The US capture of Maduro exposes Russia’s limited power, while normalising a force-based world order the Kremlin can exploit to legitimise its war against Ukraine
Putin’s 2025 Direct Line makes clear that Russia is being locked into a present defined by war, economic constraint, and permanent confrontation with the West, with no vision for the future
Russia’s war has created both winners and losers, yet neither group is able to shape or secure the outcome it wants
A clash between Russia’s revanchist vision of European order and the West’s sovereignty-based model is driving Europe’s security crisis, now intensified by a weakening US commitment
A settlement on Russia’s terms would entrench Moscow’s gains, destabilise Ukraine, and undermine the foundations of Europe’s security order
Russia’s foreign policy is in crisis, weakened by war, ageing leadership, and a steady loss of regional influence
The Kremlin’s nuclear rhetoric blurs the line between deterrence and war, making escalation unlikely but entirely possible
As US–China relations improve, the Kremlin faces risks greater than those from sanctions or domestic pressures, exposing its growing dependence on Beijing
Moscow sees Trump’s attempts to secure a ceasefire not as a show of weakness – a chance to gain more, not to make a step towards peace
Since 2022, the Kremlin has cast the UK as enemy number one – reviving Anglophobia and targeting Britain across propaganda, culture, and cyber
Russia’s 2026–2028 budget shows managed stagnation: war spending dominates, society adapts to economic pressure, but optimism is starting to fade
New EU sanctions against Moscow are unlikely to be effective, with other measures seen as necessary to weaken Putin
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