Moscow prefers to ignore occasional backsliding by its ‘Serbian friends’ as it sees the relationship with Belgrade as crucial to sustaining the semblance of Russian influence in the Balkans.

Vladimir Putin is seeking reckless new ways to impose costs on the US and its allies

Twenty years ago, the Kremlin broke the power of local elites—but now Putin’s aversion to change means they are making a comeback.

Some are finding ways to make money in wartime Russia, but no one views the country as a safe place to keep savings. Ultimately, it is only high savings rates and a lack of alternatives that are keeping the last remaining investors in the Russian financial market.

Entrenched divisions in Bosnia and Herzegovina have hampered EU and U.S. efforts to build functional institutions and integrate the country into Western clubs. Dysfunctionality in turn provides fertile ground for meddling by Russia, which appears to have won the battle for the hearts and minds of Bosnian Serbs.

In response to “Why Ukraine Should Keep Striking Russian Oil Refineries” by Michael Liebreich, Lauri Myllyvirta, and Sam Winter-Levy.