The first few months of 2014 brought an unprecedented collapse of the Russian Federation's image on the world stage, the worst since the end of the Cold War. The events in Ukraine and the reaction to them by a significant number of countries in the international community, quickly demoted Russia to that group of countries whose foreign policy provokes harsh condemnation. For the first time in decades, international sanctions have been put in place against Russia, adopted by a large number of the world's largest countries, de facto downgrading Russia to the rank of a rogue state; these sanctions are intended to exert pressure on the elite, who are responsible for implementing certain foreign policy decisions. For many experts, the events are associated with a new and sudden sea-change in Russia's foreign policy. However, it appears to us that the current stage of cooling relations with the West is a logical consequence of the way in which the Russian state was constructed in recent years; in fact, a different scenario could hardly have been anticipated. This article presents the author's view of the mechanisms and logic that shaped Russia's foreign policy course, which has evolved through several iterations in the last three years. The below analysis could facilitate a fuller understanding of Russian motives in international relations, and help find opportunities and mechanisms for dialogue between Russia and the West.Vladimir Putin's new presidential term, which began in 2012, was typified by a significant transformation of Russia's foreign policy, both with respect to neighboring states, and world politics in general. The majority of pundits tend to link this transformation with domestic, social processes in Russia itself, an increasingly active public and a qualitative transformation of the Russian elite. However, we consider that Russia's current foreign policy concept is a complex combination of three factors, which are both foreign and domestic:A. The evolution of the political system, which took place as a result of competition between different groups within the Russian elite, over the past 3-5 years. As a result of these processes, Russia's political spectrum has a complex structure, which includes liberal-economic, conservative-political and oligarchic elements. Competition between these groups is a major factor behind the complex character of Russia's current foreign policy.B. The Eurasian economic and political integration project which, in the mindset of Russian leaders, is the key to Russian development in the 21st century. Success or failure in implementing the giant steps required to re-integrate post-So- viet space is seen as the main indicator of the effectiveness of the Russian political system today, and its foreign-policy strategies.C. The international security situation, which features a wide range of uncertainties and threats in the Middle and Far East, as well as Central Asia and Afghanistan.We consider it important to analyze how much the above factors influence current Russian foreign policy, and then ascertain how much each factor can influence policies. This analysis will offer answers to key issues about the dominant factors in foreign policy decision-making in today's Russia, e.g. whether policy-making is reactive or proactive, and what transformations the next few years will bring.The Russian EliteTo answer the questions raised, we must first determine the structure of the Russian elite today. This stratum can nominally be divided into two, deeply inter-connected segments. The first is a hierarchy: the distribution of economic and financial influence and interests within a ruling class that took shape during the first presidential terms of President Putin. The second is the values of the members of the elite who occupy the country's political governance system.The Russian elite, taken in general, are fairly well understood. Between 2000 and 2010, four main groups of influence emerged in Russia. …