00:00Do you think Russia have the upper hand, Michael?
00:01Do you think that may be a case?
00:03They go back into the negotiation table.
00:04They may say, actually, we don't want any of this at all.
00:07We're fine to continue on the front line.
00:10I think they have the upper hand until they don't.
00:13And what I mean by that is because they've remained so silent,
00:16because they'll make a comment like, we don't know what's in the agreement.
00:20We don't know where their red line is.
00:22And Vladimir Putin has been very consistent in what he has talked about.
00:26And with President Zelensky, we know that maybe it's NATO membership,
00:32maybe it's having early elections, maybe it's conceding land.
00:35And he's talked about these things, as has President Trump.
00:38But nobody has talked about it from what the Russians are willing to concede
00:42or where they're comfortable, other than they just want it all, right?
00:47But I think that, in answer to your question, do they have the upper hand?
00:52Right now, I would say that they do have the upper hand,
00:54simply because we don't know what they're willing to,
00:57if they're going to continue to fight,
00:58or if they are getting what it is that's most important to them right now.
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