GZERO World Clips

Putin couldn't declare victory in Ukraine - so he changed the "war" objectives

Putin Couldn’t Declare Victory in Ukraine – So He Changed the “War” Objectives | GZERO World

For Michael McFaul, Vladimir Putin's May 9 Victory speech was a "nothing burger."

But there was something in there that signals his intentions in Ukraine, the former US ambassador to Russia tells Ian Bremmer on GZERO World.

McFaul says Putin changed the "phraseology" he's been using for the last two months when referring to the Donbas, where perhaps he now knows he can't prevail.

For the first time, Putin very deliberately talked about the Donbas and other contested parts of Ukraine as being part of Russian territory — and that means Russia will try to annex them.

"That is new. That is something qualitatively different than [...] the way he's been speaking about the war so far."

More For You

Mastercard Economic Institute's Outlook 2026 explores the forces redefining global business. Tariffs, technology, and transformation define an adaptive economy for the year ahead. Expect moderate growth amid easing inflation, evolving fiscal policies, and rapid AI adoption, driving productivity. Digital transformation for SMEs and shifts in trade and consumer behavior will shape strategies worldwide. Stay ahead with insights to help navigate complexity and seize emerging opportunities. Learn more here.

US President Donald Trump arrives to announce reciprocal tariffs against US trading partners in the Rose Garden of the White House in Washington, DC, USA, on April 2, 2025.
POOL via CNP/INSTARimages.com

From civil conflicts to trade wars to the rise of new technologies, GZERO runs through the stories that have shaped this year in geopolitics.