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Economics Europe

Regulations discourage foreign pharma in Russia

The Russian pharmaceutical market is one of the country’s more dynamic industries, having consistently outperformed national GDP growth rates. An analysis of the pharma market, however, suggests that regulatory obstacles are

Europe Security

Nordic Defense Cooperation to counter Russian threat

The five Nordic defense ministers announced last week the beginning of extensive military cooperation between their countries, arguing that Russia is currently the biggest threat to European security. In a declaration published

Asia Pacific Economics

The geopolitical implications of North Korean mineral reserves

The recent discovery of rare earth mineral reserves in North Korea has the potential to redefine the country’s long-term prospects and radically alter geopolitics within the region. Thinking about the North

Economics Europe

Political risk looms over Russian IT sector

Information technology is a rare example of a globally competitive, non-natural resources sector in the Russian economy. Yet, government attention to this industry has led to clumsy regulations and higher political

Europe Politics

Book Review: Putin’s Kleptocracy

Anyone interested in the development of capitalism in post-Soviet Russia, Putin’s rise to power, and the nexus between Russian oligarchic business and foreign policy will find this book to be

Europe Natural resources and energy

Limited prospects for EU to diversify natural gas imports

Russia will remain a major supplier of natural gas to the EU as projects to find alternative sources face headwinds from escalating costs and political meddling from Moscow. Whereas Europe

Middle East/North Africa Natural resources and energy

$10 billion Russia-Jordan nuclear deal promises dividends

Last week, Jordan signed a $10 billion dollar deal with Russia to build the country’s first nuclear power plant. For an energy-strapped nation as Jordan, the project is an important investment

Economics Europe

Crimea in painful transition one year after referendum

One year after Russia seized control of Crimea, the peninsula is going through a painful economic transition. The region has lost 76% of investments, and new ones are unlikely to

Europe Natural resources and energy

EU-Russia energy relations at lowest point since Cold War

It has been one year since the controversial referendum on Crimean independency took place under the protection of Russian arms and the factual annexation of the strategically important peninsula in

Economics The Week Ahead

GRI’s Weekly Risk Outlook

Greece proposes reform measures to Eurozone finance ministers. Presidents Obama and Tusk meet to speak on state of transatlantic diplomatic ties. Perth hosts iron and steel talks as commodities slide.