Russia

Europe’s descent into deindustrialisation

The rapid economic collapse that Britain is facing is simply an accelerated version of what the whole of Europe is about to go through; unsustainable borrowing to fund the gap between high energy prices and what households can actually afford. With the sabotage of the Nord Stream pipeline, there is now no feasible way back. Europe can no longer physically import Russian gas – prices will remain high until Europe builds more energy capacity, which could take years. What is likely to come of this? High energy prices will render European manufacturing uncompetitive. European manufacturers will be forced to pass through the higher energy costs in the form of higher

War has come home to Russia

Moscow A week of somewhat mixed messages from the Kremlin. One day Vladimir Putin opened Europe’s largest Ferris wheel and presided over citywide celebrations of Moscow’s 875th anniversary, full of calm and good cheer and mentioning the war only in passing. A few days later he appeared on national TV telling the world that he was ‘not bluffing’ about using nuclear weapons and announcing a partial mobilisation. Putin has never fought a contested election in his life, so he’s never been a great one for the common touch. But in his latest address he looked as pale and dead-eyed as Nosferatu. Russians know better than most that the more strenuously

Did Russia sabotage its own pipelines?

It almost seems worthy of the opening scene in a Bond film. Vital Russian gas pipelines running beneath the Baltic Sea close to Denmark and Sweden are the victims of sabotage. The two countries have warned of leaks from both Nord Stream 1 and 2 after seismologists suggested there had been underwater explosions. No one wants to claim credit for the deed – yet. Who is the Blofeld behind this dastardly scheme? Former Polish foreign minister Radek Sikorski, no fan of Russia, sardonically declared on Twitter, ‘Thank you, USA’. That set the conspiracy theorists off. As has a video resurfacing of Joe Biden in February promising America would put an end to

Life among the Russian refuseniks

Yerevan, Armenia It was getting dark outside Yerevan Airport when I arrived, but there were still a dozen flights from Russia yet to land. Groups of young men in their twenties and thirties were milling around the terminal building, stacking suitcases onto trolleys, changing money and working out what to do next. Armenia is one of the few countries they can still fly to since much of the western world closed its skies to Russian planes; it is almost alone in not requiring them to have visas. ‘I’m just here for a holiday,’ one weary traveller carrying four heavy bags insists, ‘everything is fine in Moscow.’ Others are more up front

Was Nato expansion worth the risk?

This is an important and topical book. Mary Sarotte traces the difficult course of Russia’s relations with Europe and the United States during the decade which followed the fall of the Berlin wall in 1989, a period which saw Russia’s brief dalliance with democracy and Nato’s advance to the frontiers of the old Soviet Union. The story has been told before, but never so fully or so well. In a remarkable historical coup, Sarotte has persuaded the German foreign ministry to open its archives to her, and the Americans to declassify thousands of documents previously closed to researchers. When Vladimir Putin’s spokesman Dmitry Peskov was moved to denounce so much

Martin Vander Weyer

Is this really the moment to scrap bankers’ bonuses?

Chancellor Kwasi Kwarteng – keen to sharpen the City’s competitive edge, we’re told – wants to remove the legislative cap, imported from Brussels in 2014, that limits bankers’ bonuses to 100 per cent of their base salary, or up to 200 per cent with shareholder approval. That raises interesting questions. Was the cap a good idea in the first place? If not, why wasn’t it binned as soon as we left the EU? Is now the ideal moment to do so? And are bankers still a breed of greedy bastards? The answer to the first question is certainly not. This column called the cap a ‘boneheaded’ measure that would merely

What’s behind Putin’s no-show?

Has Vladimir Putin carried out a cynical stunt, or ducked out of a seismic decision? That’s the debate among Kremlinologists tonight, as the Russian President failed to show up for a planned 8 p.m. address to the Russian people. Faced with catastrophic losses of territory in north-east Ukraine, a weaker Putin has been considering his options. One that has been suggested is fully mobilising the population to fight, and introducing martial law, which the State Duma (parliament) proposed today. Men aged between 18 and 65 would be banned from leaving the country. Today also saw the announcement of referendums on Russian annexation for the Luhansk and Donetsk regions of Ukraine, as

On the front lines of Europe’s newest war

Sotk, Armenia A group of Armenian soldiers stand guard on the road towards the village. ‘It’s not safe to go ahead,’ one says, slinging his Kalashnikov across his shoulder and motioning for our van to pull over. ‘They were shelling the highway just 15 minutes ago.’ In the distance, there’s the unmistakable thunder of artillery and smoke rising from the side of the mountains. Beyond them is the border with Azerbaijan from where, in the early hours of Tuesday morning, a massive barrage was unleashed on towns and cities across Armenia. The offensive is the most dramatic escalation since the two former Soviet republics fought a brutal and bloody war

More mad than Vlad: Russia’s ultra-nationalist threat

‘Russia without Putin!’ was the cry of Muscovites who turned out to protest against Vladimir Putin’s return to the presidency for a third term in December 2011. Crowds 100,000 strong chanted their opposition on Moscow’s Academician Sakharov Prospect – as symbolically named a venue as you could wish for – as riot police stood calmly by. There was anger in the crowd. But there was hope, too, not least because the massive protest was officially sanctioned. One after another, prominent opposition politicians such as Ilya Yashin, Boris Nemtsov and Alexei Navalny denounced Putin from a stage provided by the city authorities. Today the memory of those protests seems to belong

I’ve become a war addict

It is an almost unquestioned orthodoxy that war is hell, and that every needless death in a needless war diminishes our common stock of humanity. It’s curious, though, how we’re able to hold that conviction alongside a positively visceral excitement at watching the Ukrainian counter-offensive carve its way through the Kharkiv Oblast. Some 3,000 square kilometres have been recaptured: Ukrainian troops are moving through their own land at such a clip that they’ve made more progress in three days than the massed might of the Russian invaders have since April. I’ve been eating it up. Haven’t you? The images of abandoned armour, the fuel dumps, the sullen faces of Russian

Portrait of the week: Truss in, Johnson out and Nord Stream 1 off

Home Liz Truss, the new Prime Minister, said in a speech outside 10 Downing Street: ‘Boris Johnson delivered Brexit, the Covid vaccine and stood up to Russian aggression. History will see him as a hugely consequential prime minister.’ For her part: ‘I am confident that together we can ride out the storm.’ Earlier, on being elected leader of the Conservative party, she had said: ‘I know that we will deliver, we will deliver, we will deliver.’ She had been elected by party members ahead of Rishi Sunak by 81,326 votes to 60,399 (57.4 per cent to 42.6). Turnout was 82.6 per cent. She travelled to Balmoral the next day to

Why the Baltics fear Russia

In the historic heart of Riga, Latvia’s lively capital, there is a building that reveals why the Baltic States remain so wary of the Russian Bear. From the street, it doesn’t look like much – just another apartment block on a busy boulevard full of shops and cafes. Only the discreet sign outside gives the game away: ‘During the Soviet occupation the KGB imprisoned, tortured, killed and morally humiliated its victims in this building.’ Most passers-by barely give it a second glance. They know this story all too well. The KGB vacated this apartment block in 1991 when Latvia regained her independence, but over 30 years later the memories remain

Will energy bills kill off working from home?

‘The jury’s out’, was Liz Truss’s pert response to the question ‘Macron: friend or foe?’ at last week’s Norwich hustings. ‘I’ll judge him on deeds not words.’ In a video clip of the event you can see a bald bloke in the second row applauding wildly, as if she had just delivered from memory the whole of Henry V’s speech before Agincourt. Hard to know which is worse: whether as Foreign Secretary she thinks it’s shrewd diplomacy to cast doubt on the bona fides of our nearest ally and Europe’s only current statesman; or whether, even with victory in the bag, she’ll say anything to win the vote of every

Will Russians soon realise how remarkable Mikhail Gorbachev was?

Mikhail Gorbachev, the final president of the Soviet Union who died last night, was remarkable both as an international politician and as a domestic reformer. I first met him when he came to London in December 1984, when Mrs Thatcher said that she liked him and could do business with him. He was open, friendly, and spoke without notes: the opposite of his predecessors. Some of Thatcher’s own officials suspected that he was merely an old-fashioned communist who had learned new tricks, and that his charm was seducing her from her clear view of the Soviet threat. Thatcher was right, and the sceptics were wrong. By that time, the Soviet

Gorbachev was no saint. But he was a kind of hero

Mikhail Gorbachev is dead at the age of 91, and in a way I feel orphaned. I became fascinated by what was still then the Soviet Union in its late years of sclerosis, when one moribund geriatric at the top of the system succeeded another (the dark joke at the time went as follows: a KGB guard stopped someone at one of the state funerals and asked him if he had a pass – ‘oh,’ came the reply, ‘I’ve got a season ticket’). But my early years as a Russia-watcher were during his time as General Secretary, and if my seniors had become used to the idea that the USSR was a

Ross Clark

It’s time to kickstart North Sea oil

It is reported this morning that one of Liz Truss’s first acts as prime minister, assuming she wins the Conservative party leadership election, will be to grant new licences for North Sea oil and gas extraction. But will it be enough – and quick enough – to alleviate the energy crisis? There are still substantial known oil and gas reserves in the North Sea left to be exploited. According to a report produced by the Oil and Gas Authority last September, known reserves of oil and gas in the North Sea at the end of 2020 amounted to 4.4 billion barrels of oil equivalent (BOE). This is just a tenth of

Ukraine stuns Russia with a counter-offensive in Kherson region

The southern city of Kherson, which fell to Russian forces in the first few days of the war, is one of the places Ukraine would need to liberate if Putin’s army is to be repelled. But what realistic chance is there? Many argued that the Russian occupation is a one-way process: that having taken Crimea, Putin would extend his reach northwards and westwards – with the only question being how long Ukraine could hold off an offensive from its far-bigger enemy.  But that conversation is changing, and fast. This morning, the Ukrainian army broke through the first line of the Russian defence in Kherson region – a move that was

Why Crimea could be key to Ukraine winning the war

Over the six months since Russia invaded Ukraine, the ambitions of President Zelensky and his compatriots have only grown. From an early readiness to engage in talks – first in Belarus and then in Istanbul – Kyiv has progressed to an insistence that Ukraine can win, and from there to a definition of victory that includes not just a return to the status quo before the war, but the restoration of Ukraine’s post-independence borders, and now also the recovery of Crimea. Zelensky himself has often seemed slower than some in his entourage to expand the mission. But he has been adding his voice to those calling for the recovery of Crimea for

How high will energy prices go?

When dozens of energy companies started going bust in 2021, the government knew it had a crisis on its hands. The rise of the energy price cap from £1,277 to £1,971 in April – an increase of nearly £700 – led to not one but two emergency support packages. By the end, £15 billion worth of subsidies and support broadly covered the price rise for Britain’s eight million poorest households. This, it now seems, is just the start of what’s needed to get them through winter. Starting in January, the price cap will be updated every three months instead of every six months to better reflect the wholesale price of energy This

Letters: How to reform the GMC

Overhaul the GMC Sir: Max Pemberton’s cogent criticism of the GMC (‘Unfit for purpose’, 20 August). is one of the more nuanced and on the nose of those that I have read. A client of mine was reprimanded and subjected to a fitness-to-practise investigation after an attempted suicide following a financial crisis. The experience worsened his mental health, which then prolonged the investigation. Other clients have been forced to sell their homes or relocate. Some initial steps I implore the GMC to take include limiting the length of investigations, improving mental health reporting, providing more support for doctors about fitness-to-practise issues, and overhauling how evidence is handled. Deepika Raino Director