Russia

Tensions between Germany and Russia?

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<p>Not so far away Germany and Russia, seemed like close bodies, signing contracts, making smaller EU nations to feel betrayed. Nord Stream project some even called a new Molotov - Ribbentrop pact, dividing Europe again.</p><p>Lately Germany, had took closer look at European Eastern Partnership, by trying to get Ukraine in. Germany's chancellor Angela Merkel personally is taking actions to make this happen.</p><p>And now - president of Germany, guy named…


Minimum Wages in the Former Soviet Union: A Look at 2013

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The former Soviet Union was a vast region that encompassed a number of countries with distinct cultures, economies, and political systems. In 2013, the region was still recovering from the economic and political upheavals of the previous decades, and minimum wages varied widely across the countries that made up the former Soviet Union. Previously I have already measured and compared minimum wages in Baltic states, Caucasus and Central Asia. All of these once were a part of the Soviet Union.…


10 largest countries by military expenditures 2012

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In a world shaped by geopolitical dynamics, military spending plays a pivotal role in defining a nation's strategic capabilities. Let's delve into the realm of defense budgets and unveil the top 10 countries that invest significantly in their military apparatus.1. The World's Top 10 Richest Countries by Military Expenditures:United States: $682.478 billionChina: $166.107 billionRussia: $90.749 billionUnited Kingdom: $61.007 billionJapan: $59.267 billionFrance: $58.943 billionSaudi Arabia: $56.…


Future Forecast of GDP in CIS, Baltic States, and Georgia in 2018 - An Analysis

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I recently wrote an article exploring the Gross Domestic Product (GDP) of the Commonwealth of Independent States (CIS), Baltic states, and Georgia in 2012. Now, I'm turning my gaze to the future and examining what the economies of the former Soviet Union republics may look like in 2018. Why 2018? I'm relying on IMF forecasts, and as of now, the closest future projections available from the IMF extend until 2018. As per the data provided by the IMF, in 2018, the largest economy in the CIS,…


The Aftermath of the Soviet Union: Exploring the Economies of the CIS, Baltic States, and Georgia (2012)

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The collapse of the Soviet Union in 1991 marked the end of a massive political and economic entity, leading to the creation of several independent states. The Commonwealth of Independent States (CIS), Baltic states, and Georgia are some of the countries that emerged from the Soviet Union's ashes. But what happened to these countries after the collapse and what has become of their economies in the present day? First, let's take a look at the economy of the former Soviet Union countries as a…


Putin, Russia and the West: "New Start"

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<p>Found this documentary on YouTube, and watched in Saturday evening.&nbsp;</p><p>In this documentary is showed time when Dmitry Medvedev was president of Russia, and how Barack Obama decided to deal exactly with him, and not with Vladimir Putin.&nbsp;</p><p>In this documentary Dmitry Medvedev is portrayed as wise and independent leader, how he started reforms in Russia. As well it's showed how USA negotiated with Russia concerning Iran Nuclear…


The Boycott Debate: Should Georgia Participate in the Sochi 2014 Winter Olympics?

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In Georgia, the question of whether or not to boycott the 2014 Winter Olympics in Sochi is a hot topic. Some are calling for a boycott in response to the Russia-Georgia war of 2008 and Russia's recognition of Abkhazia and South Ossetia as independent states. Others argue that it is important to normalize relationships with Russia. Recently, Georgian students staged protests in seven cities, calling for Georgia's participation in the Sochi games. The Prime Minister of Georgia, Bidzina…


Top 20 Largest Economies in the World by GDP Nominal

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The global economy is a complex and dynamic system that is constantly changing. In order to get a better understanding of the world's top economies, it is important to take a look at the latest data and trends. In this article, we will explore the top 20 largest economies in the world by GDP nominal in 2019 and analyze the GDP per capita in the top 10 largest countries by GDP. According to the World Bank, the top 20 largest economies in the world by GDP nominal in 2019 are as follows: United…


The State of Ukraine's Economy: A Look Since the Collapse of the Soviet Union

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Ukraine, a country once considered as an integral part of the Soviet Union, has had a checkered economic history since its independence. Despite being one of the largest economies in Eastern Europe, Ukraine's GDP per capita has always lagged behind Russia, which has been three-four times better in terms of GDP terms per capita. The recent announcement by the World Bank that the forecast for Ukraine's GDP has been cut down to zero this year (2013) has only added to the country's economic woes…