Ukraine
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REPORT: Russian regions in debt: the hidden cost of Putin's war
Since 2022, the Kremlin's official narrative has not shifted an inch: the Russian economy is robust, Western sanctions are a failure, Russia is doing…

ANALYSIS: Oil embargo: why the Baltics are pressing a too-slow EU
Latvia, Estonia, and Lithuania share direct or very close borders with Russia and its militarized extension, Belarus. These three EU and NATO member nations…

EDITORIAL: Twenty-first package: Europe must stop bargaining
Since February 24, 2022, the European Union has stacked twenty sanctions packages against Russia. Twenty packages, twenty rounds of negotiations, twenty repetitions of the…

COMMENTARY: Russian bonds collapse — the market has condemned the war
You can lie to your citizens. You can lie to the press. You can lie to ambassadors and international organizations. But you cannot lie…

OPINION: Four to five trillion rubles more — Moscow burns its future
Allow me to begin with a number that should shock more than it does in Western media: Russia will increase its military spending by…

DECODING: Structural exhaustion — what the Kiel Institute report really says
The Kiel Institute — the Kiel Institute for the World Economy (IfW), based in Germany — is one of Europe's most reputable economic research…

ANALYSIS: Eighty billion in deficit — Putin's deadly arithmetic
The Kremlin has spent four years insisting that the Russian economy was holding up against Western sanctions with remarkable vitality. State-aligned newspapers published growth…

COMMENTARY: Testing Article 5 — why a Baltic state could trigger everything
There are questions that diplomats avoid raising publicly, because asking them amounts to admitting a fragility one would prefer not to exhibit. Here is…

ANALYSIS: Latvia alerts — drones and missiles, the hybrid war has already begun
Latvia is not a country that cries wolf. It is a NATO and European Union member state, with a civil intelligence service — the…