The US-European Meetings: Good as it’ll get but not good enough Investment Conclusion Markets will ignore the outcome of the Washington talks. There are no implications for higher tariffs on Russian oil trade and its beneficiaries. So oil will settle down in the high ... Read More

Below is the content of joint European & Ukrainian Ceasefire Proposal finalised in London this week. It was given to the US side before Witkoff's visit to Putin. We shall see what comes out of that. The relevance to investors is this. US objectives diverge inceasi... Read More

Ukraine. Rubio and Witkoff will not attend talks in London after Ukraine rejects parts of the Ceasefire Proposal (giving Crimea to Russia). Ex General Kellog will go instead. Putin will be delighted. Zelensky can now be framed as the reason why the Cease Fire P... Read More