Diplomacy and International Politics

Most public discussion this winter reflects a conviction that Ukraine must — and can — win a decisive victory. But what constitutes a win against a country such as Russia? As we consider the road ahead, we cannot escape the brute fact that Putin commands an arsenal of roughly 6,000 nuclear weapons that could kill us all.

On March 31,  the Project on Europe and the Transatlantic Relationship and the Minda de Gunzburg Center for European Studies hosted a discussion with Wolfgang Ischinger, former Chairman of the Munich Security Conference, Joseph S. Nye Jr., Harvard University Distinguished Service Professor, and Daniela Schwarzer, Executive Director for Europe and Eurasia at the Open Society Foundations, on how Russia’s invasion of Ukraine as well as the brutality of its action has caused an unexpected reversal of Germany’s long time security policy and led to strong reactions in the rest of Europe, NATO, and the posture of the Biden administration. The seminar examined the dimensions and consequences of these developments for the future of the EU and the West. Karl Kaiser, Senior Fellow at the Project on Europe, moderated.

Michael Greenwald writes that with the recent change of leadership at the European Central Bank, the euro likely has a bright future ahead.

As tensions mounted between the United States and Iran, European nations pressed for a calm response, fearing that any escalation could disrupt trade through the region’s vital Strait of Hormuz, which carries up to a third of global crude oil exports traded via ships. If the strait is blocked or trade there is disrupted by conflict, analysts predict oil prices would surge.