putin

Why Putin and Trump Should Both Want Quick Peace Deals

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IN UKRAINE and Iran, the world has two major wars that are both highly destructive in their own right and carry the potential for wider great-power conflict. Thankfully, they are also ripe for settlement, because in each case, the attacking side has very little prospect of attaining its goals by continuing the fight. So why is … Περισσότερα

Russia’s Economy Faces New Oil Shock as Sanctions and War Costs Mount

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Russia’s Oil Dependence Faces New Risks as Global Supply Shifts For decades, crude oil has been the central pillar of Russia’s economy, outweighing even its once-lucrative natural gas exports to Europe. That dependence is now under renewed pressure as concerns grow over a potential fall in global oil prices, driven in part by US plans … Περισσότερα