The danger for the EU in the rapprochement between Russia and China lies in the fortification of the Russian economy against sanctions and in an increased assertiveness for China.
The year 2014 ended the period of cooperation between Russia and the West. A new period has begun, marked by rivalry and competition. At the same time, Russia has been seeking ways to strengthen ties with leading non-Western powers.
Ukraine is teetering on the brink of default and its government is devoting more energy to public relations than actual reforms. Recent developments in Ukraine are likely to fuel the creation of a new black hole in Europe.
Eurasia Outlook asked several experts what is the future of the Eurasian Economic Union (EEU), which officially came into being on January 1.
For the Russian economic and political system, as well as for the country’s foreign relations, the current economic crisis is an existential one. Russia will exit from it in a very different form from what it is today.
Eurasia Outlook asked several experts what, if anything, can be done by Russian policymakers in order to weather the perfect storm descending on the country’s economy.
The crisis presents Putin with an opportunity to tighten his grip on business, to see who is loyal and who is not, to pick winners and losers, to decide who will receive state support and whose assets should be “redistributed”.
Several Carnegie experts from different offices discuss the significance of Putin’s address to the future of Russia and its role in the international community.
The falling oil price and rapid devaluation of Russian currency not only affect the economy, the budget, and the joking habits of the elite, but also have an effect on Moscow’s foreign policy.
Calling time on the South Stream pipeline project, Putin announced a new Black Sea pipeline to Turkey instead. The new project could be a competitor to Azerbaijan gas ambitions, but, at the same time, it may require more collaboration in the future.