Category: Economy & Business

Putin appoints economist as defense minister as Russia plans for long war

Vladimir Putin has appointed technocrat economist Andrei Belousov as Russia’s new defense minister in a shake-up that underlines his determination to wage a long war of attrition against Ukraine. The relatively unknown Belousov replaces long-serving Sergei Shoigu, who will now take up a new post as Secretary of Russia’s National Security Council. Shoigu had led

Gender parity in MENA diplomacy and its impact on achieving peace

On Thursday, April 25, the Atlantic Council’s WIn Fellowship hosted a panel discussion on the vital role Arab women ambassadors play in shaping the field of diplomacy, both in the Middle East and North Africa (MENA) region, and globally. The conversation was moderated by Lynn Monzer, Deputy Director of the Atlantic Council’s WIn Fellowship and

Grassroots diplomacy can help unlock international support for Ukraine

Amid growing uncertainty over the future of international aid for Ukraine, diplomatic initiatives at the local and regional levels can play a critical role in securing continued public support around the world for Ukraine’s struggle against Russian aggression. These grassroots efforts, also known as subnational diplomacy, can go far beyond merely symbolic support, and have

Ukrainian nuclear energy can fuel country’s recovery and power Europe

Even while recent Russian attacks on energy infrastructure have once again thrust Ukraine’s besieged energy sector into the headlines, the country’s energy potential remains undiminished. Ukraine’s competitive advantage in clean power including wind, solar, and especially nuclear, is extraordinary. This capacity can play a leading role in funding the country’s reconstruction and could also help

Dispatch from Kyiv: Ukraine is fighting for its economic survival, too

Imagine a country exporting nearly 90 percent of the wheat and corn it did before losing control of a sixth of its territory. Consider facing daily air raids targeting vital infrastructure while still keeping the lights on and the internet running. These are some of the many impressive achievements of the Ukrainian economy in the

Turkey and Egypt bury the hatchet, marking an end to emerging third axis in the Middle East

President Recep Tayyip Erdogan’s visit to Egypt on February 14 marked a milestone in diplomatic relations between two countries that fell grievously afoul of each other during a rare period of political and ideological divergence that lasted almost a decade. The carefully choreographed and worded meeting between Erdogan and his Egyptian counterpart, President Abdel-Fattah el-Sisi, also

Gulf region markets offer huge growth potential for Ukraine’s IT sector

Ukraine’s IT industry was the only sector of the country’s economy to grow during the first year of Russia’s full-scale invasion in 2022. Despite the unprecedented shocks of the Russian invasion, Ukrainian IT exports reached a record $7 billion by the end of the year, while local startups continued to attract investors. However, preliminary data

Garlauskas, Webster, and Verges quoted in the Diplomat on China’s aid to Russia

ORIGINAL SOURCE On February 24, a New Atlanticist article by Markus Garlauskas, GEC senior fellow Joseph Webster, and Emma Verges, titled, “China’s support for Russia has been hindering Ukraine’s counteroffensive,” was quoted in a Diplomat piece on China’s economic and material support to Russia’s war effort in Ukraine. Staff Markus Garlauskas Director Indo-Pacific Security Initiative

Making Russia pay for the invasion of Ukraine

As Russia’s full-scale invasion of Ukraine enters its third year, the costs of the conflict continue to rise. The war unleashed by Vladimir Putin on February 24, 2022, has led to hundreds of thousands of deaths and forced more than ten million Ukrainians to flee their homes. Dozens of towns and cities have been reduced