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Firestone Proposes $300B Frozen Assets for Ukraine Cease-fire, Sanction Relief

5/29/2026

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Story summary
  • Jamison Firestone proposes offering Russia’s frozen $300 billion to Ukraine in exchange for a cease-fire and gradual sanction relief.
  • The ongoing invasion is draining Russia’s treasury, shrinking recruitment and causing its forces to lose ground.
  • An exodus of 400,000 skilled workers has forced Moscow to draft prisoners and raise soldiers’ pay.
  • The EU, UK, US and allies coordinate sanctions and use frozen Russian assets to fund Ukraine and pressure Moscow.