Uzbek oil company Saneg squeezes the last drop of oil from the tube

Ben Aris in Tashkent March 25, 2024

In 2019 the Cabinet of Ministers set up the company Saneg and transferred the ownership of 103 depleted oil fields to see if the company can squeeze a little more oil out of them, as Uzbekistan has an oil deficit and wants to reduce imports.

THE BELL: Russians have never lived as well as they do today

The Bell March 24, 2024

Russian President Vladimir Putin would have probably won the elections even if they had been free and fair, as Russians have never lived as well as they do today. The economy would have powered Putin to victory.

Slovaks head to the presidential polls amid fears of state capture

Albin Sybera March 22, 2024

Peter Pellegrini is expected to collect votes from nationalist candidates in the run-off in two weeks time, giving him a crucial advantage over Ivan Korcok.

German companies are entering a new game on the Azerbaijani field

Seymur Mammadov in Baku March 22, 2024

The working visit of President of Azerbaijan Ilham Aliyev to Munich, to attend the Security Conference in February, was marked by significant negotiations with the managing director of the German Eastern Business Association, Michael Harms.

Analysts assess “early confidence shock” delivered by Turkey’s surprise rate hike

bne IntelliNews March 21, 2024

Country’s new economic policies have so far not triggered sufficient foreign portfolio inflows “to create the virtuous cycle the reform team need”, says economist.

An epic insurance brawl over Russia’s seizure of planes is going nowhere

bne IntelliNews March 21, 2024

An epic brawl in the aviation insurance business is going nowhere as Western firms try to recover something from the Russian government, which seized billions of dollars’ worth of leased planes impounded by Russia.

One year on: Russia’s budget deficit already at end of year forecast level

Ben Aris in Berlin March 21, 2024

This time last year and a cheer went up from amongst Ukraine’s supporters. The twin oil sanctions were moving into place and it looked like they were going to work as Russia’s oil revenue collapsed and the budget deficit blew out.

BOFIT: Russian growth fades, but budget spending up sharply. Has the military Keynesianism maxed out?

Bank of Finland Institute for Economies in Transition (BOFIT) March 18, 2024

Based on the monthly estimate released by Russia’s ministry for economic development, on-year GDP growth has slowed in recent months, while budget spending is up sharply.

India to headline the rapid catch up of global emerging markets by 2050 – Capital Economics

Ben Aris in Berlin March 18, 2024

Emerging markets will overtake the Western world in terms of the collective nominal size of their economies by 2050, with China and India as the second and third largest behind the US, according to Capital Economics’ long-term forecasts.

Kosovo yields over Decani monastery to pursue Council of Europe membership

Valentina Dimitrievska in Skopje March 14, 2024

Closely guarded Serbian Orthodox monastery deep inside Kosovo has long been a source of tension between Pristina and Belgrade.

Ukraine becomes world's 4th largest arms importer, European imports soar

bne IntelliNews March 12, 2024

European arms imports were up by 94% in 2019-23, as Ukraine's allies send military aid while also arming themselves, says new SIPRI report.

Closing gender gap in workforce could double global growth rate says World Bank

Clare Nuttall in Glasgow March 8, 2024

Countries in Central and Eastern Europe and Eurasia have a lower gender gap than the global average but only Latvian women have equal legal standing with men.

NEO: EU ban on Russian aluminium may cause shortages, price surge

NEO March 6, 2024

The EU has been discussing the possible ban of Russian aluminium for months but stopped short of taking such measures, If EU policymakers follow through on the suggestion in the next round of sanctions it could cause chaos on the metal markets.

Making drones in the kitchen: Ukrainian civilians rise to meet military shortages

bne IntelliNews March 6, 2024

With Western support for Ukraine’s war effort suffering as a result of the United States’ failure to agree on a new aid package, ordinary Ukrainian citizens are stepping up to the plate.

Kyrgyzstan: Officials brush aside uranium anxieties over Kyzyl-Ompol field

Eurasianet March 5, 2024

Experts have voiced safety concerns over the field in the past, but such objections are now being silenced.

War and sanctions have forced Russia to make long overdue reforms

Ben Aris in Berlin March 4, 2024

The pressure of the war in Ukraine has forced the Kremlin to push through a raft of long overdue reforms as its struggles to raise more revenues for the budget, increase the efficiency of the economy and keep the people happy.

Mongolia urged to “open door” to Russian Mongols who want return to ancestral roots

Antonio Graceffo in Ulaanbaatar March 2, 2024

Campaigners want compatriots law that would apply to peoples of Russia’s Buddhist republics and minorities with Mongolic origins the world over.

Kyrgyzstan: As net tightens around Matraimov, Japarov is clearing field of viable threats

Ayzirek Imanaliyeva for Eurasianet March 1, 2024

All the corrupt former customs chief's one-time allies are scrambling to disavow him.

LONG READ: China and Russia, the industrial production superpowers that could win a war

Ben Aris in Berlin March 1, 2024

China is now "the world’s sole manufacturing superpower" and Russia’s productive capability is greater than that of Germany’s, according to recent studies on the changes to the world’s manufacturing make-up.

In Ukraine’s Donbas, complex questions of identity and loyalty

Neil Hauer in Sviatohirsk February 29, 2024

An unrepentantly Russian Orthodox colony now finds itself accused of wavering loyalties by Ukraine’s political leadership.