Venezuelan Bolivar bills arranged on a table in a bookshop in Caracas, Venezuela, Jan. 28, 2019 (DPA photo by Marcelo Perez del Carpio via AP Images).

A country’s gold reserves are meant to provide stability and financial ballast, not cash for everyday purchases. Only in the most extreme cases do they become a source of currency for vital supplies. That is exactly what is happening in Venezuela, where the political crisis has triggered the kind of international intrigue usually scripted in Hollywood. The embattled government of President Nicolas Maduro is trying to cash in its reserves while the opposition and its foreign backers maneuver to keep the country’s gold and any hard currency from its sale out of Maduro’s hands. This intrigue involving bank vaults and […]

Members of the Muslim community demonstrate, calling for the disarmament of Anti Balaka factions and for peace in the PK5 district of Bangui, Central African Republic, May 31, 2014 (AP photo by Jerome Delay).

After seven years of war, the Central African Republic has taken a shaky step toward peace. The United Nations announced in early February that the Central African government and 14 armed groups had agreed to a draft peace accord after 10 days of negotiations in Khartoum. The deal is a promising first step, but the drivers of conflict in CAR need to be addressed for a lasting peace to take hold, as competition for natural resources, ongoing ethnic disputes and, to some extent, religious cleavages, have all complicated past peace efforts. The agreement, provisionally signed on Feb. 6, calls for […]

Russia’s Sarmat intercontinental ballistic missile blasts off during a test launch from the Plesetsk launch pad in northwestern Russia, March 30, 2018 (Russian government photo via AP Images).

On Feb. 2, the United States formally declared its intention to withdraw from the Intermediate-Range Nuclear Forces, or INF, treaty. The official declaration, which had been signaled by the Trump administration well in advance, set the clock ticking: Unless Russia unexpectedly returns to full and verifiable compliance with the treaty through the destruction of all its INF-violating missile systems, the U.S. withdrawal will become effective in early August. The formal termination of the treaty will have wide-ranging implications for European security, the U.S. military force posture in Europe, NATO deterrence and defense policy, and arms control. For over 30 years, […]

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OPYTNE, Ukraine—One afternoon in January 2015, 78-year-old Maria Gorpynych stood on her porch and anxiously watched her son Victor run the short distance to the home of a neighboring family. At the time, Opytne, located in the Donetsk region of eastern Ukraine, was caught in the middle of heavy fighting between Russian-backed separatists and Ukrainian soldiers. Victor wanted to help the neighbors wrap a gas pipe in rubber to protect it from shelling. Less than five minutes after he left, Gorpynych saw one of the neighbors running back toward her house. He came bearing bad news: A mine had detonated […]

Russian flags in front of the ancient ruins of Palmyra, Syria, April 8, 2016 (Russian Defense Ministry Press Service photo via AP).

Russia’s intervention in the Syrian civil war was never meant to be long-term. Now that Russia has been successful in saving the regime of Bashar al-Assad, what’s next for Russia’s Middle East strategy? Find out more when you subscribe to World Politics Review (WPR). Russia’s decision to intervene in the Syrian civil war in September 2015 was consistent with its belief that the Syrian state represents the only viable and legitimate actor in the country, and its forces are the only ones worth supporting. Moscow has always been willing to pay a political and military price to prevent a Syrian […]