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In Tunisia, a questionnaire on constitutional changes attracts minimal public interest
9 March 2022
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Russian Banks look east for salvation
9 March 2022
In addition to the moves towards UnionPay, some Russian companies are now accepting payments in Yuan, and there is talk of Russia turning to CIPS, the Chinese equivalent of SWIFT. The Russian pivot towards the Yuan and Chinese financial systems could reduce the dominance of the US Dollar in global transactions. In addition to the moves towards UnionPay, some Russian companies are now accepting payments in Yuan, and there is talk of Russia turning to CIPS, the Chinese equivalent of SWIFT. The Russian pivot towards the Yuan and Chinese financial systems could reduce the dominance of the US Dollar in global transactions.
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Central Asian countries feel impact of sanctions against Russian aviation
9 March 2022
The impact of the sanctions on the Russian aviation sector is having far-reaching consequences for countries in Central Asia. Millions of people from Central Asia are in Russia as migrant workers and the disruption in aviation is making their travel back to their home countries difficult. Among them are 2.2 million Uzbeks who live and work in Russia. Remittances from Uzbek migrants in Russia constitute 12% of Uzbekistan's National GDP. Regular flights from Russia to Uzbekistan have been cancelled, Smartavia and iFly, two Russian carriers, have suspended all flights to Uzbekistan and flights that are still operating have more than doubled in price. As an aviation specialist for Uzbekistan said, “After the sanctions, not a single such aircraft landed on the territory of Uzbekistan. The reason is very simple - they remained uninsured.” Uninsured aircraft are prohibited from flying. Millions of migrants are now left without a crucial air bridge to their homeland. International sanctions on finance are already causing currency crises in Kazakhstan and Kyrgyzstan. The impact of sanctions on the aviation sector further highlights the cost of Russian actions in the Central Asian region.
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On International Women's Day we salute the courage of the women of Ukraine
8 March 2022
8 March is International Women's Day - an occasion to celebrate the role of women in our societies, an opportunity to re-affirm their right for equality, a time to remember that across the world millions of women still do not have such rights and are often treated inhumanely.
This year we celebrate International Women's Day at a time when the world is watching in horror as the Russian invasion of Ukraine unfolds. For nearly two weeks now Russian forces have committed atrocities against peaceful civilian communities. Millions of Ukrainians have been displaced, nearly two million to neighbouring European countries. The world has watched in awe as Ukrainians put up a stiff resistance to the invaders. And none more so than Ukrainian women who are playing a leading role in the resistance.
