1 min read
The Russian invasion of Ukraine in February 2022 and the corporate decisions that followed offer insights into the extent to which Western firms are willing and able to sever commercial ties with nations now viewed as geopolitical rivals by their governments. We gathered extensive data on equity investments made by foreign companies headquartered in the European Union (EU) and G7 nations and checked whether following the outbreak of armed conflict divestment of their Russian subsidiaries could be confirmed. At the end of November 2022, our analysis shows that 8.5% of EU and G7 companies had divested at least one of their Russian subsidiaries. We performed extensive robustness checks that confirm our overall findings while also revealing some notable variation in divestment rates.
4 mins read
Until we open up our worldview and begin taking into account the needs and struggles of our fellow human beings around the world, it will be like we’re at a dinner party that’s being waited on by slaves.
10 mins read
Food. Churches. Chacha. This is what Georgia has long been known for. But now this ancient country, flanked by the mountains and the sea in the heart of the Caucasus, is the battleground in a new Not-So-Cold War. Due to its strategic location — it shares a large border with Russia to the north — the country has found itself caught up in the geopolitical power play between the West and Russia. And just like the Euromaidan revolt in Ukraine a decade ago, Georgia’s domestic politics have been framed in Nato circles as an existential fight. On one side sits the Georgian Dream, the allegedly pro-Russian ruling party, in power since 2012. On the other sits the opposition, avowedly pro-Western and pro-EU.
12 mins read
Russia is being considered as a potential player in a deal to halt the conflict raging between Israel and the Lebanese Hezbollah movement, leveraging its unique position to prevent an even larger-scale war from erupting across a region consumed by crisis for more than a year.
