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Central Asia: from sanctions to strategy

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Kazakhstan is moving the fastest. Construction is under way on the new Darbaza-Maktaaral rail link to Uzbekistan (US$523 million) and a second track on the Dostyk-Moiynty section to lift China-Europe capacity five-fold by 2027. At the Caspian end, Aktau will add a 200,000 TEU container hub by 2025 for just US$42 million, while Kuryk gains [...]

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Corridors or Chokepoints – the infrastructure bet driving Ethiopia’s future

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Although the Pretoria accord halted open warfare, Ethiopia’s political temperature has begun to rise again. Rival factions inside the Tigray People’s Liberation Front now contest the authority of the federally backed Interim Administration; analysts warn that internal splits could ignite a fresh insurgency and draw Eritrea back in. In parallel, the Fano militia in Amhara

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Turkish Tales: why investors are looking again at Turkey

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After an eighteen-month monetary overhaul, Ankara is finally putting a lid on the price spiral that peaked above 70 percent last spring. The OECD’s April survey notes that, provided interest rates remain restrictive and fiscal discipline holds, consumer inflation should sink to single digits by 2027, bringing Turkey back within striking distance of its long-forgotten

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Nagorno-Karabakh has fallen: Russia’s silent role

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The Nagorno-Karabakh conflict, a longstanding territorial dispute between Armenia and Azerbaijan, has escalated exponentially over years. In September 2023, Azerbaijan launched a military offensive against the self-declared Republic of Artsakh in Nagorno-Karabakh, leading to a ceasefire agreement brokered by Russian peacekeepers. This offensive resulted in the profound dissolution of the Artsakh Defense Army and the

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