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Stories (5)

diplomacy

Putin and Xi Declare Multipolar World in 2023

Putin and Xi used a Beijing summit to press a joint push for a “multipolar world,” signing a declaration and extending nearly all-important cooperation documents. Highlights include: - A joint declaration on building a multipolar world, signaling defiance toward U.S. influence. - 20 agreements signed in Xi-Putin presence, with another 20 to be announced separately. - Putin and Xi touted deeper bilateral cooperation and a model partnership for major powers, with warnings abou

2026-05-24
economy

Russia 2026 Growth Forecast Cut Amid Oil Decl

Russia cuts 2026 growth forecast as wartime spending and weaker oil revenues weigh on the economy. Key points: - GDP growth forecast for 2026 slashed to 0.4% from 1.3%, signaling a prolonged slowdown. - First-quarter economy contracted 0.3%; inflation remains elevated. - Government bases forecast on conservative oil-price assumptions ($59/barrel in 2026, $50/barrel 2027–2029), aiming to curb spending amid falling revenues. - Any extra energy income would be funneled into the

2026-05-24
security

Putin and Xi's Beijing Meeting Outcomes

Putin and Xi met in Beijing on May 20, 2026, signing about 40 documents aimed at deepening multipolar international relations and China–Russia cooperation. Key outcomes: - No firm date or pricing for the Power of Siberia 2 gas pipeline; basic route and construction parameters discussed, but timeline remains unresolved. - Russia and China reiterated calls to address the root causes of the Ukraine crisis; China’s stance described as objective and impartial. - reaffirmed opposit

2026-05-24
security

NATO's Threat to Kaliningrad: Russia's Fury

- Lithuania’s Foreign Minister Kestutis Budrys said NATO could “level” Kaliningrad’s air defense and missile bases if needed, a remark that drew strong condemnations from Russia as “madness” and “suicidal paranoia.” - Budrys also warned of vulnerabilities in Lithuania’s air defense against Russian and Ukrainian drones, noted the absence of long-range defense and the increased risk of incidents since the Russia–Ukraine war, and affirmed faith in Article 5 and allied support, w

2026-05-24
security

Putin's Lavish China Visit: No Major Deals

Summary: - Putin’s China visit underscored a strong Russia–China relationship, with over 20 cooperation agreements across trade, tech, and security, but no breakthrough on the Power of Siberia 2 gas pipeline. - Analysts view the trip as high on symbolism and strategic signaling, reinforcing multipolar world views and close, autonomous foreign policies for both nations. - The talks highlighted a shared stance against U.S. unilateralism, and Xi Jinping explicitly criticized Wes

2026-05-24