When British politicians boast of their support for Ukraine, they reach for statistics: 1,550 individuals sanctioned, including 130 oligarchs; 180 companies targeted; £18 billion frozen. Those are big numbers, packing an impressive rhetorical punch, but they disguise a big problem: …
Russia has no more oligarchs
Like the dozens of sanctioned superyachts lying abandoned in European harbours, the empty mansions gathering dust in Chelsea stand as mementoes to the West’s love affair with the Russian super-rich. This romance has soured with Western sanctions, which are based …
Russia’s 18th-century war
Every war must end, but no war need end quickly. Neither world war makes the top 10 in longevity. The nearest parallel to the Ukraine war is the Dutch War of Independence (1568–1648), fought between a smaller but more advanced …
Ukraine cannot win this war
Since war broke out in Ukraine, Greek politician and economist Yanis Varoufakis has been accused of being a Putin apologist, a “Westsplainer”, and a conspiracy theorist. But what does he really think about this conflict? Freddie Sayers spoke to him …
Will Chechnya’s gamble in Ukraine backfire?
The first month of President Putin’s most recent invasion of Ukraine has not gone according to plan: the initial drive to Kyiv has stalled; his forces have sustained heavy losses; support from his inner circle has been tentative or lacking.…
Sanctioning Russia could topple the West
The West, following the lead of the United States, has reacted to Russia’s invasion of Ukraine by introducing a “crippling” regime of sanctions. It is a “total economic and financial war” aimed at “caus[ing] the collapse of the Russian economy”, …
What will Russia’s oligarchs do next?
Russia’s loyal oligarchs have always been liable to become chess pieces in political struggles. After the revolution broke out in Petrograd in February 1917, the long-despised Romanov aristocracy were ruthlessly stripped of their property and most prized possessions. The people …
How Russia’s sanction-proofing failed
“How could our government have been so stupid?” one Russian acquaintance of mine wondered, after the West imposed sweeping sanctions that froze around $300 billion of the Russian government’s foreign exchange reserves held in Western banks.
Over the past few …
The West must make Putin pay
Only two weeks into Vladimir Putin’s attack on Ukraine and we are already at the relentless killing of civilians stage. So far, 34 hospitals, 202 schools, and more than 1,500 residential buildings have been destroyed. Around two million people have …
You can’t cancel Putin
“We cannot just witness these atrocities and do nothing.” It’s a statement that resonates, the kind of thing you’d expect to hear from those we empower to keep the peace: Nato, the UN, our leaders. But this solemn vow to …
Sanctions won’t save Ukraine
Unsurprisingly, the West has decided it won’t send its sons and daughters to die for Ukraine. Instead, it hopes to cripple Russia with economic sanctions. Will such measures bring about the end of the Russian invasion? Will Vladimir Putin scuttle …