Articles by Max Hess

Russia-Ukraine Debt Dispute Threatens IMF (Op-Ed)

The conflict between Russia and Ukraine over Ukrainian debt could have serious consequences for the IMF as an institution of the global post-Cold War order, writes columnist Max Hess.


Since Abkhazia's secession from Georgia, the Black Sea town of Batumi, a stone's throw from the Turkish border, can claim the title of the country's westernmost city, both in terms of geography and atmosphere. Up until 2004, there was no hint that Batumi would get this honor. Its raison d'etre in the Soviet period was as an industrial port and refinery town for oil from Baku.