Interesting tweet from the founder of the investigative group Conflict Intelligence Team. image
With 2025 nearly done, we're all naturally looking back at the year. My glorious Meduza podcast, The Naked Pravda, was MIA for several months, but we're back now. My favorite interview all year was with Julia Ioffe about her excellent book "Motherland." I recommend it to you all.
In a new interview with Ukrainska Pravda, military analyst Michael Kofman discusses why fieldwork in Ukraine is needed to access POVs unavailable remotely, how Russia & Ukraine adapt/replicate differently, & 2026's "horizontal escalation" risks. I wrote this brief summary.
who could have expected this image
New Bloomberg investigation into the covert “shadow fleet” of LNG tankers China and Russia use to circumvent sanctions. Shell companies, older vessels, deceptive practices, and at least $500M in discounted gas for China and crucial revenue for Moscow. https://www.bloomberg.com/graphics/2025-china-russia-lng-shadow-fleet/?embedded-checkout=true
Citigroup's board has approved a plan to sell "AO Citibank," its remaining business in Russia, to investment bank Renaissance Capital. The move that will result in a pre-tax loss of about $1.2 billion in the current quarter. Alas! https://www.reuters.com/legal/transactional/citigroup-board-approves-sale-russia-unit-ao-citibank-flags-12-billion-loss-2025-12-29/
Danish pharmaceutical giant Novo Nordisk (the maker of Ozempic) has asked Russia’s patent office to bar exports of a domestically produced copy ("allowed" under a wartime "compulsory license") to Kazakhstan, Azerbaijan, & Paraguay. (The Russian manufacturer is Geropharm.)