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High-Stakes Diplomacy: US-Russia Peace Talks and CCP Uncertainty Mary Kissel, Stephens Inc., with John Batchelor Kissel analyzes the proposed Trump-Putin meeting in Budapest, suggesting the postponement indicates the US hasn't gained enough leverage to truly incentivize Russia. She labels Russian diplomatic language as manipulation and "verbal mush." Kissel also addresses the rolling purges of generals in the CCP during the Fourth Plenum. She cautions that without transparency, it remains unclear whether these actions consolidate or weaken Xi Jinping's grip on power.
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