Vladimir Putin has made a decision that could impact the international financial market, being discussed in the context of his upcoming talks with Donald Trump.
Putin Allows Sale of Russian Securities
Putin signed a decree allowing Western funds like Franklin Templeton, Jane Street, and GMO to sell frozen Russian securities. These transactions must go through the intermediary hedge fund 683 Capital Partners. The securities involved are valued at 500 billion rubles and are in 'type-C' accounts.
Putin-Trump Negotiations: Terms and Expectations
The negotiations between Putin and Trump could mark a diplomatic turning point. The official goal is a ceasefire in Ukraine. Trump has hinted that Ukraine might have to concede some strategic regions. In return, Putin demands the immediate stop of U.S. military supplies to Kiev.
Russian Economy Under Pressure
The Russian economy faces significant challenges. The industrial sector is affected by high-interest rates of 21% in 2024. Many companies are on the verge of bankruptcy. The government relies on subsidies and nationalizations, but these resources are limited.
As Putin and Trump prepare for talks on a ceasefire, another battle is being fought behind the scenes: the control over investments and financial stability.
