@fpconteduca.eurosky.social M Errico @fabrizioleone.bsky.social @ludovicpanon.bsky.social & G Romanini study the impact of trade wars on firms in third countries and find that the 2018-19 US-China trade war generated an average export gain of 2.5% for Italian firms. cepr.org/voxeu/column... #EconSky

Reminder to all Western guests at the St Petersburg Economic Forum: This is what you are normalizing with your trip to Russia.

🧵Sto per arrivare a Kyiv dopo un lungo viaggio da Cracovia con un treno notturno. L'efficienza dei servizi pubblici è un'altra spettacolare forma di resistenza di questo popolo che non smette di sorprendere. 1/

Nella regione di Kherson ieri, un drone russo ha colpito un veicolo delle Nazioni Unite. È quello che vivono quotidianamente i residenti di Kherson a causa di quello che i barbari russi chiamano "human safari".

On Mother's Day, please spare a thought for Ukrainian mothers. They fight, rescue, care, love, shield — all under the russian bombs and missiles. In Ukraine, being a mother means making impossible choices every single day. Photo after the russian attack on children's hospital Okhmatdyt in 2024.

🇵🇱 Niech żyje Europa! #DzieńEuropy 🇵🇹 Viva a Europa! #DiaDaEuropa 🇷🇴 Trăiască Europa! #ZiuaEuropei 🇸🇰 Nech žije Európa! #DeňEurópy 🇸🇮 Naj živi Evropa! #DanEvrope 🇪🇸 ¡Viva Europa! #DíaDeEuropa 🇸🇪 Länge leve Europa! #Europadagen

🇩🇪🇦🇹🇱🇺🇧🇪 Lang lebe Europa! #Europatag 🇬🇷🇨🇾 Ζήτω η Ευρώπη! #ΗμέραΤηςΕυρώπης 🇭🇺 Éljen Európa! #EurópaNap 🇮🇪 An Eoraip Abú! #LáNaHEorpa 🇮🇹 Viva l'Europa! #GiornataDellEuropa 🇱🇻 Lai dzīvo Eiropa! ##EiropasDiena 🇱🇹 Tegyvuoja Europa! #EuroposDiena 🇲🇹 Viva l-Ewropa! #JumlEwropa

🇪🇺 Long Live Europe! #EuropeDay 🇧🇬 Да живее Европа! #ДенНаЕвропа 🇭🇷 Živjela Europa! #DanEurope 🇨🇿 Ať žije Evropa! #DenEvropy 🇩🇰 Længe leve Europa! #EuropaDag 🇳🇱🇧🇪 Lang leve Europa! #Europadag 🇪🇪 Elagu Euroopa! #EuroopaPäev 🇫🇮 Eläköön Eurooppa! #EurooppaPäivä 🇫🇷🇧🇪🇱🇺 Vive l’Europe! #JournéeDeLEurope

Day 1536 of my 3 day war. I had to beg Donald to plead with Zelensky to permit my 5th victory parade in a war in losing. I remain a master strategist.

So happy to see this paper with @flavienm.bsky.social forthcoming at AEJ: Macro! 💡Cartels distort the allocation of resources. ‼️Collusion by top firms shifts demand toward less efficient producers → aggregate losses. 🔎Productivity ↓ up to 0.4%, welfare ↓ 0.7%

Quando ti mandano via da un corteo perché indossare la bandiera ucraina "è come andare al corteo del PD con la bandiera di FdI" capisci che questa gente non è antifascista. Non ha idea di cosa sia la lotta partigiana, la resistenza per la libertà e la democrazia. Ora e sempre Slava Ukraini! 💙💛🇪🇺

EACH ONE REPRESENTS A CHILD 🐻 🥺 🐻 💔 🐻 Step closer. Walk up to the bears. Spend a moment with them. Touch each one. Each bear represents a human life. A name. A life. A future. 20,000 TEDDY BEARS ON DISPLAY IN WASHINGTON DC FOR UKRAINIAN CHILDREN TAKEN TO RUSSIA Thread 1/3🧵

🧵 Per augurarvi il buongiorno, vi ricordo che la Russia sta perdendo la guerra. Anche per questo i propagandisti di Stato sono molto nervosi. Più di 1500 giorni dopo l'invasione che doveva durarne tre, Putin ha fallito tutti gli obiettivi che si era dato. 1/4

NEW: Ukraine’s Fortress Belt is the cornerstone of a militarily defensible frontline in eastern Ukraine. The Fortress Belt is optimized for defense across nearly every possible topographical and geographical characteristic relevant for military terrain analysis. 🧵(1/7) isw.pub/FortressBelt...

From Catherine Belton, on why Vance is going to Budapest www.washingtonpost.com/world/2026/0...

“A whole civilization will die tonight, never to be brought back again.” -Trump Article III The following acts shall be punishable: (a) Genocide; (b) Conspiracy to commit genocide; (c) Direct and public incitement to commit genocide; (d) Attempt to commit genocide; (e) Complicity in genocide.

It is a national disgrace that the U.S. Congress doesn't immediately impeach this man.

1/ Most people picture war as tanks and missiles. But there’s another front that rarely looks like war at all: it targets how we process information. 🧵 Thread + full post linked below substack.com/home/post/p-...

”HOME SWEET & COLD HOME.” Olena Halushka @halushka.bsky.social The horrific destruction of Ukrainian power plants, people are freezing. NO HEATING. NO POWER. NO WATER. Russia is a terrorist state!!! #StandWithUkraine 💙💛 Thread 1/15🧵🇪🇺🇺🇲🇷🇺🇨🇳 • So who's on the menu? •

Russia's "energy truce" expired just as severe cold returns, as predicted. Air raid alerts in Kyiv again today.

Russia wants to push Ukraine into the Stone Age — to freeze us, exhaust us, and leave us without a future. That will not happen. This why Kyiv School of Economics is hosting a 3-day Science Mini School for high school students and early-year undergraduates, right now in Kyiv. 1/

Over the night, russians heavily bombed Odesa, sending there 50+ drones which targeted energy facilities and households. Tens are injured, more people may still be under the rubble. This is a daily horror that ordinary Ukrainians are enduring 24/7. Trump wants to reward this w/ the Donetsk region.

an op-ed that explains the real reasons for Russia's attack on Ukraine. Good to re-read from time to time www.kyivpost.com/opinion/68239

On 1/22/2014, Yanykovych's thugs killed 3 people at the Maidan protest. The gov't lied... Protests continued anyway. On Feb 20, they shot many more people. But Yanukovych&his mafia state were deposed. The slain activists are known in #Ukraine as the Heavenly Hundred. This was 12 years ago

What genocide looks like.

The total NSF budget was 9 billion. I doubt they spend 89% of it on quail.

🧵Quello pubblicato dalla Casa Bianca non è solo un meme infantile per illustrare una posizione di politica estera brutalmente imperialista. È anche una citazione del saggio di W.G. Simpson, Which Way, Western Man?, testo di riferimento dell’estrema destra suprematista e neonazista americana. 1/11

E mentre i criminali di guerra russi attaccano edifici residenziali a Kyiv e la nostra pacifeccia intona l'articolo 11 (altro marcatore inconfondibile), ci tocca anche leggere le abituali cazzullate sul bon ton, che tradiscono problemi di comprensione del testo. www.corriere.it/lodicoalcorr...

While the world prepares for the Christmas holidays, russia is attacking Ukraine with cruise missiles and drones. This is the real face of russian “peace deal”. russia is a terrorist state. #Ukrainianview #russiaIsATerroristState

Domestic firm-to-firm transaction data & customs records show Italy's exposure to external risks, such as US tariffs and a sudden stop of Chinese supplies, is far larger than standard trade stats suggest. @fpconteduca.bsky.social @fabrizioleone.bsky.social et al cepr.org/voxeu/column... #EconSky

Witkoff-Dmitriev plan RE #Ukraine is wrong & it'd be crazy to start negotiations w an extreme RUS position. @tderyugina.bsky.social @ilonasolohub.bsky.social, Anastassia Fedyk, James Hodson & I have a counter-proposal that would give genuine peace. Our 28 points vs RUS 28 points. #UkrainianView

I told CNN I’m optimistic about peace talks because Russia is keeping quiet and Trump’s shifts create openings. Also, remember the U.S.–Ukraine minerals. First, it was draconian, but then became workable. This case is of course harder 1/

Russian philosopher Dugin on Ukraine.Russia doesn't hide its true intentions "Ukraine will be ours entirely within a maximum of two years.Possibly much sooner.There will be no sovereignty left there at all,since Ukrainians are absolutely incapable of using it.They never have been and never will be⤵️

Today, Ukrainians honor the memory of those who perished during the Holodomor — the genocide orchestrated by the USSR in 1932–1933 to crush resistance to the communist regime and to erase Ukrainians as an independent nation. 1/9

It is a sad mix of naked opportunism and strategic myopia

This is not a peace plan. It is a proposal that weakens Ukraine and divides America from Europe, preparing the way for a larger war in the future. In the meantime, it benefits unnamed Russian and American investors, at the expense of everyone else. www.theatlantic.com/ideas/2025/1...

We have a US administration trying to bully Ukrainians into accepting Russia’s proposal that their sovereignty be undone. Aside from the naked injustice of this, there are five basic practical reasons why it would make the world far more dangerous. (video) snyder.substack.com/p/the-putin-...

Putin is a war criminal

Multiple waves of russian drones encircle Kyiv, with Kinzhals and cruise missiles aiming to cripple Ukraine's energy system right now. russia commits a crime against humanity aiming to freeze the entire Ukrainian nation into capitulation — that's "peace" brought by red carpet summits.

russian сrimеs against Ukrainians continue every single day. Do not get used to it. Do not look away. Do not stay silent.

They just hit a university

This is becoming so normalized, I did not even wake up the second time there was an air alert. 100s of drones, missiles, with loud explosions & house shaking, reading about the destruction & deaths in the morning - several times a week #UkrainianView

A new PS piece with @ilonasolohub.bsky.social and @matsmarcusson.bsky.social 2 options: 1) RUS defeat (means more sanctions & more weapons for UKR). 2) a defeat for democracy (&subdued Europe). If 1), Europeans should sacrifice some of their welfare. If 2), they'll lose it all. #UkrainianView

Never-ending 9/11

2/2. Everyone using the phrase "land swap" should please specify which Russian territory Ukraine would be getting. So far it’s a euphemism for forcing Ukraine to give things up to Russia.

1/2. The phrase "land swap" is being used to mean "Ukraine concedes land illegally occupied by Russia and also concedes territory that is not even occupied." That is not a swap.

A tale of two vibes.

It’s literally how it feels to me #Ukrainianview

6/ Putin's reported proposal reportedly demands that Ukraine concede this critical defensive position, which Russian forces currently have no means of rapidly enveloping or penetrating, apparently in exchange for nothing. More in tonight's assessment: isw.pub/UkrWar080825