The National Bank of Ukraine (NBU) has decided to liquidate two large domestic banks. On June 11, the NBU said it would liquidate Brokbiznesbank (bank.gov.ua, June 11), and on June 16, it named Forum (bank.gov.ua, June 16). All in all, seven Ukrainian banks have sunk... MORE

On June 16, Russia suspended natural gas supplies to Ukraine over non-payment of debts for supplies already delivered. Russia would resume the supplies on condition that Ukraine pays in advance for any gas volume that it would request to import from Russia (pre-payment). On that... MORE

In the Duma, on June 18, Defense Minister Sergei Shoigu reportedly told deputies: “Russian troops are ready for any eventuality in Ukraine.” The Q & A with Shoigu was classified, but deputies still gave an outline of his statements. The defense minister confirmed Russian combat... MORE

Russia’s response to the EuroMaidan, which dislodged president Viktor Yanukovych’s government, utilized a broad range of political and military tools leveraging Moscow’s influence in shaping the future of its close neighbor. It caught Western governments by surprise, stunned critics, silenced analysts, and left the public... MORE

Most Ukrainians and international observers are focusing on Russia’s invasion of southeastern Ukraine or on the possibility that Moscow will use forces from Moldova’s Transnistria to create a “Novorossiya” (“New Russia”) across southern Ukraine and eliminate Kyiv’s access to the Black Sea (see EDM, April... MORE

On May 27, Ukrainian First Deputy Prime Minister Vitaliy Yarema promised journalists that the Anti-Terrorist Operation (ATO) being conducted in the country’s eastern Donetsk and Luhansk regions (Donbas) would be greatly intensified shortly following Petro Poroshenko’s inauguration (Interfax-Ukraine, May 27). However, during his inauguration speech... MORE

Russia seems at a crossroads in the Ukrainian crisis, unsure how to proceed: to seek some negotiated compromise with Kyiv, or intensify its support for pro-Russian separatists in southeastern Ukraine? During Russian Foreign Minister Sergei Lavrov’s visit to Finland last week, a possibility was discussed... MORE

Several cities in Donbas, the eastern portion of Ukraine comprising the regions of Donetsk and Luhansk, have been embroiled in Russian-sponsored secessionist violence against Ukrainian authorities since early April 2014. And while Russia has no officially identified uniformed troops in the region, there are claims... MORE

Since Vladimir Putin was elected to the Russian presidency in May 2012, he has promised to place “smart defense” at the heart of Russia’s security strategy (https://www.rg.ru/2012/02/20/putin-armiya.html). Testing new concepts and approaches to the use of the Armed Forces featured in the operational-strategic exercise Zapad... MORE

Russian Foreign Minister Sergei Lavrov says that the West is opposing Moscow in Ukraine because Russia is returning to Orthodoxy. Whereas other Russian commentators suggest that Moscow must fight in Ukraine not just to oppose Kyiv’s shift toward Europe but also to block the eastward... MORE