Summary
Bloomberg's Greg Sullivan recaps weekend diplomatic efforts, including US officials' Moscow talks with Putin and a later Kyiv meeting with Zelenskyy. He reports no clear progress toward ending the war, with Ukraine preparing for another tough winter and Russian strikes continuing to hit infrastructure.
- US officials traveled to Moscow and held about three hours of talks with Russian officials including Putin.
- Putin indicated ending the war is not a simple task.
- US officials then met Zelenskyy in Kyiv but did not elaborate on any proposal.
- Zelenskyy reportedly sees no quick end to the war.
- Ukraine is preparing for a tough winter with territorial issues unresolved.
- Frontline advances are described as very slow and at a stall.
- Russian strikes continue to hit major urban centers and infrastructure.
- No clear tradeable investment thesis was presented in the transcript.