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Peace negotiations stumble on, Putin lays down a marker, and the fall of yermak: The big five, 30…

Mick Ryan cuts through the diplomatic noise to reveal a stark reality: the war in Ukraine is not stalling due to a lack of negotiation, but because the fundamental objectives of the aggressor remain unchanged. While Washington fixates on personnel changes in Kyiv, Ryan argues that the true story lies in the widening gap between Russian territorial ambitions and the West's willingness to enforce them. This is not a tale of stalled peace talks, but of a calculated Russian strategy to wait out a shifting American political landscape.

The Illusion of Compromise

Ryan begins by dismantling the hope that a change in US leadership or a new peace proposal will alter Moscow's core goals. He points to Vladimir Putin's recent press conference, where the Russian leader offered calculated ambiguity rather than genuine concession. "In general, we agree that this could form the basis for future agreements," Putin stated, yet Ryan notes this is a tactical pause, not a strategic shift. The Russian president made it clear that his timeline for ending the war does not align with the administration's desire for a quick resolution.

Peace negotiations stumble on, Putin lays down a marker, and the fall of yermak: The big five, 30…

The author's analysis of Putin's rhetoric is particularly sharp. Ryan observes that Putin has learned to employ "more calculated language in public to ensure he does not induce Trump to give Ukraine more support by appearing obstructionist." This is a crucial distinction. It suggests that the current diplomatic friction is not a sign of a deal being close, but rather a sign that the aggressor feels they are winning the war of attrition. Ryan writes, "These comments do demonstrate that Putin has learned to employ more calculated language... At the same time, he is not renouncing any of the objectives of the war that he announced in February 2022."

Critics might argue that dismissing the possibility of compromise too early ignores the fluid nature of modern diplomacy, where even hostile leaders have historically pivoted when the cost of war became unsustainable. However, Ryan's evidence regarding the continued Russian advance on the ground suggests that Moscow currently perceives the cost of continuing to be lower than the cost of stopping.

No business deal with Trump and his representatives is going to change that.

The Fall of Yermak and the Fragility of Kyiv

The article then shifts to the internal political turmoil in Ukraine, specifically the resignation of Andrii Yermak, the head of the Presidential Office. Ryan frames this not as a sign of weakness, but as a necessary, albeit painful, demonstration of democratic accountability. "In truth, his ouster is evidence of resiliency and maturity that should hearten the Trump administration," Ryan argues, challenging the narrative that corruption scandals in Kyiv are a reason to abandon the alliance.

However, the timing is undeniably precarious. As Ryan notes, "The timing, which to be fair would never be good given the circumstances of his departure, could not be worse." With the administration seeking to impose a peace solution and Russia pressing for territorial gains, the loss of a central negotiator like Yermak creates a vacuum. Ryan highlights the strategic danger: "Yermak's departure is a temporary blow for peace negotiations given Yermak central role in discussions. It also heightens the perceptions of Zelenskyy's weakness, which is sure to be exploited by the Russians."

The human cost of this political instability is often overlooked in high-level strategy discussions. While the focus is on "scalps" and "corruption scandals," the reality on the ground is that a fractured leadership in Kyiv translates to delayed decisions on defense and aid, directly impacting the soldiers holding the line. Ryan acknowledges this tension, noting that "stability and cohesion should never be permitted to over-ride democratic accountability and transparency," but the coming weeks will test whether Ukraine can balance these imperatives while under fire.

The Reality on the Ground

Moving beyond the diplomatic theater, Ryan provides a sobering assessment of the military situation. He details Russia's encirclement efforts in the Donetsk region, specifically around Pokrovsk and Lyman. "Pokrovsk – largely lost," reports Ryan, citing Ukrainian sources that indicate the Russian line of contact now runs along the northern edge of the city. This is not a minor skirmish; it is the erosion of a critical logistical hub that threatens the entire Ukrainian defensive line in the east.

The author also draws attention to the terrifying evolution of warfare in the south. In Kherson, Russia is employing "human safari" tactics, using drones to target civilian vehicles and infrastructure. "Kherson's current predicament should set alarm bells ringing across Europe and beyond," Ryan writes, emphasizing that this is the world's first true drone war where civilian life is systematically paralyzed. "They can be used to leave the population without access to electricity, water, and heating, while also disrupting core supply chains."

While Ukraine has achieved significant tactical successes, such as striking the Russian shadow fleet and destroying the Ilyushin Il-76MD airborne laser laboratory, Ryan contextualizes these as efforts to "hobble" the enemy rather than reverse the strategic tide. The destruction of the A-60 laser lab and the damage to the Beriev Aircraft Company factory are significant blows to Russian capabilities, but they have not stopped the ground advance. Ryan notes that "the widening gap between their losses and the number of personnel they are able to bring to the line of combat contact" remains Ukraine's most pressing challenge.

The Stakes of Negotiation

The piece concludes by examining the proposed peace terms, which Ryan suggests will be far less favorable than those available in the war's early stages. Citing strategist Eliot Cohen, Ryan outlines a scenario where a cease-fire would "freeze territorial control more or less along current lines." This implies a de facto recognition of Russian gains, a bitter pill for a nation that has sacrificed so much. "From Ukraine's perspective, it will be a much worse deal than was possible in the first two years of the war," Ryan asserts, attributing this shift to "the timidity of the Biden administration in arming Ukraine and the incapacity of a self-disarmed Europe."

The administration's push for a deal is driven by a desire to end the conflict, but Ryan warns that the current diplomatic approach is fraught with peril. "The problem is the American bunglers who are trying to make the deal," he writes, suggesting that the rush to negotiate may result in a peace that is neither just nor durable. The coming days will reveal whether the gap between Russian demands and Ukrainian sovereignty can be bridged, or if the war is destined to continue under even more dire conditions.

The timidity of the Biden administration in arming Ukraine and the incapacity of a self-disarmed Europe have cost Ukraine its best opportunity to reclaim by force most of its invaded territory.

Bottom Line

Ryan's most compelling argument is that the current diplomatic stalemate is not a failure of negotiation, but a reflection of a successful Russian strategy of attrition and a Western failure to maintain leverage. The piece's greatest vulnerability lies in its somewhat fatalistic view of the peace process, potentially underestimating the leverage Ukraine still holds through its asymmetric strike capabilities. Readers should watch closely for how the new Ukrainian peace delegation navigates the administration's pressure versus the reality of the front lines, as the human cost of any rushed settlement will be measured in the lives of those still fighting.

Deep Dives

Explore these related deep dives:

  • Peace negotiations in the Russo-Ukrainian war (2022–present)

    Putin's reference to a 'draft peace agreement' that could 'form the basis for future agreements' directly alludes to the 2022 Istanbul negotiations. Understanding what was actually on the table then—and why talks collapsed—illuminates current negotiation dynamics and Putin's strategic positioning.

Sources

Peace negotiations stumble on, Putin lays down a marker, and the fall of yermak: The big five, 30…

by Mick Ryan · Mick Ryan · Read full article

Isolationists in Washington may try to use Yermak’s resignation as an excuse to ditch Ukraine, citing it as evidence of endemic corruption. In truth, his ouster is evidence of resiliency and maturity that should hearten the Trump administration. Washington Post editorial, 29 November 2025.

This week, Russia’s president Putin reminded us during a press conference that his objectives for the war in Ukraine have not changed. While he was open to negotiations, he did not feel any rush to do so and he again described the Ukrainian government as not the legitimate interlocutor for such talks. In Ukraine, President Zelenskyy’s closest adviser and head of the Office of the President resigned/was sacked, although this is unlikely to suppress calls for more scalps in the ongoing corruption scandal.

In the past week, we have also observed the bungling, disconnected approach to peace talks and peace plans from Trump’s representatives. It has demonstrated again why real estate developers probably should not be allowed anywhere near international diplomacy (unless the desired outcome is a mega real estate deal, of course and not peace).

Welcome to my weekly update on modern war and strategic competition.

Ukraine.

Putin’s Press Conference. This week, the Russian president conducted a media question and answer session. It is worth exploring this at the start of the update on Ukraine because it provides context for everything that follows. Bottom line up front: Putin has not changed his main objective for the war, which is the subjugation of Ukraine. No business deal with Trump and his representatives (which was reported on by the Wall Street Journal this week) is going to change that.

Key points from Putin’s media appearance were as follows:

On the draft peace agreement: “In general, we agree that this could form the basis for future agreements. However, it would be inappropriate for me to speak now of any final versions, as these do not exist…Certain matters are of a fundamental nature, and overall, we observe that the American side is, in some respects, taking our position into account.”

On Europe: “Russia does not intend to attack Europe. To us, that sounds ridiculous, does it not? We never had any such intentions. But if they want to have it formalised, let’s do it, no problem...Perhaps there is even merit in this, considering that we all wish to talk, to discuss, and to articulate matters of pan-European security. Probably ...