A high-stakes summit between former U.S. President Donald Trump and Russian President Vladimir Putin concluded in Alaska on Friday with no agreement to end the war in Ukraine.
Both leaders called their three-hour meeting “productive,” yet offered no tangible steps toward peace.
Trump briefly told reporters the talks made “some headway” but admitted “big” disagreements persisted. Neither took questions as they stood before a “Pursuing Peace” backdrop.
Analysts noted the outcome matched expectations: plenty of soundbites, little substance. “Signaling progress but no concrete deal,” said Helima Croft of RBC Capital Markets, adding that sanctions on India for Russian oil imports remain.
Markets reacted with mild relief, primarily because no new sanctions emerged. “The absence of escalation helps,” noted Comerica’s Eric Teal, pointing to energy sector stability. Others saw the summit’s value in symbolism alone—dialogue without immediate results.
Putin’s presence signaled openness, analysts said, but without Ukraine at the table, breakthroughs were unlikely. “A first step toward potential talks,” observed Eugene Epstein of Moneycorp.
Attention now shifts to whether Trump, Putin, and Ukraine’s Volodymyr Zelenskiy might meet soon. “Groundwork is laid, but steps remain,” said Mischler Financial’s Tom Di Galoma. For investors, the stalemate changes little. Geopolitics still trails inflation and Fed policy in market priorities, emphasized BMO’s Carol Schleif.
Source: newsghana.com.gh
