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Russian President Vladimir Putin is sweetening the deal with President Trump over peace negotiations regarding ending the Ukraine War.
Trump has been vocally supportive of the Russian view on ending the war and Putin is likely returning the favor to make Ukrainian concessions easier for POTUS.
Russia has a 10 to 1 population advantage in this attrition war and regaining territory under now Russian control is simply not likely.
On the eve of a phone call with Donald Trump, Vladimir Putin unveiled his latest overture to the United States. For the first time in three years of war, he signed an order on Monday allowing major US investment funds to sell their holdings of frozen Russian securities. The move comes as US media report the White House is looking at what carrots it can offer Moscow, with the potential recognition of Crimea as Russian territory on the table, reported independent Russian news outlet The Bell.
- Vladimir Putin has signed an order allowing ten investment funds from the US and UK to sell their assets in Russia. From the list of firms, it is clear the assets in question are Russian securities, in which non-resident investors held large stakes before the war. On 1 February 2022, non-residents owned around 20% of Russian government bonds (OFZs). Among those given the green light to sell are some of the largest Western funds that have invested in Russia, including Franklin Templeton, GMO, Jane Street and Baillie Gifford.
- Putin’s decision is a milestone: no Western investment fund has yet been able to pull out or sell securities stuck in Russia. They have not been nationalised, but the assets have been transferred to frozen so-called type-C escrow accounts, from which money cannot be withdrawn without permission from the Russian authorities. In total, these accounts had assets worth 500 billion rubles ($6.4 billion) in them as of March 2023, Bloomberg reported, citing Central Bank data.
