Witkoff, Kushner and Kremlin envoy Dmitriev didn’t plan peace, they planned business, writes WSJ.
In Miami they mapped a way to pull Russia’s $2T economy back into global markets, with U.S. companies beating Europe to the profits.
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Dmitriev pushed access to Russia’s $300B frozen assets, Arctic gas fields, rare-earth mines and even a joint SpaceX mission.
He told them U.S. firms could grab LNG blocks, nickel deposits and Arctic transport routes if Trump cut a deal.
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The leaked 28-point plan read like Moscow’s wish list: territorial concessions in Donetsk, U.S.–Russia investment funds and profit-sharing from “reconstruction.”
Poland’s PM Donald Tusk: “This is not about peace. It’s about business.”
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Putin’s oligarchs, Timchenko, Kovalchuk, the Rotenbergs, already met U.S. companies about gas blocks and rare-earth sites.
Exxon discussed returning to Sakhalin with Rosneft.
Trump-linked investors lined up for Arctic LNG and even Nord Stream 2.
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Witkoff flew to Russia 6 times in 2025.
He talked oil, Arctic shipping and prisoner swaps with Putin, often without full CIA or State briefings.
A European intel memo warned the Trump team explored joint U.S.–Russia Arctic mining, shocking allies.
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Putin’s August offer through Witkoff demanded the last 20% of Donetsk.
He dangled dropping claims to parts of Zaporizhzhia and Kherson, a swap Kyiv saw as a trap.
The Alaska summit collapsed after Putin launched a 1,000-year history lecture.
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In October Zelenskyy asked Trump for Tomahawks to hit Russian refineries.
Trump refused after a call with Putin.
Witkoff told Kyiv to ask for a 10-year U.S. tariff exemption instead of missiles.
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All year businessmen, not diplomats, drove the blueprint.
They tied U.S.–Russia deals: Arctic gas, rare earths, pipelines, frozen money to Ukraine’s fate.
Witkoff says it benefits America.
Critics say it rewards aggression and monetizes concessions.
Kuleba: There are tasks and missions in life, when you just cannot afford having plan B.
In the case of Russia's war against Ukraine, when the conflict is existential, having no plan B is the best way for you to try to defend yourself and to survive. 1/
Kuleba: I appreciate everything that has been done for Ukraine. This is not me saying that no one did anything to help Ukraine. But history is ruthless and we are judged by whether our deeds were sufficient. Enormous effort was done, but it was still not enough. 2/
Kuleba: We react instantly in an emotional way to what we see on our screens. In the old days it was the TV, the paper or a neighbor. Today we're on various social media under permanent pressure of information flow. Our brains stayed the same but must handle a bigger volume. 3/
Putin is not negotiating. He is stalling the West.
Dan Hoffman, former CIA station chief: Putin has not shown any hesitancy to engage in negotiations with the Trump Administration because talks help him avoid sanctions and block weapons for Ukraine. 1/
Q: What could come from this round of talks?
Hoffman: Russia declined a ceasefire, made no concessions, and shows no interest in real negotiations. The talks serve only one purpose for Moscow: delay. 2/
Q: Would Putin accept any compromise?
Hoffman: Putin will reject any agreement that provides Ukraine guarantees of independence or territorial integrity. He wants leverage, not resolution. 3X
A major escalation in China-Russia military-industrial cooperation.
FT: The owner of a major Chinese drone-parts supplier has quietly taken a stake in Russia’s leading FPV-drone manufacturer Rustakt — a key producer of the VT-40 attack drone used across Ukraine. 1/
A filing in Russia’s registry listed Wang Dinghua, owner of Shenzhen Minghuaxin, as acquiring 5% of Rustakt in Sept.
Within 24 hours of accessing the document, all ownership data was suppressed from Russian state and private corporate registries. 2/
Minghuaxin has long been a major supplier of parts to Rustakt and its affiliated firms.
- $304M in components shipped to Rustakt,
- $107M to Santex Plant, an associated entity.
Almost all Santex customs paperwork was filed by Rustakt itself. 3/
When Witkoff arrives in Moscow this week, he'll face a confident Putin who feels he's winning.
The Kremlin could play diplomat, accountant, or mischief-maker — but which version shows up may determine if peace talks succeed or fail, The Times. 1/
Putin claims every one of the original 28 peace plan points matters to Moscow, despite reports the US agreed to remove several.
This maximalist approach would humiliate Trump, who's been talking up deal prospects — but the Kremlin feels emboldened. 2/
Russia touts battlefield wins in Pokrovsk, ongoing strikes crippling Ukraine's power grid, and Zelenskyy's right-hand man Yermak resigning amid corruption scandal.
Plus, Trump's pro-Ukraine envoy Keith Kellogg steps down in January. Moscow sees momentum shifting its way. 3/