FT News Briefing The elusive Ukraine peace deal
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Apr 28, 2025 Canadians are gearing up to vote for a new prime minister amidst politically charged discussions. Meanwhile, a controversial U.S. proposal could see Russia maintaining some territory in Ukraine, complicating peace talks. The podcast also dives into the fallout from a deadly airstrike in Kyiv, which has stalled negotiations further. Additionally, American companies express growing concerns over tariffs and a potential recession as they adjust their earnings forecasts amid changing consumer spending patterns.
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Putin's War Resolve Evident
- The worst airstrike on Kyiv this year shows Putin's reluctance to end the war.
- Putin isn't pressured enough to negotiate seriously yet, according to Ukrainians.
Putin's Limited Concessions
- Putin is only willing to concede his claims to four partial territories he occupies.
- He feels militarily strong enough to continue his current strategy without more concessions.
Ukraine's Red Lines Clear
- Ukraine is willing to recognize temporary Russian control but not official annexation.
- Zelensky rejects U.S. proposals recognizing Russia's 2014 annexation of Crimea as a red line.