Executive Summary: The Kremlin has expanded the state-registered Cossack movement within Russia and the illegally annexed regions of Ukraine. The Cossack institutions established in the Luhansk region aim to foster the militarization of the population, especially youth. Moscow has supported initiatives to establish a registered... MORE

Executive Summary: Belarusian President Alyaksandr Lukashenka has asserted that expanding economic integration The population is split between the Russo-centric and “Westernizing” views on independent Belarus, with Belarusians seemingly outgrowing the former while being unable to embrace the latter fully. A clearer view of the two... MORE

Executive Summary: Russian officials have played up China’s interest in potentially investing in the Vostok Oil project, though significant challenges remain. The mega-project looks to enhance Moscow’s geopolitical ties with Asia, elevate the Northern Sea Route’s competitiveness with the Suez Canal, and promote economic growth.... MORE

Executive Summary: China has become Russia’s primary economic partner in helping the Kremlin circumvent Western sanctions, with bilateral trade turnover reaching $225 billion in 2023. Beijing’s supply of dual-use components and critical electronic equipment enhances Moscow’s defense production capabilities. Chinese banks play a key role... MORE

Executive Summary: Mass protests in Bashkortostan featured calls for the independence of the Middle Volga republic and have shattered the image that Russia is united behind Putin. These events have convinced Bashkirs and other non-Russians that their time is coming, and Kyiv believes that the... MORE

Executive Summary: Russia’s industrial sector has become full dependent on China for machine tools and parts critical to arms manufacturing. Moscow’s war against Ukraine, Western sanctions, and the inability to fully realize import substitution efforts has exacerbated Russia’s dependence on China. That reality signals a... MORE

Executive Summary: Economic decline and growing security threats limit the effectiveness of Kremlin propagandists’ claims of a “bright future” for a “new Russia.” Moscow has been unable to adequately provide for public security, as Ukraine strikes Russian territory with increased frequency and returning veterans of... MORE

Executive Summary: Putin’s claims that he will never give up the “spoils” won in Ukraine keep Russia locked in the cage of war and render any notions of peace negotiations unrealistic. The degradation of the Russian economy and growing discontent at home casts doubts on... MORE

Executive Summary: The new law granting Belarusian President Alyaksandr Lukashenka life-long immunity was necessary to avoid future political retribution that could destabilize Belarus. Western misconceptions of official Minsk’s actions greatly hamper any chances of reversing Belarus’s growing economic dependence on Russia. Positive change in Belarus... MORE

Executive summary: The Kremlin views Serbia as a strategic asset in the Balkans that expands Russia’s geopolitical reach, weakens Western cohesion, and undermines transatlantic institutions. The Serbian government benefits from its alliance with Moscow by having an advocate on the UN Security Council to block... MORE