Berliner Boersenzeitung - Trump, Putin and the question: What now?

EUR -
AED 4.284503
AFN 77.077368
ALL 96.672535
AMD 444.268837
ANG 2.088356
AOA 1069.812202
ARS 1666.951235
AUD 1.755223
AWG 2.099959
AZN 1.977594
BAM 1.958282
BBD 2.348677
BDT 142.67084
BGN 1.958842
BHD 0.439657
BIF 3445.467236
BMD 1.166644
BND 1.510615
BOB 8.058214
BRL 6.356688
BSD 1.166078
BTN 104.846244
BWP 15.492637
BYN 3.352535
BYR 22866.217636
BZD 2.345263
CAD 1.611893
CDF 2603.949043
CHF 0.936867
CLF 0.027523
CLP 1079.732385
CNY 8.248289
CNH 8.244613
COP 4474.067141
CRC 569.622013
CUC 1.166644
CUP 30.91606
CVE 110.405889
CZK 24.214831
DJF 207.653207
DKK 7.468667
DOP 74.634602
DZD 151.273095
EGP 55.344765
ERN 17.499656
ETB 180.875365
FJD 2.63714
FKP 0.874627
GBP 0.874563
GEL 3.144117
GGP 0.874627
GHS 13.264757
GIP 0.874627
GMD 85.164683
GNF 10132.80021
GTQ 8.932437
GYD 243.968192
HKD 9.076121
HNL 30.71293
HRK 7.536985
HTG 152.653493
HUF 381.862915
IDR 19474.784235
ILS 3.771351
IMP 0.874627
INR 105.17941
IQD 1527.629771
IRR 49130.280577
ISK 149.003932
JEP 0.874627
JMD 186.64658
JOD 0.827088
JPY 181.000109
KES 150.848748
KGS 102.023311
KHR 4668.917998
KMF 492.323307
KPW 1049.978797
KRW 1710.652425
KWD 0.358124
KYD 0.971828
KZT 589.724967
LAK 25286.943606
LBP 104425.214634
LKR 359.684369
LRD 205.24279
LSL 19.763266
LTL 3.444796
LVL 0.705691
LYD 6.339035
MAD 10.770352
MDL 19.841064
MGA 5201.59318
MKD 61.718495
MMK 2449.482257
MNT 4138.521318
MOP 9.351013
MRU 46.501943
MUR 53.782159
MVR 17.948159
MWK 2022.063027
MXN 21.188759
MYR 4.794321
MZN 74.559923
NAD 19.763266
NGN 1691.446479
NIO 42.914211
NOK 11.778815
NPR 167.75163
NZD 2.015712
OMR 0.447547
PAB 1.166178
PEN 3.919768
PGK 4.948251
PHP 68.736353
PKR 326.920482
PLN 4.229381
PYG 8020.165807
QAR 4.250542
RON 5.09217
RSD 117.549501
RUB 89.447988
RWF 1696.650557
SAR 4.378528
SBD 9.602169
SCR 15.76892
SDG 701.729618
SEK 10.946788
SGD 1.510938
SHP 0.875285
SLE 27.662086
SLL 24463.93409
SOS 665.243216
SRD 45.066272
STD 24147.170324
STN 24.530989
SVC 10.20389
SYP 12899.390409
SZL 19.748031
THB 37.140688
TJS 10.699299
TMT 4.09492
TND 3.42078
TOP 2.808998
TRY 49.655234
TTD 7.9058
TWD 36.31996
TZS 2852.443816
UAH 48.955252
UGX 4125.211153
USD 1.166644
UYU 45.608396
UZS 13950.742787
VES 296.971426
VND 30758.562652
VUV 141.585177
WST 3.253316
XAF 656.789501
XAG 0.020047
XAU 0.000277
XCD 3.152913
XCG 2.101655
XDR 0.816835
XOF 656.789501
XPF 119.331742
YER 278.303287
ZAR 19.749998
ZMK 10501.191496
ZMW 26.960173
ZWL 375.658814
  • RBGPF

    0.0000

    78.35

    0%

  • CMSC

    -0.0500

    23.43

    -0.21%

  • BCC

    -1.2100

    73.05

    -1.66%

  • SCS

    -0.0900

    16.14

    -0.56%

  • GSK

    -0.1600

    48.41

    -0.33%

  • VOD

    -0.1630

    12.47

    -1.31%

  • RELX

    -0.2200

    40.32

    -0.55%

  • RIO

    -0.6700

    73.06

    -0.92%

  • RYCEF

    -0.0500

    14.62

    -0.34%

  • NGG

    -0.5000

    75.41

    -0.66%

  • AZN

    0.1500

    90.18

    +0.17%

  • JRI

    0.0400

    13.79

    +0.29%

  • CMSD

    -0.0700

    23.25

    -0.3%

  • BCE

    0.3300

    23.55

    +1.4%

  • BP

    -1.4000

    35.83

    -3.91%

  • BTI

    -1.0300

    57.01

    -1.81%


Trump, Putin and the question: What now?




US President Donald Trump's (78) hopes for a quick diplomatic solution to the Ukraine conflict were sorely tried again yesterday. After a two-hour phone call with Russian dictator and war criminal Vladimir Putin (72), there is still no breakthrough in sight. Putin firmly rejected a proposal for a 30-day general ceasefire supported by Trump and stuck to his maximum demands, as Russian and American sources agree.

Trump, who has repeatedly promised to quickly end the war in Ukraine since taking office on 20 January 2025, has been counting on direct talks with Putin to make progress. He spoke to the Kremlin chief as early as Tuesday 18 March, after his vassal and ‘special envoy’ Steve Witkoff was in Moscow the previous week. The aim was to agree to a ceasefire, which had been accepted by Ukraine in previous talks with the US in Saudi Arabia. But Putin remains intransigent: a general ceasefire will only come into question if the US and its partners cease military and intelligence support for Ukraine – a demand that is unacceptable to Washington.

Instead, both sides merely agreed to a limited 30-day ceasefire in attacks on Ukraine's energy infrastructure, which is to take effect immediately. This was confirmed by both the White House and the Kremlin. However, experts view this as minimal progress. ‘It's not a real breakthrough,’ said Nicole Deitelhoff of the Leibniz Institute for Peace and Conflict Research, commenting on the results. Putin has hardly budged and is clearly showing that he will not be put under pressure – either by Trump or by other actors.

Ukraine itself is being left out of the negotiations, which is causing concern in Kiev and European capitals. President Volodymyr Zelenskyy had previously emphasised that any solution without Ukrainian participation sends a ‘dangerous signal’ to authoritarian regimes worldwide. European politicians such as German Foreign Minister Annalena Baerbock and her French counterpart Jean-Noël Barrot reiterated their demand that decisions about Ukraine must not be made over the country's head. ‘There can be no decisions about Ukraine without Ukraine,’ Baerbock said on the sidelines of talks in Paris.

While Trump spoke of ‘progress’ after the phone call, Putin's attitude shows that Russia does not want to give up its position of strength. In June 2024, the nefarious Kremlin leader had already made it clear that he sees the recognition of the Ukrainian territories annexed in 2014 and 2023, a demilitarisation of Ukraine and the end of Western sanctions as prerequisites for peace. He maintained this line in his conversation with Trump.

Reactions in Ukraine have been muted. Journalists report concerns that a forced peace could give Russia time to recover militarily, only to reignite the conflict later. In Europe, outgoing German Chancellor Olaf Scholz (SPD) warned against a ‘dictated peace’ that would weaken Ukraine. ‘Ukraine must retain a strong army even after a peace agreement,’ he emphasised.

For Trump, who had claimed during the election campaign that he could end the war ‘within 24 hours’, reality is increasingly becoming a challenge. Putin's uncompromising stance is undermining the US president's plans and raising the question of how long Washington can maintain its patience with Moscow. The coming weeks will show whether Trump will adjust his strategy – or whether the conflict will remain in limbo.