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IMF reach staff-level agreement to give Ukraine $15.6bn loan
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IMF reach staff-level agreement to give Ukraine $15.6bn loan

22 March 2023
On Tuesday (21 March) the International Monetary Fund (IMF) located in Washington D.C. announced that it had reached a staff-level agreement with Ukraine for a 48-month financing package worth about $15.6 billion. The BBC also reports that it is the first loan that the organisation has granted to a country at war. In a statement, the IMF announced that the Extended Fund Facility (EFF) "aims to support the Ukrainian authorities anchor policies that sustain fiscal, external, price and financial stability, and support the ongoing gradual economic recovery, while promoting long-term growth in the context of post-war reconstruction and Ukraine’s path to EU accession". The agreement must however still be ratified by the IMF's board, and follows months of negotiations between IMF staff and Ukrainian authorities. The executive board of the IMF is expected to discuss approval in the coming weeks.
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Opinion: Armenian procrastination has high risks
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Opinion: Armenian procrastination has high risks

22 March 2023
Reports from various sources say both Armenia and Azerbaijan are concentrating their troops along the border zone, in an apparent preparation for a potential escalation, writes Vasif Huseynov in this op-ed for commonspace.eu. Despite the optimism following last month's Munich meeting between the leaders of the two countries, the sides have not since taken any tangible step towards the resolution of their ongoing disputes. This despite the fact that recent history of the Armenia-Azerbaijan conflict is a testimony to the fact that an unstable status-quo, with imitations of negotiations, is a ticking bomb, he argues.
Vasif Huseynov
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Ruling Amanat party wins Kazakh parliamentary vote after election reforms
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Ruling Amanat party wins Kazakh parliamentary vote after election reforms

21 March 2023
Six parties have been elected to the Mazhilis, Kazakhstan's national parliament after elections were held on Sunday (19 March). The six parties are the ruling Amanat party, who won 53.9% of the vote; the Auyl People's Democratic Patriotic Party (10.9%); Respublica Party (8.59%); Aq Jol Democratic Party of Kazakhstan (8.41%); People's Party of Kazakhstan (6.8%); National Social Democratic Party (5.2%). The Baytaq party won only 2.3% of the vote, and, with a 5% threshold necessary to win seats in parliament, will not be represented. 3.9% voted against all parties. The Astana Times reports that over 6.3 million people out of more than 12 million eligible voters cast their ballots in the elections to the parliament and local representative bodies on Sunday, representing a turnout of over 54%.
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Russian cruise missiles destroyed in explosion in Crimea
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Russian cruise missiles destroyed in explosion in Crimea

21 March 2023
Russian Kalibr cruise missiles have been destroyed in an explosion in the Crimean city of Dzhankoi late on Monday (20 March). According to the Ukrainian Ministry of Defence, they were being transported by rail at the time of the explosion. As has become standard, Ukrainian authorities confirmed the explosions in Dzhankoi, located in the north of the Russian-occupied Crimean peninsula, but they did not claim an attack. "The [explosions] continue the process of Russia's demilitarisation and prepares the Ukrainian peninsula of Crimea for de-occupation," the Ukrainian Defence Ministry said in a statement. Sergei Aksenov, the head of Moscow-installed proxies in Crimea, said that Russian air defense had been working in Dzhankoi, saying that the wreckage injured one person and damaged a household and a shop. Meanwhile Igor Ivin, the head of the occupying administration in Dzhankoi, reported a drone attack. The Kalibr missiles which have reportedly been destroyed in the explosion are designed to be launched from surface ships of the Russian Black Sea Fleet.
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Xi Jinping arrives in Moscow to meet with Vladimir Putin
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Xi Jinping arrives in Moscow to meet with Vladimir Putin

20 March 2023
The Chinese President Xi Jinping has arrived in Moscow for face-to-face talks with Russian President Vladimir Putin on Monday (20 March). Both the Kremlin and China foreign ministry have been tight-lipped about the purpose of the trip, revealing only that Xi and Putin will discuss a "comprehensive partnership and strategic co-operation", adding that Xi will be in Moscow until Wednesday. The visit comes only days after the International Criminal Court in The Hague issued Vladimir Putin with an international arrest warrant for alleged war crimes, namely the unlawful deportation of people, including children, from Ukraine to Russia. Xi Jinping is scheduled to have lunch with the Russian President before an informal one-to-one meeting this afternoon, while formal talks with delegations are planned for tomorrow. Ever since 24 February 2022, China's stance over the full-scale Russian invasion of Ukraine has been somewhat ambiguous. China has neither openly welcomed the war, nor openly criticised Russia. Less than a month ago China also published its own 12-point peace plan to bring the war in Ukraine to an end, calling for peace talks and respect for national sovereignty.