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Economics International

Automotive battle revs up between Russia and the EU

The European Union (EU) is pressing the World Trade Organization (WTO) to take action in the first official complaint against Russia since the country joined the WTO in August 2012.

Economics Europe

Ukraine Teeters Between the EU and Russia

Even if Ukraine-EU trade association agreements are signed, will they be harmful to Ukraine’s economy? Several weeks ago, signs suggested Ukraine was moving towards Europe when the government officially stated

Natural resources and energy South and Central Asia

Is hydropower the key to Georgia’s economic future?

Georgia seeks to capitalize on potential hydro-power reserves to increase local production and potentially become an energy exporter. In May, India’s Tata Power agreed to invest in two hydroelectric projects

Economics International

SCO Showcases Chinese Investment in Central Asia

The Shanghai Cooperation Organization (SCO) was intended to be an influential Eurasian organization that would improve both economic and security ties among members. Instead, it has become a symbolically powerful

Economics South and Central Asia

Armenia to Join Eurasian Customs Union

Last week, Armenia publicly announced it would join the Russian-led customs union in a move that stunned EU officials, who already had completed negotiations on comprehensive free trade and political

Economics South and Central Asia

Kazakhstan Pegs Tenge to Foreign Currency Basket

Starting September 2nd, Kazakhstan will peg the tenge to a basket of foreign currencies, effectively ending the managed float that was put in place in March 2011. The basket will

Europe Politics

Ukraine Moves Closer to Europe

In spite of Russian president Vladimir Putin’s warnings to Ukraine that he will take “protective measures” if the country signs a trade pact with the EU, Ukraine seems to be