Tag "Russia"
‘Black Tuesday’ in Russia as rouble slide sparks currency crisis
Sharp rouble depreciation revives fears of 1998 crisis, forcing the Central Bank of Russia to take tough decisions with limited results so far. Investors should prepare for further restrictions and economic recession. On
Kazakhstan becomes centrepiece in Eurasian diplomacy
In a phase of declining oil prices and economic storm in neighbouring Russia, Kazakhstan has engaged in intense diplomatic activity with the West and other Central Asian countries. Kazakhstan is
6 reasons 2015 will be defined by market volatility
Markets spent most of 2014 calmly moving up, but 2015 may be a different story. Outside of a brief surge in volatility in October, markets were complacent throughout 2014. Even
Rocky ride for Russia’s economy set to continue
Western sanctions and falling oil prices have cost Russia over $160 billion and have been “catastrophic” for the Russian economy. Despite this, the Russian leadership is unlikely to alter its provocative
EDA: Egypt exposed to price shocks in subsidy overhaul
EXTERNAL DEPENDENCIES ANALYSIS: Egypt’s attempts to reform highly subsidized oil and grain markets reveal key trade vulnerabilities. Egypt’s dependency on imported oil and cereals (despite its own production) leaves it exposed
Will the political will for energy reform in Eastern Europe last?
Russia’s actions in Ukraine and strained political relations with the EU has put energy security high on the agenda. Recent moves by several of Eastern European states suggest that the political will
Russia is further isolated by supporting Syria’s regime
Russia is still holding up the Assad regime economically, politically, and militarily. However, the rapidly unfolding situation in Syria’s civil war may put Putin’s strongest Middle East alliance in jeopardy.
Russia and China extend energy ties at APEC
With another major energy deal reached on the fringes of APEC Summit in Beijing, Russia and China continue to strengthen their energy ties with significant geopolitical consequences for both countries.
New oil tax laws in Russia could backfire
Eurasian integration in the new Eurasian Economic Union forces Russia to introduce a so called “tax maneuver” in its oil industry with negative consequences. Eurasian economic and political integration acquired special importance