The Economics of Geography - The Financial Landscape of Eurasia

15/09/2023 14:24

Russian LNG exports increase, EU plans no ban

Exports of liquefied natural gas (LNG) from Russia have already increased by several percent since the year start, Russian Energy Minister Nikolai Shulginov said in an interview with Sputnik. European Union has no short-term plan to ban Russian LNG despite soaring imports to the bloc, Spain's energy minister Teresa Ribera told Reuters.

15/09/2023 14:13

Russia turns to the Far East

On September 10-13, Vladivostok hosted the 8th Eastern Economic Forum (EEF), attracting over 7,000 participants from the Asia-Pacific region. Russian President Vladimir Putin spoke about the changes in global economy and the emerging multipolar world order.

10/09/2023 16:42

New trade corridor planned between Türkiye, Saudi Arabia and the UAE

Turkish President Recep Tayyip Erdoğan announced on Sunday a major trade corridor project (global trade artery) to connect Türkiye with Saudi Arabia and the United Arab Emirates via Iraq.

10/09/2023 14:09

Moscow: De-dollarisation of Russia-China trade is practically complete

The share of the US dollar in mutual settlements between Russia and China has substantially shrunk over the past two years, meaning that the de-dollarisation of their bilateral trade is practically complete, Georgy Zinoviev, the director of the Russian Foreign Ministry’s First Asian Department said, according to RIA Novosti.

03/09/2023 18:29

Kazakhstan outlines key pillars of new economic model

Kazakhstan should resolutely transition to a new economic model, prioritizing tangible improvements in citizens’ lives, said President Kassym-Jomart Tokayev in his annual state-of-the-nation address.

03/09/2023 12:00

More than 40 countries to participate in 20th China–ASEAN Expo

This year, over 40 countries and 1,700 companies are expected to participate in the fair, Sui Guohua, vice governor of Guangxi, said at a press briefing.

02/09/2023 07:00

Iran awards major airport project to Chinese contractor

Saeed Chalandari, who serves as CEO of Imam Khomeini International Airport (IKA), said that Iran will spend at least 2.5 billion euros ($2.7 billion) to build a second phase at the airport under the contract signed with the unidentified Chinese company, according to the MEHR news agency.

01/09/2023 18:38

OPINION: China eases restrictions on labor migration, and that is excellent

The world is moving in Jiangsu, Shandong, Jiangxi, and Zhejiang. These Chinese provinces are rolling back their huji restrictions on domestic mobility, spearheading an announced partial dismantling at the national level. This turnaround is a boon for Chinese workers, for China, and for the global economy. Hundreds of millions of Chinese will gain additional freedom of mobility. The humanitarian and economic opportunities are enormous.

29/08/2023 07:00

Belt and Road cooperation has made massive advances over the past decade

Massive advances have occurred through jointly building the Belt and Road over the past decade, said a Chinese government official.

25/08/2023 08:00

The impending change of world order

By a given world order, we mean not only the economic and inter-state organisation of the international system, but also its leading ideas, or more precisely their organic relationship. While the previous world order was defined by unipolar neoliberalism, a multipolar system based on the great sphere order is now emerging.

25/08/2023 07:00

China could gain huge technological superiority

According to a recent Critical Technology Tracker by the Australian Strategic Policy Institute (ASPI), the Western world's position in the global technology race is weakening, whether it is research breakthroughs or the ability to attract international talent, both of which are critical to the evolution of technological development.

25/08/2023 05:00

The art of economic warfare

Decide for yourself what consequences the different attempts at economic coercion have in the different areas using our handy summary.

23/08/2023 07:00

Tourism boom boosts Türkiye's economy

Türkiye’s current account moved into surplus for the first time in nearly two years, as a boom in tourism and a lower energy import bill helped ease pressures on the economy during a shift in domestic policies, Bloomberg reported.

20/08/2023 12:05

China's foreign trade to sustain growth with resilience, potential

China's foreign trade is expected to maintain steady growth despite a challenging external environment, as the country continues to strengthen endogenous impetus and expand multilateral economic and trade relations, experts have said, according to Xinhua.

19/08/2023 07:00

Turkish Airlines claims to be world first by destination countries

Turkish Airlines has announced that it now ranks number one in the world in terms of destination countries, a claim it shared during its H1 2023 results presentation.

08/08/2023 12:23

Kyrgyzstan and Uzbekistan to pass over Kazakhstan in trade route with Russia

The Southern Transport Corridor is going to stretch from Kyrgyzstan via Uzbekistan and the Caspian Sea port of Turkmenbashi in Turkmenistan to the port of Astrakhan in Russia.