Russian economy feels bite of attrition

Ukraine is struggling with a formidable and ruthless enemy. The approval of the military aid package by the US Congress is crucial for keeping Kyiv in the fight for months to come. In the interim, however, Ukraine’s victory will be determined by the economic ties and integration with Europe, which possesses industrial, technological, and scientific capabilities far superior to those that Russia can mobilize or purchase. Only a fraction of Europe’s power needs to be deployed to decide the outcome of the confrontation unleashed by Putin.