Sunday’s centennial of Ataturk’s secular nation is a bothersome date in the diary for the Islamist-rooted Erdogan regime. At the same time, hardly any Turks feel the dire state of the country merits acclamation.
It is realistic to expect Armenia's strategic turn to the West and Russia's final withdrawal from the South Caucasus after the settlement of Armenian-Azerbaijani and Armenian-Turkish relations.
"If the people who are in charge in the EU believe that because of sanctions, I could approach Mr. Putin and tell him to stop the war, and it will work, then I’m afraid we’re all in big trouble." Mikhail Fridman, Russian oligarch.
President Erdogan’s recent troubles with the United States have prevented Turkey from playing a potentially constructive role in the early phases of the Israel-Hamas conflict.
KSE Institute released its October Russia Chartbook, “Macroeconomic Situation Shows Signs of Improvement, Sanctions Need to Be Tightened” providing an overview of Russia’s economy, foreign trade, fiscal and monetary policies.
Central banks could keep interest rates higher for longer as they fight to curb the worst inflation in a generation and that is putting weak banks in danger.
Exit polls suggest the Polish opposition coalition is set to take power. Restoring institutional order could unlock the potential of the economy and release EU funds.
The war in Ukraine and Israel are two sides of the same coin minted by dictatorial, terrorist regimes in Russia and Iran that are increasingly isolated and under extreme pressure.
Three-fifths of Russia's seaborne crude exports are now being shipped by tankers not required to comply with the G7 oil price cap, according to S&P Global data, as the oil price cap sanctions are increasingly seen to have failed.
The revised Zangezur Corridor project through Iran will enable Azerbaijan to restore diplomatic relations and facilitate trade with its big neighbour, while Armenia will remain in play as a future partner for regional transport connections.
As a low-risk financial powerhouse, gas-rich country would be an attractive borrower, if it were to need the money.
GDP growth continues above trend. Exchange rate overvalued relative to peers.
Russia has been promoting four myths about Ukraine grain exports to the rest of the world, as it continues its naval blockade on seaborne exports that undermine global food security, the Kyiv School of Economics (KSE) Agrocenter writes.
Growing local debt amid positive real rates could draw attention of foreign portfolio investors.
A green light would not be a signal of the ruling Georgian Dream government’s actual preparedness for membership. The criteria that the EU has set for Georgia have not been reached, or even approached, despite the government's boasts.
In August 2023, Russian seaborne oil exports reached their lowest point since September 2022, according to the September edition of ‘Russian Oil Tracker’ by KSE Institute. This decline came as Russia reduced its reliance on Western markets.
Broad look at what geopolitical shift and domestic developments mean for economic activity, fiscal and monetary policy and interest and exchange rates, plus a snapshot of bank sector lending.
After the suppression of the Karabakh Armenians, President Ilham Aliyev reiterated that he sees what he calls “western Azerbaijan” as historical Azerbaijani territory that his country therefore has the right to reclaim.
Chinese FDI is not likely to recover to its previous levels in CESEE, yet that masks the niche profile that Beijing is carving out for itself in the region.