RE: More movement on the ground3 Sep 2024 12:02
Spot on LoungeLizard1. I can't see anything positive happening for FXPO in the medium term ( 6-9 months). Electrical supply will be a big one going into winter. I think all eyes are on the US elections in November. If Harris wins then who knows what her position on Ukraine will be. Putin and Xi will definitely see a woman in charge as being a position to exploit. Hopefully she'll prove them wrong.
This Chinese, Brazilian now back by South Africa, so called peace plan is a load of rubbish. Among other things, it called for respect of UN principles, the establishment of a balanced European security architecture, the cessation of hostilities, dialogue and negotiation and the end to unilateral sanctions. The plan does not, however, mention the withdrawal of Russian forces from Ukraine or the return of occupied territories. China wants to position itself as the new global peace broker before it invades Taiwan. How is Russia respecting UN principles?