The Polish-German joint letter calling on the EU to revamp its policy on Russia is a milestone in the two countries’ common policy toward Moscow. If this cooperation lasts, it could reshape politics both within the EU as well with its Eastern neighbors.
The Global Adaptation Index (GaIn) was created by the Global Adaptation Institute to serve as a tool that will guide investment decisions in order to adapt to climate change.
Putin’s expected return to the presidency in early 2012 comes at a time of great economic uncertainty. Although Russia’s economy is stable at the moment, Russia will have to modernize in order to remain stable and competitive in the long run.
There is space both for economic cooperation and competition among the Shanghai Cooperation Organization member countries, all of which could benefit from more trade and investment.
Russians should not expect modernization to be initiated from the top. Nor can a modern economy develop in Russia without reforming its political institutions, such as elections, the courts, and the law enforcement agencies.
When Vladimir Putin reclaims Russia’s helm in 2012, he will have to manage an economy that has lost its momentum and is approaching stagnation. Falling oil and gas revenues will only make his job more challenging.
Countries have good reasons to become actively involved in developing effective climate policies, since underestimating global trends could significantly affect their economic competitiveness.
The balance in Sino-Russian economic relations has shifted heavily in favor of the Chinese, and Moscow’s long-term strategy toward China will likely seek to make their relationship more equal.
The harsh verdict for former Ukrainian Prime Minister Yulia Tymoshenko demonstrates that Ukraine’s leadership prioritizes removing the opposition’s strongest candidate before parliamentary elections above good relations with the West.
As a gas-importing country dependent on Russia, Ukraine could strengthen its energy security standing by diversifying its supplies of gas, increasing domestic gas production, and replacing natural gas with other fuels.