Ukraine Grapples with War and Budgetary Strain

By Nina Bachkatov

The fourth Ukraine Recovery Conference, held in Rome on 11 and 12 July, brought together Ukraine’s allies in yet another show of support for Kyiv. President Volodymyr Zelensky, in attendance once again, displayed his now-familiar ability to project optimism in the face of deepening adversity. His appeal focused on increased deliveries of military aid—especially air defence systems—and calls for further sanctions on Russia.

Despite these urgent pleas, the conference—comprising heads of state and government, international organisations, and business leaders—projected a united front committed to “the swift recovery and long-term reconstruction of Ukraine.” Yet such ambition stood in stark contrast to the realities on the ground: the war rages on, and even a ceasefire appears remote.

This particular gathering differed from the string of summits previously held under similar banners. Its context was more alarming: on the battlefield, Russia had launched unprecedented waves of drone and missile attacks on Kyiv and Western Ukraine—regions typically spared the worst. Though civilian casualties remained relatively low, the scale of destruction was vast, and the strain on the population has intensified.

Continue reading “Ukraine Grapples with War and Budgetary Strain”

Middle East Angst — and More

By Nina Bachkatov

The American operation Midnight Hammer against Iran’s nuclear, military, and air defence installations has forced many external actors to abandon the discretion they adopted just a week earlier. This includes Russia and China, which issued a coordinated “firm condemnation” of the Israeli airstrikes following a phone call between Presidents Putin and Xi. Like many other world leaders, they initially hoped this would be a limited operation, lacking broader international backing, and urged a “political and diplomatic settlement”.

Their shared interests are clear: the preservation of the Non-Proliferation Treaty in a region where a nuclear-armed Iran would be destabilising; opposition to foreign-imposed regime change; and a common scepticism that any Iranian government, clerical or not, will fully abandon its military nuclear ambitions. Neither Moscow nor Beijing harbours particular sympathy for the Iranian regime, but both have vivid memories of Western-led interventions in Afghanistan, Iraq, Libya, and Syria.

Continue reading “Middle East Angst — and More”

New and Old Twist of the Ukrainian War

By Nina Bachkatov

It has been described as an “asymmetric offensive,” in which Ukrainian forces—under pressure on the front line—have managed to shift the balance of power by striking deep into enemy territory. The operation showcased a combination of sophisticated technology, credible intelligence, and bold execution. It began on 31 May with a series of successful strikes on bridges and rail lines inside Russia, including some in occupied territory and at least one with civilian casualties.

The most dramatic act followed on 1 June: the so-called “Spider Web” operation, more reminiscent of a Hollywood script than a traditional military campaign. It involved simultaneous drone strikes against four military airfields located thousands of kilometres inside Russian territory, reportedly launched from within Russia itself. There were also reports of sabotage at a pillar of the Kerch Bridge, cyberattacks on a Russian strategic aviation manufacturer, and leaks of military planning. According to Ukraine’s security service (SBU), preparations for the operation had been underway for 18 months.

Continue reading “New and Old Twist of the Ukrainian War”

The Ukrainian Long Search for Peace

By Nina Bachkatov

The Russo-Ukrainian meeting in Istanbul on 16 May proved a diplomatic failure. Yet, both delegations made incremental progress on humanitarian issues, agreeing to a substantial 64th prisoner exchange involving not only military personnel but also civilians. The first exchange took place on 23 May.

Despite a momentary easing of tensions, hostilities resumed. Ukrainian drone attacks disrupted Moscow’s airports and struck vulnerable southern cities, while Russian drones and missiles targeted Kyiv, injuring several dozen people.

Nonetheless, both Kyiv and Moscow announced that they were preparing documents outlining conditions for a broader, long-term settlement. These would be exchanged once the prisoner transfers concluded. The move supports the argument by analysts that progress lies in building upon what works, rather than issuing ultimatums. The process also highlights the existence of discreet bilateral and multilateral diplomatic channels. While there is a risk that both armies may detain more prisoners to strengthen their bargaining positions, the current exchanges remain one of the few functioning points of contact.

Continue reading “The Ukrainian Long Search for Peace”

V-Day 80: Ruptures More Than Unity

By Nina Bachkatov

Eighty years after the end of the Second World War, this year’s Victory Day commemorations were marked less by shared remembrance than by sharp geopolitical fractures. While honouring the millions who perished remains a moral imperative, the celebrations of May 2025 unfolded under the shadow of a world order in flux — and, some argue, in retreat.

Against the backdrop of a third year of war in Ukraine, the V-Day events served more to highlight divisions than to evoke unity. Former allies now face each other as strategic adversaries; familiar institutions appear strained, and proposals for a post-WWII-style settlement — one that might replace the fraying “rules-based international order” — remain conspicuously absent.

Continue reading “V-Day 80: Ruptures More Than Unity”

Russia Focuses on the East

by Nina Bachkatov

Russia’s pivot to the East has been quiet yet telling, reflecting its vision of the West chasing Moscow’s influence across the globe. On 17 April, in a closed session, Russia’s Supreme Court temporarily lifted the ban on the Afghan Taliban’s activities within Russia, revoking their 2003 designation as a terrorist organisation. The decision was first communicated in Kabul by Russia’s ambassador to Afghanistan, Dmitry Zhirnov, to the Taliban’s Foreign Minister. Five days later, Russia’s special envoy for Afghanistan, Zamir Kabulov, travelled to Kabul for a “special meeting” aimed at “removing hurdles”. The Taliban had first visited Moscow in an official capacity in November 2018, though informal channels—often involving Soviet and Afghan veterans—had remained open beforehand.

Continue reading “Russia Focuses on the East”

Putin and Trump’s Gambles

By Nina Bachkatov

At a two-day NATO summit in Brussels, US Secretary of State Marco Rubio sent an implicit message to President Vladimir Putin. “We will know in a few weeks if Russia wants peace,” he told delegates. The meeting’s agenda focused on European security, particularly in Ukraine, and on reassuring allies unnerved by President Trump’s apparent alignment with the Kremlin’s narrative. The summit was overshadowed by “Liberation Day,” during which Trump unveiled his latest salvo in the trade wars—tariffs targeting both allies and adversaries. European goods were hit with a 20 per cent levy, Chinese imports with 34 per cent, and Ukrainian products with 10 per cent. Russia, however, was spared—officially because, as the US Treasury noted, “we have no trade with it.”

Continue reading “Putin and Trump’s Gambles”