... country as their patrimonial lands but cannot implement the declared drive toward Europe. The political system is dominated by oligarchs and crime, with the lead role played by Vlad Plakhotnyuk, a leader of the Democratic Party of Moldova.
Moldovan Economy: the Emerging Crisis and the Robbery of the Century
moldova24.info
Премьер-министр Молдовы
Валерий Стрелец.
Formed in February 2015, the government of Kirill Gaburich has been the weakest even by Moldova standards....
Islamic finance, an area of banking in the Middle East and Southeast Asia that offers Sharia-compliant products, is going through a major growth period right now. Islamic banking offers services and products that must comply with a set of rules where no interest is permissible and where all deals must comply with Sharia law. Some of the no-interest products include sukuk (Islamic bonds) as well as musharaka (where the lender and customer own an asset together) and murabaha (where the lender buys...
...
The crisis hit its peak when the Shanghai, Shenzhen and other major Chinese stock exchanges suffered a correction after they had enjoyed a 150 per cent growth in their capitalization over the previous 12 months.
At a time in 2014 when the Chinese economy was growing at its slowest rate for 25 years, security prices on Chinese exchanges surged –
the result of speculation and the reluctance of regulators to restrict market access for certain parties. And the correction was a big one: in July ...
... Russia-related policies of the United States and the European Union, meaning that any punitive measures, such as sanctions, remaining in place would be much more coordinated. If U.S. LNG and oil were to go to Europe, Russia would have trouble diversifying its economy due to reduced export revenues.
According to both U.S. and European experts, the TTIP may be signed while Obama is in office, i.e. before 2017. Currently, the sides are holding their tenth round of negotiations in Brussels, with modest expectations ...
At the 7
th
BRICS Summit held on July 8-9, 2015 in the Russian city of Ufa, the leaders of the BRICS member states came together and signed several joint agreements including the ‘Ufa Declaration’, the ‘Ufa Action Plan’, the ‘Strategy for BRICS Economic Partnership’ and the ‘Memorandum of Understanding (MOU) on the Creation of the Joint BRICS Website’. The Summit is mostly overlooked in mainstream media such as the BBC and CNN, due to the European and...
... few days ago the European Union has confirmed that the economic sanctions against the Russian Federation were extended for another year, or specifically up to 19th January 2016. Despite attempts to minimize the perceived impact of this policy on the economy of the EU in the eyes of the public opinion, the price being paid to pursue this power politics agenda is none else but a hefty one. In this article I will focus on the actual catastrophic consequences of the sanctions on Italy, the reason of ...
... 1990-s managed to avoid the mistake a lot of western states made. Berlin sustained its productivity and continues with its industrial dynamic. It was rational to take advantage of the European Economic Union and to boost its exports. Greece’s economy is depended on tourism and agriculture. The economic rationality drives us to the following idea: Germany, France and the other eurozone states insist on the concept that Greece should pay back the massive loans that it took. After that, Greece ...
... on average $700 million per year. It is estimated that
at least 3 bcm of gas produced by Naftogaz
and its subsidiaries do not reach intended customers in the residential/heating sector.
REUTERS/Valentyn Ogirenko/Pixstream
Anna Tsybulina:
Ukraine's Economy: Where from and Where to?
Mismanagement in the state-owned company is combined with the over-taxation of the private (‘independent’) gas producers. Ukraine’s 'independents' are an important domestic source of natural gas supplies....
Working Paper 20/2015
This Working Paper was prepared as part of a research project concerning the development of strategic partnership and constructive cooperation between Russia and China carried out by the Russian International Affairs Council (RIAC).
The authors present the results of a comprehensive review of Russian–Chinese trade, economic, financial and cross-border relations, analyse the impact of strengthening bilateral cooperation between the Russian Federation and the People’s Republic...
... 2013
[6]
.
The share of goods exported to Russia in 2013 accounted for 8.3% of Ukraine’s GDP, whereas that to the EU – only 0.8% of GDP.
The Luhansk and Donetsk regions, also known as Donbass, are much more important for Ukraine’s economy. In 2012 the Donetsk region had the highest per capita GDP, €20,700, while the corresponding figure for Luhansk varied from €6,500 to €9,500
[7]
. Donbass’ share in Ukraine's GDP was 16% in 2013; the Donetsk region, with ...
