russia

For the first time since the war began, Ukrainian boots are on Russian soil. Troops crossed the border, invading Kursk Oblast, capturing several villages and advancing up to 30 kilometers. According to Ukrainian President Volodymyr Zelenskiy, Kyiv is pushing “the war out into the aggressor’s territory” and demonstrating its ability to “restore justice and exert pressure on the aggressor.” He also […]

  The European Union is seeking to make it more difficult to circumvent its sanctions regime. The 14th package of its sanctions against Russia, in force since June 25, 2024, is designed to increase liability risks for companies that have avoided the previous rounds. By the end of the year, the measures will apply to […]

In a nutshell Conflict fatigue is prompting new approaches to fund Ukraine aid Seizing Russian assets could undermine Western currencies The West cannot easily avoid hard financial choices over the war   For more than two years, Ukraine has been defending itself against the onslaught of the Russian invasion. For just as long, the West […]

  The track record of economic sanctions against Russia has proven what everybody in the West knew, or should have known, from the outset: this is a dubious weapon. The threat of sanctions had provided zero deterrence against Moscow’s ambition to launch a full-scale invasion of Ukraine. Since the war, the subsequent implementation of sanctions […]

  The message in today’s media is that the West is heading toward war with Russia. Politicians are now joining in. The President of the European Council, Charles Michel, has been very direct on that point. French President Emmanuel Macron has echoed him recently. Germany’s Chancellor Olaf Scholz is petrified of provoking Russia. And Europe […]