Rosatom actively generates Russian long-term influence abroad by promoting nuclear dependence
Russia’s economy is stagnating as tight monetary policy suppresses demand, while growth remains increasingly reliant on military spending and higher oil revenues
Public concern about the economy is growing in Russia, yet dissatisfaction has not turned into protest
The Putin regime remains resilient, but mounting economic, elite, and social pressures could over time begin to reinforce one another in destabilising ways
The Russian authorities are seeking sources of funding for the growing budget deficit, while preparing to tighten fiscal discipline and mobilise resources
Production, exports and revenues are declining; sanctions mostly changed how Russia sells, not how much it sells
Russia enters 2026 with inflation under control but growth exhausted: a war-driven economy, fiscal constraints, and sanctions leave little room for recovery and heighten the risk of recession
The Kremlin quietly endorsed Lukashenka’s limited deal with Washington, seeing it not as a threat to its control over Belarus, but as a test case for US sanctions relief and a potential wedge in transatlantic unity
Russia’s ties with India endure despite Western pressure, highlighting the limits of US leverage and Moscow’s continued room for manoeuvre
Russia’s war has created both winners and losers, yet neither group is able to shape or secure the outcome it wants
Russia enters 2026 with slowing growth, rising fiscal strains, and a weakening industrial base, increasing the likelihood of a renewed budget shock
Russia’s economy has adapted to war but stalled. Fiscal strength masks decline as innovation and talent drain away – giving way to stagnation
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