Eastern Europe / Opinion

HESS: Mongolia’s unique success story between rock and a hard place at risk

Maximilian Hess October 25, 2024

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.

OPINION: BRICS’ path to expansion

Seymur Mammadov in Baku October 20, 2024

34 countries have already submitted their applications to join BRICS, as recent geopolitical shifts have led to a realignment in global politics.

KSE: Russian Sanctions Digest by KSE Institute October 2024

Kyiv School of Economics October 14, 2024

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.

KSE: Ukrainian Draft Budget for 2025

Kyiv School of Economics October 8, 2024

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.

STOLYPIN: Putin's nuclear rhetoric hints at Ukrainian endgame

Mark Galeotti director of consultancy Mayak Intelligence and honorary professor at UCL School of Slavonic & East European Studies September 29, 2024

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?

RAGOZIN: What is Zelenskiy’s real Plan B?

Leonid Ragozin in Riga September 26, 2024

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.

COMMENT: How Armenia helps Russia bypass Western sanctions

Seymur Mammadov in Baku September 19, 2024

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.

ASH: War in Ukraine - where is the Western leadership?

Timothy Ash Senior Sovereign Strategist at BlueBay Asset Management in London September 19, 2024

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?

COMMENT: For Kazakhstan, World Nomad Games were a geopolitical foot-in-the-door

Ailis Halligan in Astana September 18, 2024

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 gets ready to rebuild its military stockpile

Ben Aris in Berlin September 17, 2024

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.

KSE: Ukraine's budget stabilises in 2Q24 after a difficult start to the year

Kyiv School of Economics September 16, 2024

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.

BOOK REVIEW: Autocracy, Inc: The Dictators Who Want to Rule the World

Clare Nuttall in Glasgow September 15, 2024

Pulitzer Prize winning historian Anne Applebaum explores how modern autocrats are united by the need to preserve their wealth and power.

BOFIT: Russia continued on a more moderate growth path in July

Bank of Finland Institute for Economies in Transition (BOFIT) September 14, 2024

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.

STOLYPIN: A covert campaign rooted in misapprehension

Mark Galeotti director of consultancy Mayak Intelligence and honorary professor at UCL School of Slavonic & East European Studies September 12, 2024

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: Russia’s overheating economy increasingly hard to manage

Kyiv School of Economics September 12, 2024

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.

MACRO ADVISORY: EU aluminium market and aluminium from Russia

Chris Weafer of Macro-Advisory September 11, 2024

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.

BOFIT: Sanctions push CBR to adjust its ruble exchange rate policy

bne IntelliNews August 30, 2024

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.

ASH: Blood Debt — Russia Will Pay for Ukraine’s Sacrifice

Timothy Ash Senior Sovereign Strategist at BlueBay Asset Management in London August 30, 2024

It seemed like good news when on August 28, Ukraine agreed to a debt restructuring with holders of $24.3bn in Eurobonds.

KSE: Stepping-up economic sanctions is urgently needed to constrain Russia

Kyiv School of Economics August 14, 2024

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.

BOFIT: Russia’s unemployment has fallen to record post-Soviet low of only 2.4%

Bank of Finland Institute for Economies in Transition (BOFIT) August 9, 2024

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.

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