The article argues that Donald Trump's unique and prolonged lame-duck period, coupled with domestic political pressures, makes him dangerously prone to international instability. Having exhausted major diplomatic gambits, Trump is expected to channel his energy into high-stakes, unilateral actions, primarily targeting adversaries such as Iran and Cuba. These potential actions—ranging from fresh strikes in the Persian Gulf to attempts at regime change—carry a significant risk of destabilizing regional security and triggering a global economic crisis. Policymakers must anticipate this pivot to high-risk foreign policy to mitigate potential international flare-ups.
Will Ukraine’s Wildberries attacks force Putin to the negotiating table?
English Summary
Ukraine's expanded attacks on critical Russian commercial assets, such as Wildberries, aim to generate severe economic pressure intended to force Russia into negotiations. While these strikes are causing massive financial disruption and forcing businesses to absorb conflict costs, the analysis suggests that Russian elites remain deeply dependent on, and fearful of, the Kremlin’s power, preventing a unified opposition. The primary finding is that the established rules governing state-business relations are breaking down, creating an environment defined by extreme uncertainty. For policy makers, this indicates that even if economic pressure mounts, Russia's internal political structure remains highly volatile, making any future business or diplomatic engagement extremely unpredictable.
中文摘要
烏克蘭擴大攻擊俄羅斯關鍵商業資產,例如Wildberries等目標,旨在施加嚴重的經濟壓力,迫使俄羅斯進入談判。儘管這些空襲造成了巨大的財政混亂,並迫使企業吸收衝突成本,但分析指出,俄羅斯精英階層仍深陷於對克里姆林宮權力的依賴與恐懼之中,阻礙了統一的反對勢力形成。主要發現是,既有的國家與商業關係規範正在瓦解,營造出一個極度不確定性的環境。對於政策制定者而言,這表明即使經濟壓力持續累積,俄羅斯內部的政治結構依然高度動盪,使得任何未來的商業或外交參與都極具不可預測性。
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