Georgian Prime Minister Irakli Garibashvili resigns

Georgian Prime Minister resigned on Wednesday after two years in the office, just a year before an upcoming parliamentary election. In a televised address to the nation, Irakli Garibashvili gave no specific reason for the decision, saying the prime minister’s position was never an end in itself, but an opportunity to serve the country and…

Ukraine to suspend trade with Crimea

In accordance with the government meeting’s decision, Ukraine will suspend trade with Crimea within 30 days. As the Prime Minister Arseny Yatseniuk said the suspension will include goods, work and services to and from Crimea with the exception of personal items, socially important foods and humanitarian aid. However, the electricity issue is considered as separate,…

EU plans to extend sanctions on Russia

An EU official told RFE/RL that the EU plans to extend sanctions against Russia when EU ambassadors gather for a meeting slated to take place on December 21. The sanctions to be officially extended until July 31, 2016 target Russia’s financial, oil and military sectors as well as specific individuals. A December 14 meeting of…

Exploring the Kazakh Economy: An Interview with Sabit Khakimzhanov

Earlier this year we had the opportunity to speak to Dr. Sabit Khakimzhanov,  the head of research at Halyk Finance, a leading Kazakh investment bank focused on Central Asia. Khakimzhanov is an authority on the Kazakh economy and investment climate, and has written and spoken widely on Kazakh monetary policy. Dr. Khakimzhanov has a Ph.D. in Applied Economics from…