Russia spent at least $300 million meddling in foreign politics, elections since 2014, U.S. says

Vladimir Putin
(Image credit: Gavriil Grigorov/Sputnik/AFP/Getty Images)

Russia has secretly given at least $300 million to foreign political parties, candidates, and officials in more than 24 countries since 2014 in order to shift elections and shape political events in Moscow's favor, the Biden administration said Tuesday. U.S. intelligence agencies detected Russia trying to buy influence in Albania, Montenegro, Madagascar, and maybe Ecuador, a U.S. official told reporters, and Russia's ambassador to one Asian country gave millions of dollars in cash to a presidential candidate in that country.

U.S. intelligence "assesses that these are minimum figures and that Russia likely has transferred additional funds covertly in cases that have gone undetected," a senior Biden administration official said. "By shining this light on Russian covert political financing and Russian attempts to undermine democratic processes, we're putting these foreign parties and candidates on notice that if they accept Russian money secretly we can and we will expose it."

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Peter Weber, The Week US

Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.