The price faced by Russia for aggression must be too high for the Kremlin to countenance, and this is the message that Biden should deliver to Putin – and act upon.
Georgia's Producer Price Index (PPI) for industrial products in April rose by 3.2% m/m and 17.5% y/y, reaching the steepest annual rate seen in a decade.
The number of formally employed Georgians decreased by 12.2% y/y in Q1 to 782,000, implying that around 108,000 jobs were wiped out by the coronavirus-driven crisis.
bne IntelliNews has introduced a new index, the bne Car Ownership/Age index (bneCOR), that cuts through the contradictions and paints a much clearer picture of just how far the middle class has come in each country.
The project threatens the delicate regional military balance.
Since the collapse of the Soviet Union inflation been falling and dropped to post-Soviet lows in the last two years. Now it’s back. The countries of Eastern Europe, Central Asia and the Caucasus are worst affected
The foreign ministry in Sofia urged Moscow to cooperate with the Bulgarian prosecution's investigation into the explosions and the poisoning of Bulgarian arms dealer Emilian Gebrev.
Way paved for release of opposition leader and electoral and judicial reforms.
Trend towards bigger deals and more fund investment continues, as deal value rises by half to give best Q1 since 2013.
Iran stands to be one of the winners of the new regional transportation map.
A third wave of the coronavirus pandemic is sweeping through Emerging Europe. While Russia is expecting to reach herd immunity in the next two months, most other countries of the region have only just started their mass immunisation programmes.
Capital markets take war, the pandemic and political unrest in stride. The second in a two-part series.
With economies primed to rebound as pandemic restrictions are loosened, consumer prices could rise even further, reawakening an issue that has long been ignored.