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Today marks the sixth anniversary of Russia’s illegal annexation of Crimea—the biggest land-grab in Europe since World War II. Steven Pifer writes that though attention has shifted from Crimea to the Russian-Ukrainian conflict in Donbas, the West should not let Russia get away with infringing on Ukraine’s sovereignty in Crimea.
There will be substantial economic fallout from COVID-19. Jay Shambaugh argues for another round of fiscal policy that can provide income or liquidity cushions to support households, ensure broad and continuous access to safety net programs, provide incentives for employers to avoid layoffs, and otherwise stimulate the economy.
Additionally, Ryan Nunn explains that measures to strengthen unemployment insurance will also be crucial as the economy continues to slow down. Want to receive more of our latest analysis on the impacts of the coronavirus? Sign up for email updates here.
“Sustaining the rule of law is, at the end of the day, a fundamental societal choice between creating a culture of lawfulness for all citizens, even in bad times, or allowing strongman rule and power politics to prevail.” Ted Piccone analyzes the backsliding of the rule of law, areas for optimism, and steps to turn back the tide.
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