Where does Putin (and the Russians) fit in? Here's a suggestion:
Different guises of the King of the North : The Syrian Seleucid dynasty would be established to the north of “the beautiful land”, Israel. Daniel was to call it King of the North. Under the Seleucids the Israelites would suffer. Determining the identity of the King of the North from here on would prove to be more problematic, since he would undergo many identity changes. His chief identifying mark would be his vehement opposition to the King of the South. In Dan. 11:20 Rome would don the mantle of the King of the North. This would muddy the waters somewhat. Eventually his identity would migrate from the Syrian Seleucid-line of kings and Rome to the Germanic Empire.
The new King of the North, with his Axis powers, would oppose the King of the South and his Allies in two World Wars (cf. Dan. 11:28, 29a). One of his predecessors will unleash a new, oppressive force on mankind, called Communism. In 1917, after Russia’s czar abdicated, Kaiser Wilhelm sent Nikolai Lenin from Switzerland across Germany and Sweden to Russia to spread Bolshevism (or Communism), for the purpose of weakening the Russian armies. The King could not foresee the dire consequences of his actions. He would awaken a cruel giant that would come back to haunt him (cf. Dan. 11:31a, 36-39).
True to form, after subjugating the Germans in 1944, the USSR and fellow Communists would take over the mantle of King of the North. This King of the North would rid himself of all Roman influence. He would be one of the primary movers behind “the disgusting thing that is causing desolation” (cf. Dan. 11:31b), supposedly a peace keeping organization.
Even so, those countries belonging to the Warsaw Pact, a cooperative treaty organization of European Communistic nations, would wage a protracted war of attrition, the “Cold War”, against NATO, the defensive arm of the King of the South (cf. Dan. 11:40). With the demise of the communistic USSR, the waters would become murky yet again. The King of the North would crawl into a hole of inactivity and lick his wounds.
The King of the North would undergo a complete make-over. A rejuvenated King of the North would crawl out of his hole, surrounded by a troupe of allies. Of this grouping, Russia and the People’s Republic of China would take the lead. Russia is a major energy exporter. The nations of the world, especially those in the West, would become dependent on its oil and natural gas. China, on the other hand, is renowned for its impregnable State-controlled “closed” economy with its powerful industries. The Chinese economy has recently surpassed that of Japan, becoming the second largest economy of the world. Not only would this new King of the North alter his outward appearance, he would also change his strategy. He would initiate a new kind of war, i.e., economic warfare, against the King of the South. The King of the North would attack the King of the South and his allies by means of BRICS, a powerful economic conglomerate of emerging nations, consisting of Brazil, Russia, India, China, and South Africa, representing the African Continent.