Author of report from Washington think tank points to fading of traditional arrangement whereby Moscow takes care of security matters while Beijing takes care of the economic side.
Gold-exporting Uzbekistan has the emerging Europe region's best shot at achieving positive GDP growth this year. Other economies managed to expand in Q1 but will be pushed into full-year contractions.
‘Hermit nation’ has been crisis-stricken ever since the previous energy price collapse. Reduced demand for gas from COVID-19 impacted China, savage windstorms and pandemic impacts on food imports move it ever nearer the edge.
Slowdown in new cases in Eastern Europe, while lockdowns already being lifted in Central and Southeast Europe.
Governments that failed to rise to the crisis — through denial, dismissing the dangers or simply incompetence, resulting in unnecessary deaths and economic hardship — should fear their day of reckoning.