Putin Believes Key Ukraine War Goals Achieved, Concerned About Economic Impact Amid Trump's Pressure

Jan 23, 2025, 09:15 AM

Russian President Vladimir Putin believes that key objectives in the war against Ukraine have been achieved, including securing a land corridor connecting Russia to Crimea and weakening Ukraine's military capabilities, according to sources cited by Reuters. However, Putin is increasingly concerned about the economic impact of the ongoing conflict on Russia. During a December 16 meeting with business leaders, Putin reportedly became frustrated and scolded economic officials, expressing visible displeasure after learning that high credit costs aimed at curbing inflation have stifled private investment, leading to economic strain. This situation has prompted some members of Russia's elite to advocate for negotiating a settlement to the conflict. Meanwhile, newly inaugurated U.S. President Donald Trump has been pushing for an end to the war in Ukraine, increasing pressure on Moscow.