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Eastern Europe

Russian banks post record profits. Is war helping them?

Russian banks post record profits. Is war helping them?

by Katie Marie Davies

2022 heralded a new era for Russia’s banks. Increasingly isolated from the global economy and laden with heavy Western sanctions, the sector saw profits fall by 90 percent compared to 2021. For Russia’s technocrats, the future seemed dim. Then came 2023. Russia’s Central Bank announced last week

Opinion: Why the Russia sanctions are failing

Opinion: Why the Russia sanctions are failing

by Anne O. Krueger

When bilateral talks fail to resolve disputes between sovereign countries, aggrieved parties may turn to an international judicial body, such as the International Court of Justice (ICJ) in The Hague. Alternatively, treaties or agreements often incorporate provisions for arbitration or mediation of disputes by a pre-designated entity. Similarly, the World

Opinion: Poland's reckoning with populist misrule

Opinion: Poland's reckoning with populist misrule

by Sławomir Sierakowski

It has been a month since Polish Prime Minister Donald Tusk’s government took office, and the task now is to rebuild Polish democracy after eight years of corrupt misrule under Jaroslaw Kaczynski’s Law and Justice (PiS) party. No country in Europe has ever faced a political transition quite

Why ideology still matters for an expanding BRICS

Why ideology still matters for an expanding BRICS

by Katie Marie Davies

For Argentina's newly-elected president, Javier Milei, ideology is the beating heart of politics. The economist, TV show personality, and self-professed anarcho-capitalist built his campaign on passionate support for a hands-off government and free market principles. His forthright approach also encompasses foreign policy. In the last weeks of 2023, Milei decided

Belarus Weekly: Finland establishes relations with Belarusian opposition; Minsk to nationalize McDonald’s

Belarus Weekly: Finland establishes relations with Belarusian opposition; Minsk to nationalize McDonald’s

by Maria Yeryoma

Political prisoner dies in custody without receiving medical assistance – the fourth death of an opponent of the regime behind bars since 2020 in Belarus. Mother of jailed Belarusian politician hospitalized after detention amidst ongoing crackdown on dissent in Belarus. Finland becomes the 24th country to establish a parliamentary group to

Belarus Weekly: Lukashenko attacks religious organizations, broadens grounds for their banning

Belarus Weekly: Lukashenko attacks religious organizations, broadens grounds for their banning

by Maria Yeryoma

Belarusian dictator Alexander Lukashenko enacts restrictive religious law, mandating re-registration of every religious organization in the country and broadening grounds for their banning. Belarus refuses to let OSCE observe parliamentary elections, citing alleged "dominance of Western representatives in OSCE missions" and sanctions policies. Belarus and Sweden recall their emissaries in

Belarus Weekly: Lukashenko's Belarus abducts more Ukrainian children

Belarus Weekly: Lukashenko's Belarus abducts more Ukrainian children

by Maria Yeryoma

Belarusian dictator Alexander Lukashenko hosts more abducted Ukrainian children from Russia-occupied territories amid escalating international concern. Ukraine's Commissioner for Human Rights says Russia is seeking to conceal illegal deportations by making transfers through Belarus. YouTube experienced partial blocking around midnight on Dec. 31 as Belarusian opposition leader Sviatlana Tsikhanouskaya made

Belarus Weekly: Belarusian, Russian athletes to participate in Olympics as neutrals

Belarus Weekly: Belarusian, Russian athletes to participate in Olympics as neutrals

by Maria Yeryoma

UK sanctions 17 Belarusians for participating in politically motivated trials of former presidential candidates and human rights advocates during Belarus' post-2020 election crackdown. IOC clears Belarusian and Russian athletes to participate as neutrals in individual events at 2024 Paris Olympics, despite multiple international calls to uphold full ban imposed after

Belarus Weekly: Lukashenko visits China, meets Xi Jinping

Belarus Weekly: Lukashenko visits China, meets Xi Jinping

by Maria Yeryoma

Lukashenko visits China for a second time this year amid growing isolation and meets China's leader, Xi Jinping. The U.S. slaps sanctions on Lukashenko's "wallets" – enterprises generating revenue for the regime and supporting Russia's war efforts. Tsikhanouskaya calls on U.S. Congress to support Belarusian opposition and pressure Lukashenko

Opinion: Poland's democratic rebirth pains

Opinion: Poland's democratic rebirth pains

by Sławomir Sierakowski

WARSAW – In October, Polish voters demonstrated that even extremely unequal elections against authoritarian incumbents can be won. The opposition’s victory, and the country’s subsequent re-democratization, may hold useful lessons for like-minded forces in Hungary, Turkey, and elsewhere. In Poland, the defeated populist leader, Jarosław Kaczyński of Law and

Belarus Weekly: Belarus threatens Lithuania with military action; Lukashenko invites Orban to Minsk

Belarus Weekly: Belarus threatens Lithuania with military action; Lukashenko invites Orban to Minsk

by Maria Yeryoma, Teah Pelechaty

Maria Lvova-Belova, a Russian official wanted by the International Criminal Court for abducting Ukrainian children, visits Minsk to discuss the “protection of children.” Hungary’s foreign minister makes a second controversial visit to Minsk. Belarusian dictator Alexander Lukashenko invites Hungarian Prime Minister Viktor Orban to visit Belarus. A Belarusian official

Opinion: Why the Polish elections are good news for Ukraine

Opinion: Why the Polish elections are good news for Ukraine

by Michael Richter

The story around the Polish parliamentary elections earlier this month is one of a country at a crossroads. It was said that these were the most important elections since 1989, as a further Law and Justice (PiS) government would have cemented an increasingly illiberal system. In Western media outlets, the

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6:58 PM

Ombudsman reacts to alleged Russian execution of Ukrainian POWs.

"The video shows how Russian soldiers shot five captured Ukrainian defenders," Ombudsman Dmytro Lubinets said, referring to drone footage released by the 110th Mechanized Brigade earlier on Dec. 22 that appears to have captured Russian troops shooting surrendered Ukrainian soldiers from behind.
5:15 AM

Media identifies nearly 85,000 Russian soldiers killed in Ukraine.

According to the outlets' conclusions for the year, 2024 will likely mark the "war's deadliest year," with a current count of over 20,000 deaths confirmed over the past 12 months — although final conclusions cannot yet be made as data on casualties continues to emerge.
11:17 PM

Zelensky meets with CIA director in Kyiv.

President Volodymyr Zelensky said on Dec. 21 that he met with CIA Director William Burns in Ukraine, marking a rare public acknowledgment of their discussions during Russia’s full-scale invasion.
4:16 AM

IMF approves $1.1 billion in funding for Ukraine.

The IMF approved the $1.1 billion tranche after completing its sixth review of the Extended Fund Facility (EFF), a plan to provide Ukraine with over $15 billion in budget support over four years.
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