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Wednesday, June 17
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
Russia prepares Crimea for possible Ukrainian landings, navy spokesman says
Dmytro Pletenchuk, spokesperson for the Naval Forces of the Armed Forces of Ukraine, explains how Ukraine secured its maritime corridor, pushed Russian warships away from its coast, and adapted to a new era of naval warfare shaped by drones.
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
Ukraine denies Russian claim that Ukrainian drone struck bus carrying Belarusian children's football team
Ukraine's General Staff denied Russian claims that a Ukrainian drone struck a bus carrying a Belarusian children's football team in Bryansk Oblast, saying no Ukrainian drones were deployed in the region at the time.
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
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
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"We ask for prayers for the salvation of the shrine from destruction. Another Russian crime against humanity, against history, against Christianity," Metropolitan Epiphanius, head of the Orthodox Church of Ukraine, said amid Russia's attack.
