
Trump's Backroom Deals with the Kremlin / Getty Images
Statements about peace talks and the creation of funds for Ukraine’s reconstruction may turn out to be nothing more than a cover for the enrichment of Donald Trump’s family. Against the backdrop of the upcoming U.S. congressional midterm elections, Republicans are trying to convert their political influence into real financial gains, particularly through backroom deals with the Kremlin.
Oleg Pendzin, executive director of the Economic Discussion Club, made this statement on 24 Channel.
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Oil Instead of Peace: The Real Purpose of Trump’s Aides’ Visits to Russia
Trump is currently actively converting his political influence into personal income. All these negotiations serve as a smokescreen for his desire to advance his own business interests,
the guest on the show stated.
“A Stillborn Fund”: Why U.S. Investments Are Now a Myth
Analyzing the idea of creating a U.S.-Ukrainian Investment Fund for Reconstruction, the economist emphasized that the project lacks a real economic foundation. Given the ongoing hostilities and the blockade of Black Sea ports, attracting new private investment is unrealistic, so such an initiative remains nothing more than a formality on paper.
It's a bit of a stillborn fund, which is more about pleasing Trump than having any economic benefit. Right now, it’s nothing more than a formality on paper,
– Oleg Pendzin is convinced.
The Impact of the U.S. Elections and Economic Factors
At the same time, economic concessions regarding Russian diesel do not significantly strengthen Russia due to the meager volume of trade. However, such actions legitimize Putin on the international stage, and the United States’ main problems and rising oil prices are linked to the failure of U.S. policy in the Persian Gulf.
Previously, journalists explained how the business interests of Trump’s inner circle and potential deals involving assets could cause a scandal in the U.S.
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