In a move that reflects both the increasing ties between Moscow and Tehran and the difficulties both countries have in shipping via the Caucasus land bridge given instability and political changes there, the two governments have announced plans to open trade on the Caspian Sea between Astrakhan in Russia and …
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Do Protests In China Threaten Xi’s Power? – Analysis
The splendour of Chinese President Xi Jinping’s crowning moment where he wangled a third term during the 20th National Congress of the Chinese Communist Party (CCP) and the rising protests by demonstrators calling an end to his signature zero-COVIDstrategy and even seeking his ouster are a study in contrast. As Xi commences his third term in …
Read More »Russian Oil Price Cap Will Fuel Energy Crisis – OpEd
West Texas Intermediate (WTI) and Brent crude futures were volatile during the holiday-shortened trading week amid plans to impose a price cap on Russian oil. The policy is poised to go into effect on Dec. 5 when the European Union establishes a boycott on nearly all of Moscow’s petroleum products. …
Read More »Deflation Is Not A Problem: Reversing It Is – Analysis
The yearly growth rate of the Consumer Price Index (CPI) fell to 7.7 percent in October from 8.2 percent in September. Note that in October 2021 the yearly growth rate stood at 6.2 percent. Some experts are of the view that it is quite likely that the momentum of the …
Read More »Baku Parliamentarian Proposes Renaming Country Northern Azerbaijan – OpEd
Last week, Azerbaijani President Ilham Alliyev told the ‘Along the Middle Corridor’ Conference that “we will do everything possible to defend our way our life as well as the secular direction of the development of Azerbaijan and of Azerbaijanis, including Azerbaijanis living in Iran. They are part of our nation” …
Read More »The risks and rewards of Erdogan’s next military operation
Turkish President Recep Tayyip Erdogan has signaled his intent to soon launch the ground phase of Operation Claw-Sword, a military operation designed to clear areas along Turkey’s southern borders of fighters from affiliates of the Kurdistan Workers’ Party or PKK, which the United States lists as a terrorist organization. A …
Read More »Windfall: How Russia managed oil and gas income after invading Ukraine, and how it will have to make do with less
IntroductionRussia’s economy has demonstrated impressive resilience in the face of Western sanctions, so far. Forecasts of gross domestic product (GDP) downturn have been consistently revised on the upside, and inflation, though high, is lower than in Italy and in line with global trends. This resilience stands in stark contrast to …
Read More »Experts react: What this wave of protests means for the future of the Chinese Communist Party
They’re spreading like wildfire. The Chinese Communist Party’s (CCP) restrictive policies to limit COVID-19 have sparked a wave of protests from Xinjiang province to Beijing to Shanghai. And the protesters are looking for much more than an end to severe lockdowns; some are also pushing for Xi Jinping to step …
Read More »Killed Islamic State Leader Had Previous Run-In With US
The United States was able to quickly confirm the death of the Islamic State’s leader in southern Syria this past October because it had his DNA and other biometric data on file from an encounter with him from long before he took the helm of the terror group. U.S. officials …
Read More »Fighting Starts to Escalate in Yemen
The ceasefire between the Government of the Republic of Yemen and Houthi opposition forces formally expired in early October and continues to deteriorate. In November, the Houthis attacked government-controlled energy infrastructure targets, but they have thus far stopped short of resuming strikes on targets inside neighboring Saudi Arabia. U.N. officials …
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