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Central Asia Culture & History

Azerbaijan and Armenia Reach Partial Concordance Regarding Nagorno-Karabakh Conflict

A Turkish-led resolution to the Nagorno-Karabakh conflict has been accepted by both Azerbaijan and Armenia, hopefully bringing an end to a long drawn out conflict.

Stipulations of the agreement call on Armenia to concede some of the townships surrounding the Nagorno-Karabakh region to Azerbaijan as well as to allow the repatriation of the Azeris who were forced to leave their homes.

Furthermore, the transportation routes between Azerbaijan and Armenia will reopen with an international peace keeping force present at the Armenia and Nagorno-Karabakh border. A temporary administrative body will govern the region while its status is evaluated.

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Eastern Europe

Uncertainty Regarding IMF Loan May Send Ukraine to Moscow

As prices of Ukraine’s chief exports continue to fall, uncertainty has arisen as to whether the Ukrainian government can continue to meet the stipulations of the International Monetary Fund’s (IMF) next installment of a US$16.4 billion loan.

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Russia

Russia Looks to Discuss Gas Swaps at Next GECF Meeting

Russia, the world’s largest producer of natural gas, has been making moves recently with other industry leaders – Iran and Qatar – to further tighten the Gas Exporting Countries Forum’s (GECF) global control of the industry.