Skip to content
Search

Latest Stories

Europe

What We're Watching: Ukrainian city under siege, Ripple Effects, Afghan railway

What We're Watching: Ukrainian city under siege, Butterfly Effect, Afghan railway

A view shows cars and a building of a hospital destroyed by a Russian air strike in Mariupol, Ukraine.

Ukraine National Police/Handout via REUTERS

Zelensky calls hospital strike in Mariupol an ‘atrocity’

Children and mothers fall victim. On Wednesday, Russian bombs and missiles ravaged the strategic Black Sea port city of Mariupol in southeastern Ukraine, just 35 miles from the Russian border. In one of the war’s most gruesome moments thus far, a children’s hospital and birthing center were badly damaged by munitions, reportedly killing two adults and one child and injuring several others. A Ukrainian official said the attack occurred during an agreed-upon ceasefire with Russia. The town’s administrative center was also badly damaged. If the city falls, Russia would have all but established a “land bridge” to Crimea.


Russia uses conscripts. The Russian Ministry of Defense’s own media outlet admitted Tuesday that a small number of Russian conscripts (those drafted against their will into the army) had been sent into Ukraine, something that President Putin has repeatedly denied. It’s a further sign that Putin’s initial plan — for a swift takeover with professional soldiers — has failed. This could be politically dangerous for the Russian leader: conscripts going to Ukraine and possibly coming home in body bags is something that may have a more immediate impact on Russian public and elite opinion than any Western sanction or corporate departure from Russia.

US aid for Ukraine, but no jets. The US Congress agreed to earmark $13.6 billion in humanitarian and military aid for Ukraine as part of a broader budget bill. In haggling over the $1.5 trillion omnibus spending legislation, Democrats agreed to strike $15.6 billion in additional COVID relief funds. It remains to be seen whether Democrats will pay a price for prioritizing Ukraine over pandemic stimulus. Meanwhile, the Pentagon confirmed that it was formally rejecting Poland’s proposal to send Mig-29s to NATO for a handoff to Ukraine. Washington continues to have zero appetite for even the appearance of a direct clash between NATO and Russian planes.

Who owns Chelsea? The British government on Thursday included billionaire and Chelsea FC owner Roman Abramovich in its latest wave of sanctions against Russian oligarchs with assets in the UK and ties to the Kremlin. Perhaps fearing he'd be next on the list, the billionaire had already decided to sell his soccer club, current UEFA Champions League champion. Now the sale is on hold — although the UK has said a special license will enable the club to continue operating. Interestingly, Abramovich brokered the initial peace talks between Russia and Ukraine in February, but he and six other oligarchs, including Igor Sechin (CEO of energy giant Rosneft), are now sanctioned.

The Ripple Effect

Putin’s war has brought immense suffering to Ukraine, led to near-complete isolation of Russia from the West, and created a refugee crisis of historic proportions. But it’s also sending economic shockwaves around the world in ways that could profoundly affect everyday life. In the Middle East and North Africa, soaring prices for wheat and fertilizer (Russia and Ukraine are top producers of both) threaten a food crisis that could leave millions starving. Fears of an interruption in sunflower oil exports from Ukraine and Russia, meanwhile, have caused major economies like India to switch to palm oil. This, in turn, has driven up prices, forcing Southeast Asian producers like Indonesia to impose export bans. Meanwhile, Central Asian economies that depend on remittances from Russia are reeling as the Russian economy nosedives. Worldwide, higher energy prices are slamming economies already struggling with pandemic-related inflation. The ripple effects are far-reaching, and we are only just beginning to see them. What aspects of the crisis are echoing where you live?

Iran, Afghanistan discuss massive rail project

Tehran is talking to the Taliban about resuming a massive rail project connecting five Central Asian countries, which the Iranians hope will boost trade and travel while limiting transit costs. The Khaf-Herat link, halted when the Taliban seized control of Afghanistan last year, is part of the $2 billion Five Nations Railway Corridor that will link China, Kyrgyzstan, Tajikistan, Afghanistan, and Iran. While Iran has not yet officially recognized the Taliban as the Afghan government, it remains Afghanistan’s No. 1 trade partner and its key oil supplier. The project is a big deal. If completed, the railway would connect China to Turkey and Europe along the ancient Silk Road. For another, Afghanistan would surely benefit from modern infrastructure to trade its mineral wealth

.

More For You

Prime Minister Narendra Modi, with President of the European Council António Luís Santos da Costa, and President of the European Commission Ursula von der Leyen in New Delhi, India, on Jan. 27, 2026.

Prime Minister Narendra Modi, with President of the European Council António Luís Santos da Costa, and President of the European Commission Ursula von der Leyen, at Hyderabad House, in New Delhi, India, on Jan. 27, 2026.

DPR PMO/ANI Photo
On Tuesday, the world’s largest trading bloc and the world’s most populous country cinched a deal that will slash or reduce tariffs on the vast majority of the products they trade. If approved by the European Parliament and the Indian cabinet, the deal will cut duties on nearly 97% of EU exports to India, while the EU will grant preferential [...]
Greenland, tariffs, and the transatlantic relationship
- YouTube
In this episode of GZERO Europe, Carl Bildt examines how an eventful week in Davos further strained transatlantic relations and reignited tensions over Greenland. President Trump arrived threatening new tariffs on Europe and pressing Denmark over Greenland. European leaders responded forcefully, arguing that the tariff threats would violate [...]
​FILE PHOTO: European Commissioner for Trade Maros Sefcovic and India's Trade Minister Piyush Goyal pose after signing an agreement, as European Commission President Ursula von der Leyen, Indian Prime Minister Narendra Modi and European Council President Antonio Costa stand behind them, at the Hyderabad House in New Delhi, India, January 27, 2026.

FILE PHOTO: European Commissioner for Trade Maros Sefcovic and India's Trade Minister Piyush Goyal pose after signing an agreement, as European Commission President Ursula von der Leyen, Indian Prime Minister Narendra Modi and European Council President Antonio Costa stand behind them, at the Hyderabad House in New Delhi, India, January 27, 2026.

REUTERS/Altaf Hussain/File Photo
World’s largest economic bloc, most populous nation sign trade dealAfter nearly 20 years of negotiations, the European Union and India struck a trade deal that will slash or remove tariffs from nearly 97% of all EU exports to India, and grant preferential entry to the European market for 99% of Indian products. The deal would double the amount of [...]
Senior Gen. Min Aung Hlaing (R) arrives at a polling station in the Myanmar capital of Naypyitaw on Dec. 28, 2025.

Senior Gen. Min Aung Hlaing (R) arrives at a polling station in the Myanmar capital of Naypyitaw on Dec. 28, 2025, for the country's first general election since a 2021 coup.

Kyodo
57: The number of seats – out of 61 – that Myanmar’s military-backed Union Solidarity and Development Party has won in the lower house following Sunday’s election, according to a party official. The election, the first since the army seized power in 2021, was widely viewed as a sham, with many townships refusing to vote. [...]