Economy

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  Economy

  2022-08-18

  Uzbekistan finds joining Russia-led unions increasingly 'illogical'

  Uzbekistan already said no to becoming a full member of the CSTO and EEU before Russia's invasion of Ukraine. Now it is an emphatic no.

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  Economy

  2022-08-17

  Empty shelves, no jobs: Russia's economy six months after Ukraine invasion

  A contracting economy, rising unemployment and a lack of basic consumer goods are just some of the many problems people in Russia face.

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  Economy

  2022-08-04

  Uzbek migrant workers in Russia face forced labour, withheld wages

  As conditions worsen following Moscow's invasion of Ukraine, Russian employers are confiscating passports, forcing migrants to work without pay, and leaving them with little recourse.

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  Economy

  2022-08-02

  Officials express 'relief' after 1st grain shipment leaves Ukraine under breakthrough deal

  Russia has been accused of sparking a global food crisis by blockading Ukrainian grain shipments.

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  Economy

  2022-07-27

  Seeking to bypass Russia, Uzbekistan eyes railway access to sea routes

  The Trans-Afghan Railway could give Central Asian states access to Pakistani seaports, providing a faster route and avoiding problems associated with the sanctions levied against Russia.

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  Economy

  2022-07-21

  String of debts: Sri Lanka's cautionary tale of doing business with China

  Once called the crown jewel in Beijing's 'string of pearls', Sri Lanka is saddled with debt and unused infrastructure that could easily be converted to military use.

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  Economy

  2022-06-29

  Kremlin's efforts to inflate ruble harm Russian economy, Kazakh businesses

  An artificially inflated ruble threatens huge losses for Russian exporters and means the goods and raw materials that Kazakhstan buys from Russia will become more expensive.

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  Economy

  2022-06-21

  Food prices surge in Uzbekistan in wake of Russian aggression in Ukraine

  Flour is up more than 50% and sugar has doubled. In the first four months of 2022, the cost of food imports grew by 48.9% or $370.2 million.

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  Economy

  2022-06-17

  'Blackmail': Russia threatens world famine with blockade of Ukraine

  Moscow is demanding sanctions be scrapped in exchange for re-opening Ukrainian seaports. At the same time, Russian forces are looting and selling Ukrainian grain, observers say.

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  Economy

  2022-06-16

  Russia's invasion of Ukraine causes livestock die-off in Kazakhstan

  Moscow's unprovoked war in Ukraine deprived Kazakh farmers of access to Russian and Ukrainian livestock vaccines -- another deadly consequence of the invasion.