Carl Bildt expects the Russian president to continue his self-destructive war and potentially lose Crimea in the process.

Putin has no options left. Russia's casualties are soaring, its economy is cracking, and the battlefield is stalemated. A ceasefire is his only way out.

Putin may escalate tensions in the Baltics amid setbacks in Ukraine. Russia entering Druzkhivka by December 31, 2026 priced at 26.5% YES.