Lockdown measures and falling crude prices have taken their toll, despite official optimism.
Investors are exploiting cheap power with dire consequences.
Landmark deal may finally facilitate pipeline to Europe – if the Europeans are still interested.
Resentment of their presence is deeply connected with historical memories of occupation.
Families whose houses were destroyed in the conflict face a cold winter and uncertain future.
Engagement has focused more on economic cooperation than conflict resolution.
Hi-tech weapon systems bought with oil revenue ultimately tipped the balance.
With questions remaining over implementation, any move towards reconciliation seems far away.
Moscow’s role, as in other secessionist conflicts in the region, has been key.
The scale of hostilities, including the use of precision-guided weapons, has already exceeded previous escalations.