Richard Attias, FII Institute chairman and acting CEO, joins 'Money Movers' to discuss Trump-Putin's Alaska meeting and where it leaves the two countries and the world.

In a discussion on US-Russia relations, Richard Atiyah, executive committee chairman of the FII Institute, emphasized the differing approaches of US President Trump and Russian President Putin ahead of a planned meeting. Atiyah noted that while Trump seeks quick agreements, Putin operates on a longer timeline, focusing on gradual processes rather than immediate deals.

Atiyah also highlighted that Putin is likely interested in initiating economic collaboration with the United States, acknowledging the challenges faced by the Russian economy under sanctions. Despite these challenges, Russian businesses have adapted by investing domestically, creating a more resilient economy. The conversation also touched on Europe's diminished role in these negotiations, attributed to a perceived lack of leadership since the 2008 financial crisis.

FII: Putin knows he needs the U.S. as a business partner

President Trump this morning saying he thinks Russia's Putin will make a deal and that tomorrow's meeting in Alaska could set up a second meeting to make that deal the president also saying there will be a give-and-take on boundaries and There would be sanctions if the problem is not solved in Ukraine joining us now is FII Institute Executive committee chairman and acting CEO Richard Atiyah. Richard is also the executive chairman of Richard Atiyah and associates He's produced major events like the World Economic Forum in Davos He's known for advising international leaders and countries on these types of issues Richard. It's it's great to see you. Welcome Nobody knows more world leaders that I know than you and knows them as well So what do you think going into a meeting like this is the posture of both of these men? so First of all, I think we need to understand Putin mindset and I think this is one of the big mistake which was done the past few months in total humility the The long term for President Trump is one week He wants to make things done and deals done in one week two weeks maximum The short term for President Putin is one year and this is extremely important to understand. I was in Moscow a few months ago talking to the President Putin entourage and they don't have the same perception of time for number one point number two. I Think we should not be too much disappointed if tomorrow we don't go to we don't come with a real deal It will be the beginning of a process But present Putin is coming probably with the will to also start economic collaboration with the United States of America He knows that he needs the United States as a business partner also, and this is an important card that President Trump will play and Why he needs that because as you know, the Russian economy is not doing so well, even if during this sanctioned Embargo period I can tell you that the Russian business leaders have invested a lot in their own country They created a resilient economy If you go to Moscow, you would be extremely surprised to see how stores are full of goods Have a created new brands and that was even surprised to hear from prison from President Putin and the entourage You know, yes, we don't like the sanctions, but we're not on the rush to have the sanction left Because our Russian entrepreneurs invested a lot of money to create new Companies in in Russia and we need at least three to five years to have a return of investment of what we spend now We actually to create Yeah, so It's important to keep in consideration It's been it's been surprising to a lot of people the resilience. I think of the of the Russian economy Richard What about Europe? Where does that leave Europe? They're not included in this meeting. They did a pre-call with the president So, where are they? This is an extremely important question. And I think you can summarize the situation of Europe by lack of leadership Europe are Populating a lot. They want absolutely to be part of these global conversations, but unfortunately, I think from both sides I could be wrong from the US side and the Russian side. They don't see a strong leadership in Europe and and this is not new this lack of leadership is since 2008 when we had this huge financial crisis and Europe was struggling to solve the problem When you see countries which are small countries medium-sized like Poland We are now playing a big role in in this new I would say European order So this is why I'm not surprised to not see Russia at the table as much as to see a Europe At the table as much as you don't see a lot Europe at the table in the Middle East to try to solve this conflict between Israel and of course Hamas and the other players

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