COMMENT: Issuing money is no solution: Ukraine’s economy needs other support options

National Bank of Ukraine Governor Kyrylo Shevchenko in Kyiv July 6, 2022

National Bank of Ukraine Governor Kyrylo Shevchenko’s column about the risks of continuing the monetary financing of the state budget and how to minimise them.

bneGREEN: Has green energy had its day?

Richard Lockhart in Edinburgh July 6, 2022

Global efforts to combat climate change are being endangered by the global COVID-19 pandemic, the war in Ukraine and the current energy crisis.

RIMMER: No Laughing Matter – the unintended hilarity of Russia’ special military operation

Julian Rimmer in London July 6, 2022

The Ukrainian War is no laughing matter, but the Russians are doing their level best to make it funny. Coverage of the war is extensive, but observers have overlooked the comedy inadvertently provided by the Kremlin.

Ukraine mulling debt restructuring as the cost of war drains the government’s coffers

Ben Aris in Berlin July 5, 2022

Talking of restructuring Ukraine’s external debt has resurfaced, despite the government insistence that it will honour all its obligations.

Ukraine Reconstruction Conference launches new platform to rebuild the war-torn country

bne IntelliNews July 5, 2022

Politicians and top private sector leaders met in Switzerland on July 4 to discuss ways to create a new platform that would amount to a “Marshall Plan” for Ukraine’s reconstruction.

Lukashenko ramps up war rhetoric – but Ukrainian officials see no invasion threat for now

bne IntelliNews July 5, 2022

Lukashenko’s speeches and actions of the last 2 weeks have shown his “unwavering” support for Russia’s invasion of Ukraine. While Ukrainian officials don’t see any immediate invasion threat from Belarus, Ukrainian forces stand prepared.

Snake Island liberated, but Moscow accuses Ukraine of spreading fake news

Social media correspondent Dominic Culverwell July 2, 2022

Ukraine has reclaimed the famed Snake Island in the Black Sea, but the battle continues in the information sphere as Russia accuses Kyiv of spreading disinformation about the island’s liberation.

US and Chinese slowdown will tip the world into recession, says IIF

bne IntelliNews July 2, 2022

The worsening economic data coming out of the US and yet another coronavirus lockdown in China will tip the world into a global recession, the Institute of International Finance (IIF) said in a note on July 1.

bneGREEN: Poorer cities the most exposed to climate change

Richard Lockhart in Edinburgh July 1, 2022

An increase in extreme weather events and natural disasters like flooding, heatwaves and landslides will hit urban areas the hardest, making climate change adaptation a matter of paramount importance, the UN has warned.

NEO: Rising in the East, Setting in the West: Russia strengthens trade with Global East

NEO July 1, 2022

As global supply chains undergo a momentous shift and Western markets decouple from Russia, the latter is looking to new markets and old partners for trade and investment.

Stagflation fears continue to rise

bne IntelliNews July 1, 2022

Global inflation refuses to be tamed and with price increases in the US hitting 8.6% in May, its highest level in 40 years, the Fed is expected to continue tightening monetary policy by hiking rates that will suck liquidity out of emerging markets.

As Turkey gets Biden backing for F-16s, Greece steals Erdogan thunder by moving for F-35s

bne IntelIiNews June 30, 2022

Turkish president says objections to Sweden and Finland joining Nato were all about terrorists and militants. Analysis still suggests a bigger issue in play is the autocrat’s determination to get his hands on warplanes.

FPRI BMB Ukraine: Surviving in Kherson

FPRI BMB Ukraine June 30, 2022

Slowly but surely, village by village, the Ukrainian army is advancing towards Kherson. This city of more than 200,000 inhabitants was one of the first large Ukrainian cities to fall in the early days of the conflict.

FPRI BMB Ukraine: Central Asia surprisingly neutral on Russian war in Ukraine

Alexander Thomas for FPRI BMB Ukraine June 30, 2022

To the surprise of many, each of the Central Asian Republics has maintained a neutral stance on Russia’s military operations in Ukraine.

COMMENT: Sovereign Sustainable bonds fit the Ukraine refugee crisis funding needs

Gary Kleiman of Kleiman Intl Consultants Inc June 30, 2022

Ukraine’s war displacement with 7mn refugees, and even more internally in flux, is the world’s largest, according to the UN refugee agency. Governments have spent some €30bn on help, but more money is needed and the capital markets may help.

Nato agrees 'fundamental shift' to counter Russia

Robert Anderson in Prague June 29, 2022

Security alliance’s leaders agree a big increase in troop deployments on its Eastern Flank, more help for Ukraine in its defence against Russian aggression, and a new Strategic Concept.

MOSCOW BLOG: Sanctions hit a brick wall

Ben Aris in Berlin June 29, 2022

The world is being divided into two: the West vs Russia and the non-aligned countries. The race to shore up these new relations is on. But the West has run out of one-way sanctions that hurt Russia but do little damage to the West.

EXPLAINER: how a price cap on Russian oil might work

bne IntelliNews June 29, 2022

Europe is scrambling to find alternatives to Russian crude oil, natural gas and coal. But the fact remains that despite recent cuts in the amount that the EU buys from Russia, Moscow’s revenues from hydrocarbon exports still surged 40% this year.

Turkey drops opposition to Sweden, Finland joining Nato

bne IntelIiNews June 28, 2022

Big boost for Western defence bloc as Madrid summit gets underway, with member states seeking to demonstrate unmistakable unity to Kremlin while the Ukraine-Russia war continues to rage.

ASH: Turkey playing a delicate balancing act between Ukraine, Russia and Nato

Timothy Ash Senior Sovereign Strategist at BlueBay Asset Management in London June 28, 2022

Turks are rightly proud of the success of Bayraktar drones in the conflict in Ukraine and Kyiv was grateful, but now they are not so sure as Turkish President Recep Tayyip Erdogan plays both side of the fence.