On May 5, the National Bank of Belarus, responding to pressure to devalue the Belarusian ruble, stipulated that by May 12, the exchange course with hard currency (the US dollar, the Euro and the Russian ruble) could increase from its current 8 percent depreciation rate... MORE

Without food, employment or security, thousands of sub-Saharan Africans are taking to the sea in overcrowded and unseaworthy boats in desperate attempts to escape the violence in Libya. They are joining some 25,000 Tunisians who have already fled to the Italian islands of Lampedusa and... MORE

Clashes between far-right and pro-Russian activists spoilt the Victory Day ceremonies in the Western Ukrainian city of Lviv on May 9. Militants from the far-right Freedom Party beat up pro-Russian activists, who arrived in Lviv from Russophone southern regions, clashed with police, burnt red flags... MORE

Much of the western attention to the Franco-Russian political agreement on the procurement of the helicopter landing dock Mistral for the Russian Navy emphasizes its potential “power projection” capability. NATO members, including the Baltic States, have misinterpreted remarks by the naval top brass and laid... MORE

A tense situation prevails in the Belarusian capital of Minsk after a series of political and economic events placed unusual pressure on the Lukashenka regime. These include an unresolved terrorist attack on April 11, a new crackdown on opposition figures, a 20 percent rise in... MORE

NATO allies seek additional military, political, and financial means to overcome the unanticipated stalemate in Libya. Alliance leaders are also addressing incipient symptoms of fatigue with the seemingly protracted operation, conducted by an ad-hoc group of countries on NATO's collective behalf. At the same time,... MORE

Ukraine has launched talks to revise the January 2009 gas contract with Russia according to which the base price was hiked from $179 to $450 per 1,000 cubic meters of gas. Kyiv hopes the contract will be revised by the end of the summer. Ukraine’s... MORE

Despite the distractions of other crises the Russian government continues to plow ahead with its designs for the Balkans, particularly the intended South Stream pipeline. In its quest for renewed influence in the Balkans, Serbia has emerged as an important partner for Russia. And to... MORE

International donors committed a total of some 550 million Euros ($790 million) for the Chernobyl Shelter Facility (CSF) fund at the donor conference in Kyiv on April 19. Although this is less than the Ukrainian government originally hoped to raise, it is still an achievement... MORE

On April 25 and 26, Russian Minister of Foreign Affairs Sergei Lavrov paid a “working visit” to the occupied Abkhazia and South Ossetia, which Russia unilaterally “recognizes” as states. He visited Russian army and border troop cantonments, met with the Moscow-installed local leaders, and used... MORE