Putin should have accepted Trump’s deal. Now Russia’s collapsing economy could lead to his downfall | Simon Tisdall
Putin should have accepted Trump’s deal. Now Russia’s collapsing economy could lead to his downfall | Simon Tisdall
The war against Ukraine has hit ordinary Russians hard, and the deteriorating situation is likely to inflame tensions
People in Britain who think they are governed by fools should take a closer look at the Russian and US presidents. Vladimir Putin is systematically ruining his country. His war of choice in Ukraine is an economic, financial, geopolitical and human calamity for Russia that worsens by the day. For his own murky reasons, Donald Trump, another national menace, offered him a lifeline last week. Yet Putin spurned it. These two fools deserve each other.
On the table in Moscow was a “peace” deal that, broadly speaking, rewarded Russia’s aggression by handing over large chunks of Ukrainian land, compromised Kyiv’s independence and weakened its defences against any future attack. The Trump deal, if forced through, would have split the US and Europe; ruptured Nato, perhaps fatally; reprieved Russia’s pariah economy; and probably toppled Volodymyr Zelenskyy’s government.
Simon Tisdall is a Guardian foreign affairs commentator
Summary: A key business and economy update curated by IndiaTips.in.
Why this matters: This development may affect companies, jobs, trade, or the wider business environment.
Source: Original business report via Business | The Guardian
