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The Caspian/Black Sea [CBS] service, led by Laurent Ruseckas, provides regular analysis of investment risks and drivers for the frontier markets of the FSU -- with a major focus on Kazakhstan and Ukraine -- as well as Turkey.

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Turkey's Existential Crisis

Why Turkey's political crisis will be long and painful More arrow-img

Latest briefings

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Kazakhstan Quarterly: Moment of truth for the banking sector
Asset quality problems could hit some banks in the months ahead, but government support will emerge
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Turkey's Existential Crisis
Why Turkey's political crisis will be long and painful
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Caspian/Black Sea Monthly Report
CBS Monthly: implications of the Kashagan dispute; Ukraine's troubled politics; and Georgia back on track
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The risks of NATO enlargement
There is a way from zero-sum to win-win
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The risk of war in the Caucasus
Separatism in Georgia and linked tensions with Russia are more dangerous than it may seem

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Caspian/Black Sea Research Team
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