Putin's Gamble: Is the West Finally Ready to Push Back?
Vladimir Putin's actions in Ukraine have sparked a significant shift in the West's approach to his aggression. The U.S. and Europe are showing signs of stepping up pressure on Russia, but it remains unclear if this will be enough to change Putin's calculus.
Donald Trump's Unpredictable Stance
Donald Trump, known for his unpredictable stance on Ukraine, has set conditions for ramping up sanctions against Russia. He wants NATO members to cut ties with Russian oil and join him in pressuring China and India to do the same. While this could be a game-changer, it's hard to know if Trump is serious or just looking for a way out of supporting Ukraine.
Europe's Divided Approach
Europe, meanwhile, is considering a plan to use Russia's frozen central bank assets against it. This could be a powerful tool in pressuring Putin to end the war. However, the EU is still divided on the issue, and it's unclear if they can overcome their differences to make it happen.
Russia's Economic Resilience and Vulnerabilities
Russia's economy has been surprisingly resilient in the face of Western sanctions. But as Putin retools his economy for war, vulnerabilities are starting to show. Banks are loaded with bad debt, inflation is rising, and the central bank has had to raise interest rates to 21%. At the same time, Ukraine's drone and missile strikes are taking a toll on Russian oil output.
A Turning Point in the War?
All of this could add up to a turning point in the war. But it's still too early to say if the West is ready to commit to a long-term strategy to stop Putin. With political divisions and populist leaders on the rise in Europe, it's unclear if they can maintain the unity and resolve needed to see this through.
The Clock is Ticking
One thing is certain: the clock is ticking on Ukraine. If the West wants to change the course of the war, they need to act fast.