How to Slay a Dragon
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The New Russia Sanctions Look Tough. Are They?
The measures look very tough. But Trump has considerable freedom over how he uses them.
Sep 20
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Mikhail Khodorkovsky
42
1
11
The mobilization will not be televised. It will just happen
It is the fundamental error of the West to assume Putin is looking for a way out. He thinks he just has to hold on a little longer, and then everything…
Sep 17
•
Mikhail Khodorkovsky
193
16
36
What happens if Putin is no longer up to the job?
Russian dictator repeats nonsense about orcas and missiles, gets battlefield locations wrong and struggles to read prepared answers.
Sep 17
•
Mikhail Khodorkovsky
149
13
27
What Putin is waiting for in Europe
Putin sees the AfD’s success in Saxony-Anhalt as grounds for optimism
Sep 14
•
Mikhail Khodorkovsky
90
9
18
What Putin inherited when Prigozhin died
Imagine your president taking over the criminal empire of a man who had marched an army towards your capital. That is what Putin did after Prigozhin’s…
Sep 9
•
Mikhail Khodorkovsky
75
7
13
The moment I realized Putin was a sociopath
How Putin Sacrificed Children for Power
Sep 3
•
Mikhail Khodorkovsky
165
21
41
August 2026
What Moscow doesn't know about its own oil refineries
Western analysts keep asking whether Ukraine's campaign against Russian refineries is actually working. I ran Russia's largest oil company and my answer…
Aug 18
•
Mikhail Khodorkovsky
502
16
71
They panicked.
The Kremlin is not afraid of losing an election, because the procedure we're about to witness is not an election. They're afraid of losing control of…
Aug 11
•
Mikhail Khodorkovsky
165
18
24
Putin Thinks Time Is on His Side. It Isn’t.
Sanctions alone will not end the war in Ukraine. But Russia is consuming its reserves and human capital just as Europe’s military industry begins to…
Aug 3
•
Mikhail Khodorkovsky
159
13
32
July 2026
Putin’s "Special Electoral Operation"
What is happening before September’s “elections” in Russia and what is likely to come after
Jul 28
•
Mikhail Khodorkovsky
62
6
6
Why Hasn't the Russian Economy Collapsed? Inside Putin's War Machine
Why analysts waiting for an economic collapse are getting it wrong
Jul 6
•
Mikhail Khodorkovsky
249
34
52
Why the Fuel Crisis Is Spreading Across Russia
Drone strikes cut the output by a quarter — what turned that into a national crisis is how Russia is governed
Jul 5
•
Mikhail Khodorkovsky
288
16
51
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