Belarus' prime minister said that Western sanctions had blocked almost all the country's exports to the EU and North America.
In front of Putin in Moscow, Belarusian dictator addresses counterparts from Kazakhstan, Kyrgyzstan, Tajikistan and Armenia.
The accession of Finland and Sweden to Nato will transform the picture in the Baltic region but more military deployments are still needed, argue Baltic experts.
While Belarus' latest troop increases along the border with Ukraine have worried many, these actions should be seen in the light of Lukashenko's aim of de-escalating tensions with the West while showing loyalty to Putin.
The EBRD has cut its 2022 emerging Europe growth forecasts again, reflecting a sharp downgrade for Ukraine and the regional fallout from the war and sanctions.
The Belarusian regime is expanding the state authorities' grip on the economy to manage the sanctions pressure. However, this may have inverse effects.
Sanctions are taking its toll on the Belarusian economy, and its making some of the world's largest potash fertiliser importers rethink their trade-dependence on the post-Soviet nation.
Russian GDP forecast to fall by 9-15% this year, while Ukraine's economy could collapse by 38-45%.
While the front line has moved to Eastern and Southern Ukraine, Russian troops still remain in Belarus. The question is, what are they still doing there? Moreover, what are the objectives of Lukashenko's revived dialogue initiatives with the West?
The EU's latest sanctions package makes it harder for Russian and Belarusian actors to evade sanctions using cryptocurrencies. In light of this, it's also important to remember what the Belarusian regime's "crypto friendliness" is actually based on.
Lukashenko has demanded that Belarus is granted a place at Russia's and Ukraine's peace negotiations. Minsk is more and more sidestepping its previous war rhetoric against Ukraine, and has stopped calling Russia's invasion a "special operation".
The EBRD made a record profit of €2.5bn in 2021 on the performance of equity investments and the reduction of expected credit losses.
While being harassed as collaborators abroad, Belarusians continue their struggle against the Lukashenko regime.
Ukraine's economy forecast to contract by 20% and projections worsen across emerging Europe — except for Eurasian oil and gas producers Azerbaijan and Turkmenistan.
The European Bank for Reconstruction and Development (EBRD) is in the process of closing its Resident Offices in Moscow and Minsk, the development bank said in a press release on March 29.
Last week the Belarusian authorities granted political asylum to a US citizen. The regime has used this in an attempt to legitimise itself amidst its own brutal domestic political persecution.
Ukrainian intelligence sources have lately been cited as saying that Belarus may join Russia’s war soon. However, US officials earlier this week said that they saw no signs of Belarus joining the war anytime soon.
Belarus' tycoons may not have the political influence of their Russian counterparts, but they are major enablers of the illegal conduct of the Lukashenko regime, both at home and abroad.
Hacktivists targeting the Belarusian state as part of the cyberware against the invasion of Ukraine are getting under the skin of authoritarian leader Aleksandr Lukashenko.
But Kazakhstan has more to lose.