigative Centre has detailed how Belarusian wood working suppliers use Central Asian countries to circumvent EU sanctions.