Learn more

By Leonid Ragozin in Riga The long-delayed allocation of $61bn by the US Congress gives Ukraine yet another chance to negotiate peace with Russia without losing even more lives and territory, provided it succeeds in stalling the current Russian offensive. But the political class, both in Ukraine and the West, is too invested in a maximalist vision of Ukraine’s victory, while Putin is confident he can realistically end the conflict on his terms and – as things stand now – he might have a point. All of that means that the war could spill into 2025 or beyond, when Russia may very well be quite wo…

cuu