Trump has an opportunity to emulate President Ronald Reagan who won the Cold War by breaking the Russian economy. The Russian economy is a house of straw, one hard push and it will fall down. The country is vulnerable to economic crises. New sanctions or a drop in oil and natural gas prices could trigger a recession.

President-elect Donald Trump said late Thursday he is ready to meet with Russian President Vladimir Putin and that the meeting is currently being arranged, though he gave no timeline for when it might take place.

The president-elect had said the Russian leader wanted to meet him to discuss the war in Ukraine. The Kremlin stopped short of that, saying it could only happen after he takes office.

Kremlin spokesman Dmitry Peskov welcomed what he said was Donald Trump’s “readiness to solve problems through dialogue.” The last U.S.-Russian summit was in 2021.

Ahead of Trump's inauguration on January 20, the President-elect has said he is planning a meeting with Russia's leader, which the Kremlin has denied.

President-elect Trump said late Thursday that a meeting is in the works with Russian President Vladimir Putin to discuss ending the Kremlin's invasion of Ukraine. Why it matters: Trump said on the campaign trail that he would swiftly end the nearly three-year-old war in Ukraine within 24 hours of taking office.

A senior Moscow official says the Kremlin welcomes U.S. President-elect Donald Trump’s readiness to meet with Russian President Vladimir Putin.

Trump said a meeting between himself and Putin was being set up, however, Putin's spokesman said Moscow had received no requests to set up a meeting.

Donald Trump said talks with Russian President Vladimir Putin were in the works and while the president-elect provided no timeline, he stressed that his preference would be for after his Jan. 20 inauguration.

President-elect Donald Trump said he is planning a meeting with Russian President Vladimir Putin, saying he wants to end the "bloody mess" of the Ukraine war.

President-elect Donald Trump said a meeting with Russian President Vladimir Putin is being set up, raising the prospect that the incoming US leader could push to start negotiations to end the war in Ukraine.