Central Asia

Daily Memo: Convenient Technical Issues in Russian Gas Deliveries, ECB Goes to Plan B

Throttled supplies. Russia’s Gazprom said on Tuesday that it had to reduce natural gas supplies to Europe via a Baltic Sea pipeline by about 40 percent because of technical issues. Gazprom said Siemens had not yet returned a gas compressor unit that was undergoing repairs, but Germany’s economy minister said the move was a ā€œpolitical […]

Daily Memo: France’s War Economy, Germany’s Record Inflation

War economy. French President Emmanuel Macron said he would ask his defense minister and chief of defense staff to reassess the Military Programming Law,...

Daily Memo: Trade War Warnings, Competition in South Asia

Trade war preparations. The European Union will decide on Wednesday whether to restart legal proceedings against the United Kingdom for breaches of the Brexit...

Daily Memo: New Disruptions to Chip and Gas Supplies

Trucker strike. Approximately 1,000 South Korean truckers, angry about rising fuel costs, launched a strike in front of Hyundai Motors’ largest factory complex in...

Daily Memo: New Syria Deployments, Putin-Raisi Talks

Reinforcements. According to the U.K.-based Syrian Observatory for Human Rights, Russia sent personnel carriers, armored vehicles, medium and heavy weapons, and anti-aircraft missiles to...

Daily Memo: Grain Shipments Still Blocked, Chinese-US Defense Talks

No resolution. Negotiations between Russia and Turkey to unlock Ukrainian grain exports through the Black Sea ended without a breakthrough. The secretary of Ukraine’s...

Daily Memo: Germany Approves New Military Spending, Lavrov Cancels Trip to Serbia

New military spending. Germany’s parliament approved a constitutional amendment that will unlock 100 billion euros ($107 billion) in military spending for the country. Approximately...

The Global Economy Rebounds, Stumbles Again

(click to enlarge) Economic data for the past two years – that is, the majority of the COVID-19 pandemic – has finally been processed and...

Daily Memo: Beijing Searches for Ways to Help Moscow

Chinese support. Chinese President Xi Jinping has instructed his closest advisers to propose ways to help Russia financially without conflicting with the sanctions imposed...

Daily Memo: More Military Hardware to Ukraine

More hardware to Ukraine. The United States will provide a new $700 million aid package to Kyiv that will include HIMARS multiple launch rocket...

Daily Memo: Europe Bans Russian Oil

Russian oil ban. The European Union has reached an agreement to ban some 75 percent of Russian oil imports. The decision is the first...

Daily Memo: Chinese Industrial Profits Fall, Russia’s Promising Grain Harvest

Downturn. Profits at China’s industrial corporations fell in April by 8.5 percent compared with the same period last year, the sharpest decline in two...

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