The deadly attack on a bus carrying civilians near Donetsk, killing at least 12 of them and wounding many more, comes in the wake of yet another round of failed talks among the foreign ministers of Russia…
In a few short months the United States assumes Chair of the Arctic Council (AC). This is a two-year long opportunity to shape the future of the Arctic, an opportunity that will likely not come around…
Many in the West suddenly seem to think we’re on the road to a new Cold War. Talk of a return to the era of nuclear rivalry swirls around Russia’s muscular and belligerent grandstanding over Ukraine, and…
The dramatic slide in the value of the rouble has claimed its first banking casualty. Trust Bank is being bailed out by the Russian Central Bank to the tune of US$530m. The emergency liquidity line is…
While this year’s relative stability in crude oil prices appears to have lulled us into a false sense of security, the dramatic fall over the last few weeks reminds us just how volatile these prices can…
Russia’s currency is in free fall. Since mid-year, the incredible shrinking ruble has lost close to half its value, and it is anyone’s guess how much further it might go. Whatever happens, the geopolitical…
After seven years of planning, the South Stream pipeline that would carry gas from Russia to Europe via Bulgaria has been cancelled. After a long-running battle with the EU over the need for the pipeline…
Vladimir Putin has delivered his annual press conference and at the top of the agenda was the Russian economy, reflecting that the turmoil buffeting the Russian rouble has reached critical levels. After…
Sanctions work. Russia’s problems may be manifold and closely related to the precipitous decline in the price of oil, but sanctions have played an important part in bringing Russia to its economic knees…
Russia’s Central Bank has raised its key interest rate from 10.5% to 17% in an emergency move that is designed to halt the ongoing collapse of the rouble, which has accelerated in recent weeks. The dramatic…
Ten years ago, it was received wisdom in western academic, business and policy circles that Ukraine was an archetypal “captured state” – a state owned and run almost entirely by a small, insecure and fabulously…
For this latest instalment in our series on Russia’s relations with its neighbours, we turn to the oil-rich nation of Azerbaijan. Rovshan Ibrahimov argues that the country has rebounded from plumbing lows…
Since the summer, the global price of oil has plummeted. After hovering above the US$100 per barrel level since 2010, prices have declined by around 40% in the space of just a few months. Brent crude has…
Moldova has gone to the polls in a vote seen as crucial for determining the country’s future direction. Preliminary results indicate that the pro-European parties together achieved about 44% of the vote…
Whether through improvisation, opportunism, fear or calculation, 2014 has seen a massive shift in the way political authority works in Russia. Moscow has moved dramatically away from a legal-rational way…
In the year since the conflict in Eastern Ukraine began, more than 4,000 lives have been lost. Fighting continues despite the ceasefire agreement signed in September 2014 and the major powers involved…
Bloodshed in Europe and the Middle East against the backdrop of a breakdown in the dialogue between major powers is of enormous concern. The world is on the brink of a new Cold War, some are even saying…
FIFA appears to have cleared Russia and Qatar of any wrongdoing in their successful bids to host the 2018 and 2022 world cups. Its report recognises that mistakes were made but downplays the level of improper…
University of Canberra Vice-Chancellor Stephen Parker and Michelle Grattan discuss the week in politics including the G20, Russian warships in international waters near Australia, and the tension between…
Michael Bradshaw, Warwick Business School, University of Warwick
Much has been made of the agreement signed by Moscow and Beijing to get gas flowing from western Siberia to China. There is talk of Russia using the deal to offset its isolation from the west and circumventing…