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The free-market case for easing Ukraine's capital controls carefully
Opinion

The free-market case for easing Ukraine's capital controls carefully

To free market fans, of which I consider myself, "capital controls" is something of a four-letter word. They can be convoluted, complicated, and scary to international and domestic investors alike. Even when central banks and governments impose them for legitimate reasons, it is not just the bureaucratic hoops you need to jump through that stoke fear, but the reminder that investors' positions are at the whim of governmental entities. In Ukraine's case, however, capital controls were both a so
As Patriot missiles run low, Ukraine scrambles for alternatives
War

As Patriot missiles run low, Ukraine scrambles for alternatives

Russia's battlefield offensive has slowed. But far from the front lines, the war is becoming deadlier. Russian forces launched 70 missiles and over 600 drones at Ukraine in a mass overnight assault on June 15. Of the 34 ballistic missiles fired, 19 were aimed at the capital. Kyiv's beleaguered Patriot batteries did a valiant job, intercepting 15 of them, along with five of the six 3M22 Zircon hypersonic cruise missiles launched in the attack. Still, even layered defenses were stretched beyond
Trump-aligned movement fractures as wars in Ukraine, Iran expose ideological divide
Politics

Trump-aligned movement fractures as wars in Ukraine, Iran expose ideological divide

A widening split inside the online pro-Trump political ecosystem is exposing a growing ideological fracture over U.S. foreign policy, particularly America's war against Iran and Russia's all-out assault on Ukraine. What some analysts and participants describe as a "MAGA civil war" has emerged as a visible rupture within the American conservative movement, dividing former allies of U.S. President Donald Trump who have turned sharply critical of his foreign policy positions from those who remain
G7 leaders push Trump to change tone on Ukraine, actions still pending
Europe

G7 leaders push Trump to change tone on Ukraine, actions still pending

EVIAN, France — The G7 summit ended on June 17 with leaders celebrating a changed tone and greater alignment on support for Ukraine, but have left President Volodymyr Zelensky short of much concrete to take back to Kyiv. Ukraine has made strategic gains against Russia on the battlefield in recent months, but remains powerless in the face of ever harsher ballistic missile attacks against civilian targets, and facing a $52 billion hole in its budget that needs to be filled, in practice by donatio
Meet Ukrainian drone team that demolished NATO forces in war game in Sweden
War

Meet Ukrainian drone team that demolished NATO forces in war game in Sweden

In a light pine forest on Sweden's fortress island of Gotland in the Baltic Sea, a state-of-the-art Leopard 2 tank was in trouble. The tank had barely begun moving out on an offensive mission before it had been spotted and tracked down by a drone belonging to the opposing forces. Its pilot: 37-year-old Ukrainian reconnaissance drone pilot Kvita, who had, just weeks before, been fighting on positions outside the town of Rodynske in Donetsk Oblast, spotting and destroying very real Russian soldi
Ukraine war latest: Moscow oil refinery burns in 'just response' to Russian attacks as Zelensky visits G7

Ukraine war latest: Moscow oil refinery burns in 'just response' to Russian attacks as Zelensky visits G7

Key developments on June 16: * 'Just response to Russian strikes' – Ukraine strikes major oil refinery in Moscow, Zelensky confirms * Zelensky, Trump, Macron meet at G7 summit as Ukraine pushes peace talks * Ukraine to create new drone units to bolster defenses along northern border with Russia, Belarus, Syrskyi says * Lukashenko says Belarus poses no military threat to Ukraine, apologizes to Zelensky for past remarks * Ukrainian Armor, AviaNera launch partnership on missile, drone engines
Attack on Kyiv Pechersk Lavra exposes the truth behind Russia's Christianity
Opinion

Attack on Kyiv Pechersk Lavra exposes the truth behind Russia's Christianity

Every empire eventually becomes trapped by its own mythology. Russia happens to be built on a peculiar combination of holy relics, imperial nostalgia, and endless lectures about "traditional values." The problem is that reality keeps interrupting the performance. In 2022, Margarita Simonyan (the Kremlin's propagandist) declared that Russia would never bomb Kyiv because "our shrine is there." The implication being: unlike everyone else, Russia supposedly possesses some special reverence for fait
Russia's foreign election meddling has a losing record. Experts explain why
Russia

Russia's foreign election meddling has a losing record. Experts explain why

President Vladimir Putin has never lost an election in Russia. Outside Russia's borders, however, the Kremlin has been learning a different lesson. From Moldova to Hungary — and, more recently, Armenia — Moscow has poured money and political capital into influencing elections abroad. Yet, time and again, the candidates and forces it favored have fallen short. Some of Russia's traditional allies have drifted away from Moscow, embracing pro-Western governments, or have become far more resistant