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Bulletin No. 1 (175) 2026

January 13, 2026
Trump Seizes Maduro; Ukraine Talks Advance; Moscow Hardens Line; Kozak’s Future Questioned; Business Voices Discontent

OVERVIEW OF KEY TRENDS

IN FOCUS

Ukraine And Venezuela: Russia Seeks Better Tactics

  • Trilateral Contacts

  • Security Guarantees

  • Russia's Expectations

  • The Venezuela (And Greenland) Factor

SIGNIFICANT DEVELOPMENTS

The US Takes Maduro: Domestic Aspects

  • Moscow’s Confused Reaction

  • Indignation Among The Ultra-Patriots

  • Economic Aspects

Putin And Russian Big Business

Games Around Kozak

A New Wave Of Xenophobia

INDICATORS

  • What Russians Expect From 2026

  • Russia's Industrial Slowdown In 2025

R.Politik RECOMMENDS

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Brief presentation

This edition examines the complex interplay between the US-led Ukraine peace talks and Russia’s geopolitical recalibrations. Washington and Kyiv have reached a near-complete framework for peace, centred on long-term Western security guarantees for Ukraine. Russia, meanwhile, finds itself isolated and uncertain: the proposals are fundamentally at odds with its war aims, yet Moscow is reluctant to alienate Donald Trump, whose administration has taken a harder stance by seizing Russian-linked vessels and targeting the shadow oil fleet. The alleged drone attack on Putin’s Valdai residence has given the Kremlin a pretext to escalate militarily while blaming Kyiv for undermining negotiations.

SIGNIFICANT DEVELOPMENTS

  • Trump’s capture of Nicolás Maduro: fear and awe in Moscow, with visible discrepancies over how to respond.

  • Putin’s year-end meeting with business leaders: growing uncertainty over interest rates, inflation, and stagnating investment.

  • Dmitry Kozak’s political trajectory: renewed speculation over whether he is a potential prime minister or a sidelined figure.

  • Anti-migrant backlash: escalating xenophobia highlights internal rifts between security agencies and economic ministries.

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