In June, much of the world saw not only rising temperatures, but also multiplying stresses on the world order. Israel and Hamas still did not agree on a cease-fire, despite hopes earlier in the month that both sides would sign onto a previously floated three-phase plan. Tensions between Prime Minister Benjamin Netanyahu and his military
Since the start of Russia’s full-scale invasion, the Kremlin has identified Ukraine’s vast and strategically vital agriculture industry as a priority target. This offensive against Ukrainian farmers has included everything from the blockade of the country’s seaports to the systematic destruction of agricultural produce and infrastructure. On the eve of the invasion in February 2022,
Not so long ago, the annual St. Petersburg International Economic Forum (SPIEF) was widely seen as one of the “be there or be square” events for the world’s business elites, political leaders, and global influencers. Often called Russia’s Davos, SPIEF takes place every June in Russia’s second city, which also happens to be Vladimir Putin’s
“United in defense, united in recovery, stronger together,” was a key slogan at the 2024 Ukraine Recovery Conference (URC) held in Berlin on June 11-12. It is an apt summation of Ukraine’s aspirations as it copes with the unprecedented destruction of approximately half of the country’s electric power and district heating capacity by targeted Russian
JUST IN Uno, due, tre. As the Group of Seven (G7) summit kicked off Thursday in Apulia, Italy, US President Joe Biden presented three big steps to help Ukraine in its ongoing fight against Russian aggression. First, G7 leaders agreed to send Ukraine fifty billion dollars that will be paid for by future interest from
From Russia, with interest. The Group of Seven (G7) leaders announced Thursday that they had agreed on a plan to send fifty billion dollars to Ukraine in the coming months by pulling forward interest income on Russian assets that had been immobilized in Western countries since February 2022 (a novel idea that Atlantic Council research
Delegates from around 160 countries will gather in Switzerland on June 15-16 as the country hosts a Summit on Peace in Ukraine. The goal of the two-day event is to develop a “common understanding” on a possible path toward a just and lasting peace in Ukraine. This new peace initiative comes at a critical point
At the St. Petersburg International Economic Forum on June 7, Russian President Vladimir Putin was defiant about the Russian economy. “Despite all the obstacles we are facing and the illegitimate sanctions imposed against us,” he declared, “Russia remains one of the key participants in global trade and is rapidly expanding the new logistics and geography
The latest Gaza war has resulted in horrific loss of life since October 8, 2023, and no matter how it eventually ends, the US government and companies should be paying attention to these five ripple effects: 1. The reputation of the United States and US company brands have taken a major hit in the
Interest in the interest is growing. Over the past three days, Group of Seven (G7) finance ministers met in Stresa, Italy, on the shore of Lake Maggiore, to discuss what to do with a major pile of money. Following Russia’s full-scale invasion of Ukraine in 2022, G7 nations blocked around $300 billion in Russian assets