Surrounded by Russia and China, country’s democracy and economy deserve Western support. But snatching assets from foreign investors would mean such backing falling by the wayside.
34 countries have already submitted their applications to join BRICS, as recent geopolitical shifts have led to a realignment in global politics.
The decline in Russian oil export revenues is driven by lower global oil prices, not enhanced sanctions enforcement. While the discount on Russian oil remained stable, the reduced revenues reflect less favourable external conditions.
The draft budget for 2025 is built on similar principles to the 2024 budget, with a clear focus on defence, security and social protection. International financial assistance remains crucial to maintaining budgetary stability.
Vladimir Putin is at it again, playing on Western nerves with talk of modifications to Russia's nuclear doctrine to open up more options for the use of nuclear weapons. Could one be preparation for an endgame for the war?
Popular Ukrainian video blogger “Pasha Bumchik” surprised his followers with a new video which shows him illegally crossing the Romanian border in Karpaty mountains. He decided to undertake this audacious move after receiving a draft notice.
Armenia must adhere to a multivector foreign policy while effectively managing risks, as Prime Minister Nikol Pashinyan stated two years ago during a lecture in the Netherlands. But that includes the necessity of trading with Russia.
Over two and a half years now into Putin’s full scale war on Ukraine and I think the West should be asking itself where it has gone wrong. Why has the West been unable to give Ukraine the support needs to bring it a speedy victory?
Hosting the spectacular occasion, involving nearly 100 countries, was a big soft power move by a country intent on cooperation with all nations, big and small.
Russia is set to embark on a long-term military reconstitution programme aimed at restoring the losses incurred during its full-scale invasion of Ukraine. But it has a few big choices to make first.
Ukraine's budget stabilised in the second quarter of 2024 after a challenging first three months of the year largely due to the unblocking of international financial assistance and improved domestic tax revenues.
Pulitzer Prize winning historian Anne Applebaum explores how modern autocrats are united by the need to preserve their wealth and power.
Russian economic growth slowed significantly in June, but sustained its lower pace in July. According to Russian economic development ministry’s estimates, year-on-year GDP growth in June and July was around 3%, down from 4.5% in the April-May.
The first ever joint public event by the heads of the CIA and Britain's SIS – better known as MI6 – saw them address a wide range of topics, from Iran and AI to, predictably enough, Russia.
KSE Institute has released its new August Russia Chartbook “Russia’s Overheating Economy Increasingly Hard To Manage.” The Russian government’s efforts to maintain macroeconomic stability are facing growing challenges.
The EU is toying with the idea of slapping sanctions on one of Russia’s most important exports to Europe: aluminium. If it happens, the end of aluminium deliveries to Europe could cause prices to spike and drive smaller companies out of business.
The Central Bank of Russia abandoned its nominal exchange rate target and allowed the ruble to float freely in November 2014. But since the start of the western sanctions it has been force to jury rig the system.
It seemed like good news when on August 28, Ukraine agreed to a debt restructuring with holders of $24.3bn in Eurobonds.
KSE Institute has released its new July Russia Chartbook “Stepping Up Economic Sanctions Is Urgently Needed To Constrain Russia.” Energy sanctions continue to face challenges.
Russia’s unemployment has fallen to record post-Soviet low of only 2.4% as a result of an acute labour shortage caused by the war in Ukraine, the Bank of Finland institute for Emerging Economies (BOFIT) reported in its weekly update.