This report results from a year long study conducted by the Hudson Institute and partially supported by the Smith Richardson Foundation. Principal Investigator Richard Weitz produced the report, supported by several commissioned papers and a day-long policy workshop, to assess the possible evolution of the main foundations of Russian power, focusing on key transition points and the windows of strength and vulnerability they create for Russian policy makers.

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President Donald Trump shakes hands with President of the European Commission Ursula von der Leyen as he announces a trade deal with the EU at Trump Turnberry golf club on July 27, 2025, in Turnberry, Scotland. (Andrew Harnik via Getty Images)