The price of Putin

By invading Ukraine, Vladimir Putin has made the world a more perilous place.

Geopolitically, it’s been a horrific fortnight. On February 24, Russia launched a large-scale invasion of Ukraine, one of its neighbours to the southwest. It marked a significant escalation between the countries—they have been clashing since Russia annexed the Crimean peninsula in 2014. The situation is changing rapidly. Missiles are striking civilian l…