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  1. op_strain1_Wiktor SzymanowiczFuture Publishing via Getty Images_russiaprotest Wiktor Szymanowicz/Future Publishing via Getty Images
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    How to Do More for Ukraine

    Oleg Ustenko interviewed by

    Speaking from an undisclosed location, Ukrainian presidential adviser Oleg Ustenko urges the United States and the European Union to tighten the financial screws on Russia's military machine. Anything short of a full defeat for Vladimir Putin, he warns, will leave both Ukraine and Europe vulnerable to future aggression.

    about the additional steps Western powers can take to end Russia's war and hold it accountable.
    3
  2. mallnow gas Patrick Pleul/picture alliance via Getty Images
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    Europe’s Energy Reckoning

    Featured in this Big Picture
    1. Simon Johnson Simon Johnson ,
    2. Ana Palacio Ana Palacio ,
    3. Hans-Werner Sinn Hans-Werner Sinn ,
    4. Dalia Marin Dalia Marin ,
    5. Andrés Velasco Andrés Velasco ,
    6. Marcelo Tokman Marcelo Tokman ,
    7. Karsten Neuhoff Karsten Neuhoff ,
    8. Isabella M. Weber Isabella M. Weber

    The ongoing war in Ukraine has prompted growing calls for European governments to halt imports of Russian hydrocarbons immediately. But, especially when it comes to natural gas, is Europe willing to bear the costs of such a dramatic shift?

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op_strain1_Wiktor SzymanowiczFuture Publishing via Getty Images_russiaprotest Wiktor Szymanowicz/Future Publishing via Getty Images

How to Do More for Ukraine

Oleg Ustenko interviewed by

Speaking from an undisclosed location, Ukrainian presidential adviser Oleg Ustenko urges the United States and the European Union to tighten the financial screws on Russia's military machine. Anything short of a full defeat for Vladimir Putin, he warns, will leave both Ukraine and Europe vulnerable to future aggression.

about the additional steps Western powers can take to end Russia's war and hold it accountable.
3
mallnow gas Patrick Pleul/picture alliance via Getty Images

Europe’s Energy Reckoning

Featured in this Big Picture
  1. Simon Johnson Simon Johnson ,
  2. Ana Palacio Ana Palacio ,
  3. Hans-Werner Sinn Hans-Werner Sinn ,
  4. Dalia Marin Dalia Marin ,
  5. Andrés Velasco Andrés Velasco ,
  6. Marcelo Tokman Marcelo Tokman ,
  7. Karsten Neuhoff Karsten Neuhoff ,
  8. Isabella M. Weber Isabella M. Weber

The ongoing war in Ukraine has prompted growing calls for European governments to halt imports of Russian hydrocarbons immediately. But, especially when it comes to natural gas, is Europe willing to bear the costs of such a dramatic shift?

0
dollar karachi Asif Hassan/AFP via Getty Images

Is the US Dollar’s Global Hegemony at Risk?

Featured in this Big Question
  1. Barry Eichengreen,
  2. Şebnem Kalemli-Özcan ,
  3. Paola Subacchi,
  4. Yu Yongding

Predicting the end of the greenback’s international dominance has long been a popular, if fruitless, pastime. But, with the recent freezing of much of Russia’s foreign-exchange reserves triggering fresh speculation about alternatives to the dollar, we asked PS commentators whether this time might be different.

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putin bear DNY59/Getty Images

The Putin Slump

Featured in this Big Picture
  1. Kenneth Rogoff,
  2. Stephen S. Roach,
  3. Mohamed A. El-Erian,
  4. Ngaire Woods,
  5. Anne O. Krueger

Fears of a global recession are mounting as the fallout from Russia’s invasion of Ukraine batters a world economy that had not fully recovered from COVID-19. In the event of a severe downturn, will rich countries concerned about boosting growth and taming inflation be inclined to help crisis-hit poorer economies?

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