Welcome to The Deep Dive.

Today we explore the turbulent world of diplomacy surrounding the Russia‑Ukraine war.

At the heart of current debates lies a controversial US‑backed peace plan. This proposal would freeze the conflict along the existing frontlines, effectively locking in territorial divisions. Reports suggest Russian figures had a hand in shaping its terms, which include limiting Ukraine’s armed forces to 600,000 personnel and forcing Kyiv to abandon its NATO membership ambitions.

These concessions stand in stark contrast to Ukraine’s own Peace Formula. Kyiv demands the full restoration of its territorial integrity, accountability for Russian aggression, and strong, enforceable security guarantees from international partners.

Another major dispute centers on frozen Russian sovereign assets. Moscow rejects any plan ...