Why the West Should Tread Cautiously when Using Asset Freezes
The war in Ukraine has been raging for almost two years now. In the early days of Russia’s full-scale invasion, Western countries imposed sweeping sanctions on the Russian economy, a significant part of which was made up of asset freezes on some $300 billion in assets owned by the Russian Central Bank and Russian oligarchs. The war has devastated much of Ukraine’s eastern regions, infrastructure, and cities. The West has pledged to help rebuild Ukraine once the war is over, but such a task will cost billions, if not trillions, of dollars to accomplish. One solution advanced by Western lawmakers is to seize the assets that were frozen by sanctions and donate them to Ukraine to finance its reconstruction once …
Russia’s War in Ukraine and Women’s Agency
Despite the unabated destruction and devastation caused by Russia’s full-scale invasion of Ukraine, the war also opened new doors for development and a leap in women’s agency. Ukraine is fundamentally rethinking gender roles, expanding the opportunities of its citizens, and serving as a model for other countries. The Armed Forces of Ukraine have become the first place where women’s voices have been amplified. Ukraine has allowed women to participate in military operations to guarantee national security and defence, as they repel and deter armed aggression by Russia. Currently, 40,000 women serve in the Armed Forces, including those in combat roles. Furthermore, 8,000 women hold officer positions, and 5,000 serve on the front lines. In the near future, a separate combat …