The Ukraine crisis keeps having unintended consequences. The latest is a setback for South Stream, Russia's planned pipeline to bypass Ukraine when exporting gas to Europe. Here are five things to know about the story.
It appears Russian President Vladimir Putin’s imperial ambitions aren’t limited to economics and politics. The master of the Kremlin also wants to advance his agenda via sports, namely with the creation of a new football super league comprising leading teams from Russia and other formerly Soviet republics.
Early this year, Tajikistan’s largest industrial enterprise sent home about a fifth of its workforce and cut wages by 30 percent for the rest. According to its own figures, the state-owned aluminum plant, Talco, lost over $40 million last year and hasn’t turned a profit since 2010.
The Soviet Union built Nurek, the tallest hydropower dam in the world, and Talco, the largest factory in what is now Tajikistan, as part of a single system in the 1970s. Aluminum smelting requires vast amounts of power. The dam and the plant were to help industrialize the distant, subsidy-dependent Soviet republic.
Tajikistan, the poorest country to emerge from the Soviet Union, has one economic asset of note – Talco, an aluminum smelter that, in a good year, pulls in hundreds of millions of dollars. For years, the state-owned company has been notoriously non-transparent.
The leaders of Russia, Kazakhstan, and Belarus signed a potentially game-changing treaty in Astana on May 29, establishing a Eurasian Economic Union (EEU). If the union develops as envisioned, it could transform the geopolitical architecture of the post-Soviet region. But lots of hurdles still need to be cleared for that to happen.
As Armenia prepares to join the Russia-led Customs Union, a surprise decision to erect a statue in the capital Yerevan in honor of the Soviet-era political leader Anastas Mikoian is raising hackles among intellectuals and rights activists.
Russian President Vladimir Putin has consolidated authority to such an extent that any form of mass public protest in Moscow is practically inconceivable these days. However, room for dissent exists in other regions of Russia.
Vladimir Putin’s administration in Russia intends to cover the burgeoning costs of annexing Crimea by raiding taxpayers’ pension contributions, raising utility rates, and canceling major infrastructure-development projects and reallocating funds.