White House Considers Budapest Summit for Peace Talks Between Zelensky and Putin
The White House is eyeing Budapest as the venue for a potential trilateral summit involving U.S., Russian and Ukrainian leaders. According to two anonymous sources cited by Politico, preparations are underway by the U.S. Secret Service for this Budapest peace talks. Russian President Vladimir Putin favors Moscow, while French President Macron and Switzerland’s foreign minister have pushed for Geneva. Hungary’s capital recalls the 1994 Budapest Memorandum on Ukraine’s security assurances, which proved ineffective in 2014. This proposed summit marks a new diplomatic push to negotiate an end to the ongoing Ukraine war.
Neutral
The article focuses on geopolitical diplomacy without direct links to blockchain or cryptocurrencies. While an end to the Ukraine war could shift risk sentiment in global markets, there is no immediate driver for crypto trading. Historically, diplomatic breakthroughs tend to have a muted impact on crypto prices, resulting in a neutral outlook.