In an impassioned speech Wednesday, Ukrainian President Volodymyr Zelensky asked Congress whether it was “too much to ask” for the United States to declare a no-fly zone over Ukraine. So far, though, the answer is yes.
Thousands of Russians fearing the political and economic fallout of the Ukraine war have fled to Istanbul, with most planning to travel on to Europe or former Soviet republics.
Europe has been looking to Azerbaijan, Israel and other countries to transit gas via Turkey, but assuming political obstacles can be overcome, the massive investments needed will take time to realize.
The build-up of Russian troops on Ukraine’s borders and the subsequent brutal invasion has sent European leaders rushing to find new sources of natural gas to replace at least a significant part of the 155 billion cubic meters of gas that the European Union imported from Russia last year — around 40% of its total consumption. But securing new pipeline gas supplies will not be easy or quick. The simple fact is that there is no “magic tap” that the EU can turn on.
President Joe Biden set out to finally complete the “pivot to Asia,” a long-sought adjustment of U.S. foreign policy to better reflect the rise of America’s most significant military and economic competitor: China.
But Russia’s brutal invasion of Ukraine has made that vexing move even more complicated. China’s government has vacillated between full embrace and more measured responses as Russian President Vladimir Putin prosecutes his war, making the decisions for Biden far more layered.
Russian warships bombarded targets near Odesa Wednesday morning, possibly as a part of a buildup to an attack on the Ukrainian port city. But some military strategists say Russian forces are struggling to hold territory they have seized and have suffered some serious reversals in fierce skirmishes elsewhere that will likely delay an assault on Odesa.
eyond the suffering and humanitarian crisis from Russia’s invasion of Ukraine, the entire global economy will feel the effects of slower growth and faster inflation.
Impacts will flow through three main channels. One, higher prices for commodities like food and energy will push up inflation further, in turn eroding the value of incomes and weighing on demand. Two, neighboring economies in particular will grapple with disrupted trade, supply chains, and remittances as well as an historic surge in refugee flows. And three, reduced business confidence and higher investor uncertainty will weigh on asset prices, tightening financial conditions and potentially spurring capital
The EU will continue supporting peace and stability in Bosnia and Herzegovina, EU Chief Diplomat Josep Borrell confirmed Wednesday, noting that this has become particularly important after Russia’s invasion of Ukraine.
The bombing campaign of Russia in Ukraine has certainly left a devastating blow to Ukrainians, with thousands of Ukrainian soldiers killed and hundreds of civilians shelled over the span of almost three weeks worth of fighting.
As Turkish President Recep Tayyip Erdogan watches Russian forces flounder in Ukraine, he may be rethinking his own ambitions — or concluding that Turkey is in a better spot than ever.
Turkey’s diplomatic isolation was the focus of excited punditry in recent years. But today, Ankara is running out of red carpet as a deluge of foreign dignitaries knock at its door.
How Sergey Shoygu Paved the Way for Russia’s Ukraine Assault
On February 25, barely 24 hours after Russian President Vladimir Putin ordered a full-scale invasion of Ukraine, Russian forces reached Kyiv. Even accounting for Russia’s vastly superior firepower, the speed of the military advance has been startling. But it also has highlighted something else: the extent to which the Kremlin’s entire pressure campaign on Ukraine has been driven by the Russia military. In contrast to many previous efforts by Moscow to achieve political goals in the West—or to exact retribution on a perceived enemy—the Ukraine offensive has not been driven by the Federal Security Service (FSB), Russia’s security agency, which has often drawn the lion’s share of Western attention. Instead, it has been shaped from the outset by old-fashioned military power projection: first by amassing an overwhelming force on the border and then, with the world watching, quickly and efficiently putting that force to use.