Trump Announces Ukraine Peace Talks
Analysis based on 8 articles · First reported Jan 21, 2026 · Last updated Jan 22, 2026
The prospect of a peace deal between Ukraine and Russia could lead to increased stability in global markets, potentially boosting investor confidence in European economies. However, the ongoing strikes by Russia on Ukraine's infrastructure highlight continued geopolitical risks, which could temper market optimism.
US President Donald Trump announced his intention to meet with Ukrainian President Volodymyr Zelenskyy in Switzerland, expressing confidence that a deal to end the nearly four-year-old war between Ukraine and Russia is 'reasonably close'. Speaking at the World Economic Forum in Switzerland — Davos, Donald Trump indicated that both Volodymyr Zelenskyy and Russian President Vladimir Putin are now ready to reach an agreement, despite previous setbacks and what Donald Trump described as 'abnormal hatred' between the two leaders. Donald Trump also mentioned that Washington is nearing a ceasefire agreement. This development comes as Ukraine prepares to mark the fourth anniversary of Russia's full-scale invasion on February 24, and amidst recent Russian strikes on Ukraine's energy grid, which left thousands in Kyiv without electricity, heating, and water.
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