Russia and Ukraine have made a major breakthrough in negotiations and are reaching a compromise on the signing of a comprehensive agreement

1. After the United States wrote off several Russian banks from SWIFT, Goldman Sachs and JPMorgan Chase recently warned that the move was likely to be in vain.

Lion's Review: While the U.S. dollar is still the dominant currency, the pace of global de-dollarization has accelerated significantly. The removal of Russian banks from the SWIFT system by the United States will further push global markets around the dollar-dominated international financial settlement system.

JPMorgan warned that the move would affect the dollar's reserve currency status and would push for the maturity of an international financial settlement system independent of the dollar.

U.S. economic media Outlet Orcale noted that the U.S. exclusion of Russia from the SWIFT system appears to be a breakthrough in the de-dollar centralization of multiple countries. The fifth dollar crisis may break out, and the dollar is destined to slowly lose its privileges.

2. In the early morning of March 13, the U.S. consulate in Erbil, the capital of Iraq's Kurdish Autonomous Region, was attacked by several missiles.

Lion's Note: Iraqi security officials revealed that the target was attacked by as many as 12 missiles.

Iran's Revolutionary Guards declared responsibility for the attack and said the target was "Israel's secret base." Iran's Revolutionary Guards have warned that if Israel launches a future attack on Iran, it will suffer a "harsh, decisive and destructive counterattack."

Iran retaliated on March 9 for israel's airstrikes on Syria that killed four people, including two officers of Iran's Revolutionary Guard Corps.

The State Department said it was a "heinous attack" but no Americans were injured and the U.S. facility in Erbil was not damaged.

On March 11, Iran's nuclear talks in Vienna were suspended without reaching any agreement. Russia recently demanded assurances from Washington to prevent Western sanctions against Russia from doing business with Iran.

In January 2020, Iran also launched missiles at the U.S. Embassy without fatalities.

In this world, Iran dared to frequently attack the US embassy, and the United States besieged it for forty years, but it had no effect.

3. On March 11, US President Biden and the G7 jointly cancelled the most-favored-nation treatment of Russian trade, and the United States also canceled Russia's "permanent normal trade relations" status.

Lion's Comment: The new round of economic sanctions imposed by the United States on Russia includes the abolition of Russia's trade most-favored-nation treatment, the prohibition of imports of seafood, vodka, diamonds and other products from Russia, the prohibition of the export of luxury goods such as high-end watches and clothing to Russia, and the expansion of the us prohibited investment in Russia beyond the energy industry.

The EU will ban the import of steel products from Russia, try to suspend Russia's membership rights in major global multilateral financial institutions such as the International Monetary Fund and the World Bank, and crack down on Russia's use of crypto assets.

On March 8, global fast-food chain McDonald's announced that it would temporarily close 850 of its stores in Russia. Starbucks and KFC will also close their stores in Russia. Various industries in the United States have joined the camp of supporting Russia.

On March 12, Russian Deputy Foreign Minister Ryabkov said russia had prepared a list of counter-sanctions against the United States and the West.

The main sanctions against Russia are energy exports, because of the settlement system and the threat from the United States, Russia needs to deal with it.

4. On March 12, French President Emmanuel Macron and German Chancellor Schoelz once again held a three-way video call with Russian President Vladimir Putin.

The trip to the three leaders lasted about an hour and a half, and Putin remained "determined to achieve his goals in Ukraine," but the fact that he continued to speak with the leaders of France and Germany shows that "he does not completely rule out the possibility of a diplomatic solution."

The three leaders also had video calls on March 10, when Macron and Scholz insisted that any solution to the crisis must be resolved through negotiations between Ukraine and Russia.

Germany and France are really anxious, first of all, the war continues, the refugee crisis in Europe, the energy crisis can not be solved. Economic development cannot be discussed. Second, there is fear of the war expanding beyond Ukraine.

NATO control is in the hands of the United States, and to what extent the United States wants to disrupt the situation is unclear.

Europe is following the United States in sanctioning Russia, and Germany and France are still asking for an armistice.

The West has kicked Russia out of an international system, and Russia is even more determined to achieve its strategic goals in Ukraine.

The war took place in Ukraine, but the parties involved were the United States and Russia, Germany and France were useless in a hurry, and what they promised did not count, and finally the United States nodded.

Putin is willing to talk to them only to maintain a minimum of communication with the EU.

Germany and France did not take the EU on the road to strategic independence, and fell into the passive situation it is today.

On March 10, the EU's High Representative for Foreign Affairs and Security Policy, Borrelli, admitted that the EU had made mistakes in developing relations with Russia, missed the opportunity to bring relations closer to Russia, and that some things "could have been done better."

Lion's Comment: On the 10th, at the EU summit, the EU announced the fourth round of sanctions against Russia, which will deprive Russia of its most-favored-nation trade status and may double the military aid funding for Ukraine.

The EU has no military capacity to protect itself and can only follow the US round after round of increasing sanctions against Russia. The immediate consequence is a potentially more extreme confrontation between Russia and Europe.

European Commission President von der Leyen said the EU would introduce a proposal in mid-May to "phase out" the use of Russian fossil fuels by 2027. The outside world is not optimistic, and some EU countries even insist on buying energy from Russia.

Borrelli said that the EU made mistakes, which should be very sad about the current situation in Europe. For years, it has followed the United States to exert maximum pressure on Russia, rather than standing on the interests of the European Union and co-opting Russia.

As a result of today's military confrontation, the whole of Europe is shrouded in the haze of war, and no one has fallen behind. Importantly, the EU has not had a say in the whole situation. Can only passively follow the United States and bleed itself.

The United States did not lose anything and received a large energy order from Europe. Europe is full of holes and thanks to the military support of the United States, which continues to follow the United States in its own future into the abyss.

On March 12, Ukrainian negotiators said that Ukraine and Russia are converging to a compromise on the signing of a comprehensive and comprehensive agreement.

Lion's Comment: A member of the Ukrainian delegation to the Russian-Ukrainian negotiations and an adviser to the director of the Office of the President of Ukraine, Podoliac said that the Ukrainian and Russian sides have put forward a variety of proposals for resolving the conflict. For the Ukrainian side, the agreement to be signed should contain the principled positions of the two sides such as a ceasefire, the withdrawal of Russian troops, the signing of a peace agreement, the repair of damaged infrastructure in Ukraine, and the most important thing is to enable Ukraine to obtain security guarantees to avoid similar incidents again.

Podoriac pointed out that Ukraine and Russia will work to sign a comprehensive and comprehensive agreement. Currently, the Working Group is studying relevant options and discussing them at the legal level to form a text. The final text of the agreement will be signed by the presidents of the two countries. He said the two sides would not disclose the details of the talks or provide explanations until key positions were agreed.

Ukrainian President Zelenskiy once said that Russia is willing to provide security guarantees, but NATO has not.

Previously, the Ukrainian media "Zerkalo Nedeli" announced 6 conditions for a ceasefire proposed by Russia:

Refusal to join NATO. The neutrality of Ukraine, russia as one of the guarantors.

2. Establish the status of Russian as the second language of Ukraine. Repeal all laws restricting the Russian language.

3. Ukraine recognizes Crimea as belonging to Russia.

Ukraine recognizes the independence of the Donetsk People's Republic and the Luhansk People's Republic within their regional administrative boundaries (including territories controlled by Ukraine as at 24 February).

5. De-Nazification. The activities of ultra-nationalist, Nazi and neo-Nazi parties and public organizations were prohibited, and existing laws glorifying Nazis and neo-Nazis were repealed.

6. Demilitarization of Ukraine. Complete refusal to equip offensive weapons.

The specific conditions accepted by Ukraine have not been announced.

On March 11, Russian armed forces launched their first offensive into western Ukraine, hitting airfields in several cities in western Ukraine. At the same time, fighting around Kiev, the capital of Ukraine, is intensifying.

The West is reluctant to intervene, but only encourages Ukraine to fight to the death. Zelenskiy no longer had much capital to negotiate with Russia, and the consequence was either to destroy the country and become part of Russia, or to accept the terms.

On March 12, Zelenskiy said that the venue for the fourth round of negotiations between Ukraine and Russia could be selected in Jerusalem. He believed That Israel could provide security for Ukraine and said he hoped Israeli Prime Minister Bennett would have a positive influence on the Russian-Ukrainian negotiations.