Russia’s invasion of Ukraine has transformed the geopolitical landscape of the transatlantic region, perhaps the greatest example being Finland and Sweden’s newfound enthusiasm for joining NATO. After a couple of centuries of military neutrality, or at least military nonalignment, both countries have submitted their applications to join the Western military alliance.
Before inflation began to eat the American economy alive, impeachflation had already undermined the office of the presidency. Donald Trump was only the third president to have been impeached. Yet he was impeached twice: in December 2019, for abuse of power and obstruction of Congress; and in January 2021, for ‘incitement to insurrection’ following the riots on Capitol Hill on 6 January.
Treasury Secretary Janet Yellen said on Wednesday that the United States had no legal authority to seize Russian Central Bank assets frozen over its invasion of Ukraine, but was in talks with U.S. partners about ways to make Russia. Pay the bill for post-war reconstruction in Ukraine began.