Russia: Central Bank abandons defense of ruble

The ruble’s value plunged once again against other currencies after the Central Bank of Russia returned to a “free-float” on the ruble yesterday. The move was designed to reduce speculative pressure on the currency as it continued to face heavy selling despite a major rate increase last week. The bank did not fully remove itself…

Iran: Inspections blocked, casting doubt on November deal

UN weapons inspectors from the IAEA are continuing to be blocked by the Iranian government from examining their enrichment facilities, where Western politicians believe to be laboratories for compiling fissile materials for a nuclear weapon. With the deadline for the deal to lift sanctions coming once again at the end of November, prospects are not…

Russian media conglomerate expanding into Central Asia

The Russian state-run media conglomerate Rossiya Sevodnya will be opening local bureaus in over 29 world capitals to expand global media presence in a bid to escalate an ongoing “information war” with the West. Details will apparently be released at an event in Moscow next month, but confirmed locations for the new bureaus include Dushanbe,…

Afghan President Visits China to Discuss Trade and Security Cooperation

Afghan President Ashraf Ghani arrived in Beijing yesterday to begin meetings with his Chinese counterpart, Xi Jinping. The recently inaugurated Ghani’s first official trip abroad as Afghanistan’s leading statesman will consist primarily of talks on the future of relations between the two countries. Ghani has made explicit his desire to strengthen relations with Afghanistan’s eastern…

Iran: No “backward steps” on nuclear program acceptable

The new deadline on November 24 for Iran is rapidly approaching, and still large questions about basic elements of the deal are prevalent in the media. Iran has released new statements prohibiting any approval in negotiations on “backward steps,” specifically the enrichment of uranium and number of active centrifuges. The comments were made by Deputy…