China, the world’s largest economy, has set its eyes on Georgia, a traditional gateway between Asia and Europe, and its investment power could transform the poverty-stricken South Caucasus country’s prospects, some observers believe.
Hopes are running high in Armenia that the pending end of international sanctions against Iran, its southern neighbor, will advance strategic investment projects. But Armenian analysts caution that Russia, Tehran’s longtime regional rival, may foil Yerevan’s ambitions.
It appears that a power struggle is intensifying in Russia-annexed Crimea revolving around graft. The infighting pits local officials against Russian federal agencies, including the powerful Federal Security Service.
The Iranian nuclear deal has broad trade implications for Eurasia. The pending lifting of sanctions would allow Iran to take advantage of its favorable geographic position, as it straddles the commercial crossroads connecting Europe, Central Asia, the Caucasus and the Middle East.
MOSCOW -- They were known as Panfilov’s 28 Guardsmen -- a legendary unit of Soviet soldiers written into the pantheon of national heroism after they died battling German tanks just two hours outside Moscow as the freezing winter of 1941-1942 set in.