Economics and Business Articles

Local fishermen try to catch fish in front of Russian Navy ships in Sevastopol, Crimea, Oct. 27, 2014 (AP photo by Alexander Zemlianichenko).

Crimean Annexation Offers Russia New Opportunities for Graft

By David Klion
, , Trend Lines

The Kremlin is offering a $3 billion contract to the Russian oligarch Arkady Rotenberg, a friend of President Vladimir Putin, to build a bridge connecting Crimea to the Russian mainland. This is just the latest example of how Russia’s annexation of Crimea last year is being used to facilitate corruption. more


Special Report

Back in Business: Modi’s Fresh Start for India

By The Editors
, , Report

When Indian Prime Minister Narendra Modi and the BJP decisively won last year’s elections, many were worried about the potential for interreligious tensions. But so far, Modi has allayed those concerns while bringing a new dynamism to India’s foreign policy, as the articles in this report make clear. more

Global Insider

With Currency Swap, Argentina Becomes Dependent on China

By The Editors
, , Trend Lines

Earlier this month, Argentina received the fourth installment of an $11 billion currency swap agreement with China. In an email interview, Eduardo Daniel Oviedo, professor of political science at the National University of Rosario in Argentina, discussed Argentina’s relations with China. more

The Realist Prism

India Visit Successful, but Will Obama Follow Through?

By Nikolas Gvosdev
, , Column

U.S. President Barack Obama’s just-concluded trip to New Delhi and his meetings with Indian Prime Minister Narendra Modi showed that both leaders are interested in getting the relationship right. The question is whether Obama will now be able to turn a successful visit into sustained engagement. more

Global Insider

Missing From Latin America’s Green Energy Policies: Cooperation

By The Editors
, , Trend Lines

Leaders from across the Caribbean are meeting in Washington this week for the first-ever Caribbean Energy Summit, hosted by U.S. Vice President Joe Biden. In an email interview, Johanna Mendelson Forman, founder of the Latin American and Caribbean Council on Renewable Energy, discussed renewable energy in Latin America. more

Migrant Workers in Russia Hit by Ruble Collapse, Xenophobia

By David Klion
, , Trend Lines

Russia is not the only country affected by the ruble’s collapse. Under President Vladimir Putin, it has been one of the world’s leading destinations for immigrants, many of whom send remittances home to Central Asia and the Caucasus. The projected cost to these economies in 2015 could be as high as $10 billion. more

Global Insider

Japan-Pakistan Ties Hold Steady as China Rises

By The Editors
, , Trend Lines

Pakistani Finance Minister Mohammad Ishaq Dar was in Japan last week for talks with his Japanese counterpart, Taro Aso, on trade and economic cooperation. In an email interview, Ahmad Rashid Malik, a senior research fellow at the Institute of Strategic Studies in Islamabad, discussed Pakistan-Japan relations. more

Prisoners of Oslo: Palestine After the Peace Process

By George Hale
, , Feature

Two decades after the Oslo Accords, nationhood seems more distant than ever for the Palestinians who returned to the West Bank hoping to build a new state. Reporting from Bethlehem, George Hale assesses the bleak mood of post-Oslo Palestine, where no peace with Israel is in sight. more

Global Insider

Ahead of Israel Visit, Japan’s Abe Looks to Expand Ties

By The Editors
, , Trend Lines

Earlier this month, Israel approved a plan to strengthen trade ties and boost security cooperation with Japan. In an email interview, Ben-Ami Shillony, a professor emeritus in East Asian studies at the Hebrew University of Jerusalem, discussed Israel-Japan relations. more

The Realist Prism

For Obama, It’s Now or Never to Define His Legacy

By Nikolas Gvosdev
, , Column

As he returns from his holiday and prepares for his last two years in office, U.S. President Barack Obama must look for signature “legacy” issues that will help to define his administration, while also assessing which questions can be delayed or postponed for the next president to deal with. more