Summary: Georgia’s GDP surged by 44.8% y/y in April, according to preliminary estimates from statistics office Geostat. Recoveries seen in both external and domestic demand contributed. GDP was ... more
Summary: Iran has moved out of its three-year recession after recording two consecutive quarters of growth, the Central Bank of Iran’s (CBI’s) governor Abdolnasser Hemmati has announced on his ... more
Summary: Georgia’s first-quarter GDP contracted by 4.2% y/y, according to the rapid estimate published by statistics office Geostat. The figure marks a clear improvement from the 6.8% decline ... more
Summary: “Third Wave of COVID-19” is an undeniable fact now. Official daily cases figures broke consecutive records. Russia restricted flights to and from Turkey until June 1. When it comes ... more
Summary: Ukraine’s economy contracted by 2.8% in January and February, compared to the first two months of last year, estimated the Ministry of Economic Development and Trade. Except for retail ... more
Summary: Russia’s economy began to clearly emerge from the coronacrisis in March as industrial production went into the black for the first time in almost a year posting a 1.1% expansion, and ... more
Summary: Ukraine’s economy continues its strong post-Covid recovery in February, albeit remaining in the red. Although the economic indicators for 1Q21 will likely be sluggish, they should ... more
Summary: Iran has moved out of its three-year recession after recording two consecutive quarters of growth, the Central Bank of Iran’s (CBI’s) governor Abdolnasser Hemmati has announced on his ... more
Summary: Has Erdogan totally lost sight of reality? On March 19, he fired the third central bank chief in less than two years. Balance of payments crisis and authoritarian crackdown seem ahead. ... ... more
Summary: The Russian economic recession has ended, according to the Higher School of Economics (HSE). Russia had one of the mildest contractions of any major economy in the world, however the ... more
Summary: Georgia’s GDP contracted by 6.8% y/y in Q4, a quarter in which the country's economy was hit by the second lockdown that continued into the first quarter of 2021. The blow suffered at ... more
Summary: After a year of doom and gloom, Ukraine escaped 2020 in pretty good shape. The economy shrank by 4%, better than most of Europe and far better than the Ukraine forecasts of minus 7%. ... ... more
Summary: Iran has endured three years of recession under the renewed US sanctions. The first of those sanctions kicked in halfway through 2018, a year that brought a GDP contraction of 6%. Things ... more
Erdogan cut the Biden administration’s comb over the PKK. Now, he will play them like a fiddle. Erdogan is smarter than all of them when it comes to playing issues off against each other and the ... more
Russia’s economic results for 2020 were encouragingly good. The acceleration of the covid-19 pandemic in Russia during the second half of 2020 reduced economic activity due to such factors as ... more
Georgia’s GDP contracted by 11.5% y/y in January, deepening from 7.9% in December, according to a flash estimate from statistics office Geostat. The contraction is almost twice the 6.1% average ... more
For an outlook of what bne IntelliNews expects this year read our 2021 Outlook: It all hinges on Joe Biden. Turkey’s new COVID-19 data is still fake. Electricity consumption remained flat ... more
For an outlook of what bne IntelliNews expects this year read our 2021 Outlook Ukraine was hit hard by the coronacrisis, but the economy weathered the story surprising well at the end of the day. ... more
For an outlook of what bne IntelliNews expects this year read our 2021 Outlook Russia finished 2020 with a milder than expected 3.1% contraction, according to preliminary data from the Economics ... more
Iran has endured three years of recession under the renewed US sanctions. The first of those sanctions kicked in halfway through 2018, a year that brought a GDP contraction of 6%. Things worsened in ... more