russia
The war in Ukraine is approaching its fourth year, with an enormous toll in human lives and resources. Western allies have gradually allowed Ukraine to deploy modern missile technology across the Russian border. While this escalation has inflicted damage on Russia, it appears to be too little, too late. However, it might pressure Moscow to […]
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 […]