Ukraine War: Ukraine was still resisting Russia's invasion as of May 2, with parts of the country turned into a slaughterhouse. See the live map here. Since the Russian invasion of Ukraine ... more
Ukraine’s real GDP will shrink by at least a third this year due to the war, according to the National Bank of Ukraine, but in 2022 the domestic economy will gradually recover as most of the ... more
The war with Ukraine has dragged on for over two months by the start of May and instead of the $1bn that a three day war, initially expected, it is now costing an estimated $500mn per day. This is ... more
Ukraine War: Ukraine was still resisting Russia's invasion as of April 7, while the Russians had retreatred from around Kyiv. See the live map here. The media's attention span for the war is ... more
Russia was starting to boom in October. Economic growth was surprisingly strong in the post-coronacrisis bounce back. Inflation was uncomfortably high, but the Central Bank of Russia (CBR) string of ... more
Horrifying images emerged from the massacre in Kyiv’s suburb of Bucha on April 3, where retreating Russian soldiers murdered a reported 350 civilians in cold blood. The streets strewn with bodies ... more
Iran’s economic growth recorded 5.7% in the third quarter of the current Iranian calendar year (September 23 – December 21, 2021), according to a report by the Central Bank of Iran (CBI) on March ... more
Georgia's real GDP grew by 10.4% in 2021, according to preliminary data issued by the statistics office Geostat on March 21. Last year, GDP at current prices amounted to GEL60.2bn ($18.7bn), which is ... more
The World Bank in its latest Global Economic Prospects published on January 11 has upgraded its real GDP growth projections for Iran, anticipating estimated GDP gains of 3.1% in 2021, 2.4% in 2022 ... more
Georgia’s economy rose by 9.6% y/y in December 2021 and ended the full year with an outstanding double-digit growth rate of 10.6%, according to preliminary data issued by the statistics office ... more
The outlook for Turkey in 2022 promises increasing tensions that lead ineluctably to bloody violence. No outcomes will be a surprise in a country now ridden by multiple crises. How to name ... more
Russia’s macro indicators end 2021 in good shape as the economy recovered quickly from the double whammy of coronacrisis and an oil price shock. And the stock market was booming until ... more
The World Bank in its latest Global Economic Prospects published on January 11 has upgraded its real GDP growth projections for Iran, anticipating estimated GDP gains of 3.1% in 2021, 2.4% in 2022 ... more
Georgia’s economy rose by 9.6% y/y in December 2021 and ended the full year with an outstanding double-digit growth rate of 10.6%, according to preliminary data issued by the statistics office ... more
The International Monetary Fund (IMF) in its latest World Economic Outlook published on October 13 has stuck with its forecast for a 2.5% expansion in Iran’s economic growth in 2021. The Fund also ... more
Georgia’s economy remained steady at 6.9% in October, at the same level as in September, according to the preliminary data released by the statistics office Geostat. For the first 10 months of the ... more
1.0 Executive summary 2.0 Politics 2.1 UK Supreme Court hears Ukraine position on $3bn Yanukovych debt 2.2 Green bond scandal 2.3 Politics - misc 2.3 Polls & Sociology 3.0 Macro Economy 3.1 ... more
The Russian economy continues to rebound, but the pace of recovery has slowed down, according to Russian Accounts Chamber. The Russian economy grew 4.3% y/y during the third quarter, but the ... more
Ukraine’s GDP picked up steam in August, increasing by 2.9% since January, compared to 2.1% from January to July. “The economy is now in a recovery phase,” the Economy Ministry said ... more
HARDCORE: On October 21, President Recep Tayyip Erdogan cut the policy rate by another 200bp to 16%. With this latest move, Turkey’s monetary policy dives deeper into uncharted territory. It is not ... more