Economy

Sanctions and the new economic reality

By all appearances, anti-Russian sanctions have become a constant of international life. However, a new reality is emerging in Russia’s economic relations with the West. Economic interaction is growing, despite anti-Russian sanctions, and increasingly penetrates strategic fields. This is happening because sanctions affect the interests of many key Western figures who are beginning to feel them as a burden. 

7 april 2017 | 09:51

Latest in Russian policy: Lavrov in Italy and Moscow defies international courts

Last week, right before Foreign Minister Sergey Lavrov's diplomatic visit to Italy, Rome announced that it would temporarily block the renewal of EU sanctions against Russia. In the meantime, the issue with Ukraine's refusal to repay its debt to Russia has not been resolved, and it became clear that a compromise was not likely to be found before the end of the year. Finally, another important development was the change in Russian legislation that now establishes the priority of national law over international court rulings.

14 december 2015 | 22:00

The most important Russian foreign policy events of the week (16-23 November)

Last week was devoted to the G20 Summit in Turkey, mourning for the victims of the terror attacks in France and Egypt, and the search for a joint approach to fighting international terrorism. Despite the clear commonality of the global terrorism problem and the prospects for a joint solution, each of the great powers continues to play its own game.

23 november 2015 | 22:00

Russia has the ability to help Democratic Republic of Congo reach its potential

Russia can help Congo achieve stability and prosperity. It has a history of engaging with the country during its early days of independence in the 1960s. It also has expertise in extracting the minerals that could make Congo prosperous. And it has a willingness to help Africa’s second-largest country end its civil war. 

23 october 2015 | 21:00

Belarus is gearing up its trade with the African continent

A lot of the work that Belarus and Africa have put into expanding trade in recent years has amounted to laying groundwork that will generate future rewards. Given the enthusiasm the two sides are showing about increasing their commercial ties, it’s a good bet that the groundwork will lead to tangible benefits sooner rather than later.

18 october 2015 | 21:00

Greece: choosing between bad and worse

When Greece entered the Eurozone in 2001 it was experiencing incredible euro-romanticism, and the main slogan would be ‘We have nothing to share’. The latter was based on the illusion that the invisible hand of Europe would be equally generous to all of its children. However, soon it turned out that despite the common currency the economies of the EU members are not equally competitive, and they do not benefit equally from the common market and the currency union. 

8 july 2015 | 13:14

Russia does not need a divided EU

Russia is ready to soften the food embargo, to finance major projects in Greece and participate in privatization. Experts, however, believe that the gradual normalization of relations with Brussels is more to the advantage of Moscow than an open split in the EU.

10 april 2015 | 21:00

Russia does not need a divided EU

Russia is ready to soften the food embargo, to finance major projects in Greece and participate in privatization. Experts, however, believe that the gradual normalization of relations with Brussels is more to the advantage of Moscow than an open split in the EU.

10 april 2015 | 21:00

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Russian security services ready to help U.S. fight ISIS, says FSB chief

The director of Russia’s Federal Security Service has expressed his willingness to cooperate with U.S. security agencies in their fight against ISIS, following a Washington summit on combating terrorism. Russian observers identify differences in strategy and ideological approach as the key challenges to successful anti-terrorist cooperation between Russia and the United States.
 

 
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