Goldman Sachs said it expected global real gross domestic product to contract by about 1% in 2020, a sharper economic decline than in the year following the 2008 global financial crisis.

• March 23, 2020

By Benyamin Poghosyan, PhD, Chairman, Center for Political and Economic Strategic Studies

Two key topics concerning Georgia dominated the attention of the international media and expert community interested in the South Caucasus in past week. One was the outbreak of the novel Coronavirus and the growing number of cases identified in Georgia; the second issue was connected with domestic politics.[…] However, from regional perspective the key event of the past week was the official visit of Armenian Prime Minister Nikol Pashinyan to Georgia on March 3 - 4. READ MORE

• March 17, 2020

ussia said it cannot guarantee the safety of Turkish aircraft over Syria, after Turkey shot down two Syrian war planes and struck a military airport, the latest clashes that have brought Moscow and Ankara closer than ever to direct confrontation.

• March 2, 2020

Russia killed civilians in air strikes in Syria last year while rebels allied to Turkey carried out murder and pillage in Kurdish areas, U.N. investigators said on Monday - actions it said could amount to war crimes by both Moscow and Ankara.

• March 2, 2020

Russia is evaluating an earlier and smaller oil production cut proposal made by OPEC and its allies, energy minister Alexander Novak said, adding it had not received one for deeper cuts.

• March 2, 2020

By Benyamin Poghosyan, PhD, Chairman, Center for Political and Economic Strategic Studies

On February 21, 2020 Iranians went to polling stations to elect their new parliament. Despite all the statements of Iran's leadership, including of the Supreme Leader Khamenei, of the importance of a high turnout, only 42 percent of registered voters casted their ballots, the lowest figure since the 1979 Islamic Revolution. Many inside and outside Iran saw this low turnout as a tacit protest of a large part of the electorate against the Guardian Council's decision to cancel the registration of many moderate and reformist candidates. Supreme Leader blamed the low turnout on the "negative propaganda" about the new coronavirus by Iran's enemies. READ MORE

• March 2, 2020

Russia’s state gas company Gazprom has opened accounts at U.S. bank JP Morgan’s Russian branch, Interfax news agency said on Friday.

• February 24, 2020

By Benyamin Poghosyan, PhD, Chairman, Center for Political and Economic Strategic Studies

On February 9, 2020 early parliamentary elections were held in Azerbaijan. According to preliminary results the ruling "New Azerbaijan" party has won a clear majority, while, some representatives of opposition, such as Erkin Gadirli from REAL, have entered the Parliament. However, the main speculation around the elections was not the name of the winner; few if any had expectations that ruling party may lose the elections, or that the process will be in full compliance with liberal democracy requirements. The key question is on the implications of these elections for the domestic balance of power in Azerbaijan, and the future development of the country. READ MORE

• February 17, 2020