No Peace
3rd April 2025
ZMan looks at the war.
After a flurry of peace talks in Saudi Arabia, the Trump peace initiative regarding the war in Ukraine seems to have run out of steam. The last round of talks stalled over the conditions required to create a Black Sea ceasefire. The Russians laid out the conditions they would require, the conditions they agreed to in 2022 under the Black Sea grain deal. Ukraine flatly rejected those terms this time. The Europeans have also made clear that they will never agree to peace.
After Ukraine and the EU rejected the terms, Putin said some things that got little note in the West but were clearly a signal to the Trump administration. The first was at a meeting of Russian industrialists where Putin told them that despite talks with Washington, they should not expect the end of sanctions. The new world order, so to speak, is one in which the Russian economy will operate independently of the West and within the framework of BRICS.
That was a clear signal to the Trump people that ending sanctions was not a carrot and new sanctions are not a stick. The Russians have moved on from the old model where their economy was connected to the Western model. Despite the last three years, the West remains convinced that sanctions are working, and that Russia desperately wants back into the Western economic model. Until the Trump administration sees the folly in this, negotiations with Russia will go nowhere.