Here are the terms:
Ukraine must change its constitution to guarantee it won’t join any “blocs”, i.e. NATO + EU.
-Must recognise Crimea as part of Russia.
-Must recognise the eastern separatist regions as independent.
On this peace offer, European markets are flat, which is +4% off lows. Some of the riskier market in Europe, such as Italy and Spain, were down over 5% and are now up. Oil and almost every other commodity appear to have undergone a blow off top, with copper now -3%. WTI was around $130 and now it’s $118. NASDAQ futures are +200 off the lows and might in fact open green, which is funny because it’s a meme by now. Whenever you see markets crash just look at them and say “green by the open” and it shall be so.
But then there’s this:
UKRAINE’S FOREIGN MINISTRY: RUSSIAN FORCES CONTINUE TO FIRE MISSILES AT CITIES INCLUDING KYIV AND MARIUPOL.
And this.
Sending foreign weapons to Ukraine will lead to a “global collapse,” Interfax
In short, nothing is official until both sides agree. If I’m Ukraine I take this deal in a second. The downside is they lose a part of the country that is ethnically Russian and you don’t get to join the other homos in NATO. The upside is if you beat Russia, kill 500,000 people in the process doing it, get to join NATO, and then Russia nukes you.
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Take the deal. But they wont