The worsening economic data coming out of the US and yet another coronavirus lockdown in China will tip the world into a global recession, the Institute of International Finance (IIF) said in a note on July 1.
More and more young people may be leaving the physically demanding herding life behind to seek their fortunes in the cities, but it remains big business.
Vladimir Putin wants to reorientate Russian trade east and south. To some extent, such a strategy will be complicated by an avoid-Russia-at-all-costs mentality drawing commerce to a ‘Middle Corridor’.
Recent moves toward restoring relations with Armenia’s traditional enemies have run into strong resistance from the global diaspora. But will it make a difference?
Inflation is being driven up by the food crisis and disrupted supply chains, first during the pandemic and now due to the war in Ukraine, leading to fears of stagflation for the whole world.
The world’s economy is being hit by an inflation and interest rate shock that shows no sign of abating, Institute of International Finance (IIF) said in a recent paper.
More than 7,000 Kyrgyz nationals applied for seasonal farming jobs in Britain
Georgian cinema has been enjoying a renaissance, becoming a darling of the international independent film world. But it’s also running into political problems at home.
The conflict in Ukraine and high inflation threaten the global economy with stagflation similar to that experienced in the 1970s, according to a new World Bank forecast.
Reliance on migrant remittances has left Kyrgyzstan especially vulnerable to the pandemic and Russia’s war.
Bishkek is pinning its industrial hopes on a small Chinese company with no past. The opaque arrangement reflects how Kyrgyzstan’s government does business.
Austria’s foreign minister calls enlargement the EU’s biggest geopolitical instrument – but will member states use it to encourage candidates and would-be candidates at the upcoming EU Council?
Dushanbe wants obedience but treats the region as something to be exploited and ignored.
Fresh prohibitions have crushed hopes that newly appointed 40-year-old president Serdar Berdimuhamedov would pursue a more enlightened path.
Uzbekistan's growth slowed in 2022, but if the pace of reforms continues to be as fast as in the last few years it is expected to rebound to around 10% a year once the current health and geopolitical crises are over.
This year it is spending more than 10% more than it did before its 2020 defeat of Armenia, and is planning to spend even more in coming years.
Georgians make up the most prominent contingent of foreign fighters in Ukraine. At least nine have been killed.
FX reserves fall by $1.2bn in few months—yet small, developing nation must pay for imports in USD.
Transkapitalbank has requested the US Treasury let it continue to operate in Central Asia.
Caught between ‘zero-Covid’ China on one side and war-sanctioned Russia on the other, the Mongolians face mounting difficulties.