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As we send this final issue of 2025 to print, uncertainty hangs over the region and the world beyond. Since Donald Trump returned to office in January, we have witnessed a dramatic shift in US policy toward Ukraine and Russia, most visibly in the form of a newly promoted “peace process”. Like all people of good will, we hope for an end to the aggression. Yet we remain convinced that if the international order is to retain any meaning, this war must end justly – on terms accepted by its victim, Ukraine – and not to the advantage of the aggressor, the Russian Federation. Only such an outcome can lay the foundation for a lasting peace in Ukraine and across Europe. Any alternative would carry risks that we should be determined to avoid.
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