Sectoral sanctions have arguably been the most significant innovation in the sanctions tool box over the last decade. Despite reticence over Russia, Brussels now leads the way on expanding their use beyond the Ukrainian conflict, targeting Belarus.
Russia’s recent history has repeatedly shown that August is a month when surprises, usually bad, can happen more often than in any other month.
A few days ago China’s Foreign Minister Wang Yi spent three days visiting President Bashar al Assad in Syria, the first foreign dignitary the Syrian president has hosted since the start of his new term.
On July 12, Vladimir Putin, President of the Russian Federation, released an epistle entitled "On the Historical Unity of Russians and Ukrainians" that has set the cat amongst the pigeons
Framing Georgia’s far right as a unified pro-Russian actor obscures complex local problems.
Issue one of many to be addressed by July 15-16 conference, "Central and South Asia: regional dependence. Threats and opportunities", convened on initiative of Uzbek president.
Following recent cases of Russian-linked cyberespionage and ransomware attacks. President Biden has cranked up the pressure on Vladimir Putin to act.
Russian CPI jumped to 6.5% y/y in June and kept accelerating in the first week of July. While supply-side inflation seems to have stabilised, demand-driven CPI stands out in pharma, construction materials, and tourism sectors.
The election of a hardliner could augur a more security-oriented approach by Tehran toward Armenia and Azerbaijan.
The standoff between the UAE and the rest of OPEC+ continues, with Monday’s meeting cancelled. In theory this means that OPEC+ output will remain unchanged in August, which would be bullish for prices in the short term.
The International Financial Congress was held by Central Bank of Russia (CBR) on June 28 –July 2. The conference was designed to discuss and reshape policies in the medium term.
As oil prices rise to their highest level in almost three years, OPEC and its partners are discussing a deal to increase production. Abandoning fossil fuels is a hot topic, but like it or not, oil remains the world’s most important commodity.
Since its independence in 1991, Ukraine has been largely limited in its capability to defend itself, partly through poor decisions made by Ukraine and partly due to limits placed on Ukraine by its Western partners. Turkish drones have changed that.
This week the Czech National Bank increased its key interest rate for the first time in the last 16 months, while the Hungarian National Bank did so for the first time in the last 10 years.
Sea snot is the perfect metaphor for the Erdogan regime. That was my first thought when I saw the visually arresting images of the Sea of Marmara enveloped in a suffocating gunk.
Carnegie analyst identifies Tajikistan, Uzbekistan and Kyrgyzstan as long-shot options.
In the end, the EU has agreed to comprehensive economic sanctions against Belarus. Sectoral EU sanctions are to be revealed and likely adopted by the EU on 24-25 June and reportedly include sanctions on potash and mineral fuel exports and finance.