Western outlets like Reuters and the New York Times report that Russian President Vladimir Putin is unwilling to accept Donald Trump’s ultimatum and is committed to pursuing his military objectives in Ukraine. According to Reuters, Putin is confident in his army’s strength and doubts that new sanctions will be effective.
Putin aims for full control over Donetsk, Luhansk, Kherson, and Zaporizhia regions. Negotiations with Ukraine have occurred three times since May but have focused on humanitarian issues with no substantive progress. Despite some desire to maintain relations with the West, Putin’s priorities remain military goals.
The New York Times notes that Trump has not managed to frighten Kremlin elites; the Russian leadership is not ready for compromise and is increasingly skeptical about talks with the US. Kremlin sources dismiss ultimatums and maintain a hard stance.
Meanwhile, the Russian economy is under pressure: July oil revenues dropped nearly 30% year-on-year, gas income also decreased, and Russian front companies in the UAE are experiencing increased scrutiny. Business activity in Russia has hit a three-year low, and national reserves are being depleted.
Sweden, Denmark, and Norway have announced new aid for Ukraine to buy American weapons. At the same time, Trump’s participation in upcoming US elections is in doubt, potentially affecting future support for Ukraine and international politics.
