U.S. delegation meets with Putin in latest bid to end Ukraine war

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illuminem summarises for you the essential news of the day. Read the full piece on The Washington Post or enjoy below:

🗞️ Driving the news: A U.S. delegation, led by Jared Kushner and Steve Witkoff, is in Moscow for high-stakes talks with Russian President Vladimir Putin on a revised peace plan for Ukraine
• Despite ongoing discussions, Russia continues to assert military victories and pressures Ukraine for territorial concessions
• The peace efforts, which have met resistance from Ukraine and Europe, remain in a delicate phase, with key issues unresolved

🔭 The context: U.S.-led peace negotiations have faced criticism for favoring Russian demands, particularly regarding territorial concessions and NATO expansion
• Ukraine's internal challenges, including corruption scandals and economic strain, have weakened its negotiating position, while European nations express concerns over the lack of their involvement in the process

🌍 Why it matters for the planet: The outcome of these negotiations could have far-reaching geopolitical implications, influencing Europe’s security dynamics, global energy markets, and the broader balance of power
• Europe's involvement is crucial, as any deal will directly impact its future stability and relations with both Russia and the U.S.

⏭️ What’s next: Negotiations are expected to continue with the possibility of Russia offering a counterproposal
• The U.S. will likely face increased pressure from both Ukraine and European allies to secure a deal that respects Ukraine's territorial integrity while addressing Russia's demands
• The next steps could significantly shape the trajectory of the war and the region's future

💬 One quote: “The conversation is now dominated by the question of what price Kyiv will be forced to pay to end the fighting.” — Tatiana Stanovaya, Carnegie Eurasia Center

📈 One stat: Russian state oil and gas revenue fell 35% year-on-year in November, placing additional financial strain on Moscow’s war effort

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