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Tag Archives: Euro (currency)

Sanctions on Russia Prove Another Failure of the West

The limited impact of economic sanctions on Russia represents an additional data point proving that the West, even when relatively united, no longer rules the world. Indeed, its losing streak in major 21st century military conflicts continues unbroken, and it serially overestimates its ability to shape global affairs.

Japan and the Northern Sea Route

Global warming is progressively creating a new reality that ships from East Asia, including Japan, might soon be regularly able to reach Europe more quickly via the shipping route that runs along Russia’s Arctic coast, from the Bering Strait in the east to the Kara Sea in the west, rather than using the conventional route via the Suez Canal.