Nuclear Doctrine.

We analyse the key factors and strategic shifts, both long-term and recent, prompting Russian leadership to reconsider its nuclear doctrine. We also explore the differences between internal discussions and current expectations, shedding light on Putin’s potential willingness to consider nuclear options.

Domestic Energy Politics.

We delve into the latest political dynamics surrounding the new energy minister, Sergey Tsivilev. Tsivilev’s assertiveness and ambitions—possibly hinting at nationalization plans—have raised concerns among energy giants. In response, the energy commission, led by Igor Sechin, has been revitalised as a countermeasure. This emerging conflict may soon require Putin’s intervention.

The Budget Draft And The War.

Social welfare, technological advancement, and—most critically—military spending are the core priorities of the new three-year federal budget. We examine how Putin is balancing the need for social stability with the unprecedented demands of the war, along with the implications for financial policy.