The Russian Ministry of Finance is struggling to balance the budget, gutted by the low prices of oil and other Russian staple export commodities. The problem is made worse by Western financial sanctions over Crimea and Ukraine, which have severely limited Moscow’s ability to borrow... MORE

On February 23, Azerbaijani President Ilham Aliyev visited Tehran, where he met with his Iranian counterpart, Hassan Rouhani. Notably, the two presidents signed 11 memoranda of understanding (MoU) across several areas of cooperation, including energy, the economy and transport (IRNA, February 23). But the timing... MORE

The government of Stavropol region is set to expand the powers of Cossack patrols in the region. According to new legislation proposed by the regional council, citizens who disobey Cossack patrols now will be subject to fines. Meanwhile, Cossack leaders say that citizens already do... MORE

*To read Part One, please click here. *To read Part Two, please click here. The Interconnector Turkey–Greece–Italy (ITGI-Poseidon) was one of several rival projects competing to launch the European Union–backed Southern Gas Corridor to Europe with Azerbaijani natural gas. The ITGI was the weakest contestant... MORE

Experts have long known that the Balkans are a political battleground between Russia and the West. And this chronic non-military conflict has only intensified with Russia’s invasion of Ukraine and intervention in Syria. Clearly, Moscow regards both democracy and European integration—the two key issues in... MORE

A game changing Constitutional Court decision, announced on a Friday afternoon (March 4) before a four-day holiday weekend, took much of the Moldovan political establishment, expert community and the broader public by surprise. Voters will now be able to elect the country’s president directly. The... MORE

Russia’s top brass has called on leading military theorists and specialists as well as the defense industry and the government to jointly develop a “soft power” strategy to counter the potential threat from “color revolutions.” The annual general meeting of the Academy of Military Sciences... MORE

*To read Part One, please click here. *To read Part Three, please click here. Russian Gazprom, Greek DEPA/DESFA, and Italian Edison propose a modified version of Gazprom’s South Stream project, using the Interconnector Turkey–Greece–Italy (ITGI project) for a pipeline corridor to deliver Russian gas to... MORE

In January 2009, that is, during the previous (2008–2010) thaw between Belarus and the West, the International Monetary Fund set up a line of credit for Minsk worth $2.46 billion and then increased it to $3.56 billion precisely when (June 2009) Russia reneged on transmitting... MORE

On February 15, a suicide bomber blew his car and himself up near the Jimikent police checkpoint, in Derbent district, in southern Dagestan. Initially, the news reports suggested that the attack killed two police officers and two civilians. Five other people were injured and several... MORE