Executive Summary This report provides an analytical assessment of the North Caucasus Federal District (NCFD) based on developments presented at the Kavkaz Investment Forum 2025, recent macroeconomic data, and ongoing geopolitical dynamics. This analysis evaluates investment prospects, pinpoint sector-specific opportunities, and assesses the wider strategic ramifications of current regional economic …

Executive Summary This report examines Iran’s strategic posture in the South Caucasus following Deputy Foreign Minister Saeed Khatibzadeh’s remarks at the Yerevan Dialogue 2025 forum. Highlighting Tehran’s stance on regional stability, his address stressed the importance of an Armenian-Azerbaijani peace agreement and the Armenia-Iran corridor’s geopolitical significance. The analysis provides …

The security calculations of the Shia Muslim-dominated government in Baghdad were upended by the collapse of the Assad regime in neighboring Syria, which brought Sunni Muslim Islamists to power on Iraq’s western border. The Türkiye-backed political change in Syria leaves Iran as Iraq’s main remaining regional ally. Iraqi Shia leaders …

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This paper examines the complex situation of foreign fighters in Syria after the change of the former regime, details their composition, explores the long-term challenges and risks arising from their integration into the new Syrian army, their leadership roles, and the consequences of this locally and internationally, and addresses the …

Le débat fait rage dans les pages du magazine hongkongais Asia Times : que se passera-t-il si – non, plus «si», mais «quand» – les États-Unis, avec leurs alliances militaires et leurs engagements, se retirent d’Asie ? Dans un article récent sur ce sujet, le chercheur singapourien Marcus Lo se …

Comment l’Europe, aveuglée, sacre-t-elle un pantin devenu tyran, niant la vérité et semant la ruine de l’Ukraine ? Cet article, né du rêve perdu de 1989, dénonce un narratif occidental arrogant, effaçant les voix russophones. Citoyenne européenne indignée, je pleure notre complicité dans une honte que l’histoire lucide jugera.

Le chancelier allemand Friedrich Merz commence à s’embrouiller dans ses déclarations. Lundi encore, il a fait une déclaration pathétique selon laquelle, désormais, les forces armées ukrainiennes pourraient utiliser toutes les armes fournies par l’Occident comme bon leur semble, ce qui changerait complètement la donne sur le front.

We do not report in detail on war crimes because these activities are well-covered in Western media and do not directly affect the military operations we are assessing and forecasting. We utterly condemn violations of the laws of armed conflict and the Geneva Conventions and crimes against humanity even though …

Western insider reporting about Kremlin demands to end the war in Ukraine continues to align with repeated public statements from Kremlin officials outlining Russia’s demands, indicating that Russia’s goal of Ukrainian capitulation and destruction of NATO remains unchanged. Reuters reported on May 28 that three Russian sources familiar with the …