The Intelligence from The Economist
The long game: how will US missiles help Ukraine?
Nov 18, 2024
Shashank Joshi, Defence editor for The Economist, and Simon Rabinovich, U.S. economics editor for The Economist, dive into the implications of the U.S. allowing Ukraine to use long-range missiles against Russia. They discuss President Biden's shift in strategy and the geopolitical ramifications. The conversation also touches on Trump's economic policies and their mixed long-term effects on the stock market. Lastly, they explore the revival of airships, highlighting their potential in cargo transport and innovative delivery systems.
24:45
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Quick takeaways
- The US decision to allow Ukraine to use long-range missiles against Russian targets marks a significant shift in military strategy amid escalating tensions.
- Donald Trump's economic policies, known as Trumponomics, could lead to increased fiscal deficit and inflation despite initial market optimism from tax cuts and deregulation.
Deep dives
Ukraine's Use of Long-Range Missiles
Ukraine has been granted permission to utilize US-supplied long-range missiles against Russian targets, marking a significant policy shift. This decision, although not yet officially confirmed, was indicated by President Zelensky, who believes it will bolster Ukraine’s morale and strengthen its position in potential negotiations. The American administration's delay in this decision was largely influenced by concerns over escalating tensions with Russia and North Korean involvement in the conflict. Vital targets for Ukraine include command posts and logistics hubs, particularly in the Kursk region, although this strategic limitation raises questions about military efficacy.
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