The financial crisis in Cyprus raises two interesting questions. Of Russia and Europe, which needs the other more? And despite the outrage from Russian depositors who’ve lost money in their Cypriot bank accounts, could the crisis ultimately help Russia?...

THE blue-glass skyscrapers of Moscow City — fragments of Russia’s boom-time dream — are visible from the Kremlin walls, within which there was once hope that those towers could supplant the West’s financial centers. When the sun sets behind them, you...