Belarus' Plan B to avoid economic crisis

Ben Aris in London June 16, 2019

The IMF warned Minsk last November that it better have a “Plan B” ready if it could not persuade Moscow to pay it compensation for a change in the way oil exports are taxed. It's got one.

Russia suspends allocation of $600mn to Belarus, Minsk says

bne IntelliNews June 14, 2019

Russia has suspended allocation of loans to Belarus for a total amount of $600mn, according to Belarusian Finance Minister Maksim Yermolovich.

Problems with contaminated Russian oil not over in Poland and Germany

bne IntelliNews May 22, 2019

The transit of Russian oil via Druzhba pipeline has not yet been resumed due to persisting technical problems in Poland and Germany, Vedomosti daily and Reuters reported on May 21 citing unnamed market sources.

Belarus foreign reserves increased by 4.5% m/m in April

bne IntelliNews May 10, 2019

The foreign exchange reserves of Belarus increased by $322.7mn, or 4.5% month-on-month, to $7.6bn in April following a 2.1% m/m growth in March, the National Bank of Belarus (NBB) said in a statement on May 4.

COMMENT: Chinese engagement in CESEE: paper dragons and false inevitabilities?

Gunter Deuber of Raiffeisen Research in Vienna, Marcus How of Vienneast in Vienna May 3, 2019

The Belt and Road Initiative (BRI) is no less than an attempt by the Chinese to reshape the international order, but it has acted as a strategic opportunist and has no clear development plan.