Articles by Todd Wood

Ukraine's Sick Economy Needs Peace

Despite winning closer relations with the EU, many Ukrainians are losing faith in the Maidan revolution as war rages in eastern Ukraine. Their future is dependent on the duration and outcome of a civil war, that, no matter its conclusion, has already significantly damaged the country's economy.

One Way to Punish Russia

The expansion of Western natural gas infrastructure can reduce EU dependency on Russian gas and eliminate the threat of gas cutoffs.

Don't Worry About U.S. Fracturing

Unfortunately for Russia, the U.S. has taken the lead in hydraulic fracturing technology and is now leading the world in overall petroleum exports. It is entirely possible that the U.S. will become energy independent in the next decade.

No Free Parking in Latvia

A big risk for Russian depositers in Latvia is a repeat of the 2009 real estate crisis. Already, a real estate bubble may be forming.

Why Bashar Assad Is Staying

Historical ambitions, commercial interests and security concerns will prevent Russia from ever allowing the Assad regime to be removed.