In Saudi Arabia, US and Ukraine came to a ceasefire agreement for 30 days, now waiting for response of Russia. What happened this time? Why the agreement can be made?
On February 28th, there was a meeting in the White House. Vice President Vance triggered a quarrel between Zelensky and Trump. Before that, French President Macron had a meeting with Trump in the Oval Office. When Trump said US had paid out most in the aid of Ukraine up to 3 trillion, Macron at once pressed the hand of Trump and correct him that it is EU paid the most.
Zelensky was willing to sell the rare earth up to 50% at the price Trump wanted which is 5 times more than the donation of US to Ukraine. His request was also logical, he wished US can protect Ukraine of not again being bullied by Russia after the selling of rare earth to US. Trump refused to guarantee and only wish to get the rare earth. People said US is withdrawing from the position of world police.
UK Prime Minister Starmer and French President at once held a summit in London on the following day with EU leaders and promised to send their troops to the backline of Ukraine and Poland which is the borderline of Russia. They stood up to fill the gap of international police. That is they are willing to take up the responsibilities of protecting Ukraine, therefore Zelensky is willing to sign the agreement and officially apologize to Trump for the quarrel in Oval office.
Ukraine got what they want, protection is not from US, but they allow and support the new league of the UK and EU countries. Even US would not directly send troops, but they support the European league with Star Link information.
About the Author
Daniel Yue has been an active investor since 1980, with experience spanning stocks, currencies, futures, metals, and bonds. A scholar of the Chicago School of Economics, he holds a Certificate with Distinction from Cambridge University and a degree in International Trading from National Taiwan University. He served as Chief Analyst for over 30 years and Chief Mentor at Sincere Finance. In 2017, he received an award from the University of Arizona for financial internship leadership.
The analysis and opinions expressed in this article are for educational purposes only and do not constitute financial advice. Investing involves risk. Please consult a qualified financial advisor before making investment decisions.
About the Author
Daniel Yue has been an active investor since 1980, with experience spanning stocks, currencies, futures, metals, and bonds. A scholar of the Chicago School of Economics, he holds a Certificate with Distinction from Cambridge University and a degree in International Trading from National Taiwan University. He served as Chief Analyst for over 30 years and Chief Mentor at Sincere Finance. In 2017, he received an award from the University of Arizona for financial internship leadership.
The analysis and opinions expressed in this article are for educational purposes only and do not constitute financial advice. Investing involves risk. Please consult a qualified financial advisor before making investment decisions.