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What Putin Needs to Negotiate a Deal on Ukraine

One of the biggest questions about the war in Ukraine at this point is what Russian president Vladimir Putin’s exit ramp would look like. He has too much of his standing and prestige invested in this expedition for the United States and its allies to expect him to execute a U-turn and a tail-between-the-legs withdrawal, even if Ukrainian resistance were to continue being as stubborn and effective as it has been so far. For any outcome to be acceptable, Putin has to be able to portray himself, with the aid of his propaganda apparatus, as a winner.

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