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Home Forex News

Breakaway regions in Ukraine ask Putin to recognize independence

by Trading How
February 21, 2022
in Forex News
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I feel there is a wonderful line that Russia can stroll right here and never upend all the pieces but it surely’s actually threading the needle.

Putin is slated to talk on the Duma both immediately or tomorrow and the legislative physique has handed a movement to acknowledge the breakaway areas. There’s great stress on Putin at house to do this, as they’re Russian audio system.

I do not suppose these requests are something new. They need Russia to acknowledge their independence and signal agreements on friendship and protection cooperation.

If Putin does that, does it actually change the state of play? Russia’s ruble and fairness markets are falling immediately so perhaps it does however I do not suppose Europe needs to harshly sanction Russia over one thing that is already de-facto taking place.

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