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Myanmar’s Russia ties will grow stronger

Location:

MYANMAR

Separately, Russian arms transfers to Naypyidaw are fuelling the conflict between the junta and its armed opponents. Among the countries that remain close to Myanmar, Russia and…

War in Ukraine will impel Kazakhstan to diversify

Location:

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…

Iran is approaching the limits of its oil expansion

Location:

IRAN

Iran’s increasingly skilled sanctions evasion (aided by less intense US enforcement) has made it the second-largest contributor to higher global oil output over the past year…

China will dominate Iraq’s energy sector

Location:

IRAQ

Chinese companies have not only become the dominant players in the upstream oil and gas sector and the leading importers of Iraqi oil; they are also important forces in…

Russia will exploit tension but will not encourage war

Location:

RUSSIA

Russia maintains a delicate balance in the Middle East, preserving a close relationship with Shia-majority Iran and a security presence in neighbouring Syria while seeking…

Foreign exchange shortages will persist in Guyana

Location:

GUYANA

These difficulties have arisen despite the sharp rise in oil output to nearly 143 million barrels last year, from which the government received some USD1.6bn in revenues. Oil…

Trade will tighten Gulf-South Korea relations

Location:

GULF STATES/SOUTH KOREA

Previously, in December 2023, South Korea signed a landmark free trade agreement (FTA) with the six-nation Gulf Cooperation Council (GCC), only the bloc’s second with a major…

Vietnam will rethink its relations with Russia

Location:

VIETNAM

Vietnam is Russia’s closest partner in South-east Asia and has refused to criticise Moscow over the Ukraine war. Between 2000 and 2022, Russia accounted for more than 80% of…

India budget shows commitment to fiscal prudence

Location:

INDIA

It is only an interim budget because a general election is set to take place soon, most likely in April-May. The budget surprised many observers because of its lack of…

Sanctions will increase risks for Russian economy

Location:

RUSSIA

However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…