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Smallprint shows Caspian Sea summit was not the ‘summit to end all summits’

Smallprint shows Caspian Sea summit was not the ‘summit to end all summits’

Signing of convention made for a nice photocall, but expect more interminable wrangling on how to divide up the oil and gas resources.

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I remember how brutal Turkey’s last dollar crisis was—but so does President Erdogan

I remember how brutal Turkey’s last dollar crisis was—but so does President Erdogan

Michael Daventry recalls the torturous slog and loss of dignity that followed the country’s 2001 currency collapse—and led to the rise of a then little-known leader. Could history repeat itself?

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MOSCOW BLOG: Turkey's crisis a golden opportunity for the Kremlin

MOSCOW BLOG: Turkey's crisis a golden opportunity for the Kremlin

Turkey finds itself in tremendous economic peril and Donald Trump’s actions only serve to aggravate the situation. The Kremlin may sense a shot at breaking up Nato. And analysts even see the possible emergence of an anti-US “axis of the sanctioned”.

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MOSCOW BLOG: US declares economic war on Russia

MOSCOW BLOG: US declares economic war on Russia

“The US has declared economic war on Russia,” Russian Prime Minister Dmitry Medvedev said in remarks that set the stage for a real military clash between the two countries.

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Turkey’s economy in meltdown, bank failures can’t be ruled out

Turkey’s economy in meltdown, bank failures can’t be ruled out

Lira’s death spiral looks set to spark undeniable debt and liquidity crisis.

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ALACO DISPATCHES: Erdogan’s embrace of Western Balkans worries EU

ALACO DISPATCHES: Erdogan’s embrace of Western Balkans worries EU

The controversial Turkish leader has been building economic bridges with the region but is his engagement in its best long-term interests?  

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Russian growth is stymied by a crisis of confidence

Russian growth is stymied by a crisis of confidence

Russia’s economy is doing fairly well but what is holding it back from faster growth is a crisis of confidence among businesses. Corruption and red tape are problems, but the predatory nature of the state-owned enterprises is a bigger one.

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Russia’s flourishing toilet paper industry

Russia’s flourishing toilet paper industry

Russia’s economic growth may well be in the toilet, but that's probably the best time to get into the toilet paper business.

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BUCHAREST BLOG: Diaspora Romanians seek to revive flagging protest movement

BUCHAREST BLOG: Diaspora Romanians seek to revive flagging protest movement

Numbers have dwindled at the once massive anti-corruption protests in Bucharest, allowing the government to forge ahead with changes to justice laws and criminal legislation.

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