Perspectives | Uzbekistan internationalises legal landscape to entice foreign investors

Matthew Fisher & Robert Garden for Eurasianet December 6, 2019

Two lawyers examine Uzbekistan’s plans to lure investors by using English law.

GAZ workers' livelihoods on the line as road trip protestors arrive in Vienna

Ben Aris in London December 5, 2019

The ten GAZ workers on a road trip across Europe to highlight the plight of Russia's second largest car plant arrived in Vienna on December 4 and delivered a letter to the US ambassador to highlight their plight.

IIB building up CEE identity after relocation of HQs to Budapest

Levente Szilagyi in Budapest December 4, 2019

fectly placed to grow further after the relocation of its HQ s to Budapest. Of the five major international development banks operating in the EU, IIB is the only one stationed in the region and is building on its CEE identity

AFC Capital: Uzbekistan’s capital markets at tipping point

Scott Osheroff in Singapore December 3, 2019

CMDA announces short-listing of 20 companies for IPO/SPO through Tashkent Stock Exchange.

CEE “brimming with opportunities” in renewables — and airports

bne IntelliNews December 3, 2019

In a sign of the complex politics surrounding climate change, CEE has huge opportunities for investment into two growth areas: renewable energy and airports, finds a new study by law firm CMS.

Saxo Bank’s Outrageous Predictions 2020

Daniel Rad December 3, 2019

What are the odds on China, Iran and Russia creating a new world currency? On Moscow slashing oil production? And on Hungary making a ‘Huxit’ while Trump gets an election hammering?

TURKEY INSIGHT: Credit-juiced economy back on road of growth

Will Conroy in Prague December 2, 2019

Erdogan administration in hurry to get back in fast lane but analysts warn reckless driving could spark fresh build-up of macro imbalances.

A new era of expansion and competition in Uzbekistan’s retail sector

Clare Nuttall in Tashkent November 28, 2019

Local retail champions are expanding aggressively in the face of competition from international players attracted by the opening up of Uzbekistan’s economy.

Used clothing marketplace Vinted becomes Lithuania's first ever $1bn tech unicorn

Clare Nuttall in Glasgow November 28, 2019

Lithuania-based Vinted has raised €128mn in its latest funding round, which values the company at over $1bn making it Lithuania's first ever tech unicorn.

LONG READ: Debt deals in Mozambique that go wrong

Ben Aris in Berlin November 28, 2019

When the story broke it looked like a simple case of corruption. Mozambique, one of the poorest countries in the world, had taken on $2bn of secret debt to buy some patrol boats from a little know Middle Eastern arms dealer and three years later had

Ukraine has 16 days left to do a transit deal with Gazprom

Ben Aris in Berlin November 27, 2019

Time has almost run out for Russia and Ukraine to strike a new gas transit deal before the previous one expires. There are 16 days left until December 13 before it becomes impossible to reach a new agreement ahead of the expiration of the contract.

Western Balkans divided over “mini Schengen”

Denitsa Koseva in Sofia November 26, 2019

Albanian PM slams “patriots in pyjamas” as Bosnia, Kosovo and Montenegro hold off on joining regional integration project.

Climate offender: Unep Emissions Gap Report 2019 says Turkey has “weak” greenhouse gas reduction target

bne IntelliNews November 26, 2019

Annual assessment also notes Ankara has set ambitious plan for new coal-fired power plants but lack of financing is holding things up.

Rosatom rolls out the small modular reactor: a mini-nuclear power station to solve some big problems

Ben Aris in Berlin November 26, 2019

Time is running out for the planet. Next year is a crunch year when CO2 emissions must peak if we are to avoid an ecological disaster. Nuclear power is one of the few options we have. So Rosatom is rolling out small modular reactor (SMR).

Uzbekistan to return to the heart of regional trading networks

Clare Nuttall in Tashkent November 25, 2019

Uzbekistan’s trade and FDI have soared after the reforms of the last three years. Deputy Investment and Foreign Trade Minister Laziz Kudratov outlines the next steps as Tashkent aims for WTO membership and a revival of Central Asian transport links.

X5 bets on data and retail tech to stay ahead

bne IntelliNews November 25, 2019

X5 Retail Group is turning to technology in an effort to stay ahead of the disruption Russia’s food retail market is going face as the business goes digital.

Tajikistan keeps budget afloat on $1.1bn bed of debt

Kamila Ibragimova of Eurasianet November 22, 2019

The plan is to raise the credit on preferential terms.

Privatisation wave to propel Uzbekistan’s capital markets overhaul

Clare Nuttall in Tashkent November 22, 2019

Uzbekistan is preparing state-owned companies for privatisation in tandem with drawing up plans for a new strategy to revitalise the domestic capital markets.

BOOK REVIEW: Why Germany’s commercial interests prevail in its dealings with big, bad Gazprom

Jason Corcoran in Moscow November 21, 2019

There is an enigma as to why German political and public opinion is in favour of the Kremlin’s controversial Nord Stream-2 gas pipeline. "The Bridge: Natural Gas in a Redivided Europe" by Thane Gustafson tries to solve the riddle.

Build build build: Russia’s national projects get underway

Ben Aris in Berlin November 21, 2019

Russia’s RUB25.7 trillion ($390bn) investments planned for the 12 national projects are getting underway and the state will inject additional spending of 4% of GDP each year. The lion's share of investment will go into building roads.