Ukraine does not plan to withdraw from Bakhmut, President Volodymyr Zelensky said, adding that senior military commanders supported reinforcing the eastern city. “There were no other opinions,” he said.
China’s foreign minister accused the United States on Tuesday of applying a double standard over international arms sales when he compared U.S. military support to Taiwan with Washington’s warnings to China not to send “lethal aid” to Russia.
Here’s the latest on the war and its ripple effects across the globe.
Want to rein in Russian oligarchs? Target the wealth managers, study says: For more than a year, Western nations have used sanctions to target connected Russian businessmen in the hope they would pressure President Vladimir Putin to end the war in Ukraine. But now, a team of researchers at Dartmouth College says those efforts, while cathartic, were largely ineffective, The Post’s Adam Taylor reports.
Instead, the researchers say in a new study, Western governments should focus on going after the experts — the lawyers, accountants and bankers — who manage the oligarchs’ offshore wealth. This method is essentially a “financial missile guidance system” for those countries hoping to punish business titans with ties to Putin, said Brooke Harrington, a professor of sociology at Dartmouth and one of the authors. Her point: By targeting specific wealth management professionals with links to multiple oligarchs, they can disrupt the finances and alliances of large numbers of the elite in one fell swoop.
Christian Shepherd, Natalia Abbakumova and Robyn Dixon contributed to this report.
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