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Vue lecture

A Debt-Fueled “Doom Loop”

Some democracies seem caught in a trap: Spend more and risk market panic, or cut benefits and empower the far right.

© Stephanie Lecocq/Reuters

In Paris on Saturday.
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Who Is Stephen James Hubbard, the American Released From Russian Jail?

Mr. Hubbard, a 74-year-old teacher, was held for more than four years on what the State Department called fabricated charges.

© Moscow City Court Press Service

A still from video released by the Moscow City Court Press Service showing Stephen Hubbard at a hearing in the Russian capital in 2024.
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Russia Releases American Stephen Hubbard From Prison, State Media Reports

The move buys good will with President Trump while costing the President Vladimir V. Putin — who is wanted for war crimes — little.

© Moscow City Court, via Associated Press

A photo provided by the Moscow City Court showing Stephen James Hubbard in court in 2024.
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Trump Says He Asked Putin to Release an American Jailed in Russia

The president called for the return of Stephen James Hubbard, a Michigan teacher seized from his home in Ukraine months after Russia invaded that country.

© Moscow City Court, via Reuters

A photograph provided by the Moscow City Court showing Stephen James Hubbard during a hearing in 2024.
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Trump’s Push for Deals With Russia Powers His Frustration With Ukraine

The series of recent steps by the president that seem to favor Vladimir Putin reflect his intensifying desire to normalize the relationship with Moscow even if it means further undercutting Ukraine.

© Tierney L. Cross/The New York Times

President Trump with President Volodymyr Zelensky of Ukraine at Mar-a-Lago in December.
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Trump’s Push for Deals With Russia Powers His Frustration With Ukraine

The series of recent steps by the president that seem to favor Vladimir Putin reflect his intensifying desire to normalize the relationship with Moscow even if it means further undercutting Ukraine.

© Tierney L. Cross/The New York Times

President Trump with President Volodymyr Zelensky of Ukraine at Mar-a-Lago in December.
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