Jul 6, 2015

China's influence grows as Russian crisis rocks Central Asia

At a bazaar in Tajikistan’s capital Dushanbe, once a far-flung outpost in the Soviet Union, cheap goods from neighboring China are helping offset the pain caused by Russia’s economic meltdown. As low world prices for Russian energy exports and Western sanctions over Ukraine stir ...

Oil cash helps Turkmenistan turn capital into marble marvel

Feb 26, 2013

Oil cash helps Turkmenistan turn capital into marble marvel

In an extraordinary construction boom, the isolated Central Asian nation of Turkmenistan is spending billions of dollars on remodeling its capital, Ashgabat, into a gleaming white showpiece where even the curbs are made of marble. The gas-rich desert country says that the massive spending ...