Maximising the benefits of Russia’s surprising exodus.
A private company linked to Belarusian President Alexander Lukashenko is reportedly constructing a luxurious bolthole with hotel, restaurant and chalets in Russia’s mountainous village of Krasnaya Polyana, near Sochi, a joint investigation found.
The battle of the corridors is heating up as India promotes a new India-Middle East-Europe Economic Corridor (IMEC) route that will connect the subcontinent with Europe by traversing the Middle East over land then sea to the EU via Haifa in Israel.
An exhibition of captured military trophies has opened in Moscow, ahead of the May 9 annual Victory Day parade, showing off Nato armour and vehicles captured by Russian forces in the Ukraine conflict.
Russia’s heavy military spending is acting as an income inequality equaliser. A raft of Russia’s poorest regions are the biggest winner from the militarisation of the Russian economy, as state money pours into fixing up regional factories.
Russian President Vladimir Putin will be sworn in for his fifth term in office on May 7 and, according to the Russian constitution, the government must resign.
Russia’s imports of Western technology have reached pre-war levels and the export control regime to stop the trade is full of holes. Tougher rules, enforcement and bigger fines are needed to curb the trade, according to a report by Bruegel.
Russian oil export revenues surged to $17.2bn in March 2024, driven by higher global oil prices and increased crude export volumes, according to the April ‘Russian Oil Tracker’ by KSE Institute.
Russian President Vladimir Putin promised a planned tax overhaul would increase inflows to the state budget, benefit low-income families and provide long-term stability for Russian corporates at his meeting with the big business lobbying group.
At the same time, in Poland and Hungary, social networking sites and messaging apps are considered more free and more trustworthy than mainstream media, according to new poll.
Ukrainian forces are withdrawing U.S.-provided Abrams M1A1 battle tanks from the front lines after at least 5 have been destroyed by cheap Russian drones.
Russia’s oil and gas revenues surged in the first three months of this year by 79%, but Reuters calculated they will double in April compared to the same month a year earlier, the newswire reported on April 24.
A new report released by the Center for European Policy Analysis (CEPA) estimates the total damages from the Ukraine war at between $485bn and $1 trillion and notes that Western aid delivered thus far has been woefully inadequate for reconstruction.
Germany’s slow recovery is dampening growth prospects for Central and Southeast European economies.
The European Parliament voted in favour of rules earlier this month that would enable individual EU member states to block Russian LNG imports, by preventing Russian companies from booking capacity at gas infrastructure.
With Emerging Europe increasingly polarised between democracies and authoritarian states, it is unclear in which direction the hybrid regimes – which fall between the two camps – will go, says Freedom House.
The US stepped forward to rescue Ukraine on April 21 that has been staring defeat in the face, and not a moment too soon. But the aid won't solve many of Ukraine's remaining problems nor will it allow Kyiv to win the war.
No one wants to mention the “D” word. It’s becoming increasingly difficult to pretend that Ukraine is not losing and getting closer to being defeated in the war with Russia.
Many of Ukraine’s cows have found themselves on the front line and some have been killed or were simply slaughtered when their owners fled the country to escape the invading Russian forces in 2022.
Despite the global "green transition," predictions of decreasing demand for fossil fuels have not yet been realized. And sanctions imposed on Russia are rewriting energy export routes.