The Intelligence from The Economist

Tanks-giving parade? Arming Ukraine

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For nearly 11 months Western powers have resisted providing tanks to Ukraine, fearing an unpredictable Russian escalation. What happens now that red line has rightly been crossed? Bankruptcy proceedings simply are not built to untangle the mess left behind by the implosion of FTX, a spectacularly failed crypto firm. And what California’s deadly floods reveal about its climate future.

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