Economics

June 03, 2025 18:35

• Analysts assess prospects for switching to new self-government model for regions of Southern Russia

  The switch to a single-level model of self-government is unfit for the republics of Northern Caucasus, as it breaks the established political alignments. However, even in the event of a transition to a new model, the negative effect for the republics of Southern Russia will be less than for other regions.

June 01, 2025 17:31

• Due to fuel oil spill, Anapa loses about half of its tourists

  Amid the huge spill of fuel oil (mazut) in the Black Sea, the hotel occupancy rate in the Russian city of Anapa has decreased by 50% compared to the same last year’s period. Some hotels are in dire straits because they cannot return money to tourists for cancelled bookings, said a source from the Association of Tour Operators of Russia (ATOR).

May 20, 2025 18:51

• Ancient bridge collapse in Kunki exposes traffic safety problems

  The ancient bridge, which has collapsed without waiting for repairs, in the Dagestani village of Kunki is now closed to traffic, but walking on it is also dangerous, although local residents have no alternative option for moving.

January 07, 2025 23:58

• Analysts rule out revision of Baku-Moscow relations because of plane crash

  The toughening of Azerbaijan's of rhetoric towards Russia will not entail any fundamental changes in bilateral relations. At the same time, Moscow has no chances to put pressure on Azerbaijan and force it to abandon its demands in connection with the air crash; and Aliev is using the disaster to demonstrate the independence of his foreign policy.

January 02, 2025 20:15

• Energy crisis named as reason for Georgia to improve relations with Abkhazia

  Georgian authorities should help Abkhazia in solving its energy problems; this opens up opportunities for strengthening trust and restoring relations, Georgian analysts believe.

November 14, 2024 22:45

• Claims from tax authorities draw attention to charitable fund of Khabib, UFC champion from Dagestan

  Khabib Nurmagomedov, the ambassador of the "Tooba" charity crowd-funding application, was publicly supporting the Makhachkala football club. However, no information about any assistance to mountain villages, low-income people, or children's clubs appeared in the public space.

July 24, 2024 22:10

• Kadyrov instructs State Duma member Delimkhanov to protect “Wildberries” Company

  The leader of Chechnya promised Vladislav Bakalchuk, a husband of the richest woman in Russia, that he would not let the Bakalchuk family be destroyed and would “go to the end” to stop the raider takeover of the “Wildberries” Company. Ramzan Kadyrov announced that he had given instructions on the case to Russian State Duma member Adam Delimkhanov.

June 27, 2024 21:42

• Analysts: European sanctions seem to be formality for Kadyrov Foundation

  Fundraising for the Akhmat Kadyrov Foundation is carried out mainly in Russia and mainly in cash, so sanctions imposed by the European Union (EU) are not able to significantly affect the activities of the Akhmat Kadyrov Foundation, analysts note.

June 25, 2024 18:51

• Kadyrov Fund and mother of Chechen leader get under EU sanctions

  The European Union (EU) has included Aimani Kadyrova, the mother of the head of Chechnya, and the Kadyrov Fund into the sanctions list. Ramzan Kadyrov said that the sanctions only confirm his mother's merits.

June 14, 2024 19:56

• Economist Zubarevich assesses potential of investment projects in Northern Caucasus

  The agreements on the creation of a “Wildberries” logistics hub in North Ossetia and a plant for the production of polymer pipes in Budyonnovsk look like the most realistic of all the investment projects for Northern Caucasus concluded at the Saint Petersburg Economic Forum, economist Natalia Zubarevich suggests.

March 02, 2024 17:10

• Analysts assess impact of Western sanctions on heads of Caucasian regions

  The sanctions imposed by Western countries on the regional heads of Northern Caucasus are of a political nature; they have no real economic impact on them, since their interests are concentrated in the Middle East, analysts believe.

January 07, 2024 18:38

• Kadyrov offers to release Ukrainian POWs in exchange for lifting sanctions

  The head of Chechnya has stated that he is ready to release 20 Ukrainian prisoners of war (POWs) if the sanctions introduced against his relatives, as well as his horses and aircrafts, are lifted.

December 09, 2023 23:57

• Caucasus experts treat the cost of undertaking Hajj as unaffordable

  This year, the cost of making a Hajj trip starts at USD 4900. According to Caucasus experts, this cost is unaffordable for most residents; they will have to rely on sponsors who could pay for their trip.

October 18, 2023 17:08

• Dagestani MPs appeal to Putin concerning problem of Irganai resettlers

  More than 50 Dagestani MPs called on President Vladimir Putin to pay attention to the problems of residents of villages flooded during the commissioning of the Irganai hydroelectric power plant in 2008. Villagers have been seeking compensation during a long time.

August 25, 2023 23:46

• US Treasury announces sanctions against Kadyrov's mother and Chechen officials

  Ramzan Kadyrov's mother Aimani, Mansur Soltaev, the Chechen Ombudsperson, Muslim Khuchiev, the Chairman of the Chechen Government, and Zamid Chalaev, the commander of the special police regiment named after Akhmat Kadyrov of the Chechen Ministry of Internal Affairs (MIA), have been put on the sanctions list of the US Treasury Department.

August 09, 2023 20:25

• Social media users outraged by calls of “Chechenenergo” to save electricity

  The “Chechenenergo” Company should provide the necessary power instead of turning off the electricity during the hot weather and calling on residents to save electric power. This was a reaction by social media users in response to the company’s calls to save energy.

July 12, 2023 23:13

• Court sides with activists in their dispute with Kabardino-Balkarian Ministry for Public Health

  The Supreme Court of Kabardino-Balkaria granted a claim filed by the public organization “Patient Monitor” and invalidated the provisions of the territorial programme of state guarantees of free medical care for citizens of the Kabardino-Balkarian Republic (KBR) for 2023-2025, concerning per capita funding standards.

April 23, 2023 04:54

• Rising prices before Eid al-Fitr anger residents of Chechnya

  The growth of prices in Chechnya ahead of the Eid al-Fitr has led to a significant increase in people's expenses for the festive table and gifts, local residents have complained. They have felt that the prices of meat, vegetables and fruits had risen sharply.

April 15, 2023 23:18

• Kadyrov's words failed to stop price rise on the eve of Eid al-Fitr

  The prices for a number of imported foodstuffs are rising on the eve of Eid al-Fitr, despite the statements of the head of Chechnya, Ramzan Kadyrov, who compared the entrepreneurs, who had inflated prices, with drug dealers, local residents have stated.

April 10, 2023 23:14

• Kadyrov criticizes rise in prices before Eid al-Fitr

  Chechen leader Ramzan Kadyrov has called on sellers not to raise prices for goods before the Muslim holiday of Eid al-Fitr. He has compared to drug dealers the entrepreneurs who raise the prices on the eve of the holiday. For the republic, the rise in prices during Ramadan has become a chronic problem.

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