Despite international ceasefire negotiations and agreements, political situation in Eastern Ukraine continues to worsen. In early February 2015, the intensity of a conflict between Ukrainian Armed Forces and pro-Putin separatists increased dramatically.
According to the estimates, nearly 1 million people lost their homes and means of livelihood during the armed conflict. Overall number of people killed in Ukraine’s war since April 2014 reached 5,486 (February 6, 2015*), with about 13,000 injured.
Source: UN Office for the Coordination of Humanitarian Affairs (UN OCHA) situation reports
*Conservative estimates of the UN Human Rights Mission in Ukraine (HRMU) and World Health Organization (WHO) based on available official data.
The Global Firepower database published earlier this year provides an interesting perspective on the relative military strength of the former-Soviet Union (FSU) member states bordering Russia as compared to Russia. The contrast is so sharp that any of the FSU countries would almost certainly be unable to defend themselves from Russian military advancement without the direct involvement of NATO or other allied forces. The Baltic States, Georgia, and Ukraine combined spend fifteen times less on defense than does Russia. While military expenditures offer only a simplistic cross-country comparison - obscuring differences such as procurement...
Russia's recovery from economic recession could be complicated by sanctions announced recently by US President Donald Trump, with still greater potential of painful restrictions on investors and Russian companies seeking to raise capital in Western markets. This year, the US Treasury initiated new sanctions against Russian persons and entities for activities including the alleged poisoning in the UK of former FSB Officer Skripal and his daughter as well as Moscow's alleged meddling in the 2016 US presidential election.The sanctions announced in April targeted seven Russian oligarchs and the 12 companies they own or control, 17 senior Russian...
The WTO General Council meets as the Trade Policy Review Body to undertake trade policy reviews of Members under the TPRM and to consider the Director-General's regular reports on trade policy developement. The TPRB is thus open to all WTO Members. The current chair is Ms. Irene B. K. YOUNG (Hong Kong, China). Event Holder: World Trade Organization Source of data: Merchandise trade matrix, imports and exports of total all products, annual, 1995-2014, WTO statistical data sets, 1948-2014
In August, 2014, as a counter-move to the economic sanctions imposed against Russia for its annexation of Crimea and intervention to Eastern Ukraine, Russia banned food imports from 10 countries: the US, the EU, Canada, Australia, Norway, Ukraine, Albania, Montenegro, Iceland, and Liechtenstein. The embargo ended 1 January 2018. The visualizations below highlight the trade effects of the embargo.