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UPCOMING WEBINAR - CAUCASUS AND CENTRAL ASIA: ECONOMIC UPSWINGS AND POL...

Coronavirus rising in Russia
RUSSIA / FSU POLITICS · In Brief · 25 Nov 2020

On November 24 Russia stated that there were 507 coronavirus deaths. That is the highest ever. There were close to 27,000 new infections. The healthcare system is struggling. The death toll is almost 38 000. Many believe that the true figure is much higher. There have been 120 000 more deaths YoY...

Russia prolongs food sanctions
RUSSIA / FSU POLITICS · In Brief · 25 Nov 2020

On November 21 Moscow announced that the counter-sanctions on Western food products will last until at least the end of 2021. This is a Russia's retaliation for the sanctions most NATO nations imposed in 2014.Counter-sanctions have hit some sectors of EU farming. Russian farmers have gained from ...

Ozon shares surge in American IPO
RUSSIA / FSU POLITICS · In Brief · 24 Nov 2020

On November 24 the Russian online retail company's shares leapt by over 33% in just a few minutes trading. This is the hottest Russian IPO in years. The company now has valuation of over USD 7 billion.Ozon is the second biggest online retailer in Russia. It aims to achieve market dominance.The NA...

Georgian ruling party wins election due to opposition boycott
RUSSIA / FSU POLITICS · In Brief · 23 Nov 2020

On November 21 the Georgian Dream Party won the parliamentary election. This was the second round. The first round was in October.Opposition parties demanded that the first round be rerun due to what they said was cheating. Georgian Dream won 48% in that round to 27% for the United National Movem...

Ukraine sanctions Belarus
RUSSIA / FSU POLITICS · In Brief · 23 Nov 2020

On November 20 Kyiv announced sanctions against Belarus. Ukraine did this along with Northern Macedonia and Montenegro. These three countries are striving to be accepted into the EU. Ukraine said the move was due to the violent crackdown against peaceful protesters. The sanctions include asset fr...

Essential CIS Politics: November 2020
RUSSIA / FSU POLITICS · Report · 23 Nov 2020

* A war between Armenia and Azerbaijan ended in a decisive Azeri victory. Russia intervened as a peacekeeper, preventing a total Armenian rout. * The Russian stock market and RUB experienced rosy times in mid-November on good vaccine news, although economic recovery is problematic. * Ru...

US pulls out of Open Skies Treaty with Russia
RUSSIA / FSU POLITICS · In Brief · 22 Nov 2020

On November 22 the US announced that it has left the Open Skies Treaty. The treay has been in effect since 2002. It allowed Russia, the USA and various European countries to send unarmed planes over each others' territory to verify that there was no military buildup.The United States said that Ru...

Russia imposes more sanctions on the UK
RUSSIA / FSU POLITICS · In Brief · 22 Nov 2020

On November 21 Moscow announced it was sanctioning 25 Britons. The names have not been published. London imposed similar sanctions on 25 Russians in June for alleged human rights abuses. The British citizens on the list are forbidden to enter Russia. The British sanctions on Russians included ass...

Golden visa program proposed in Russia
RUSSIA / FSU POLITICS · In Brief · 20 Nov 2020

On November 20 Izvestia newspaper reported that the government intends to start a scheme offering permanent residency for investors. People who put at least USD 130 000 into the economy and hire at least 10 employees will be allowed to settle in the country. Russia has seen its people and money m...

Russia building high speed internet in the Arctic
RUSSIA / FSU POLITICS · In Brief · 19 Nov 2020

On November 17 the government announced that high speed internet is being built to assist ports as well as hydrocarbon companies in the far north. Trans Arctic underwater fiber optic cable will go from Murmansk to Vladivostok. The objective is to set up a digital infrastructure to facilitate comm...

Ozon asking USD 5 billion in share sale
RUSSIA / FSU POLITICS · In Brief · 18 Nov 2020

Ozon is Russia's second biggest online retail company. Its new valuation is one of the most keenly awaited on the Moscow Bourse.Ozon said its price shares in the IPO will be USD 22.5 to 27.5 That is high by analysts' estimates. The IPO is planned to be on the Nasdaq.Ozon could make USD 1 billion ...

Armenia given more time to withdraw
RUSSIA / FSU POLITICS · In Brief · 18 Nov 2020

On November 15 Azerbaijan agreed to give Armenia longer to pull out of the territory that is being handed back to Azerbaijan. Kalbacar is a district that is being returned to Azerbaijan. Armenians there are mostly considered illegal immigrants by Azerbaijan. Russia intervened to request this exte...

Russian GDP fell in Q3
RUSSIA / FSU POLITICS · In Brief · 17 Nov 2020

Russia's economy went down by 3.6% YoY in Q3. That is not as bad as Q2 when it fell 8% YoY.After the first lockdown the Economy Ministry forecast a GDP fall of 3.8% for 2020. That statistic now seems far too rosy.The laxer lockdown in Q3 has mitigated the economic slowdown. Domestic tourism has a...

Sandu wins Moldovan presidency
RUSSIA / FSU POLITICS · In Brief · 16 Nov 2020

On November 16 statistics from the Election Commission showed that Maia Sandu has won the presidential election with 57% of the vote. Her opponent was President Igor Dodon. 99.6% of the votes have been counted. An official announcement of the results will be made on November 20. The Constitutiona...

Major upsurge in Belarus protests
RUSSIA / FSU POLITICS · In Brief · 16 Nov 2020

On November 15 large protests demanded that Lukashenka resign. The scale of the protests surprised the government. It had been assumed that the opposition was running out of steam. Police responded with a heavy hand. Over 1 000 people were arrested. Tear gas and stun grenades were used. The inter...