News Snapshot:
Photo by Ronaldo Schemidt/AFP via Getty Images As the year draws to a close, we need to look at the interacting developments that will impact Europe’s economy in the next year – starting with the war in Ukraine. One of my boldest decisions this year has been not to join in the premature celebrations of an early end to the war. My solidarity is with Ukraine, but we have to acknowledge a brutal reality, which is that western sanctions have failed to achieve their stated goal: to deny Vladimir Putin the resources to fight a prolonged war. China has aligned...
