Archives Economics - Page 14 of 24 - New Eastern Outlook

Most Westerners imagine Russian President Vladimir Putin sitting in his office in the Kremlin, wringing his hands and gritting his teeth, pondering Russia’s imminent conquest of all of Europe. At least, this is the narrative spun by the liberal elite. Reality, as is so often the case, is divergently opposed to the Washington public relations campaign. Let’s briefly look at what the living legend Putin is up to. I am sure many will be surprised…

The new Emir of Kuwait, Mishal Al-Ahmad Al-Jaber Al-Sabah, was sworn in on 20 December 2023, following the death of his older brother Nawaf Al-Ahmad Al-Jaber Al-Sabah on 16 December. Sheikh Nawaf was the sixteenth Emir and ruled for just three years from his accession to the throne in September 2020. The late monarch took the throne at the venerable age of 84. At that time, he was already suffering from serious heart disease and internal organ damage. Perhaps for this reason, Sheikh Nawaf’s reign was characterised by relative calm. The past emir was focused solely on avoiding…

On December 20, 2023, the second stage of hearings of the Temporary Control Committee established by a special resolution of the State Great Khural of Mongolia to monitor the situation at Erdenes Tavan Tolgoi, the state-owned company operating the largest mineral deposit in the country, began. Following a December 2022 corruption scandal involving a discrepancy between coal export data and figures published by Chinese customs, a special regulation was imposed on Erdenes Tavan Tolgoi, which was renewed in November 2023. This Control Committee was also established…