Iran, China to Increase Commercial, Political Ties

Iranian and Chinese diplomats recently convened in Beijing to discuss increased cooperation across a number of political and economic sectors in the coming years. With the removal of sanctions looming, Iranian Foreign Minister Javad Zarif noted that the country would like to play host to a growing number of Chinese firms and attract Chinese investment…

Opposition to Iran Deal Blocked

Democrats in the US Senate blocked a Republican effort to derail the nuclear deal yesterday. By doing so,  the Democrats have essentially ensured that the recently signed nuclear accord will take effect and that President Obama will not have to veto efforts to stop it. The deal has naturally been a prominent issue since it…

Turkmenistan scraps free utilities policy

Turkmenistan has long been known for its rich energy reserves and as a result, has maintained the popularity of its various despotic regimes by providing free public utilities to its citizenry. The government announced today that it will scrap the free provision of electricity, household gas, and water as the economy shows signs of reduced…

Russia Expected to Reduce Budget Planning Period to One Year

The Financial Times profiles a recent proposal made by Russian Prime Minister Dmitry Medvedev to formulate yearly budgets every year as opposed to the traditional three years. The government’s official reasoning is that fluctuating oil prices make economic planning difficult. The real reason, according to the FT is that Russia is concerned about a looming…

Russia rejects deal with OPEC, maintains maximum oil output

Russia has rejected a deal with OPEC to curb oil outputs, even after prices hit their new lows last week – Deputy Prime Minister Dvorachek and Rosneft CEO Igor Sechin said. Speculation that some kind of deal would occur has caused oil futures to rise somewhat on the hope. Apparently OPEC proposed that Russia become…

Tajikistan: Hunt for Nazarzoda Ongoing

Efforts to capture former Tajik Deputy Defense Minister Abduhalim Nazarzoda are ongoing after clashes on the outskirts of Dushanbe led to 22 deaths late last week. Reports of the Tajik effort to capture or kill Nazazoda indicate that the operation is focused on the Romit Gorge, about 150 kilometers to the east of Dushanbe. Nazarzoda…

Tajikistan: Bomb blast causes US embassy to close

Some eight policemen and two assailants have been killed in separate attacks around Dushanbe today, in what is being described as a terrorist attack. This has prompted the US Embassy to close and has sparked fears that this is the beginning of larger scale civil unrest. President Emmomali Rahmon responded to the crisis by abruptly…

Iran Anticipates Arrival of Western Firms

The Financial Times has an interesting piece on the perceptions of US and other Western companies among the Iranian populace. The article asserts that Iran’s roughly 80 million consumers are eager to see sanctions removed and for US firms to begin operations in the country. They also expressed interest in the arrival of German and…

Russia: EU to extend sanctions until March 15

The European Union noted that it will be rolling over the sanctions on some 200 Russian and Ukrainian separatist individuals to maintain pressure on Moscow for the full implementation of the Minsk II Accords of February 2015 by the end of the year. The decision will apparently be signed on during a meeting in mid-September,…