Key Points

Russian aggression cannot go unanswered. History suggests that when Putin thinks he can get away with aggression in the region, he will not hesitate to act accordingly.

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Parliamentary elections will be held in Moldova in February 2019. Pro-European Union parties see the vote as crucial for continued momentum following an Association Agreement in 2016. Recent mayoral elections in Chisinau, however, may be a bad omen for transparency and court interference. Russia has stated zero tolerance for more “color revolutions,” as their actions in Ukraine have shown. For Erdoğan, keeping the status quo in Moldova, i.e., weak institutions and rule of law, is more favorable than EU accession. A poor and corrupt Moldova will allow Russia and Turkey to continue to play power politics not only in the EU’s backyard but also with the minorities at home. Such machinations may doom the tiny Gagauz to be pawns in Putin and Erdoğan’s greater regional ambitions for territorial and spiritual domination.

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Moldovan authorities now have the chance to prove they intend to fight this scourge by passing the Global Magnitsky legislation.

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As tensions continue to mount, not only the Ecumenical Patriarch, but also the Eastern Orthodox Church could become the next battleground of Putin’s expansionist ambitions, and their odd resonance with Erdogan’s own bid for the leadership of the Muslim world.

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Before the U.S. can do that, it first needs to do two things: One, the U.S. government should assess the status of blockchain technology development by key U.S. adversaries like Russia, China, Iran, and North Korea. Second, America should develop a National Digital Currency and Blockchain Strategic Plan that maps out ways to ensure that American firms, talent, and government agencies stay ahead of the potential cryptocurrency curve. Recently, U.S. Federal Reserve governor Lael Brainard expressed her confidence that the dollar will remain the world’s dominant reserve currency. Let’s hope such sentiments do not lead to complacency. If they do, the cat and mouse game could instead turn into the fable of the tortoise and the hare.

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Events

EVENT: The Battlefield of Today and Tomorrow: Cyber-Enabled Economic Warfare

November 13, 2018 | 10:00

Projects