Recent Posts

Don’t ignore the exchange rate: How a strong ruble can shield Russia

As the Russian ruble began its recovery in March from a sanctions-induced collapse following the Kremlin’s invasion of Ukraine, Western governments began arguing that the exchange rate shouldn’t be used as an indicator of the effectiveness of their sanctions. The Russian financial system may have withstood the initial shock—but a …

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Three possible futures for a frozen conflict in Ukraine

Three months into Russian President Vladimir Putin’s invasion of Ukraine, the prospects for a decisive Kremlin victory have evaporated. Yet even amid Russia’s battlefield failures, the heroic Ukrainian resistance, and abundant Western military aid, the tide has not completely turned.

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US rejects entry to 16 Afghans staying at base in Kosovo, seeks to relocate them to other countries

A group of 16 Afghan evacuees living at an American military base in Kosovo since the fall of their country to the Taliban last year have been deemed ineligible to enter the U.S., according to media reports and government officials. The State Department is seeking other countries willing to take …

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