Trump’s victory has reconfirmed Putin’s view that the west is so politically unstable that policies can drastically change with every election cycle.

BRICS is emerging as a sandbox for experimentation with various non-USD instruments, including payment systems, cryptocurrencies, digitalized mechanisms for trade in national currencies or through barter, and hubs for commodities trading outside of dollar dominance.

As BRICS has expanded its membership during the past year, it has grown to encompass nearly half of the world’s population, lending it greater credibility as a platform for reflecting an increasingly multipolar world. Yet despite this expansion, the group continues to face internal divisions.

U.S. officials have confirmed that North Korea has sent troops to support Russia in its ongoing war against Ukraine. But what does North Korea stand to gain from this move? Alexander Gabuev discusses what this development means for the future of the Russia-Ukraine war.

In a series of four new cross-cutting studies, Carnegie scholars and affiliates examine Türkiye’s policy orientations and their impact on the United States, and by extension, the transatlantic partnership.

Podcast host Alex Gabuev is joined by Maksim Samorukov, a fellow at Carnegie Russia Eurasia Center, and by Paula Erizanu, a prominent writer and journalist from Chisinau who writes for Financial Times, The Guardian and The New York Times, to discuss the upcoming presidential election in Moldova and what leverage Moscow still has to interfere in Moldova’s path toward the EU.

As the transatlantic allies adapt to Europe’s new geopolitical realities, maintaining unity against Russia will be critical. Türkiye will have a pivotal role to play in this long-term effort.

Russia’s nuclear shield insures it against NATO’s large-scale involvement in the war in Ukraine, but below that threshold, the West is doing more and more to support its Ukrainian allies, leaving the Kremlin facing the difficult question of how to restore the effectiveness of its deterrent.

Podcast host Alex Gabuev is joined by Alexandra Prokopenko, a fellow at Carnegie Russia Eurasia Center, and by Alexander Kolyandr, a financial analyst and non-resident senior scholar at the Center for European Policy Analysis, to discuss the state budget for 2025/26 and the prospects of the Russian economy in coming years.

Rather than bemoaning the emergence of the BRICS, the West should court those member states that have a stake in making sure that the grouping does not become an overtly anti-Western outfit intent on undermining the global order.