Russian President Vladimir Putin has announced a plan to allocate $1 billion from frozen Russian assets to support US President Donald Trump’s controversial Peace Council.

Putin also suggested that remaining funds could be used to rebuild territories damaged during hostilities in Ukraine after a peace settlement. Speaking on Greenland, Putin offered a surprising calculation of its potential price, recalling historical precedents with Alaska and the Virgin Islands. This bold move signals Moscow’s willingness to engage in international diplomacy while keeping post-war reconstruction and strategic interests in focus.