Donald Trump has been doing his homework. Much has been written about Russia’s war economy, painting the picture that the military-industrial infrastructure is booming. But Trump is discovering that the war in Ukraine has wrecked Russia’s finances, and made any prospect of a straightforward return to a civilian economy unlikely.
It has taken Trump a long time, but he has come round to the view repeated endlessly by European leaders: provided military and economic support for Kyiv is maintained, Putin at some stage will be forced to call it quits. If that backing is not guaranteed, the Russian president will continue to believe that aggression pays.
The recent launching of Russian drones into Poland, Romania and over Copenhagen airport (suspected), and the flight of three Mig-31 fighter j