Putin and Trump to Meet Amid Russia's Fiscal Crunch

Russian President Vladimir Putin is set to meet with former U.S. President Donald Trump amid growing financial pressures on Russia's military operations. While these economic challenges might not force Putin to pursue peace immediately, they indicate increasing strain on Russia's ability to sustain its war efforts.

The US and Russia are reportedly negotiating a truce deal that would effectively lock in Russia's territorial gains in Ukraine, according to Bloomberg. This potential agreement could end active fighting but may leave Ukraine at a disadvantage by recognizing Russia's control over occupied regions.