Josep Borrell: The Strategy Against Russia Is Working and Must Continue

with Slavoj Žižek, Mariana Mazzucato, Brahma Chellaney, Ana Palacio, and more The Sunday Newsletter [View this message in a web browser]( [PS on Sunday]( SEPTEMBER 18, 2022 This week at [Project Syndicate]( Nancy Qian points out that, from communist central planning and eventual liberalization to the current mode of strongman rule, China has mirrored Russia for the past 100 years; Joseph E. Stiglitz and Dean Baker see several reasons for the US Federal Reserve to hit pause on further interest-rate hikes; Josep Borrell assesses the implications of the Ukrainian armed forces’ successful counteroffensive; and more. Politics & World Affairs [China’s Future Will Reflect Russia’s]( [Nancy Qian]( highlights how China has often followed in the footsteps of its northern neighbor, for better or worse. Economics & Finance [The Fed Should Wait and See]( [Joseph E. Stiglitz]( and [Dean Baker]( note that while interest-rate hikes so far have slowed the economy, their impact on inflation is far from certain. [Online event: Digital Quality of Life Index 2022]( Economics & Finance [The Strategy Against Russia Is Working and Must Continue]( [Josep Borrell]( says that Ukrainian forces’ recent success shows that Western sanctions are achieving their intended effect. Politics & World Affairs [Ukraine Is Palestine, Not Israel]( [Slavoj Žižek]( explains why the war must be framed in universal terms, rather than as a defense of Europe. [PS Global Bookmark: What’s Breaking Democracy?]( [What’s Breaking Democracy?]( [William H. Janeway]( traces the historical roots of the West’s current problems to the rise of neoliberalism in the 1970s. Economics & Finance [Is the Pound Close to the Breaking Point?]( [Gene Frieda]( argues that the United Kingdom’s planned energy price cap could lead to a sterling collapse. Politics & World Affairs [Europe’s Energy Myopia]( [Ana Palacio]( laments the EU’s failure to pursue a forward-looking, unified approach to the current crisis. [PS Big Picture: Will Ukraine Win?]( [Will Ukraine Win?]( [Dina Khapaeva]( [Simon Johnson]( [Richard Haass]( and more assess the significance of Ukraine’s recent territorial gains against Russia. Smart Development [Failing the Pandemic Preparedness Test]( [Mariana Mazzucato]( thinks the international community is falling woefully short on averting future global health crises. Politics & World Affairs [Ukraine’s Coming Winter of Decision]( [Richard Haass]( thinks the country’s leaders will have to use the lull in the fighting to weigh war goals and economic costs. [PS Quarterly: A World of Dangerous Debt Limbo]( [A World of Dangerous Debt Limbo]( [Nancy Birdsall]( and [Clemence Landers]( explain what needs to be done to prevent developing-country debt problems from spiraling out of control. Politics & World Affairs [Biden’s Dangerous Embrace of Pakistan]( [Brahma Chellaney]( criticizes the US administration for cozying up to a country that continues to host and nurture terrorists. Politics & World Affairs [Requiem for an Empire]( [Robert Skidelsky]( reflects on Queen Elizabeth II's role preserving Britain's global influence as the head of the Commonwealth. [Did you miss our Forsaken Futures virtual sustainability event? Watch it now at the link.]( Project Syndicate publishes and provides, on a not-for-profit basis, original commentary by the world's leading thinkers to more than 500 media outlets in over 150 countries. Receipt of this newsletter does not guarantee rights to re-publish any of its content. This newsletter is a service of [project-syndicate.org](. © Project Syndicate, all rights reserved. [Unsubscribe from this list](