Just how much is Vladimir Putin's Ukrainian adventure actually costing Russia? Quite a lot, it turns out.
New statistics from the Central Bank of Russia indicate that almost $51 billion in capital exited the country in the first quarter of 2014. The exodus, says financial website Quartz.com, is largely the result of investor jitters over Russia's intervention in Ukraine and subsequent annexation of Crimea.
We run the risk of missing critical aspects of Russian policy if we assume that Moscow's continuing invasions of Ukraine are exclusively about Russo-Ukrainian issues. One of the founding fathers of Soviet studies, Adam Ulam, observed back in 1965 that empire was the biggest obstacle to reform in Russian history.
Albert Einstein is said to have defined insanity as doing the same thing over and over again and expecting a different result. Today, U.S. policy toward Ukraine has become the embodiment of Einstein's admonition.
International attention is now riveted on the crisis in Ukraine, but another beleaguered U.S. ally is rapidly approaching a critical crossroads as well. As the U.S. military prepares to exit Afghanistan after more than a decade of war, real questions remain about the country’s future. Perhaps most urgent, and of greatest significance to the United States, is the capacity of Afghanistan’s forces to successfully fight the Taliban and al-Qaida.
With national elections in India taking place this month, the health of the U.S.-India relationship is under the spotlight, and the early prognosis is relatively grim. The sudden resignation of the U.S. Ambassador to India and a rocky start to relations with favored prime minister candidate Narendra Modi are symbolic of a broader malaise that has afflicted Indo-U.S. relations since 2008.