The death, destruction and disruption caused by Russia’s war in Ukraine suggest that short-term savings achieved by running down defence capabilities in peacetime can incur huge costs in the longer run. The cost of investing …
Tag Archive for: "economy"
The war in Ukraine has generated an economic tidal wave which is crashing over countries near and far. Among the more far-flung is Sri Lanka, half a world away from the battlefield, where surging food …
The Russian economy will contract by 35% in the second quarter of 2022, and by 7% overall this year, according to JP Morgan. That’s probably an extremely conservative estimate that doesn’t take into account the …
Russia and China are making much of their strategic partnership as a counterbalance to their stresses with the West, but the European Union is still much more important economically to Russia than is China, and …
By a range of measures, democracy is under pressure around the globe. Not only is democracy failing to make inroads in states long dominated by authoritarian regimes, but it is in retreat in some places …