Western media and politicians continue to comment on the Ukraine-Russia “peace talks.” Their remarks can be likened to the commentary on a game of chess with speculation about the next possible move, whilst one opponent is beating up the other with a chessboard.
The European Union (EU) countries have paid over 13 billion dollars for Russian oil, gas, and coal since Russia invaded Ukraine.
Ukraine is fighting the last anti-colonial war in Europe. If it loses, it will cease to exist and the law of the jungle will be a new global order. Thus, Ukrainians have no choice but to fight. And the world, if it wants to restore a rules-based global order, should help Ukraine win.
Earlier we argued that buying Russian oil was immoral. But no less moral is for companies (especially for companies that practice ESG) to continue operations in Russia paying taxes and thus enabling Putin to kill more Ukrainians.
The West needs to consider its second-best options. Ending the war instantly isn’t possible.
It is an open secret that Russian elites used their vast wealth to buy assets and prestige in the West. But the Russian influence did not stop there.
The brutal attack of Putin’s army on Ukraine is escalating as we breathe. Yet, the vital act of breathing has been endangered for millions of people.
Russia’s economy runs on oil and gas. More than half of the Russian Federation’s annual budget is dependent on fluctuations in commodity prices.
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