Ukraine: Keeping the money flowing
Four years after Russia’s full-scale invasion of Ukraine, a peaceful settlement remains far from reach. As long as Vladimir Putin continues his extreme agenda to control not just Ukraine’s eastern regions but the entire country, Donald Trump’s negotiations alone are unlikely to stop him.
The next year will be a battle of wills. Ukraine must adapt its economy to a protracted war and strengthen its industrial capacity to produce more weapons. It is equally vital that Ukraine wins the technological race in drone interception and gains deep-strike capabilities from European allies. Russia, meanwhile, continues to innovate. Its ballistic missiles, for example, are now better able to evade interceptors such as the US-made Patriot system.