Russia cannot compete economically on an international level. It is too centralised and taxes are too high. It's population is also shrinking. However militarily they are strong. America is declining and China and Russia (in that order) will replace America as the super powers. China is strong economically but weak politically and if Russia can exploit that than they can become the leading superpower if their population stabilizes. All they would have to worry about is Japan and maybe a possible united Korea