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War in Ukraine will impel Kazakhstan to diversify

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KAZAKHSTAN

Kazakhstan’s economy has weathered well the turbulences created by the war in Ukraine. A new context for the country’s traditional aspirations to balance and diversify economic…

Russia's budget revenue forecast may prove optimistic

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RUSSIA

The Ministry of Finance is seeking new ways to boost federal revenues to fund rising military expenditure, as well as any pledges made during the forthcoming presidential election…

Ukraine war will erode its Visegrad neighbours’ unity

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EASTERN EUROPE

The war delivered a shock to Europe’s post-Cold War order -- its security, peace and stability. Economically, it marks a turn in global trade relations, supply chains and energy…

EU energy market reform would carry important risks

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EU

Southern European countries want to impose price ceilings and decouple the electricity market from gas prices. They face strong resistance from northern member states, who instead…

Mounting economic problems endanger Moldova stability

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MOLDOVA

Sandu called for "maximum vigilance", although it is unclear when the coup attempt was due to happen. The announcement follows Prime Minister Natalia Gavrilita's surprise…

Turkish-Emirati easing will miss full rapprochement

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TURKEY/UAE

This was the culmination of months of backchannel talks between two of the Middle East’s bitterest rivals. It is intended to help reduce bilateral tensions and facilitate further…

Gaza war will hike Israeli and Mideast gas risk

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MIDDLE EAST

The Israel-Hamas conflict that started on October 7 has had a direct impact on Israel’s gas supply. Following the Hamas attack, the Israeli government stopped production at the…

Prospects for the Russian economy to end-2023

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PROSPECTS H2 2023

Despite recent economic stabilisation, future growth prospects are severely limited owing to Russia’s international isolation. A prolonged war in Ukraine would threaten the…

Nuclear is no easy fix for Europe’s energy crisis

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EUROPE

For proponents, investment in nuclear energy will enable Europe simultaneously to become energy self-sufficient and reach climate change targets. However, sustained political and…

Renewed war with PKK may risk Turkey's energy security

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TURKEY

The Justice and Development Party (AKP) has abandoned its long-stalled 'peace process' with the Kurdistan Workers' Party (PKK). In response, the PKK has ended its ceasefire…