Ukrainian clans caught in the grip of Western elites’ backroom struggle
- Insights
- November 13, 2023
The European war machine received a fresh impetus after the launch of Russia’s invasion of Ukraine. The war, its continuation and rumors of escalation are fueling militarization programs, significant increase in the defense fund and national spending, Strategic Compass, promotion of the defense industry’s investment appeal and its blatant greenwashing. Public policy, commerce and illegal arms trafficking, close-knit with non-transparent lobbying mechanisms, set the trajectory for the entire European economy, which is already experiencing rising imbalances.
READ MOREDemocratic capitalism is dying. Economic growth in developed economies has come to a halt. According to the IMF and OECD, stagnation has become inevitable.
READ MOREUkrainian oligarchic groups belonging to Rinat Akhmetov, Viktor Pinchuk, Dmitry Firtash, as well as Kolomoyskyi’s and Bogolyubov’s Privat Group, together own a massive share of critical assets in the chemical and gas industry, metallurgy, financial, and oil sectors.
READ MOREAn energy crisis has triggered a cascade of structural issues which have adversely impacted the competitiveness of industrial sectors. While a full-fledged recession has yet to manifest, there are numerous indicators signaling to European Union authorities and the public that a systemic crisis is unfolding before our eyes.
READ MOREDeindustrialization in Europe is a trend characterized by a reduction in industrial production volumes and the declining share of industry in added value.
READ MORE