Putin’s refusal to compromise on Ukraine, say analysts, is a colossal error costing Russia regional influence, lucrative energy markets and its place in the world.

Officials have warned Russian President Vladimir Putin that a demographic crisis could mean the country he leads will be short millions of workers by the end of the decade.

Former Secretary of State Condoleezza Rice weighed in earlier this week on President Trump’s ultimatum on Russia, suggesting it is a “turning point” in peace efforts in the over three-year-long war in Ukraine.