The Modern Lens·Oct 7The Loop: Who Pays for War, and Why It Never Ends2.89 trillion dollars. 350,000 dead. The war budget is a loop — and you are in it. Here is how it works, why it spins, and why it never…A response icon2A response icon2
David Baverez·Jun 2Beijing, the unexpected winner in the conflict between the USA and IranThis column was published in l’Opinion on April 9, 2026
David Baverez·Jun 2China: Lessons to be learned from the self-destruction of Europe’s automobile industryThis « Lettre d’Asie » was published in L’Opinion on 17th February 2025.
Vladimir Rojankovski·Apr 14The Internal Rate of Return of Modern Warfare: A Missing Metric in GeopoliticsIn the high-stakes world of private equity and corporate finance, no major investment proceeds without a rigorous interrogation of its…
Andy Terekhin·Mar 2The 2026 War Content Economy: Monetizing the Middle East ConflictIn March 2026, information is a resource as vital as oil or ammunition. Millions of dollars are spent ensuring that when you argue until…
Oleh Cheslavskyi·Feb 11Industrializing Theft: How Putin’s System Scales Appropriation for a War EconomyWhen Russia’s defense budget grows from 2.1 trillion rubles to 13.5 trillion over thirteen years — a 6.4-fold increase — old theft schemes…A response icon2A response icon2
Nilesh·Feb 8Ukraine in 2026: Assessing Economic Strength, Military Arsenal & Industrial ResolveAs we look at Ukraine at the outset of 2026, I want you to see beyond the immediate, and perilous, headlines. Yes, Russian advances and…A response icon1A response icon1
Ryder Blackthorn·Feb 6Ukraine’s Wartime Capacity in Early 2026: Economy, Arsenal, Industry, and PeopleAn early-2026 snapshot of Ukraine’s wartime capacity — how money, factories, weapons, and manpower are being stretched to keep the country…A response icon2A response icon2
David Baverez·Feb 6China: the trip that Macron should have taken“Letter from Asia”, published in l’Opinion, 12th December 2025
David Baverez·Sep 18, 2025China and Europe: the golden anniversary ushers in the “Second China Shock”The Sino-European summit has above all revealed the yawning gap that exists between Beijing and Brussels. The EU has to accept that it is…
