Opinion: The central bank can't solve Russia's economic crisis in
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Opinion: The central bank can't solve Russia's economic crisis in the face of war and sanctions

Almost three years after Russia launched its full-scale invasion of Ukraine, the West’s financial sanctions have finally started to bite, triggering fierce infighting within the Kremlin over control of Russia’s central bank. Russia’s business community has remained largely silent over the past two years, even as Western sanctions triggered a surge in real interest rates. […]
Opinion: Money-laundering watchdog FATF needs to blacklist Russia
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Opinion: Money-laundering watchdog FATF needs to blacklist Russia

The Financial Action Task Force (FATF) meets tomorrow, Oct. 22, and is expected to once again debate Russia’s blacklisting. That Russia, a clear state sponsor of terrorism, hasn’t been ousted from an intergovernmental body that sets global standards to combat terrorist financing, money laundering, and related financial crimes, is incredible. It’s remarkable that Russia isn’t […]
Opinion: With soaring interest rates and stagflation risks, Russia will
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Opinion: With soaring interest rates and stagflation risks, Russia will face deep economic crisis regardless of war’s outcome

The recent hike in Russia’s key interest rate to 21% by the Central Bank in late October has stirred renewed debate among media and economists about the Russian economy’s outlook and how economic trends could influence Kremlin policies. Today, few predict an "imminent collapse" of the Russian economy. However, signs of deteriorating trends and economic […]
Opinion: Georgescu’s rise exposes the fragility of Romania’s pro-European consensus
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Opinion: Georgescu’s rise exposes the fragility of Romania’s pro-European consensus

The meteoric rise of hardcore nationalist Călin Georgescu in Romania’s first-round presidential election over the weekend is nothing short of remarkable. Georgescu surged from just a few percentage points in polls weeks before the vote to claim over 23% of the electorate, defeating candidates from the country’s two most established parties. Romanian Prime Minister Marcel […]
Opinion: Rigged elections have stolen Georgia's European future
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Opinion: Rigged elections have stolen Georgia's European future

In Georgia’s 2012 election, then-President Mikheil Saakashvili’s pro-Western party was defeated by Georgian Dream, a party led by the Russian-backed oligarch Bidzina Ivanishvili. Though widely hailed at the time as a democratic triumph, astute observers warned against celebrating. One such observer was Georgia’s former economy minister, the late Kakha Bendukidze, a businessman and philanthropist who […]