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Michael Demurin28.10.2026

To understand the “Dmitriev channel” in Russia’s relations with the United States, it is worth looking back at the Soviet Union’s response to the Marshall Plan. The publicly reported results of Kirill Dmitriev’s visit to the United States reveal little that is fundamentally new. Yet the issues discussed, and the terms in which they were […]

Kamil Askerkhanov27.10.2026

Part I. History offers some guidance. After the crash of 1929 and the banking crisis that followed, America’s economic system underwent a radical transformation. The state took on a much more active role in economic life. In 1933 Roosevelt’s administration created the Tennessee Valley Authority, a state-owned corporation charged with developing the energy and infrastructure […]

Kamil Askerkhanov26.10.2026

Who-will-own-the-digital-world-after-the-bust-Part-I.jpg

In recent remarks by Donald Trump and Larry Fink, the boss of BlackRock, there is a striking contradiction—one that, in my view, ought to be read in the context of a looming global financial and structural economic crisis. Indeed, what is now taking shape increasingly resembles the sort of dynamics that preceded the Great Depression […]

Dmitri Drobnitsky25.10.2026

President Donald Trump’s temporary suspension of the so-called Graham sanctions has provoked outrage in Congress. In doing so, America’s legislators have displayed a familiar parliamentary vice: collective irresponsibility. Mr Trump invoked the waiver provisions of the sanctions law named after the late Senator Lindsey Graham. Such provisions are hardly unusual in American sanctions legislation. The […]

Yuri Chekalin24.10.2026

Time moved differently here than in Shinjuku, where it raced along on roller skates, or in quiet Nakano, which always seemed to have been pressed flat with an iron. Ikebukuro was like the worn pocket of a fall coat, where you might find someone else’s fifty-yen coin, a movie ticket from five days ago, and […]

Sergey Stankevich24.10.2026

The first tankers carrying diesel loaded at Russia’s Baltic port of Primorsk are already on their way to their destinations. The diesel deal between Donald Trump and Vladimir Putin began on October 9th, 2026, following a lengthy telephone conversation in which the two presidents agreed on its terms. Mr Trump announced the agreement on Truth […]

Yuri Chekalin23.10.2026

That November in Tokyo was unusually cold and rainy. Every morning I got up at six, made coffee in an old Italian moka pot, and watched the gray Tokyo sky grow lighter beyond the window of my rented apartment in Gotanda. My contract was ending in December. Soon I’d have to pack my things, say […]

Kamil Askerkhanov22.10.2026

Is a struggle for influence inside Ankara reshaping Turkey’s place in a changing world order? Turkish President Recep Tayyip Erdoğan recently issued a striking warning. Great nations, he suggested, face great trials, and Turkey once again finds itself at the center of a broader geopolitical struggle. He cautioned that forces seeking to divide the region […]

Dmitri Drobnitsky20.10.2026

The Starshield Controversy and the Question of Presidential Authority. Reuters appears to be pursuing a sustained effort to establish one politically consequential proposition: that an order to restrict Ukraine’s access to SpaceX’s Starshield services originated in the White House, but not with President Donald Trump. A new Reuters report, already generating considerable discussion in the […]

Kamil Askerkhanov18.10.2026

The conflict in Ukraine is inexorably approaching its end. Yet the cessation of hostilities will leave behind questions far more complicated than those currently being discussed at the negotiating table. What political order will emerge in the region? Where will new borders be drawn? And what security architecture will take shape amid the ruins of […]

Russia’s American Temptation

Who will own the digital world after the bust? Part II.

Who will own the digital world after the bust? Part I.

The sanctions that were never meant to bite

The Narrow Door

The Diesel Deal Gets Moving

A Confession of Love

Erdoğan’s Warning

Who Is Really Calling the Shots?

Ukraine: From Nation-State to Diasporic Nation

Russia’s American Temptation

Who will own the digital world after the bust? Part II.

Who will own the digital world after the bust? Part I.

The sanctions that were never meant to bite