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IMF projects another bad year for Central Asian economies

  Catherine Putz SPECIAL TO EMIRATES BUSINESS The International Monetary Fund released its world economic outlook recently, and the news isn’t good for Central Asia. According to the IMF, recovery will be put off until at least 2017, for reasons frequent readers will find familiar: the Russian recession and low oil prices. “The economic outlook for the Commonwealth of Independent ...

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G-20 gives empty warning on global economy

  The communique issued by the Group of 20 finance ministers and central bankers at the conclusion of talks in Washington this weekend had a somewhat unreal, and worryingly ironic, tone. Noting that global growth “remains modest and uneven,” the G-20 warned the large advanced economies against continuing their prolonged, excessive reliance on unconventional monetary policy to power growth. Yet ...

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potential of Japan-Ukraine ties

  In June 2015, Shinzo Abe became the first Japanese prime minister to visit Ukraine since its independence in 1991. Many observers hoped his visit was a turning point lifting Ukraine-Japan relations to a higher level. Upon Japan’s invitation, the president of Ukraine, Petro Poroshenko, paid a reciprocal visit to Japan from April 5 to 7 this year. During his ...

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