For the first time since 1918, Russia is in technical default on its sovereign debt, denominated in foreign currency. It’s a major strategic blow to its reputation.

A large and strong neighbor has the right to limit the sovereignty of a smaller one, to interfere in its foreign and even domestic policies.

Why Putin persists with his established strategy, accepting a test of endurance.

Last week was exceptionally successful for Ukraine. I consider dates 15, 16, 17 to be turning points in the Russian-Ukrainian war. But what should we expect next?

Putin’s speech announcing the start of hostilities, shortly after the bombing of Ukrainian cities including the capital and an offensive of large groups of Russian troops along the northern, eastern and southern borders was on Feb. 24 2022.