Breakingviews

Alibaba highlights hurdles in Russia’s pivot east

July 12, 2016

Moscow wants closer economic ties with China, rather than dealing with an unfriendly West. But Russia's poor business climate makes life hard for Chinese companies, although they are used to draconian rules at home. Even e-commerce giant Alibaba has only made modest inroads.

Lockheed-Boeing rocket JV feels competitive heat

May 25, 2016

Elon Musk’s SpaceX just broke the monopoly on military satellite launches enjoyed by the defense contractors’ alliance. Congress may help the pricey venture by allowing it to buy more sanctions-tainted Russian rocket engines. That’d be a strike against efficiency and innovation.

Eurovision puts Ukraine in helpful spotlight

May 16, 2016

Kiev’s pride in winning Saturday’s annual croon-fest has a downside: it has to pay to host next year’s. Russia has pointed out Ukraine has a ropey economy and a war in the east. The experience of former hosts, though, suggests there could be a return on the investment.

Chernobyl is symbol of shaky EU-Ukraine ties

April 26, 2016

Thirty years after the disaster at the nuclear power station, EU money has helped build a structure to contain further reactor fallout. But Ukraine will have to sort any future issues by itself. Efforts to bring Kiev and Brussels closer suffer from a similar risky dynamic.

The Exchange podcast: Lord Browne of L1 Energy

By Rob Cox
March 24, 2016

The former BP chief swings by Times Square to discuss his new book on how companies can radically engage with the wider world and become more inclusive to the benefit of owners. He also talks about the potential for M&A in the energy business, the oil market and Brexit.

Central Asia needs life support as Russia suffers

February 25, 2016

Tajikistan has appealed to the International Monetary Fund for help. Falling oil prices and sanctions have hit remittances from migrant workers in Russia that are the lifeblood of its economy. Other countries in Moscow’s economic orbit may need similar treatment.

Saudi-Russia oil deal is full of holes

February 16, 2016

The crude producers have agreed to freeze production at January levels. But both Russia and the OPEC kingpin are already pumping nearly flat out. And Iran, which wants to raise output after years of sanctions, may not agree. At best, it may lead to a more ambitious deal later.

from The Great Debate:

The Exchange: Garry Kasparov forecasts bloody regime change in Russia

January 20, 2016

Twenty-time world chess champion and Russian opposition leader Garry Kasparov joins opinion editor Jason Fields to discuss Vladimir Putin’s Russia and the dangers of its global influence.

Dixon: Turkey’s economy threatened on many fronts

December 7, 2015

A row with Russia, a resurgence of violence within its borders and the prospect of the Fed raising rates have coincided with President Erdogan’s increasing politicisation of the economy and bad governance. This could prove a toxic cocktail given the private sector’s high debt.

Luxury overexpansion pads against country risk

November 17, 2015

Labels like Gucci and Hermes tend to suffer after incidents like the Paris shootings because they rely on confidence and tourism. But years of runaway growth may leave luxury better positioned than before. Companies are now less exposed to any single region.