I suppose it’s only right or fair to see how this actually plays out, rather than the current optics. People always said that Putin needed a face-saving off-ramp and it’s possible (although I’d put it no higher than that) that there is more window dressing to this than the reality of the outcome. Think that unlikely though, lamentably.
Sanctions will be the interesting one. My position in recent months on Ukraine has reluctantly evolved to one where military reality probably needs to be faced in terms of territory (at least for now) but that meaningful security guarantees (preferable NATO membership or equivalent protections) need to be afforded to Ukraine going forward. The latter part of that is not rendered impossible by today’s announcements, but mean the responsibility now lies with the rest of NATO and that will come at a significant cost of which there are no excuses for not meeting. The long term cost will be much higher if we do not.
That then substantively leaves the Russian money that was seized and the sanctions - and this is where the rest of NATO still has significant leverage. Accepting the current territorial status quo and no US troops in Ukraine is one thing, because they are a conflation of reality and matters over which those nations do not exercise significant control or influence, but the latter is not the case with sanctions and it will be interesting to see how that plays out. Certainly it’s inconceivable that matters will return to the state of affairs that subsisted three years ago, but it’s how far from that where we end up that will be telling, and crucial.
Russia will not cease to be a threat to the rest of Europe, whatever the outcome of these talks, and imo the sanctions need to be maintained to the max, especially as they are finally starting to work - as evidenced by the increasingly precarious state of the Russian economy. To me, the sanctions in particular represents significant leverage and should be fully exploited.
It will also be interesting to see how any meeting between Trump and Putin is stage managed and Europe’s (and particularly the UK’s) response to that. I’d be especially interested to observe Badenoch’s reaction to that as she would be in an even more invidious position than Starmer on this imo, given Farage’s inevitable response.
Assuming this is the stitch up that most observers fear or expect, then we need to have a mature debate nationally about our future relationship with the US, and to what extent (not if) we uncouple from that. We certainly cannot rely upon them any more like we once could, and this reality can be responded to in various ways; it’s just such a shame that we are hampered from doing that as purposefully as we might wish by our decision to cut ourselves off from our friends and neighbours in Europe. Certainly this situation, on the face of it, will be far more negatively impactful to us as a nation than any of the perceived slights from the Brexit negotiations.
Unlike others on this board, I’m genuinely saddened by this turn of events, because despite its inherent imbalances, I’ve viewed our relationship with the US as a positive thing in the post war years and have enjoyed visiting the US on many occasions. I have, however, come to view the country differently since Covid (which covers, it should be said, the entire currency of the Biden regime and so it isn’t just a recent thing). Its people overall have unquestionably become more selfish, isolationist and churlish in recent years despite having more reason to be grateful for the world around them and outside them than (for example) the people of Ukraine have, or will have for the foreseeable. I’d hit 26/50 states visited by the end of 2019, but have no desire whatsoever to add to that total, or go back for that matter.
It’s a genuine shame, but like the territorial situation in Ukraine, the direction of travel of our relationship with the US is a lamentable function of reality.