Executive Summary: Moscow introduced a new accounting scheme enabling European buyers to pay for gas in rubles, circumventing U.S. sanctions and using intermediaries and currency exchanges to bypass restrictions.  Russia has expanded its shadow fleet and increased its oil tanker capacity by 70 percent, helping... MORE

Executive Summary: The beginning of U.S. President Donald Trump’s administration highlights contrasting views of Russia’s war in Ukraine. The West views it as a non-sensical distortion that should be stopped, and Russian President Vladimir Putin views it as a confrontation with the West. The state... MORE

Executive Summary: Russia remains at the forefront of global nuclear innovation, leveraging state-owned enterprise Rosatom to expand partnerships, build reactors, and strengthen relationships with non-Western nations. This gives Moscow more avenues to bolster its economy amid Western sanctions. Rosatom is currently conducting $200 billion in... MORE

Executive Summary: In advance of his sham re-election, Belarusian leader Alyaksandr Lukashenka has launched an expanded campaign against Roman Catholics, the 14 percent of his nation who have been the most opposed to the Minsk strongman in the past. Moscow has joined this effort to... MORE

Executive Summary: Abkhazia is experiencing an energy shortage due to low water levels in the Enguri hydroelectric dam. Illegal cryptocurrency mining further exacerbates the shortage, which has increased Abkhazia’s reliance on Russian electricity. In September, Abkhazia blocked a law allowing Russian citizens to buy real... MORE

Executive Summary: U.S. President Donald Trump’s rhetoric on Greenland and Canada highlights the emerging strategic rivalry in the Arctic. Russian commentators present this as a new justification for its territorial expansionist ambitions in the Arctic and beyond. Russian experts see Trump’s focus on the Arctic... MORE

Executive Summary: Moscow finds itself challenged in the Caspian Sea by Kazakhstan, whose naval forces there are better prepared to cope with the sea drying up and whose focus is not distracted by conflicts elsewhere. Kremlin hawks such as Nikolai Patrushev are alarmed and calling... MORE

Executive Summary: Russian President Vladimir Putin’s autocratic regime faces global condemnation due to its war against Ukraine, suppression of the opposition, and increasing international isolation. These developments expose the regime’s corruption and deepen its global alienation. Russia’s influence is eroding in key regions, including the... MORE

Executive Summary: Since becoming the Russian leader, Vladimir Putin has made developing a north-south trade corridor a centerpiece of his geoeconomic and geopolitical program. This would counter the impact of east-west routes and align the global south against the West. He has now declared this... MORE

Executive Summary: Western sanctions against Russia have hampered northern cargo transportation routes used by most Eurasian states, leading Russia to increase relations with the Taliban government on transport communications to connect to the South Asian market. Extending the International North-South Transport Corridor to Afghanistan and... MORE