The Risk Report.

The article discusses the ongoing conflict between Russia and Ukraine nearly four years after Russia's full-scale invasion, highlighting the lack of resolution as 2025 approaches. It notes a shift in support dynamics, with European nations increasingly taking the lead in aiding Ukraine, while the U.S. under the Trump Administration continues to escalate its actions against Russia, including sharing intelligence and allowing Ukraine to target deeper Russian assets. Despite these efforts, the article emphasizes that a negotiated settlement seems unlikely, as Russia demands more concessions from Ukraine, which are unacceptable to its government. The situation remains dire for Ukrainian civilians, and the conflict is expected to persist with significant casualties on both sides. [Extracted from the article]