No further Nato expansion. Occupied Ukrainian territory recognised as Russian, including by the US. No prosecution for Russia for war crimes. These are some of the clauses – part of a ‘surrender document’, brokered by Donald Trump – that Ukraine is facing after almost four years of war. Buried in the middle of the 28-point ‘peace blueprint’ being hammered out between the US and Russia, clause 14 stands out like a flashing sign. It offers up $100 billion in frozen Russian assets – repackaged as a fund for reconstruction, with the US pocketing half the profits. Meanwhile, Russia would be...