Mirage of energy sanctions against Russia
Opinion

Mirage of energy sanctions against Russia

by Edward C. Chow

About the author: Edward C. Chow is a non-resident senior associate at the Center for Strategic and International Studies in Washington, D.C. Economic sanctions, by themselves, have never stopped wars once they started. Otherwise, the United States did not have to use military force in 1991 to evict Saddam Hussein from Kuwait after he invaded it in 1990, though Iraq was sanctioned by the United Nations Security Council. Nor do they prevent aggression. The U.S. applied economic sanctions, incl

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Peace plan drama — Ukraine and Europe hand US revisions as Trump grows 'sick of meetings'

Ukraine and its European partners have handed Washington their revisions to the U.S.-proposed peace framework aimed at ending Russia's war, the Kyiv Independent has learned. The move comes amid growing U.S. pressure to advance negotiations and fresh accusations from U.S. President Donald Trump that President Volodymyr Zelensky is the one refusing to agree to the American plan. The next round of discussions is expected on Dec. 13, though White House press secretary Karoline Leavitt signaled imp

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About the author: Olena Havrylchyk is a Professor of Economics at the University Paris 1 Panthéon-Sorbonne. The proposal to use immobilized Russian assets to finance a "reparation loan" for Ukraine will again be discussed at the next European Council meeting on Dec. 18 and 19. The purpose of this loan is to advance Russia’s future reparations in order to cover Ukraine’s reconstruction and recovery needs, which are estimated at 506 billion euros (nearly $589 billion). At the previous summit, B

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