Russia-Ukraine Conflict: Small Retreat, But Not A Great Peace
In Istanbul, offers for a solution to the Ukraine war were again on the table, and Russia signaled relaxation. There is currently not enough evidence for an agreement. The mood on the stock exchange improved immediately after these developments: Russia wants to have initiated a "radical" reduction in "military activities" near Kiev and Chernihiv - "to strengthen confidence". Now that practical steps are being taken to prepare an agreement with Ukraine. The Russian negotiators, who met with the Ukrainian delegation in Istanbul this Tuesday, called the talks "significant" and "constructive". The Ukrainian side presented a "comprehensibly formulated position for inclusion in a treaty". Signals of relaxation? Approaching a compromise that both sides could endure? The end of the war within reach? Probably not yet. The Ukrainian proposals are now to be submitted to the Russian President before there is a substantive answer on how a...