At an event on the sidelines of the St. Petersburg International Economic Forum, Russian Finance Minister Anton Siluanov made a telling remark. In his words, the country’s federal budget, which has posted a deficit in the first part of the year, is weathering “serious turbulence.” The comment came in response …

The St. Petersburg International Economic Forum is known for the noise it generates in the news media, but SPIEF also hosts some substantive discussions. This year, one of the forum’s most consequential exchanges was between high-ranking officials and state bankers about Russia’s risk of recession. The first to raise the …

Hezbollah’s strategic restraint amid escalating Iran-Israel hostilities marks a significant shift in the region’s balance of deterrence. Once seen as Tehran’s most loyal and responsive proxy, its decision to hold back, even after the assassination of its leader and heavy blows to its infrastructure over the past 18 months, signals …