It appears the Russian military has changed its strategy and is now focused on preparing defensive positions for a “frozen winter conflict” while increasing the intensity of missile attacks to destroy Ukraine’s power infrastructure.
Protection of Stability Gets More Challenging. Data for September and anecdotal evidence for October show a sharp deterioration in the speed of the post-Covid and post-sanctions recovery in the Russian economy. As the population turns to savings mode, domestic businesses have shelved expansion plans while foreign companies continue to exit Russia.
President Putin has ordered the removal of civilians from the west bank of the Dnieper River leading to speculation of either preparations for a major battle or the setup of a more defensible line on the east bank of the river.
New this week: October 27th: President Putin announced that he would extend the moratorium on inspections of business until the end of 2023.
While there remains general skepticism that Moscow would resort to its nuclear arsenal to resolve the impasse on the Ukrainian battlefield, official Washington has woken up to the reality that it could happen within the framework of revised Russian military doctrine about first use of nuclear weaponry and in ways that would challenge the American nuclear posture in terms of basic symmetry.
New this week: October 20th: The government will postpone, until the end of 2023, the ban on acquiring or leasing retail facilities from foreign companies selling retail food products.
Demographic Trends Boost Growth Expectations. Population growth is a contributor to economic expansion. The population of Central Asia is currently 121.4 mln and it is projected to grow to 161 mln within 15 years.
In our last update, we referred to “the Dangerous Month of October” (October 1st). So far, this is unfolding.
Quarterly summary update covering key themes and trends in the Renewable Energy industry in Central Asia.
At the end of September, President Mirziyoyev appointed Jurabek Mirzamahmudov as Energy Minister as well as Deputy Prime Minister with oversight of the fuel, energy, and the chemical industrial complex. This means the government again has six Deputy Prime Ministers.
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