Comment: Europe’s contribution to Putin’s war chest has increased since the invasion began | Business Post

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Comment: Europe’s contribution to Putin’s war chest has increased since the invasion, write Lukasz Rachel and Moritz Schularick.

‘The continued flow of blood-soaked energy money allows Putin to press ahead, dramatically increasing the long-term costs for Europe of containing a revisionist Russia.’ Picture: Getty

Russia’s brutal shelling of Ukrainian cities continues. Thousands are dying, millions are suffering. Yet the West remains paralysed about further action on what matters most: sanctions on Russian energy exports. Absent an immediate and full boycott of Russian gas and oil by Western countries, the best way forward is to commit to a ladder of sanctions that they will climb in a pre-announced fashion over the coming weeks.

 

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Why China’s own interests will decide whether it supports Putin’s Ukraine invasion or not | Business PostThere is a long history of border disputes between China and Russia, and one which almost led to all-out war in 1969. Whether the ‘friendship’ between Vladimir Putin and Xi Jinping will lead to actual Chinese support for the assault on Ukraine may come down to more practical matters
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