Russia

Crimean crisis: A New Phase of Cold War?

Putin seems to have concluded that Russia must draw the line at Ukraine. The EU bid to sign trade agreement with Ukraine in December drew Russia’s ire and now Russia has moved to make Crimea its part thus changing the borders in Europe once again and deepening the distrust between Russia and the West at a time when serious issues like Syria, Iran and Afghanistan are yet to be resolved.

Chess Game over Crimea

The West will be compelled by their own threats to impose economic sanctions against Russia. But Russia is no Iraq or Iran and may very well retaliate against Western companies, for example, Exxon Mobile is active in Russia and there are 6,000 German companies in Russia.

Crimea: Thaw in Tensions?

While President Putin has conveyed the message of tough military action, it is highly unlikely that he will order his troops to invade the majority ethnic Russian region of Crimea. Military brinkmanship can be seen as an attempt to force the West to include Russia as a partner in settlement of the crisis.

Russia and China in the Arctic: A Team of Rivals

The Arctic is beginning to test the stage-managed optics of China and Russia’s ‘strategic partnership’. Friction was most recently on display after the Arctic Council’s May 2013 decision to confer permanent observer status on Beijing. The Chinese media celebrated the move as an affirmation of the nation’s ‘legitimate rights’ in Arctic affairs.1 Russian officials were much less enthusiastic.

Future of Golden BRICS

With the successful holding of the fifth summit of Brazil, Russia, India, China and South Africa (BRICS) in Durban during March 26–27, 2013, this influential group of emerging economies completed its first important phase of genesis and evolution. The idea was floated in 2001 as an ‘acronym’ created by an investment banker of Goldman Sachs, Jim O'Neil who believed that the fast-growing economies of Brazil, Russia, China and India would be the single greatest game changers in coming times.