Eurasia

Yet More On Inflation

Last week, I was on a panel with Jason Furman and Joseph Stiglitz, discussing the recent surge in inflation and the prospects for the future. We took some questions from the audience, but there were a number for which we did not have time. I have picked some of these …

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The Ukrainian War In The Economic Arena

War, as well as causing death and destruction, is harmful to economies: it destroys physical and human capital, increases uncertainty and stifles investment and consumption. But in addition to the direct economic impact of the war in Ukraine –which will bring both the Ukrainian and, owing to Western sanctions, the …

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Sanctions Against Russia Are The Lockdowns Of 2022

Russia’s invasion of Ukraine is nearing its second week. Vladimir Putin’s military continues its push west, with clear attempts to encircle Kyiv. To date, thankfully, America and its North Atlantic Treaty Organization (NATO) allies have held off pleas from President Volodymyr Zelenskyy to enforce a no-fly zone, which would risk …

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Ukraine Crisis: The Next Biden Defeat?

The only credible military force in Europe is the US army, and the essential decisions for the defense of Europe are taken in Washington, DC. Cyberattacks from Russia affected hundreds of American companies during 2021, but elicited virtually no reaction from the Biden administration apart from more concessions to Russia, …

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Stäng av gaskranen – innan Putin gör det

I slutet av februari skänkte EU 500 miljoner euro för inköp av vapen till den ukrainska militären. Beslutet var historiskt, men summan bleknar i jämförelse med vad EU:s länder betalar Ryssland för dess olja och gas. Tidigare har det handlat om omkring 350 miljoner euro – per dag. Men de …

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Sanctioned Russian oligarchs found sanctuary in Britain

Russian oligarchs and their families have been buying property, paying for private schools and enjoying luxury lifestyles in the UK for years despite being on international sanctions lists, the Bureau can reveal. The US and other powers including European Union and Canada sanctioned a number of oligarchs believed to be …

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A War-Weakened Russia Has No Strategic Value to China

Scarcely more than a week ago, Chinese social media and the country’s internet were ablaze with quick takes from both prominent commentators and ordinary folks praising Russian President Vladimir Putin’s armed bid to subdue Ukraine, as well as with fervent celebrations of what many in China saw as a toothless …

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Kazakh-Russian Relations in the Context of the War in Ukraine

Does Kazakhstan owe Russia a “debt” for Moscow’s help in January? And what should we make of Kazakhstan’s neutral position on the unfolding conflict in Ukraine? Currently, Russia is at war with — or as the Kremlin calls it, engaged in a “special operation” in — its former Soviet counterpart …

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Will Putin Lose Russia?

His Grip on Power Rests on Fantasy and Fear On February 25, barely a day after Russian tanks, troops, and planes began a full-scale assault on Ukraine, the Kremlin restricted access to Facebook. The following morning, Twitter was disabled for most Russian users. At the same time, in the Russian …

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The Ukraine Dilemma

Can the West Save Kyiv Without Starting a War With Russia? In the months preceding the Russian invasion of Ukraine, as U.S. intelligence agencies warned that Russian President Vladimir Putin was planning an attack, the United States and its allies pursued two strategies in sequence. First, they tried to control …

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