Geopolitics

The ripple effects of the Russo-Ukrainian war are spreading and intensifying. Deglobalisation will jeopardise the prosperity and welfare of millions.

The ripple effects of the Russo-Ukrainian war are spreading and intensifying. Their impact is being felt in almost every corner of the globe, revealing an international system under duress.

The US-led rules-based order has survived and prospered for 77 years through numerous regional conflicts, terrorist outrages and economic shocks. But this time it’s different. Although not the sole cause, the Ukraine conflict is driving a once-in-a-century redesign of the world’s economic and geopolitical plumbing.
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In his vainglorious march to conquest, Russian President Vladimir Putin has decided to bomb Ukraine back to the Stone Age. He is deliberately and criminally targeting civilians with vacuum, cluster and phosphorus munitions to break
Ukrainian morale in flagrant violation of international humanitarian law. Chemical and biological weapons may be next. They are weapons of mass destruction.

Putin’s war of liberation is turning into a war of obliteration. It must be stopped to save lives, maintain Ukraine’s sovereignty, uphold democracy, and prevent eastern Europe and the Baltic States from disappearing behind another iron curtain.
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Russia’s invasion of Ukraine has shattered three stultifying illusions and delivered a rude wake-up call to a complacent and self-obsessed West. Vladimir Putin’s game-changing aggression will lead to a hardening of the systemic divide between democracies and autocracies; increased geopolitical risk; higher defence spending; less globalisation; greater financial market volatility; rising inflation driven by surging energy and commodity prices; and a significant push by Europe to diversify its energy supplies away from Russia.
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Are Russia and China deliberately undermining democracies in order to replace the Western-led liberal international order with their own authoritarian model? This is the central claim by the recently released US defence strategy, the most important in a generation. And it’s a belief that is driving the Turnbull government’s tougher response to foreign interference. Read more