James LandaleDiplomatic correspondent
BBCVladimir Putin might have a repute amongst some as a ruthless autocrat, a grasp manipulator of the worldwide scene. However one factor Russia’s president doesn’t have is a poker face.
The late US Senator John McCain used to joke that when he regarded into Putin’s eyes, he noticed three issues, “a Ok and a G and a B”, a reference to his previous life as a Soviet intelligence officer.
I considered this as I watched footage of Russia’s chief sitting reverse American envoys within the Kremlin. He couldn’t disguise his feelings; he exuded an air of supreme confidence.
For President Putin reckons the diplomatic tide has turned in his favour, with an improved relationship with America and good points on the battlefield.
Some analysts say Putin has no incentive to retreat from his calls for: that Ukraine offers up the final 20% of Donetsk it nonetheless controls; that each one occupied territory is recognised internationally as Russian; that Ukraine’s military is curtailed to a degree of impotence; and Nato membership is dominated out endlessly.
As issues stand, there are a number of potential eventualities. The primary is that US President Donald Trump might attempt to pressure Ukraine right into a ceasefire on phrases unwelcome to its folks, one which cedes territory and lacks adequate safety ensures to discourage future Russian aggression.
If Ukraine demurs or Russia vetoes, President Trump has hinted he might wash his arms of the warfare; final week, he stated “typically it’s a must to let folks struggle it out”.
AFP by way of Getty PicturesHe might take away the important US intelligence Ukraine must detect incoming Russian drones and goal Russian power amenities.
One other chance is that the warfare might simply detect with Russia’s forces persevering with to make sluggish advances within the east.
The Trump administration’s new nationwide safety technique implied that Russia is not an “existential risk” to the US, and urged the US to “re-establish strategic stability” with Russia.
So, with American help for Ukraine in severe query, what – if something – might doubtlessly change Putin’s thoughts? And what else might Ukraine, Europe and even China, do in another way?
May Europe do extra?
In the intervening time, the continent is making ready for a ceasefire. Below the banner of the “coalition of the prepared”, it’s making ready a global army pressure to assist Ukraine deter future Russian invasion, alongside a monetary effort to assist reconstruct the war-ravaged nation.
However some officers counsel that Europe ought to as a substitute put together for the warfare to muddle on.
They need to assist Ukraine not solely “win the struggle tonight”, with extra drones and money; but in addition present long term help and put together for a 15 to twenty yr warfare with Russia.

Europe might additionally do extra to assist shield Ukrainian skies from drones and missiles. There may be already a plan – known as the European Sky Defend Initiative – which might be expanded to permit European air defences to guard western Ukraine.
Others argue European troops might be deployed to western Ukraine to assist patrol borders, liberating up Ukrainian troopers to struggle on the entrance line. Most proposals resembling this have been rejected for worry of frightening Russia or escalating the battle.
Keir Giles, senior consulting fellow on the Russia and Eurasia programme at Chatham Home assume tank, stated these fears have been primarily based on “nonsense” as a result of Western troops have been already current on the bottom and Sky Defend might be deployed in western Ukraine with little probability of any conflict with Russian plane.
European leaders, in his view, needed to “insert themselves into the battle in a fashion that can truly make a distinction”.
WPA Pool/Getty PicturesMr Giles stated: “The one factor that can unarguably, undeniably cease Russian aggression is the presence of sufficiently robust western forces the place Russia needs to assault, and the demonstrated will and resolve that they are going to be used to defend.”
This technique would in fact include large political issue – with some voters in western Europe unwilling to danger a confrontation with Russia.
Few analysts count on Ukraine to reverse the tide and make precise territorial good points of its personal.
Having spent a number of weeks in Ukraine not too long ago, I heard no point out of any Spring offensive, solely the necessity to sluggish Russia’s advance and improve the value it pays in blood and treasure.
Some western diplomats declare Russia’s generals are mendacity to the Russian president, pretending the state of affairs on the bottom is best than it’s – including to what they see as a deliberate technique to exaggerate Russian good points, designed to counsel Ukraine is on the again foot and may thus sue for peace.
In keeping with Thomas Graham in Overseas Affairs, on this yr, Russia has seized only one% of Ukrainian territory at a price of greater than 200,000 useless and wounded.
AFP by way of Getty PicturesFiona Hill, senior fellow on the Heart on the USA and Europe on the Brookings Establishment, who served on Trump’s nationwide safety council throughout his first time period, says the most important factor Putin has in his favour is that many individuals imagine Ukraine is dropping.
“Everyone seems to be speaking of Ukraine because the loser when it now has probably the most potent army in Europe,” she says.
“Simply assume what they’ve accomplished to Russia. It’s exceptional they’ve held off for thus lengthy not least combating with one hand behind their again.”
Commerce, sanctions and Russia’s financial system
Then there’s the lever of sanctions. Definitely, Russia’s financial system is struggling. Inflation at 8%, rates of interest 16%, development slowed, finances deficits hovering, actual incomes plunging, client taxes rising.
A report for the Peace and Battle Decision Proof Platform says Russia’s warfare financial system is working out of time. “The Russian financial system is considerably much less capable of finance the warfare than it was in the beginning of it in 2022,” the authors say.
However to date none of this seems to have modified a lot Kremlin considering, not least as a result of companies have discovered methods of evading restrictions, resembling transporting oil on unregistered ghost ships.
Sputnik/Alexander Kazakov/Pool by way of ReutersTom Keatinge, director of the Centre for Finance and Safety at Rusi, stated western messaging about sanctions was convoluted and there have been too many loopholes.
Russia would, he stated, work round latest US sanctions on two Russian oil giants, Lukoil and Rosneft, simply by re-labelling the exported oil as coming from non-sanctioned corporations.
Mr Keatinge stated if the West actually wished to harm Russia’s warfare financial system, it might embargo all Russian oil and totally implement secondary sanctions on international locations that also purchase it. “We have to cease being cute and go full embargo,” he stated.
“We have to take our implementation of sanctions as significantly because the Kremlin takes circumvention.”
In concept, sanctions might additionally have an effect on Russian public opinion. In October, a survey by the state-run Public Opinion Analysis Centre (VCIOM) stated 56% of respondents stated they felt “very drained” of the battle, up from 47% final yr.
However the consensus amongst Kremlinologists is that a lot of the Russian public stays supportive of Putin’s technique.
ReutersThe European Union might agree to make use of about €200bn (£176bn) of frozen Russian property to generate a so-called “reparation mortgage” for Ukraine. The newest European Fee proposal is to lift €90bn (£79bn) over two years.
In Kyiv, officers are already banking on getting the money. However nonetheless the EU hesitates.
Belgium, the place the majority of the Russian property are held, has lengthy feared being sued by Russia – and on Friday, the Russian Central Financial institution introduced authorized motion in opposition to Belgian financial institution Euroclear in a Moscow court docket.
Belgium says it won’t agree the mortgage until authorized and monetary dangers are shared extra explicitly with different EU members. France has considerations, such is its personal huge money owed, and fears exploiting the frozen property might undermine the soundness of the eurozone.
EU leaders will make an extra try to agree a deal once they meet in Brussels on 18 December for his or her closing summit earlier than Christmas. However diplomats say there isn’t any assure of success.
There may be additionally disagreement over what the money must be used for: preserving Ukraine’s state solvent now or paying for its reconstruction after the warfare.
Ukraine’s conscription query
As for Ukraine, it might mobilise extra of its armed forces.
It stays the second-biggest military in Europe (behind Russia), and probably the most technically superior – however it’s nonetheless struggling to defend an 800-mile frontline.
After virtually 4 years of warfare, many troopers are exhausted and desertion charges are rising.
Getty PicturesMilitary recruiters are discovering it more durable to fill gaps as some youthful males disguise from press gangs or flee the nation. However Ukraine might widen its conscription legal guidelines.
Presently solely males aged 25 to 60 should be accessible to struggle. This can be a deliberate technique by Kyiv to handle Ukraine’s demographic challenges; a rustic with a low delivery price and thousands and thousands residing overseas can’t afford to lose what have been dubbed “the fathers of the longer term”.
This puzzles outsiders. “I discover it unbelievable that Ukraine has not mobilised its younger folks,” one senior UK army determine informed me.
“I believe Ukraine should be one of many solely international locations in historical past going through an existential risk that has not thrown its mad 20-year-olds into the struggle.”
Fiona Hill stated Ukraine had merely realized the lesson of historical past and the devastating influence World Battle One had on twentieth Century European empires, which declined after failing to rediscover the inhabitants development that had fuelled their financial rise.
“Ukraine is simply considering of their demographic [future].”
Strikes, diplomacy and Trump
If Ukraine might import and manufacture extra long-range missiles, it might hit Russia more durable and deeper.
This yr it stepped up its air strikes on targets each in occupied territory and the Russian Federation. Earlier this month Ukraine’s army commanders informed Radio Liberty that they had hit greater than 50 gasoline and military-industrial infrastructure amenities in Russia in the course of the autumn.
Alexander Gabuev, director of the Carnegie Russia Eurasia Heart, says some Russians skilled gasoline shortages earlier this yr. “By late October, Ukrainian drones had hit greater than half of Russia’s thirty-eight main refineries at the least as soon as.
“Manufacturing outages unfold throughout a number of areas, and a few Russian fuel stations started rationing gasoline.”
However would extra deep strikes on Russia make an influence, when each the Kremlin and public opinion in Russia appear detached?
AFP by way of Getty PicturesMick Ryan, former Australian main normal and now fellow of the Heart for Strategic and Worldwide Research, says deep strikes will not be a magic bullet.
“They’re a very essential army endeavour, however inadequate by themselves to pressure Putin to the negotiating desk or to win the warfare.”
Dr Sidharth Kaushal, senior analysis fellow in army sciences on the Royal United Providers Institute (Rusi) assume tank, stated extra deep strikes will surely harm Russia’s power and army infrastructure, in addition to utilizing up its air defence missiles. However he warned the tactic might be counterproductive.
“It might reinforce the argument the Russian management makes that an unbiased Ukraine poses an enormous army risk,” he stated.
There’s additionally – nonetheless – a diplomatic route.
Some analysts argue that if Putin is obtainable a means out of the warfare, he might select it.
The idea goes like this: a deal is agreed that permits each side to assert victory. Say, a ceasefire alongside the road of contact; some areas demilitarised; no formal territorial recognition. Compromises all spherical.
However the deal would require the US to interact arduous with Russia, establishing negotiating groups, utilizing its energy to drive by settlement.
“The US… must deploy its formidable psychological leverage it possesses over Russia,”
Thomas Graham argues. “One can’t overstate the position the USA – and Trump personally – performs in validating Russia as a fantastic energy and Putin as a world chief.”
China’s leverage
The wild card is China. President Xi Jinping is among the few world leaders Putin listens to. When Xi warned earlier within the battle in opposition to Russian threats of nuclear weapon use, the Kremlin fell swiftly in line.
Russia’s warfare machine can be massively depending on China’s provide of twin use items – resembling electronics or equipment that can be utilized for civilian and army functions.
So if Beijing determined it was not in China’s pursuits for the warfare to proceed, then it might have substantial leverage over Kremlin considering.
For now, the US reveals no signal of making an attempt to encourage – or pressure – China to place strain on Moscow. So the query is whether or not President Xi could be prepared to use any leverage off his personal bat.
ShutterstockIn the intervening time China appears completely happy for the US to be distracted, for transatlantic allies to be divided, and for the remainder of the world to view China as a supply of stability. But when Russia’s invasion escalated, if international markets have been disrupted, if the US utilized secondary sanctions on China in punishment for its consumption of low-cost Russian power, then the considering in Beijing would possibly change.
For now although, Putin believes he’s sitting fairly, with time on his aspect. The longer this battle goes on, analysts say, the extra Ukrainian morale will fall, the extra divided its allies will develop into, and the extra territory Russia will achieve in Donetsk.
“Both we liberate these territories by pressure of arms or Ukrainian troops go away these territories,” Putin stated final week.
“Nothing will change his place,” Fiona Hill informed me. “Until he exits stage left. Putin is betting proper now that he can hold this going for lengthy sufficient that circumstances play out to his benefit.”
High image credit score: Reuters

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