Crisis Adds to Ukraine’s Economic Woes
Amid the looming threat of invasion, structural problems in the country’s economy need close attention.
Amid the looming threat of invasion, structural problems in the country’s economy need close attention.
In Nur-Sultan, glitzy shopping malls and swanky hotels mirror Kazakstan's vast natural resources. In the outskirts, villages with no running water and basic services tell a different story of poverty and inequality.
Vast natural resources have made a select few rich while millions of Kazaks struggle to make ends meet.
State blames increasing cost on global market, while analysts see exploitation and corruption at fault.
Analysts fear that Russia may become the country’s only possible electricity supplier.
Experts deem political pressure to have paid off in energy negotiations.
Once a key economic driver, the sector has been hard hit by Covid-19 and political turbulence.
Kyiv experiencing breakthrough in relations with Beijing amidst deteriorating connections with international financial institutions.
Despite options for negotiating a possible compromise deal, Kyiv remains resolute in its opposition to the pipeline.
Officials argue that that political and security issues trump any economic consequences.