Economics

January 07, 2025 23:58

• Analysts rule out revision of Baku-Moscow relations because of plane crash

  The toughening of Azerbaijan's of rhetoric towards Russia will not entail any fundamental changes in bilateral relations. At the same time, Moscow has no chances to put pressure on Azerbaijan and force it to abandon its demands in connection with the air crash; and Aliev is using the disaster to demonstrate the independence of his foreign policy.

January 02, 2025 20:15

• Energy crisis named as reason for Georgia to improve relations with Abkhazia

  Georgian authorities should help Abkhazia in solving its energy problems; this opens up opportunities for strengthening trust and restoring relations, Georgian analysts believe.

November 14, 2024 22:45

• Claims from tax authorities draw attention to charitable fund of Khabib, UFC champion from Dagestan

  Khabib Nurmagomedov, the ambassador of the "Tooba" charity crowd-funding application, was publicly supporting the Makhachkala football club. However, no information about any assistance to mountain villages, low-income people, or children's clubs appeared in the public space.

July 24, 2024 22:10

• Kadyrov instructs State Duma member Delimkhanov to protect “Wildberries” Company

  The leader of Chechnya promised Vladislav Bakalchuk, a husband of the richest woman in Russia, that he would not let the Bakalchuk family be destroyed and would “go to the end” to stop the raider takeover of the “Wildberries” Company. Ramzan Kadyrov announced that he had given instructions on the case to Russian State Duma member Adam Delimkhanov.

June 27, 2024 21:42

• Analysts: European sanctions seem to be formality for Kadyrov Foundation

  Fundraising for the Akhmat Kadyrov Foundation is carried out mainly in Russia and mainly in cash, so sanctions imposed by the European Union (EU) are not able to significantly affect the activities of the Akhmat Kadyrov Foundation, analysts note.

June 25, 2024 18:51

• Kadyrov Fund and mother of Chechen leader get under EU sanctions

  The European Union (EU) has included Aimani Kadyrova, the mother of the head of Chechnya, and the Kadyrov Fund into the sanctions list. Ramzan Kadyrov said that the sanctions only confirm his mother's merits.

June 14, 2024 19:56

• Economist Zubarevich assesses potential of investment projects in Northern Caucasus

  The agreements on the creation of a “Wildberries” logistics hub in North Ossetia and a plant for the production of polymer pipes in Budyonnovsk look like the most realistic of all the investment projects for Northern Caucasus concluded at the Saint Petersburg Economic Forum, economist Natalia Zubarevich suggests.

March 02, 2024 17:10

• Analysts assess impact of Western sanctions on heads of Caucasian regions

  The sanctions imposed by Western countries on the regional heads of Northern Caucasus are of a political nature; they have no real economic impact on them, since their interests are concentrated in the Middle East, analysts believe.

January 07, 2024 18:38

• Kadyrov offers to release Ukrainian POWs in exchange for lifting sanctions

  The head of Chechnya has stated that he is ready to release 20 Ukrainian prisoners of war (POWs) if the sanctions introduced against his relatives, as well as his horses and aircrafts, are lifted.

December 09, 2023 23:57

• Caucasus experts treat the cost of undertaking Hajj as unaffordable

  This year, the cost of making a Hajj trip starts at USD 4900. According to Caucasus experts, this cost is unaffordable for most residents; they will have to rely on sponsors who could pay for their trip.

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