My 2025 year in photos

Roman Sheremeta

Professor of Economics, Board Member, Fellow

Weatherhead School of Management at Case Western Reserve University

Cleveland, Ohio, United States

About

Roman Sheremeta, Ph.D., is a professor of economics at the Weatherhead School of Management at Case Western Reserve University and the founding rector of American University Kyiv. He earned his Ph.D. in economics from Purdue University and has received numerous research and teaching accolades, including the 2018 Smith Ascending Scholar Prize for a “budding genius” in social science.

Sheremeta was recognized as a Top Economic Thinker of Ukrainian Descent by Forbes in 2015, a top-rated young economist globally by IDEAS in 2018, and the Best 40 Under 40 Professors by Poets and Quants in 2019.

Since Russia’s full-scale invasion of Ukraine, he has been actively engaged in delivering humanitarian aid and working on various initiatives to rebuild Ukraine, including the National Recovery Council, an advisory board to the President of Ukraine. He is a board member of Save Ukraine and Ukrainian American House, organizations dedicated to returning kidnapped Ukrainian children and supporting Ukrainian people.

Professor Roman Sheremeta

Dec 31, 2025

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Happy New Year!

U.S. Dollar has lost 10% of its value in 2025.

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On this day three years ago, russians ruthlessly executed Oleksandr Matsiyevskyi after he said, “Slava Ukraini.”

He was a sniper of the 163rd Battalion of the 119th Separate Brigade. He was taken captive near Bakhmut. Unarmed, he was shot dead by russians after speaking the words “Slava Ukraini” — Glory to Ukraine. The execution was filmed and published by the russians themselves.

Oleksandr Matsiyevskyi was posthumously awarded the title Hero of Ukraine. Over the past three years, many monuments have been unveiled and streets renamed in his honor.

By executing a Ukrainian Hero, russians fueled a fire that is already consuming them — and will consume them entirely. This fire is the Ukrainian will to fight for survival and freedom.

For the Ukrainian people, to die with dignity is more important than to live as slaves. To die with dignity means knowing that your final moment has come — and choosing to meet it with dignity; to go on your own terms; to go with words you chose yourself on your lips; to take your last breath without fear; to take your time; to say “Slava Ukraini” — and to die.

Oleksandr Matsiyevskyi will be remembered forever.

Eternal memory and eternal glory to the Ukrainian Warrior.

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Russia always lies.

For any negotiation to be successful, both sides must trust that the agreed conditions will be honored.

Ukrainians would have to trust that Putin would uphold a peace agreement. But the only thing we can reliably trust about Putin is that he lies — consistently and without consequence. This is the same man who repeatedly and publicly claimed he had no intention of invading Ukraine, only to launch a full-scale invasion days later.

From the Budapest Memorandum — where russia committed to respect Ukraine’s sovereignty — to hundreds of direct Kremlin falsehoods like “we are not going to attack Ukraine,” the pattern is constant. They lie as a matter of state policy. Any guarantees issued by russia are worth nothing.

Now imagine a scenario in which a “peace agreement” is signed. Trump declares it “the best deal ever” and even announces some form of security guarantees.

Then, one day, russia claims there was an assassination attempt on Putin. Ukrainian drones allegedly targeted his residence. No evidence is required — perhaps a few fabricated photos or videos will do. The Kremlin declares the agreement void and resumes military operations. That’s it.

This is not hypothetical. This is how russia operates. They fabricate pretexts. They lie reflexively. They break promises without hesitation.

You cannot make agreements with liars. And you cannot build peace on the word of a regime that has never honored it

Comment from :

Marijn Markus

US Security guarantees to Ukraine are meaningless if Putin can lie this blatantly to Donald and he just believes it

Alina Pereverzieva

They know they are lying, we know they are lying, they know we know it, we know they know we know it — and only Trump pretends to be oblivious.

Sandy Z.

Alina Pereverzieva : disagree that Trump “pretends.” More like “complies” with the Russian narrative because of hidden leverage we suspect is there but cannot confirm due to both parties’ rep for lies and misinformation.

Uwe H.

Bottom line: this time the lie doesn’t even need to travel far.
The Kremlin finally has what it always wanted — a willing mouthpiece and enabler in the White House, fluent in the same dialect: contempt for facts, allergy to accountability, and a transactional view of power.
Trust, evidence, guarantees — all dismissed as tedious details. Reality is optional; loyalty is not.
When the arsonist promises peace and the fire marshal nods along, the problem isn’t Russian deception anymore.
It’s that the lock on the door has been opened from the inside.
Call it diplomacy if you like. History will call it collaboration.

Sylvain Marc

Nadia Diakun-Thibault

Putin’s lying ‘record’ is the skip on a 33 rpm long playing album pressed circa 1989, when the Berlin Wall came down.
On perpetual repeat.

Putin’s mission: restore the Soviet Union.
Lukashenko’s Belarus is compliant.
Orban’s Hungary has forgotten 1956.
Fico’s Slovakia too has forgotten.
Poland, Lithuania, Latvia, and Estonia have not forgotten.

The united states of amnesia.
(Hint: It’s an acrostic… first letter of each line.)

America.
Lost in translation.
Alternative facts.
Redacting history.
Manufacturing reality.
Inventing rationality.
Never honesty.
Gob-stopping daily.

We are here:
at the end of 2025,
on the cusp of 2026.

Iric Albert van Doorn

Unfortunately Russia will only stop when it cannot continue…..

So that’s your strategic objective.

2 comments

  1. Roman :

    “You cannot make agreements with liars. And you cannot build peace on the word of a regime that has never honored it.”

    Demonstrably true.

    Iric Albert van Doorn :

    “Unfortunately Russia will only stop when it cannot continue…..
    So that’s your strategic objective.”

    Also demonstrably true.

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