MARCH 2022 | NO 2203

UNITED STATES

MIDDLE EAST

INDIA

Crisis in Ukraine: America is back Iraq and Syria, the undisclosed price Kerala brings hope to India’s Muslims For the US, its status as pre-eminent world superpower was never in doubt | MICHAEL T KLARE ▶ p2

How many civilian casualties caused by US coalition and Russian strikes? | DAMIEN LEFAUCONNIER ▶ p6

Communism and Islam coexist peaceably in India’s southern state | piere daum ▶ p10

ECONOMY

Inflation is back, courtesy of global pandemic Central bankers face dilemma: tamp down inflation or stimulate growth? | FRÉDÉRIC LEMAIRE ▶ p14

ENGLISH

I M A G E S

C S A

· G E T T Y

· A F P

Z H A O

W A N G

· G E T T Y War in Europe On 23 February, Russia

. 9 9

| U S $ 5

£ 4

invaded Ukraine. The West responded  with a wave of economic reprisals, but sanctions alone will not bring peace

How sanctions failed to deter Russia | hÉlÈne richard & anne-cÉcile robert ▶ p4