Important decisions with possible consequences for the South Caucasus

On November 21, the United States imposed sanctions on Gazprombank, Russia's third-largest bank, along with six of its subsidiaries abroad, over 50 Russian financial institutions, 40 securities registrars, and 15 financial officials.

In a dramatic policy reversal, President Joe Biden has reportedly given Ukraine the green light to use U.S.-supplied ATACMS missiles for strikes deep inside Russian territory. This decision, revealed in reports from multiple sources, marks a significant departure from the previous cautious stance held by Washington, which had previously limited the use of these weapons to targets within Ukraine’s borders. The move comes at a pivotal moment, just two months before the expected transfer of power to newly elected President Donald Trump, who has vowed to reevaluate U.S. support for Ukraine.

The results of the U.S. presidential election sent shockwaves across the globe, and its reverberations continue to be felt. This event is no longer seen as merely a domestic issue but is regarded as one of the key developments shaping the course of world history. Historians often refer to a popular notion: the history of the United States was an "American history" up until the 20th century; after that, it became "world history."

The U.S. presidential election, closely watched worldwide, ended unexpectedly with a convincing victory for Trump. He received 5 million more votes than Kamala Harris—a rare margin in American politics. Additionally, Republicans regained control of the Senate, having already held a majority in Congress.