All right, Alexander, let's talk about what is going on with Project Ukraine.

A lot of activity over the weekend.

Alexander, what are your thoughts on everything that happened?

From Putin's speech to the, well, let's say from the four plus one is what I call them,

the four European leaders plus Trump, who was from

far away, they got together in Kiev, Trump via a phone call, and they presented an ultimatum

to Putin. Then we got Putin's speech pretty much on the same day, very late at night,

which I think says a lot. We have Putin's speech pretty much on the same day, very late at night, which I think says a lot.

We have Putin's speech, a meeting in Istanbul this Thursday, perhaps.

And we now have Zelensky's response, actually Macron's response to Putin's speech and the negotiations in Turkey.

Then we had Zelensky's response.

Then we had Trump's response. And then we had Zelensky's amended response.

So, Alexander, I think that's the timeline of what happened over the weekend.

Your thoughts?

It is incredibly confusing in some respects.

But I think the key thing to say is that if you're talking about the substance of the

negotiating positions of both sides, not even talking negotiating positions, if you talk about

the substance of the positions of each side, I don't get the sense that they really changed at all.

Well, certainly on the Russian side, they haven't changed. The Russians are saying, look,

these are our terms. The terms are what we set out last year when Putin spoke to the foreign

ministry. We are prepared to sit down and to negotiate with the

Ukrainians and see whether we can take this thing forward, but we are not prepared to agree to a

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