President-elect Donald Trump says that he is ready to meet with Russian President Vladimir Putin and that the meeting is being arranged, though he gave no timeline for when it might take place. “He wants to meet, and we are setting it up,” Trump told a reporter late Thursday at a news conference at his Mar-a-Lago resort in Palm Beach, Florida.

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.

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.

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.

Amid ongoing geopolitical tensions, a new wave of speculation has emerged regarding former U.S. President Donald Trump's previous statements about buying Greenland. Now, rumors suggest that Russian President Vladimir Putin could be eyeing similar acquisitions,

Trump said in a press conference this week that he would not rule out using military force to seize Greenland.

The Kremlin said Thursday they are monitoring President-elect Donald Trump's "dramatic" comments over his desire to acquire Greenland amid other expansionist remarks, including the Panama Canal and Canada.