Recent Posts

Two Less Obvious Lessons For Baltic Defense From Russia’s Invasion Of Ukraine

Russia’s invasion of Ukraine has reaffirmed NATO’s purpose and the importance of collective defense. It has also pushed defense of the Baltic states back into the alliance’s limelight. The key lesson so far has been that more military power on the eastern front is necessary. The Baltic states have been …

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State-Owned Enterprises And Asia’s Energy Transition

State-owned enterprises (SOEs) in Asia are in a unique position to take a leading role to shift economic activity from polluting to green. Yet so far, most SOEs have underutilised green financial instruments, such as green bonds, to support this transition. This leaves ample room for growth which could spur …

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Unfettered By Western Sanctions, A Russian Bank Delivers Wages To Soldiers Invading Ukraine

On June 10, Albina Abayeva posted a short remark on the social network VK: “Gazprom zp has come,” it said in Russian. Cryptic, but in context the meaning was clear: Her husband, who was fighting in Russia’s war against Ukraine, had received his wages from the military, and they came …

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