Executive Summary: The last year of Russia’s war in Ukraine saw a number of turning points, including both Ukraine’s invasion of Russian territory and its massive drone attacks on Russian facilities, as well as an expansion in Russian aggression. Many in Kyiv, Moscow, and the... MORE

Executive Summary: On November 28, Georgian Prime Minister Irakli Kobakhidze declared that talks about Georgia’s EU ascension would be postponed until 2028, sparking protests across the country from pro-Western citizens. The government’s heavy-handed response to the protests—including police brutality and mass detentions—has drawn condemnation from... MORE

Executive Summary: The People’s Republic of China (PRC) continues to use Hong Kong to test policies and build support for the internationalization of its currency, the renminbi (RMB). The city is now the world’s largest offshore RMB clearing center. The Cross-border Interbank Payment System (CIPS)... MORE

Executive Summary: A joint meeting of the Foreign Ministry Collegiums of Russia and Belarus occurred on November 22, emphasizing deepening Belarus-Russia cooperation under the Union State framework, with new agreements on joint security and coordinated foreign policy. Russia extended its nuclear doctrine to cover Belarus,... MORE

Executive Summary: Russia has expanded its ties with groups such as Hezbollah, Hamas, and the Houthis, leveraging its relationship with Iran’s so-called “Axis of Resistance” to increase geopolitical influence through military and security cooperation, including supplying weapons and conducting diplomatic engagements. Moscow is not pursuing... MORE

Executive Summary: Facing increasing Russian hostility to Central Asian immigrants, Central Asian countries are instead encouraging their nationals to go to other Asian countries to ensure transfer payments and prevent domestic explosions. These moves are negatively impacting the Russian economy and forcing Moscow to seek... MORE

Executive Summary: The Iran-Armenia gas-for-electricity swap agreement allows both countries to address seasonal energy imbalances while enabling Iran to expand its influence in the South Caucasus region. Iran faces challenges through sanctions, electricity shortages, gas imbalance, and Russia’s dominance in Armenia’s gas market via Gazprom... MORE

Executive Summary: Over the past several months, Russian propaganda and reputable analytical platforms close to the Kremlin have increasingly threatened to use nuclear weapons against the West. On the one hand, these threats are intended to frighten the West, but on the other, Russian propagandists... MORE

Executive summary: Ukraine is alleged to be providing military equipment and training to the Tuareg separatist coalition CSP-DPA in its armed struggle against Russian-backed Malian government forces. This support is framed as a strategic move by Ukraine to counter Russian influence in Africa, particularly targeting... MORE

Executive Summary: In October, Azerbaijani and Iranian officials discussed the Aras Corridor railway project, a strategic alternative to the contested Zangezur Corridor, amid ongoing Azerbaijan-Armenia tensions and diplomatic efforts to enhance regional connectivity following the 2020 Karabakh War. The Aras Corridor strengthens Azerbaijan–Türkiye–Central Asia ties... MORE