Eurasia / Features

CONFERENCE CALL: Decline of the West and rise of the rest

Ben Aris in Rhodes October 14, 2019

It was 30 years ago that the Berlin Wall came down, ushering in hopes of a united, peaceful and prosperous world. Today the world is unpredictable and moving towards a new division between East and West. How did we get here?

Trump ‘stabs Kurds in back’

bne IntelliNews October 7, 2019

Erdogan gets Syria incursion okay. Facing outcry, US leader then says: “If Turkey does anything that I, in my great and unmatched wisdom, consider to be off limits, I will totally destroy and obliterate Economy of Turkey".

Turkmenistan: Echo chambers

Eurasianet October 4, 2019

For a leader so uninterested in representative government, Berdimuhamedov has done a lot of fiddling with the legislative branch.

IRAN STAND-OFF: Day brings tentative step towards peaceful Gulf outcome

bne IntelliNews October 2, 2019

Tehran backs French plan for talks with US as broadly acceptable. Saudi energy minister described as “friend” by Iranian counterpart. Putin refuses to blame Islamic Republic for oil attacks. Riyadh says it wants regional “security and stability”.

Uzbekistan’s five-year goal to overhaul its energy industry

Daniel Rad in Tashkent October 2, 2019

The relaxation of Uzbekistan's energy industry’s ownership has created a bonanza of redevelopment projects set to be completed in the next five years. These projects including energy generation and a general liberalisation of state ownership

Uzbekistan rapidly opening up but inflation and credit boom represent substantial danger ahead

Ben Aris in Berlin October 1, 2019

Officials have been working hard to remodel the economy under President Mirziyoyev. Progress is good, but this is no walk in the park. Tough tasks, such as battling inflationary pressures, preventing a credit bubble and creating enough jobs, remain.

GULF ON EDGE: Saudi Arabia hit by ratings downgrade as reverberations from oil attacks spread

bne IntelliNews September 30, 2019

In possible sign kingdom is backing off from potential conflict, Iran says third countries have delivered messages from Riyadh.

IRAN STAND-OFF: Sour conclusion to UN Assembly week as Trump denies ever offering to drop sanctions for talks

Will Conroy in Prague September 27, 2019

Relations deteriorate further as Iran's president says United Nations HQ in New York should be moved to a “better country”. Meanwhile, Turkey’s Erdogan returns home saying Ankara will defy Washington by buying oil and gas from Islamic Republic.

Pashinian takes “Velvet Revolution” on the road to L.A.

Eurasianet September 25, 2019

The Armenian PM was enthusiastically received in California in spite of Azerbaijani government attempts to rain on his parade.

Unpacking Azerbaijan’s sovereign wealth record

Eurasianet September 24, 2019

Global energy prices and the scale of Azerbaijan’s energy exports will determine whether the fund can continue growing at such a rapid pace.

PROTESTS IN KAZAKHSTAN: New president faces another outbreak of pro-democracy, anti-China rallies

bne IntelliNews September 23, 2019

Efforts to quell tensions have included a move by Tokayev to sanction certain anti-government gatherings, but almost every week now brings a demonstration the authorities won’t tolerate.

Cutting the cloth in Uzbekistan

Ben Aris in Tashkent September 20, 2019

The Central Asian nation’s new era government is in a rush to transition to an open market oriented economy. Developing the textile industry is a top priority. Meanwhile, the Uzbeks are also seeing a lot of action in oil, gas and real estate.

SAUDI OIL ATTACKS: US reaches the Iran Rubicon

Will Conroy in Prague September 17, 2019

There’s some tough talk about as White House works out how to respond to weekend’s strikes, but hesitancy shown by key officials in both Riyadh and Washington shows the Iranians may have their foes firmly on the back foot.

NEWSBASE: Market reels as Aramco facilities come under fire

Newsbase MEOG September 17, 2019

A major attack on Saudi oil facilities has cut production by 5.7mn bpd, but the full effect will not be felt until existing reserves dry up.