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What Trump’s tariffs could mean for Russia and China

How much pressure can Donald Trump’s new tariffs place on Russia’s war economy? A new U.S. law gives the president the power to impose tariffs of up to 100% on major buyers of Russian energy, while also strengthening sanctions against Russia’s shadow fleet.

There are no elections in Russia, only theatre

This year's most expensive theatre production took place last week. Millions of Russians (and some Ukrainians, at gunpoint) played voters. A host of Putin's cronies embodied democratically elected politicians. The props team did excellent work: ballot papers, boxes, and TV debates (although some actors missed their cues). Reading the headlines, one could get the false impression that Russia was experiencing a sudden democratic turn. The word "election" dominates, while most outlets eventually

A man in a bear costume greets residents at a polling station in Istra, Russia, on September 19, 2026.

About Reconstruction

Ukraine's reconstruction effort addresses damage estimated at at least $588 billion, according to a World Bank assessment. Russia's full-scale invasion has destroyed or damaged millions of residential buildings, thousands of schools and hospitals, and critical infrastructure across multiple oblasts. International donors and financial institutions coordinate recovery programs through mechanisms including the Multi-Agency Donor Coordination Platform.

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