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Finance International

Sanctions on Russia also hit foreign investment

On 28 April 2014, the U.S. launched its third round of sanctions on Russia, aimed at President Vladimir Putin’s cronies and their businesses. As the situation continues to deteriorate, investors

Economics International

Sanctions against Russia cause greater capital inflows to Brazil

The Russian Federation’s actions in the Crimea continue to reverberate throughout the world. Far away from Eastern Europe, even Brazil is likely to feel the effects of Russian choices as short-term

Economics Europe

Ukraine crisis makes Russia look east

After Western leaders talked last week about penalizing Russia further, President Vladimir Putin asked for a diplomatic resolution on the Ukraine crisis. Yet, a Russian move towards ‘Eastern allies’ is still on the table.

Economics South and Central Asia

Taking Crimea may throw Russia into recession

Russian leaders may celebrate annexing Crimea, but it will cost the Russian economy. Already weak, this latest move threatens to send the country into recession. Following the successful referendum on Crimean independence and

Europe Natural resources and energy

Lack of energy sector reform holds back Russian economy

Russia remains a leading worldwide energy exporter, but its energy sector remains a laggard in desperate need of modernization. Governmental corruption and a restricted domestic market both stand in the

Europe Politics

Crimea referendum shows shift in Western-Russian relations

Crimeans vote on whether they want to stay part of Ukraine or join the Russian Federation this weekend. Regardless of the outcome, which Western leaders have already decried as illegitimate,

Economics Europe

Corruption remains key to Russia’s economic stagnation

Corruption is widespread throughout the executive, legislative and judicial branches at all levels of the Russian government. The Russian authorities recognise that corruption is a major problem and have implemented a

Economics International

Northeast Passage to revolutionize global shipping

Developing the Northeast Passage could revitalize Arctic regions, allow the shipping industry to bypass politically unstable areas and reduce travel costs and carbon emissions. But the project is dependent on

Economics South and Central Asia

Dreams of tourist-friendly North Caucasus hard to realize

North Caucasus hopes to use the Sochi Winter Olympics to attract investment through improvement in tourism. Yet, insecurity, corruption and broken infrastructure make such dreams difficult to realize. The President

Security South and Central Asia

Volgograd attacks spark security fears ahead of Sochi Games

The Volgograd attacks that claimed 34 lives just weeks ahead of the Sochi Winter Olympic Games came as a warning that security is still a concern in a region close