Executive Summary: Russia announced in early April that nearly all domestic financial transactions are now being conducted through the Financial Transaction System, which was created as an alternative to SWIFT. The development of new financial systems is part of a broader desire for greater independence... MORE

Executive Summary: Russia’s agenda in Moldova is an extension of Moscow’s war in Ukraine and its policy to re-expand into the intermediate zone between Russia and the West. The Kremlin’s top priority is to derail Moldova’s candidacy for EU membership by replacing the current government... MORE

Executive Summary: Leaders of Moldova’s Russophile parties recently launched a new political bloc at a congress in Moscow, heavily covered by Russian state media. The Kremlin aims to replace Moldova’s Western-oriented leadership with one loyal to Russia, ruling out the former model of Moldova balancing... MORE

(Part One) Executive Summary: Russia can use the Gagauz autonomy more effectively than Transnistria to destabilize Moldova. The Kremlin is interested in Gagauzia remaining part of Moldova rather than seceding to maintain influence over Moldovan politics. Encouraging Gagauzia to demand upgrades in its autonomy is... MORE

Executive Summary: Russian President Vladimir Putin’s meeting with the Gagauz autonomy leader, Yevgenia Gutsul, shows Moscow advancing from covert to overt interference in Moldova’s politics. Emboldening Gagauz leaders to confront Chisinau reflects the Kremlin’s new strategy of territorial fragmentation in Moldova. Moscow is encouraging Russophile... MORE

*Read Part One. The North Atlantic Treaty Organization (NATO) made clear in 2023 that Ukraine could not expect to be offered a sought-after membership plan so long as Russia’s war continues. Any decision on this matter has been postponed until “after the war.” The NATO... MORE

In 2023, Russia redoubled efforts in its two-fold war in Ukraine: against Ukraine itself and against the United States and the North Atlantic Treaty Organization (NATO). Moscow openly declares this dual agenda. Most Western governments, nevertheless, remain unwilling to recognize that Russia is also at... MORE

Moldova’s Transnistrian territory is the scene of one of the last remaining “frozen conflict” in the contested space between the collective West and Russia. By the same token, it provides the Organization for Security and Co-operation in Europe (OSCE) with one of its last remaining... MORE

Russia has practically turned the Organization for Security and Co-operation in Europe (OSCE) into a hostage, ruthlessly instrumentalizing the organization’s consensus rules. The OSCE’s year-end, ministerial-level meeting, held in Skopje on November 29 and 30, highlighted Russia’s stranglehold over the OSCE as never before (see... MORE

Russia forced what it calls “the collective West” into significant concessions for this year’s Organization for Security and Co-operation in Europe (OSCE) annual meeting of foreign ministers. Using its statutory veto and blocking powers, Moscow forced the organization to replace Estonia with Malta to chair... MORE