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How the West Can Make Russian Sanctions Bite Again

Western sanctions against Russia in the wake of Vladimir Putin’s full-scale invasion of Ukraine in February 2022 came hard and fast. Moscow lost access to a staggering $300 billion of its foreign exchange reserves held by G7 countries overnight, the ruble sank almost a quarter of its...

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America Shouldn’t Insist on a Strategic Defeat of Russia

The Biden administration has done a generally solid job on Ukraine policy — first warning the world about Russia’s intentions, then helping Ukraine survive the invasion, and subsequently marshalling unprecedented NATO assistance. Along the way, America has avoided provoking Russia...

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