"The strategy of waiting out the present as a forced pause is wrong; the notion of the future as an opportunity to simply return everything to how it was is wrong. A future as a deferred version of the past is an illusion. The future will consist of us. . .as we will be able to be.--Serhiy Zhadan

"As much as some may wish otherwise, a fire on a ship concerns all passengers, regardless of the class of ticket they hold."--Serhiy Zhadan

🇺🇦 #UkraineSupportTracker: Europe steps up: In 2025, European military aid rose +67% & financial/humanitarian aid +59% vs. 2022–24 averages - compensating for the US withdrawal. Military aid increasingly borne by small no of countries 👉 kielinstitut.de/publications... #MSC2026

« Last year, Ukrainian defense companies had the capacity to produce about $35 billion worth of kit, but Kyiv's cash-strapped government was only able to issue contracts for about $12 billion, said Fedirko. »

This cartoon is titled "Aid to #Ukraine" A picture is worth a thousand words #UkrainianView

A snake-like wave of Russian/Iranian Shahed-type attack drones is currently winding across the whole of the country, heading west. The targets may be energy infrastructure connecting the Ukrainian grid with the EU. Ukraine saw a partial collapse of the national grid last week.

"But genocide has human consequences". A good explainer about BNP's legal risks due to its “central role in providing Sudanese financial institutions access to the U.S. financial system, despite the Government of Sudan’s role in supporting terrorism and committing human rights abuses"

🇷🇺❗1 TRILLION EUROS❗ 🚨 Russian fossil fuel revenues hit EUR 1TN - since 2022 full-scale invasion of Ukraine CREA calls for: 🛢️ Shutting down shadow fleet & refining loophole 🌿 Diversifying from Russian gas 🇺🇦 Facilitating self-determined peace in Ukraine www.youtube.com/shorts/3YO4C...

‘It’s not just about surviving’: the Ukrainian frontline city where life goes on under cover

Who has the the fighting army in Europe to defend Europe? Answer: Ukraine

European imports of Russian uranium grew after full-blown invasion of Ukraine • Russia supplies around one quarter of EU imports of nuclear fuel (at attractively low prices) • US also continues to import Russian uranium ahead of full ban planned for 2028 www.ft.com/content/951d...

Could the International Criminal Court prosecute EU politicians for crimes against migrants? Analysis by Adrian Gjoshi - eulawanalysis.blogspot.com/2026/01/will...

Falko Fecht, Stefan Greppmair, & Björn Imbierowicz (@bundesbank.de) show that the outbreak of war in #Ukraine acted as a 'silent monetary tightening'. Exposed banks faced immediate higher funding costs and reduced credit supply. cepr.org/voxeu/column... #EconSky

A Russian missile shut down a Kyiv heating plant — underwater. Ukrainian divers crawled through a flooded tunnel buried beneath the Dnipro river and sealed missile-caused cracks by hand, Hromadske. 1/

Ce n'est pas du pinaillage de chercheur qui est vexé qu'on fasse des erreurs à l'écran. C'est un appel à la responsabilité des médias et des artistes: on ne peut plus être naïfs et refuser de voir les implications politiques de nos récits / discours sur la Russie. www.radiofrance.fr/franceinter/...

👏 Ukrainian divers save Kyiv power plant SES divers spent six days working in icy water at –15°C to stop flooding and restore a Kyiv thermal power plant after a Russian strike. The rescuers were awarded state honors for bravery.

Comme promis, un texte où je persiste et signe : le film "Le mage du Kremlin" est dangereux, car il se met au service du pouvoir russe en diffusant une vision du pays exactement conforme à ce que le Kremlin veut nous faire penser. colinlebedev.fr/2026/01/22/h...

“Our suppliers make an effort to manage Ukrainian and Russian customers. They try to make it so we will not be in the same factory at the same time,” China sells drone components to both Russia and Ukraine, but article documents how Russians are favored. 🇨🇳🇷🇺🇺🇦 giftarticle.ft.com/giftarticle/...

Ukraine was “Putin’s apple of the eye”—not a sound, not a boo, the incontinent monster just sprawls and sprawls, uninterrupted. This is how you give him more power

1. Almost every night, I hear explosions from Russian missiles and drones in Kyiv. Although the Russians practise double strikes, rescuers and electricians instantly appear at the sites of damaged civilian infrastructure. 1/5

⚡️ Russia seeks to disconnect Ukraine's nuclear power plants, HUR says, risking potential meltdown. Disconnecting Ukraine's nuclear power plants would fully cut off electricity and heating in subzero temperatures.

“WHAT TO DO WITH ALL THE RUSSIAN BOOKS” An excellent essay. I can relate to every phrase.

EU sanctions are being challenged by Russian oligarchs in private tribunals using investor-state dispute settlement (ISDS) mechanisms, written into investment treaties. An excellent explainer with policy recommendations by @institut-veblen.bsky.social www.veblen-institute.org/Frozen-asset...

Since Oct, not a single day has passed without a russian attack on our energy grid. At the same time, we've been fed fairy tales abt russia "wanting peace" — used as a convenient excuse to slow down deliveries of badly needed air defences. A russian crime against humanity is unfolding live.

This is in Lviv, my home town.

On recrute! ces.pantheonsorbonne.fr/actualite/re...

The death toll is now higher than Tiananmen Square or October 7th and Iran is barely news. Not trending here, a bit more but also little on X, scroll down the feed to #9 on NYT

The DAX did fine until Stalingrad.

One basic lesson from political research is that secret police generally rely on mediocre men willing to do the dirty work of authoritarian regimes in order to advance their careers. donmoynihan.substack.com/p/how-the-fb...

"Lets Be Honest, We Are Taking Advantage Of The Ukrainians"

My friend runs a social enterprise: internally displaced Ukrainian women produce these beautiful knitted things. You can order some from the web-site. loverises.shop/Handcrafted-...

I have a new paper w Andrea Prat & Jake Spitz. We show that Republican appointed Supreme Court Justices vote in favor of the richer party by over 70% today, as compared to D’s at 30%. In the 1950s and both were at 50%. This strong trend may contribute to rising inequality. www.nber.org/papers/w34643

📍 Nouvelle année, nouveau billet de blog AFSE 📍 Euroclear face à la géopolitique des actifs russes immobilisés, par Olena Havrylchyk @olena-havrylchyk.bsky.social www.blog-afse.fr/billet/euroc...

from Caolan Robertson: "Kyiv is the only capital on earth where New Year arrives in silence. While the world celebrates with fireworks, Ukrainians have to listen for drones. Wherever you are in the world, think of Ukraine and remember who caused this" www.facebook.com/share/v/1E7c...

🔴 Over the past year, Russia has launched more than 60,000 guided aerial bombs, around 2,400 missiles of various types, and over 100,000 drones at Ukraine. ‼️ 19,033 Air Alerts across Ukraine in 2025 📸: @united24media.com

Russians are attacking Kyiv and the region for 10 hours already t.me/mon1tor_ua/5...

The russian pre-Christmas peace proposals are once again flooding Ukrainian skies — in drones and missiles.

In English we know it as “Carol of the Bells,” but the melody arises from a Ukrainian folk tradition of songs welcoming the new year and summoning the forces of nature to meet human labor and bring prosperity. Do listen. I wrote about the history here: snyder.substack.com/p/o-generous...

What can we make of the EU decision to issue a €90bn loan to Ukraine - without tapping into Russia's immobilised reserves? In my latest piece for @ecfr.eu I outline seven takeaways from the decision and why there is (much) more to it than meets the eye [Thread - 1/9] ecfr.eu/article/seve...

On recrute! ces.pantheonsorbonne.fr/actualite/re...

We focus on the immobilised assets of the Central Bank of Russia, but what about frozen assets of oligarchs, Putin, other politicians and propagandists? If we look at BIS locational banking statistics, we do not find this money. See figure on the OECDs banks liabilities. 1/

While the financial mechanism of the EU loan to Ukraine has changed, I think that the use of the funds remains the same.

From Ukrainian perspective, it's still a reparation loan, because it will be repaid only if Ukraine receives reparations. It's important because it commits Europe to work towards a framework that ensures that Russia pays for damages. Otherwise, European taxpayers will pay.

From Ukrainian perspective, the agreement that was achieved last night is still a reparation loan. It does not increase Ukraine's debt. "This loan would be repaid by Ukraine only once reparations are received." www.consilium.europa.eu/media/qxolrs...

I agree! In 2024, the windfall tax amounted to €4 billion. If the tax base had included all Russian assets (not only those of the CBR) and the windfall tax had been applied before Belgian corporate taxes, the total would have reached €6.8 billion.

A quick explanation of how this borrowing to assist Ukraine will work. "Enhanced cooperation" means EU law is being used, but some Member States opt out. The process has been applied a few times before, but never before re the EU budget. 1/

This is how moral hazard looks like: you invest $$$ into Putin/Russia knowing the high risks, and then you scream for a bailout/protection when things go south. Raiffeisen, Unicredit, etc. had plenty of time to exit Russia #UkrainianView #EconSky

D-Day for Europe to shore up Ukraine funding. As EU leaders huddle in Brussels, Stephen Paduano and I analyse the reparations loan in a new piece. This is not only a "There Is No Alternative" (TINA) moment—but the financial and legal risks are also manageable. 1/ www.cer.eu/insights/ukr...

Important legal analysis regarding the Reparations Loan to Ukraine. Its main conclusion is that "enacting the Reparations Loan part of the proposal will add little additional litigation risk as no further loss would be suffered by the CBR." libmod.de/legal-analys... Reasons are in the thread:

Here are the main points of the Commission’s proposal on the Reparations Loan to Ukraine, presented on December 3, which will be discussed today and tomorrow at the European Council.