Putin maintains firm institutional control through the security apparatus, United Russia party, and constitutional framework as he enters his fifth year directing the Ukraine conflict, with no verified succession plan or internal challengers emerging. Recent Ukrainian drone strikes on energy and logistics infrastructure have triggered fuel shortages and prompted a presidential decree for temporary state oversight of vulnerable assets, while approval metrics have eased modestly amid war costs. Ahead of September State Duma elections, Putin has aligned closely with United Russia to frame the vote as endorsement of sustained operations, rejecting external peace overtures such as the CIA director’s Moscow visit. Trader consensus reflects these structural barriers and the absence of acute triggers, pricing low near-term exit probability despite incremental battlefield slowdowns and economic pressures.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedUS intelligence reports Putin remains firmly in power amid Ukraine conflict
December 31, 2026 drops to 8%12%
US intelligence assessments confirmed Putin's continued leadership and no indication of resignation or removal, which stabilized market expectations despite ongoing conflict and internal pressures, contributing to a decline in the December 31, 2026 market price.
Putin addresses United Russia party Congress, reaffirming leadership and election support
Putin's speech at the party congress emphasized his ongoing leadership role and support for the ruling party ahead of elections, reinforcing market confidence in his presidency continuing.
Public frustration grows as Russians face fuel shortages and economic strain under Putin's leadership
Widespread public discontent due to fuel shortages and economic difficulties under Putin's prolonged rule was reported, reflecting societal pressures that could influence political stability perceptions and market sentiment.
Putin faces economic and political crisis amid fuel shortages and protests
August 31, 2026 dips to 0%1%
Fuel shortages caused by Ukrainian drone strikes led to public unrest and economic strain, challenging Putin's regime and contributing to market uncertainty about his tenure.
Putin orders government to stabilize regional finances amid budget deficits
August 31, 2026 dips to 0%1%
Putin's directive to shore up debt-laden regions highlighted economic challenges and attempts to maintain political stability, influencing market perceptions of regime resilience.
Ukraine drone strikes ignite largest Wildberries hub in Russia, worsening fuel crisis
August 31, 2026 dips to 0%2%
On August 18, Ukrainian drone attacks severely damaged Russia's largest online retailer's hub, exacerbating fuel shortages and public dissatisfaction, increasing pressure on Putin's government and affecting market confidence.
Public calls for Putin's removal intensify amid ongoing war and political crisis
Activists and commentators publicly demanded Putin's removal, reflecting growing domestic and international pressure, though no official change occurred. This heightened political tension but did not immediately affect market resolution.
Major internet outage affects services across Russia including Moscow and St. Petersburg
A power disruption at a major communications hub caused widespread internet outages, exacerbating economic disruptions and public dissatisfaction but not directly impacting Putin's presidency status.
Putin faces mounting political pressure amid Russia's fuel shortage crisis
August 31, 2026 dips to 1%1%
On August 18, 2026, reports emerged of severe fuel shortages in Russia causing unrest and prompting deployment of security forces, highlighting economic and political challenges for Putin. This crisis increased market concerns about his political stability.
Putin holds government meeting remotely amid speculation about his health and security
Putin conducted a government meeting via video link from a secret location, raising questions about his health and security but not indicating any imminent departure, which caused minor market fluctuations.
Putin vows to respond in kind to EU detentions of Russian vessels amid sanctions enforcement
June 30, 2027 dips to 13%1%
Putin's strong response to EU actions against Russian 'shadow fleet' vessels underscored ongoing geopolitical tensions and Russia's defensive posture, maintaining pressure on his leadership amid external challenges.
Putin reportedly avoids Moscow amid intensified Ukrainian drone attacks
August 31, 2026 dips to 1%1%
Reports that Putin was steering clear of Moscow due to drone attacks heightened concerns about his security and political stability, contributing to a slight market dip.
Putin meets Trump in Alaska for high-stakes summit on Ukraine
December 31, 2026 dips to 19%2%
The summit ended without a ceasefire or peace deal, reinforcing Putin's position and diminishing market expectations of his removal or resignation by the end of 2026.
Putin and Trump hold summit in Alaska without ceasefire deal
December 31, 2026 rises to 13%4%
The high-profile summit between Putin and US President Trump ended without a ceasefire agreement in Ukraine but was seen as a diplomatic win for Putin. This reinforced perceptions of Putin's political strength and reduced market expectations of his imminent departure.
Russian forces intensify strikes on Ukrainian ports amid ongoing conflict
The escalation of military operations and Ukraine's counterstrikes increased pressure on Putin's regime, affecting market perceptions of his political stability through August 2026.
New York Times reveals Putin ordered intelligence services to undermine NATO and EU
June 30, 2027 dips to 12%1%
A major investigation disclosed Putin's directive to destroy NATO and EU from within, highlighting ongoing geopolitical strategies that affirm his active leadership and reduce market expectations of his imminent removal.
Dozens of Moscow and St. Petersburg deputies publicly call for Putin's resignation
December 31, 2026 rises to 10%2%
Municipal deputies from major Russian cities issued an open letter demanding Putin's resignation, signaling growing political dissent but without immediate impact on his presidency, causing slight market price increases.
New York Times reveals Putin ordered intelligence services to undermine NATO and EU from within
The investigative report highlighted Putin's continued strategic control and aggressive posture, reinforcing perceptions of his active leadership and reducing market expectations of his removal.
Putin makes first presidential visit to disputed Kuril Islands, triggering diplomatic protests
Putin's visit to the disputed Kuril Islands reinforced his active role as president and Russia's territorial claims, signaling no sign of stepping down and maintaining market confidence in his presidency.
Putin makes first presidential visit to disputed Kuril Islands, triggering diplomatic protests
June 30, 2027 dips to 13%1%
Putin's visit to the disputed Kuril Islands reinforced his active role as president and provoked diplomatic protests from Japan, underscoring his continued exercise of presidential power and reducing market speculation about his departure.
Putin's approval rating remains stable despite ongoing war and economic challenges
August 31, 2026 dips to 0%1%
Despite military setbacks and economic difficulties, Putin maintained a stable approval rating in August 2026, which tempered market expectations of an imminent departure and contributed to declining probabilities for his exit by August 31, 2026.
Putin visits Pacific Fleet exercises amid rising tensions over EU sanctions
Putin's public appearance at military exercises underscored his continued active leadership despite rumors of frailty, reinforcing market skepticism about his imminent departure.
Putin threatens retaliation for Western seizures of Russian commercial vessels
Putin's public threat of retaliation amid escalating tensions with the West demonstrated his continued active leadership and resolve, countering narratives of weakening power and supporting market views of his ongoing presidency.
Putin threatens retaliation for Western seizures of Russian commercial vessels
June 30, 2027 dips to 13%1%
Putin's strong response to Western seizures of Russian vessels underscored ongoing geopolitical tensions but did not indicate any change in his presidential status, maintaining market stability at low exit probabilities.
Putin makes public appearances across Russian regions, denying health concerns
August 31, 2026 dips to 1%1%
Putin toured multiple Russian regions, projecting strength and denying fears about his health, which helped reassure markets and slightly reduced the probability of his imminent exit.
Putin showcases new nuclear missile amid Ukraine conflict
December 31, 2026 rises to 21%3%
Putin publicly displayed a new nuclear-powered missile and conducted nuclear drills, signaling his resolve to maintain power and Russia's military stance. This demonstration likely reinforced market perceptions of his continued presidency and reduced expectations of his removal.
Putin holds marathon year-end press conference reaffirming leadership
December 31, 2026 drops to 7%6%
Putin conducted a 4.5-hour press conference addressing various topics including the Ukraine war, showing no indication of stepping down and reinforcing his control. This reassured markets about his continued presidency, leading to a decline in removal odds.
Russia frees ailing ex-US Marine Robert Gilman after Putin approves humanitarian pardon
June 30, 2027 dips to 14%2%
Putin approved a humanitarian pardon leading to the release of Robert Gilman, a detained US Marine, demonstrating Putin's continued authority and diplomatic engagement, which helped stabilize market sentiment about his presidency.
Putin showcases new nuclear missile amid Ukraine conflict
December 31, 2026 dips to 21%1%
Putin publicly displayed a new nuclear-powered missile and conducted nuclear drills, signaling his resolve to maintain power and Russia's military stance. This likely reinforced market perceptions of his continued presidency, causing a dip in the December 31, 2026 market price.
Putin holds meeting on public transport development, showing active governance
Putin's engagement in domestic policy issues demonstrated his continued exercise of presidential duties, countering rumors of incapacitation or removal.
Growing dissent among Russian generals calls for Putin's resignation
Retired Russian generals publicly urged Putin to resign or be removed due to the ongoing Ukraine conflict, increasing political pressure and contributing to market volatility, though no immediate change in Putin's status occurred.
Editorial calls for Putin's dignified retirement amid ongoing Ukraine conflict
June 30, 2027 dips to 13%1%
An editorial urged Putin to step down for Russia's sake, reflecting growing public and international criticism of his prolonged leadership and military actions, which likely influenced market sentiment about his tenure's stability.
Grim images of pale, gaunt Putin fuel health rumors and reveal Kremlin's lack of succession plan
June 30, 2027 dips to 14%2%
New photos showing Putin's frail appearance intensified speculation about his health and the Kremlin's unpreparedness for his departure, slightly increasing market odds of his exit by 2027.
Putin faces record-low approval and cracks down on opposition
June 30, 2027 dips to 13%1%
Reports emerged of Putin's increased sensitivity to criticism amid record-low approval ratings and growing public discontent, with intensified political repression ahead of parliamentary elections. This suggested instability but no immediate change in presidency, slightly lowering market confidence in Putin's continuation until mid-2027.
Putin cracks down on opposition amid record-low approval ratings
September 30, 2026 dips to 4%3%
Amid growing public dissatisfaction and low approval ratings, Putin intensified repression of political opposition, signaling increased paranoia and efforts to maintain power. This contributed to a slight decline in market confidence about his long-term hold on the presidency.
Putin meets US President Trump in Alaska amid health speculation
December 31, 2026 dips to 18%2%
Putin's visible limping and physical distress during the Alaska summit with Trump raised health concerns, but the meeting ended without a ceasefire deal or signs of Putin's imminent exit, reinforcing his hold on power and causing market odds for his removal to dip.
Putin holds Security Council meeting amid military and diplomatic challenges
Putin's active engagement in governance and diplomacy, including talks with UAE President, reinforced perceptions of his continued leadership and stability.
Putin holds Security Council meeting on infrastructure protection amid intensified Ukrainian drone strikes
Putin convened a Security Council meeting on August 7 to discuss measures protecting Russian infrastructure from escalating Ukrainian drone attacks, reflecting growing security concerns but no indication of political change.
Russia expert Julian Waller predicts eventual end of Putin's presidency
June 30, 2027 dips to 14%2%
Julian Waller published an analysis in Foreign Affairs stating Putin will eventually leave office due to death, illness, or possibly voluntary resignation, despite current signs to the contrary. This analysis highlighted the long-term uncertainty but did not indicate an immediate exit, contributing to a moderate market reassessment.
Putin cracks down on opposition ahead of September elections
September 30, 2026 dips to 3%1%
The Kremlin banned the final anti-war party and intensified political repression, signaling Putin's determination to maintain power amid declining approval, which slightly increased market concerns about regime stability.
Putin's swollen and veiny hands spark renewed health speculation
New video footage showed Putin with visibly swollen and sore hands, fueling global speculation about his health and ability to govern. Despite Kremlin denials, this intensified uncertainty about Putin's future but did not trigger immediate market resolution.
Putin announces major reshuffle of top military leadership
June 30, 2027 dips to 15%1%
Putin's reshuffling of military commanders amid ongoing conflict and logistical challenges was seen as an attempt to consolidate control and address military setbacks, which had limited effect on market expectations of his presidency continuity.
Ukraine strikes Russian military and oil infrastructure amid ongoing conflict
June 30, 2027 dips to 14%2%
Ukrainian drone and missile attacks on Russian military and oil facilities increased pressure on Putin's regime, raising geopolitical risks but not directly threatening his presidency, causing minor market fluctuations.
Putin signs Russia's first comprehensive crypto trading law
December 31, 2026 dips to 8%1%
Putin signed Federal Law No. 282-FZ establishing a legal framework for crypto trading under central bank supervision, signaling continued governance and control efforts but no indication of political departure, thus minimal impact on market exit probabilities.
Putin appears frail at ASEAN Summit, fueling health concerns
December 31, 2026 rises to 12%3%
Putin's visibly frail appearance during the ASEAN Summit reignited speculation about his health, briefly increasing market uncertainty about his political future.
Putin holds government meeting amid ongoing military operations
Putin conducted a government meeting via videoconference, reaffirming his active role in governance and military strategy. This demonstrated continuity of leadership and reduced market expectations of his imminent removal, stabilizing prices across outcomes.
Kremlin lawyer Ilya Remeslo publicly demands Putin's resignation
December 31, 2026 dips to 9%1%
Ilya Remeslo, a Kremlin-linked attack lawyer, publicly called Putin a war criminal and demanded his resignation, signaling rare elite dissent. His subsequent forced removal highlighted internal fractures but did not immediately threaten Putin's presidency, causing minor market reactions.
Ilya Remeslo placed in psychiatric clinic after public criticism of Putin
December 31, 2026 dips to 11%3%
Following his public denunciation of Putin, Kremlin loyalist Ilya Remeslo was reportedly confined to a psychiatric clinic, indicating Kremlin efforts to suppress dissent and stabilize Putin's regime, which contributed to a decline in market exit probabilities.
Russian authorities detain Putin critics Ilya Remeslo and Boris Nadezhdin
August 31, 2026 dips to 2%4%
The detention of prominent Putin critics demonstrated the Kremlin's intent to suppress opposition and maintain Putin's hold on power, reducing market expectations for his removal in mid-2026.
Putin reportedly proposes surrender amid escalating pressures
December 31, 2026 rises to 22%3%
Reports that Putin proposed surrender in the Ukraine conflict increased speculation about his potential early exit, causing a notable uptick in market pricing for his removal by the end of 2026.
Putin observed limping during meeting with US President Trump in Alaska
December 31, 2026 dips to 18%1%
Putin's visible health issues during the Alaska summit fueled speculation about his physical condition and potential political vulnerability, but no official indication of resignation emerged, keeping market odds cautious.
Putin replaces Udmurtia republic head after surprise resignation
Alexander Brechalov unexpectedly resigned as head of Udmurtia republic, prompting Putin to appoint a replacement. This was a regional political reshuffle with no connection to Putin's presidential status.
Putin replaces head of Udmurtia Republic after surprise resignation
August 31, 2026 dips to 2%4%
Alexander Brechalov resigned suddenly as head of Udmurtia, replaced by Putin, sparking speculation about internal political instability. Though not directly linked to Putin's removal, this event contributed to market uncertainty about elite cohesion and regime stability.
Putin replaces head of Udmurtia Republic following surprise resignation
June 30, 2027 dips to 14%2%
The unexpected resignation of a regional leader and Putin's swift replacement highlighted possible internal political instability and elite reshuffling, contributing to market speculation about regime durability.
Surprise resignation of Udmurtia republic head signals possible internal political shifts
June 30, 2027 plunges to 16%20%
Alexander Brechalov's unexpected resignation in Udmurtia, replaced by Putin, suggested possible internal political instability or elite reshuffling, which may have contributed to market uncertainty about Putin's hold on power.
Putin replaces head of Udmurtia Republic after surprise resignation
December 31, 2026 dips to 13%1%
Putin's swift replacement of a regional leader following an unexpected resignation suggested internal political management but also hinted at possible instability or challenges within the ruling elite, affecting perceptions of regime durability.
Putin replaces head of Udmurtia after surprise resignation
September 30, 2026 dips to 4%3%
The sudden resignation of a regional leader and Putin's quick replacement raised questions about internal political stability and elite cohesion, contributing to market uncertainty about Putin's hold on power.
Russian veteran Aleksandr Lunin jailed after viral video warning of army mutiny
June 30, 2027 plunges to 17%19%
Aleksandr Lunin, a Russian veteran, was jailed following a viral video in which he warned of a potential army mutiny. This incident highlighted internal military tensions and contributed to market uncertainty about Putin's hold on power, causing a drop in the probability of his continued presidency by mid-2027.
Putin cracks down on political opposition amid rising public anger
September 30, 2026 dips to 2%2%
Following a wave of public discontent and escalating drone strikes, Putin intensified repression of opposition voices ahead of the September elections, signaling regime fragility but maintaining control.
Russian opposition politician reports Kremlin pressure to stop anti-war campaign
On July 27, 2026, a Russian opposition politician stated that the Kremlin was pressuring him to cease his anti-war political campaign, indicating ongoing internal political repression but no direct threat to Putin's presidency. This maintained market skepticism about imminent leadership change.
Putin addresses United Russia party congress amid signs of instability
Putin called the moment 'fateful' ahead of the September 20 State Duma elections, indicating internal political instability that could threaten his presidency and influence market perceptions of his tenure.
Putin holds meeting with outgoing State Duma deputies amid political pressure
Putin's meeting with State Duma deputies highlighted ongoing political pressures and the challenges facing his administration ahead of elections, reinforcing market concerns about potential leadership changes before the end of 2026.
Putin publicly reaffirms leadership amid ongoing war and economic pressures
Putin chaired a Security Council meeting and maintained active governance, demonstrating continued control and reducing market speculation about his imminent departure.
Putin's public appearances sharply reduced amid assassination fears
August 31, 2026 dips to 2%4%
Putin reportedly confined himself within the Kremlin due to assassination fears and paranoia, limiting public appearances and raising concerns about his grip on power, which contributed to market volatility and price declines for near-term exit outcomes.
Putin signs decree expanding Russian armed forces to 2.4 million personnel
June 30, 2027 dips to 16%1%
On July 27, Putin signed a decree increasing the authorized size of the Russian Armed Forces, reflecting militarization efforts amid ongoing conflict and attempts to consolidate power, which influenced market perceptions of regime stability.
Russia and North Korea begin construction of first road connection
The start of infrastructure cooperation between Russia and North Korea raised geopolitical concerns, indirectly affecting perceptions of Putin's regime stability amid ongoing conflicts.
Putin addresses State Duma amid ongoing Western sanctions and internal pressures
June 30, 2027 dips to 16%4%
On July 27, 2026, Vladimir Putin met with outgoing State Duma deputies, acknowledging ongoing Western sanctions and pressures on Russia. This public statement reinforced Putin's continued hold on power, contributing to the market's decline in the probability of his near-term exit.
Putin meets with State Duma deputies amid ongoing pressures
Putin's meeting with lawmakers at the end of the eighth convocation of the State Duma underscored his continued political activity despite mounting internal and external pressures, reflecting efforts to maintain control ahead of upcoming elections.
Putin addresses lawmakers, reaffirms Russia's resilience amid Western sanctions
On July 27, Putin spoke to lawmakers at the Grand Kremlin Palace, emphasizing Russia's ability to withstand Western sanctions and pressures. His public appearance and strong rhetoric reinforced his position, leading to further market confidence in his continued presidency through the end of 2026.
Putin addresses lawmakers amid ongoing Western sanctions and pressures
On July 27, 2026, Putin publicly acknowledged Western sanctions and pressures at a meeting with State Duma deputies, reinforcing his stance amid geopolitical challenges but not indicating any resignation or removal, which tempered market expectations.
Putin emphasizes public support ahead of September Duma elections
September 30, 2026 dips to 4%3%
Putin highlighted the role of deputies and citizens in supporting the military effort to deflect personal responsibility for the costly war, signaling political pressure and attempts to shore up his position before elections, affecting market sentiment.
Putin addresses State Duma amid ongoing Western sanctions and pressures
Putin publicly acknowledged Western sanctions and pressures during a meeting with outgoing State Duma deputies, reinforcing his position but also highlighting the challenges facing his presidency.
Putin signs decree increasing Russian Armed Forces personnel
Putin signed a decree raising the authorized strength of the Russian Armed Forces, signaling continued military commitment despite internal and external pressures. This move was seen as an attempt to consolidate power and maintain control, tempering market expectations of his imminent removal.
Russia and North Korea build first road connection, alarming Ukraine
The construction of a road link between Russia and North Korea raised geopolitical concerns, reflecting ongoing regional tensions. While not directly about Putin's presidency, this development contributed to the broader context of instability affecting market sentiment.
Putin meets outgoing State Duma deputies, reaffirms resolve amid economic risks
June 30, 2027 dips to 16%1%
Putin's meeting with lawmakers at the end of the eighth convocation of the State Duma emphasized continued defense of Russia's security and political stability despite economic challenges, aiming to project control and resilience to the public and markets.
Putin delivers speech reaffirming Russia's war aims and unity
August 31, 2026 dips to 1%1%
On July 26, Putin addressed military personnel, emphasizing national unity and commitment to war objectives despite hardships, reinforcing his grip on power and likely contributing to the market's low odds for his exit by August 31, 2026.
Putin addresses United Russia party ahead of parliamentary elections
August 31, 2026 dips to 2%4%
Putin spoke at the United Russia party convention, reinforcing his control and projecting political continuity ahead of the September 2026 parliamentary elections. This helped stabilize market expectations about his continued presidency.
Putin asserts Ukraine will lose western lands, signaling continued hardline stance
On July 26, Putin stated that Ukraine will lose its western territories sooner or later, reinforcing his maximalist war aims. This statement underscored ongoing conflict and political risks, maintaining downward pressure on market confidence in his presidency.
Putin reaffirms commitment to war aims in speech to Russian Navy personnel
June 30, 2027 dips to 16%3%
In a public speech, Putin reiterated Russia's maximalist war aims and confidence in victory, signaling no intention to step down or negotiate peace, which reinforced market expectations of his continued presidency.
Putin cancels Navy Day parade amid fears of Ukrainian strikes, displays visible frustration
June 30, 2027 plunges to 15%21%
Putin's decision to cancel a major military parade due to security concerns and his public outburst signaled heightened internal pressures and vulnerabilities, contributing to market speculation about his political stability.
Putin cancels Navy Day parade amid fears of Ukrainian strikes, displays frustration
On July 26, 2026, Putin canceled Russia’s Navy Day parade due to concerns over Ukrainian drone attacks and expressed anger during a meeting with naval officers, signaling a public display of vulnerability and internal challenges.
Putin publicly ambushed by Kazakh President during televised meeting
June 30, 2027 dips to 16%3%
Putin faced a public rebuke from Kazakhstan’s president, exposing cracks in his regional influence and signaling political vulnerability, which contributed to market uncertainty about his presidency.
Kazakh President publicly criticizes Putin during televised meeting
June 30, 2027 plunges to 16%20%
On July 25, Kazakh President Tokayev publicly questioned the Kremlin's war narrative during a meeting with Putin, visibly unsettling the Russian leader and signaling regional elite dissent, which affected market perceptions of Putin's grip on power.
Putin ambushed during televised meeting after months out of public view
June 30, 2027 plunges to 16%20%
Putin's rare public appearance ended in a chaotic televised meeting, interpreted as a sign of internal challenges and weakening authority, which contributed to market uncertainty about his continued presidency.
Putin ambushed during public appearance after months in bunker
June 30, 2027 plunges to 16%20%
Putin's rare public appearance ended in a televised meeting that went off-script, highlighting his weakened position and possible internal challenges, which contributed to market declines in confidence about his presidency.
Kazakh President Kassym-Jomart Tokayev publicly criticizes Putin during Omsk meeting
December 31, 2026 dips to 15%2%
Tokayev's unexpected public criticism of Putin during a bilateral meeting exposed cracks in Putin's regional alliances and heightened market concerns about his political stability.
Putin ambushed during public meeting with Kazakhstan's president
During a televised meeting in Omsk, Kazakhstan's President Tokayev publicly criticized Putin and the Kremlin's war narrative, exposing Putin's vulnerability and raising questions about his political standing, influencing market perceptions.
Putin ambushed during rare public appearance in Omsk
June 30, 2027 dips to 16%3%
Putin’s first domestic trip in months ended in a televised meeting that went off the rails, highlighting his vulnerability and fueling speculation about his weakening grip on power, which influenced market prices downward.
ICC Chief Prosecutor Karim Khan removed from office after issuing Putin arrest warrant
On July 24, 2026, Karim Khan, ICC Chief Prosecutor who issued an arrest warrant for Putin, was stripped of his immunity and position, risking legal consequences. This development highlighted international legal pressures on Putin but did not directly affect his presidency status.
Putin’s inner circle reportedly turns against him amid war losses
August 31, 2026 dips to 1%1%
Reports emerged that Putin’s closest allies have privately blamed him for Russia’s war failures, reflecting deepening elite dissatisfaction and increasing political instability.
Ukrainian President Zelensky claims Putin’s inner circle turning against him
June 30, 2027 dips to 16%3%
On July 23, 2026, Zelensky stated that figures close to Putin have reached out to Kyiv officials blaming Putin for the war and losses. This indicated elite fractures and increased market concerns about Putin's grip on power.
Putin's inner circle reportedly turns against him amid war losses
December 31, 2026 rises to 12%3%
Reports emerged that Putin's most trusted allies were secretly blaming him for Russia's war losses and distancing themselves, signaling elite dissatisfaction and increasing market speculation about his political stability.
Russia suspends government bond auctions amid financial strain
June 30, 2027 dips to 16%3%
On July 21, 2026, Russia's Finance Ministry halted federal bond auctions due to rising borrowing costs and weak investor demand, reflecting economic stress that could undermine Putin's regime stability. This financial pressure was a factor in market considerations of Putin's tenure.
Russian State Duma passes bill expanding military recruitment
The Russian State Duma passed legislation expanding the number of Russians eligible for military service, reflecting ongoing military pressures and internal mobilization efforts. This legislative move underscored the Kremlin's attempts to maintain control amid war challenges, affecting market perceptions of Putin's hold on power.
Putin claims economic growth and government surplus despite war challenges
Putin publicly asserted positive economic indicators and a government surplus, attempting to project strength amid ongoing military setbacks and internal pressures, which tempered market fears of imminent removal.
Putin approves government instructions amid ongoing economic and military challenges
Putin chaired a government meeting and approved a list of instructions to address domestic issues, signaling attempts to stabilize his administration amid mounting pressures. This event coincided with continued low market confidence in his presidency.
Putin leads meeting on economic issues amid ongoing challenges
June 30, 2027 dips to 16%1%
Putin chaired a meeting on economic issues at the Kremlin, signaling continued active leadership despite internal pressures and public dissatisfaction, which helped stabilize market expectations about his presidency.
Putin leads economic meeting amid growing domestic challenges
June 30, 2027 plunges to 18%18%
On July 22, Putin chaired a meeting focused on economic issues, signaling efforts to manage the worsening economic situation caused by sanctions and the war. This event reflected ongoing attempts to maintain control despite mounting pressures.
Russia suspends government bond auctions amid rising borrowing costs
Russia's Finance Ministry suspended federal government bond auctions due to climbing borrowing costs and weak investor demand, complicating budget financing. This financial strain added to concerns about Putin's political and economic control, influencing market sentiment.
Putin reportedly confined to Kremlin amid assassination fears
Reports emerged that Vladimir Putin had not left the Kremlin for a week due to rising assassination fears and paranoia, reflecting concerns about his security and political stability, which influenced market sentiment.
Putin reportedly proposes surrender amid escalating pressures
December 31, 2026 rises to 22%3%
Reports emerged that Putin proposed surrendering parts of occupied southern Ukraine, signaling a major shift in Russia's stance and increasing speculation about his potential removal or resignation. This caused a notable uptick in market pricing for Putin leaving office by the end of 2026.
Putin reportedly confined to Kremlin amid assassination fears and paranoia
June 30, 2027 plunges to 17%19%
By July 20, 2026, reports indicated Putin was largely confined within the Kremlin due to rising assassination fears and paranoia. This suggested increased internal security concerns but did not indicate any official change in his presidency, contributing to market uncertainty but not a decisive shift.
Retired Russian military officers publicly call for Putin's resignation over Ukraine war
December 31, 2026 dips to 12%2%
Public dissent from high-ranking retired military officers criticizing Putin's Ukraine strategy and calling for his resignation highlighted growing internal challenges to Putin's leadership, increasing market doubts about his stability in office.
Putin meets North Korean Foreign Minister, hails war support
On July 20, Putin met with North Korean Foreign Minister Choe Son Hui, expressing gratitude for North Korea's support in the Ukraine conflict, signaling continued international alliances and Putin's active leadership role.
Putin faces growing public unhappiness amid economic woes and fuel shortages
June 30, 2027 plunges to 17%19%
Reports highlighted increasing dissatisfaction with Putin among Russians due to economic difficulties and fuel shortages, signaling weakening public support. Despite this, no official moves toward resignation or removal occurred, keeping market probabilities low but volatile.
Rising public dissatisfaction and economic woes test Putin's grip on Russia
December 31, 2026 dips to 9%1%
Reports of fuel shortages, economic difficulties, and public unhappiness increased pressure on Putin's regime, reflected in market price declines for his continued presidency through 2026.
Detention of Putin's longtime associate Ilya Traber signals elite turmoil
June 30, 2027 plunges to 16%20%
On July 20, 2026, reports emerged of the detention of Ilya Traber, a close Putin associate, by the FSB on suspicion of involvement in a contract killing, highlighting infighting and instability within Putin's inner circle, which affected market sentiment.
Anonymous trader places nearly $500K bet on Putin leaving presidency by end of 2026
An anonymous Polymarket trader made a large wager of approximately $490,000 that Putin would cease to be president by December 31, 2026, signaling increased market speculation and perceived risk of his exit despite no official resignation or removal. This bet briefly influenced market sentiment but did not result in immediate price changes.
Ilya Remeslo placed in psychiatric clinic after criticizing Putin
December 31, 2026 dips to 11%3%
Following his public criticism, Remeslo's reported confinement indicated Kremlin efforts to suppress dissent, which likely reassured markets about Putin's regime stability and caused a dip in removal probabilities.
Putin reportedly confined to Kremlin amid assassination fears
August 31, 2026 dips to 2%4%
Reports indicated Putin was staying within the Kremlin due to rising assassination fears and paranoia, reflecting instability and security concerns within the Kremlin, which affected market perceptions of his political longevity.
Detention of Putin associate Ilya Traber signals Kremlin infighting
June 30, 2027 dips to 17%1%
The FSB detained Ilya Traber on suspicion of contract killing involvement, highlighting internal power struggles and instability within Putin's inner circle, which affected market sentiment.
Putin remains holed up in Kremlin amid assassination fears and paranoia
June 30, 2027 plunges to 18%18%
Reports of Putin's seclusion in the Kremlin due to assassination fears and paranoia indicated heightened insecurity and possible weakening of his control, influencing market perceptions.
Putin's government invests heavily in longevity research amid health concerns
July 31, 2026 dips to 0%2%
Reports on July 19 highlighted Putin's obsession with longevity, including state-funded projects on gene therapy and organ replacement, reflecting ongoing concerns about his health but no indication of imminent resignation or removal. This contributed to sustained low market odds for his exit by July 31, 2026.
Putin's government invests heavily in longevity research amid health rumors
June 30, 2027 plunges to 17%19%
Reports surfaced about Putin's personal and governmental focus on anti-aging and longevity research, including gene therapy and organ replacement, suggesting efforts to extend his political tenure despite health concerns. This may have tempered market fears of his imminent exit.
Putin meets North Korean foreign minister, thanks for military support
On July 19, 2026, Putin met with North Korea's foreign minister, expressing gratitude for Pyongyang's support in the Ukraine war, including troops and weapons. This diplomatic engagement aimed to bolster Russia's military capacity amid ongoing conflict and internal challenges.
Putin's health concerns rise amid frail appearances and rumors
December 31, 2026 dips to 9%1%
Multiple reports and observations noted Putin's frail physical condition, including slurred speech and a stooped gait, fueling speculation about his health and potential impact on his ability to remain in power, which influenced market sentiment downward.
Putin discusses immortality and gene therapy efforts in Russia
Putin expressed ambitions for longevity and immortality, with Russian government investing heavily in anti-aging research, signaling his intent to remain in power long-term. This likely tempered market expectations of his imminent departure.
Putin pushes ambitious longevity and immortality research programs
June 30, 2027 plunges to 16%20%
Putin's government invested heavily in anti-aging and longevity research, signaling his intent to maintain power long-term despite health rumors, which tempered market expectations of his imminent exit.
Unverified reports of coup planning within Russia’s General Staff emerge
Rumors surfaced alleging some officers in Russia's General Staff were considering a coup due to fears of repression if the Ukraine war ends unfavorably. These unconfirmed reports increased uncertainty but lacked confirmation, limiting market impact.
Putin's government pushes ambitious longevity and immortality research
Putin's focus on longevity research, including gene therapy and anti-aging treatments, was widely reported, reflecting his personal health concerns and possibly affecting market perceptions of his political future.
Zelensky fires popular defense minister, delaying Putin’s potential downfall
December 31, 2026 dips to 9%1%
Ukrainian President Zelensky’s dismissal of a key defense minister led to public outrage and a blow to Ukrainian morale, which in turn reduced immediate pressure on Putin’s regime, reflected in a slight market price decline for Putin’s exit probabilities.
Russian opposition politician reports Kremlin pressure to halt anti-war campaign
August 31, 2026 dips to 2%2%
The Kremlin’s pressure on opposition figures to stop anti-war activities highlighted internal political repression, reinforcing perceptions of instability that influenced market pricing for Putin’s potential exit.
Putin appears expressionless at Day of Memory and Sorrow ceremony, sparking health speculation
Putin's unusually rigid facial expression during a public memorial event reignited global speculation about his health, contributing to market concerns about his ability to continue as president.
Putin pushes gene therapy and longevity research to extend life
June 30, 2027 plunges to 19%17%
Putin's government announced a $26.8 billion program on gene therapy and organ replacement to slow aging, reflecting his focus on personal longevity amid health rumors, which influenced market perceptions of his political future.
Putin pushes ambitious longevity and immortality research projects
Putin's government announced large investments in anti-aging and longevity research, reflecting his personal focus on health and survival, which influenced market speculation about his political future.
Putin meets North Korean Foreign Minister, thanks for support in Ukraine war
On July 19, 2026, Putin met with North Korean Foreign Minister Choe Son Hui at the Kremlin, expressing gratitude for Pyongyang's support in the Ukraine conflict. This high-level diplomatic engagement reinforced Putin's international alliances and political standing, contributing to market confidence in his continued presidency.
Russian authorities detain blogger critical of Putin and Ukraine war
On July 18, 2026, Russian police detained a blogger who criticized Putin and the war in Ukraine, signaling increased repression of dissent ahead of parliamentary elections. This contributed to market concerns about political stability and Putin's grip on power.
Putin confined to Kremlin amid rising assassination fears
Reports emerged that Putin had not left the Kremlin for days due to mounting assassination fears and paranoia, indicating heightened internal instability. This news influenced market sentiment by highlighting vulnerabilities in Putin's position.
Kremlin elite infighting intensifies with arrests of Putin's close associates
June 30, 2027 plunges to 16%20%
Reports emerged of a brutal wave of arrests within Putin's inner circle, including influential businessmen and officials once considered untouchable. This internal power struggle suggested growing paranoia and instability in the Kremlin but did not directly threaten Putin's presidency, contributing to market uncertainty.
Pro-Kremlin activist who turned on Putin arrested in crackdown
On July 17, 2026, Ilya Remeslo, a former pro-Kremlin blogger who publicly denounced Putin and the Ukraine war, was arrested on charges of spreading false information, signaling intensified repression of dissent and contributing to market uncertainty.
Russian anti-war politician Boris Nadezhdin convicted, barred from campaigning
Boris Nadezhdin, a prominent anti-war politician and critic of Putin, was convicted on charges that prevent him from campaigning in the upcoming parliamentary elections. This reflects the Kremlin's tightening grip on opposition voices, consolidating Putin's hold on power despite growing public discontent.
Russian authorities detain pro-Kremlin blogger critical of Putin
On July 17, 2026, Russian police detained Ilya Remeslo, a former pro-Kremlin blogger turned critic of Putin, on charges of spreading false information about the military. This crackdown on dissent signaled internal political instability but did not directly affect Putin's presidency status.
Former Kremlin propagandist Ilya Remeslo arrested for criticizing Putin
December 31, 2026 rises to 12%2%
Remeslo's arrest for spreading 'fake news' about the military and calling for Putin's resignation signaled elite fractures and growing dissent, briefly increasing market uncertainty about Putin's tenure.
Russian authorities detain pro-Kremlin blogger turned Putin critic Ilya Remeslo
September 30, 2026 dips to 4%3%
On July 17, 2026, Russian police detained Ilya Remeslo on charges of spreading false information about the Russian military. This crackdown on dissent signaled intensified repression ahead of the September elections, contributing to market perceptions of internal political instability but not immediate leadership change.
Russian opposition politician convicted, barred from parliamentary race
On July 17, Boris Nadezhdin, a Putin critic and opposition politician, was convicted on charges preventing him from running in the parliamentary elections. This indicated continued political repression and instability within Russia, influencing market perceptions of Putin's regime durability.
Kremlin propagandist Ilya Remeslo arrested after criticizing Putin
December 31, 2026 dips to 9%1%
Ilya Remeslo, a former Kremlin propagandist turned critic, was arrested for spreading 'fake news' about the war and calling for Putin's resignation. This crackdown on dissent highlighted internal political pressures and contributed to market speculation about Putin's stability.
Kremlin propagandist arrested after criticizing Putin
On July 17, 2026, Kremlin propagandist Ilya Remeslo was detained after publicly criticizing Putin and calling for his resignation. This crackdown on dissent indicated internal instability and increased market doubts about Putin's hold on power.
Pro-Kremlin blogger turned critic Ilya Remeslo detained amid crackdown
Ilya Remeslo, a former pro-Kremlin blogger who publicly called for Putin's resignation, was detained on charges of spreading false information about the armed forces. This intensified crackdown on dissent highlighted internal pressures on Putin's regime, affecting market sentiment about his presidency's durability.
Putin critic convicted, barred from parliamentary race
December 31, 2026 dips to 9%1%
The conviction of Boris Nadezhdin, a vocal Putin critic, on charges preventing his participation in elections highlighted the Kremlin's tightening grip and political repression, signaling internal instability but no immediate leadership change.
Putin critic Boris Nadezhdin convicted, barred from parliamentary race
September 30, 2026 dips to 4%3%
The conviction of a prominent Putin critic and his exclusion from elections signaled tightening political repression, reducing opposition prospects and affecting market views on regime stability.
Pro-Kremlin blogger critical of Putin detained amid crackdown on dissent
Ilya Remeslo, a former Kremlin propagandist turned critic of Putin, was detained on charges of spreading false information about the Russian army, signaling increased repression and political instability within Russia.
Russian opposition politician Boris Nadezhdin convicted amid crackdown
December 31, 2026 dips to 8%1%
The conviction and imprisonment of a prominent Putin critic ahead of parliamentary elections signaled intensified repression, reducing chances of political transition and reinforcing Putin's grip on power in the near term.
Anti-war Russian politician convicted, limiting opposition to Putin
July 31, 2026 dips to 0%2%
Boris Nadezhdin, a critic of Putin and the war, was convicted on charges that barred him from campaigning, signaling continued suppression of dissent and consolidation of Putin's power despite challenges.
Kremlin propagandist arrested after criticizing Putin
September 30, 2026 dips to 4%3%
Former Kremlin propagandist Ilya Remeslo, who publicly criticized Putin and was released from psychiatric detention, was arrested again, signaling tightening political repression. This event highlighted internal dissent and increased market concerns about Putin's grip on power.
Former pro-Kremlin blogger Ilya Remeslo detained for spreading fake news
August 31, 2026 dips to 1%1%
The arrest of Ilya Remeslo, a former Putin supporter turned critic, highlighted the Kremlin's crackdown on dissent amid growing internal unrest, negatively impacting Putin's perceived stability.
Anti-war politician Boris Nadezhdin convicted, barred from parliament race
December 31, 2026 dips to 9%1%
Boris Nadezhdin, a critic of Putin and the war in Ukraine, was convicted on charges that will prevent him from running in the upcoming parliamentary elections, signaling the Kremlin's crackdown on dissent ahead of critical votes.
Russian anti-war politician Boris Nadezhdin convicted, barred from parliament race
August 31, 2026 dips to 1%1%
The conviction of Boris Nadezhdin, a critic of Putin, and his exclusion from the parliamentary race signaled intensified Kremlin crackdown on dissent, reinforcing regime control and limiting immediate prospects of Putin's removal, which tempered market optimism.
Anti-war Russian politician Boris Nadezhdin convicted, barred from parliamentary campaign
The conviction of Boris Nadezhdin, a vocal critic of Putin and the war, and his exclusion from the upcoming parliamentary elections signaled Kremlin's crackdown on dissent, reflecting political repression that affects perceptions of regime stability.
Pro-Kremlin blogger turned Putin critic Ilya Remeslo detained on fake news charges
The arrest of a former pro-Kremlin blogger who publicly criticized Putin and called for his resignation signaled heightened crackdown on dissent, reinforcing market skepticism about Putin's imminent departure.
Former pro-Kremlin blogger Ilya Remeslo arrested for criticizing Putin
On July 17, 2026, Ilya Remeslo, a former Kremlin propagandist who turned critic of Putin, was arrested for two months on charges of spreading fake news about the Russo-Ukrainian war. This event highlighted the Kremlin's crackdown on dissent amid growing internal pressures on Putin's regime.
Ilya Remeslo, former pro-Kremlin blogger critical of Putin, arrested for spreading 'fake news'
The arrest of a vocal Putin critic for spreading 'fake news' about the war indicated a crackdown on dissent, reflecting political pressure and instability that influenced market perceptions of Putin's tenure.
Russian authorities detain anti-war blogger Ilya Remeslo for spreading false information
September 30, 2026 dips to 4%3%
The detention of Ilya Remeslo, a former pro-Kremlin blogger turned critic, on charges of spreading false information about the military, highlighted the Kremlin's crackdown on dissent, increasing political pressure on Putin's regime.
Anti-war politician Boris Nadezhdin convicted, barred from parliamentary race
September 30, 2026 dips to 4%3%
Boris Nadezhdin, a vocal critic of Putin and the war, was convicted and barred from running in the upcoming parliamentary elections, signaling intensified repression ahead of September elections and weakening opposition prospects.
Putin faces serious trouble as Russia loses energy war against Ukraine
Reports indicated that 60% of Russia's refining capacity was offline due to Ukrainian strikes, causing severe fuel shortages and economic strain. This situation posed a significant challenge to Putin's regime stability, increasing speculation about his political future but without immediate leadership change.
Kremlin lawyer publicly calls for Putin's resignation
December 31, 2026 rises to 12%3%
Ilya Remeslo, a Kremlin-linked lawyer, denounced Putin as a war criminal and demanded his resignation, marking rare elite dissent. This event briefly increased market uncertainty and raised the probability of Putin leaving office by the end of 2026.
Putin’s trust and approval ratings hit new lows amid worsening fuel crisis
By mid-July, multiple polls showed Putin’s approval and trust ratings falling to their lowest levels since the war began, driven by the ongoing fuel shortages and public frustration. This decline reflected growing instability in Putin’s domestic support, influencing market perceptions of his presidency’s durability.
Anti-war politician Boris Nadezhdin convicted, barred from parliamentary race
August 31, 2026 dips to 1%1%
The conviction and exclusion of a prominent Putin critic from elections demonstrated the Kremlin's tightening grip on political opposition, reflecting internal pressures but no immediate threat to Putin's presidency.
Russian opposition politician Boris Nadezhdin convicted, barred from parliamentary race
Boris Nadezhdin, a vocal critic of Putin and the Ukraine war, was convicted on charges of displaying extremist symbols, effectively barring him from the September parliamentary elections and signaling increased Kremlin repression to maintain Putin's hold on power.
Opposition politician Boris Nadezhdin convicted, barred from parliamentary race
September 30, 2026 dips to 2%2%
Boris Nadezhdin, a prominent anti-war critic of Putin, was convicted on charges that prevent him from running in the 2026 parliamentary elections, signaling intensified political repression ahead of the vote.
Russian authorities detain Putin critics Ilya Remeslo and Boris Nadezhdin
July 31, 2026 dips to 0%2%
In a crackdown on dissent, Russian police detained former pro-Kremlin blogger turned critic Ilya Remeslo and anti-war politician Boris Nadezhdin, signaling the Kremlin's intent to suppress opposition and maintain Putin's hold on power. This reduced market expectations for Putin's removal by July and August 2026.
Anti-war Russian politician Boris Nadezhdin convicted, barred from parliamentary race
September 30, 2026 dips to 4%3%
The conviction of a prominent Putin critic ahead of the September 2026 elections underscored the Kremlin's crackdown on dissent, signaling political repression that affected market perceptions of Putin's hold on power.
Putin critic Boris Nadezhdin convicted, barred from parliamentary race
The conviction of a prominent Putin critic on extremist charges and his exclusion from elections signaled continued political repression, reducing prospects for political change and reinforcing Putin's grip despite challenges.
Putin critic convicted on charges barring parliamentary candidacy
The conviction of an anti-war politician on extremist charges and detention of a former pro-Kremlin blogger turned critic signaled intensified repression of dissent, reflecting internal political instability and impacting market perceptions of Putin's hold on power.
Boris Nadezhdin convicted, barred from parliamentary race
September 30, 2026 dips to 4%3%
Boris Nadezhdin was convicted of displaying extremist symbols, preventing him from running in the upcoming parliamentary elections. This legal action further demonstrated the Kremlin's suppression of opposition and reinforced market confidence in Putin's continued presidency through late 2026.
Anti-war Russian politician Boris Nadezhdin convicted, barred from parliamentary race
On July 17, 2026, Boris Nadezhdin was convicted of displaying extremist symbols, preventing him from running in elections. This legal crackdown on Putin critics signaled regime tightening, impacting market confidence in Putin's political longevity.
Pro-Kremlin blogger Ilya Remeslo detained for spreading 'fake news' about Russian army
Ilya Remeslo, a former pro-Kremlin blogger turned critic of Putin, was detained on charges of spreading false information about the Russian military. This arrest signaled a crackdown on dissent and heightened political instability ahead of the September elections, impacting market perceptions of Putin's hold on power.
Putin critics Ilya Remeslo and Boris Nadezhdin detained and convicted
On July 17, Russian authorities detained former pro-Kremlin blogger turned critic Ilya Remeslo and convicted anti-war politician Boris Nadezhdin of extremist charges, barring him from parliamentary candidacy. These actions signaled intensified repression of dissent, reflecting internal political instability and impacting market perceptions of Putin's hold on power.
Opposition politician Boris Nadezhdin detained and faces court hearing
Boris Nadezhdin, an anti-war politician and former presidential hopeful, was detained and scheduled for a court hearing, reflecting ongoing repression of political opposition. This reinforced perceptions of Putin's strong grip on power, limiting market expectations of his removal by December 31, 2026.
Moscow court orders Ilya Remeslo held in pretrial detention for two months
September 30, 2026 dips to 4%3%
The Basmanny District Court in Moscow ordered Ilya Remeslo to remain in pretrial detention, reinforcing the government's crackdown on dissent and signaling no immediate political transition. This contributed to further decline in market odds for Putin's removal by September 30, 2026.
Pro-Kremlin blogger Ilya Remeslo detained for criticizing Putin and spreading 'fake news'
December 31, 2026 dips to 12%2%
Ilya Remeslo, a former pro-Kremlin blogger turned critic, was detained on July 17, 2026, signaling a crackdown on dissent ahead of the September parliamentary elections. This event highlighted internal political tensions and contributed to market uncertainty about Putin's stability.
Kremlin-linked lawyer Ilya Remeslo publicly calls for Putin's resignation
December 31, 2026 rises to 12%2%
Ilya Remeslo, a Kremlin-linked lawyer, denounced Putin as a war criminal and demanded his resignation, signaling rare elite dissent and briefly increasing market uncertainty about Putin's tenure.
Putin critic Ilya Remeslo arrested after public resignation call
Following his public call for Putin's resignation, Ilya Remeslo was arrested and reportedly admitted to a psychiatric clinic, highlighting the Kremlin's crackdown on dissent and increasing market uncertainty about Putin's political stability.
Ukraine escalates attacks on Russian infrastructure, increasing pressure on Putin
June 30, 2027 plunges to 16%20%
Ukraine intensified attacks on Russian oil refineries and fuel infrastructure, exacerbating Russia's economic and political crises and undermining Putin's control and image of strength.
Ukrainian Defense Minister Mykhailo Fedorov dismissed by President Zelensky
December 31, 2026 dips to 7%2%
Ukrainian President Zelensky dismissed Defense Minister Fedorov, a popular figure credited with drone warfare successes. This political shakeup in Ukraine amid ongoing conflict indirectly affected market perceptions of Putin's stability and the war's trajectory.
Ukrainian President Zelensky fires popular defense minister amid ongoing war
The dismissal of a key defense minister credited with drone warfare breakthroughs dealt a blow to Ukrainian morale and highlighted the ongoing conflict pressures, indirectly affecting perceptions of Putin's hold on power.
Ukrainian President Zelensky fires defense minister, impacting morale
June 30, 2027 plunges to 19%17%
On July 16, 2026, Ukrainian President Zelensky dismissed Defense Minister Mykhailo Fedorov, a popular figure credited with drone warfare breakthroughs. This move sparked public outrage and dealt a blow to Ukrainian morale, indirectly affecting perceptions of Putin's hold on power.
Ukrainian Defense Minister sacked, signaling political instability
The dismissal of Ukraine’s popular defense minister sparked protests and was seen as a setback for Ukrainian morale, indirectly affecting perceptions of Putin’s regime stability and prolonging his tenure.
Ukrainian drone strike hits Russia's Engels air base deep inside Russian territory
Ukraine launched a significant drone attack on the Engels air base, a key strategic military installation housing Russian bombers. This demonstrated Ukraine's capability to strike deep into Russia, exacerbating internal pressures on Putin's regime and contributing to fuel shortages and political instability.
Ukrainian President Zelenskyy fires defense minister, impacting morale amid ongoing conflict
On July 16, 2026, Zelenskyy dismissed Ukraine’s defense minister, a move that sparked public outrage and affected Ukrainian morale, indirectly influencing perceptions of Putin’s hold on power as the conflict continued.
Putin critic Boris Nadezhdin convicted, barred from 2026 parliamentary campaign
December 31, 2026 dips to 10%2%
The conviction of a prominent Putin critic highlighted ongoing political repression and internal dissent but did not directly threaten Putin's presidency, slightly dampening market speculation of his removal.
Zelensky fires popular defense minister, dampening hopes for Putin's fall
December 31, 2026 dips to 9%4%
On July 16, 2026, Ukrainian President Zelensky dismissed Defense Minister Fedorov, a key figure in drone warfare successes, which dealt a blow to Ukrainian morale and delayed momentum against Putin, influencing market sentiment downward.
Ukrainian Defense Minister sacked, delaying Putin’s potential demise
Ukrainian President Zelensky dismissed Defense Minister Mykhailo Fedorov, a popular figure credited with military successes, sparking protests and dampening Ukrainian morale. This event delayed expectations of Putin’s downfall, reducing market optimism about his imminent removal.
Anti-war Russian politician convicted, barred from parliamentary race
Boris Nadezhdin, a critic of Putin and the war in Ukraine, was convicted on charges that will prevent him from campaigning, signaling increased political repression and instability within Putin's regime, impacting market perceptions.
Reports emerge of Putin losing grip amid elite tensions
December 31, 2026 rises to 13%4%
Western media revealed that Vladimir Putin’s position within Russia’s power structure had significantly weakened, with alleged plans for his removal emerging among the ruling elite. This news contributed to market uncertainty and a temporary price increase reflecting the possibility of Putin leaving office by the end of 2026.
Retired Russian generals publicly call for Putin's resignation
December 31, 2026 rises to 14%4%
Several retired Russian military officers, including Colonel-General Leonid Ivashov, publicly urged Putin to resign due to the Ukraine war's toll. This increased political pressure contributed to market volatility but did not lead to immediate change in Putin's status.
Ukrainian Defense Minister Mykhailo Fedorov steps down amid war pressures
December 31, 2026 dips to 9%1%
The resignation of Ukraine’s Defense Minister sparked protests and was seen as a blow to Ukrainian morale, indirectly affecting perceptions of the conflict’s trajectory and Putin’s hold on power, contributing to market uncertainty about Putin’s future.
Putin backs $26 billion longevity initiative amid health rumors
June 30, 2027 plunges to 16%20%
Putin’s support for a major longevity research project was seen as a response to growing health concerns, attempting to project strength and continuity despite rumors of frailty.
Putin replaces head of Udmurtia Republic after surprise resignation
June 30, 2027 plunges to 18%18%
The sudden resignation of Alexander Brechalov and Putin's direct replacement raised questions about internal political stability and elite cohesion, contributing to market uncertainty about Putin's hold on power and causing dips in odds across multiple outcomes.
Retired Russian General publicly calls for Putin's resignation amid Ukraine conflict
December 31, 2026 jumps to 20%11%
Retired Colonel-General Leonid Ivashov demanded Putin resign or be constitutionally removed due to the ongoing war, a rare public dissent from a high-ranking military figure. This increased market speculation about Putin's political stability, causing a temporary rise in the probability of his removal by year-end.
Kremlin lawyer Ilya Remeslo publicly calls for Putin's resignation
December 31, 2026 rises to 12%3%
Ilya Remeslo, a Kremlin-linked lawyer, denounced Putin as a war criminal and demanded his resignation, signaling rare elite dissent and briefly increasing market uncertainty about Putin's tenure.
Trump and Putin meet in Alaska amid stalled Ukraine peace talks and health rumors
December 31, 2026 dips to 19%1%
The summit ended without a ceasefire or peace deal, but Putin's warm reception on US soil was seen as a political victory reinforcing his stability. Observers noted Putin's limping and leg twitching, fueling health speculation but no official indication of removal, slightly lowering market removal probabilities.
Putin critic convicted on charges preventing parliamentary campaign participation
On July 15, 2026, Boris Nadezhdin, a critic of Putin who attempted to challenge him in the 2024 election, was convicted on charges that barred him from campaigning in the 2026 parliamentary elections. This event highlighted ongoing political repression and internal dissent but did not directly threaten Putin's presidency.
Xi Jinping views Putin as junior partner amid growing China-Russia power imbalance
July 31, 2026 dips to 0%2%
Reports in mid-July 2026 indicated Xi Jinping now sees Putin as a junior partner, reflecting a power imbalance. This perception likely contributed to the market's low odds for Putin's removal by July 31, 2026, which dropped to near zero.
Ukrainian Defense Minister Fedorov steps down amid ongoing conflict
The resignation of Ukraine's Defense Minister Mykhailo Fedorov signaled internal challenges in Ukraine's leadership during the conflict with Russia, indirectly affecting perceptions of Putin's regime stability and influencing market sentiment.
Reports emerge of Putin proposing surrender amid escalating pressures
December 31, 2026 jumps to 22%13%
Reports surfaced that Putin proposed surrender, signaling a major shift in Russia's stance and increasing speculation about his potential removal or resignation. This caused a notable uptick in market pricing for Putin leaving office by the end of 2026.
Kremlin loyalist Ilya Remeslo publicly calls for Putin's resignation and trial
December 31, 2026 jumps to 14%5%
Ilya Remeslo, a longtime Kremlin lawyer, denounced Putin as a war criminal and demanded his resignation, signaling rare elite dissent. This event briefly increased market speculation about Putin's potential removal by the end of 2026.
Putin and Trump meet in Alaska amid health speculation and stalled peace talks
December 31, 2026 dips to 10%1%
During a July 15, 2026 summit in Alaska, Putin met with Trump to discuss Ukraine peace but no deal was reached. Observers noted Putin's limping and leg twitching, fueling health rumors. Despite increased scrutiny, Putin remained in power, and the market did not shift significantly on his removal probability.
Wall Street Journal reports China preparing for regime change in Russia
The report that China is preparing for a possible departure of Putin and building ties with potential future Russian leadership increased market speculation about Putin's political future, contributing to modest price fluctuations.
Russian opposition politician Boris Nadezhdin briefly detained by police
September 30, 2026 dips to 4%3%
The brief detention of opposition figure Boris Nadezhdin, known for opposing Moscow’s military actions in Ukraine, highlighted ongoing repression of dissent but did not signal any immediate threat to Putin’s presidency, maintaining low market odds for his removal.
Putin's frail appearance fuels health rumors amid ongoing war pressures
June 30, 2027 plunges to 20%16%
Putin's frail and rigid public appearances, including at the ASEAN summit, sparked renewed speculation about his health and ability to govern. This contributed to a temporary peak in market odds for his removal as president.
Russian opposition politician Boris Nadezhdin briefly detained by police
Boris Nadezhdin, a known opponent of Moscow’s military actions, was briefly detained, highlighting ongoing political repression. However, this event did not signal any immediate threat to Putin's presidency or cause significant market movement.
Russian police briefly detain Putin critic Boris Nadezhdin ahead of elections
The detention of a prominent Kremlin critic planning to run in parliamentary elections highlighted increasing internal repression and political instability, affecting market views on Putin's grip on power.
Fuel shortages in Russia reach breaking point, raising doubts about Putin’s leadership
December 31, 2026 dips to 9%1%
By mid-July, fuel shortages had caused widespread public frustration and even physical altercations at gas stations, with foreign officials noting increasing doubts among Russian oligarchs about Putin’s ability to maintain control.
Putin vows overwhelming response to Ukrainian attacks
Amid intensified Ukrainian drone strikes on Russian energy infrastructure, Putin promised a strong response, demonstrating his continued active leadership and control over military and political affairs, reducing near-term expectations of his removal.
Retired Russian General publicly calls for Putin's resignation
December 31, 2026 jumps to 20%11%
Retired Colonel-General Leonid Ivashov demanded Putin resign or be constitutionally removed due to the Ukraine conflict, a rare public dissent from a high-ranking military figure that increased market speculation about Putin's political stability.
Kremlin lawyer Ilya Remeslo publicly calls for Putin's resignation
December 31, 2026 rises to 14%3%
A longtime Kremlin insider denounced Putin as a war criminal and demanded his resignation, highlighting cracks within the elite and briefly increasing market speculation about Putin's removal by end 2026.
Prominent Russian blogger Ilya Remeslo detained on suspicion of spreading false information
The detention of a former Putin supporter for dissent highlighted increasing political repression, raising concerns about regime stability and impacting market perceptions of Putin’s tenure.
Poll shows slight decline in Putin’s approval amid fuel shortages
December 31, 2026 dips to 9%4%
A Russian state-owned poll published on July 10 indicated a small drop in Putin’s approval and trust ratings, reflecting growing public dissatisfaction linked to worsening fuel shortages. Despite this, no political moves toward resignation or removal were reported, maintaining market skepticism about his exit.
Russian Border Service suspends passage through Kerch Strait and Azov-Don Canal
June 30, 2027 plunges to 19%17%
On July 10, 2026, Russia's Border Service stopped accepting applications for passage through the Kerch Strait and suspended traffic through the Azov-Don Canal. This move indicated heightened security and internal pressures, contributing to market uncertainty about Putin's political stability.
Russian poll shows Putin's approval and trust ratings decline amid worsening gasoline shortages
December 31, 2026 drops to 9%5%
State polling revealed a drop in Putin's approval and trust ratings, reflecting growing public dissatisfaction linked to economic hardships, which contributed to market price declines for Putin's continued presidency.
Putin’s approval ratings fall sharply amid ongoing war and crises
September 30, 2026 dips to 4%3%
Polling data showed Putin’s approval rating dropped to 66% with trust at 72.3%, reflecting public dissatisfaction amid the war and economic troubles, which increased market speculation about his political future and contributed to price declines.
Poll shows Putin's approval rating falls amid fuel crisis
On July 10, 2026, a Russian state-owned poll indicated Putin's approval rating dropped to 66%, the lowest since the full-scale invasion began, amid worsening gasoline shortages caused by Ukrainian drone strikes on Russian refineries. This reflected growing domestic dissatisfaction and political pressure on Putin.
Putin’s approval and trust ratings continue to decline
June 30, 2027 dips to 17%2%
Polling data from July 10 showed Putin’s trust and approval ratings fell for a second consecutive week, indicating sustained domestic dissatisfaction amid ongoing challenges, which influenced further market price declines for Putin’s continued presidency.
Russia suspends traffic through Kerch Strait and Azov-Don Canal
The Russian Border Service stopped accepting passage applications through key waterways, signaling increased internal security measures and potential political pressure on Putin's administration.
Putin holds firm stance rejecting compromise on Ukraine war during end-of-year Q&A
December 31, 2026 dips to 9%1%
Putin publicly rejected any compromise on the Ukraine conflict, signaling his intent to maintain power and continue the war. This reinforced market skepticism about his imminent removal, contributing to stable or slightly declining probabilities for his exit by the end of 2026.
Polling shows decline in Putin’s approval amid fuel shortages
December 31, 2026 dips to 8%1%
State-owned polls indicated a drop in Putin's approval ratings linked to worsening fuel shortages, contributing to growing public dissatisfaction and a slight decline in market confidence about his continued presidency.
Kerch Strait passage suspended amid rising tensions
September 30, 2026 dips to 4%3%
On July 10, Russian border services stopped accepting applications for passage through the Kerch Strait, signaling increased internal tensions and control measures that raised concerns about political stability.
Russian Border Service suspends passage through Kerch Strait and Azov-Don Canal
On July 10, 2026, Russia's Border Service stopped accepting applications for passage through key waterways, signaling increased internal security measures amid ongoing conflict, which contributed to market uncertainty about Putin's political stability.
Polls show declining approval and trust in Putin amid ongoing war pressures
December 31, 2026 drops to 9%5%
Russian state polling indicated a drop in Putin's approval and trust ratings, reflecting domestic dissatisfaction and weakening political support, which contributed to market declines in Putin's expected tenure.
Russian State Poll Confirms Continued Decline in Putin's Approval Ratings
June 30, 2027 dips to 18%1%
A subsequent poll published on July 10 showed a further decline in Putin's approval and trust ratings. The acknowledgment of growing societal discontent by a state-owned polling center was linked to intensifying gasoline shortages caused by Ukrainian drone strikes.
Russian state poll shows declining approval and trust in Putin
June 30, 2027 plunges to 16%20%
A Russian state-owned poll published on July 10 indicated a continued decline in Putin's approval and trust ratings, reflecting growing public dissatisfaction amid war and economic hardships, which influenced market sentiment on his presidency.
Kerch Strait border service suspends passage applications amid rising tensions
December 31, 2026 dips to 9%2%
On July 10, the Russian Border Service stopped accepting applications for passage through the Kerch Strait and suspended traffic through the Azov-Don Canal, reflecting heightened security concerns. This move indicated ongoing internal and external pressures but did not signal any change in Putin's presidency, contributing to stable or declining market odds for his exit.
Kremlin loyalist Ilya Remeslo forcibly hospitalized after calling for Putin's resignation
December 31, 2026 dips to 11%1%
Following his public denunciation of Putin, Ilya Remeslo was reportedly placed in a psychiatric clinic, indicating Kremlin efforts to suppress dissent and maintain regime stability. This led to a market price decline reflecting reduced immediate risk to Putin's presidency.
Kremlin lawyer Ilya Remeslo publicly calls for Putin's resignation
December 31, 2026 rises to 12%3%
Ilya Remeslo, a Kremlin-linked lawyer, denounced Putin as a war criminal and demanded his resignation, signaling rare elite dissent and briefly increasing market uncertainty about Putin's tenure, causing a rise in the December 31, 2026 outcome price to 12%.
Putin's approval and trust ratings fall for second consecutive week
Polling data showed a continued decline in Putin's approval and trust ratings amid ongoing military and economic challenges. This decline reflected growing public dissatisfaction but did not translate into immediate political change within the market timeframe.
Putin's approval ratings continue to fall amid ongoing military and political pressures
Polling data released on July 10 showed a continued decline in Putin's approval and trust ratings in early July 2026, reflecting growing public dissatisfaction amid military setbacks and political challenges. This contributed to sustained low market confidence in his long-term presidency.
Putin's approval ratings fall for second consecutive week
December 31, 2026 dips to 9%1%
Polling data showed Vladimir Putin's trust and approval ratings declined for two weeks in a row, reflecting growing public dissatisfaction and contributing to market skepticism about his political stability and tenure.
Pro-Kremlin blogger Ilya Remeslo detained and charged with spreading false information
June 30, 2027 plunges to 17%19%
Ilya Remeslo, a former loyalist turned critic of Putin, was arrested and charged with disseminating fake news about the military, signaling intensified government crackdown on dissent. This event highlighted internal opposition but did not indicate any immediate change in Putin's presidency, contributing to a decline in market odds for his removal by June 30, 2027.
Retired Russian General Leonid Ivashov publicly calls for Putin's resignation
December 31, 2026 jumps to 20%10%
Ivashov, head of the All-Russian Officers Assembly, demanded Putin resign or be constitutionally removed due to the Ukraine conflict, a rare public dissent from a high-ranking military figure that increased market speculation and caused a price rise for the December 31, 2026 outcome.
Putin rejects calls to negotiate peace with Kyiv amid escalating drone strikes
December 31, 2026 dips to 9%1%
Putin's refusal to negotiate peace despite increasing Ukrainian attacks reinforced expectations of continued conflict and political pressure, which kept market probabilities for his exit low but present.
Russia's Saratov oil refinery halts production after drone attack
June 30, 2027 plunges to 16%20%
A drone attack forced the shutdown of Russia's largest oil refinery, exacerbating the ongoing fuel crisis and economic pressures on Putin's government, which contributed to market concerns about regime stability.
Russian Foreign Ministry spokeswoman comments on Ukraine crisis amid ongoing conflict
Official statements from the Russian Foreign Ministry highlighted ongoing tensions and casualties in the Ukraine conflict, underscoring the unstable political environment surrounding Putin’s presidency.
Ukrainian forces strike Russian energy infrastructure amid ongoing conflict
December 31, 2026 jumps to 14%5%
Ukrainian long-range strikes targeted Russian oil depots causing fires and exacerbating fuel shortages, increasing internal pressures on Putin's regime and contributing to market speculation about his political future.
Ukrainian drone strikes severely damage Russian oil refineries, worsening fuel crisis
August 31, 2026 dips to 2%4%
Ukrainian forces intensified drone and missile strikes on Russian oil infrastructure, causing refinery shutdowns and fuel shortages across Russia, which heightened political and economic instability affecting Putin's hold on power.
Putin rejects calls to negotiate peace with Kyiv amid ongoing conflict
On July 9, Putin publicly rejected peace negotiations with Ukraine, signaling continued conflict and political resolve, which tempered market expectations of an imminent leadership change.
Putin rejects peace talks despite intensified Ukraine strikes
On July 9, sources close to the Kremlin reported Putin's rejection of peace negotiations with Kyiv despite recent Ukrainian drone strikes on Russian infrastructure. This stance indicated his commitment to remain in power and continue the conflict, keeping market exit odds low.
Ukrainian forces intensify strikes on Russian energy infrastructure causing outages
September 30, 2026 dips to 4%3%
Ukrainian long-range strikes on Russian energy infrastructure intensified around July 9-10, causing widespread power outages in occupied regions and increasing domestic pressure on Putin's government, which contributed to market speculation about his political stability.
Putin publicly acknowledges fuel shortages amid growing public anger
Putin admitted a fuel crisis in Russia as long lines and shortages spread nationwide, marking a rare public admission of weakness and increasing pressure on his leadership.
Putin publicly acknowledges worsening fuel crisis amid public anger
August 31, 2026 dips to 2%4%
Putin's rare public admission of the fuel crisis, caused by Ukrainian strikes and leading to long gas station lines, reflected growing domestic dissatisfaction and contributed to a decline in market confidence about his continued presidency.
Putin holds meeting on fuel crisis after Ukraine’s drone attacks
December 31, 2026 rises to 10%1%
On July 8, 2026, Putin convened a government meeting to address the escalating fuel shortages caused by Ukrainian drone strikes, highlighting the severity of the crisis and its potential impact on his political standing.
Putin forced to acknowledge worsening fuel crisis amid public frustration
August 31, 2026 dips to 1%1%
By early July, fuel shortages in Russia deepened due to ongoing Ukrainian attacks on refineries, leading to rationing and public frustration. Putin publicly admitted the crisis, marking a rare admission of weakness that increased domestic pressure but did not immediately threaten his presidency.
Ukraine delivers final peace proposal warning of regime collapse if rejected
Ukraine presented a final peace proposal to the Kremlin, warning that rejection could lead to regime collapse. This heightened pressure on Putin's government amid military and economic challenges, influencing market perceptions of his political stability and exit probability.
Putin attends Kremlin meeting amid ongoing Ukraine war and NATO tensions
December 31, 2026 dips to 9%1%
On July 7, Putin chaired a Security Council meeting in Moscow as Russia faced military and political challenges. His continued active leadership and public presence maintained market confidence in his presidency, suppressing exit probabilities for all near-term dates.
Russian military officers publicly call for Putin's resignation over Ukraine war
December 31, 2026 dips to 12%2%
Retired military officers, including Colonel-General Leonid Ivashov, criticized Putin's Ukraine strategy and called for his resignation, highlighting growing dissent within the military elite and increasing market doubts about Putin's stability in office.
Putin admits Ukrainian strikes on energy infrastructure create problems
Putin publicly acknowledged the impact of Ukrainian drone strikes on Russian energy infrastructure, signaling vulnerability and contributing to market concerns about regime stability.
Putin holds 90-minute call with Donald Trump amid Ukraine conflict
On July 4, 2026, Vladimir Putin held a lengthy call with Donald Trump, discussing the Ukraine war and upcoming NATO summit. This call was part of Putin's efforts to project strength and maintain political control amid ongoing military and economic challenges, which helped stabilize market sentiment about his presidency.
Putin faces public unrest amid fuel shortages and declining approval
December 31, 2026 dips to 10%3%
Following a major drone strike on Moscow's largest refinery, widespread fuel shortages led to public unrest and a notable drop in Putin's approval ratings, reflecting growing domestic dissatisfaction with his leadership.
Putin visits frontline in military fatigues amid intensified Ukrainian strikes
June 30, 2027 plunges to 18%18%
On July 6, Putin made a rare public appearance at the frontline wearing military fatigues, signaling attempts to project strength despite internal challenges and ongoing Ukrainian drone strikes on Russian infrastructure, which affected market perceptions.
Ukraine intensifies strikes on Russian oil refineries worsening fuel crisis
On July 6, Ukrainian forces struck major Russian oil refineries, including the Slavneft-Yanos refinery, causing significant damage and exacerbating Russia's fuel shortages. This deepening crisis increased domestic pressure on Putin but did not lead to any immediate political change, reflected in continued low market odds for his exit.
Putin faces critical decisions amid NATO meeting and ongoing Ukraine conflict
December 31, 2026 dips to 9%3%
As NATO convened, Putin weighed options in Ukraine and beyond, with Russia facing military pressure and domestic unrest due to fuel shortages. This period saw increased speculation in prediction markets about his potential exit, though no official moves occurred.
Kremlin propagandist Colonel Khodarenok publicly criticizes Putin’s leadership
A rare public critique from a Kremlin-aligned figure signaled internal elite dissatisfaction, contributing to market uncertainty and price volatility regarding Putin’s political future.
Trump holds separate calls with Putin and Zelenskyy amid Ukraine conflict
June 30, 2027 plunges to 19%17%
U.S. President Donald Trump held separate phone calls with Vladimir Putin and Ukrainian President Zelenskyy, discussing the war and potential diplomatic resolutions. This diplomatic activity raised market speculation about possible shifts in Putin's position and the conflict's trajectory.
Putin faces humiliating new setback as Russian economy risks banking crisis
June 30, 2027 plunges to 19%17%
A report highlighted an 'explosive' risk of a banking crisis in Russia due to high bank lending and Western sanctions, exacerbating Putin's domestic challenges and weakening his position.
Ukrainian forces strike major Russian oil refineries, worsening fuel crisis
June 30, 2027 plunges to 16%20%
On July 6, Ukrainian forces struck key Russian oil refineries, including the Slavneft-Yanos refinery, causing significant damage and exacerbating Russia's fuel shortages. This deepening crisis increased domestic pressure on Putin but did not lead to immediate political change, reflected in continued low market odds for his exit.
Anonymous Russian general reports Kremlin expects to seize Donbas by end of 2026
September 30, 2026 dips to 4%3%
An interview with an anonymous Russian general revealed Kremlin optimism about seizing Donbas by the end of 2026, reinforcing Putin's rejection of peace talks and prolonging the conflict, which contributed to market doubts about his political future.
Putin’s approval rating falls amid worsening war and economic conditions
Polls released around July 6 showed a significant drop in Putin’s approval and trust ratings, reflecting growing public dissatisfaction and increasing market speculation about his political stability.
Ukraine drone strike on Moscow oil refinery sparks fuel shortages and public unrest
June 30, 2027 plunges to 16%20%
A drone strike on Moscow's largest oil refinery caused significant fuel shortages, leading to public panic and unrest, which undermined Putin's domestic standing and contributed to market price declines.
Reports of Kremlin infighting and public criticism of Putin emerge
December 31, 2026 rises to 13%4%
Reports surfaced of internal Kremlin faction battles and public calls for Putin's resignation by a Kremlin-linked lawyer, highlighting elite dissatisfaction and increasing market speculation about Putin's potential removal by the end of 2026.
Longtime Kremlin lawyer Ilya Remeslo publicly calls for Putin's resignation
December 31, 2026 rises to 12%3%
Ilya Remeslo, a Kremlin-linked attack lawyer, publicly labeled Putin a 'war criminal and a thief' and demanded his resignation, signaling rare elite dissent. This event caused a minor market reaction reflecting increased internal opposition.
Retired General Ivashov publicly calls for Putin's resignation
December 31, 2026 rises to 12%2%
Retired Colonel-General Leonid Ivashov demanded Putin resign or be constitutionally removed due to the ongoing Ukraine conflict. This rare public dissent from a high-ranking military figure increased market speculation about Putin's political future, causing a rise in the December 31, 2026 outcome price.
Kremlin propagandist publicly criticizes Putin’s leadership amid internal dissent
A blunt TV critique by Kremlin propagandist Colonel Khodarenok signaled growing discontent within Russia’s security elites, increasing market concerns about Putin’s grip on power and contributing to price volatility.
Putin faces humiliating banking crisis amid war pressures
June 30, 2027 plunges to 19%17%
A report warned of an "explosive" risk of a banking crisis in Russia due to high bank lending and Western sanctions, highlighting economic vulnerabilities that undermined confidence in Putin's leadership and influenced market pricing downward.
Ukrainian drone strikes severely disrupt Russian oil refining capacity causing fuel shortages
December 31, 2026 dips to 9%1%
Ukrainian drone attacks on key Russian oil refineries, including the Kapotnya refinery near Moscow, forced shutdowns and caused widespread fuel shortages and rationing across Russia. This crisis led to public frustration and a decline in Putin's approval ratings, increasing market speculation about his political future.
Anonymous bettor places $400,000 wager Putin will be out by end of 2026
December 31, 2026 rises to 12%3%
An anonymous user placed a large bet on Polymarket that Putin would resign or be ousted by December 31, 2026, reflecting heightened market speculation amid ongoing war and domestic unrest. This bet influenced market prices, signaling increased perceived risk of Putin's removal.
Putin publicly acknowledges fuel shortages and energy crisis
Following Ukraine's June 18 drone strike on Moscow's largest refinery, Putin admitted on July 6 that the strikes were causing problems, highlighting economic strain but reaffirming his leadership, which tempered market expectations of his exit.
U.S. President Trump holds calls with Putin and Zelenskyy amid escalating Ukraine conflict
June 30, 2027 plunges to 16%20%
In early July, U.S. President Donald Trump held separate calls with Putin and Zelenskyy, offering to help find a solution to the war. These diplomatic efforts coincided with intensified Ukrainian strikes and contributed to market volatility regarding Putin's presidency.
Putin chairs Security Council meeting amid ongoing Ukraine conflict and NATO summit
On July 1, 2026, Putin chaired a Security Council meeting in Moscow as NATO met in Ankara, highlighting his continued exercise of presidential duties despite military and economic pressures. This reinforced perceptions of his political stability and limited market price increases for his exit.
Kremlin lawyer Ilya Remeslo publicly demands Putin's resignation
December 31, 2026 rises to 12%3%
Ilya Remeslo, a Kremlin-linked attack lawyer, publicly called Putin a war criminal and demanded his resignation, signaling elite dissent. This rare public challenge caused a brief spike in market speculation about Putin's potential removal, especially for the December 31, 2026 outcome.
Anonymous $400,000 bet placed predicting Putin's removal by end of 2026
A large anonymous wager on Polymarket betting that Putin would cease to be president by December 31, 2026, highlighted market speculation about his potential ouster amid ongoing crises, though odds remained low.
Russian missile and drone strikes hit Kyiv amid ongoing war tensions
June 30, 2027 plunges to 19%17%
Russian forces launched missile and drone attacks on Kyiv, killing civilians and escalating conflict. This military pressure contributed to market uncertainty about Putin's ability to maintain control, influencing price movements.
Putin faces critical decision amid fallout from Ukrainian attacks and internal pressures
Following sustained Ukrainian attacks on Russian energy infrastructure and growing domestic unrest, Putin was reported to be weighing options between escalating the war or pursuing peace. This situation highlighted his precarious political position, affecting market sentiment about his potential departure.
Putin and Trump meet in Alaska amid stalled Ukraine peace talks
December 31, 2026 dips to 19%1%
The summit between Putin and Trump ended without a ceasefire or peace agreement on Ukraine, with Putin maintaining his position on territorial demands. The lack of breakthrough reinforced perceptions of Putin’s continued control, slightly lowering market probabilities of his removal.
Ukrainian drones strike Omsk refinery, Russia’s largest, deep inside Siberia
June 30, 2027 plunges to 17%19%
On July 6, Ukrainian drones attacked the Omsk oil refinery, Russia’s largest, located about 2,500 km from Ukraine, marking a significant escalation in Ukraine’s deep-strike capabilities. This attack exacerbated Russia’s fuel crisis and further eroded confidence in Putin’s ability to maintain control.
Putin chairs Security Council meeting amid ongoing Ukraine conflict
June 30, 2027 plunges to 17%19%
Putin chaired a Security Council meeting in Moscow as the war in Ukraine continued with slow Russian advances and Ukrainian resistance. This demonstrated Putin's continued active leadership and control, reducing market expectations of his imminent departure.
Putin faces fuel shortages and declining popularity amid Ukraine strikes
December 31, 2026 dips to 9%1%
Following Ukrainian drone strikes on Russian energy infrastructure, Putin acknowledged fuel shortages and convened emergency meetings. Polls showed a steep decline in his approval rating, reflecting growing domestic challenges and contributing to market doubts about his political stability.
Anonymous bettor wagers $400,000 Putin will be out by end of 2026
An anonymous large bet on Polymarket predicted Putin’s removal or resignation by the end of 2026, reflecting heightened market speculation and influencing odds despite low baseline probabilities.
Putin faces mounting economic and military pressures amid Ukraine conflict
Reports on July 6 highlighted Putin's precarious position due to economic decline, military stagnation, and declining public support, increasing market speculation about his political future but no immediate removal signs.
Putin faces mounting internal and external pressures amid Ukraine conflict
June 30, 2027 drops to 17%6%
Putin gave an interview addressing military and economic challenges, including fuel shortages and ongoing Ukrainian drone attacks on Russian infrastructure. These pressures intensified speculation about his political stability, contributing to further declines in market prices for his continued presidency.
Kremlin loyalist Ilya Remeslo placed in psychiatric clinic after dissent
December 31, 2026 dips to 11%1%
Following his public criticism of Putin, Remeslo was reportedly confined to a psychiatric clinic, indicating Kremlin efforts to suppress dissent and stabilize Putin's regime, which caused a market price decline reflecting reduced immediate risk to Putin's presidency.
Putin holds lengthy phone call with US President Trump discussing Ukraine crisis
June 30, 2027 rises to 18%2%
Putin's extended phone conversation with Trump on July 5 focused on attempts to end the Ukraine conflict, reflecting ongoing diplomatic engagement but no breakthrough, which maintained market uncertainty about Putin's political stability.
Putin makes rare frail public appearance amid ongoing conflict
September 30, 2026 dips to 4%3%
Putin appeared visibly frail during a frontline visit, reinforcing health concerns and raising questions about his capacity to lead during a critical phase of the Ukraine conflict, which further pressured market odds downward.
Trump holds separate calls with Putin and Zelenskyy amid war tensions
U.S. President Donald Trump held separate calls with Vladimir Putin and Ukrainian President Zelenskyy, offering to help find a solution to the war, which briefly influenced market sentiment about potential political changes in Russia.
Putin holds 90-minute phone call with US President Trump discussing Ukraine conflict
June 30, 2027 plunges to 18%18%
On July 5, 2026, Putin and US President Donald Trump held a lengthy phone conversation focusing on the Ukraine war and potential diplomatic resolutions. This diplomatic engagement was seen as a sign of ongoing efforts to manage the conflict without leadership change, contributing to a decline in market odds for Putin's exit by mid-2027.
Putin appears frail in rare frontline visit, fueling health rumors
August 31, 2026 dips to 2%4%
Putin's visibly frail appearance during a frontline visit on July 5 intensified rumors about his health, contributing to market doubts about his ability to continue as president.
Putin holds 90-minute call with Donald Trump discussing Ukraine war
June 30, 2027 plunges to 17%19%
On July 5, Putin engaged in a lengthy call with former US President Donald Trump, who offered assistance to end the Ukraine conflict. This diplomatic engagement suggested Putin's continued active role in international affairs, reinforcing market confidence in his ongoing presidency.
Putin holds lengthy call with Donald Trump discussing Ukraine war
On July 5, Putin and former US President Donald Trump held a nearly 90-minute phone call focusing on the Ukraine conflict and potential diplomatic solutions. This high-profile diplomatic engagement briefly influenced market sentiment but did not indicate any imminent change in Putin’s presidency.
Putin holds 90-minute call with Donald Trump discussing Ukraine war
On July 4, Putin spoke with former US President Donald Trump for nearly 90 minutes, with Trump offering to help end the Ukraine war. This diplomatic engagement was noted but did not signal any change in Putin's presidency, thus having limited impact on market odds for his exit.
Putin and Zelenskyy hold separate calls with former US President Trump
December 31, 2026 dips to 9%1%
Separate calls between Putin and Zelenskyy with Donald Trump underscored ongoing diplomatic efforts and the complex geopolitical environment, maintaining market uncertainty about Putin's political stability.
Putin makes staged frontline visit, claims military advances in Ukraine
June 30, 2027 plunges to 19%17%
Putin’s July 4 visit to a military installation and his public claims of progress in Ukraine were aimed at bolstering his image as a strong leader despite battlefield setbacks. This helped maintain market confidence in his presidency continuing through 2026.
Putin exaggerates Russian military gains in staged meeting to bolster image
On July 3 and 4, Putin and Russian military commanders made exaggerated claims of territorial gains in Ukraine, attempting to create a narrative of success despite battlefield realities. This effort aimed to maintain domestic support but highlighted the disconnect between official statements and facts, influencing market perceptions of Putin's political strength.
Putin visits frontline military installation, vows to take more of Ukraine
On July 4, 2026, Putin made a rare frontline appearance, wearing military fatigues and claiming breakthroughs in Russia's war effort. This was intended to counter narratives of Ukrainian advantage and reinforce his leadership image, supporting market confidence in his presidency.
Putin holds 90-minute call with Donald Trump discussing Ukraine war
On July 4, Putin spoke with former US President Donald Trump for nearly 90 minutes, with Trump offering help to end the Ukraine war. This call occurred amid intensified military efforts and ongoing geopolitical tensions, but did not signal any immediate change in Putin's presidency.
Putin and Trump hold 90-minute call with US offer to help end Ukraine war
December 31, 2026 dips to 9%1%
On July 4, Vladimir Putin spoke with Donald Trump in a lengthy call where Trump offered to help find a solution to the Ukraine war. This event briefly influenced market sentiment about potential political changes in Russia but did not lead to immediate shifts in Putin's status.
Forbes reports on $400,000 bet predicting Putin's ouster by end of 2026
Media coverage of the large prediction market bet brought attention to the possibility of Putin's removal, potentially influencing public and market perceptions. However, no official developments occurred to confirm this outcome.
Anonymous bettor places $400,000 wager on Putin's removal by year-end
December 31, 2026 rises to 12%3%
An anonymous account on Polymarket placed a large bet predicting Putin would no longer be president by the end of 2026, signaling increased market speculation and perceived risk of his exit despite constitutional protections and no official resignation.
Putin and Trump hold 90-minute call amid Ukraine conflict and NATO summit
June 30, 2027 plunges to 16%20%
On July 4, 2026, Putin and Trump held a lengthy call discussing the Ukraine war and potential diplomatic resolutions. While this did not directly affect Putin's presidency, it reflected ongoing international diplomatic activity amid the conflict, maintaining market uncertainty.
Putin and Trump hold 90-minute call discussing Ukraine war resolution
Russian President Putin and U.S. President Donald Trump held a lengthy call in which Trump offered assistance to end the Ukraine conflict, briefly raising hopes for diplomatic progress but with no immediate impact on Putin's presidency status.
Putin and former US President Trump hold 90-minute call discussing Ukraine war
The diplomatic engagement between Putin and Trump was noted as significant but did not indicate any immediate change in Putin’s presidency, thus having limited impact on market odds for his exit.
Putin’s approval rating plunges to lowest since Ukraine war began
A poll released on July 3 showed Putin’s approval rating dropped sharply to 66.9%, the steepest decline since the war started, reflecting growing public dissatisfaction amid fuel shortages and military setbacks. This decline contributed to market skepticism about Putin’s continued presidency.
Putin's approval rating falls sharply amid fuel crisis and war setbacks
A poll published on July 3 showed Putin's approval rating dropped by 3.5% to 66.9%, the steepest decline since 2022, reflecting growing public dissatisfaction amid economic and military challenges. This decline influenced market perceptions of Putin's political stability.
Putin and Trump hold 90-minute call discussing Ukraine war
On July 3, Putin spoke with former US President Donald Trump for nearly 90 minutes, with Trump offering to help end the Ukraine war, reflecting ongoing diplomatic engagement but no indication of Putin's removal, affecting market sentiment.
Anonymous bettor wagers nearly $500,000 Putin will be out by end of 2026
December 31, 2026 rises to 10%1%
An anonymous Polymarket trader placed a massive bet backing Putin's removal by December 31, 2026, signaling strong market interest and belief in a possible regime change despite low odds. This bet influenced market prices and drew media attention.
Putin dismisses fuel shortages amid intensified Ukraine conflict
December 31, 2026 dips to 9%1%
On July 3, Putin publicly downplayed fuel shortages in Russia despite ongoing Ukrainian drone strikes on oil refineries, signaling his intent to continue the conflict. This reinforced perceptions of his political resilience, contributing to low market odds for his exit in the near term.
Putin claims Russian forces seized Kostyantynivka despite contrary evidence
December 31, 2026 dips to 11%1%
Putin's public claim of military success in Kostyantynivka was contradicted by Ukrainian sources, highlighting the gap between official statements and reality, which contributed to declining approval ratings and market skepticism about his leadership.
Anonymous $400,000 bet on Polymarket that Putin will be out by end of 2026
December 31, 2026 rises to 10%1%
An anonymous trader placed a large $400,000 wager on Polymarket predicting Putin's removal or resignation by December 31, 2026. This high-stakes bet reflected growing market interest and speculation about Putin's potential exit, influencing market prices across all timeframes.
Putin holds military meeting amid worsening fuel shortages and war challenges
June 30, 2027 plunges to 17%19%
On July 3, Putin staged a meeting with military commanders amid reports of fuel shortages and stalled advances in Ukraine. This public display of control and ongoing leadership helped reassure markets about his grip on power, contributing to a decline in removal probabilities for later dates.
Putin publicly acknowledges Russia's gasoline crisis amid Ukrainian strikes
December 31, 2026 rises to 10%1%
Putin admitted to a fuel shortage crisis caused by Ukrainian drone attacks on oil refineries, which led to rationing and public frustration, increasing political pressure and market speculation about his stability.
Anonymous bettor places nearly $500,000 wager on Putin leaving office by end of 2026
An anonymous user on Polymarket placed a large bet that Putin would no longer be president by December 31, 2026, reflecting increased market speculation about a possible regime change amid ongoing crises in Russia.
Anonymous trader bets nearly $500K Putin will leave presidency by end of 2026
On July 3, 2026, an anonymous Polymarket trader purchased over 3.65 million shares betting on Putin's exit by December 31, 2026, signaling increased market speculation and attention on Putin's political future despite low odds.
Putin shrugs off severe fuel shortages amid escalating attacks on Russian oil refineries
June 30, 2027 plunges to 16%20%
Despite Ukraine's intensified strikes causing a fuel crisis and refinery damage, Putin dismissed the shortages as "not critical" and vowed to continue the war, signaling resilience and maintaining his grip on power, which tempered market expectations of his imminent removal.
Anonymous trader places nearly $500K bet on Putin leaving office by end of 2026
December 31, 2026 jumps to 14%5%
A large wager on the prediction market increased attention and speculation about Putin's potential removal, briefly raising market probabilities for his exit by December 31, 2026.
Putin appears frail amid growing health concerns
June 30, 2027 plunges to 19%17%
In early July 2026, Putin's public appearances showed signs of frailty, including slurred speech and physical difficulties, fueling speculation about his health and contributing to market speculation about his potential removal.
Anonymous trader wagers nearly $500K on Putin leaving presidency by end of 2026
December 31, 2026 dips to 11%2%
A large bet by an anonymous trader on Polymarket increased market attention and liquidity, reflecting heightened speculation about Putin's potential departure before December 31, 2026.
Putin holds meeting with generals at front line to project strength
On July 3, 2026, the Kremlin released footage of Putin meeting with military generals near the front line, wearing fatigues to suggest active command. This was a political move to reinforce his control amid ongoing military difficulties, stabilizing market sentiment about his presidency.
Putin claims Russian forces seized Kostyantynivka amid ongoing war challenges
September 30, 2026 dips to 4%3%
Putin publicly claimed a military victory in Kostyantynivka despite evidence to the contrary, attempting to project strength amid declining approval ratings and fuel shortages. This effort aimed to maintain his image and political stability, dampening market expectations of his removal.
Putin’s approval rating sharply declines amid military setbacks and internal criticism
September 30, 2026 dips to 4%3%
Polls showed Putin’s approval rating fell by 3.5% to 66.9% and trust by 3.4% to 73.3%, the steepest decline since 2022, reflecting growing public dissatisfaction and elite unease. This decline contributed to falling market confidence in Putin’s continued presidency.
Putin’s approval rating drops sharply amid military setbacks and economic strain
December 31, 2026 rises to 14%4%
A poll published on July 3 showed Putin’s approval rating dropped by 3.5% to 66.9% and trust by 3.4% to 73.3% between June 22 and 28, marking the steepest decline since 2022. This reflected growing public dissatisfaction amid the war and economic difficulties, contributing to increased market speculation about his political future.
Poll Shows Steepest Drop in Putin's Approval Rating Since Start of War
June 30, 2027 plunges to 17%19%
State pollster VTsIOM published results showing Putin's approval and trust ratings suffered their sharpest weekly decline since February 2022, reflecting public frustration over fuel shortages.
Anonymous trader places $400,000 bet on Putin leaving office by end of 2026
December 31, 2026 rises to 12%3%
A large anonymous wager on Polymarket predicting Putin would no longer be president by the end of 2026 increased market attention and speculation about his potential removal, impacting prices despite no official announcements.
Putin approval rating drops sharply after Ukrainian drone campaign
July 31, 2026 drops to 0%9%
Putin's approval rating fell by 3.5 percent to 66.9 percent in late June 2026 after weeks of steady decline, marking the steepest decline since at least February 2022, which significantly impacted market confidence in his leadership.
Retired General Leonid Ivashov renews public call for Putin's resignation
December 31, 2026 rises to 13%3%
Retired Colonel-General Leonid Ivashov, head of the All-Russian Officers Assembly, publicly criticized Putin's Ukraine war policy and called for his resignation, marking a rare and significant dissent from a high-ranking military figure. This event increased market speculation about Putin's political vulnerability, causing a temporary rise in the probability of his exit by December 31, 2026.
Anonymous gambler places large bets on Putin losing power by end of 2026
December 31, 2026 jumps to 14%5%
An anonymous trader wagered nearly $500,000 on prediction markets that Putin would no longer be president by the end of 2026, reflecting increased market speculation about his potential ousting despite low official probabilities.
Putin’s approval rating sharply falls amid fuel crisis and war setbacks
A poll showed Putin’s approval rating dropped by 3.5% to 66.9% in late June 2026, reflecting growing public dissatisfaction due to economic and military pressures, which contributed to market uncertainty about his presidency.
Putin shrugs off fuel shortages as he ramps up attacks on Ukraine
December 31, 2026 dips to 13%1%
Despite domestic fuel shortages and economic difficulties, Putin dismissed the crisis and intensified military actions in Ukraine, signaling no intention to step down or change leadership. This stance contributed to market confidence in his continued presidency.
Anonymous bettor places $400,000 wager Putin will be out by end of 2026
December 31, 2026 rises to 12%3%
A mysterious user on Polymarket placed a $400,000 bet predicting Putin will cease to be president by December 31, 2026. This large wager attracted market attention and reflected increased speculation about Putin's political future amid ongoing war and internal pressures.
Putin claims Russian forces seized Kostyantynivka amid battlefield setbacks
Putin's July 3 claim of military success contrasted with evidence of limited advances and declining approval ratings, reflecting political pressure and contributing to market uncertainty about his tenure.
Putin's approval rating sharply declines amid military setbacks
August 31, 2026 dips to 2%4%
Polls showed a significant drop in Putin's approval and trust ratings following military failures and worsening domestic conditions, reflecting growing public dissatisfaction and political vulnerability.
Putin’s approval rating falls sharply amid military setbacks
June 30, 2027 plunges to 17%19%
A poll published on July 3 showed Putin’s approval rating dropped by 3.5% to 66.9% and trust fell by 3.4% to 73.3% between June 22 and 28, reflecting increased public discontent and contributing to a decline in market odds for Putin remaining president.
Putin's approval rating falls sharply amid military setbacks
September 30, 2026 dips to 4%3%
Polls showed a significant decline in Putin's approval and trust ratings in late June and early July 2026, reflecting growing public dissatisfaction and weakening political support, which influenced market perceptions of his political stability.
State Poll Shows Steepest Decline in Putin's Trust and Approval Ratings Since 2022
June 30, 2027 plunges to 18%18%
A poll published by the state-owned VTsIOM showed Putin's approval rating falling by 3.5 percent and trust falling by 3.4 percent. This marked the steepest decline in his trust rating in over four years, reflecting growing societal discontent amid domestic fuel shortages.
Anonymous bettor places $400,000 wager on Putin leaving office by end of 2026
December 31, 2026 rises to 12%3%
On July 2, 2026, a large anonymous bet on Polymarket predicted Putin would cease to be president by year-end, reflecting increased market speculation and uncertainty about his tenure.
Anonymous $400,000 bet placed on Putin leaving office by end of 2026
December 31, 2026 rises to 10%1%
A large anonymous wager on Polymarket predicted Putin would cease to be president by December 31, 2026, reflecting growing market speculation and possibly insider knowledge about Putin's political future amid ongoing pressures.
Fuel crisis deepens in Russia amid Ukrainian drone attacks
December 31, 2026 jumps to 14%5%
In early July 2026, Ukraine's drone attacks on Russian oil refineries caused fuel shortages and long lines at gas stations, exacerbating public frustration and political pressure on Putin's regime, which influenced market perceptions of his stability.
Cryptocurrency bettors increase wagers on Putin's exit amid Ukraine offensive
December 31, 2026 rises to 10%1%
On July 2, 2026, cryptocurrency bettors increased wagers on Vladimir Putin ceasing to be president by the end of 2026, driven by intensified Ukrainian military offensives. This surge in betting volume reflected growing market interest and perceived risk to Putin's tenure.
Ukrainian President Zelensky links Russian attacks to upcoming State Duma elections
September 30, 2026 dips to 4%3%
Ukrainian President Zelensky stated that Russian strikes on Ukrainian cities are partly aimed at rallying support for the United Russia party ahead of the September 2026 State Duma elections. This highlighted Putin's political strategy to consolidate power, reinforcing market expectations of his continued presidency through 2026.
Anonymous bettor wagers $400,000 on Putin leaving office by end of 2026
December 31, 2026 rises to 10%1%
An anonymous user placed a large bet on Polymarket predicting Vladimir Putin would no longer be president by December 31, 2026, reflecting increased market interest amid ongoing conflict and political uncertainty in Russia.
Anonymous Polymarket user places $400,000 bet on Putin leaving office by end of 2026
December 31, 2026 rises to 10%1%
An anonymous user on the Polymarket prediction market placed a large wager predicting that Vladimir Putin would no longer be President of Russia by December 31, 2026. This high-stakes bet increased market attention and speculation about Putin's potential exit, influencing price movements in the market.
Anonymous Polymarket user places $410,000 bet on Putin's ouster by end of 2026
December 31, 2026 rises to 12%3%
An anonymous bettor placed a large wager on Polymarket predicting Vladimir Putin would no longer be president by December 31, 2026. This high-stakes bet drew market attention and speculation, causing increased trading volume and influencing price movements toward a higher probability of Putin's exit.
Anonymous Polymarket user places nearly $500,000 bet on Putin leaving office by end of 2026
An anonymous trader on Polymarket wagered nearly half a million dollars that Putin would cease to be president by December 31, 2026, significantly increasing market attention and influencing price movements across all timeframes.
Russia Launches Massive Retaliatory Missile and Drone Attack on Kyiv
December 31, 2026 dips to 12%2%
Russia launched an exceptionally deadly 11-hour bombardment on Kyiv, killing at least 22 people, in what Moscow declared was direct retaliation for Ukrainian strikes on Russian oil facilities.
Anonymous Polymarket user places nearly $500,000 bet on Putin leaving office by end of 2026
An anonymous trader made a large wager on a prediction market that Putin would cease to be president by December 31, 2026, signaling increased market attention and belief in a possible political disruption within the year.
Fuel shortages worsen in Russia as officials ration supplies amid Ukrainian strikes
By early July 2026, fuel shortages in Russia deepened due to ongoing Ukrainian attacks on refineries, leading to rationing and public frustration. This crisis increased domestic pressure on Putin's administration but did not translate into credible threats to his presidency within the market's timeframe.
Large Polymarket Bets Placed on Vladimir Putin's Downfall by End of 2026
December 31, 2026 rises to 14%1%
A newly created prediction market account placed massive wagers on Polymarket predicting Putin would be out of office by December 31, 2026, driving up the implied probability of his exit.
Russia buys gasoline from India to tackle shortages amid fuel crisis
December 31, 2026 dips to 11%1%
Russia's purchase of gasoline from India underscored the severity of domestic fuel shortages caused by Ukraine's strikes, reflecting economic strain that contributed to market concerns about Putin's political future.
$370,000 wager placed on Putin leaving office by end of 2026 on Polymarket
December 31, 2026 rises to 12%3%
A large bet of $370,000 was placed on Polymarket that Putin would leave office by the end of 2026, reflecting growing market interest and speculation about his political future amid ongoing tensions.
Anonymous trader places $400,000 bet on Putin's removal by end of 2026
December 31, 2026 rises to 12%2%
An anonymous Polymarket trader named 'ZnotluvuiSamez' placed a large bet predicting Putin would no longer be president by December 31, 2026. This high-profile wager attracted media attention and increased market focus on the possibility of Putin's removal, impacting market prices.
Russian veteran Aleksandr Lunin jailed after viral video warning of army mutiny
June 30, 2027 plunges to 17%19%
Aleksandr Lunin, a Russian military veteran, warned of potential mutiny within the Russian army and criticized Putin, reflecting internal dissent. His detention underscored growing elite dissatisfaction, which influenced market perceptions of Putin's political stability.
Putin chairs Security Council meeting amid military and economic pressures
On July 1, Putin chaired a Security Council meeting in Moscow, demonstrating continued exercise of presidential authority amid ongoing military and economic challenges. This event showed Putin's active leadership, reducing fears of immediate political instability and contributing to a decline in market prices for his exit by the end of 2026.
Fuel shortages trigger political crisis for Putin amid Ukrainian drone strikes
December 31, 2026 dips to 9%1%
Widespread fuel shortages across Russia, caused by intensified Ukrainian drone strikes on refineries, created a political challenge for Putin. The crisis led to rationing and public discontent, increasing pressure on Putin's regime and negatively impacting market confidence in his continued presidency.
Putin chairs emergency Security Council meeting amid worsening war situation
July 31, 2026 drops to 0%9%
Putin chaired an emergency meeting at the weekend to address the deteriorating military situation, signaling potential instability in his leadership amid ongoing battlefield challenges.
Putin chairs Security Council meeting amid military and economic pressures
August 31, 2026 dips to 2%4%
Putin's active role in chairing a Security Council meeting demonstrated his continued exercise of presidential authority, reinforcing perceptions of his control and reducing market speculation about imminent departure.
Large $400,000 bet placed on Putin leaving office by end of 2026
An anonymous bettor placed a $400,000 wager on Polymarket predicting Vladimir Putin would no longer be president by the end of 2026, signaling increased market interest and speculation about his potential removal despite no official announcements.
Putin attends farewell ceremony for former defence minister Sergei Ivanov
Putin's public attendance at the funeral of Sergei Ivanov, a long-time ally and potential successor who died on June 26, highlighted the loss of key Kremlin figures and fueled speculation about succession and Putin's future.
Putin attends farewell ceremony for former defence minister Sergei Ivanov
Putin's attendance at Ivanov's funeral on July 1 highlighted the loss of a key ally and potential successor, renewing speculation about succession and Putin's political future, influencing market sentiment.
Putin attends farewell ceremony for former defence minister Sergei Ivanov
September 30, 2026 dips to 4%3%
Putin’s attendance at the funeral of Sergei Ivanov, a long-time ally and potential successor who died suddenly, intensified speculation about succession and Putin’s future, impacting market sentiment.
Kremlin lawyer Ilya Remeslo publicly calls for Putin's resignation
December 31, 2026 rises to 12%3%
Ilya Remeslo, a Kremlin-linked lawyer, publicly denounced Vladimir Putin as a war criminal and demanded his resignation, signaling rare elite dissent. This event briefly increased market uncertainty about Putin's tenure, causing a rise in the December 31, 2026 market price.
Putin chairs Security Council meeting amid ongoing Ukraine conflict and NATO summit
Putin chaired a Security Council meeting in Moscow on July 1, demonstrating continued exercise of presidential authority despite military and economic pressures. This reinforced perceptions of his political stability and limited market price increases for his exit.
Newcomer places large bet on Putin's exit by end of 2026 on Polymarket
December 31, 2026 jumps to 14%5%
A new account placed significant wagers on Polymarket predicting Putin would be out of power by the end of 2026, reflecting increased market interest and speculation. This contributed to a temporary rise in the December 31, 2026 outcome price.
Putin attends funeral of former defence minister Sergei Ivanov
Putin's attendance at Ivanov's funeral underscored the loss of a key ally and potential successor, maintaining public appearances but not alleviating succession uncertainties.
Fuel shortages in Russia trigger political challenges for Putin amid Ukrainian drone strikes
December 31, 2026 jumps to 14%5%
Ukrainian drone attacks on Russian oil refineries caused significant fuel shortages across Russia, leading to social unrest and political pressure on Putin. This crisis highlighted vulnerabilities in Putin's regime but did not lead to immediate changes in his presidency, causing some market uncertainty.
Fuel shortages across Russia trigger political challenges for Putin
A relentless Ukrainian drone campaign caused fuel shortages in Russia, leading to rationing and social unrest, which posed a political challenge to Putin's regime and increased uncertainty about his hold on power.
Putin attends farewell ceremony for former defence minister Sergei Ivanov
June 30, 2027 plunges to 16%20%
Putin's public attendance at the ceremony demonstrated his continued exercise of presidential duties, reinforcing market confidence in his ongoing leadership through mid-2026.
Large anonymous bet placed on Polymarket predicting Putin's exit by end of 2026
December 31, 2026 jumps to 14%5%
A newcomer to the Polymarket prediction market placed a large wager that Putin would no longer be President by the end of 2026, increasing market attention and speculation about his potential exit, influencing price movements.
Dozens of Moscow and St. Petersburg deputies call for Putin’s resignation
December 31, 2026 dips to 9%1%
An open letter signed by municipal deputies publicly demanded Putin's resignation, signaling growing domestic political dissent. However, this did not translate into immediate political change or significant market movement, indicating limited impact on Putin’s hold on power.
Putin and Trump hold 90-minute call ahead of NATO summit amid Ukraine conflict
December 31, 2026 dips to 10%3%
Putin's call with Trump, where the US leader offered help to end the Ukraine war, underscored ongoing geopolitical tensions but did not indicate any imminent change in Putin's presidency, keeping market odds stable.
Putin attends funeral of former defence minister Sergei Ivanov
June 30, 2027 plunges to 19%17%
Putin's public appearance at the funeral of a prominent former defence minister was a notable event during a period of political uncertainty, reinforcing his continued presence in state affairs despite growing challenges.
Anonymous bettor places $400,000 wager predicting Putin's ouster by end of 2026
December 31, 2026 rises to 10%1%
A massive anonymous bet on Polymarket predicted Putin would cease to be president by December 31, 2026, reflecting growing market skepticism and speculation about his political future amid ongoing crises.
Forbes reports on $490K Polymarket bet predicting Putin's ouster by end of 2026
December 31, 2026 rises to 12%3%
Media coverage of a large prediction market bet brought attention to the possibility of Putin's removal, influencing public and market perceptions and causing a modest increase in the probability of his exit by December 31, 2026.
Forbes reports Putin approaching downfall amid political instability
December 31, 2026 rises to 14%4%
Forbes published analysis suggesting Putin is nearing a downfall due to internal political challenges and the ongoing war, contributing to increased market speculation about his potential exit before the end of 2026.
Ukrainian oligarch Vadim Yermolaev killed in Monaco terrorist attack
June 30, 2027 plunges to 19%17%
The assassination of Yermolaev, who was under sanctions and had conflicts with Zelensky's team, signaled heightened instability within elite networks influencing Russian power, contributing to market fears about Putin's political fragility.
Ukrainian oligarch Vadim Yermolaev killed in Monaco terrorist attack
The assassination of Vadim Yermolaev, who had conflicts with Zelenskyy's team and was under sanctions, signaled heightened instability among elite networks influencing Russian power, contributing to increased market uncertainty about Putin's political future by year-end.
Russian government closes several railway border crossings with Baltic states and Finland
August 31, 2026 dips to 2%4%
The closure of border crossings with Latvia, Estonia, and Finland signaled tightening internal controls amid growing external pressures, reflecting a government preparing for instability, which influenced market perceptions of Putin's hold on power.
Chinese leader Xi Jinping issues stern ultimatum to Putin, increasing pressure on Moscow
December 31, 2026 dips to 8%1%
On June 30, Chinese leader Xi Jinping reportedly delivered a stern ultimatum to Putin, signaling a shift from neutrality to direct pressure. This development alarmed markets and traders, reflecting in a decline in the probability of Putin remaining president by the end of 2026.
Ukrainian long-range strikes hit Dubna space communications center near Moscow
The strike on a key facility coordinating Russian occupation forces signaled Ukraine's increasing reach and put additional pressure on Putin's regime, contributing to bearish market sentiment about his presidency.
Putin's approval rating falls sharply amid military setbacks and fuel crisis
Polling showed Putin's approval rating dropped to 66.9% by late June 2026, reflecting growing domestic discontent amid military failures and a worsening fuel crisis, which contributed to market doubts about his political stability.
Forbes reports Putin approaching political downfall amid war pressures
December 31, 2026 rises to 13%4%
Forbes published an analysis suggesting Vladimir Putin's political position was weakening due to military failures and internal pressures, contributing to increased market speculation about his potential exit.
Russian government closes several railway border crossings with Baltic states and Finland
December 31, 2026 rises to 13%4%
On June 30, 2026, Russia temporarily closed multiple railway border crossings with Latvia, Finland, and Estonia, reflecting heightened geopolitical tensions and internal pressures that contributed to market uncertainty about Putin's future.
Russian veteran Alexander Lunin detained after warning of military mutiny
December 31, 2026 jumps to 14%5%
Alexander Lunin, a former volunteer fighter, publicly warned of possible military mutiny if Putin did not meet with him to address soldier abuses. His detention underscored rare public dissent within military ranks, increasing speculation about Putin's political stability and causing a rise in market prices for his exit by year-end.
President Zelensky states Putin set 15 deadlines for capturing Donetsk region since war began
December 31, 2026 rises to 12%3%
Ukrainian President Zelensky highlighted Putin's repeated deadlines for capturing Donetsk, with the latest set for December 31, 2026, aligning with the market's expiry date and influencing traders' perceptions of Putin's political stability.
Putin sets new deadline to capture Donbas by December 31, 2026
December 31, 2026 rises to 10%1%
President Zelensky stated that Putin has set multiple deadlines for capturing Donetsk, with the latest being December 31, 2026, aligning with the market's expiry date and signaling potential pressure on Putin's leadership and stability.
Putin rejects calls to negotiate peace amid fuel shortages
President Putin publicly rejected peace negotiations with Kyiv despite Ukraine's intensified drone strikes on Russian oil refineries, which caused fuel shortages and political strain. This hardened stance amid military and economic pressures influenced market perceptions of his tenure's stability.
Ukrainian President Zelensky sets December 31, 2026 deadline for Donetsk capture
December 31, 2026 jumps to 16%7%
President Zelensky's announcement of a December 31, 2026 deadline for capturing the Donetsk region heightened geopolitical tensions and uncertainty about Putin's political future, directly aligning with the market's December 31, 2026 outcome and influencing odds.
Serbian President announces resignation plan, influencing political betting markets
December 31, 2026 rises to 12%3%
Serbian President Aleksandar Vucic's resignation announcement increased geopolitical uncertainty, leading to a slight rise in market odds that Putin would leave office by the end of 2026.
Zelensky highlights Putin's repeated failed deadlines for Donetsk capture
Ukrainian President Zelensky stated that Putin had set 15 deadlines for capturing Donetsk since the war began, with the latest deadline aligning with the market expiry date, underscoring Putin's faltering military campaign and political vulnerability.
President Zelenskyy states Putin's 15th deadline to capture Donetsk region by December 31, 2026
Ukrainian President Zelenskyy highlighted Putin's repeated failed deadlines to capture Donetsk, with the latest set for December 31, 2026, directly aligning with the market's expiry date and signaling Putin's political survival tied to military success. This increased market attention on the December 31, 2026 outcome.
Anonymous trader places $490,000 bet on Putin leaving office by end of 2026
December 31, 2026 rises to 12%3%
A large wager on Polymarket by an anonymous trader increased market attention and speculation about Putin's potential removal, reflecting heightened uncertainty despite no official developments.
Chinese leader Xi Jinping pressures Putin in personal phone call
December 31, 2026 jumps to 14%5%
Chinese leader Xi Jinping delivered a stern ultimatum to Putin, marking a shift from neutrality to direct pressure on Moscow. As China is Russia's primary economic lifeline, this increased pressure was seen as a bearish signal for Putin's longevity, influencing market expectations for his removal.
President Zelensky sets new deadline for Donetsk capture by end of 2026
December 31, 2026 rises to 13%4%
Ukrainian President Zelensky announced a new military objective to seize the Donetsk region by December 31, 2026, increasing geopolitical tensions and impacting market perceptions of Putin's political stability.
Zelensky states Putin demands capture of Donbas by December 31, 2026
December 31, 2026 rises to 12%3%
Ukrainian President Zelensky's statement that Putin set a deadline for capturing Donbas intensified geopolitical tensions and contributed to market speculation about Putin's political survival.
Putin addresses United Russia party amid signs of political instability
December 31, 2026 rises to 13%1%
Putin's speech at the United Russia party congress used 'fateful' language ahead of the September elections, signaling internal pressures and potential challenges to his leadership, which influenced market perceptions of his political longevity.
Putin admits fuel shortages caused by Ukrainian drone strikes
December 31, 2026 rises to 13%4%
Putin publicly acknowledged that Ukrainian attacks on Russian energy infrastructure were creating problems, highlighting growing domestic challenges. This admission contributed to increased market speculation about Putin's political stability, slightly raising the probability of his removal by year-end.
Putin calls moment 'fateful' ahead of September State Duma elections
December 31, 2026 dips to 9%4%
Putin's speech at the United Russia party congress on June 29, 2026, used language suggesting instability within his power base ahead of the September 20 State Duma elections. This raised concerns about potential leadership challenges, influencing market perceptions of his political vulnerability.
Putin publicly acknowledges Ukrainian drone strikes causing fuel shortages in Russia
December 31, 2026 rises to 13%4%
Putin admitted that Ukrainian drone and missile strikes on Russian energy infrastructure were causing fuel shortages and rationing, highlighting domestic strain and increasing public frustration. This admission raised speculation about his political stability and contributed to a temporary increase in market odds for his exit by the end of 2026.
Putin sets 15 deadlines for capturing Donetsk region, signaling pressure
President Zelensky stated that Putin has set 15 deadlines for capturing the Donetsk region, with the latest demand to seize Donbas by December 31, 2026. This aggressive military timeline suggested increasing pressure on Putin's leadership and contributed to market speculation about his potential removal.
Super-yacht linked to Vladimir Putin spotted sailing toward Istanbul
December 31, 2026 rises to 12%3%
A super-yacht reportedly linked to Vladimir Putin was seen sailing past Denmark toward Istanbul, accompanied by Russian naval vessels, raising speculation about Putin's movements and fueling market speculation about his political future.
Putin acknowledges fuel shortages amid Ukrainian drone strikes
December 31, 2026 rises to 10%1%
Russian President Vladimir Putin publicly acknowledged fuel shortages caused by Ukrainian drone attacks on refineries, signaling growing domestic economic pressure. This admission increased market speculation about Putin's political stability, contributing to a slight rise in probabilities for his exit by later dates.
Putin acknowledges Ukrainian strikes causing fuel shortages in Russia
On June 29, 2026, Vladimir Putin publicly admitted that Ukrainian drone and missile strikes on Russian energy infrastructure were creating problems, signaling a worsening fuel crisis that contributed to political instability and increased speculation about his presidency's longevity.
Putin addresses United Russia party congress, signaling instability
September 30, 2026 dips to 4%3%
Putin's June 29 speech at the United Russia party congress described the moment as 'fateful' ahead of the September 20 State Duma elections, suggesting internal political instability. This raised concerns about his grip on power and contributed to market uncertainty.
Serbian President Aleksandar Vucic announces planned resignation
December 31, 2026 rises to 12%3%
Serbian President Vucic's announcement of his planned resignation influenced political betting markets, slightly increasing the odds of Putin leaving office by the end of 2026 amid rising geopolitical uncertainty.
Putin sets up task force to address fuel shortages amid ongoing Ukrainian strikes
December 31, 2026 dips to 9%4%
Following his admission of fuel shortages, Putin announced the establishment of a task force to ensure sufficient fuel supplies across Russia, signaling the Kremlin's response to the crisis. This move reassured markets about his political stability, limiting further upward price movement for his exit probabilities.
Putin admits Ukrainian drone strikes causing fuel shortages in Russia
December 31, 2026 rises to 10%1%
Putin publicly acknowledged on June 29 that Ukrainian drone attacks were causing significant fuel shortages, creating a political crisis and undermining public confidence in his leadership, which influenced market perceptions of his stability.
Putin and military commanders exaggerate territorial gains in Ukraine
June 30, 2027 plunges to 17%19%
On June 29, Putin and Russian military officials made inflated claims of territorial advances in Ukraine, attempting to bolster domestic support despite battlefield setbacks, influencing market perceptions of his political stability.
Putin publicly supports ruling party ahead of September elections
December 31, 2026 dips to 12%2%
On June 29, 2026, Putin spoke at a party convention in Moscow, endorsing the electoral process as a test of strength for the political system. This reinforced expectations that the September 2026 State Duma elections would maintain the current power balance, reducing near-term chances of leadership change.
Putin meets with Human Rights Commissioner Yana Lantratova at Kremlin
Putin's meeting with the new Human Rights Commissioner demonstrated ongoing governance and control, signaling no disruption in his presidency during the analysis window.
Putin chairs Security Council meeting amid ongoing war and domestic challenges
August 31, 2026 dips to 2%4%
On June 29, 2026, Vladimir Putin chaired a Security Council meeting in Moscow, demonstrating his continued exercise of presidential authority despite military and economic pressures. This reinforced market perceptions of his ongoing control, causing a dip in the August 31, 2026 market price.
Putin admits Russia facing fuel shortages amid Ukrainian drone strikes
December 31, 2026 jumps to 14%5%
Putin publicly acknowledged fuel shortages caused by Ukrainian drone attacks on Russian infrastructure, signaling domestic challenges and weakening his position. This admission contributed to increased market speculation about his potential removal.
United Russia declares itself 'party of the president' for first time since 2007
Ahead of the September parliamentary elections, United Russia unveiled campaign materials explicitly linking the party to Putin, signaling consolidation of his political base amid growing war fatigue and public discontent. This move reinforced Putin's control and reduced prospects for leadership change in the near term.
Ukrainian President Zelensky states Putin set 15 deadlines for Donetsk capture
December 31, 2026 rises to 13%3%
Zelensky's statement about Putin's repeated military deadlines, including a new demand to seize Donbas by December 31, 2026, aligned with the market expiry date and increased speculation about Putin's political future.
Zelensky sets December 31, 2026 deadline for Donetsk capture
On June 29, 2026, Ukrainian President Zelensky stated that Putin had set 15 deadlines for capturing Donetsk, with the latest being December 31, 2026. This deadline aligned with market expiry dates and added geopolitical pressure on Putin's presidency, affecting trader sentiment.
President Zelensky sets deadline for Donetsk capture by December 31, 2026
Ukrainian President Zelensky announced a new deadline for capturing the Donetsk region by December 31, 2026, aligning with the prediction market's expiry date and increasing speculation about Putin's political future. This announcement contributed to shifts in market odds for Putin leaving office by the end of 2026.
Putin ties himself to United Russia party ahead of September elections
June 30, 2027 plunges to 17%19%
Putin formally associated himself with the United Russia party, which campaigned explicitly as "the party of the president" for the first time since 2007. This move reinforced his political control and reduced market speculation about his imminent departure, stabilizing prices for later exit dates.
Putin warns of fuel shortages after Ukrainian drone strikes
December 31, 2026 rises to 10%1%
Putin publicly acknowledged that Ukraine's drone and missile strikes have severely impacted Russia's fuel production, creating a political crisis. This admission increased market concerns about Putin's grip on power, contributing to price volatility.
Putin acknowledges fuel shortages after Ukrainian strikes
August 31, 2026 dips to 2%4%
Putin publicly admitted that Ukrainian drone and missile strikes have caused significant disruptions to Russia's fuel production, marking a rare acknowledgment of the war's domestic impact and contributing to political pressure on his presidency.
Putin rejects Ukraine peace proposals, vows to continue war
December 31, 2026 jumps to 14%5%
Putin's rejection of peace talks and continued military aggression amid Ukraine's intensified attacks on Russian infrastructure heightened political and economic pressures, contributing to market doubts about his long-term hold on power.
President Zelensky states Putin's new deadline to capture Donetsk region
December 31, 2026 rises to 14%2%
Zelensky announced Putin's 15th deadline to seize Donbas by December 31, 2026, aligning with the market's expiry date and increasing speculation about Putin's political future and potential exit by year-end.
Putin acknowledges fuel shortages caused by Ukrainian drone strikes
Putin publicly admitted that Ukraine's drone and missile strikes have severely impacted Russia's refining capacity, leading to fuel shortages and a political crisis. This admission marked a rare acknowledgment of military setbacks, increasing market concerns about Putin's stability.
Ukrainian President Zelensky sets military deadline for Donbas by year-end
December 31, 2026 rises to 10%1%
Zelensky's announcement of a December 31, 2026 deadline to capture Donbas aligned with market expiry dates, increasing pressure on Putin and influencing market odds of his exit by that date.
Anonymous $400,000 bet placed that Putin will be out by end of 2026
An anonymous bettor placed a large $400,000 wager on a prediction market that Putin would resign or be ousted by December 31, 2026, reflecting significant market speculation about his potential removal amid ongoing crises in Russia.
Putin acknowledges fuel shortages after Ukrainian strikes but downplays crisis
December 31, 2026 rises to 14%1%
Putin publicly acknowledged that Ukrainian drone and missile strikes have caused fuel shortages in Russia, marking a rare admission of economic strain. However, he emphasized the situation was not critical, signaling his intent to maintain control and stability, which tempered market fears of his imminent exit.
Chinese leader Xi Jinping delivers stern ultimatum to Putin in phone call
December 31, 2026 rises to 13%4%
Xi Jinping's direct pressure on Putin marked a shift from neutrality to demanding change, signaling a critical challenge to Putin's hold on power and influencing market speculation on his potential exit.
Putin calls moment 'fateful' at United Russia party congress ahead of elections
December 31, 2026 rises to 17%3%
Putin's language at the party congress suggested internal instability and potential challenges to his power, contributing to market speculation about his political future and increasing exit odds.
Putin acknowledges impact of Ukrainian drone strikes amid military setbacks
December 31, 2026 rises to 10%1%
Putin publicly acknowledged the significant impact of Ukrainian drone strikes on Russian infrastructure and military challenges, signaling weakening control and increasing internal pressures. This contributed to a slight increase in market odds for Putin's exit by December 31, 2026.
Anonymous bettor wagers $400,000 Putin will be out by end of 2026
An anonymous user placed a large bet on Polymarket predicting Putin's removal or resignation by December 31, 2026, reflecting growing market skepticism about his political longevity amid ongoing military and economic pressures.
Ukrainian President Zelensky highlights Putin's repeated failed deadlines for Donetsk capture
President Zelensky stated that Putin had set 15 deadlines for capturing the Donetsk region since the war began, with the latest demand to seize Donbas by December 31, 2026. This underscored ongoing military pressure and uncertainty about Putin's political future, influencing market speculation around the December 31, 2026 outcome.
Superyacht linked to Putin spotted sailing toward Istanbul escorted by Russian warships
A superyacht reportedly linked to Putin was observed moving away from Russian waters, escorted by military vessels, fueling rumors about Putin's potential plans to leave office or relocate, which influenced market perceptions of his political future.
Putin admits fuel shortages amid intensified Ukrainian strikes
December 31, 2026 dips to 10%3%
Following Ukrainian drone and missile strikes that knocked out a significant portion of Russia's refining capacity, Putin publicly acknowledged the resulting fuel shortages, highlighting a serious political crisis and contributing to declining public support.
Russian soldier Alexander Lunin threatens military coup in viral video
August 31, 2026 dips to 2%4%
On June 29, 2026, soldier and military blogger Alexander Lunin posted a video threatening a military coup against the Kremlin due to mistreatment of soldiers. His subsequent detention highlighted internal dissent and instability, negatively impacting market confidence in Putin’s continued presidency.
Putin acknowledges fuel shortages amid Ukraine drone strikes
On June 29, Putin admitted to fuel shortages caused by Ukrainian drone attacks on Russian refineries, signaling domestic strain. This admission increased market speculation about Putin's political vulnerability, causing price fluctuations.
China delivers stern ultimatum to Putin, signaling pressure for change
On June 29, Chinese leader Xi Jinping reportedly delivered a stern ultimatum to Putin during a phone call, marking a shift from neutrality to direct pressure on Moscow. This diplomatic move was perceived as a bearish signal for Putin's longevity and influenced market odds for his removal by year-end.
Putin attends Kremlin meeting amid declining approval ratings
On June 29, 2026, Vladimir Putin attended a meeting with Russia’s human rights commissioner at the Kremlin, while Russian pollsters reported his approval rating at the lowest since the full-scale invasion began. This event highlighted political pressures but no indication of resignation, influencing market caution.
Putin attends Kremlin meeting amid large Polymarket bet on his exit by 2027
Putin's public appearance at the Kremlin coincided with a major Polymarket trader wagering nearly $500,000 that he would no longer be president by the end of 2026, reflecting heightened market speculation on his political fate.
Putin ties himself publicly to United Russia party ahead of State Duma elections
December 31, 2026 dips to 12%2%
Putin's speech at the United Russia party congress on June 29 aimed to project strength and popular support ahead of the September 2026 elections, reinforcing his political control and reducing market speculation about his imminent removal.
Zelensky states Putin's 15th deadline to capture Donetsk by December 31, 2026
Ukrainian President Zelensky announced on June 29 that Putin has set 15 deadlines for capturing the Donetsk region, with the latest deadline being December 31, 2026. This military objective's repeated failure increased speculation about Putin's political survival tied to military success, influencing market perceptions.
President Zelensky sets December 31, 2026 deadline for Donbas capture
December 31, 2026 rises to 13%4%
Ukrainian President Zelensky publicly stated that Putin set 15 deadlines for capturing Donetsk, with the latest demand to seize Donbas by December 31, 2026. This aligned with the market's expiry date and increased speculation about Putin's political future.
Ukrainian President Zelensky sets deadline for Donbas capture by end of 2026
December 31, 2026 rises to 10%1%
Zelensky's announcement of a military deadline aligned with the market's resolution date, increasing speculation about Putin's potential loss of power if military objectives fail.
Putin acknowledges Ukrainian attacks causing fuel shortages
December 31, 2026 rises to 12%3%
Putin admitted that Ukrainian strikes on energy infrastructure were creating problems and fuel shortages, increasing domestic pressure and speculation about his political stability.
Putin rejects Ukrainian proposal to limit long-range missile strikes
December 31, 2026 dips to 9%4%
Putin rejected Kyiv's proposal to mutually limit long-range missile and drone strikes, signaling his intent to continue the war and maintain power. This hardened stance likely tempered market expectations of an imminent leadership change.
Putin replaces head of Udmurtia Republic after surprise resignation
June 30, 2027 plunges to 18%18%
Putin directly replaced Alexander Brechalov as head of Udmurtia following Brechalov's sudden resignation, signaling internal political instability and elite maneuvering. This event contributed to market uncertainty about Putin's grip on power, causing a notable price drop in the market.
Putin sets December 31, 2026 deadline for capturing Donetsk region amid ongoing war
December 31, 2026 rises to 14%1%
Putin's self-imposed military deadline aligned with the market's resolution date, increasing speculation about his political survival tied to military success, thus impacting market prices.
Putin publicly ties himself to United Russia party ahead of September Duma elections
December 31, 2026 dips to 13%1%
Putin's speech at the United Russia congress reinforced his political control and commitment to the war, reducing market speculation about his imminent departure despite ongoing pressures.
Putin addresses United Russia Congress, ties himself to party ahead of elections
Putin's June 28 speech aimed to project strength and unity ahead of September elections, reinforcing his political position despite military setbacks. This bolstered market confidence in his continued presidency, tempering probabilities of his exit.
Putin admits fuel deficit amid intensifying Ukrainian drone strikes
June 30, 2027 plunges to 19%17%
On June 28, Putin publicly acknowledged a 'certain deficit' in fuel supplies following Ukrainian drone attacks on Russian refineries, signaling growing domestic challenges. This admission contributed to market doubts about Putin's ability to maintain control, causing a sharp drop in probabilities.
Putin acknowledges fuel crisis amid intensified Ukrainian strikes
December 31, 2026 rises to 12%3%
Following Ukrainian drone and missile strikes that disabled up to 28% of Russia's refining capacity, Putin publicly admitted to a 'certain shortage' of fuel, marking a rare admission of domestic crisis and weakening his standing.
Ukrainian drone strikes cripple Russian fuel infrastructure, sparking political crisis
August 31, 2026 dips to 2%4%
Ukrainian drone and missile strikes knocked out up to 28% of Russia’s refining capacity, causing fuel shortages and rationing across Russia, which triggered political challenges for Putin and increased market concerns about his stability.
Putin admits Ukrainian drone attacks caused Russian fuel shortages
July 31, 2026 drops to 0%9%
Putin publicly acknowledged that Ukrainian drone strikes on Russian oil refineries had caused domestic fuel shortages and rationing, intensifying public frustration and economic difficulties, which contributed to market price movement.
Chinese leader Xi Jinping delivers stern ultimatum to Putin
On June 28, 2026, Xi Jinping personally pressured Putin to change course, marking a shift from neutrality to direct economic and political pressure from China, Russia's main economic lifeline. This event heightened market fears about Putin's longevity in office.
Kremlin propagandist criticizes Putin, signaling elite dissent
Colonel Khodarenok publicly criticized Putin on TV, indicating growing discontent within Russia's security elites. This event suggested potential internal challenges to Putin's leadership, impacting market perceptions of his political stability.
Putin admits economic setbacks amid Ukraine strikes and fuel crisis
December 31, 2026 rises to 13%4%
Putin publicly acknowledged economic difficulties following Ukrainian strikes on energy infrastructure, signaling internal pressures and weakening his position, which influenced market perceptions of his stability.
Putin ties himself to United Russia ahead of September elections
On June 28, 2026, Putin addressed the United Russia party congress, formally associating himself with the party for the first time since 2007. This move was seen as an effort to consolidate political support ahead of the September Duma elections, signaling confidence in his continued leadership despite external pressures.
Putin publicly acknowledges severe fuel shortages amid Ukrainian strikes on Russian refineries
December 31, 2026 rises to 10%1%
On June 28, 2026, Vladimir Putin admitted to fuel shortages in Russia caused by Ukrainian drone attacks on oil refineries, which intensified public frustration and economic difficulties. This admission highlighted growing domestic challenges but did not signal any political instability or leadership change, resulting in only minor market impact on the probability of Putin leaving office by year-end.
Putin ties himself to United Russia party amid war and economic pressures
At the United Russia party congress, Putin publicly linked himself to the ruling party for the first time since 2007, reinforcing his political control ahead of September elections despite growing war fatigue and economic challenges, which tempered market expectations of his imminent departure.
Putin ties himself publicly to United Russia ahead of September elections
At the United Russia party congress, Putin reinforced his political position by publicly associating himself with the party, aiming to project strength and popular support ahead of the 2026 State Duma elections. This move was intended to consolidate his power amid military and political challenges, influencing market perceptions of his political survival.
Putin acknowledges fuel shortages caused by Ukrainian drone strikes
Putin admitted for the first time to a 'temporary deficit' in fuel due to intensified Ukrainian drone and missile strikes on Russian oil refineries, signaling growing economic strain but asserting Kremlin control, which influenced market perceptions of Putin's stability.
Chinese leader Xi Jinping issues stern ultimatum to Putin
December 31, 2026 rises to 13%4%
China shifted from neutrality to direct pressure on Moscow, signaling a major geopolitical shift and increasing uncertainty about Putin's political future, which influenced bearish market sentiment on Putin's presidency.
Putin admits Russia faces problems in Ukraine war amid escalating drone strikes
December 31, 2026 rises to 13%4%
Putin publicly acknowledged setbacks in the war with Ukraine, including fuel supply problems caused by Ukrainian drone strikes on Russian oil depots, which intensified market concerns about his grip on power.
Putin admits fuel supply problems amid Ukraine strikes on Russian infrastructure
December 31, 2026 rises to 13%4%
Putin acknowledged fuel shortages caused by Ukrainian drone strikes on oil depots, signaling growing domestic challenges and increasing speculation about his political stability.
Putin acknowledges fuel supply problems amid ongoing Ukrainian attacks
December 31, 2026 rises to 12%2%
Putin publicly admitted that Ukraine's strikes on Russian oil refineries were causing problems, though he denied the situation was critical. This acknowledgment reflected growing domestic challenges and contributed to a decline in his approval ratings, influencing market sentiment.
Putin delivers defiant speech at United Russia party congress
Putin projected strength and resolve to achieve military objectives in Ukraine, rejecting diplomatic solutions and reinforcing his control, which maintained low market expectations for his removal.
Putin publicly admits fuel shortages caused by Ukrainian drone strikes
December 31, 2026 rises to 13%4%
On June 28, 2026, Vladimir Putin acknowledged for the first time that Ukrainian drone attacks on Russian oil refineries caused domestic fuel shortages and rationing. This admission highlighted economic strain and increased public frustration, slightly raising speculation about Putin's political stability and impacting market prices for his continued presidency, especially for the December 31, 2026 outcome.
Putin acknowledges fuel shortages after Ukrainian drone strikes
December 31, 2026 rises to 12%3%
On June 28, 2026, Putin publicly addressed the impact of Ukrainian drone strikes on Russia's fuel production, marking the first detailed admission of operational difficulties. This acknowledgment heightened market concerns about Putin's grip on power amid ongoing military and economic pressures.
Putin publicly acknowledges fuel shortages caused by Ukrainian drone attacks
December 31, 2026 rises to 13%4%
On June 28, Putin admitted that Ukrainian drone strikes on Russian oil refineries caused significant fuel shortages and rationing across Russia, highlighting domestic strains from the ongoing conflict. This admission increased speculation about political instability, slightly raising market prices for Putin's potential early exit.
Xi Jinping issues stern ultimatum to Putin amid escalating war pressures
Chinese leader Xi Jinping reportedly delivered a stern ultimatum to Putin during a phone call, marking a shift from neutrality to direct pressure on Moscow. As Russia's primary economic partner, China's stance signaled increased vulnerability for Putin, influencing market perceptions of his political stability.
Ukrainian drones strike Russian oil refinery amid fuel shortages
December 31, 2026 rises to 13%4%
Ukrainian drone attacks on Russian oil refineries, including Moscow's main refinery, intensified fuel shortages in Russia, creating a political crisis that put additional pressure on Putin's government and influenced market perceptions of his stability.
Putin addresses United Russia party congress amid energy crisis
June 30, 2027 plunges to 18%18%
Putin publicly tied himself to the United Russia party ahead of the September elections, with the party campaigning as 'the party of the president.' This move reinforced his political control despite fuel shortages caused by Ukrainian drone strikes, signaling no immediate threat to his presidency.
Ukrainian drone strikes cause fuel shortages, creating political crisis for Putin
December 31, 2026 rises to 12%3%
Ukrainian drone and missile strikes knocked out up to 28% of Russia's refining capacity, including Moscow's main refinery, leading to fuel shortages and a serious political crisis for Putin. This heightened doubts about his political stability and contributed to market price declines for his continued presidency.
Putin addresses United Russia party congress amid fuel crisis and war pressures
Putin delivered a defiant speech at the United Russia party congress, declaring Russia cannot be defeated and tying himself closely to the party ahead of September elections. He acknowledged challenges from Ukrainian drone strikes causing fuel shortages but insisted the situation was manageable, aiming to project strength and continuity despite internal pressures.
Putin admits fuel shortages amid intensified Ukrainian strikes
Putin publicly acknowledged fuel deficits caused by Ukrainian drone attacks on Russian oil infrastructure, highlighting domestic challenges and weakening his position, which influenced market perceptions of his stability.
Putin addresses fuel shortages, downplays crisis in Moscow interview
September 30, 2026 dips to 4%3%
Following Ukrainian drone strikes on Moscow oil infrastructure, Putin publicly acknowledged fuel shortages but described the situation as not critical and promised swift resolution. This reassured some market participants about his control over domestic issues, tempering expectations of his removal.
Putin admits Ukrainian drone strikes causing Russian fuel shortages
December 31, 2026 rises to 13%4%
Putin publicly acknowledged that Ukrainian attacks on oil refineries were creating fuel shortages and rationing in Russia, signaling domestic strain but reaffirming his commitment to continue the war effort. This admission highlighted growing internal challenges but did not indicate any imminent political change, causing some market uncertainty.
Putin's speech at United Russia Congress projects strength amid war challenges
December 31, 2026 rises to 10%1%
On June 28, Putin delivered a speech to the United Russia Party Congress emphasizing Russia's military resolve and framing victory in Ukraine as inevitable. He publicly tied himself to the party, reinforcing political control ahead of the September 2026 State Duma elections. This reassured markets about his political stability, limiting upward price movement for his exit.
Putin admits fuel shortages caused by Ukrainian drone attacks
December 31, 2026 rises to 13%4%
On June 28, 2026, Vladimir Putin publicly acknowledged that Ukrainian drone strikes on Russian oil refineries had caused domestic fuel shortages and rationing. This admission highlighted the domestic strain of the ongoing war and increased public frustration, which slightly raised speculation about Putin's political stability, impacting the December 31, 2026 market outcome.
Ukrainian drone strikes cripple Russian fuel infrastructure, sparking political crisis
Ukrainian drone and missile strikes destroyed up to 28% of Russia's refining capacity, including Moscow's main refinery, causing severe fuel shortages and rationing across Russia. This crisis heightened political pressure on Putin, reflected in market movements lowering his chances of remaining president.
Putin delivers defiant speech at United Russia party congress
December 31, 2026 dips to 10%2%
On June 28, 2026, Putin reaffirmed Russia's commitment to its war aims and portrayed domestic hardships as temporary sacrifices, aiming to consolidate support ahead of elections. This statement temporarily stabilized market doubts about his exit.
Putin acknowledges fuel shortages amid Ukrainian drone strikes on Russian refineries
December 31, 2026 dips to 8%1%
On June 28, Putin publicly admitted to a 'certain shortage' of fuel caused by Ukrainian drone attacks on key Russian energy infrastructure, marking a significant shift in his public stance. This admission highlighted growing economic and political pressures, contributing to a sharp market drop in the probability of Putin remaining president.
Chinese Leader Xi Jinping Reportedly Delivers Ultimatum to Putin in Personal Call
December 31, 2026 rises to 12%2%
Chinese leader Xi Jinping reportedly pressured Vladimir Putin during a personal phone call, signaling a shift from neutrality to direct pressure. This development, combined with domestic political challenges, influenced traders' expectations regarding Putin's long-term political survival.
Serbian President Vučić announces imminent resignation, raising regional political uncertainty
December 31, 2026 rises to 13%4%
Serbian President Aleksandar Vučić's announcement of his planned resignation increased speculation about political instability in the region, which indirectly influenced market perceptions of Putin's tenure, nudging up the odds of his removal by end of 2026.
Putin admits 'certain deficit' amid deepening Russian fuel crisis
Putin publicly acknowledged a fuel shortage crisis caused by intensified Ukrainian drone strikes on Russian oil refineries, signaling economic strain and weakening his political standing, which affected market perceptions of his tenure.
Xi Jinping delivers stern ultimatum to Putin, shifting China-Russia dynamics
December 31, 2026 rises to 13%4%
Chinese leader Xi Jinping personally warned Putin, marking a shift from neutrality to direct pressure on Moscow, signaling increased geopolitical risk and contributing to bearish market sentiment on Putin's presidency.
Putin delivers speech reinforcing military resolve amid declining battlefield performance
December 31, 2026 rises to 12%3%
In a speech to the United Russia Party Congress, Putin projected strength and military resolve despite Russia's declining battlefield performance in Ukraine. The speech aimed to bolster domestic support but underscored ongoing challenges, contributing to cautious market sentiment about his tenure.
Putin acknowledges fuel shortages but downplays crisis amid Ukraine war
On June 28, 2026, Putin admitted that Ukrainian strikes on Russian energy infrastructure were causing problems but insisted the fuel situation was not critical. This admission highlighted growing domestic challenges but did not signal any political instability or threat to his presidency, leading to minor market adjustments.
Putin Admits Ukraine Drone Strikes Are Creating Fuel Shortages and Problems in Russia
December 31, 2026 rises to 13%4%
In a rare public admission of wartime setbacks, Russian President Vladimir Putin acknowledged that Ukrainian drone strikes on energy infrastructure have caused fuel shortages and queues at petrol stations.
Putin delivers speech reinforcing war resolve ahead of State Duma elections
December 31, 2026 drops to 9%5%
Putin's June 28 speech at the United Russia Congress projected strength and military resolve, aiming to consolidate support ahead of the September 2026 State Duma elections, which were expected to reinforce his power, thereby reducing market expectations of his early exit.
Putin delivers speech at United Russia Congress ahead of State Duma elections
December 31, 2026 dips to 9%3%
Putin's speech at the United Russia Party Congress reinforced his political control and commitment to the war in Ukraine, signaling stability and reducing market expectations of his imminent departure.
Chinese leader Xi Jinping delivers stern ultimatum to Putin in personal phone call
December 31, 2026 dips to 8%1%
Xi Jinping's direct pressure on Putin marked a shift from neutrality to demanding change, signaling increased external pressure on Putin's regime and raising market concerns about his political survival.
Putin addresses United Russia party congress reaffirming leadership
Putin's June 28 speech at the United Russia party congress emphasized party loyalty and national unity amid global challenges, reinforcing his political dominance and stabilizing market confidence in his presidency.
Anonymous bettor wagers $400,000 Putin will be out by end of 2026
December 31, 2026 jumps to 14%5%
A large anonymous bet on Polymarket significantly increased market activity and implied probability of Putin leaving office by the end of 2026, reflecting heightened investor speculation.
China and Russia conduct joint strategic air patrol amid heightened tensions
December 31, 2026 rises to 13%4%
On June 27, China and Russia conducted their 11th joint strategic air patrol, demonstrating military coordination and signaling Putin's continued active leadership amid geopolitical tensions. This event reinforced perceptions of Putin's grip on power, contributing to a decline in market odds for his early departure.
Russian gasoline reserves drawn down to uncomfortable levels amid Ukrainian strikes
June 30, 2027 plunges to 16%20%
Putin chaired an emergency meeting acknowledging critical gasoline shortages caused by Ukrainian attacks on oil refineries, signaling economic strain and weakening his domestic standing, which increased market speculation about his tenure.
Serbian President Vucic announces imminent resignation, raising regional political uncertainty
December 31, 2026 rises to 13%4%
Serbian President Aleksandar Vucic declared plans to resign within weeks, prompting speculation about political instability in the region. This announcement indirectly increased market odds of Putin leaving office by the end of 2026, reflecting heightened geopolitical risk perceptions.
Serbian President announces planned resignation, influencing Putin exit odds
December 31, 2026 rises to 13%4%
Serbian President Aleksandar Vucic's announcement of his resignation increased geopolitical uncertainty and led to a slight rise in market odds for Putin leaving office by end of 2026, reflecting broader regional instability.
China and Russia conduct 11th joint strategic air patrol amid heightened tensions
The joint air patrol demonstrated deepening military coordination between China and Russia, reflecting ongoing geopolitical pressures that may influence Putin's political standing and market perceptions of his tenure.
Serbian President Aleksandar Vučić announces resignation within weeks
On June 27, 2026, Serbian President Vučić declared he would resign soon, signaling political instability in the region but not directly affecting Putin's presidency. This event coincided with early market movements but had limited direct impact on Putin's status.
Chinese leader Xi Jinping delivers stern ultimatum to Putin
December 31, 2026 jumps to 14%5%
Xi Jinping shifted from neutrality to direct pressure on Putin during a personal call, signaling a major geopolitical shift and increasing market doubts about Putin's longevity in power.
Ukraine's drone strikes cause fuel shortages and refinery fires in Russia
August 31, 2026 dips to 2%4%
Ukrainian drone attacks in late June 2026 severely damaged Russian oil refineries, causing fuel shortages and public unrest, which Putin acknowledged as problematic, increasing political pressure but not immediate threat to his presidency.
Serbian President Aleksandar Vucic announces planned resignation amid political unrest
December 31, 2026 rises to 13%4%
Vucic's announcement of his imminent resignation and potential early elections in Serbia increased geopolitical uncertainty, leading to a rise in market odds that Putin would leave office by the end of 2026. This event indirectly influenced perceptions of regional political instability affecting Putin's tenure.
Russian veteran who warned Putin of military mutiny arrested after calling for Kremlin meeting
Alexander Lunin, a former serviceman who publicly warned of a possible military revolt and demanded a meeting with Putin, was detained, highlighting internal dissent and instability within Russia's military and political elite, impacting market perceptions of Putin's grip on power.
Former Russian serviceman Alexander Lunin arrested after threatening coup against Putin
June 30, 2027 plunges to 19%17%
Lunin publicly demanded a meeting with Putin and threatened military mutiny, leading to his detention for displaying extremist symbols, highlighting internal dissent and potential instability within Russia's security apparatus.
Large anonymous bet placed on Putin leaving office by end of 2026
December 31, 2026 jumps to 14%5%
An anonymous bettor placed a $400,000 wager on Polymarket predicting Vladimir Putin would no longer be president by the end of 2026, increasing market attention and speculation about his potential exit, causing a jump in the December 31, 2026 outcome price from 9% to 14%.
Death of Sergei Ivanov, longtime Putin ally and possible successor, fuels speculation
December 31, 2026 rises to 13%4%
The mysterious death of Sergei Ivanov, a key figure with influence and potential to challenge or succeed Putin, increased speculation about Putin's political future and contributed to market volatility around the December 31, 2026 outcome.
Death of Sergei Ivanov, longtime Putin ally and possible successor
June 30, 2027 plunges to 19%17%
Sergei Ivanov, a close ally and potential successor to Putin, died on June 26, 2026. His death removed a key figure from Putin's inner circle, raising questions about succession and regime stability, impacting market sentiment.
Western media reports Kremlin infighting and plans for Putin's removal
December 31, 2026 jumps to 14%5%
Reports emerged detailing internal Kremlin power struggles and alleged plans among elites to remove Putin, increasing market speculation about his potential exit by the end of 2026.
Serbian President Aleksandar Vucic announces planned resignation
December 31, 2026 rises to 13%4%
On June 27, Serbian President Vucic announced plans to resign within weeks, triggering increased betting on Putin's departure by end of 2026 due to perceived regional political instability and its indirect impact on Russian leadership.
Death of Sergei Ivanov, Putin's longtime ally and potential successor
The sudden death of Sergei Ivanov, a key figure in Putin's inner circle and considered a possible successor, raised questions about the Kremlin's succession plans and increased uncertainty about Putin's future.
Putin's approval rating dips amid military setbacks and fuel shortages
December 31, 2026 rises to 13%4%
In late June 2026, Russian polls showed a decline in Putin's approval and trust ratings, influenced by military challenges in Ukraine and domestic fuel shortages. This contributed to a temporary increase in market speculation about his potential exit by the end of 2026, reflected in a price rise for the December 31, 2026 outcome.
Russian pollsters report declining approval for Vladimir Putin in spring 2026
Surveys by FOM and VTsIOM in late June 2026 showed Putin's trust at 69%, the lowest since the full-scale invasion began, reflecting eroding public support and contributing to market uncertainty about his presidency.
Serbian President Vučić announces imminent resignation, raising regional political uncertainty
December 31, 2026 rises to 12%4%
Serbian President Aleksandar Vučić stated plans to resign within weeks, prompting speculation about political instability in the region. This development nudged up market odds that Putin might be out as President of Russia by the end of 2026, reflecting concerns about broader geopolitical shifts.
Putin ties himself publicly to United Russia ahead of September elections
December 31, 2026 rises to 13%4%
On June 26, 2026, Putin formally associated himself with the United Russia party, reinforcing his political control ahead of the September 2026 State Duma elections. This move signaled continuity of leadership and reduced speculation about his imminent departure, contributing to stable or declining odds for his exit by year-end.
Ukrainian strikes cause fuel shortages in Russia, sparking crisis
December 31, 2026 rises to 12%3%
Ukrainian drone and missile strikes knocked out up to 28% of Russia's refining capacity, leading to fuel shortages and rationing across Russia, which increased domestic pressure on Putin's administration and contributed to market speculation about his political stability.
Putin delivers defiant speech at United Russia party congress, claims battlefield success
June 30, 2027 plunges to 16%20%
Putin asserted that the West cannot win militarily and that Russian forces are advancing, aiming to project strength and pressure Ukraine and the West. However, analysts noted Russia's deteriorating battlefield performance, which contributed to market skepticism about Putin's long-term hold on power.
China and Russia conduct joint strategic air patrol amid rising tensions
On June 27, 2026, China and Russia conducted their 11th joint strategic air patrol, signaling deepening military coordination amid heightened tensions with the West. This demonstrated Putin's ongoing active leadership and military engagement, which likely tempered market expectations of his imminent removal.
Putin's approval rating sharply falls amid ongoing war and political pressures
December 31, 2026 rises to 12%3%
Polls released in late June showed a significant decline in Putin's approval and trust ratings, reflecting growing domestic dissatisfaction. This contributed to a temporary increase in market odds for his exit by December 31, 2026, as political fragility was perceived to rise.
Russian forces claim capture of Kostiantynivka in eastern Ukraine
December 31, 2026 jumps to 17%8%
Russia announced a strategic military gain in eastern Ukraine, which briefly boosted confidence in Putin's leadership and war efforts, causing a temporary rise in market odds for his potential exit by year-end.
Fuel shortages and economic woes worsen in Russia amid Ukrainian strikes
June 30, 2027 plunges to 18%18%
Ukrainian drone and missile strikes damaged Russian fuel infrastructure, causing fuel shortages and public dissatisfaction, which increased market speculation about Putin's political stability.
Vladimir Putin ties himself to United Russia ahead of parliamentary elections
Putin formally associated with United Russia party, which campaigned under slogans emphasizing loyalty to him, signaling efforts to consolidate power ahead of September elections amid declining battlefield performance and political challenges.
Putin faces declining approval amid intensified Ukraine conflict and economic challenges
December 31, 2026 rises to 12%3%
Russian pollsters recorded declining approval for Vladimir Putin in spring 2026, with trust at its lowest since the full-scale invasion began. Ukraine's intensified strikes on Russian infrastructure created a political crisis for Putin, increasing speculation about his political stability and impacting market perceptions of his tenure.
Putin addresses United Russia party congress amid fuel crisis and election pressures
December 31, 2026 rises to 13%4%
Putin publicly tied himself to the United Russia party ahead of the September 2026 parliamentary elections, reinforcing his political control despite ongoing fuel shortages caused by intensified Ukrainian strikes. This event contributed to market uncertainty but ultimately reassured investors about his hold on power, limiting upward price movement for his exit by December 31, 2026.
Mysterious death of Sergei Ivanov, Putin's longtime ally and possible successor
December 31, 2026 rises to 12%3%
The sudden death of Sergei Ivanov, a key Putin ally and potential successor, heightened fears of instability within Putin's inner circle, contributing to market speculation about Putin's future.
Putin’s approval rating begins sharp decline after Ukraine’s major strike
December 31, 2026 rises to 13%4%
Following Ukraine’s largest strike on Moscow Oblast, Putin’s approval rating fell from 74% to 69% between June 12 and June 21, signaling growing domestic dissatisfaction and impacting market confidence in his continued presidency through 2026.
Sergei Ivanov, Putin's former defense minister and once likely successor, dies at 73
The death of Sergei Ivanov, a longtime Putin ally and former defense minister considered a potential successor, removed a key figure from the Kremlin's inner circle, fueling speculation about Putin's succession but not indicating immediate change in presidency.
Putin ties himself to United Russia ahead of parliamentary elections
December 31, 2026 rises to 13%4%
Vladimir Putin formally associated himself with the United Russia party, which campaigned under slogans emphasizing loyalty to him, signaling efforts to consolidate power ahead of September elections. This move was seen as an attempt to shore up his political base amid growing challenges.
Ukrainian President Zelensky sets deadline for Donetsk capture by year-end
On June 26, Zelensky stated Putin had set 15 deadlines for capturing Donetsk, with the latest by December 31, 2026. This military pressure aligned with the market's expiry date, influencing perceptions of Putin's ability to maintain power.
Ukrainian drone and missile strikes cause fuel shortages in Russia, creating political pressure on Putin
December 31, 2026 jumps to 17%8%
Ukraine intensified strikes on Russian energy infrastructure, knocking out up to 28% of refining capacity and causing fuel shortages in at least 17 regions. This created a political crisis for Putin, reflected in market uncertainty about his hold on power.
Russian pollsters report lowest trust in Putin since war began
Russian pollsters FOM and VTsIOM recorded declining approval for Vladimir Putin in spring 2026, with FOM’s late-June survey showing trust at 69%, the lowest since the full-scale invasion began. This decline in public support contributed to increased market speculation about Putin's political stability.
France Seizes Russian Shadow Fleet Tanker 'Deliver' in Mediterranean
December 31, 2026 rises to 12%3%
The French Navy intercepted and boarded the shadow fleet tanker 'Deliver' near Sicily, escalating European enforcement of sanctions on Russian energy exports and squeezing Moscow's war funding.
Russian soldier Alexander Lunin threatens military coup in viral Instagram video
December 31, 2026 rises to 10%1%
A prominent soldier publicly threatened a military coup against Putin, highlighting growing dissent within the armed forces and increasing perceived risks to Putin's presidency, which pressured the market.
Russian veteran Aleksandr Lunin threatens military mutiny unless allowed to meet Putin live
December 31, 2026 rises to 13%4%
Lunin's viral video warning of a potential military mutiny and demand for a live meeting with Putin highlighted internal dissent and military dissatisfaction, increasing market speculation about regime instability.
Dozens of Moscow and St. Petersburg municipal deputies publicly demand Putin's resignation
December 31, 2026 rises to 13%3%
On June 24, dozens of municipal deputies from Moscow and St. Petersburg signed an open letter calling for Putin's resignation, signaling growing political dissent but without immediate impact on his presidency, causing minor market fluctuations.
South Ossetia’s president resigns and joins Putin’s presidential staff
The resignation of South Ossetia's president and his appointment to Putin's staff raised questions about Russian political maneuvers and potential instability, indirectly affecting perceptions of Putin's grip on power.
Putin's 'drooping face' at memorial sparks renewed health speculation
December 31, 2026 dips to 9%1%
At a somber ceremony marking the 85th anniversary of WWII's start, Putin appeared unable to cry and showed an unusually rigid expression, fueling renewed speculation about his health and physical condition, which contributed to ongoing market uncertainty about his presidency.
Putin's drooping face sparks health concerns during WWII memorial ceremony
June 30, 2027 dips to 16%2%
Putin's unusual inability to cry and aged appearance at a solemn memorial event fueled rumors about his declining health, reinforcing market fears about his political longevity.
South Ossetia’s president resigns and joins Putin’s presidential staff
On June 23, the president of South Ossetia resigned and joined Putin's presidential staff, raising questions about Russian internal political dynamics and potential shifts in Putin's power base, which influenced market perceptions of his presidency's stability.
Putin appears emotionally distant at WWII memorial, sparking health rumors
Putin's inability to cry at a somber memorial event and his older appearance intensified rumors about his declining health, contributing to market speculation about his political future.
Russian Deputy PM announces fuel export bans amid crisis
December 31, 2026 rises to 13%4%
On June 23, 2026, Deputy Prime Minister Alexander Novak announced bans on gasoline and jet fuel exports and considered diesel export bans due to domestic shortages exacerbated by Ukrainian strikes, signaling economic strain impacting Putin's regime stability.
Putin appears unable to cry at WWII memorial, sparking health rumors
December 31, 2026 dips to 9%1%
At a solemn ceremony marking the 85th anniversary of WWII's start, Putin's unusual demeanor and inability to cry led to renewed rumors about his declining health, contributing to market doubts about his political future.
Putin appears unable to cry at WWII memorial, fueling health rumors
Putin's unusual emotional display at a solemn ceremony led to further speculation about his health, reinforcing market doubts about his stability and longevity in office.
Vladimir Putin approves government instructions amid gasoline crisis
December 31, 2026 rises to 10%1%
Putin approved a list of instructions following a government meeting addressing fuel shortages caused by Ukrainian drone strikes, signaling domestic challenges but maintaining control. This contributed to market uncertainty about his political stability.
Putin shows unusual emotional detachment at WWII memorial event
Putin appeared unable to cry during a solemn ceremony, fueling speculation about his health and emotional state, which contributed to market doubts about his longevity in office.
Leader of South Ossetia resigns to become adviser to Putin
Alan Gagloev, president of the Russia-backed breakaway region South Ossetia, resigned to join Putin's presidential staff, signaling internal political shifts and raising questions about Kremlin dynamics. This event contributed to market uncertainty about Putin's stability.
Putin's drooping face sparks concerns as he struggles to cry at WWII memorial
December 31, 2026 dips to 9%1%
Putin's unusual emotional display and older appearance at a solemn memorial event fueled rumors about his declining health, further shaking confidence in his political longevity.
Leader of Russia-backed South Ossetia resigns to become Putin adviser
June 30, 2027 plunges to 19%17%
On June 23, 2026, the leader of South Ossetia resigned to join Putin's presidential staff, highlighting internal political shifts and raising questions about Russia's regional strategies. While not directly indicating Putin's removal, this event contributed to perceptions of political maneuvering within his circle.
Putin's drooping face at WWII memorial sparks health concerns
August 31, 2026 dips to 1%1%
Putin appeared unable to cry at a somber memorial event, fueling rumors about his declining health and affecting market sentiment about his political longevity.
Russian Deputy Prime Minister reports challenging but manageable fuel market amid export bans
December 31, 2026 rises to 13%4%
On June 23, Deputy PM Alexander Novak stated the Russian fuel market was under strain but manageable, with bans on gasoline and jet fuel exports and consideration of diesel export bans. This highlighted economic stress impacting Putin's regime stability, influencing market perceptions of his tenure.
Putin appears unable to cry at WWII memorial, sparking health concerns
September 30, 2026 dips to 3%1%
On June 23, 2026, Putin's unusual emotional display at a solemn event raised further doubts about his health, contributing to market uncertainty about his political future.
Leader of Russia-backed South Ossetia resigns to become Putin adviser
December 31, 2026 rises to 12%3%
On June 23, 2026, the leader of South Ossetia resigned to become an adviser to Putin, signaling internal political maneuvering but no direct threat to Putin's presidency. This event coincided with a slight market price increase reflecting uncertainty.
Leader of South Ossetia resigns to become Putin adviser
December 31, 2026 rises to 13%4%
Alan Gagloyev, president of the Russia-backed South Ossetia, resigned to join Putin's presidential staff, signaling internal elite shifts and raising questions about Kremlin stability. This event coincided with market price changes reflecting concerns about Putin's political environment.
Russia considers diesel export ban amid worsening fuel crisis from Ukrainian strikes
December 31, 2026 rises to 13%4%
Deputy Prime Minister Alexander Novak announced consideration of a total diesel export ban due to severe fuel shortages caused by Ukrainian drone strikes on Russian refineries, increasing domestic instability and pressure on Putin's administration.
Putin's limited facial expressions at Day of Memory ceremony spark health panic
June 30, 2027 dips to 18%1%
Putin's unusually rigid facial expression during a solemn ceremony reignited global speculation about his health, reinforcing concerns about his physical condition and ability to govern effectively.
Putin's rigid facial expression at Day of Memory and Sorrow sparks health speculation
Putin's unusually limited facial expressions during a solemn memorial event reignited global speculation about his health, contributing to doubts about his capacity to continue as president.
Putin's expression at memorial sparks renewed health speculation
At Russia's Day of Memory and Sorrow ceremony, Putin's unusually rigid and expressionless face reignited global speculation about his health, fueling doubts about his physical condition and political stability, which influenced market sentiment.
Putin's rigid facial expression at Day of Memory ceremony sparks health speculation
June 30, 2027 dips to 17%3%
Putin's unusually rigid facial expression during a solemn ceremony revived global speculation about his health, contributing to market doubts about his longevity in office.
Putin attends muted Victory Day parade with no military hardware displayed
December 31, 2026 dips to 12%2%
The unusually subdued parade and Putin's aged appearance fueled rumors of his weakening grip on power, contributing to market doubts about his long-term presidency.
Putin's rigid facial expression at Day of Memory ceremony fuels health rumors
September 30, 2026 dips to 4%3%
Putin's unusually stiff and limited facial movements during the Day of Memory and Sorrow ceremony reignited global speculation about his declining health, intensifying doubts about his political future.
Putin attends Day of Memory and Sorrow ceremony amid health speculation
Putin's public appearance at a solemn national event sparked renewed speculation about his health due to his expression and demeanor, but no official health issues were confirmed, maintaining market skepticism about his exit.
Putin's inner circle faces arrests amid fears of resignation
Reports revealed that Putin treats any resignation as treason, punishing officials and their associates, which creates a climate of fear among the Russian elite and reduces the likelihood of voluntary departures. This contributed to market skepticism about Putin leaving office soon.
Chinese leader Xi Jinping delivers ultimatum to Putin
June 30, 2027 plunges to 18%18%
On June 28, 2026, Xi Jinping reportedly gave Putin a stern ultimatum, marking a shift from neutrality to direct pressure from China, Russia's key economic partner. This increased perceived risk to Putin's tenure, causing a sharp drop in market prices for his continued presidency by mid-2027.
Putin appears frail at Day of Memory and Sorrow ceremony, sparking health concerns
December 31, 2026 rises to 10%1%
Putin's visibly frail appearance and limited facial expressions during a major public event fueled speculation about his health, contributing to market uncertainty about his ability to remain in office.
Putin and Trump hold 90-minute phone call discussing Ukraine
The lengthy phone conversation between Putin and US President Trump may have signaled diplomatic shifts, contributing to market speculation about Putin's political future amid ongoing Ukraine conflict.
Kremlin propagandist criticizes Putin signaling elite dissent
On June 22, 2026, Kremlin propagandist Colonel Khodarenok publicly criticized Putin’s leadership on TV, indicating growing dissent within Russia’s security elites. This event suggested internal pressures on Putin, contributing to market speculation about his potential removal.
Russia releases 24 Filipinos detained in Siberia after Marcos Jr's intervention
Following a bilateral meeting between Presidents Marcos Jr and Putin on June 21, 2026, Russia released 24 detained Filipinos. This diplomatic engagement showed Putin's active role in international affairs, which may have tempered market expectations of his imminent exit.
Putin's approval rating falls after Ukraine's largest strike on Moscow Oblast
December 31, 2026 rises to 13%4%
Following Ukraine's largest strike on Moscow Oblast, Putin's approval rating dropped from 74% to 69%, signaling growing domestic dissatisfaction and increasing market uncertainty about his continued presidency through 2026.
Putin orders release of 24 Filipinos detained in Russia
On June 20, 2026, Putin ordered the release of detained Filipinos, showing his continued exercise of presidential authority despite internal and external pressures. This event underscored that Putin remained in control, limiting market expectations of imminent departure.
Ukraine's foreign minister says Putin lost chance for peace talks
Ukraine's foreign minister stated that Putin lost his chance to end the war by refusing peace negotiations, signaling political isolation and increasing doubts about his leadership stability, impacting market perceptions.
Putin reportedly suffered a stroke, fueling health rumors
December 31, 2026 rises to 13%4%
Following the frail appearances, reports emerged on June 19 suggesting Putin may have suffered a stroke, intensifying concerns about his health and potential incapacity. This speculation contributed to a brief rise in market odds for his removal, reflecting increased uncertainty about his presidency's continuity.
Putin appears frail at ASEAN Summit amid health speculation
Putin's noticeably frail appearance during the ASEAN Summit sparked widespread health concerns and speculation about his ability to continue in office, contributing to early market uncertainty about his political future.
Putin's frail appearance sparks health concerns amid ongoing war
Russian President Vladimir Putin appeared increasingly frail during public appearances, fueling speculation about his health and raising doubts about his ability to continue in office. This contributed to market uncertainty about his presidency lasting through 2026.
Putin's frail appearance sparks health concerns amid psychological blow theory
Russian President Vladimir Putin appeared increasingly frail in public appearances, fueling speculation about his health and causing some market participants to reassess the likelihood of his continued presidency through 2026. This contributed to a drop in market prices for his continued tenure by late 2026.
Concerns rise over Putin's health after frail public appearances
Multiple reports emerged in mid-June 2026 highlighting Vladimir Putin's frail appearance, slurred speech, and physical decline, fueling speculation about his health and potential impact on his presidency. This contributed to increased market uncertainty about his ability to remain in power.
Ukrainian drone strikes hit Moscow oil refinery, causing fuel shortages
December 31, 2026 rises to 13%4%
On June 18, Ukrainian forces conducted a large-scale drone attack on the Gazprom Neft oil refinery near Moscow, severely damaging Russian energy infrastructure and contributing to fuel shortages across Russia. This event increased market speculation about Putin's weakening grip on power due to economic strain.
Putin's frail appearance raises health concerns and speculation about presidency
December 31, 2026 rises to 13%4%
Multiple news outlets reported Putin appeared frail with slurred speech and physical difficulties during public events, sparking health concerns and speculation about his ability to continue as president. This caused a temporary increase in market odds for his removal by the end of 2026.
Putin's health concerns rise after frail public appearances
Russian President Vladimir Putin appeared frail and showed signs of health issues such as slurred speech and swollen hands, fueling speculation about his ability to continue in office. This increased market uncertainty about his tenure, contributing to slight price movements.
Russian artist critical of Putin killed in Poland, raising political stability concerns
December 31, 2026 jumps to 14%5%
The killing of a Russian artist critical of Putin in Poland heightened concerns about political dissent and stability within Russia, briefly increasing speculation about Putin's future and impacting market prices for his continued presidency by the end of 2026.
Putin's health concerns soar after frail appearances and speech issues
Reports emerged highlighting Putin's frail physical condition, including slurred speech and swollen hands, fueling speculation about his health and potential impact on his ability to govern. This increased market uncertainty about his tenure, particularly for near-term outcomes.
Ukrainian drone strike hits Moscow oil refinery causing fuel shortages
December 31, 2026 rises to 10%1%
Ukraine launched a drone attack on Moscow's largest oil refinery, leading to significant fuel shortages and long queues at petrol stations across Russia. This event heightened public frustration and put pressure on Putin's government, impacting market perceptions of his stability.
Putin's frail appearance sparks global health concerns
Putin appeared increasingly frail during public appearances, including slurred speech and swollen hands, fueling speculation about his health and raising doubts about his ability to continue as president. This contributed to a rise in market uncertainty about his tenure.
Putin's health concerns soar after frail appearances and slurred speech at ASEAN summit
June 30, 2027 plunges to 18%18%
Putin's visibly frail condition and speech difficulties at the ASEAN summit raised widespread speculation about his health, increasing doubts about his ability to remain in power and impacting market sentiment.
Putin appears frail at ASEAN summit, sparking health concerns
Putin's frail appearance, including slurred speech and awkward gait during the ASEAN summit and meeting with Xi Jinping, intensified speculation about his health and political stability, impacting market sentiment on his presidency.
Putin hosts ASEAN summit, projecting political stability amid challenges
On June 18, Putin made public statements following the Russia-ASEAN Summit, emphasizing ongoing diplomatic and economic cooperation, which helped maintain market confidence in his presidency continuing through 2026.
Putin appears frail with slurred speech at ASEAN summit, sparking health concerns
December 31, 2026 jumps to 14%5%
On June 18, multiple outlets reported Vladimir Putin's frail appearance and slurred speech during public events, raising speculation about his health and ability to continue as president. This caused a temporary increase in market odds for his removal by the end of 2026.
Putin's health concerns escalate after frail public appearances
June 30, 2027 plunges to 19%17%
Multiple reports emerged highlighting Putin's frail appearance, slurred speech, and physical difficulties during public events, fueling speculation about serious health issues. This increased market doubts about his ability to remain in office, causing a drop in probabilities for his continued presidency.
Putin's frail appearance and health concerns spark speculation about his presidency
December 31, 2026 rises to 12%3%
Multiple reports emerged showing Putin appearing frail with slurred speech and physical difficulties during public events, raising market speculation about his ability to remain president through 2026. This led to a temporary increase in the odds of his removal by the end of the year.
Speculation rises over Putin's health after frail public appearances
Putin appeared increasingly frail during public appearances, including slurred speech and physical symptoms, sparking widespread speculation about his health and ability to continue in office. This fueled some market reassessment of his political future but did not lead to immediate price spikes for his exit.
Concerns rise over Vladimir Putin's frail health after public appearances
August 31, 2026 dips to 2%4%
In mid-June 2026, Putin appeared visibly frail with signs such as slurred speech and swollen hands during public events, sparking widespread speculation about his health and potential impact on his ability to remain in power. This fueled market doubts about his longevity as president, contributing to price declines in near-term exit outcomes.
Suspect in killing of Putin critic arrested in Poland
December 31, 2026 jumps to 14%5%
The arrest of a suspect in Poland for the killing of a Russian artist critical of Putin heightened concerns about political stability and dissent within Russia, briefly increasing speculation about Putin's political future and impacting the December 31, 2026 market outcome.
Putin's health concerns rise after frail public appearances
August 31, 2026 dips to 2%4%
Multiple reports and images in mid-June 2026 showed Putin appearing frail, with slurred speech and physical difficulties, sparking widespread speculation about his health. This raised doubts about his ability to continue in office, influencing market sentiment downward for near-term exit probabilities.
Reports highlight Vladimir Putin's frail appearance and health concerns
Multiple reports on June 18 noted Putin's frail appearance and slurred speech during public events, sparking health concerns and speculation about his ability to continue in office. This contributed to some market uncertainty about his tenure but did not cause a significant price move.
Reports emerge of Vladimir Putin's frail health and slurred speech at ASEAN summit
December 31, 2026 rises to 10%1%
Multiple news outlets reported on June 18 that Putin appeared frail with slurred speech and physical difficulties during public events, raising health concerns and speculation about his ability to continue as president. This caused a temporary increase in market odds for his removal by the end of 2026.
Putin's health concerns rise after frail appearances and speech issues
December 31, 2026 dips to 12%2%
Multiple incidents including slurred speech and swollen hands raised speculation about Putin's declining health, increasing market uncertainty about his ability to remain in office.
Putin's health concerns soar after frail public appearances
Russian President Vladimir Putin appeared increasingly frail during recent public events, with reports of slurred speech and physical difficulties raising health concerns. This fueled market speculation about his ability to continue as president, contributing to price increases in the prediction market.
Putin's health fears rise after frail appearance and slurred speech at ASEAN summit
December 31, 2026 dips to 10%4%
Putin's frail appearance and slurred speech during the ASEAN summit raised fresh doubts about his health, intensifying speculation about his ability to continue as president and impacting market sentiment.
Russian central bank chief's absence sparks succession speculation
Elvira Nabiullina, the Russian central bank chief, was absent from several high-profile events, stirring rumors about potential leadership changes. However, this did not translate into any immediate impact on Putin's presidency or market prices for his removal by year-end.
Ukrainian drone strikes severely damage Russian oil refineries, causing fuel shortages
Ukrainian drone and missile attacks knocked out up to 28% of Russia's refining capacity, including Moscow's main refinery, leading to acute fuel shortages and a political crisis for Putin. This heightened doubts about his ability to maintain control and contributed to market price declines.
Putin's health concerns escalate after frail public appearances
Russian President Vladimir Putin appeared increasingly frail during public events, with reports of slurred speech, swollen hands, and a stooped gait, fueling speculation about serious health issues including possible stroke or Parkinson's disease. This raised doubts about his ability to continue in office, impacting market perceptions of his political longevity.
Putin appears frail with slurred speech and awkward gait at ASEAN summit
June 30, 2027 dips to 17%2%
Putin's frail appearance, including slurred speech and a stooped gait during the ASEAN summit, intensified health concerns and speculation about his ability to continue as president, impacting market sentiment.
Putin's health concerns rise after frail appearances and speech issues
September 30, 2026 dips to 4%3%
In mid-June 2026, Putin's health was questioned following visible frailty, slurred speech, and swollen hands during public appearances, fueling speculation about his ability to continue as president and impacting market sentiment.
FSB detains Vladimir Putin’s close associate and reputed crime boss Ilya Traber in St. Petersburg
December 31, 2026 rises to 13%4%
The detention of Ilya Traber, a close associate of Putin and influential businessman, signaled potential internal instability and elite tensions within Putin's circle, contributing to market uncertainty about Putin's political future.
Serbian President Aleksandar Vucic announces planned resignation
December 31, 2026 rises to 12%3%
Serbian President Vucic's announcement of his intention to resign within weeks increased geopolitical uncertainty, leading to a slight rise in market odds for Putin's departure by end of 2026. This indirect political shock influenced traders' perception of regime stability in the region.
FSB detains Putin's close associate and reputed crime boss Ilya Traber
December 31, 2026 rises to 13%4%
The detention of a close associate of Putin by Russian security services indicated possible internal power struggles or instability within Putin's circle, fueling speculation about his political security and potential exit.
Putin signs decree scheduling September 20 legislative elections
On June 16, 2026, Putin signed a decree setting the date for the 2026 Russian legislative elections, signaling continuity in the political calendar and reinforcing expectations of his continued presidency through the election period.
Ukrainian President Zelensky offers to meet Putin at G7 summit for peace talks
December 31, 2026 rises to 10%1%
Zelensky's offer to meet Putin at the G7 summit or in the US aimed to initiate peace talks to end the war, highlighting ongoing diplomatic efforts amid the conflict. This maintained market focus on Putin's political stability but did not significantly alter removal odds.
Putin signs decree calling for State Duma elections on September 20, 2026
Putin's decree to hold elections and his active role in political processes indicated his ongoing control and presence in Russian politics, reducing market expectations of his imminent departure.
Ukrainian President Zelenskiy offers to meet Putin at G7 summit for peace talks
Zelenskiy publicly proposed talks with Putin at the G7 summit or in the US to end the ongoing war, signaling potential diplomatic engagement but no immediate impact on Putin's presidency. This offer did not lead to any resignation or removal, so market impact was limited.
Kremlin lawyer publicly calls for Putin's resignation
December 31, 2026 rises to 12%2%
Ilya Remeslo, a Kremlin-linked lawyer, publicly denounced Putin as a war criminal and demanded his resignation, highlighting rare elite dissent. This event caused a minor market reaction, increasing speculation about Putin's potential removal by the end of 2026.
Anonymous Polymarket user places $410,000 bet on Putin ousted by end of 2026
A large anonymous wager on Polymarket betting on Putin's removal by December 31, 2026, increased market attention and speculation about his political future, impacting market prices.
Concerns mount over Putin's visibly swollen and veiny hand
June 30, 2027 plunges to 19%17%
Public appearances showed Putin with a swollen, veiny hand, fueling health speculation and raising doubts about his physical condition, which contributed to market uncertainty about his tenure.
Concerns mount over Putin's swollen, veiny hand
Public appearances showed Vladimir Putin with a swollen right hand exhibiting prominent veins and signs of aging, fueling health concerns and speculation about his physical condition. This contributed to market uncertainty about his ability to remain in office.
Reports emerge of Kremlin infighting and elite dissent against Putin
December 31, 2026 rises to 12%3%
Western media reported significant Kremlin infighting and elite dissatisfaction with Putin amid economic difficulties and war costs. These reports increased market uncertainty about Putin's tenure but did not lead to any immediate leadership change.
Reports of Kremlin infighting and elite dissent against Putin
December 31, 2026 rises to 12%3%
Western media reported significant Kremlin infighting and elite dissatisfaction with Putin amid economic difficulties and war costs. These reports increased market uncertainty about Putin's tenure but did not lead to any immediate leadership change.
Putin addresses St. Petersburg International Economic Forum, emphasizing Russia's role in new global order
Putin's speech at SPIEF-2026 reinforced his position as Russia's leader and outlined a vision for Russia's sovereignty and global influence, signaling continuity in leadership and policy.
Putin addresses St. Petersburg International Economic Forum, emphasizing Russia's global role
Putin's speech at SPIEF-2026 reinforced his position as Russia's leader and projected continuity, which tempered market fears of an imminent departure, stabilizing prices early in the analysis window.
Putin signals key rate cuts amid economic contraction and central bank chief's sick leave
Putin indicated a likely cut in Russia's central bank key interest rate due to economic contraction blamed on sanctions and high rates, signaling economic stress that could undermine his political standing and influence market perceptions of his presidency's stability.
Kremlin lawyer Ilya Remeslo publicly calls for Putin's resignation
December 31, 2026 rises to 12%2%
Kremlin-linked lawyer Ilya Remeslo publicly denounced Vladimir Putin as a war criminal and demanded his resignation, signaling rare elite dissent. This event briefly increased market uncertainty about Putin's tenure but did not lead to immediate changes in his status.
Putin remains in power despite chilling winds at home
December 31, 2026 dips to 9%1%
Analysis showed that although Putin is increasingly isolated and surrounded by fearful underlings, he remains firmly in power with no immediate threat of removal, tempering market expectations of his exit.
Russia issues final ultimatum with intensified missile strikes on Kyiv
December 31, 2026 rises to 10%1%
Putin escalated military actions with increased missile strikes on Kyiv, signaling his determination to continue the war despite setbacks and internal criticism, reinforcing his hold on power and limiting market expectations of his removal.
Mood in Russia turns against Putin amid fears of assassination and coup
December 31, 2026 dips to 9%1%
Reports emerged of Putin hiding in a bunker and fears of assassination or coup, with increased elite arrests and public discontent, intensifying speculation about his future but no official change occurred.
Reports of Putin's isolation and declining influence amid war and economic woes
Sources close to Putin reported his increasing isolation and determination to continue the Ukraine war despite economic decline and public dissatisfaction. Speculation about his health and potential purges of close allies surfaced, but no official change in presidency occurred, maintaining low market confidence in his exit.
Analysis warns Putin’s end is not near despite regime weaknesses
December 31, 2026 dips to 9%1%
An article emphasized that despite economic and social challenges, Putin’s removal is unlikely without death or a coup, reinforcing market skepticism about imminent leadership change.
Putin visits China for strategic talks with Xi Jinping
Putin's state visit to China and talks with Xi Jinping underscored his continued international influence and political control, countering narratives of imminent removal and supporting market confidence in his presidency.
Putin pays state visit to China amid strategic partnership anniversary
December 31, 2026 rises to 10%1%
Putin's state visit to China reaffirmed the Russia-China strategic partnership, showing continued international engagement and no signs of political transition in Russia.
Western media reports Putin’s weakening grip and elite plans for removal
December 31, 2026 dips to 9%1%
Western outlets reported that Putin’s position was weakening amid economic challenges and war costs, with alleged plans within the ruling elite for his removal. This news contributed to market uncertainty but lacked official confirmation, keeping probabilities low.
Western media report Putin’s position weakening amid elite tensions
December 31, 2026 dips to 9%2%
Reports surfaced of mounting challenges to Putin’s authority within Russia’s ruling elite, driven by economic contraction and war costs, increasing market uncertainty about his tenure.
Pro-Kremlin cheerleader calls for Putin's resignation and predicts overthrow in 2026
December 31, 2026 dips to 9%1%
A prominent pro-Kremlin supporter publicly declared Putin illegitimate and called for his resignation and prosecution, predicting his overthrow within the year. This statement intensified speculation about Putin's political future but lacked official confirmation, causing minor market fluctuations.
Former senior Kremlin official acknowledges Russia is 'over Putin'
December 31, 2026 dips to 9%1%
A former top Kremlin official publicly stated that Russians are beginning to see Putin as having led the country to a dead end and can imagine a future without him. This reflected growing elite and public disillusionment but did not correspond to any official change in Putin's status, keeping market prices low.
Former top Russian official says country is 'over Putin' and imagines future without him
December 31, 2026 dips to 10%2%
A former senior Kremlin official publicly acknowledged growing elite disillusionment with Putin and the possibility of a future Russia without him. This signaled increasing internal cracks but did not indicate an immediate removal, reflecting cautious market sentiment lowering the probability of Putin's exit by end 2026.
Former top Russian official admits country is over Putin and imagines future without him
December 31, 2026 dips to 10%2%
A former senior Kremlin official anonymously acknowledged on May 16, 2026, that many elites and citizens have lost faith in Putin's leadership, reflecting deepening disillusionment but no immediate removal.
Top Russian official admits elites envision a future without Putin
A former senior Russian official publicly acknowledged that even elites are considering a future without Putin, reflecting growing internal doubts. However, no official removal or resignation occurred, so the market remained largely unchanged.
Former Kremlin official acknowledges Russia's disconnection from Putin
A former senior Kremlin official stated that many in government and business have mentally distanced themselves from Putin, who has withdrawn from public life, signaling elite discontent but no immediate threat to his presidency.
Putin claims economic measures show positive results amid budget deficit concerns
Putin asserted economic improvements despite reports of a large budget deficit and increased military spending, reflecting ongoing internal pressures but no sign of leadership change, contributing to market stability.
Former MI6 spy claims Putin to be removed within months due to health
December 31, 2026 dips to 10%2%
A former British intelligence officer publicly claimed in mid-May 2026 that Putin would be removed from office within months due to health issues, including speculation about Parkinson's and cancer. This fueled market uncertainty and contributed to price fluctuations around this time.
Vyacheslav Gladkov resigns as governor of Russia’s Belgorod region
December 31, 2026 dips to 10%1%
The Kremlin accepted the voluntary resignation of a regional governor, reflecting possible elite instability and signaling internal shifts within Putin's administration, which may have influenced market perceptions of his political security.
Kremlin elites lack means to remove Putin despite rising risks
Reports indicated that while Putin's ratings had slightly fallen and political risks were increasing, the Kremlin elites had no effective way to remove him, consolidating support around Putin despite economic and social pressures.
Kremlin elites have no way to remove Putin despite growing discontent
December 31, 2026 dips to 10%2%
On May 14, 2026, analysis confirmed that despite elite dissatisfaction and economic pressures, the Kremlin's power structure prevented any effective mechanism to remove Putin, reinforcing market confidence in his continued presidency.
Putin suggests Russia’s war on Ukraine ‘coming to an end’ but remains firm
December 31, 2026 rises to 12%2%
Putin indicated a possible nearing end to the war and willingness to meet Zelenskyy, which briefly raised hopes of political change but he maintained his war aims, leading to mixed market reactions.
Putin says Ukraine conflict 'coming to an end' at scaled-back Victory Day parade
December 31, 2026 rises to 13%3%
Putin publicly suggested the Ukraine war was nearing its end on May 9, 2026, signaling possible shifts in his strategy but not indicating any intention to resign, which maintained market skepticism about his removal.
Putin declares Russia will always be victorious at scaled-back Victory Day parade
December 31, 2026 rises to 12%1%
Putin's public appearance and speech at the Victory Day parade reinforced his control and commitment to the war effort, countering rumors of his weakening grip and stabilizing market sentiment.
Putin attends scaled-back Victory Day parade amid drone attack fears
December 31, 2026 rises to 12%2%
Putin's public appearance at the May 9 Victory Day parade, which was scaled back due to fears of Ukrainian drone attacks, was a carefully managed display to counter rumors of his retreat or incapacity. This event reinforced his continued grip on power despite internal and external pressures, tempering market expectations of his imminent removal.
Putin signals Ukraine war nearing end during Victory Day remarks
December 31, 2026 rises to 12%1%
Putin publicly stated that the conflict in Ukraine was coming to an end during the May 9 Victory Day celebrations, a rare indication of potential de-escalation. While this raised speculation about political shifts, it did not imply his resignation or removal, resulting in limited market impact.
Putin speaks at Victory Day parade expressing confidence in Ukraine conflict victory
Putin delivered a speech at the May 9 military parade in Moscow expressing confidence in victory in Ukraine, signaling no intention to resign or step down despite ongoing conflict challenges.
Kremlin infighting intensifies amid economic and war pressures
December 31, 2026 rises to 12%2%
Reports emerged of Kremlin factions vying to influence Putin as Russia faces economic decline and rising discontent, with a prominent Kremlin lawyer publicly calling for Putin's resignation and being forcibly hospitalized. This highlighted internal instability but did not lead to Putin's removal, causing minor market fluctuations.
Reports highlight Vladimir Putin losing grip on Russia
December 31, 2026 rises to 12%2%
An anonymous former senior Kremlin official published an op-ed describing Putin's weakening control over Russia amid economic decline and elite discontent, signaling increased market doubts about his continued presidency.
Longtime Kremlin lawyer publicly calls for Putin's resignation
December 31, 2026 rises to 12%2%
Ilya Remeslo, a Kremlin-linked attack lawyer, publicly labeled Vladimir Putin a "war criminal and a thief" and demanded his resignation, signaling rare open dissent within elite circles. This event highlighted growing internal opposition but did not immediately affect Putin's hold on power, causing a minor market reaction.
Kremlin infighting intensifies amid calls for Putin's resignation
Ilya Remeslo, a Kremlin attack lawyer, publicly called for Putin's resignation and labeled him a war criminal, leading to his forced removal by authorities. This event highlighted growing elite dissent but did not immediately affect Putin's position, causing a temporary market reaction.
Reports emerge of Putin losing grip amid elite tensions
December 31, 2026 dips to 10%1%
In early May 2026, Western media reported significant weakening of Putin's position within Russia's ruling elite, with alleged plans for his removal. Economic contraction and increased war costs fueled elite dissatisfaction, causing a slight market dip in the likelihood of Putin remaining president.
Kremlin infighting intensifies as Putin faces calls for resignation
December 31, 2026 rises to 12%2%
Longtime Kremlin lawyer Ilya Remeslo publicly called for Putin's resignation, signaling elite dissent. This event highlighted growing internal challenges but did not lead to immediate changes in Putin's status, causing a minor market reaction.
Western media report Putin’s weakening grip on power amid elite tensions
December 31, 2026 rises to 13%3%
In early May 2026, Western media revealed that Vladimir Putin’s position within Russia’s power structure had significantly weakened, with alleged plans for his removal emerging among the ruling elite. This news contributed to market uncertainty and a temporary price increase reflecting the possibility of Putin leaving office by the end of 2026.
Western media report weakening of Putin's position and plans for removal
December 31, 2026 dips to 9%2%
Reports emerged that Putin's grip on power was weakening significantly within Russia's ruling elite, with declining public support and alleged plans for his removal. This news reflected growing internal challenges but did not confirm any immediate change in presidency, contributing to market uncertainty and a slight price decline.
Reports emerge of weakening Putin grip and elite plans for removal
December 31, 2026 dips to 10%2%
Western media reported that Vladimir Putin's position within Russia's ruling elite had weakened significantly, with alleged plans for his removal forming. Economic contraction and increased war costs contributed to elite dissatisfaction, influencing market sentiment downward.
Kremlin factions battle to sway Putin as economy sinks and discontent rises
December 31, 2026 rises to 13%3%
On May 6, 2026, reports detailed Kremlin infighting and public dissent against Putin, including the forced removal of a Kremlin propagandist who called for Putin’s resignation. This event underscored internal instability and contributed to market fluctuations around this date.
Kremlin factions intensify battle to influence Putin amid economic and social strains
December 31, 2026 dips to 9%1%
Reports emerged of Kremlin infighting as economic difficulties and public discontent rise, with factions vying to sway Putin's decisions. This internal power struggle increased uncertainty but did not lead to any leadership change during the period.
Kremlin attack lawyer Ilya Remeslo demands Putin's resignation
December 31, 2026 dips to 10%1%
Ilya Remeslo publicly called Vladimir Putin a war criminal and thief, demanding his resignation, shocking Moscow and signaling internal dissent. This event contributed to market uncertainty about Putin's tenure.
Russians turn to cash amid internet blackouts
December 31, 2026 dips to 10%2%
Frequent mobile internet outages, attributed to security measures against Ukrainian drone attacks, led to a surge in cash usage in Russia. This highlighted growing domestic instability and economic disruption, contributing to market uncertainty about Putin's political stability but not directly signaling his removal.
Putin replaces Dagestan leader amid political reshuffle
On May 4, Putin dismissed the head of Dagestan and appointed a new acting leader, signaling internal political adjustments but no indication of Putin stepping down. This event reflected ongoing regime management rather than a threat to Putin's presidency, thus having limited impact on the market's outlook for his removal by end 2026.
Kremlin tightens security around Putin amid assassinations and coup fears
European intelligence reported increased personal security measures for Putin due to a wave of assassinations of senior military figures and fears of a coup, indicating internal instability concerns but no removal.
Kremlin-linked lawyer publicly demands Putin’s resignation
December 31, 2026 dips to 10%1%
Ilya Remeslo, a Kremlin attack lawyer, publicly called for Putin’s resignation and labeled him a war criminal, leading to his forced removal by authorities. This rare public dissent signaled elite fractures but did not immediately affect Putin’s presidency.
Putin's approval rating falls to lowest since Ukraine war began
December 31, 2026 dips to 10%1%
State pollster VTsIOM reported Putin's approval rating declined to 65.6%, the lowest since the 2022 invasion, reflecting growing public dissatisfaction amid economic strain and war fatigue, but no leadership change.
Putin issues decree calling for ceasefire during Orthodox Easter holiday
Putin called for a temporary ceasefire in the ongoing conflict to observe the Orthodox Easter holiday, signaling a political move to manage war pressures. This did not imply any change in his presidency but reflected ongoing conflict management challenges.
Putin Announces 32-Hour Orthodox Easter Ceasefire with Ukraine
December 31, 2026 rises to 12%1%
Russian President Vladimir Putin declared a temporary ceasefire for Orthodox Easter, which Ukraine agreed to observe, temporarily easing frontline hostilities.
Kremlin loyalist turned critic warns Putin's system is doomed to collapse
Ilya Remeslo reiterated his call for Putin's resignation and trial, emphasizing the personalized and corrupt nature of Putin's regime and its impending collapse, which contributed to a temporary market uptick in the probability of Putin leaving office.
Kremlin loyalist who criticized Putin ends up in psychiatric clinic
December 31, 2026 dips to 11%2%
Following his public denunciation of Putin and call for resignation, Ilya Remeszlo was reportedly placed in a psychiatric clinic, indicating Kremlin efforts to suppress dissent and maintain regime stability, which likely contributed to a market price decline reflecting reduced immediate risk to Putin's presidency.
Kremlin loyalist publicly calls for Putin's resignation and trial
December 31, 2026 dips to 11%2%
Ilya Remeslo, a longtime Kremlin attack lawyer, publicly denounced Vladimir Putin as a war criminal and thief, demanding his resignation. This rare public dissent from a Kremlin insider highlighted cracks in Putin's support, causing a slight market reaction.
Putin Demands Oligarchs Donate to Russia's Dwindling Defense Budget
Putin met with Russia's business elites to demand financial contributions for the war effort, signaling both fiscal strain and his absolute authority over the country's oligarchs.
Kremlin insider publicly calls for Putin's resignation and prosecution
December 31, 2026 rises to 14%3%
Ilya Remeszlo, a former staunch Kremlin supporter, declared Vladimir Putin illegitimate and called for his resignation and prosecution as a war criminal, highlighting internal elite fractures and suggesting a possible collapse of Putin's regime within 2026. This statement caused a brief market price increase reflecting heightened perceived risk to Putin's presidency.
Former Kremlin propagandist publicly calls for Putin's resignation and predicts overthrow in 2026
December 31, 2026 rises to 13%2%
Ilya Remeszlo, once a staunch Kremlin supporter, declared Putin illegitimate and called for his resignation, labeling him a war criminal and thief. This unprecedented internal criticism suggested cracks within the Russian elite and fueled market speculation about Putin's potential removal by the end of 2026.
Putin holds government meeting on Crimea by video link amid location secrecy
December 31, 2026 dips to 12%1%
Putin conducted a government meeting remotely from one of his offices, highlighting increasing difficulty in tracking his physical location. This raised questions about his health or security but did not indicate any imminent departure from office.
Putin holds government meeting remotely from Kremlin office amid growing speculation
December 31, 2026 rises to 12%1%
Putin was shown conducting a government meeting via video link from the Kremlin, highlighting his continued control but also feeding rumors about his health and security, which contributed to market uncertainty and a temporary price increase.
Former Loyalist Lawyer Ilya Remeslo Publishes Manifesto Calling for Putin's Resignation
December 31, 2026 rises to 13%1%
St. Petersburg lawyer Ilya Remeslo publicly turned on Putin, calling him an illegitimate president over the dead-end war in Ukraine, before being placed in a psychiatric ward within 48 hours.
Kremlin propagandist Ilya Remeslo publicly calls for Putin's resignation and trial
Ilya Remeslo, a former Kremlin propagandist, published a manifesto denouncing Putin as an illegitimate president and calling for his resignation and prosecution as a war criminal. This rare public dissent highlighted cracks in Putin's support but did not lead to any immediate political change or removal.
Kremlin propagandist publicly calls for Putin's resignation and prosecution
December 31, 2026 rises to 13%1%
Ilya Remeslo, a longtime Kremlin propagandist, publicly declared that Vladimir Putin should resign and be prosecuted as a war criminal, signaling internal dissent. This rare public criticism briefly raised market concerns about Putin's stability but was quickly countered by authorities.
Reports claim Iran's Supreme Leader visits Moscow for treatment
December 31, 2026 dips to 12%1%
News of Iran's Supreme Leader Mojtaba Khamenei reportedly traveling to Moscow for treatment highlighted Putin's ongoing diplomatic relevance, supporting market confidence in his presidency's stability.
Putin proposes uranium transfer plan amid Iran nuclear crisis
December 31, 2026 dips to 12%1%
Putin suggested transferring uranium to Moscow to address the Iran nuclear crisis, demonstrating active presidential engagement in foreign policy. This reinforced perceptions of Putin's continued leadership, contributing to a slight market price decline for his removal.
Putin discusses critical infrastructure protection amid intensified Ukrainian attacks
Following intensified Ukrainian attacks on Russian military and infrastructure targets, Putin chaired a Security Council meeting to address protection measures, signaling ongoing conflict pressures but no indication of leadership change.
Putin Warns Russia May Halt Gas Supplies to Europe Amid Middle East Energy Spike
President Vladimir Putin suggested Russia could preemptively stop gas exports to Europe to capitalize on rising energy prices and secure new markets, demonstrating his leverage and political stability.
Former Kremlin propagandist publicly calls for Putin's resignation and trial
December 31, 2026 rises to 13%2%
Ilya Remeslo, a once-loyal Kremlin propagandist, declared that Vladimir Putin should resign and be prosecuted as a war criminal, signaling internal dissent and suggesting a potential collapse of Putin's system. This statement briefly increased market speculation about Putin's removal.
Kremlin increases secrecy around Putin's location and activities
The Kremlin published images showing identical offices and used trickery to conceal Putin's exact location, reflecting increased opacity about his status but no indication of resignation or removal, maintaining market stability.
Op-ed calls for calling Putin’s bluff amid war and economic strain
An influential op-ed highlighted Russia’s military and economic difficulties and urged increased pressure on Putin, reflecting growing but contained challenges to his rule without immediate threat to his presidency.
Analysis highlights Putin's precarious position amid Ukraine conflict
December 31, 2026 dips to 11%1%
A Washington Post opinion piece described Putin as facing a grim future due to the Ukraine war, reflecting growing international skepticism about his hold on power but without concrete indications of imminent removal.
Putin maintains firm stance amid ongoing war and no resignation signs
December 31, 2026 rises to 12%1%
Throughout early 2026, Putin continued to project strength and resolve regarding the Ukraine conflict, with no credible reports of resignation or removal. This sustained the market's low probability for his exit by the end of 2026.
Russian general shot and wounded in Moscow, investigation ongoing
An attack on a high-ranking military official in Moscow raised concerns about internal security and stability within Russia’s leadership. Kremlin spokesman confirmed investigation and reporting to Putin, but no direct indication of threat to Putin’s presidency emerged.
Medvedev and cabinet resign, Putin consolidates power
The unexpected resignation of Prime Minister Medvedev and his cabinet was seen as a move by Putin to consolidate power rather than step down, which likely reinforced market expectations that Putin would remain president.
Speculation grows over Putin’s health amid prolonged public absence
Reports emerged in early February 2026 about Putin’s extended absence from public view, fueling rumors about his health. Despite speculation, no official confirmation or credible evidence of removal surfaced, keeping market probabilities stable.
Analysis on potential successors to Vladimir Putin emerges
Discussions and analyses about who might succeed Putin as president surfaced, reflecting ongoing speculation but no concrete moves toward his resignation or removal, thus maintaining market expectations of his continued presidency.
Experts analyze potential successors and post-Putin scenarios
On February 5, 2026, analysts discussed possible successors to Vladimir Putin and the implications for Russia’s future, reflecting ongoing speculation but no immediate change in leadership, which kept market probabilities low.
Putin disappears from public view for over a week, sparking health rumors
Putin's absence from public appearances for more than a week led to widespread speculation about his health and potential political instability, causing minor market uncertainty but no official change in his presidency.
Discussion on Putin's Succession and Kremlin's Future Intensifies
Analysts and foreign policy experts debated potential successors and the shape of Russia's leadership post-Putin, reflecting ongoing uncertainty but no immediate change in Putin's presidency, which kept market prices low for his removal.
Experts analyze potential successors to Putin
Analysts discussed possible scenarios for Putin’s eventual departure and the shape of Russia’s next leader, reflecting ongoing speculation but no immediate change, which kept market prices stable and low for Putin leaving presidency within the timeframe.
Analysis discusses potential successors to Putin as Russian leader
On February 5, 2026, analysis emerged about who might succeed Vladimir Putin, reflecting growing speculation about the future leadership but no concrete developments. This discussion had limited immediate impact on market prices but indicated ongoing interest in Putin’s eventual departure.
Speculation rises over Putin's health after 10-day public absence
December 31, 2026 rises to 12%1%
Putin was not seen publicly for over 10 days, prompting rumors about his health and potential political instability. However, no official confirmation of resignation or removal emerged, causing only minor market fluctuations.
Analysis highlights uncertainty over Putin’s succession and Russia’s future
On February 5, 2026, analysts discussed the question of Putin’s eventual successor, reflecting ongoing speculation but no concrete signs of his imminent departure. This maintained the market’s low probability pricing for Putin leaving office within the timeframe.
Kremlin escalates crackdown on dissent amid war and economic pressures
The intensified repression of critics and political prisoners in early 2026 indicated Putin's regime was focused on maintaining control rather than stepping down, reducing market expectations of his exit.
Analysis highlights mounting pressures on Putin’s regime amid Ukraine war challenges
December 31, 2026 rises to 12%2%
A February 2, 2026 report detailed Russia’s military setbacks and internal challenges but concluded the Putin regime was far from collapse. This tempered market expectations for a near-term leadership change, keeping probabilities for Putin’s departure low.
Putin Faces Mounting Military and Economic Challenges Amid Ukraine War
By early February 2026, reports indicated Russia's military was suffering heavy losses and failing to make significant gains in Ukraine, while economic pressures persisted. These challenges increased speculation about Putin's political future but did not produce immediate changes, keeping market probabilities low.
Putin chairs Kremlin meeting amid ongoing war and domestic pressures
On February 2, 2026, Putin was publicly active, chairing meetings on industrial development, demonstrating continued exercise of presidential duties and no signs of incapacitation or removal, supporting market confidence in his ongoing presidency.
EU imposes new sanctions targeting Putin and Russian media figures
The European Union adopted a new package of sanctions including measures against Vladimir Putin and prominent Russian TV personalities, increasing international pressure but not directly threatening Putin's presidency.
Russian Duma approves constitutional amendments proposed by Putin
December 31, 2026 rises to 11%1%
On January 23, 2026, the Russian parliament approved constitutional amendments aimed at reconfiguring government power to secure Putin’s position beyond 2024. This legislative move indicated Putin’s intent to retain control, reducing market expectations of his early exit.
Russian Duma Approves Putin's Constitutional Amendments
On January 23, 2026, the Russian parliament approved constitutional changes proposed by Putin to maintain his political power beyond 2024, signaling his intent to remain president and reducing market expectations of his departure.
Putin meets US envoys to discuss peace and frozen assets
Putin met with US envoys including Steve Witkoff and Jared Kushner to discuss peace efforts and the potential use of frozen Russian assets, reflecting ongoing diplomatic engagement without any indication of resignation or removal. Market price remained stable at 11%.
Putin discusses peace deal conditions with US envoys amid stalled negotiations
On January 22, 2026, Russian President Vladimir Putin engaged in talks with US envoys about a long-term settlement for the Ukraine conflict, emphasizing territorial issues. The ongoing stalled peace negotiations contributed to market uncertainty but did not indicate Putin's removal, keeping prices stable around 11%.
U.S. President Trump invites Putin to join new "Board of Peace"
December 31, 2026 rises to 11%1%
On January 19, 2026, the Kremlin announced that U.S. President Donald Trump invited Vladimir Putin to join an international "Board of Peace" to oversee Gaza's reconstruction and other crises. This diplomatic gesture was noted but did not affect Putin's presidency status.
Experts highlight non-electoral scenarios for Putin losing power
December 31, 2026 rises to 13%3%
On January 19, 2026, geopolitical experts discussed potential non-traditional catalysts such as illness, internal power struggles, or a palace coup that could end Putin's presidency. This analysis contributed to a peak in market price to 13%, reflecting increased speculation about Putin's tenure.
Putin endorses hardline pro-war candidates for 2026 State Duma elections
December 31, 2026 rises to 13%3%
Putin supported hardline pro-war figures for upcoming elections, signaling continued commitment to his agenda and no sign of stepping down. This political consolidation coincided with a market price peak at 13%.
Putin's credibility crumbles amid ongoing Ukraine war and diplomatic isolation
December 31, 2026 rises to 11%1%
Analysts reported that Putin's credibility was eroding domestically and internationally due to the prolonged war and lack of progress in peace talks, increasing uncertainty about his long-term hold on power. However, no direct indication of imminent removal was observed, keeping market prices low.
Putin’s credibility questioned amid ongoing Ukraine war and mounting challenges
By mid-January 2026, analysts noted growing challenges for Putin on the battlefield and at home, with no breakthroughs in Ukraine and increasing pressure, but no indication of his removal or resignation, maintaining market skepticism about a leadership change.
Putin proposes constitutional changes to retain power post-2024
December 31, 2026 dips to 13%3%
Putin announced constitutional amendments to keep himself central to Russian politics beyond his current term, including shifting appointment powers to the State Duma. This move signaled his intent to remain president, lowering market expectations of his departure.
Kremlin claims Ukraine’s situation deteriorating, Putin’s war aims unchanged
December 31, 2026 dips to 9%1%
Kremlin spokesperson Dmitry Peskov stated Ukraine’s decision-making corridor is narrowing, reinforcing Putin’s resolve to continue the war and maintain power, which kept market confidence low for Putin’s exit.
Putin insists on broader demands in stalled peace talks with US and Ukraine
Putin's refusal to accept a peace deal that does not radically restructure NATO and his stalling of a nearly complete peace agreement with Ukraine maintained political uncertainty, affecting market confidence in his continued presidency.
Putin states Russia ready to restore relations with Europe amid ongoing war
Putin expressed willingness to restore diplomatic relations with Europe to pre-war levels, indicating a potential shift in foreign policy but no indication of stepping down. This statement maintained market stability around 11%.
Putin holds public meeting discussing domestic issues, no signs of political upheaval
December 31, 2026 rises to 13%2%
Putin's public engagement on road safety and construction achievements indicated ongoing governance and no indication of removal or resignation, supporting the market's low probability for his exit.
Nearly half of Putin's 2025 decrees kept secret, showing tight control
An analysis revealed that about 45% of Putin's executive decrees in 2025 were not made public, underscoring his continued strong grip on power and no signs of stepping down, which likely kept market confidence low for a 'Yes' outcome.
Dozens of Russian city deputies petition for Putin’s resignation
Municipal deputies from Moscow and St. Petersburg publicly called for Putin to resign, reflecting growing domestic dissent. However, this did not lead to any official removal or resignation within the market timeframe.
Dozens of Moscow and St. Petersburg deputies petition for Putin's resignation
December 31, 2026 rises to 13%3%
Municipal deputies from Moscow and St. Petersburg publicly demanded Vladimir Putin's resignation, signaling internal political dissent. This event briefly raised market speculation about Putin's potential departure, reflected in a slight price increase from 10% to 13%.
Dozens of municipal deputies petition for Putin’s resignation
Municipal deputies from Moscow and St. Petersburg publicly called for Putin to resign, signaling some political opposition. However, this did not translate into immediate political change or affect Putin’s hold on power, resulting in minimal market impact.
Russian City Deputies Petition for Putin Resignation
December 31, 2026 dips to 10%2%
On January 13, 2026, dozens of municipal deputies from Moscow and St. Petersburg publicly called for Putin’s resignation, introducing political dissent but insufficient to shift market odds significantly.
Dozens of Russian municipal deputies call for Putin's resignation
December 31, 2026 dips to 9%4%
An open letter signed by municipal deputies from Moscow and St. Petersburg publicly demanded Vladimir Putin's resignation, signaling growing domestic political dissent. This event likely contributed to a decline in market confidence about Putin's continued presidency, reflected in price drops.
Dozens of municipal deputies call for Putin’s resignation in open letter
On January 13, 2026, municipal deputies from Moscow and St. Petersburg publicly demanded Vladimir Putin’s resignation. Despite this opposition, the call did not lead to any immediate political change or signals of Putin stepping down, thus having limited impact on the market probability of his exit by end 2026.
Dozens of Moscow and St. Petersburg deputies call for Putin resignation
Municipal deputies from Moscow and St. Petersburg signed an open letter demanding Vladimir Putin's resignation as President of Russia, but this was a symbolic petition with no actual removal or resignation of Putin.
Moscow and St. Petersburg deputies petition for Putin's resignation
December 31, 2026 dips to 10%2%
Dozens of municipal deputies publicly demanded Putin's resignation, signaling growing political dissent within Russia's urban centers and contributing to market uncertainty about Putin's tenure.
European Commission open to direct talks with Putin but conditions remain
The European Commission expressed willingness for direct dialogue with Putin to end the Ukraine war, but ongoing hostilities and sanctions keep the situation unresolved, maintaining Putin’s position for now.
European Commission opens door to future direct talks with Putin but conditions remain
The European Commission publicly stated openness to direct talks with Putin to end the Ukraine war but emphasized that ongoing Russian attacks prevent such dialogue now. This indicated Putin’s continued role as Russia’s leader with no signs of stepping down.
Putin prioritizes defense industry amid economic challenges
December 31, 2026 rises to 10%1%
In January 2026, Putin met with officials to highlight growth in Russia's defense industry despite economic difficulties and sanctions. This demonstrated his active leadership and focus on maintaining power through military strength, with no indication of stepping down.
Rumors swirl about health of Putin ally Ramzan Kadyrov
Reports emerged about the poor health of Putin ally Ramzan Kadyrov, fueling speculation about internal stability within Putin's circle. While not directly about Putin, such rumors contributed to market uncertainty regarding the Kremlin's future leadership dynamics.
Peace deal talks with Russia stall despite 90% completion claims
December 31, 2026 dips to 13%1%
Despite claims by European, U.S., and Ukrainian officials that a peace agreement with Russia was 90% complete, Kremlin's distancing from draft terms and Putin's stalling tactics maintained uncertainty about the war's resolution and Putin's political future, impacting market sentiment.
Putin begins 2026 in challenging position, rejects compromise peace
Analysis indicated Putin's reluctance to accept any peace deal that preserves Ukrainian statehood, signaling his intent to maintain power and continue the conflict. This contributed to the market's low probability of his removal by end of 2026.
Peace talks between Russia, Ukraine stall amid Kremlin resistance
December 31, 2026 dips to 10%3%
By early January 2026, peace negotiations were reported to be 90% complete but stalled due to Kremlin reluctance to accept terms. Putin’s stalling of the peace deal signaled no imminent political change or resignation, keeping market probabilities low around 10-13%.
Putin Stalls 90 Percent Complete Peace Deal in Paris Talks
During January 6-7, 2026 talks in Paris, Putin's government stalled a nearly complete peace agreement with Ukraine, reflecting his continued control and decision-making power as president, which reassured markets about his ongoing tenure.
Putin proposes constitutional changes to retain power beyond 2024
In his annual address, Putin proposed constitutional amendments to keep himself central to Russian political power after his current term ends in 2024, signaling his intent to remain in control and reducing market expectations of his exit.
Peace deal talks stall as Kremlin resists draft terms in Paris
December 31, 2026 dips to 13%1%
Despite claims by European, U.S., and Ukrainian officials that a peace agreement was 90% complete, Putin's Kremlin distanced itself from the draft terms, signaling no imminent leadership change and maintaining market skepticism about his departure.
Kremlin stalls on nearly complete peace deal amid ongoing Ukraine conflict
Despite diplomatic talks in December 2025 and January 2026 suggesting a 90% complete peace deal, the Kremlin under Putin stalled progress, indicating no imminent leadership change and maintaining the status quo.
Peace deal talks with Russia stall despite claims of 90% completion
Despite diplomatic efforts and claims that a peace agreement was nearly complete, Kremlin’s position remained distant from draft terms. Putin’s stalling of the peace plan suggested no imminent political change or resignation, maintaining low market probability for his exit.
Peace talks between Russia, US, and Ukraine stall in Paris
December 31, 2026 dips to 13%1%
In early January 2026, peace negotiations reached 90% completion but stalled due to Kremlin resistance, with Putin justifying delays. This prolonged conflict and uncertainty likely contributed to the market's low confidence in Putin stepping down soon.
Peace talks with Russia stall despite 90% deal completion claims
In early January 2026, European, U.S., and Ukrainian officials claimed a peace deal with Russia was 90% complete, but Kremlin's position remained distant from draft terms. Putin's stalling reduced hopes for a political transition, keeping market prices low.
Russia stalls nearly complete peace deal amid diplomatic talks
Despite U.S. and Ukrainian officials claiming a peace agreement was 90% complete, Russia, led by Putin, stalled negotiations in Paris, indicating Putin’s continued control and unwillingness to concede power or end the conflict, which likely kept market probabilities for his exit low.
Peace talks in Paris show 90% complete deal but Kremlin stalls
December 31, 2026 dips to 13%1%
Diplomatic efforts between Russia, Ukraine, and Western officials indicated a nearly complete peace deal, but Putin's government stalled on key terms, reflecting his continued control and unwillingness to concede power or peace terms that might undermine his position.
Peace talks with US and Ukraine stall as Kremlin resists draft terms
December 31, 2026 dips to 13%1%
Despite claims by European, U.S., and Ukrainian officials that a peace deal was 90% complete, Putin’s Kremlin distanced itself from the draft terms, signaling continued conflict and reducing chances of his stepping down within the market timeframe.
Russia and Ukraine Peace Deal Talks Stall as Kremlin Resists Terms
Despite claims by U.S. and Ukrainian officials that a peace deal was 90% complete, Putin's Kremlin distanced itself from the draft terms, indicating no imminent resignation or removal, which maintained market skepticism about Putin leaving office.
Peace deal with Russia 90% complete but Kremlin stalls
European, U.S., and Ukrainian officials reported that a peace agreement with Russia was 90% complete, but Putin's Kremlin stalled progress, indicating his reluctance to relinquish power or make concessions, which kept market confidence in his presidency stable.
Peace talks with Ukraine stall as Kremlin resists key terms
Despite claims that a peace deal was 90% complete, Putin's government stalled negotiations in January 2026, signaling no imminent political change or resignation, which kept market confidence in his presidency stable.
Peace talks in Paris stall as Kremlin resists draft terms
Diplomatic efforts to finalize a peace agreement with Russia reached 90% completion but stalled due to Kremlin resistance. Putin’s position to delay the deal signaled his intent to maintain power and avoid concessions, keeping the market’s probability of his removal low.
Peace deal talks 90% complete but Kremlin stalls progress
Despite claims by European, U.S., and Ukrainian officials that a peace agreement with Russia was 90% complete, Putin’s Kremlin stalled negotiations, maintaining a hardline stance. This diminished market expectations for a quick resolution or leadership change, keeping 'Yes' probabilities low.
Russia stalls 90% complete peace deal amid Kremlin distance
Despite U.S. and Ukrainian claims that a peace agreement was nearly complete, the Kremlin, led by Putin, stalled progress, maintaining a hardline position. This indicated Putin's continued control and unwillingness to relinquish power, keeping market probabilities low.
Peace deal with Russia claimed 90% complete but Kremlin stalls
December 31, 2026 dips to 13%1%
Despite diplomatic talks in Florida and Paris, Russia under Putin stalled on peace negotiations, maintaining his grip on power and reducing market expectations of his early departure.
Peace deal talks stall as Putin resists concessions
December 31, 2026 dips to 10%3%
Despite diplomatic efforts claiming a 90% complete peace deal, Putin's refusal to accept terms prolonged the conflict, signaling his intent to remain in power and diminishing market expectations of his early exit.
Analysis highlights uncertainty over Putin’s succession and regime stability
December 31, 2026 rises to 12%2%
Reports in early February 2026 discussed potential successors and the future of Putin’s presidency, reflecting ongoing speculation but no concrete developments, which contributed to minor market fluctuations but no decisive price moves.
Analysis highlights Putin’s continued focus on Ukraine war despite pressures
December 31, 2026 rises to 10%1%
A January 5 analysis noted Putin’s inability or unwillingness to reallocate resources from Ukraine, indicating no signs of stepping down or being removed, which corresponded with stable market pricing around 10%.
Russia denies Ukrainian drone attack on Putin’s residence; Trump dismisses claim
Russia’s Defense Ministry claimed a Ukrainian drone attack on Putin’s residence, which Kyiv denied and Trump dismissed, reflecting ongoing conflict but no impact on Putin’s presidential status.
Maduro's departure raises questions about Putin's influence in Western Hemisphere
The loss of an ally in Venezuela highlighted Putin's limited capacity to divert resources from Ukraine, underscoring his continued focus on the war and absence of any leadership change, which kept market probabilities low.
Polls show Putin maintains high approval ratings amid war
December 31, 2026 dips to 10%2%
Independent polling from the Levada Centre indicated that Putin continued to enjoy strong public support despite the ongoing war, reducing market expectations of his removal within the near term.
Putin ends 2025 with high approval ratings amid ongoing war
December 31, 2026 dips to 9%3%
Polling data released in early January 2026 showed Putin's approval rating at 85%, near all-time highs, reflecting strong domestic support despite economic slowdown and war pressures. This high approval likely contributed to the market's reduced probability of Putin leaving office by end 2026.
Market dips to lowest point amid no signs of Putin stepping down
December 31, 2026 dips to 8%4%
By early January 2026, the market price dropped to 8% as no credible news emerged about Putin’s resignation or removal, reflecting low market confidence in a leadership change within the timeframe.
Peace deal with Russia 90% complete but Kremlin stalls
December 31, 2026 dips to 10%1%
Despite claims by U.S. and Ukrainian officials that a peace deal was nearly finalized, Putin's government stalled negotiations, signaling no imminent change in leadership and maintaining market skepticism about his removal.
Market price drops to lowest point amid no signs of Putin’s removal
December 31, 2026 dips to 9%4%
By early January 2026, the market price for Putin leaving office dropped to 9%, reflecting the absence of any credible news or official announcements indicating his resignation or removal during the analysis window.
Ukraine claims peace deal 90% complete but Russia remains distant
December 31, 2026 dips to 10%3%
Despite Ukrainian and Western claims of a nearly complete peace deal, Russia under Putin stalled progress, maintaining a hardline stance. This diminished market optimism about a political shift in Russia, keeping the probability of Putin leaving low.
Zelensky announces peace deal is 90% ready in New Year speech
December 31, 2026 dips to 9%1%
Ukrainian President Zelensky stated the peace deal with Russia is 90% ready, adding diplomatic pressure on Putin to engage, though Russian resistance remains strong.
Russian Foreign Minister accuses Ukraine of drone attack on Putin’s residence
December 31, 2026 dips to 10%3%
On January 2, 2026, Russian Foreign Minister Sergey Lavrov accused Ukraine of attempting to assassinate Putin via a drone attack on his residence. Despite the attack, there was no indication of Putin’s removal or incapacitation, and the market probability for his departure declined, reflecting continued confidence in his presidency.
New conscription and tax policies signal continued Putin governance in 2026
December 31, 2026 dips to 11%2%
Putin signed decrees for year-round conscription and tax increases effective January 1, 2026, indicating ongoing active governance and no signs of stepping down. These policy moves reinforced market expectations of Putin remaining in power through 2026.
Putin signs decree for year-round conscription amid war pressures
December 31, 2026 dips to 10%2%
Putin mandated continuous conscription throughout 2026 to bolster military forces, signaling no intention to relinquish power despite economic and military strains. This action suggested Putin's commitment to maintaining control, dampening market expectations of his removal within 2026.
Putin Delivers Traditional New Year's Address Projecting Unity and Vowing Victory
December 31, 2026 dips to 9%3%
Putin used his annual address to rally the nation and project an image of stability and strength, dampening expectations of an imminent exit from the presidency.
Putin vows victory in Ukraine war in defiant New Year address
December 31, 2026 dips to 12%1%
On December 31, 2025, Putin publicly vowed victory in the Ukraine war, praising Russian soldiers and framing the conflict as vital to national survival. This defiant stance underscored his firm grip on power and diminished speculation about his resignation or removal.
Putin says Russia will win war in Ukraine in New Year’s Eve address
Putin's speech reinforced his commitment to the war effort and leadership role, contrasting with his predecessor Yeltsin's resignation on the same date 26 years earlier, which kept market expectations for his continuation as president stable.
Putin delivers New Year address reaffirming confidence in victory and leadership
In his New Year speech, Putin expressed confidence in victory in Ukraine and made no mention of resignation or stepping down, reinforcing market expectations that he would remain president through 2026.
Russian Military Details Alleged Drone Attack on Putin’s Residence
On December 31, 2025, Russia’s Defense Ministry provided detailed accounts of the alleged Ukrainian drone attack on Putin’s residence, emphasizing the defensive success. This reinforced the narrative of ongoing conflict pressures but did not indicate any change in Putin’s presidency.
Peace deal with Russia 90% complete but stalled by Kremlin
European, U.S., and Ukrainian officials reported a peace agreement with Russia was 90% complete but stalled due to Kremlin's distant position. Putin's stalling indicated no imminent political change or resignation, maintaining market skepticism about his departure before end of 2026.
Putin delivers New Year’s address rallying Russians around war effort
In his traditional New Year’s address, Putin projected unity and confidence in victory in Ukraine, reinforcing his leadership and reducing market speculation about his resignation or removal.
Putin delivers defiant New Year’s address vowing victory in Ukraine war
December 31, 2026 dips to 10%3%
In his televised New Year’s speech, Putin reaffirmed his leadership and commitment to victory in Ukraine, rallying support and dismissing peace talks. This public display of resolve decreased market expectations of his imminent departure.
Putin Signs Decree Mandating Year-Round Military Conscription
December 31, 2026 dips to 10%2%
Putin signed a decree to transition Russian conscription offices to year-round operations starting in 2026, signaling long-term preparation for sustained conflict and reinforcing his hold on power.
Putin's New Year's Speech Omits Ukraine War and Peace Talks
December 31, 2026 dips to 10%2%
Putin's brief New Year's address avoided mention of the Ukraine war or peace negotiations, signaling continuity and no resignation plans. This contributed to a further decline in market probability of his leaving office soon.
Putin delivers brief New Year speech, omits Ukraine peace talks
December 31, 2026 dips to 11%2%
Putin's short New Year's address avoided mention of peace negotiations or resignation, reinforcing expectations he would remain president, contributing to the market's low probability of his removal.
Historical note: Boris Yeltsin resigned on December 31, 1999, handing power to Putin
The market may have been influenced by the historical precedent of Yeltsin's resignation on December 31, but no similar action occurred in 2025, reinforcing the market's decline in probability for Putin's exit.
Russia Faces Economic Crisis with Oil and Gas Revenues Plummeting
December 31, 2026 dips to 9%4%
Energy revenues fell 34% year-on-year in November 2025, forcing increased borrowing and deepening economic instability, which likely contributed to market skepticism about Putin's ability to manage Russia's economy.
Putin states Russia will win war in Ukraine in televised New Year’s Eve address
December 31, 2026 dips to 11%1%
Putin’s televised speech reaffirmed his leadership and Russia’s resolve in the Ukraine conflict, signaling no intention to resign or be removed, which maintained low market expectations for his departure.
Putin delivers 2026 New Year address affirming Russia's future under his leadership
December 31, 2026 dips to 11%2%
In his New Year's Eve speech, Vladimir Putin emphasized the strength of the Russian people and Russia's determination to win the war in Ukraine, signaling his continued hold on power and rejecting any notion of stepping down. This reassured markets about his presidency, contributing to a slight price decline in the probability of his exit.
Putin marks 26 years in power during New Year’s address
Putin’s New Year’s address coincided with the 26th anniversary of his rise to power, reinforcing his long-standing control and diminishing speculation about imminent departure, which influenced the market's lower probability of his removal.
Putin ends 2025 with high approval ratings amid economic slowdown
December 31, 2026 dips to 10%3%
Polling showed Putin's approval rating at 85%, near all-time highs, indicating strong public support and political stability, which likely contributed to the market's reduced probability of his departure.
Putin's New Year Speech Omits Ukraine War and Peace Talks
December 31, 2026 dips to 12%1%
In his New Year's address, Putin spoke briefly about the Ukraine conflict and did not mention ongoing peace negotiations, signaling a steady continuation of his presidency without hinting at resignation or removal, which contributed to market stability.
Vladimir Putin uses New Year’s address to rally Russians around war
Putin delivered his traditional New Year’s address, emphasizing continued support for the war effort and marking 26 years in power, signaling no intention to resign or step down, which likely suppressed market expectations of his departure.
Putin Uses New Year’s Address to Rally Russians Around War
Putin’s New Year’s address on December 31, 2025, projected unity behind the war effort and reaffirmed his leadership, reducing market expectations of his resignation or removal.
Putin proposes constitutional changes to retain power beyond 2024
December 31, 2026 dips to 14%2%
Putin's proposal to amend the constitution to allow continued political influence beyond his presidential term reinforced market views that he would remain in power, contributing to the low probability of his early departure.
Putin's New Year Address Omits Ukraine War and Peace Talks
In his 2025 New Year's speech, Vladimir Putin spoke briefly about the Ukraine conflict and did not mention ongoing U.S.-mediated peace negotiations, signaling a continuation of his presidency without hinting at resignation or removal. This contributed to market stability and a slight decline in the probability of Putin leaving office by the end of 2026.
Historical reminder: Boris Yeltsin resigned on December 31
The market was reminded of the precedent set by Boris Yeltsin’s resignation on December 31, 1999, which led to Putin becoming acting president. This historical context likely influenced market speculation but did not translate into immediate expectations of Putin’s resignation in 2025.
Putin delivers muted New Year’s address reaffirming leadership
In his New Year’s Eve address, Putin emphasized Russia's future and strength without mentioning any plans to step down, reinforcing his continued presidency and contributing to market stability.
Vladimir Putin delivers New Year’s address rallying Russians around war
December 31, 2026 dips to 13%1%
Putin's New Year's speech reaffirmed his leadership and commitment to the war effort, signaling no intention to resign or step down, which likely contributed to the market's decline in the probability of his leaving office.
Russia claims Ukrainian drone strike on Putin's residence, threatening peace talks
December 31, 2026 dips to 13%1%
On December 30, 2025, Russia accused Ukraine of launching a drone attack on one of Putin's residences, escalating tensions and undermining peace negotiations. This incident highlighted ongoing conflict but did not affect Putin's status as president.
Putin delivers muted New Year address emphasizing unity and war victory
December 31, 2026 dips to 13%1%
Putin's New Year address on December 30, 2025, was brief and focused on rallying Russians around the war effort and national unity, with no indication of stepping down. This reinforced market confidence in his continued presidency through 2026.
Putin delivers brief New Year address emphasizing national strength and future
In his New Year address, Putin focused on national unity and strength without mentioning any plans to resign or transition, reinforcing expectations of his continued presidency.
Putin delivers New Year address expressing confidence in victory in Ukraine
December 31, 2026 dips to 10%3%
In his televised New Year speech, Putin rallied troops and the nation, emphasizing unity and continued leadership, which did not suggest any imminent resignation or removal.
Putin delivers defiant New Year address vowing victory in Ukraine war
December 31, 2026 dips to 10%3%
In his December 30, 2025 New Year address, Putin vowed victory in the Ukraine conflict and framed the war as vital to Russia's survival, reinforcing his leadership role and commitment to ongoing conflict, which likely suppressed market expectations of his departure.
Zelensky Denies Alleged Ukrainian Drone Attack on Putin's Residence
December 31, 2026 dips to 12%1%
Ukraine denied Russian allegations of a drone strike targeting one of Putin's residences, an incident that threatened to derail peace talks and escalate tensions but did not result in physical harm to the Russian leader.
Investigation reveals Putin's private hospital in mega mansion
An investigation highlighted Putin's focus on health and longevity with a private hospital in his mansion, fueling speculation about his health but not indicating any imminent resignation or removal, thus having limited impact on the market.
Analysis warns of Russia's economic and military strain entering 2026
Reports highlighted Russia's economic downturn, depleted military resources, and potential for hybrid escalation in 2026, suggesting increased internal pressures but no immediate political change in Putin's presidency. This context contributed to cautious market sentiment but did not trigger a significant price shift.
Russia claims Ukrainian drone attack on Putin's residence, threatening peace talks
December 31, 2026 rises to 13%1%
Russia alleged a Ukrainian drone strike on one of Putin's residences, which Kyiv denied, causing a setback in peace negotiations and increasing tensions, thereby maintaining uncertainty about Putin's political stability.
Putin enacts 2026 year-round conscription decree
On December 29, 2025, Putin signed a decree transitioning Russia’s conscription cycle to year-round, signaling ongoing military mobilization and his active role in governance. This action indicated Putin’s continued control and presence in office, reducing market expectations of his departure.
Alleged Ukrainian Drone Attack on Putin’s Residence Reported
On December 29, 2025, Russian Foreign Minister Sergey Lavrov claimed Ukrainian forces launched a large drone attack on Putin's Valdai residence, which Russia said was repelled. This incident heightened tensions and uncertainty about Putin's security and political stability, influencing market perceptions.
Putin falsely claims Ukrainian drone attack on his residence to justify tougher peace stance
December 31, 2026 dips to 14%2%
Putin alleged a Ukrainian drone attack on his Valdai residence, which was quickly disproven by the CIA, leading to increased skepticism about his willingness to negotiate peace and reinforcing his hold on power, causing a slight price drop from 16% to 14%.
Russia claims Ukraine attacked Putin's residence; Kyiv denies
Russian officials alleged a Ukrainian drone attack on Putin's Valdai residence, justifying a tougher negotiating stance, but Ukraine denied the claim, creating uncertainty but no indication of Putin's removal, causing minor market fluctuations.
Putin signs law allowing Russia to ignore foreign and international criminal rulings
December 31, 2026 dips to 13%1%
Putin signed legislation enabling Russia to disregard criminal rulings from foreign and international courts, signaling defiance against ICC warrants and reducing the likelihood of his removal through legal means.
Dozens of Russian city deputies publicly call for Putin's resignation
On January 13, 2026, dozens of municipal deputies from Moscow and St. Petersburg signed an open letter demanding Vladimir Putin's resignation, signaling internal political dissent. This event briefly raised market speculation about Putin's potential removal but did not lead to immediate changes in his presidency.
Russia alleges Ukrainian drone assassination attempt on Putin's residence
December 31, 2026 rises to 13%1%
Russian officials claimed Ukraine launched 91 drones in an assassination attempt on Putin's residence, escalating tensions and impacting peace negotiations. This event caused a temporary market reaction, increasing perceived risks to Putin's position but did not indicate imminent removal.
Putin agrees with Trump to continue diplomatic efforts on Ukraine conflict
On December 28, 2025, Putin held a telephone conversation with US President Donald Trump, agreeing to continue efforts to resolve the Ukraine conflict through working groups on security and economic issues. This diplomatic engagement suggested Putin's ongoing active role as president, reducing market expectations of his imminent exit.
Putin holds strategic meeting with military leadership ahead of US-Ukraine talks
Putin met with Russian General Staff and commanders to discuss military operations just before the US President’s meeting with Ukraine’s Zelensky, signaling no political change or resignation plans. This meeting aimed to project strength and continuity in leadership.
Trump and Zelenskyy Meet at Mar-a-Lago to Discuss Peace Plan After Productive Call with Putin
December 31, 2026 dips to 12%1%
High-stakes negotiations in Florida brought the sides closer to a potential peace deal, reinforcing the likelihood of a negotiated settlement rather than an abrupt, unmanaged regime change in Russia.
Putin and Trump agree to continue peace talks after Mar-a-Lago meeting
December 31, 2026 rises to 14%1%
Following a December 28, 2025, phone call, Putin and US President Donald Trump agreed to further discussions on peace, but no breakthrough occurred. This maintained uncertainty but did not signal Putin's removal, keeping market prices steady.
Putin and Trump discuss Ukrainian conflict, agree on working groups
A telephone conversation between Putin and U.S. President Trump resulted in agreement to continue diplomatic efforts via working groups on security and economic issues. Despite this, no indication emerged that Putin would step down, maintaining market skepticism about his removal.
Trump says Ukraine and Russia 'closer than ever' to peace after talks with Zelenskyy
December 31, 2026 dips to 12%2%
Following a lengthy phone call with Putin, US President Trump indicated progress toward peace between Russia and Ukraine, raising market speculation about potential shifts in Putin's position, though no direct impact on his presidency occurred.
Putin states Russia will achieve Ukraine goals by force if peace talks fail
December 31, 2026 dips to 13%1%
Putin publicly declared that if Ukraine does not seek peace, Russia will accomplish its objectives militarily, reinforcing his firm grip on power and no indication of stepping down.
Putin warns Ukraine not in hurry for peace, vows to achieve goals by force
On December 27, 2025, Putin publicly stated that Ukraine was not eager for peace and that Russia would achieve its objectives by force if necessary. This defiant stance underscored his control and determination to remain in power, which likely tempered market expectations of his early departure.
Putin warns Ukraine peace unlikely without forceful resolution
Putin stated that if Ukraine does not seek peace, Russia will achieve its goals by force, indicating a hardline stance and no sign of political retreat or resignation, which maintained low market probability for his exit.
Putin holds meetings with military amid stalled peace talks
December 31, 2026 dips to 13%4%
Putin met with top military officials approving their reports and instructed them to maintain strategic initiative, signaling no intention to step down despite ongoing peace negotiations. This reinforced market skepticism about Putin leaving office soon, contributing to a price drop from 17% to 13%.
Russian envoy Kirill Dmitriev speaks at Miami peace talks
Dmitriev participated in December 2025 Miami peace talks with U.S. negotiators, signaling Russia's diplomatic engagement despite Putin's resistance to the 90% complete peace deal.
Speculation Swirls That Putin Could Step Down Following a Post-War Peace Deal
Reports emerged suggesting that if a peace deal is finalized at the upcoming Mar-a-Lago meeting, Putin might step down in favor of a more moderate successor like Dmitri Kozak, having secured his legacy.
Putin indicates openness to territory swap but insists on full Donbas control
December 31, 2026 dips to 13%1%
Putin told top Russian businessmen he might accept swapping some Ukrainian territory but demanded the entire Donbas region, reflecting a hardline stance that suggested continuity in his presidency and no sign of stepping down.
Putin signals possible territory swap in Ukraine but insists on Donbas control
Putin told top Russian businessmen he might accept swapping some Ukrainian territory but insisted on retaining the entire Donbas region, indicating a firm stance on the war and no intention to resign or be removed.
Peace deal with Russia 90% complete but Putin stalls progress
European, U.S., and Ukrainian officials claimed a peace agreement with Russia was 90% complete by late December 2025, but Putin's Kremlin stalled the deal, maintaining a distant position from the draft terms. This prolonged uncertainty contributed to market skepticism about Putin stepping down.
Putin signals openness to partial territory swap in Ukraine peace talks
Putin indicated willingness to negotiate territorial exchanges while insisting on retaining Donbas, suggesting a pragmatic approach that tempered fears of abrupt political upheaval.
Russian military publicly showcases advances in Ukraine under Putin's leadership
Putin held multiple public meetings with military commanders flaunting claimed territorial gains, reinforcing his position and signaling no political instability or leadership change.
Putin open to partial territory swap in Ukraine but insists on Donbas
December 31, 2026 dips to 13%1%
Putin indicated willingness to swap some territories controlled by Russia in Ukraine but insisted on retaining the whole Donbas region, signaling no imminent political exit and maintaining his presidential authority.
Putin Declares 2026 the Year of Unity of the Peoples of Russia
President Putin issued an executive order to promote national unity and harmony in Russia for 2026, signaling a focus on internal stability and regime consolidation rather than political transition. This move likely reduced market expectations of his imminent departure.
Russia Reports Slow but Steady Progress in Peace Talks with United States
December 31, 2026 dips to 12%1%
Russian Foreign Ministry spokeswoman Maria Zakharova stated that talks with the U.S. regarding Ukraine were progressing constructively, signaling potential diplomatic stabilization rather than sudden regime disruption.
Putin briefed on U.S. proposals for Ukraine peace plan
On December 24, the Kremlin announced Putin was briefed on U.S. peace proposals for Ukraine, indicating ongoing diplomatic engagement but no sign of leadership change, which kept market prices steady.
Peace Deal Talks Stall Despite 90% Completion Claim
Diplomatic efforts to end the war with Ukraine were reported 90% complete but stalled due to Kremlin resistance, signaling Putin’s intent to maintain power and prolong conflict, which dampened market expectations of his exit.
Peace deal talks with Ukraine stall despite 90% completion claims
December 31, 2026 dips to 13%1%
Diplomatic efforts in December 2025 and January 2026 indicated a peace agreement with Ukraine was 90% complete, but Putin and the Kremlin stalled progress, maintaining the status quo and reducing likelihood of leadership change in the near term.
Peace deal with Russia reportedly 90% complete but Kremlin stalls
December 31, 2026 dips to 13%1%
European, U.S., and Ukrainian officials claimed a peace agreement with Russia was nearly finalized, but Putin’s government stalled progress, signaling no imminent leadership change and maintaining market skepticism about Putin leaving office.
Peace talks between Russia, Ukraine, and U.S. stall despite 90% agreement
December 31, 2026 dips to 13%1%
Diplomatic efforts to end the war were reported to be 90% complete but stalled due to Kremlin resistance, with Putin justifying delays. This prolonged conflict and lack of resolution contributed to market skepticism about any imminent change in Putin's presidency.
Peace deal talks 90% complete but Putin stalls agreement
Throughout December 2025 and January 2026, peace talks involving Russia, Ukraine, and the US reached 90% completion, but Putin stalled the agreement, avoiding direct confrontation. This indicated Putin's continued control and unwillingness to relinquish power or make concessions that might undermine his position.
Putin’s 2025 address signals institutionalization of wartime state and regime stability
December 31, 2026 dips to 13%1%
Putin’s December 2025 speech highlighted the permanent wartime state and incorporation of veterans into government, reinforcing regime stability and continuity. This institutionalization diminished market expectations of Putin leaving office soon.
Peace deal with Russia 90% complete but Kremlin stalls
December 31, 2026 dips to 13%1%
Diplomatic talks in December 2025 and January 2026 indicated a peace agreement with Russia was nearly finalized, but Putin’s Kremlin stalled progress, maintaining the status quo and reducing immediate risks of his removal. This prolonged conflict without resolution likely kept market probabilities low.
Putin's 2025 Address Reaffirms Strategic Initiative and Readiness for Peace
In his December 19 address, Putin emphasized Russia's military strategic initiative and readiness for peace on specific terms, reinforcing his control and signaling no intention to resign. This helped stabilize market expectations about his presidency continuing.
Putin holds annual year-end press conference emphasizing military and economic outlook
December 31, 2026 dips to 13%1%
Putin outlined battlefield developments and economic stability, showing no signs of stepping down. His firm stance on the Ukraine conflict and control over domestic issues reinforced market expectations of his continued presidency.
Putin proposes constitutional changes limiting presidential power post-2024
Putin's announcement of constitutional reforms aimed at redistributing power away from the presidency suggested a planned transition of authority, impacting market views on his continued presidency.
Putin stalls peace deal despite 90% completion claims
December 31, 2026 dips to 13%1%
European, U.S., and Ukrainian officials claimed a peace agreement with Russia was 90% complete, but Putin's Kremlin stalled the deal, avoiding direct confrontation and maintaining his position. This reduced market optimism about political instability leading to Putin's exit.
Peace deal talks with Russia 90% complete but Kremlin stalls
December 31, 2026 dips to 13%1%
European, U.S., and Ukrainian officials reported that a peace agreement with Russia was 90% complete, but Putin's Kremlin stalled progress, signaling his reluctance to concede or step down, which maintained market skepticism about his departure.
Putin holds end-of-year press conference focusing on Ukraine war
Putin's December 19 press conference reiterated his stance on the Ukraine conflict and his leadership role, with no indication of resignation or removal. This maintained market expectations of his continued presidency.
Putin's year-end Q&A shows no compromise on Ukraine war terms
In his annual event, Putin reaffirmed his stance on the Ukraine war with no indication of willingness to compromise or step down, which likely contributed to the market's stable low probability of his leaving office within the timeframe.
Putin offers no compromise on Ukraine war terms at annual Q&A
In his end-of-year event, Putin firmly rejected any compromise on the war in Ukraine, signaling his intent to maintain his presidential role and policies, which kept market confidence in his continued presidency stable.
Putin Delivers Year-End Address Emphasizing War Effort and Stability
December 31, 2026 dips to 12%1%
On December 19, 2025, Vladimir Putin gave a year-end address reinforcing his commitment to Russia's war efforts and national stability, signaling no intention to step down. This reassured supporters but did not alleviate concerns about his long-term hold on power, contributing to a slight market price decline.
Putin Reaffirms Maximalist War Aims in Annual Q&A, Rejects Peace Compromise
December 31, 2026 dips to 13%1%
During his year-end call-in show, Putin reiterated his uncompromising stance on the Ukraine war, signaling no intention to step down or negotiate peace. This reinforced perceptions of his continued grip on power, contributing to the market's decline in the probability of his early exit.
Putin asserts Russia will meet military goals in Ukraine at year-end press conference
At his annual year-end press conference, Putin expressed confidence in Russia's military progress and stated that the Kremlin's goals in Ukraine would be achieved if Kyiv did not accept Russia's conditions, reinforcing his hold on power and commitment to the conflict.
Putin holds year-end press conference, offers no compromise on Ukraine war
December 31, 2026 dips to 13%1%
At his annual press conference, Putin reiterated his stance on the Ukraine conflict without signaling any intention to resign or relinquish power. His firm position likely contributed to market stability and a slight price decline reflecting low removal probability.
Putin holds annual end-year press conference focusing on Ukraine war
Putin's December 19 press conference emphasized the ongoing war in Ukraine without signaling any intention to resign or leave office, maintaining market confidence in his continued presidency.
Putin holds annual year-end press conference amid Ukraine war
Putin reaffirmed Russia's military and economic outlook, emphasizing strategic initiative and rejecting compromise on Ukraine war terms, which maintained his position and reduced market expectations of his removal.
Putin reaffirms strategic initiative in Ukraine war during year-end address
In his December 19 address, Putin highlighted Russian military advances and framed the conflict as a strategic success, reinforcing his leadership and reducing market expectations of his removal.
Putin Vows No More Invasions if West Treats Russia with Respect During Direct Line Marathon
December 31, 2026 dips to 13%1%
During his annual televised 'Direct Line' press conference, Vladimir Putin projected confidence, addressed economic concerns, and outlined conditions for ending the war in Ukraine, signaling his intention to remain firmly in control.
Putin Holds Year-End Q&A Addressing Domestic and War Issues
On December 19, 2025, Putin answered questions from citizens and media, reinforcing his leadership and addressing ongoing war and political issues, which helped maintain market confidence in his continued presidency.
Putin holds annual end-of-year Q&A focusing on Ukraine war
December 31, 2026 rises to 14%1%
On December 19, 2025, Vladimir Putin held his annual press conference emphasizing the ongoing war in Ukraine, reinforcing his position as Russia's leader and signaling no intention to step down. This event helped maintain market confidence in Putin's presidency.
Putin holds annual news conference affirming military goals in Ukraine
Putin expressed confidence in achieving military objectives in Ukraine, reinforcing his leadership and control. This public show of strength likely reduced market expectations of his early departure.
Putin delivers annual year-end address reaffirming leadership and war stance
December 31, 2026 dips to 12%2%
In his year-end address, Putin reaffirmed Russia's readiness for peace on his terms and emphasized stability and sovereignty, signaling continued control and no indication of stepping down, which stabilized market expectations.
Putin delivers 2025 Year-End Address reaffirming leadership and policy direction
December 31, 2026 dips to 14%2%
In his December 19, 2025, address and press conference, Putin emphasized continuity in governance and Russia's strategic posture, signaling no intention to resign or step down. This reinforced market confidence in his continued presidency through 2026, contributing to stable or slightly declining probabilities for his departure.
Putin holds end-of-year press conference focusing on Ukraine war
December 31, 2026 rises to 16%2%
On December 19, 2025, Putin addressed the ongoing conflict in Ukraine, emphasizing Russia's military posture and strategic initiatives, which reassured supporters of his continued leadership and contributed to market stability.
Putin signals readiness for prolonged war and promises new success
December 31, 2026 dips to 12%2%
At his year-end press conference, Putin showed no signs of resignation or removal, emphasizing continued leadership and commitment to Russia's war efforts, which further diminished market expectations of his departure by end 2026.
Putin reaffirms commitment to war aims at annual press conference
December 31, 2026 dips to 13%1%
In his marathon year-end press conference, Putin reiterated his determination to continue pursuing his objectives in Ukraine, signaling no intention to step down or alter his presidency, which contributed to market price stabilization at a low probability of exit.
Putin asserts Kremlin's military goals in Ukraine will be met
At his annual year-end press conference, Putin reaffirmed Russia's commitment to its military objectives in Ukraine, signaling no intention to step down or alter his leadership role, which maintained market skepticism about his removal.
Putin holds annual press conference, vows to meet military goals in Ukraine
Putin's year-end press conference reiterated his commitment to achieving Russia's objectives in Ukraine by force if necessary, reinforcing his control and reducing market expectations of his stepping down within 2026.
Putin holds marathon year-end press conference reaffirming leadership and war stance
December 31, 2026 dips to 13%1%
Vladimir Putin conducted a 4.5-hour press conference addressing various topics including the war in Ukraine, showing no indication of stepping down and reinforcing his control, which maintained market skepticism about his removal.
Putin offers to suspend deep strikes during potential Ukraine vote
December 31, 2026 dips to 13%1%
At his year-end press conference, Putin proposed suspending deep strikes if a Ukraine vote occurs but maintained that Russia is not ready to settle the conflict without meeting its demands, signaling continued leadership and no indication of stepping down.
Putin to hold 2025 year-end press conference with Q&A session
Putin's December 19 press conference reaffirmed his leadership and offered no indication of resignation or removal, maintaining market confidence in his continued presidency.
Putin to Hold 2025 End-of-Year Presser Combined With Q&A Session
On December 19, 2025, Vladimir Putin held a press conference answering questions from citizens and media, reinforcing his active role as president and signaling no intention to resign or step down, which maintained market confidence in his continued presidency.
Putin attends Ashgabat forum, maintaining public presence
Putin's participation in the Ashgabat forum and bilateral meetings demonstrated his continued active role in governance, reassuring markets about his hold on power despite health rumors and internal challenges.
Retired Russian generals publicly call for Putin's resignation over Ukraine war
Retired Colonel-General Leonid Ivashov and other officers criticized Putin's Ukraine strategy and called for his resignation, highlighting internal dissent but without triggering immediate political change, contributing to market uncertainty.
Putin reassures Venezuela's Maduro of Moscow's support in call
December 31, 2026 dips to 13%1%
On December 11, Putin held a call with Venezuela's Maduro reaffirming support, demonstrating ongoing presidential activity and international engagement, which did not indicate any cessation of his presidency.
Retired Russian General Calls for Putin's Resignation Over Ukraine War
December 31, 2026 dips to 14%3%
Retired Colonel-General Leonid Ivashov publicly urged Vladimir Putin to resign or be constitutionally removed due to the ongoing Ukraine conflict, highlighting internal dissent among military officers. This statement briefly raised market concerns about Putin's tenure but lacked immediate political impact.
Kremlin-affiliated ally calls for forced removal of Ukrainian leader amid peace talks
On December 10, Kremlin-affiliated Viktor Medvedchuk publicly called for the forced removal of Ukrainian President Zelensky, signaling continued Russian political strategy but no indication of Putin's removal. This reinforced perceptions of Putin's firm control, keeping market prices stable.
Putin outlines strategic development plans for 2026
Putin's December 9 meeting on strategic development and national projects demonstrated his active governance and control over Russia's future plans, reinforcing market confidence in his ongoing presidency.
Putin outlines six strategic priorities for Russia in 2026
President Putin presented six key tasks for 2026, emphasizing demographic, economic, and technological development, signaling continuity of his leadership and government policies. This reinforced market confidence in Putin's ongoing presidency.
Putin holds talks with Indian Prime Minister Modi reaffirming Moscow-New Delhi ties
Putin's December 5 visit to India and talks with PM Modi reinforced Russia's international alliances and Putin's active role as president, reducing market fears of imminent leadership change.
Putin warns Ukraine troops must withdraw from Donbas or Russia will seize it
President Vladimir Putin reiterated a hardline stance rejecting compromise over the war in Ukraine, signaling no intention to step down or alter his presidential role, which likely contributed to market stability around his continued presidency.
Putin attends India-Russia Annual Summit, demonstrating continued presidential authority
December 31, 2026 dips to 14%1%
Putin's participation in the India-Russia Annual Summit in December 2025 underscored his ongoing control and presence as president, which contributed to the market's low probability of his removal within the timeframe.
ICC confirms Putin arrest warrant remains despite peace talks
The International Criminal Court stated that arrest warrants for Putin will remain active even if peace talks lead to amnesty, underscoring ongoing legal pressures but no immediate effect on his presidency.
Kremlin announces Putin's year-end Direct Line Q&A session for December 19
The announcement of Putin's scheduled public engagement reinforced his continued leadership and presence in Russian politics, signaling stability and reducing market expectations of his early exit.
Putin vows to seize Donbas region by any means amid peace talks
On December 4, 2025, Putin declared Russia's intent to seize Ukraine's Donbas region by military or other means, signaling no compromise in territorial demands. This hardened stance further reduced market expectations of his early exit from the presidency.
Putin reiterates commitment to war aims in interview ahead of India visit
Putin's interview reaffirming his war aims and unwillingness to compromise signaled political stability and continuity in leadership, reducing market expectations of his departure within the timeframe.
Putin vows Russia will seize Donbas region by any means
On December 4, Putin reiterated his commitment to capturing the Donbas region militarily or otherwise, signaling continued aggressive policy and leadership continuity, which diminished market speculation about his presidency ending soon.
Putin reiterates war aims and rejects compromise in India interview
In an interview ahead of his India visit, Putin emphasized that Russia will end the Ukraine war only after achieving his original goals, rejecting compromise and demanding NATO rollback. This reinforced expectations of Putin's continued leadership and reduced speculation about his removal.
Putin's Scheduled December Q&A and India Visit Confirm Continued Leadership
Putin's planned annual Q&A session and state visit to India in December 2025 demonstrated his active role in governance and international diplomacy, reinforcing market confidence in his ongoing presidency and lowering chances of early departure.
Analysis highlights regime transition without clear successor for Putin
December 31, 2026 dips to 14%2%
Reports indicated that personnel changes and political restructuring in 2024-2025 marked the start of a regime transition concentrating authority in Putin's hands but delegating routine management, suggesting no imminent departure.
Putin's regime faces economic and military crises amid war stalemate
December 31, 2026 dips to 13%3%
By late 2025, Russia was trapped in a costly war of attrition in Ukraine with severe economic strain, including falling energy revenues and rising borrowing. These pressures heightened speculation about Putin's political future but did not trigger his removal.
Putin vows to take full control of Ukraine's Donbas region militarily or otherwise
December 31, 2026 rises to 16%2%
In an interview, Putin reaffirmed his commitment to securing the Donbas region by force if necessary, signaling no intention to step down or change course despite military and economic pressures, which likely stabilized market expectations about his presidency.
Putin meets US envoys in Moscow, reiterates firm stance on Ukraine
Putin met with US special envoy Steve Witkoff and Jared Kushner, reaffirming Russia's objectives in Ukraine and rejecting compromises on key demands, signaling his continued control and leadership role.
Putin warns Europe of readiness for war ahead of Ukraine peace talks
Putin publicly declared Russia's readiness for war with Europe on December 2, reinforcing his strong leadership stance and signaling no intention to step down or negotiate from a weakened position, which likely lowered market expectations of his removal.
Putin doubles down on threats toward Europe ahead of US peace talks
December 31, 2026 rises to 14%1%
Ahead of peace talks with the US, Putin declared Russia was ready for war with Europe, signaling a hardline stance and continued control over Russian policy. This reinforced expectations of his ongoing presidency and reduced market odds of his removal.
Putin declares Russia ready for war with Europe ahead of peace talks
On December 2, 2025, Putin stated Russia was 'ready' for war if Europe sought one, doubling down on threats amid peace talks with the U.S. This assertive stance reinforced his active role and control, diminishing market speculation about his resignation or removal.
Putin meets US envoys to discuss revised Ukraine peace proposal
December 31, 2026 dips to 13%2%
On December 2, Putin met with US special envoy Steve Witkoff and Jared Kushner in Moscow to discuss a revised 28-point peace plan for Ukraine. This high-profile diplomatic engagement underscored Putin's active leadership role, with no signs of resignation or removal, influencing market sentiment downward slightly.
Putin meets U.S. envoys, reiterates firm stance on Ukraine
On December 2, 2025, Putin met with U.S. representatives, emphasizing Russia's demands and rejecting concessions on Ukraine. This reinforced his position and diminished market expectations of his stepping down before the end of 2026.
Putin meets US envoys and doubles down on threats to Europe before Ukraine peace talks
Putin's engagement in diplomacy combined with aggressive rhetoric reinforced his active leadership role, reducing market speculation about his stepping down before the end of 2026.
Putin rejects US-Ukrainian peace proposal, signals continuation of war aims
On December 2, 2025, Putin publicly rejected a US-Ukrainian peace plan, maintaining maximalist war demands and signaling no intention to relinquish power or change course. This contributed to market stability at a low Yes probability.
Putin answers journalists amid ongoing political tensions
Putin's public engagement with journalists amid ongoing political and economic challenges reassured some market participants of his continued hold on power, contributing to a slight price stabilization.
Putin warns Europe: Russia ready for war if provoked
On the eve of peace talks, Putin publicly warned Europe that Russia was prepared for war, signaling a hardline stance and consolidating his authority. This assertiveness likely diminished market expectations of his stepping down or being removed soon.
Putin answers journalists' questions amid ongoing political uncertainty
Putin held a public Q&A session addressing various issues, reinforcing his active role as president and diminishing speculation about his imminent departure, contributing to a further decline in market probability for his removal.
Putin meets US envoys, warns Russia ready for war with Europe
December 31, 2026 rises to 16%2%
On December 2, 2025, Putin met with US envoys and warned Europe of readiness for war, reinforcing his strongman image and signaling no intention to resign. This event likely sustained the market's low probability of his early exit.
Putin’s government resigns amid constitutional changes and political uncertainty
December 31, 2026 dips to 14%2%
Following Putin’s proposal for constitutional reforms, the resignation of the government led by Dmitry Medvedev signaled political restructuring but reinforced Putin’s central role, dampening market expectations of his departure before 2026 end.
Putin Affirms Readiness for War with Europe Ahead of Peace Talks
December 31, 2026 dips to 14%3%
Putin's public declaration of readiness for war with Europe ahead of peace talks signaled his unyielding stance and control over Russia's military and political direction, likely reducing market expectations of his imminent removal.
Resignation of Ukrainian presidential aide Andriy Yermak amid peace talks
December 31, 2026 dips to 13%1%
Andriy Yermak resigned as head of the Office of the President of Ukraine, signaling shifts in Ukraine's negotiating team during ongoing peace talks with Russia. This event affected market perceptions of the conflict's trajectory and Putin's political stability, influencing the December 31, 2026 outcome price.
Putin details peace negotiation stance, rejecting compromises short of original war goals
On November 28, 2025, Putin publicly articulated a firm position on Ukraine peace talks, emphasizing either Ukrainian diplomatic concession or Russian military victory. This reinforced his political resolve and diminished speculation about his stepping down.
Reports Reveal Dmitry Kozak Criticized Ukraine War in Letter to Putin Before Resigning
December 31, 2026 dips to 12%2%
Investigative reports detailed that former deputy chief of staff Dmitry Kozak strongly criticized the invasion of Ukraine in a letter to Putin before stepping down, highlighting the complete marginalization of critics within the regime.
Ex-Kremlin deputy chief Dmitry Kozak condemned Ukraine war in letter before resignation
Reports revealed Kozak submitted a strongly worded letter to Putin condemning the war alongside his resignation, underscoring growing elite dissatisfaction. This reinforced market doubts about Putin's stability but did not indicate imminent removal.
Putin hosts Hungary's Orban for talks on energy and Ukraine
Putin's meeting with Hungarian Prime Minister Viktor Orban, an EU and NATO leader, underscored his continued role as Russia's president and his active engagement in international diplomacy, reinforcing market confidence in his incumbency.
Kremlin insider Dmitry Kozak criticizes Ukraine war in letter before resigning
December 31, 2026 dips to 14%1%
Dmitry Kozak's resignation and his critical letter on the Ukraine war highlighted internal dissent within Putin's circle, raising concerns about political stability but not directly threatening Putin's presidency.
Zelenskyy's chief of staff resigns amid corruption investigations
December 31, 2026 dips to 15%2%
While significant for Ukraine, this event had no direct impact on Putin's presidency or indications of his removal. It likely had minimal or no effect on the market for Putin's exit.
Andriy Yermak resigns as Ukraine's chief of staff amid scandal
The resignation of Ukraine's chief of staff following a corruption scandal was a significant political event but did not directly affect Putin's presidency. It influenced peace negotiations but did not increase the likelihood of Putin leaving office.
Putin discusses Ukraine conflict and peace negotiations publicly
December 31, 2026 rises to 16%1%
Putin gave detailed remarks on the Ukraine conflict and peace negotiations, signaling his continued active role in governance, which may have reassured some market participants about his presidency lasting through December 31, 2026.
Kremlin insider Dmitry Kozak resigns after criticizing war in letter to Putin
December 31, 2026 dips to 14%2%
Dmitry Kozak's resignation and his critical letter on the Ukraine war highlighted internal dissent within Putin's administration, contributing to market uncertainty but not confirming Putin's removal.
Andriy Yermak resigns as head of Ukraine's Presidential Office
December 31, 2026 rises to 17%3%
Andriy Yermak's resignation in November 2025 reduced the impact of Ukrainian corruption scandals on peace negotiations, signaling a potential shift in diplomatic dynamics but not directly affecting Putin's presidency status. This event coincided with a minor price trough and subsequent rebound in the market.
Putin Offers Written Guarantees of No Attack on Europe and Signals Openness to Peace Talks
Speaking at the CSTO summit in Bishkek, Putin dismissed fears of a Russian invasion of Europe as ridiculous and expressed willingness to document this guarantee, while projecting confidence in Russia's geopolitical position.
Putin denies plans to attack Europe, offers written guarantee against invasion
December 31, 2026 rises to 16%2%
At the CSTO summit, Putin dismissed claims of Russian plans to invade Europe as lies and offered to guarantee in writing no attack on European nations, projecting confidence and stability in his leadership. This reassured markets about regime continuity.
Putin says US-backed peace plan as framework is OK ‘in general’
December 31, 2026 dips to 14%2%
Putin expressed conditional acceptance of the US-backed peace plan framework but insisted on Russia's territorial demands, signaling his continued control and unwillingness to compromise fully. This stance suggested stability in his presidency, contributing to a decline in market expectations of his removal.
Putin says US-Ukraine peace text could form basis for future deal
Putin acknowledged the US-Ukraine peace proposals as a potential framework but insisted on territorial concessions, signaling no immediate leadership change and stabilizing market sentiment.
Putin reaffirms readiness for war, rejects major concessions
At the CSTO summit, Putin declared Russia's readiness for war if Europe seeks it and rejected significant territorial concessions, signaling a continuation of his current policies. This stance likely decreased market expectations of his imminent departure, reflected in stable low prices for his removal.
Putin attends CSTO summit, endorses US peace plan framework with conditions
At the Collective Security Treaty Organization summit in Bishkek on November 27, 2025, Putin expressed conditional acceptance of the US-backed peace plan as a framework, showing diplomatic engagement but no sign of stepping down. This event sustained market expectations of Putin's continued presidency.
Putin doubles down on demands for Ukrainian territory ahead of US talks
Putin reiterated his core demands for Ukraine to withdraw from territories claimed by Russia, signaling no intention to compromise or step down. This hardened stance likely reinforced market views of Putin's continued presidency through 2026.
Putin signals readiness for serious peace talks on Ukraine conflict
December 31, 2026 dips to 15%1%
Putin publicly stated Russia's willingness for serious peace discussions based on a U.S.-Ukraine draft plan, indicating a pragmatic approach that maintained his presidential authority and reduced market uncertainty about his tenure.
Putin Expresses Openness to US-Backed Peace Plan Framework
December 31, 2026 rises to 15%1%
At the CSTO summit, Putin stated that a leaked US-backed peace plan could serve as a basis for future agreements, though he maintained firm territorial demands.
Putin signs document to strengthen Russian identity in occupied Ukraine
On November 26, 2025, Putin signed a document emphasizing the need to increase Russian identity and language use in parts of Ukraine annexed by Russia. This action demonstrated Putin's continued active role in policy and governance, signaling no indication of stepping down.
Putin cautiously optimistic on US peace plan for Ukraine
December 31, 2026 dips to 14%2%
On November 26, 2025, Vladimir Putin expressed cautious optimism regarding a US 28-point peace plan to end the Ukraine war, signaling potential diplomatic shifts. This tempered market expectations of abrupt regime change, contributing to the stabilization of the "Yes" outcome price.
Putin calls for strengthening Russian identity in Ukraine's annexed regions
December 31, 2026 dips to 14%2%
Putin signed a document mandating increased efforts to promote Russian identity and language in Ukrainian territories annexed by Russia, signaling continued political control and no indication of stepping down. This reinforced market confidence in his ongoing presidency.
Putin attends Russian-Kyrgyz talks signaling continued presidential activity
December 31, 2026 dips to 15%1%
On November 26, Putin's active participation in diplomatic talks with Kyrgyzstan demonstrated his ongoing role as president, reinforcing market confidence that he would remain in office through the near term.
German Chancellor says Putin cannot leave Ukraine war successfully
German Chancellor Friedrich Merz publicly stated that Putin has no viable option to exit the Ukraine war successfully, reinforcing perceptions of Putin's entrenched position and reducing speculation about his imminent resignation or removal.
Putin attends summit in Tajikistan amid limited public appearances
Putin's rare public engagement at a summit raised questions about his health and leadership continuity, but he remained in office with no indication of resignation or removal, maintaining market stability at a low level.
Putin reiterates no concessions in Ukraine conflict during Kyrgyz talks
During talks in Bishkek, Putin emphasized that Russia would not deviate from its key goals in the Ukraine conflict, signaling a strong commitment to maintaining his presidential role and policies, which likely tempered market expectations for his early departure.
Putin's Ukraine War Strategy Under Scrutiny Amid German Chancellor's Statement
December 31, 2026 dips to 13%3%
German Chancellor Friedrich Merz stated Putin has no option to leave the Ukraine war successfully, intensifying pressure on Putin's leadership and signaling potential instability in Russia's military and diplomatic posture.
Putin reaffirms no concessions in Ukraine conflict during Kyrgyz talks
At a press statement following talks with Kyrgyz President Sadyr Japarov, Putin emphasized that no concessions or changes to Russia's military objectives would be accepted, reinforcing his commitment to remain in power and continue the conflict. This stance likely contributed to a stable but low market probability for his departure.
Putin affirms no concessions in Ukraine conflict during Kyrgyz talks
During talks in Bishkek, Putin stated that no concessions or changes to Russia's military goals would be made, signaling his intent to maintain power and continue the conflict, which likely reduced market expectations of his early departure.
German Chancellor states Putin cannot leave Ukraine war successfully
German Chancellor Friedrich Merz publicly declared that Vladimir Putin has no viable option to exit the Ukraine war successfully, signaling continued conflict and political pressure but no immediate threat to Putin's presidency. This statement likely reinforced market skepticism about Putin's imminent removal.
Putin rejects concessions in Kyrgyz talks, affirming war goals
During talks in Bishkek, Putin and his officials firmly rejected any concessions related to the Ukraine conflict, signaling a continuation of his presidency and war policies, which maintained market skepticism about his imminent departure.
Putin reaffirms no concessions on military goals during Kyrgyz talks
December 31, 2026 rises to 15%1%
Putin publicly stated that Russia would not deviate from its military objectives, signaling political stability and no indication of stepping down, which helped maintain market confidence in his presidency.
Release of 2026 Putin calendar highlights his continued public prominence
December 31, 2026 drops to 14%5%
The publication of a popular 2026 calendar featuring Putin in various active poses reinforced his image as a strong leader, supporting market sentiment of his ongoing presidency.
Putin signals readiness for war amid US peace drive
December 31, 2026 rises to 16%2%
Putin declared Russia's readiness to continue fighting in Ukraine despite US peace efforts, reinforcing his grip on power and reducing market expectations of an imminent exit.
Putin visits military command post, asserts confidence in victory in Ukraine
Putin's public visit to a military command post and his confident messaging about battlefield advances reinforced his grip on power and diminished market expectations of his removal by end of 2026.
Putin watches as US-Russia peace plan leaks cause disarray among allies
December 31, 2026 dips to 14%2%
The leaked 28-point US-Russia peace proposal created confusion among Washington, Kyiv, and European capitals, a situation Putin exploited to maintain leverage. His passive stance and control over negotiations indicated no sign of stepping down, further lowering market expectations of his removal.
Putin endorses US peace plan as basis for settlement but warns of continued fighting
December 31, 2026 dips to 15%2%
Putin indicated willingness to consider the US 28-point peace plan pending meaningful discussion, while also warning that Russia could continue military operations if negotiations fail. This stance suggested Putin's active leadership role and no sign of stepping down, influencing market sentiment downward.
Hundreds in Putin's hometown sing anti-war song, signaling dissent
December 31, 2026 rises to 16%1%
On November 23, 2025, a viral video showed hundreds in St. Petersburg publicly singing a forbidden anti-war song, reflecting growing public dissent against Putin's regime. This act of defiance highlighted internal instability but did not directly indicate Putin's removal, influencing market sentiment moderately.
Growing dissent among Russian military officers calls for Putin's resignation
By late November, retired and active Russian officers publicly questioned Putin's Ukraine strategy and called for his resignation, highlighting internal pressures that contributed to market uncertainty but stopped short of triggering immediate removal.
Retired generals publicly call for Putin's resignation amid war dissent
December 31, 2026 rises to 16%3%
Retired Colonel-General Leonid Ivashov and others openly criticized Putin's Ukraine war strategy and demanded his resignation, highlighting internal dissent but no immediate removal.
Retired general calls for Putin resignation over Ukraine war
December 31, 2026 dips to 14%1%
Retired Colonel-General Leonid Ivashov, head of the All-Russian Officers Assembly, publicly called for Vladimir Putin to resign or be forced out by constitutional procedures, citing the Ukraine war as draining Russia's resources.
US Secretary of State Rubio arrives in Geneva for Ukraine war talks
Marco Rubio's arrival in Geneva for discussions on a US plan to end the Ukraine war indicated ongoing diplomatic efforts but no immediate pressure on Putin to resign, maintaining market skepticism about his removal.
Putin delivers brief address at Moscow stadium amid ongoing war
On November 23, 2025, Putin gave a notably short speech to a large crowd in Moscow, reaffirming his leadership during a critical phase of the Ukraine conflict. This event underscored his continued control and presence, which likely tempered market expectations of his imminent departure.
US Secretary of State arrives in Geneva for Ukraine peace talks
December 31, 2026 dips to 14%2%
Marco Rubio's arrival in Geneva for discussions on a US plan to end the Ukraine war signaled ongoing diplomatic efforts, but with Putin's demands unresolved, the market remained skeptical about a near-term leadership change in Russia.
Putin dismisses Ukraine peace plan, insists on maximalist demands
December 31, 2026 dips to 16%1%
Putin publicly rejected the US peace plan for Ukraine, emphasizing his maximalist territorial and security demands, signaling no intention to step down or compromise, which kept market confidence in his presidency stable but low.
Retired Russian generals publicly call for Putin's resignation over Ukraine war
December 31, 2026 dips to 14%2%
Growing dissent among military elites, including calls for Putin to resign due to the Ukraine conflict's toll, increased market concerns about Putin's political future, impacting the probability of his removal.
Putin cautiously endorses US peace plan as basis for settlement
December 31, 2026 dips to 14%2%
Putin publicly stated that the US-proposed peace plan could serve as a framework for ending the Ukraine conflict, showing diplomatic engagement without conceding key demands. This tempered market expectations of a sudden leadership change, contributing to a further decline in the probability of Putin's removal.
Putin endorses US peace plan as basis for future Ukraine agreement
December 31, 2026 dips to 14%2%
Putin's statement supporting the US peace plan as a negotiation basis suggested willingness for dialogue but no immediate leadership change, aligning with stable market prices near 14%.
Putin endorses U.S. peace plan as basis for future Ukraine peace
December 31, 2026 dips to 14%1%
On November 21, 2025, Putin publicly stated that the U.S. peace plan could serve as a basis for peace in Ukraine, indicating a willingness to engage diplomatically but without committing to resignation or removal, which kept market probabilities low.
Putin says US peace plan could be basis for Ukraine peace but demands remain
December 31, 2026 dips to 16%1%
On November 21, 2025, Putin acknowledged the US peace proposal as a potential basis for settlement but insisted on key demands, showing no readiness to compromise or step down. This stance maintained market skepticism about his early departure.
Putin addresses US-proposed 28-point peace plan at Security Council
December 31, 2026 dips to 14%2%
On November 21, 2025, Putin publicly discussed the US peace plan, signaling willingness to engage on terms favorable to Russia, which influenced market perceptions by reducing immediate fears of his removal.
Putin addresses Security Council on U.S. peace plan, signals continued leadership
On November 21, 2025, Putin chaired a Security Council meeting discussing the U.S.-proposed peace plan, reaffirming his leadership role and Russia's war aims. This reinforced market views that Putin would remain president through at least the end of 2026, contributing to the low probability of his early exit.
Ukrainian President Zelenskyy addresses nation amid ongoing conflict
Heightened conflict dynamics and international attention on the Ukraine war maintained pressure on Putin's regime, indirectly influencing market perceptions of his political stability.
Putin Backs U.S. 28-Point Peace Plan as Basis for Final Ukraine Settlement
December 31, 2026 dips to 14%1%
Vladimir Putin cautiously welcomed a U.S.-proposed peace plan that aligned with many of Moscow's demands, demonstrating his strong diplomatic leverage and lowering the likelihood of his removal.
Kremlin states Putin does not personally use AI but officials do
December 31, 2026 dips to 14%1%
The Kremlin's statement that Putin himself does not use AI tools but officials do, alongside his call for a national AI task force, indicated ongoing active governance and no signs of stepping down, contributing to market decline in exit probability.
Putin visits Western Grouping of Forces command post in military uniform
December 31, 2026 rises to 16%2%
On November 20, Putin's public appearance in military uniform demonstrated his firm position and ongoing control, countering rumors of his removal. This event helped stabilize market prices around 14-16%, indicating continued confidence in his presidency.
Putin visits western troop command post amid Ukraine war
Putin's public visit to a military command post reinforced his active leadership role in the ongoing conflict, countering rumors of removal and stabilizing market expectations about his presidency.
Kremlin Confirms Putin Does Not Personally Use AI, Officials Do
December 31, 2026 rises to 14%1%
On November 20, 2025, the Kremlin stated that Putin himself does not use AI tools, but officials working for him do. This event indicated ongoing normalcy in Putin's administration and no signs of political upheaval, coinciding with the market's low confidence in his removal by December 31, 2026.
Putin publicly acknowledges mortality after meeting AI-powered dancing robot
Putin's remarks about not living forever during a public event highlighted ongoing health concerns and the personal awareness of his mortality, which may have influenced market sentiment about his future in office.
Putin announces 2024 re-election bid, signaling intent to remain in power
On November 20, 2025, Putin publicly announced his bid for re-election in 2024, reinforcing his commitment to remain President and reducing market speculation about his imminent removal or resignation.
Analysis highlights regime transition signs but no clear Putin successor
December 31, 2026 dips to 14%2%
Personnel changes and reorganization in 2024-2025 indicate a transformation in Putin's regime with authority still concentrated in his hands, suggesting a managed transition rather than imminent removal, which tempered market expectations for a 'Yes' outcome.
Russian government resigns amid constitutional changes and governance reshuffle
December 31, 2026 rises to 16%2%
The Russian government resigned, and Putin proposed constitutional changes limiting presidential power, signaling a potential transition strategy but not an immediate end to Putin's presidency. This contributed to market uncertainty about Putin's long-term hold on power.
Analysis highlights lack of smooth succession plan for Putin
An article emphasized that despite constitutional provisions, Putin's succession remains uncertain due to lack of support for the formal successor among key security elites, indicating regime continuity and no immediate leadership change.
Analysis highlights uncertainty over Putin's succession among Moscow elite
December 31, 2026 dips to 15%1%
Reports on the siloviki elite's internal dynamics suggested no clear successor or imminent transition, supporting market views that Putin would remain president through the near term.
Report: Moscow elite ensure no smooth succession for Putin
December 31, 2026 rises to 16%2%
A report detailed how the Russian leadership has engineered a system where constitutional succession is largely symbolic, with real power held by security elites. This diminished market confidence in a near-term presidential change, stabilizing prices at a lower level.
Putin calls for national AI task force at Moscow conference
On November 19, Putin's active engagement in technological initiatives, including calling for a national AI task force, demonstrated his ongoing leadership role and political stability, which likely contributed to the market's low probability of his early departure.
Analysis highlights leadership contenders' focus on personal luxury over geopolitical crusades
December 31, 2026 dips to 14%2%
Commentary on the Moscow siloviki elite suggested that potential successors to Putin may prioritize personal interests over geopolitical ambitions, indicating no immediate threat to Putin's presidency and contributing to market skepticism about his imminent exit.
Putin meets Chinese Premier Li Qiang in Moscow
On November 19, Putin met with China’s Premier Li Qiang, signaling ongoing diplomatic engagement and political stability, which likely contributed to the market settling at a lower probability of Putin’s exit by December 31, 2026.
Analysis highlights potential successors amid Putin's regime transition
Reports on November 19 discussed the ongoing transformation of Putin's regime and the emergence of potential successors, reflecting a managed transition rather than an abrupt end to Putin's presidency, which contributed to market price stabilization.
Putin meets Togo's president in Kremlin, signaling ongoing governance
December 31, 2026 rises to 16%2%
Putin's meeting with Togo's president on November 19 demonstrated his continued active role as Russia's president, with no indication of resignation or removal, reinforcing market confidence in his incumbency through 2026.
Analysis highlights lack of clear successor to Putin amid elite power struggles
December 31, 2026 rises to 16%1%
On November 19, analysis emphasized that despite constitutional provisions, Putin's succession remains uncertain due to the siloviki's influence, suggesting continued regime stability and reducing near-term exit expectations.
Siloviki Elite Dominates Succession Debate: Mishustin Lacks Backing
December 31, 2026 dips to 13%1%
A Telegraph article highlighted that the security establishment (siloviki) ultimately matters in Russia, and that Prime Minister Mikhail Mishustin lacks their backing, making a smooth succession unlikely.
Rising internal dissent and economic challenges in Russia raise questions about Putin's future
Reports highlighted growing dissatisfaction within Russia's political and military ranks and economic difficulties, fueling speculation about regime stability. However, no direct moves against Putin's presidency occurred, leading to minor market fluctuations but no significant price recovery.
Analysis highlights managed transition with Putin retaining control
By November 19, 2025, analyses indicated that while Russia was undergoing a managed transition with governance delegated to the State Council, Putin retained ultimate control, signaling no immediate end to his presidency and reinforcing market sentiment for a low chance of his departure by 2026.
Putin announces good results from annual medical examination
December 31, 2026 rises to 15%1%
On November 19, Putin publicly stated that his recent medical checkup results were good, aiming to dispel health rumors and stabilize market sentiment, which coincided with a slight price recovery.
Chinese Premier Li Qiang meets Putin in Moscow amid ongoing tensions
On November 18, 2025, Chinese Premier Li Qiang met with Putin in Moscow, signaling continued diplomatic support for Putin's regime. This meeting likely reinforced market perceptions of Putin's stability and reduced the probability of his removal by the end of 2026.
Kremlin expresses hope for new Putin-Trump summit
The Kremlin announced hopes for another summit with US President Trump to negotiate Ukraine conflict resolution, signaling Putin's ongoing active leadership role and reducing speculation about his removal.
Kremlin hopes for new Putin-Trump summit amid stalled negotiations
December 31, 2026 rises to 16%2%
The Kremlin expressed hope for a future summit between Putin and Trump to negotiate Ukraine war resolution, indicating Putin's continued active role and no sign of stepping down.
Putin's swollen face and hands noticed, fueling health rumors
December 31, 2026 rises to 15%1%
Observers noted Putin's swollen face and hands, intensifying rumors about his health issues, but Kremlin denied any specific illness, maintaining his position and causing moderate market concern.
Putin health rumors intensify amid limited public appearances
December 31, 2026 dips to 13%3%
Putin's rare public outings and reports of possible Parkinson's disease fueled speculation about his health, contributing to market uncertainty and a price dip to the lowest point in the window.
Putin confirms December 2025 state visit to India, reinforcing active presidency
December 31, 2026 dips to 12%2%
Official announcements confirmed Putin's planned visit to India in early December 2025, signaling his continued active role as president and reducing market speculation about his imminent departure.
Retired generals publicly call for Putin's resignation over Ukraine war
December 31, 2026 rises to 16%1%
Retired Colonel-General Leonid Ivashov and other officers criticized Putin's Ukraine strategy and called for his resignation, signaling growing dissent within elite circles but no immediate change in leadership.
CNN reports rare Kremlin access showing Putin active in diplomacy
December 31, 2026 dips to 14%3%
CNN's rare access inside the Kremlin showed Putin actively engaging in diplomatic meetings, reinforcing his ongoing role as president and reducing market fears of imminent departure.
Kremlin acknowledges Putin was hospitalized after two-week absence
December 31, 2026 dips to 14%4%
The Kremlin confirmed that Putin was hospitalized in Moscow following a two-week absence from public life, intensifying health concerns and contributing to market uncertainty about his presidency continuing through December 31, 2026.
Putin's public appearances remain limited amid health speculation
December 31, 2026 dips to 12%3%
Speculation about Putin's health intensified as he made only one public appearance in weeks by mid-November 2025. Despite concerns, no official indication of resignation or removal emerged, contributing to a dip in market optimism about his leaving office.
Retired Russian General Calls for Putin's Resignation Over Ukraine War
December 31, 2026 drops to 12%8%
Retired Colonel-General Leonid Ivashov publicly called for President Putin to resign or be constitutionally removed due to dissatisfaction with the Ukraine conflict, raising questions about Putin's leadership but without immediate impact on his presidency.
Retired Russian generals publicly call for Putin's resignation
December 31, 2026 dips to 14%3%
Retired Colonel-General Leonid Ivashov and other officers voiced opposition to Putin's Ukraine strategy, calling for his resignation due to the war's toll on Russia, which heightened market concerns about Putin's political future.
Kremlin Acknowledges Brief Hospitalization of Putin Amid Fresh Health Rumors
December 31, 2026 dips to 12%2%
Reports emerged detailing Putin's 'swollen and sore' hands at a public event, alongside a Kremlin acknowledgment of a brief hospitalization in Moscow following a prior two-week absence from public life.
Retired Russian generals publicly call for Putin's resignation
December 31, 2026 dips to 14%2%
A statement by retired Colonel-General Leonid Ivashov and other officers calling for Putin to resign over the Ukraine war intensified internal dissent, contributing to market uncertainty and a drop in the probability of Putin remaining president by late November.
Growing dissent among Russian generals calls for Putin's resignation
December 31, 2026 dips to 14%3%
Retired Colonel-General Leonid Ivashov and other Russian officers publicly questioned Putin's Ukraine strategy and called for his resignation or removal, highlighting internal elite dissatisfaction. This contributed to market uncertainty and a decline in the probability of Putin remaining president.
Russian government resigns after Putin proposes constitutional reforms weakening presidency
December 31, 2026 rises to 17%1%
The entire Russian government resigned to clear the way for Putin's proposed constitutional amendments that would reduce presidential powers, signaling a managed transition rather than an exit, which tempered market expectations.
Putin reiterates commitment to constitutional term limits amid political challenges
December 31, 2026 dips to 14%3%
Putin emphasized maintaining the current two-term presidential limit despite political pressures, signaling no intention to extend or abruptly end his presidency. This reaffirmation contributed to a market price drop to 14% for the December 31, 2026 outcome, reflecting reduced expectations of his early departure.
Putin approves sale of Citibank’s Russian operations amid Western sanctions
December 31, 2026 rises to 15%1%
On November 12, Putin authorized the sale of Citibank’s remaining Russian operations, demonstrating continued control over economic decisions despite sanctions, which did not increase market expectations of his exit, reflected in a price around 15-16%.
Retired generals publicly call for Putin's resignation over Ukraine war
December 31, 2026 dips to 14%3%
Retired Colonel-General Leonid Ivashov and others voiced calls for Putin to resign due to the ongoing Ukraine conflict's toll, increasing public dissent but without immediate effect on Putin's presidency, contributing to market uncertainty and price decline.
Anti-war protests in Putin's hometown signal growing dissent
December 31, 2026 dips to 14%2%
A viral video showed hundreds in St. Petersburg singing a forbidden anti-war song, a rare act of defiance indicating cracks in Putin's domestic support. This social unrest contributed to market uncertainty but did not significantly increase the probability of Putin's removal.
Growing dissent among Russian military officers calls for Putin's resignation
Retired generals publicly called for Putin to resign or be removed, highlighting internal dissent but no official change occurred, contributing to market uncertainty and price decline.
Putin faces growing criticism over Ukraine war and fears losing historical legacy
December 31, 2026 dips to 11%3%
Reports highlighted Putin's obsession with erasing Ukrainian independence and fears of entering history as the leader who lost Ukraine, signaling increasing internal and external pressures. This contributed to market pessimism about Putin's long-term hold on power, reflected in price declines.
Russian generals publicly call for Putin's resignation over Ukraine war failures
December 31, 2026 dips to 16%3%
Growing dissent among Russian military leadership, including calls for Putin's resignation, heightened political risk perceptions but did not immediately affect Putin's position.
Analysis highlights Putin's regime transition without clear successor
December 31, 2026 dips to 14%3%
Reports indicated ongoing personnel changes and regime restructuring in Russia, suggesting a transition process but no immediate change in presidency. This contributed to a market price decline as uncertainty about Putin's near-term departure increased.
Putin's swollen and sore hand at public event sparks health rumours
December 31, 2026 dips to 16%4%
Images of Vladimir Putin showing a visibly swollen, vein-covered hand circulated on social media, fueling speculation about his health. Despite these rumors, the Kremlin did not acknowledge any health issues, and no official information suggested any impact on his presidency.
Retired Russian generals publicly call for Putin's resignation over Ukraine war
December 31, 2026 dips to 13%3%
On November 11, retired Colonel-General Leonid Ivashov and other officers called for Putin to resign, citing the war's toll and internal weaknesses, increasing public dissent but not triggering immediate political change.
Retired Russian General Calls for Putin's Resignation Over Ukraine War
December 31, 2026 dips to 14%3%
Retired Colonel-General Leonid Ivashov publicly called for Vladimir Putin to resign or be constitutionally removed due to the ongoing Ukraine conflict, highlighting growing dissent within Russian military circles. This statement contributed to market uncertainty but did not indicate an immediate change in Putin's status.
Russian government resigns amid constitutional reforms
December 31, 2026 drops to 13%7%
The resignation of Russia's government and proposed constitutional changes aimed to reshape power dynamics, potentially allowing Putin to maintain influence beyond 2024. This political restructuring caused a temporary drop in market optimism about Putin leaving office soon.
Putin meets Kazakhstan president amid ongoing war and political challenges
December 31, 2026 dips to 14%3%
On November 11, 2025, Putin held a meeting with Kazakhstan's president inside the Kremlin, demonstrating his continued exercise of presidential duties despite internal and external pressures. This event underscored Putin's retention of power, contributing to the market's low probability of his removal by end 2026.
Putin publicly endorses U.S. peace plan as basis for Ukraine settlement
December 31, 2026 dips to 13%3%
On November 11, 2025, Putin cautiously welcomed a U.S. peace plan for Ukraine, indicating a potential shift toward negotiation but without signaling any intention to resign. This tempered market optimism slightly but did not increase expectations of Putin leaving office by December 31, 2026.
Putin attends meeting with Crimea head amid ongoing Ukraine conflict
December 31, 2026 rises to 15%2%
Putin's public engagement with Crimea's leadership amid the Ukraine war highlighted his continued active role as president, countering market speculation about his potential departure.
Growing dissent among Russian military officers calls for Putin's resignation
Retired and active Russian officers publicly questioned Putin's Ukraine strategy and called for his resignation, highlighting internal regime pressures. This contributed to market uncertainty but did not immediately threaten Putin's presidency.
Three Journalists Detained Outside Putin’s Residence
December 31, 2026 dips to 14%4%
Three opposition journalists were detained near Putin’s residence, highlighting ongoing repression but no indication of political instability or leadership change, contributing to a decline in market probability for Putin’s exit.
Putin's visibly swollen and sore hand sparks renewed health speculation
December 31, 2026 dips to 15%1%
Images and videos of Vladimir Putin's swollen, vein-covered right hand circulated widely, fueling speculation about his health. Despite Kremlin denials, this event raised questions about his physical condition but did not indicate any immediate threat to his presidency, resulting in minor market fluctuations.
Kremlin denies Putin and Lavrov fallout despite speculation
Despite reports of a rift between Putin and his top diplomat Sergei Lavrov, the Kremlin publicly denied any falling out, indicating the diplomatic tension was unconfirmed and potentially exaggerated.
Putin's swollen and sore hands spark renewed health speculation
December 31, 2026 dips to 13%4%
In November 2025, fresh images of Putin's swollen and sore hands fueled global speculation about his health, raising concerns about his ability to fulfill presidential duties. Despite Kremlin denials, these health rumors contributed to market uncertainty about his tenure.
Putin proposes constitutional changes to maintain political control beyond 2024
December 31, 2026 dips to 13%3%
Putin’s announcement of constitutional reforms aimed at preserving his influence beyond his presidential term reinforced expectations of his continued leadership, causing market prices to decline.
Kremlin denies reports of rift between Putin and top diplomat Lavrov
December 31, 2026 dips to 14%3%
Despite rumors of a falling out between Putin and Foreign Minister Sergei Lavrov, the Kremlin officially denied any discord, signaling internal stability and dampening speculation about Putin's imminent removal.
Kremlin denies reports of Putin-Lavrov fallout
December 31, 2026 rises to 19%1%
Rumors circulated that Putin had fallen out with his top diplomat Sergei Lavrov, but the Kremlin officially denied these claims. This reassured markets about regime stability, contributing to a slight price stabilization.
Kremlin denies reports of fallout between Putin and top diplomat Lavrov
December 31, 2026 dips to 16%2%
Rumors of discord between Putin and Sergei Lavrov surfaced but were officially denied, creating uncertainty about internal Kremlin stability and contributing to market volatility.
Renewed global speculation over Putin's health after images show swollen, sore hands
December 31, 2026 dips to 18%3%
Fresh images of Putin's swollen and sore hands fueled rumors about his health, raising questions about his ability to govern but without official confirmation, contributing to some market uncertainty.
Kremlin Denies Rumors of Fallout Between Vladimir Putin and Foreign Minister Sergei Lavrov
December 31, 2026 dips to 14%3%
The Kremlin actively dismissed speculation that President Vladimir Putin had fallen out with his long-serving top diplomat, Sergei Lavrov, signaling internal stability and dampening rumors of high-level regime fractures.
Russian military officers publicly call for Putin's resignation over Ukraine war
December 31, 2026 dips to 14%3%
Retired Colonel-General Leonid Ivashov and other officers voiced opposition to Putin's Ukraine strategy, calling for his resignation or removal. This dissent reflected growing internal challenges to Putin's leadership, influencing market perceptions of his tenure's stability.
Kremlin denies Putin and Lavrov fell out amid diplomatic tensions
December 31, 2026 dips to 14%3%
Despite rumors of a rift between Putin and Foreign Minister Lavrov, the Kremlin downplayed the speculation, indicating potential internal power dynamics.
Kremlin denies rift between Putin and top diplomat Sergei Lavrov
December 31, 2026 dips to 17%1%
Speculation about a falling out between Putin and his top diplomat Sergei Lavrov emerged in early November 2025, but the Kremlin denied these claims. The denial likely helped maintain market confidence in Putin's stable control over his administration.
Kremlin denies fallout between Putin and top diplomat Sergei Lavrov
December 31, 2026 dips to 16%2%
Speculation about a rift between Putin and Lavrov was publicly denied by the Kremlin, signaling internal stability and reducing market fears of imminent leadership change.
Putin reportedly sends Sergei Lavrov into disgrace after summit fallout
December 31, 2026 dips to 14%3%
Putin blamed Lavrov for angering the Trump administration, reportedly sidelining the veteran foreign minister, indicating internal tensions but no immediate threat to Putin's presidency, which kept market confidence in his tenure.
Putin’s shriveled hand at public event sparks fresh health speculation
December 31, 2026 dips to 19%1%
On November 10, 2025, Vladimir Putin was seen with a visibly shriveled and painful hand during a public event, reigniting rumors about his declining health and possible chronic conditions. This appearance contributed to market uncertainty about his ability to remain in office, causing a slight price decline.
Sberbank CEO reports Russia's economic growth worse than expected to Putin
December 31, 2026 dips to 16%1%
Economic difficulties acknowledged by a major bank CEO in a meeting with Putin highlight ongoing challenges but no political crisis leading to Putin's removal. Market price remained low reflecting persistent uncertainty.
Putin's swollen and veiny hands spark renewed health speculation
December 31, 2026 dips to 14%4%
Images and videos showing Putin's hands appearing swollen and veiny reignited global speculation about his health, causing some market uncertainty but no official confirmation of incapacity or resignation.
Retired Russian generals publicly call for Putin's resignation
December 31, 2026 dips to 14%3%
Retired Colonel-General Leonid Ivashov and other officers voiced dissent against Putin's Ukraine strategy, calling for his resignation or removal, increasing political pressure but without immediate effect on Putin's presidency within the market timeframe.
Putin's visibly swollen and sore hand sparks health speculation
December 31, 2026 drops to 12%6%
Images and videos of Putin's swollen, vein-covered hand at a public event fueled rumors about his health, raising questions about his physical condition. This speculation contributed to market uncertainty about his ability to continue as president.
Putin's health rumors intensify after public appearance with swollen hands
December 31, 2026 dips to 14%3%
Images of Putin's visibly swollen and sore hands sparked renewed speculation about his health, fueling market uncertainty about his ability to continue in office. Despite Kremlin denials, these rumors contributed to a decline in market optimism about Putin's tenure.
Viral video shows Putin's swollen and sore hands, sparking health concerns
December 31, 2026 dips to 14%4%
A viral video showing Putin's visibly swollen and sore hands reignited global speculation about his health, fueling market doubts about his ability to remain president, contributing to a price drop from 18% to 14% probability.
Putin's swollen and sore hands spark renewed health concerns
December 31, 2026 dips to 14%3%
New video footage showed Vladimir Putin with visibly swollen and sore hands with bulging veins, fueling renewed global speculation about his health and ability to govern. Despite Kremlin denials, this intensified uncertainty about Putin's future but did not trigger immediate market resolution.
Growing dissent among Russian generals calls for Putin's resignation
December 31, 2026 drops to 14%6%
Retired Colonel-General Leonid Ivashov publicly called for Putin to resign or be removed, reflecting internal military dissent over the Ukraine war, which contributed to a market price drop reflecting increased uncertainty about Putin's tenure.
Zelensky confirms Russia's highest monthly military losses in October 2025
December 31, 2026 dips to 18%1%
On November 7, 2025, Ukrainian President Zelensky announced that Russia suffered over 25,000 military casualties in October, the highest monthly losses since the war began. This severe attrition increased pressure on Putin's regime and influenced market sentiment about his presidency's durability.
Russian forces continue offensive near Pokrovsk amid economic pressures
December 31, 2026 dips to 16%3%
Despite economic challenges and sanctions, Putin's forces pressed advances near Pokrovsk, showing his continued command and no signs of political instability, which contributed to a decline in market probability of his removal.
Putin acknowledges economic impact of sanctions and plans defense budget cuts
December 31, 2026 dips to 19%1%
Putin implicitly recognized sanctions' effects on Russia's economy and announced a reduction in defense spending for 2026, reflecting internal pressures but no immediate threat to his presidency, contributing to a gradual market decline.
Foreign Minister Sergey Lavrov absent from key Kremlin meetings amid speculation
December 31, 2026 dips to 17%1%
Sergey Lavrov, Russia's long-serving foreign minister, was notably absent from a key Kremlin Security Council meeting and excluded from Russia's G20 delegation, sparking rumors of a fallout with Putin. The Kremlin denied these rumors, but the event highlighted possible internal political instability, affecting market perceptions of Putin's tenure.
Putin reportedly sends Sergei Lavrov into disgrace after summit fallout
December 31, 2026 dips to 19%1%
Reports on November 6, 2025, indicated that Putin blamed Lavrov for angering the Trump administration, leading to Lavrov's disgrace. This internal political turmoil raised concerns about Putin's grip on power, influencing market sentiment downward.
Retired General Leonid Ivashov Calls for Putin Resignation Over Ukraine War
December 31, 2026 dips to 17%2%
Retired Colonel-General Leonid Ivashov, head of the All-Russian Officers Assembly, publicly called for Putin to resign or be forced out by constitutional procedures, signaling growing military dissent about the Ukraine war.
Putin signs law allowing year-round conscription, expanding military mobilization
Following the November 4 signing, the Russian government implemented the new conscription law, enabling continuous military recruitment and reinforcing Putin's active leadership role. This diminished market expectations for his near-term departure.
Putin blames Foreign Minister Lavrov for summit collapse with Trump
December 31, 2026 dips to 16%2%
On November 6, 2025, Putin reportedly sent Sergei Lavrov into disgrace after blaming him for the failure of a summit with Donald Trump, indicating internal political strife but no change in Putin's presidency, which contributed to market uncertainty and price decline.
Putin elevates 24 relatives to official roles, consolidating power
December 31, 2026 dips to 18%1%
An investigation revealed that Putin has placed numerous relatives in government and state company positions, signaling a consolidation of power and reducing the likelihood of an imminent resignation or removal. This move likely reassured the market about Putin's grip on power, contributing to the price decline.
Putin shows signs of health issues with swollen, sore hand sparking global speculation
December 31, 2026 drops to 13%6%
Videos and images surfaced showing Vladimir Putin's right hand swollen with bulging veins, fueling renewed speculation about his health and raising doubts about his ability to continue in office. This contributed to market uncertainty and a decline in the perceived chance of his remaining president.
Putin blames Lavrov for angering Trump administration
Putin reportedly blamed foreign minister Sergei Lavrov for angering the Trump administration during a phone call, leading to Lavrov being sent into 'disgrace' by Putin. This diplomatic fallout increased speculation about internal Kremlin tensions.
Putin holds Security Council meeting addressing US actions
Putin convened a Security Council meeting to discuss US policies and actions, demonstrating continued control over Russian governance and no signs of stepping down, which supported market stability.
Putin orders proposals on possible nuclear weapons tests
December 31, 2026 dips to 18%2%
Putin instructed ministries to prepare proposals for nuclear weapons testing, signaling a hardline stance amid escalating tensions. This assertiveness likely reinforced perceptions of his continued grip on power, reducing chances of near-term resignation.
Putin orders proposals on resuming nuclear tests in response to US actions
December 31, 2026 dips to 20%1%
On November 5, Putin instructed Russian ministries to prepare proposals for resuming nuclear weapons tests, a direct response to US nuclear testing plans. This assertive stance indicated Putin's firm grip on power and strategic decision-making, reducing market speculation about his removal.
Putin signs law allowing military reservists to guard oil refineries amid fuel shortages
December 31, 2026 dips to 17%3%
On November 5, 2025, Putin signed legislation to deploy reservists for protecting critical infrastructure following Ukrainian drone strikes causing fuel shortages. This move indicated Putin's active governance and control, reducing market expectations of his imminent departure.
Putin Orders Plans for Possible Resumption of Nuclear Testing
December 31, 2026 dips to 20%1%
In response to US President Donald Trump's announcement to resume nuclear weapons testing, Putin ordered Russian officials to prepare for possible nuclear tests, signaling continued hardline stance and political control, which reassured markets about regime stability.
Putin orders proposals for possible nuclear weapons tests
On November 5, 2025, Putin instructed multiple ministries to prepare proposals for nuclear weapons testing, escalating tensions and reinforcing his image as a resolute leader, which likely stabilized market doubts about his immediate removal.
Putin Orders Officials to Prepare for Possible Resumption of Nuclear Testing
December 31, 2026 dips to 19%1%
In response to statements from US President Donald Trump, Putin instructed Russian ministries and intelligence agencies to submit proposals for preparing nuclear weapons tests, reinforcing his grip on state security.
Putin orders proposals on nuclear weapons tests amid US resumption plans
On November 5, 2025, Putin instructed Russian ministries and agencies to prepare proposals for nuclear weapons tests in response to US President Trump's announcement to resume such tests. This heightened geopolitical tensions and underscored Putin's resolve to maintain power, affecting market perceptions of regime stability.
Putin Instructs Agencies to Prepare for Potential Nuclear Weapons Tests
December 31, 2026 dips to 17%3%
Following US statements on nuclear testing, Putin ordered Russian ministries and intelligence services to submit proposals for preparing nuclear tests, signaling a strong military posture.
Putin orders preparations for possible nuclear weapons tests amid escalating tensions
December 31, 2026 dips to 17%3%
Putin's directive to prepare for nuclear weapons tests signaled a hardening stance and an attempt to project strength amid international pressure, reinforcing his control and reducing market expectations of his imminent removal, causing a price decline.
Putin orders proposals on preparing for nuclear weapons tests
December 31, 2026 rises to 21%1%
On November 5, Putin instructed multiple ministries to prepare proposals for nuclear weapons testing, escalating tensions and reinforcing his control, which likely supported market confidence in his continued presidency.
Putin orders proposals for nuclear weapons tests amid US-Russia tensions
December 31, 2026 dips to 18%1%
On November 5, 2025, Putin instructed Russian ministries and agencies to prepare proposals for nuclear weapons tests in response to US announcements. This assertive stance likely reinforced perceptions of Putin's active leadership, reducing expectations of his removal.
Putin praises missile system developers, emphasizes historic significance
Putin's public speech at an awards ceremony for missile system developers reinforced his active leadership role and control over military advancements, countering rumors of his weakening grip on power.
Putin highlights nuclear weapons development amid rising tensions
December 31, 2026 rises to 21%4%
Putin's public emphasis on advanced nuclear weapons development and potential nuclear testing signaled a hardening stance amid geopolitical tensions, which may have temporarily bolstered perceptions of his grip on power.
Putin signs law moving Russia to year-round military conscription
December 31, 2026 drops to 14%5%
On November 4, 2025, Putin signed a law allowing year-round conscription to bolster military manpower amid the Ukraine war, signaling his continued control and commitment to the conflict. This move reinforced perceptions that Putin was maintaining power rather than stepping down, contributing to a slight market decline in the probability of his removal by end 2026.
Putin praises nuclear missile developers at awards ceremony
December 31, 2026 rises to 20%1%
On November 4, 2025, Putin publicly emphasized the historic significance of new nuclear missile systems, reinforcing his active leadership role and reducing market speculation about his removal.
Putin orders proposals for nuclear weapons test preparations
December 31, 2026 dips to 20%1%
On November 5, Putin instructed ministries to prepare proposals for nuclear weapons testing, signaling a hardline stance amid international tensions. This reinforced perceptions of Putin's continued control, contributing to a decline in the market's expectation of his removal.
Growing Kremlin elite dissatisfaction could lead to Putin ousting
December 31, 2026 dips to 16%4%
Reports emerged of 'extremely unhappy' Kremlin elites frustrated by Putin's refusal to accept peace proposals and the impact of sanctions. Analysts suggested this internal dissent might eventually lead to efforts to remove Putin, though not immediately, reflecting increased political instability.
Putin praises capabilities of new Russian nuclear-capable missile
December 31, 2026 dips to 18%1%
Putin's November 4 statement on the Burevestnik missile's capabilities reaffirmed his control and military posture, signaling no signs of political instability or resignation, which kept market probabilities for his removal low.
Putin orders roadmap for rare earths extraction to boost strategic resources
Putin directed the Russian cabinet to develop plans for rare earth mineral extraction by December 1, 2025, signaling continued consolidation of economic and strategic control, which reinforced perceptions of regime stability and reduced chances of his imminent departure.
Putin holds award ceremony for missile developers amid nuclear tensions
On November 4, 2025, Putin held an award ceremony for developers of advanced missile systems, underscoring Russia's military resolve amid rising nuclear tensions. This event likely stabilized market perceptions of Putin's grip on power.
Putin praises new Russian nuclear weapons capabilities
December 31, 2026 dips to 16%1%
On November 4, 2025, Putin publicly praised Russia's successful testing of advanced nuclear-capable missiles, reinforcing his image as a strong leader committed to Russia's military power. This likely further diminished market expectations of his removal by the end of 2026.
Putin emphasizes historic significance of nuclear missile developments
Putin's speech highlighting the Burevestnik and Poseidon missile systems underscored his continued control and strategic focus, reassuring markets about his grip on power despite external pressures.
Putin awards developers of Burevestnik and Poseidon missile systems
December 31, 2026 dips to 18%1%
Putin publicly recognized missile developers, emphasizing nuclear capabilities as a strategic priority amid growing international tensions.
Putin highlights nuclear missile development at awards ceremony
December 31, 2026 rises to 21%3%
Putin emphasized the historic significance of new missile systems, reinforcing his strong leadership image amid ongoing conflict. This bolstered perceptions of his continued presidency, stabilizing market prices.
Putin praises developers of advanced missile systems at awards ceremony
December 31, 2026 dips to 18%1%
Putin highlighted the historic significance of new missile systems, emphasizing Russia's military strength and signaling regime resilience, which likely reduced market speculation about his imminent departure.
Putin answers journalists' questions in Moscow, reaffirming leadership
Putin's public engagement with journalists on December 2 reinforced his active role as president, countering rumors of resignation or removal and contributing to market confidence in his continued presidency.
Retired Russian generals publicly call for Putin's resignation over Ukraine war
December 31, 2026 rises to 20%1%
Retired Colonel-General Leonid Ivashov and other officers voiced opposition to Putin's Ukraine strategy, calling for his resignation or removal. This increased market attention on the possibility of Putin leaving office, temporarily supporting the December 31, 2026 outcome price.
US cancels Trump-Putin summit amid hardline Ukraine stance
December 31, 2026 dips to 20%2%
The US cancelled a planned summit with Putin due to Russia's firm demands on Ukraine, reflecting ongoing geopolitical tensions but no indication of Putin's removal. This maintained the status quo, with no positive signal for Putin's exit, influencing the market's December 31, 2026 outcome price downward.
Ukraine reports heavy Russian troop deployment and ongoing conflict
December 31, 2026 dips to 19%1%
Ukraine reported large Russian troop deployments and continued fighting, underscoring the ongoing war's strain on Putin's regime but no indication of his removal or resignation emerged.
Europe debates financial aid to Ukraine amid ongoing conflict
December 31, 2026 dips to 19%1%
Discussions in Europe about increasing financial support to Ukraine highlighted the sustained pressure on Putin's regime, contributing to market uncertainty about his political future but without immediate impact on his presidency.
Anti-war protests in Putin’s hometown signal growing dissent
December 31, 2026 rises to 21%2%
Hundreds publicly sang a forbidden anti-war song in St. Petersburg, reflecting increasing domestic opposition to Putin’s policies, which contributed to a brief market price peak due to perceived instability.
Ukraine Increases Drone Attacks on Russian Oil Refineries, Causing Fuel Shortages
Ukraine's intensified drone strikes on Russian oil refineries led to fuel shortages and economic strain in Russia, exacerbating challenges for Putin's administration. Despite these pressures, no direct indication of Putin's removal emerged, reflected in stable market pricing.
Putin highlights nuclear-powered missile tests amid Ukraine conflict escalation
December 31, 2026 rises to 20%3%
On October 30, 2025, Putin publicly emphasized Russia's development of nuclear-powered weapons during intense fighting in eastern Ukraine, signaling a hardline stance and military escalation. This reinforced perceptions of Putin's continued grip on power, contributing to a temporary price increase in the market.
Putin boasts successful test of nuclear-powered missile amid war stalemate
On October 30, Putin publicly praised the successful test of the Burevestnik nuclear-powered missile, reinforcing his image of strength and deterring opposition, which contributed to a stable market outlook on his presidency continuing through 2026.
Putin reports successful tests of Poseidon nuclear weapon amid Ukraine war
December 31, 2026 dips to 19%1%
Putin's announcement of advanced nuclear weapon tests underscored his regime's defiance and resolve, dampening speculation about his imminent departure and stabilizing market prices.
Putin and Foreign Minister Lavrov show contradictory positions on Ukraine war negotiations
December 31, 2026 rises to 23%4%
Conflicting statements from Putin and Lavrov about potential understandings with US President Trump on ending the Ukraine war created uncertainty about Russia's war strategy and Putin's political stability, leading to market volatility and a peak in perceived removal probability.
Putin asserts no intention to compromise on Ukraine war despite pressure
December 31, 2026 rises to 20%1%
On October 29, 2025, US intelligence assessments reported that Putin remained committed to achieving battlefield victory in Ukraine with no willingness to compromise, reinforcing his continued control and absence of any resignation or removal.
Putin visits military hospital amid ongoing war and political pressures
December 31, 2026 dips to 20%2%
Putin’s visit to a military hospital in Moscow was a public demonstration of leadership during a critical phase of the war in Ukraine, aiming to reinforce his position despite internal and external challenges.
Putin pressures Ukrainian leadership amid ongoing conflict
December 31, 2026 dips to 19%1%
Putin publicly pressed Ukrainian President Zelensky regarding military encirclements, maintaining a firm stance on the war. This demonstrated Putin's continued active role in state affairs and decision-making, with no indication of stepping down.
Putin announces successful test of Poseidon nuclear-capable super torpedo
December 31, 2026 rises to 20%1%
On October 29, Putin publicly declared the successful test of the Poseidon nuclear-capable super torpedo, reinforcing his image of strength and deterrence, which likely stabilized market doubts about his presidency ending soon.
US intelligence reports Putin more committed than ever to Ukraine war victory
December 31, 2026 rises to 20%1%
On October 29, US intelligence assessments concluded that Putin remains fully committed to achieving a battlefield victory in Ukraine, showing no willingness to compromise or step down. This reinforced market expectations of his continued presidency through at least 2026.
Putin emphasizes determination to win Ukraine war and touts new nuclear weapons
Putin's public statements about battlefield victory and new nuclear capabilities underscored his resolve to maintain power and continue the conflict, dampening market expectations of his resignation or removal.
American intelligence reports Putin remains firmly in power amid Ukraine conflict
Despite ongoing conflict and internal pressures, US intelligence confirmed Putin's continued control, tempering market expectations of an imminent leadership change.
Putin holds government meeting via videoconference amid ongoing military operations
On October 29, Vladimir Putin conducted a government meeting via videoconference, reaffirming his active role in governance and military strategy, signaling no indication of stepping down or removal. This reinforced market confidence in Putin's continued presidency, contributing to price stability.
Ukrainian President Zelensky prepares to resign Commander-in-Chief Syrsky
This development in Ukraine's military leadership amid ongoing conflict with Russia heightened geopolitical tensions and uncertainty about Putin's war strategy, influencing market perceptions of his presidency's stability.
Putin Boasts of Successful Poseidon Nuclear Torpedo Test
December 31, 2026 rises to 20%1%
Putin announced the successful test of the Poseidon nuclear-propelled underwater drone, continuing aggressive nuclear saber-rattling to project authority and deter Western pressure.
Putin touts new nuclear missile tests amid ongoing war and no sign of resignation
December 31, 2026 dips to 20%2%
On October 29, Putin announced tests of nuclear-powered weapons, reinforcing his commitment to military strength despite internal and external crises, with no indication of stepping down, maintaining market uncertainty.
Putin demands Russian forces seize Pokrovsk by mid-November 2025
December 31, 2026 dips to 19%2%
On October 29, 2025, reports emerged that Putin ordered Russian military to capture Pokrovsk by mid-November, a deadline unlikely to be met. This military pressure amid ongoing war attrition contributed to market uncertainty about Putin's leadership and regime stability.
Growing social discontent and economic struggles deepen in Russia
December 31, 2026 dips to 19%2%
Economic hardships and inflation have increased social alienation within Putin's core electorate, intensifying domestic instability and influencing market perceptions of Putin's political future.
Hundreds in Putin’s hometown sing anti-war song, signaling public dissent
December 31, 2026 dips to 18%3%
A viral video showed hundreds of Russians in St. Petersburg publicly singing a forbidden anti-war song, a rare act of defiance that highlighted growing public dissatisfaction and pressure on Putin’s regime.
Putin demands Russian forces seize Pokrovsk by mid-November 2025
December 31, 2026 dips to 19%2%
Putin reportedly ordered Russian forces to capture Pokrovsk by mid-November, demonstrating his active command role and no indication of stepping down. This reinforced perceptions of his continued presidency despite military challenges.
Growing dissent among Russian generals calls for Putin's resignation
December 31, 2026 dips to 19%2%
Statements from retired and active Russian military officers publicly questioning Putin's Ukraine strategy and calling for his resignation increased perceptions of instability within the regime.
Putin accelerates offensive in Donbas, orders capture of Pokrovsk by mid-November
December 31, 2026 rises to 20%1%
Putin's directive to intensify military operations in Donbas and capture Pokrovsk by mid-November indicated his continued active role as president, which likely stabilized market perceptions temporarily.
No significant change in Putin's status amid ongoing regime transition
December 31, 2026 dips to 19%3%
Reports on personnel changes and regime reorganization in Russia indicated a managed transition process with Putin retaining authority, reducing market confidence in an imminent exit. This corresponded with a market price drop back to 19% for the December 31, 2026 outcome.
Putin proposes surrender amid escalating crisis
December 31, 2026 dips to 21%1%
Putin reportedly proposed surrender in the ongoing conflict, signaling a major shift in stance that increased market speculation about his potential removal or resignation.
Putin showcases new nuclear-powered missile amid escalating tensions
December 31, 2026 rises to 21%2%
Putin publicly boasted about a successful test of a nuclear-powered cruise missile, signaling Russia's military strength and resolve amid Western sanctions and calls for ceasefire. This demonstration of power temporarily boosted market confidence in Putin's hold on power.
Putin publicly proposes surrender amid military pressures
On October 26, 2025, Putin was reported to have proposed surrender, reflecting internal pressures and crises but without any official resignation or removal, which kept the market's probability for Putin leaving office low.
Putin’s investment envoy continues talks with US officials amid sanctions
December 31, 2026 dips to 20%1%
On October 26, Putin’s special envoy Kirill Dmitriev engaged in talks with US representatives despite recent sanctions on Russian oil companies, signaling Putin’s intent to maintain international economic ties and political control, which tempered market expectations of his imminent exit.
Putin proposes surrender amid ongoing military pressures
December 31, 2026 dips to 19%2%
Putin's public proposal to surrender in the conflict context suggested significant pressure on his leadership, briefly raising market concerns about his tenure. However, this did not lead to immediate changes in his presidency status.
Putin proposes surrender in Ukraine conflict
December 31, 2026 rises to 23%2%
Putin reportedly suggested willingness to surrender parts of occupied southern Ukraine, signaling potential concessions in the ongoing war. This indicated political pressure but did not imply imminent resignation, causing limited market impact on Putin's presidency outlook.
Kremlin denies cancellation of Putin-Trump summit
The Kremlin's statement rejecting rumors of a canceled meeting with U.S. President Trump indicated Putin's ongoing active role in international diplomacy, supporting market confidence in his continued presidency.
Putin Proposes Surrender Amid Growing Crisis
Reports emerged that Vladimir Putin proposed surrender, indicating a significant shift in his stance amid mounting military and political pressures, which briefly increased market speculation about his potential removal from office.
Putin showcases new nuclear missile amid Ukraine conflict
December 31, 2026 rises to 21%1%
By publicly displaying a new nuclear-powered missile and conducting nuclear drills, Putin signaled his resolve to maintain power and Russia's military stance, likely reinforcing market perceptions of his continued presidency.
Putin announces successful test of nuclear-powered cruise missile
December 31, 2026 rises to 22%2%
On October 26, Putin publicly showcased the successful testing of the nuclear ramjet cruise missile Burevestnik, signaling his continued active leadership and military assertiveness, which likely reassured markets about his hold on power.
Putin vows overwhelming response to foreign pressure amid sanctions
December 31, 2026 dips to 19%2%
Following US sanctions on Russian oil companies, Putin declared Russia would never bow to foreign pressure and threatened an overwhelming response to military strikes, signaling regime stability and reducing market expectations of his imminent removal.
Putin reportedly proposes surrender amid military and political crises
December 31, 2026 rises to 21%2%
Reports emerged that Putin proposed surrender, reflecting severe internal and external pressures on his leadership, which briefly increased market speculation about his potential removal or resignation.
Growing dissent among Russian generals calls for Putin's resignation
Retired and active Russian military officers publicly questioned Putin's Ukraine strategy and called for his resignation, intensifying political instability and market concerns about his tenure.
Putin proposes surrender amid mounting military and political pressures
December 31, 2026 rises to 21%2%
Reports emerged that Putin proposed surrender, reflecting severe internal and external pressures on his presidency, which briefly increased market expectations of his potential removal or resignation.
Putin proposes surrender amid military pressures
On October 26, 2025, reports emerged that Putin proposed surrender, signaling potential political vulnerability. This news briefly raised market uncertainty but did not lead to immediate changes in his presidency, contributing to price fluctuations around this date.
Top Kremlin aide Dmitry Kozak resigns, signaling internal dissent
December 31, 2026 dips to 18%4%
The resignation of Dmitry Kozak, a key Kremlin adviser reportedly opposed to the Ukraine war, highlighted growing elite dissatisfaction with Putin's leadership. This event briefly increased market uncertainty about Putin's tenure but did not lead to immediate changes in his presidency.
Public anti-war protests in Putin’s hometown signal growing dissent
Hundreds in St. Petersburg publicly sang a forbidden anti-war song, a rare act of defiance that highlighted increasing domestic opposition to Putin’s policies, contributing to market uncertainty about his tenure.
Putin appears unsteady and sways during speech, fueling health speculation
December 31, 2026 dips to 21%1%
Vladimir Putin was observed continuously swaying during a public appearance, reigniting widespread rumors about his health, including possible neurological conditions. This increased uncertainty about his ability to continue in office but did not lead to immediate market resolution.
Renewed health concerns as Putin seen with limp meeting Trump in Alaska
December 31, 2026 rises to 22%4%
Putin was observed with a noticeable limp during a meeting with President Trump, fueling speculation about his health and potential impact on his ability to govern, which influenced market perceptions of his tenure’s stability.
Kremlin elites reportedly 'extremely unhappy' amid sanctions and war pressures
December 31, 2026 dips to 19%3%
Reports emerged of growing resentment among Russia's power brokers due to harsh sanctions and war hardships, suggesting potential internal challenges to Putin's rule. However, no immediate ousting occurred, and the market showed minor fluctuations.
Sanctions on Russian Oil Firms Increase Kremlin Elite Discontent
December 31, 2026 rises to 22%4%
New sanctions imposed by the US on Russia’s largest oil companies intensified economic pressure and elite dissatisfaction within the Kremlin, fueling speculation about Putin’s potential ousting. This contributed to a slight market price increase reflecting increased risk.
Putin appears unsteady in public appearance amid health concerns
On October 24, 2025, Putin’s unusual swaying during a public media appearance reignited health concerns, contributing to market volatility but without any official indication of his removal or resignation.
Putin’s inner circle thins as longtime chief of staff Dmitry Kozak resigns
December 31, 2026 rises to 23%3%
Dmitry Kozak, a key Putin confidant since 1999, abruptly resigned in late October 2025, signaling cracks within Putin’s inner circle and increasing speculation about regime stability. This event contributed to a temporary price increase reflecting higher perceived risk to Putin’s presidency.
Dmitry Kozak, Putin’s longtime chief of staff, abruptly resigns
December 31, 2026 rises to 19%1%
Dmitry Kozak, a close confidant of Vladimir Putin since 1999, resigned unexpectedly with no new appointment, signaling cracks within Putin’s inner circle and increasing market speculation about Putin’s political stability.
Defense.info October 2025 Report: Putin Faces Most Consequential Crisis
December 31, 2026 dips to 19%2%
A Defense.info report described Putin facing his most serious crisis as of October 2025, with Russian forces in Ukraine stuck in a brutal war of attrition they could not win, contributing to market pessimism about Putin's leadership.
Russian Central Bank Cuts Interest Rate Amid Economic Slowdown
The Central Bank of Russia reduced its key interest rate to 16.5% in response to slowing economic growth and new U.S. sanctions. This move indicated government efforts to stabilize the economy and maintain political control, reducing immediate risks to Putin's presidency.
Growing public dissent and elite defections challenge Putin’s regime stability
December 31, 2026 rises to 21%3%
Reports of increasing public anger and the resignation of key Putin ally Dmitry Kozak highlighted cracks in the regime’s foundation, causing a temporary rise in market probability that Putin might leave office before the end of 2026.
Putin appears unsteady and uncomfortable in public appearance condemning US missile sales to Ukraine
Putin's visible physical discomfort and unsteady movements during a press conference raised further health concerns, reinforcing market speculation about his ability to continue as president.
Putin faces growing dissent as inner circle thins
December 31, 2026 rises to 22%4%
Reports emerged of increasing dissent against Putin, including the loss of key allies and public frustration. Dmitry Kozak's earlier resignation and the erosion of loyalty within Putin's circle raised questions about his political longevity.
Growing dissent among Russian military officers calls for Putin's resignation
December 31, 2026 rises to 22%2%
Retired and active Russian generals publicly questioned Putin's Ukraine strategy and called for his resignation, reflecting internal elite dissatisfaction that raised concerns about his political stability and influenced market pricing.
Putin reshuffles Kremlin administration, elevates Sergei Kiriyenko's role
December 31, 2026 rises to 22%1%
Putin relieved Dmitry Kozak and expanded Sergei Kiriyenko's responsibilities, signaling internal power shifts that may affect regime stability and succession dynamics, influencing market perceptions of Putin's hold on power.
Putin appoints new head of Presidential Directorate for Strategic Partnership
December 31, 2026 rises to 22%2%
Putin nominated Vadim Titov to lead a new directorate, consolidating power under trusted aides and indicating a regime transition with Putin retaining control but delegating routine management.
Putin proposes constitutional changes to limit presidential power but retain influence
December 31, 2026 dips to 20%2%
In his annual address, Putin proposed constitutional reforms that would reduce presidential powers but allow him to remain politically central beyond 2024, signaling a managed transition rather than an exit. This reassured markets about his continued influence, lowering the chance of his early departure.
Putin restructures Presidential Administration, elevates Sergei Kiriyenko
December 31, 2026 rises to 21%1%
Putin relieved Dmitry Kozak and expanded Sergei Kiriyenko's responsibilities, signaling a strategic shift in governance and consolidation of power. This administrative change reflected internal regime adjustments amid ongoing crises, influencing market perceptions of Putin's stability.
Deputy Head of Presidential Administration Dmitry Kozak resigns
December 31, 2026 dips to 21%1%
Kozak's resignation, a rare departure of a Kremlin insider who opposed the Ukraine war, indicated internal shifts but did not signal Putin's imminent removal. The market initially reacted with a slight drop in the probability of Putin leaving, reflecting uncertainty but no definitive change.
Putin reshuffles presidential administration, increasing Kiriyenko's power
December 31, 2026 rises to 22%1%
Putin's appointment of Sergei Kiriyenko to greater responsibilities and dismissal of Dmitry Kozak indicated internal power consolidation, reducing speculation about Putin's imminent departure.
U.S. Treasury sanctions Russia's largest oil companies amid stalled ceasefire talks
December 31, 2026 dips to 21%1%
The U.S. Treasury Department imposed sanctions on Russia's two largest oil companies, Rosneft and Lukoil, aiming to pressure Putin's regime amid ongoing conflict and failed ceasefire negotiations. This heightened economic pressure contributed to a decline in market expectations for Putin's early departure.
Putin nominates Vadim Titov to head new Presidential Directorate
December 31, 2026 rises to 22%2%
On October 23, Putin appointed Vadim Titov to lead the newly created Presidential Directorate for Strategic Partnership and Cooperation, signaling a reorganization of power structures and possible preparation for a post-Putin transition.
Putin vows Russia will not cave under US sanctions
December 31, 2026 dips to 19%3%
On October 23, 2025, Putin publicly rejected US and Western sanctions as ineffective and warned of an overwhelming response to any military strikes, signaling his intent to maintain power and resist external pressures. This reinforced market confidence in his continued presidency, contributing to a price decline in the likelihood of his early exit.
US Imposes New Sanctions on Russia and Cancels Putin-Trump Meeting
December 31, 2026 rises to 22%2%
The US Treasury sanctioned Russia's largest oil companies and called off a planned meeting between President Trump and Vladimir Putin, reflecting increased international pressure on Putin's regime and contributing to market uncertainty about his tenure.
Putin concedes sanctions may cause economic losses but vows resistance
December 31, 2026 rises to 21%1%
On October 23, 2025, Putin acknowledged that new sanctions could cause some economic pain but reaffirmed Russia’s resolve not to bow to US pressure, signaling his continued grip on power despite economic challenges.
Putin appoints Vadim Titov to lead new strategic partnership directorate
December 31, 2026 dips to 19%4%
Putin's nomination of Vadim Titov to head a new presidential directorate under Sergei Kiriyenko indicated a reshuffle aimed at consolidating power and managing post-Soviet relations, reflecting internal regime adjustments without signaling Putin's departure.
Putin oversees launch of Russian nuclear war games
December 31, 2026 dips to 19%3%
Putin personally oversaw nuclear war games on October 22, demonstrating his active leadership despite health rumors, which likely stabilized market confidence in his presidency and contributed to a slight price decrease in the probability of his removal.
Russian government resigns amid proposed constitutional changes
December 31, 2026 dips to 19%3%
The resignation of the Russian government and Putin's proposal to amend the constitution suggested a reshuffling of power but reinforced Putin's intent to maintain control, impacting market confidence in his continued presidency.
Putin oversees strategic nuclear forces readiness test
December 31, 2026 dips to 21%1%
Putin directed drills of Russia's nuclear forces, demonstrating his active leadership and control over the country's strategic military assets, which likely reassured the market about his continued presidency.
Growing dissent among Russian generals calls for Putin's resignation
December 31, 2026 rises to 23%2%
Retired and active Russian military officers publicly questioned Putin's Ukraine strategy and called for his resignation, signaling internal elite fractures. This development likely contributed to the market's elevated probability for Putin's exit by the end of 2026.
Putin reveals test launch of Poseidon nuclear torpedo
December 31, 2026 dips to 21%1%
Putin announced the successful test launch of the Poseidon nuclear-powered underwater torpedo, emphasizing Russia's military strength amid ongoing conflict, which likely reassured supporters and reduced speculation about his removal.
Putin oversees nuclear forces exercise amid war tensions
On October 22, 2025, Putin inspected a military exercise of Russia's nuclear forces, signaling continued control and authority. This display of power amidst ongoing conflict reassured markets of his maintained presidency.
Trump imposes harsh sanctions on Russia's largest oil companies
President Donald Trump imposed new sanctions on Russia's two largest oil corporations, signaling increased economic pressure on Putin's regime. This move was seen as a significant escalation in efforts to push Putin to end the war in Ukraine, contributing to internal Kremlin dissatisfaction.
Putin oversees Russian nuclear forces readiness test
December 31, 2026 dips to 21%1%
On October 22, 2025, Putin directed drills of Russia's strategic nuclear forces, demonstrating his continued control over the military and state affairs. This event reinforced perceptions of his stable grip on power, contributing to the market's steady pricing on his presidency lasting beyond 2026.
Putin Directs Major Strategic Nuclear Forces Exercise Amid Collapsed US Summit
December 31, 2026 dips to 21%1%
Vladimir Putin personally oversaw a massive strategic nuclear triad exercise involving land, sea, and air components, projecting military strength and control after a planned summit with US President Donald Trump fell apart.
Putin oversees readiness test of Russia's nuclear forces
December 31, 2026 dips to 21%1%
Putin personally directed a major military exercise involving Russia's nuclear forces, signaling his active command and control over the country's strategic assets. This event reinforced perceptions of his ongoing presidential authority.
Putin personally oversees launch of nuclear war games
December 31, 2026 dips to 20%1%
Putin's direct involvement in military exercises reinforced his control and leadership image, countering rumors of incapacitation and supporting market confidence in his continued presidency.
Putin directs Russian nuclear forces drills as summit with Trump is on hold
December 31, 2026 rises to 23%3%
On October 22, Putin oversaw strategic nuclear forces drills, signaling readiness and command continuity amid stalled talks with the U.S. This reinforced perceptions of Putin's active leadership and diminished expectations of his imminent exit.
Trump cancels planned Putin summit, imposes sanctions on Russian oil firms
December 31, 2026 dips to 18%3%
U.S. President Donald Trump canceled a planned summit with Vladimir Putin citing lack of progress in peace talks and announced new sanctions targeting Russia's largest oil companies. This indicated deteriorating diplomatic relations and reduced expectations for a near-term political transition in Russia, causing a slight market price decline for Putin's exit by December 31, 2026.
US President Trump meets NATO Secretary General amid stalled Russia talks
December 31, 2026 dips to 20%1%
On October 22, 2025, US President Donald Trump met with NATO Secretary General Mark Rutte, reflecting ongoing diplomatic efforts but no breakthrough in resolving the Ukraine conflict or Putin's position. This contributed to a slight market decline as no signs emerged of Putin stepping down.
Putin oversees large-scale nuclear forces readiness test amid rising tensions
December 31, 2026 dips to 19%2%
On October 22, 2025, Putin directed a major test of Russia's nuclear forces, signaling his continued control and resolve amid geopolitical tensions. This demonstration of military strength reinforced perceptions of Putin's firm grip on power, reducing market expectations of his early departure by December 31, 2026.
Anti-war protests in Putin’s hometown signal growing public dissent
December 31, 2026 rises to 22%2%
Hundreds publicly sang a forbidden anti-war song in St. Petersburg, a rare act of defiance indicating increasing domestic opposition to Putin’s rule. This event raised concerns about regime stability, reflected in a market price uptick.
Moscow rejects immediate ceasefire, postponing Putin-Trump summit
December 31, 2026 dips to 21%2%
On October 21, 2025, Russia rejected an immediate ceasefire in Ukraine, leading to the postponement of a planned summit between Putin and Trump. This hardened stance signaled Putin's intent to maintain power and continue the conflict, reducing market expectations of his early departure.
Russian government resigns after Putin proposes reforms weakening successor
December 31, 2026 rises to 21%4%
Following Putin's proposal of constitutional reforms to weaken his successor, the entire Russian government resigned, signaling political maneuvering to maintain Putin's control. This event caused a temporary increase in market uncertainty about Putin's future but did not indicate imminent departure.
Russian military commits civilian murders in Pokrovsk, escalating conflict
December 31, 2026 dips to 20%1%
Reports confirmed Russian forces killed civilians in Pokrovsk, worsening the war situation and international condemnation. Despite this, no direct impact on Putin's presidency was observed, keeping market prices stable.
Growing dissent among Russian military officers calls for Putin’s resignation
December 31, 2026 rises to 21%3%
Retired and active Russian military officers publicly questioned Putin’s Ukraine strategy and called for his resignation, reflecting internal elite dissatisfaction and increasing pressure on his presidency.
Poland warns Putin could be arrested if flying through its airspace
Poland's foreign minister stated he could not guarantee that Putin's plane would not be forced to land and the president detained under an ICC warrant if he flew through Polish airspace en route to a meeting. This heightened international legal pressure on Putin but did not directly affect his presidency status.
Heightened geopolitical tensions as Putin and Trump prepare for summit amid nuclear saber-rattling
December 31, 2026 rises to 22%2%
On October 21, 2025, media discussed a potential meeting between Putin and Trump, alongside Putin's public emphasis on new nuclear weapons capabilities, increasing geopolitical tensions. This raised market speculation about Putin's political stability, temporarily boosting the probability of his exit by December 31, 2026.
Russian government faces crises amid war of attrition in Ukraine
December 31, 2026 rises to 21%1%
In October 2025, Putin confronted multiple crises including a stalled military campaign in Ukraine and economic difficulties, increasing internal pressures but not leading to his removal. This context maintained market uncertainty but did not trigger a price rise for Putin leaving office.
Putin reiterates war aims and rejects ceasefire without Ukrainian concessions
December 31, 2026 rises to 21%2%
On October 21, 2025, Putin and Kremlin officials stated Russia would not agree to a ceasefire until Ukraine met demands including neutrality and government change, signaling no political retreat or leadership change. This stance likely maintained market skepticism about Putin's imminent exit.
Russian government resigns amid constitutional reform proposals
December 31, 2026 dips to 21%1%
The Russian government resigned, and President Putin proposed constitutional changes to shift power dynamics, potentially allowing him to retain influence post-presidency. This event initially raised speculation about Putin's future but did not signal his immediate removal, causing a slight market price decrease for the December 31, 2026 outcome.
White House cancels planned Trump-Putin meeting amid stalled Ukraine peace talks
December 31, 2026 dips to 21%2%
On October 21, 2025, the White House announced that President Trump would not meet Putin soon, after Russian officials showed no intention to end the Ukraine war. This diminished hopes for a diplomatic breakthrough, slightly reducing market optimism about Putin’s political future.
Poland cannot guarantee Putin's safe airspace passage amid ICC warrant
December 31, 2026 rises to 22%2%
Poland's foreign minister stated that Vladimir Putin could be detained if he flies through Polish airspace due to an ICC warrant, raising international legal risks but not directly affecting Putin's presidency status.
Putin reiterates hardline stance on Ukraine peace terms
December 31, 2026 dips to 21%2%
Putin and Kremlin officials reaffirmed refusal to accept ceasefire without Ukraine meeting Russia's demands, signaling no imminent political change and contributing to market price decline.
Putin cancels planned meeting with Donald Trump in Budapest
December 31, 2026 dips to 19%1%
A planned meeting between Vladimir Putin and Donald Trump was canceled, signaling ongoing diplomatic tensions and uncertainty about Russia's political direction. This contributed to market skepticism about any imminent change in Putin's presidency.
Putin reiterates no ceasefire until Ukraine meets Russian demands
December 31, 2026 rises to 20%2%
On October 21, Putin and Kremlin officials stated Russia would not agree to a ceasefire until Ukraine and the West met Russia's demands, signaling continued conflict and political stalemate, which maintained market uncertainty about Putin's tenure.
Putin oversees tests of nuclear-powered missile systems amid Ukraine conflict
December 31, 2026 dips to 20%2%
On October 21, 2025, Putin publicly praised the development of the Burevestnik and Poseidon missile systems, emphasizing their historic significance and Russia's military capabilities. This display of strength likely reassured supporters and reduced market expectations of his imminent departure.
Putin reiterates hardline demands on Ukraine amid ongoing conflict
December 31, 2026 rises to 23%3%
On October 21, Putin publicly demanded Ukraine cede all of Donetsk Oblast and suggested willingness to surrender parts of southern Ukraine, signaling no intention to step down and reinforcing his firm stance, which maintained market skepticism about his removal by end-2026.
Putin rejects off-ramp amid worsening economic and military conditions
December 31, 2026 rises to 20%2%
In October 2025, analyses highlighted Putin's rejection of potential exit strategies despite Russia's economic spiral and military depletion, signaling a likely continuation of his presidency and contributing to a temporary price increase in the market.
Hundreds in St. Petersburg sing anti-war song, signaling public dissent
December 31, 2026 rises to 23%3%
A viral video showed hundreds of Russians in Putin’s hometown publicly singing a forbidden anti-war song, a rare act of defiance that underscored growing public dissatisfaction and increased market speculation about Putin’s political stability.
Russia rejects immediate ceasefire, postponing Trump-Putin summit
On October 21, Moscow rejected an immediate ceasefire in Ukraine, causing a planned summit between Putin and Trump to be put on hold. This hardened Russia's position and reduced expectations of a near-term leadership change, contributing to stable market pricing around this date.
Planned Trump-Putin meeting in Budapest canceled amid diplomatic tensions
December 31, 2026 dips to 20%1%
The cancellation of the anticipated meeting between Vladimir Putin and Donald Trump signaled stalled diplomatic progress, reducing speculation about Putin's imminent political exit and causing a slight market price decrease.
Anti-war sentiment grows in Putin’s hometown with public protests
December 31, 2026 rises to 23%4%
Hundreds in St. Petersburg publicly sang a forbidden anti-war song, a rare act of defiance signaling growing public dissent against Putin’s regime, which contributed to a peak in market optimism about Putin’s potential departure by December 31, 2026.
Russia Conducts Successful Test of Burevestnik Nuclear-Powered Cruise Missile
December 31, 2026 rises to 21%1%
Russia successfully tested its pioneering atomic-powered cruise missile, signaling military strength and defiance against Western pressure, which reinforced Putin's domestic stability.
Putin faces most consequential crisis of presidency as Ukraine war drags on
December 31, 2026 dips to 19%1%
A Defense.info report detailed how the Ukraine war had become a military, economic, and strategic quagmire for Putin, marking the most precarious moment of his presidency.
U.S. imposes sweeping sanctions on Russian oil companies and financial sector
December 31, 2026 rises to 23%3%
On October 21, 2025, the U.S. Treasury sanctioned Russia's two largest oil companies and restricted trading in Russian securities, intensifying economic pressure on Putin's regime and increasing market doubts about his presidency lasting through 2026.
Putin faces severe political and economic crises amid war and economic contraction
In October 2025, Putin confronted a major crisis with Russia trapped in a costly war and economic slowdown, yet no indication emerged that he would resign or be removed, which kept market probabilities moderate.
Putin reiterates firm stance on Ukraine conflict demands
On October 21, Putin and Kremlin officials reaffirmed their position on Ukraine, rejecting ceasefire until demands are met, signaling no intention to step down. This reinforced market confidence in Putin's continued presidency, contributing to stable prices around 19%.
White House postpones Trump-Putin summit indefinitely amid Ukraine ceasefire disagreements
On October 21, 2025, the US postponed a planned summit with Putin after Russian Foreign Minister Lavrov contradicted ceasefire understandings, signaling diplomatic tensions but no immediate impact on Putin's presidency. This maintained market skepticism about Putin's imminent removal.
Russian Government Resigns, Signaling Political Reshuffle
December 31, 2026 rises to 21%3%
The Russian government resigned, and Putin announced plans to replace the prime minister, indicating a managed transition of power and raising questions about Putin's future role. This event contributed to increased market speculation about Putin's presidency ending before late 2026.
Kremlin officials blame Ukraine for stalled peace talks amid ongoing war
On October 20, Kremlin officials publicly shifted blame to Ukraine for obstructing peace, while Putin rejected ceasefire proposals, reinforcing his grip on power and reducing market expectations of his imminent removal.
Trump supports ceasefire on Ukraine frontlines, not Putin's territorial demands
December 31, 2026 rises to 22%2%
US President Donald Trump publicly backed a ceasefire along current frontlines rather than Putin's demand for Ukraine to cede Donetsk Oblast, signaling limited diplomatic progress and maintaining Putin's position. This reduced market optimism about Putin's removal by freezing conflict dynamics.
Kremlin blames Ukraine for stalled peace talks amid ongoing conflict
On October 20, Kremlin officials accused Ukraine and Europe of undermining the US-led peace process, while Putin rejected ceasefire proposals, reinforcing his hold on power and reducing market expectations of his early departure.
Russian government resigns amid constitutional changes hinting at regime transition
December 31, 2026 rises to 21%1%
The resignation of the Russian government and proposed constitutional reforms suggested a shift in power structures, signaling a possible transition phase in Putin's regime and raising market speculation about his future.
Senior Russian military officers express dissent over Ukraine war and Putin's leadership
December 31, 2026 rises to 21%2%
Retired and active Russian generals publicly questioned Putin's Ukraine strategy and called for his resignation or removal, signaling cracks within the military elite. This dissent contributed to a slight increase in market pricing for Putin leaving office by the end of 2026.
Russian military offensive in Ukraine stalls amid war of attrition
Reports highlighted Russia's failure to achieve significant military gains, reflecting a precarious situation for Putin's presidency but without immediate political fallout, contributing to cautious market sentiment.
Reports of Trump supporting ceasefire with Ukraine, not Putin’s territorial demands
On October 20, 2025, reports emerged that US President Trump supported a ceasefire on current frontlines rather than Putin’s demand for Ukraine to cede territory, indicating ongoing conflict but no immediate threat to Putin’s presidency. This maintained market skepticism about Putin’s imminent removal.
Ukrainian drone strike disrupts Russian gas processing, impacting economy
December 31, 2026 rises to 23%2%
A Ukrainian drone strike on October 19-20 forced a halt in gas intake at a key Russian plant, reducing production significantly and exacerbating Russia's economic difficulties, which contributed to social discontent but did not trigger leadership change.
Top US military officials criticize Pentagon leadership amid turmoil
Although focused on US defense, this event reflected broader geopolitical tensions and indirectly affected perceptions of Putin's regime stability, contributing to cautious market sentiment.
Putin proposes territorial concessions to end Ukraine war in call with Trump
December 31, 2026 dips to 20%1%
On October 19, 2025, reports emerged that Putin told Trump Ukraine must surrender Donetsk to end the war, signaling ongoing conflict and no indication of Putin stepping down, which kept market confidence in his presidency stable.
Putin’s regime begins transition with delegation of routine management
In 2024-2025, Putin started delegating routine management while retaining strategic control, with Alexei Dyumin acting as a de facto vice-president. This indicated a regime transition but not a departure from the presidency, tempering market expectations for an imminent exit.
Putin demands Ukraine surrender Donetsk to end war, signaling hardline stance
December 31, 2026 rises to 21%1%
Putin's phone call with Trump revealed his insistence on Ukraine ceding Donetsk as a condition for peace, reinforcing his uncompromising position and reducing market expectations of his stepping down soon.
Putin proposes Ukraine surrender Donetsk to end war
Putin reportedly told Trump that Ukraine must surrender Donetsk as a condition for ending the war, signaling a hardline stance that impeded peace talks and maintained his grip on power, which kept market confidence in his presidency stable.
Putin reiterates hardline stance on Ukraine territorial demands
Putin publicly demanded Ukraine cede Donetsk Oblast and suggested willingness to surrender parts of southern Ukraine, signaling continued commitment to his presidency and war strategy, which likely reduced market expectations of his imminent removal.
Putin proposes Ukraine surrender terms in phone call with Trump
December 31, 2026 dips to 20%1%
On October 19, 2025, reports emerged that Putin told Trump Ukraine must surrender Donetsk to end the war, signaling Putin's continued control and strategic positioning rather than any imminent resignation. This maintained market skepticism about Putin leaving office soon.
Putin demands Ukraine cede Donetsk Oblast, hints at territorial concessions
December 31, 2026 rises to 21%1%
Putin reiterated his demand that Ukraine cede all of Donetsk Oblast as a condition for ending the war and suggested willingness to surrender parts of southern Ukraine, signaling a hardline stance that complicated peace prospects and maintained uncertainty about his political future.
Putin reiterates demand for Ukraine to cede Donetsk Oblast
On October 19, Putin publicly demanded Ukraine cede Donetsk Oblast as a condition for ending the war, signaling his unwillingness to compromise and impeding peace efforts. This hardened stance likely contributed to market skepticism about his political stability and tenure.
Anti-war protests in Putin's hometown signal growing dissent
December 31, 2026 rises to 21%3%
Hundreds in St. Petersburg publicly sang a forbidden anti-war song, a rare act of defiance indicating increasing domestic opposition to Putin's regime. This social unrest added to market speculation about Putin's political stability and potential exit by late 2026.
Anti-war protest in Putin's hometown signals growing dissent
December 31, 2026 rises to 21%2%
A viral video showed hundreds in St. Petersburg singing a forbidden anti-war song, reflecting increasing public dissent and pressure on Putin's regime, which contributed to a temporary rise in market uncertainty.
US President Trump supports ceasefire talks with Ukraine, diverging from Putin's demands
December 31, 2026 rises to 20%2%
Trump's meeting with Zelensky ended with support for a ceasefire rather than Putin's territorial demands, highlighting diplomatic challenges for Putin and contributing to market uncertainty about his political stability.
Putin Plays to Trump’s Ego as U.S. Wavers on Ukraine Aid
December 31, 2026 dips to 19%1%
Following a phone call with Putin, U.S. President Trump expressed doubts about supplying Ukraine with more powerful weapons, indicating potential shifts in international pressure on Putin. This diplomatic development slightly influenced market perceptions but did not suggest imminent regime change.
Hundreds in St. Petersburg publicly sing forbidden anti-war song
December 31, 2026 rises to 21%2%
A rare public act of defiance in Putin's hometown signaled growing internal dissent and dissatisfaction with his regime, increasing market concerns about political stability and Putin's tenure.
Putin's ability to travel to Hungary questioned amid sanctions and ICC warrant
EU sanctions and the ICC arrest warrant cast doubt on Putin's ability to travel to Budapest to meet Donald Trump, highlighting international legal and diplomatic constraints but no direct impact on his presidency.
Trump supports ceasefire on Ukraine frontlines, diverging from Putin's demands
December 31, 2026 rises to 22%2%
US President Trump's meeting with Ukrainian President Zelensky resulted in backing a ceasefire without conceding territory to Russia, undermining Putin's war objectives and signaling potential political instability, which influenced market sentiment on Putin's presidency duration.
Trump meets Zelensky; no immediate plans for Putin summit
December 31, 2026 dips to 20%1%
US President Trump's meeting with Ukraine's Zelensky and the absence of a planned summit with Putin signaled ongoing geopolitical tensions without direct engagement, maintaining Putin's position and lowering chances of his removal.
Putin plans meeting with Trump in Hungary amid ICC arrest warrant concerns
December 31, 2026 rises to 22%1%
Putin's planned meeting with Donald Trump in Budapest raised questions about his ability to travel freely due to the ICC arrest warrant and EU sanctions. Despite these legal challenges and Poland's warning about possible arrest if Putin's plane enters its airspace, the event underscored Putin's continued active role, supporting market stability.
Putin faces unprecedented crises amid Ukraine war stalemate
December 31, 2026 dips to 20%2%
In October 2025, Putin confronted a severe crisis with military stalemate, economic strain, and sanctions degrading Russia's military-industrial complex, raising questions about his long-term presidency but no immediate threat to his position.
Growing signs of dissent and anti-war protests in Russia
December 31, 2026 rises to 21%2%
Videos of Russians in St. Petersburg singing forbidden anti-war songs and increasing dissent among elites highlighted cracks in Putin's support, raising questions about regime stability but no immediate change in presidency.
Mikhail Khodorkovsky and opposition figures charged by FSB amid succession fears
December 31, 2026 rises to 19%1%
The FSB's charges against prominent opposition figures, including Khodorkovsky, highlighted the Kremlin's tightening grip and fears over Putin's succession, contributing to market uncertainty about Putin's tenure.
Discussion of Putin's succession intensifies amid health and political concerns
December 31, 2026 rises to 21%2%
Reports highlighted ongoing debates about who might succeed Putin, with no clear successor groomed, fueling uncertainty about the regime's future. This contributed to a slight increase in market pricing for Putin leaving office by late 2026.
Analysis highlights Putin facing most consequential crisis of presidency
December 31, 2026 rises to 22%3%
Reports emphasized the severe military and economic challenges confronting Putin, increasing speculation about his political future but without concrete signs of resignation or removal, contributing to slight market volatility.
Hundreds in Putin's hometown publicly sing anti-war song in rare defiance
December 31, 2026 rises to 21%3%
A viral video of public dissent in St. Petersburg signaled growing domestic unrest, briefly raising market concerns about Putin's hold on power.
FSB charges 22 exiled Russian opposition figures including Khodorkovsky
December 31, 2026 rises to 19%1%
The Russian security service's charges against prominent exiled opposition figures underscored Putin's continued crackdown on dissent, reinforcing regime control but also signaling internal pressures that kept the market cautious about Putin's long-term tenure.
Russian opposition and analysts highlight Putin’s precarious position amid war and internal dissent
December 31, 2026 rises to 21%2%
Reports emphasized Putin facing the most consequential crisis of his presidency due to the ongoing war in Ukraine and growing internal dissent, increasing market speculation about his political future and potential exit.
Growing fears about Putin's health and succession intensify
December 31, 2026 rises to 21%3%
Speculation about Putin's health, possibly Parkinson's disease, and discussions about potential successors increased, contributing to market uncertainty about his tenure.
Growing public dissent in Putin's hometown with anti-war protests
December 31, 2026 rises to 21%3%
A viral video showed hundreds in St. Petersburg publicly singing a forbidden anti-war song, signaling rising internal dissent and potential instability within Putin's regime, which slightly increased market concern about his tenure.
Growing fears over Putin's health amid speculation of Parkinson's disease
December 31, 2026 rises to 19%2%
Former MI6 chief and analysts highlighted concerns about Putin's deteriorating health, fueling market uncertainty about his ability to remain in power through the market's timeframe.
Discussion intensifies on Putin's succession amid aging and regime transition
December 31, 2026 rises to 19%2%
Analysts and opposition figures highlighted concerns about Putin's age and potential successors, noting regime changes and elite reshuffling in 2024-2025. This contributed to market interest in the possibility of Putin leaving office by the end of 2026.
FSB charges 22 opposition figures including Khodorkovsky amid political crackdown
December 31, 2026 rises to 19%1%
On October 16, 2025, the FSB charged prominent opposition figures, signaling Putin's continued grip on power and crackdown on dissent, which tempered market expectations of his imminent removal.
Mikhail Khodorkovsky highlights Putin's age and succession fears amid political repression
December 31, 2026 rises to 21%2%
On October 16, opposition leader Khodorkovsky discussed the inevitability of Putin's departure due to age and historical precedent, while noting ongoing repression of dissent, which added to market speculation about Putin's future and potential exit timeline.
Trump announces plan for second summit with Putin to end Ukraine war
US President Trump declared intentions for another meeting with Putin aiming to negotiate an end to the Ukraine conflict. This diplomatic engagement suggested Putin's ongoing leadership and influence, reducing market odds of his departure.
Putin and Trump Agree to Another Summit on Ukraine War Amid Rising Tensions
December 31, 2026 rises to 21%4%
The surprise agreement for another summit between Putin and Trump signaled ongoing diplomatic engagement but also highlighted Moscow's concerns over fresh U.S. support for Ukraine. This event contributed to a slight market price increase reflecting uncertainty about Putin's future amid war pressures.
FSB charges 22 exiled opposition figures including Khodorkovsky
December 31, 2026 rises to 21%2%
The FSB charged prominent opposition figures, signaling Putin's regime tightening control amid political challenges, which may have increased market concerns about regime stability but did not indicate imminent presidential change.
Putin faces most consequential crisis of his presidency amid war and economic strain
December 31, 2026 rises to 21%4%
Reports highlighted Putin's precarious position due to the ongoing war in Ukraine and economic difficulties, increasing market speculation about his potential exit.
Mikhail Khodorkovsky and opposition figures charged by FSB amid regime tensions
December 31, 2026 rises to 21%3%
The FSB's crackdown on prominent opposition figures, including Khodorkovsky, highlighted internal regime instability and fears about Putin's succession, contributing to increased market speculation about his potential exit.
Growing fears about Putin's health amid speculation of degenerative illness
December 31, 2026 rises to 21%3%
Speculation intensified that Putin suffers from a degenerative illness such as Parkinson's, with experts and former intelligence officials commenting on his declining health, which raised doubts about his long-term presidency.
PACE votes to create dialogue platform with exiled Putin opponents; Russia opens criminal probe
December 31, 2026 rises to 21%3%
The Parliamentary Assembly of the Council of Europe initiated a platform for dialogue with exiled opponents of Putin, prompting Russia's FSB to open a criminal investigation accusing dissidents of plotting to seize power. This heightened political tensions but did not indicate imminent leadership change, causing a moderate market uptick.
Economic hardship fuels social discontent amid Putin's presidency
December 31, 2026 rises to 19%2%
Rising inflation and economic struggles have alienated Putin's core electorate, intensifying social dissatisfaction and contributing to perceptions of a precarious presidency, which influenced market sentiment.
Anti-war song sung publicly in Putin's hometown of St. Petersburg
December 31, 2026 rises to 19%2%
Hundreds of Russians in St. Petersburg publicly sang a forbidden anti-war song, signaling growing dissent and unrest within Putin's base of support. This rare act of defiance contributed to increased market speculation about Putin's political stability.
Anti-war protests and dissent grow in Putin’s hometown of St. Petersburg
December 31, 2026 rises to 22%3%
A viral video showed hundreds in St. Petersburg singing a forbidden anti-war song, highlighting growing dissent and weakening regime stability, which contributed to increased market speculation about Putin’s potential removal.
Russian government resigns amid constitutional reform proposals
December 31, 2026 rises to 21%2%
The Russian government resigned, and Putin proposed constitutional changes to shift power towards the prime minister and reshape governance, signaling a potential post-presidential role for Putin and reducing chances of his immediate departure.
Retired Russian General Calls for Putin's Resignation Over Ukraine War
December 31, 2026 rises to 20%3%
Retired Colonel-General Leonid Ivashov publicly called for President Putin to resign or be constitutionally removed due to the ongoing Ukraine conflict, signaling growing dissent within military circles. This statement briefly increased market speculation about Putin's potential departure.
Kremlin Rejects Trump's Warning of Russian Economic Collapse
December 31, 2026 rises to 23%1%
Deputy Prime Minister Alexander Novak dismissed U.S. President Trump's claims that Russia's economy was near collapse, asserting economic stability despite sanctions. This reassured markets about Putin's hold on power amid economic challenges, tempering fears of imminent political change.
Putin proposes constitutional changes to retain power beyond 2024
December 31, 2026 rises to 22%4%
Putin's annual address included proposals to amend the constitution to limit presidential power but create a new political structure allowing him to remain central to power after 2024, dampening prospects of his leaving the presidency soon.
Putin announces major constitutional changes and government resigns
December 31, 2026 rises to 22%4%
The Russian government resigned and Putin proposed constitutional reforms that would limit presidential power and shift authority to the prime minister and legislature, signaling a potential managed transition and raising speculation about Putin's future role.
Putin cancels Russia-Arab summit, signaling waning Middle East influence
Putin was forced to cancel a key summit due to low attendance, highlighting Russia's declining international standing amid the Ukraine war. This event contributed to perceptions of weakening Putin authority, slightly pressuring the market.
Opposition figures and exiled politicians charged by FSB amid succession fears
December 31, 2026 rises to 20%2%
The FSB charged prominent opposition figures, signaling Putin's regime tightening control amid growing speculation about his succession and health, which increased market speculation about a potential leadership change.
Experts discuss Putin's unmanageable leadership and longevity
December 31, 2026 rises to 19%1%
Analysts and experts highlighted Putin's long tenure and unyielding leadership style, emphasizing the challenges in predicting his departure. This reinforced market skepticism about an imminent exit.
Anti-war protests in St. Petersburg signal growing dissent against Putin
December 31, 2026 jumps to 22%5%
A viral video showed hundreds in Putin's hometown singing a forbidden anti-war song, highlighting increasing public and elite dissatisfaction. This social unrest contributed to market concerns about Putin's political stability and potential early departure.
Putin announces successful testing of nuclear ramjet cruise missile
December 31, 2026 rises to 21%3%
Putin's announcement on October 15 about the successful testing of the Burevestnik nuclear ramjet cruise missile was a demonstration of strength amid internal and external pressures, temporarily boosting confidence in his regime's stability.
Putin signals continued control amid economic and military pressures
December 31, 2026 rises to 21%3%
Amid worsening economic conditions and military strain, Putin rejected potential off-ramps in 2025, signaling a likely continuation of his presidency despite growing challenges. This reinforced market skepticism about his imminent departure, causing a price increase in the likelihood of him leaving to peak around this date.
Putin’s exiled opponents remain a threat amid growing dissent
December 31, 2026 rises to 21%2%
On October 15, 2025, analysis highlighted that Putin’s exiled political opponents continue to pose a legitimacy threat in the event of a power transition, underscoring the regime’s fragility but not indicating imminent removal of Putin himself.
Russian military-industrial decline and war stalemate deepen Kremlin crisis
December 31, 2026 rises to 23%4%
A report detailed the severe degradation of Russia's military-industrial complex and the unsustainable war effort in Ukraine, highlighting the unprecedented crisis facing Putin's presidency. This intensified concerns about Putin's political future, reflected in a peak market price of 23% for his exit by end of 2026.
Putin meets with Syria's President amid Kremlin opposition crackdown
December 31, 2026 rises to 21%2%
On October 15, Putin held a meeting with Syria's President while Russia intensified actions against exiled opposition figures. This demonstrated Putin's continued exercise of presidential duties and control over domestic politics, countering narratives of imminent removal.
Growing war fatigue and calls for peace talks in Russia
December 31, 2026 rises to 21%3%
Surveys indicated a record 66% of Russians favored peace talks, reflecting increasing war fatigue. However, Putin faced a crisis but showed no signs of stepping down, maintaining his position despite internal pressures, which kept market probabilities low.
Putin faces unprecedented crises amid ongoing Ukraine war
December 31, 2026 rises to 20%2%
In mid-October 2025, Putin confronted a confluence of military stalemate, economic hardship, and political risks, marking the most consequential crisis of his presidency. This heightened uncertainty likely contributed to early market volatility.
Growing dissent among Russian military officers calls for Putin’s resignation
December 31, 2026 rises to 21%3%
Retired and active Russian military officers publicly questioned Putin’s Ukraine strategy and called for his resignation, highlighting internal cracks in the regime and increasing market uncertainty about Putin’s continuation as president.
Russian opposition figures charged by FSB amid crackdown
December 31, 2026 rises to 21%2%
The FSB charged 22 exiled politicians and activists opposing Putin, signaling increased repression and consolidating Putin's grip on power, which likely maintained market skepticism about his imminent removal.
Putin meets Syrian interim president amid questions on Kremlin's foreign setbacks
December 31, 2026 rises to 22%2%
Putin's meeting with Syria's interim president highlighted ongoing foreign policy challenges and Kremlin's strained position, contributing to perceptions of a regime under pressure but not yet destabilized.
Mikhail Khodorkovsky and other opposition figures charged by FSB
December 31, 2026 rises to 19%2%
The FSB charged 22 exiled opposition figures, including Mikhail Khodorkovsky, signaling increased repression and political tension within Russia. This heightened concerns about internal dissent and regime stability, influencing market perceptions of Putin's tenure.
Russia escalates drone incursions into European airspace
December 31, 2026 rises to 19%1%
Since early September, Russia sent dozens of drones into European airspace, prompting NATO to invoke Article 4 and heightening tensions. This aggressive posture was seen as Putin's attempt to project strength, temporarily increasing market uncertainty about his political future.
Kremlin spokesperson Dmitry Peskov states Russia ready for peaceful settlement but continues war
December 31, 2026 rises to 19%2%
Peskov's statement on October 14 reiterated Russia's commitment to war aims despite readiness for peace, reflecting ongoing military stalemate and political pressure on Putin's leadership, which influenced market perceptions of his presidency's stability.
Retired Russian General Calls for Putin's Resignation
December 31, 2026 rises to 19%2%
Retired Colonel-General Leonid Ivashov publicly urged Vladimir Putin to resign or be removed constitutionally, citing the unsustainable Ukraine war and internal weaknesses. This statement heightened market concerns about Putin's presidency stability, contributing to a price increase.
Opposition leader Khodorkovsky highlights Putin succession fears
December 31, 2026 rises to 21%3%
Mikhail Khodorkovsky discussed the lack of a clear successor to Putin and the risks associated with his advancing age, fueling speculation about potential regime change. This commentary contributed to market doubts about Putin's long-term hold on power but did not signal imminent resignation.
Russia expert highlights Putin's growing desperation over Ukraine war
December 31, 2026 rises to 19%2%
On October 13, 2025, expert Nigel Gould-Davies noted Putin's increasingly aggressive tactics as signs of desperation amid the ongoing Ukraine conflict, raising market speculation about Putin's political stability and potential exit by late 2026.
Kremlin considers replacing governors ahead of 2026 Duma elections
December 31, 2026 rises to 21%3%
On October 13, sources close to the Kremlin indicated plans to replace select federal subject governors to boost public sentiment before the 2026 elections, signaling political maneuvering but no direct threat to Putin's presidency. This suggested regime stability despite internal challenges.
US President Trump signals potential missile support to Ukraine amid conflict
December 31, 2026 rises to 19%2%
On October 13, 2025, US President Donald Trump stated he might supply Tomahawk cruise missiles to Ukraine if the conflict with Russia was not resolved, increasing geopolitical tensions but not directly affecting Putin's presidency status.
Kremlin considers replacing federal governors ahead of 2026 elections
December 31, 2026 rises to 19%1%
Reports indicated the Kremlin was planning to replace some regional governors to boost political support before the 2026 Duma elections, signaling internal political maneuvering but no direct threat to Putin's presidency.
Rising public dissent in Putin’s hometown with anti-war protests
December 31, 2026 rises to 20%3%
Hundreds of Russians in St. Petersburg publicly sang a forbidden anti-war song, a rare act of defiance that highlighted growing public dissatisfaction and regime brittleness, contributing to increased market expectations of Putin’s potential exit.
Hundreds in St. Petersburg publicly sing anti-war song calling for Putin's removal
December 31, 2026 rises to 20%2%
A viral video showed hundreds of Russians in Putin's hometown singing a forbidden anti-war song, signaling growing public dissent and potential elite dissatisfaction, which increased market speculation about Putin's political future.
Russian authorities open criminal case against exiled oligarch Khodorkovsky and dissidents
December 31, 2026 dips to 20%1%
The Kremlin's crackdown on opposition figures signals increased political repression but no indication of Putin's removal. This contributed to market uncertainty and a slight price decline.
Putin signs decree to subsidize oil refineries amid gasoline shortages
December 31, 2026 rises to 21%3%
Putin's decree to support oil refineries reflects ongoing economic strain but no political instability threatening his presidency. The market price rose slightly as this showed Putin's active governance despite challenges.
Putin faces severe economic and military crises amid Ukraine war
In October 2025, Putin confronted a confluence of crises including a war of attrition in Ukraine Russia could not win militarily or afford economically, with downgraded growth forecasts and increased taxes to fund defense. This heightened uncertainty about his presidency but did not lead to any resignation signals.
Putin faces unprecedented crises amid war and economic downturn
December 31, 2026 rises to 22%4%
In October 2025, Putin confronted a severe crisis with Russia trapped in a costly war and economic contraction, which initially raised market uncertainty about his presidency's stability, reflected in a price peak at 22%.
Putin signs decree suspending fuel subsidy reductions amid energy sector strikes
On October 12, Putin signed a decree to suspend reductions in fuel damper subsidies to oil refineries, responding to Ukraine's strike campaign destabilizing Russia's gasoline sector. This demonstrated Putin's active governance and control, reducing market speculation about his removal.
Trump Warns of Supplying Long-Range Tomahawk Missiles to Ukraine if War Is Not Settled
December 31, 2026 rises to 19%2%
U.S. President Donald Trump stated he might supply Ukraine with long-range Tomahawk missiles if the conflict is not resolved, briefly raising geopolitical tensions and causing a minor upward fluctuation in the market.
Putin proposes constitutional changes limiting presidential power
December 31, 2026 rises to 19%1%
Putin announced proposed constitutional reforms aimed at reducing presidential authority and enhancing the role of the prime minister, signaling potential shifts in Russia's power structure and raising speculation about his future tenure.
Putin announces upcoming introduction of new weapons amid military tensions
December 31, 2026 rises to 19%1%
Putin's announcement of new strategic weapons and military footage release reinforced his image as a strong leader committed to Russia's military capabilities, reducing market expectations of his imminent departure.
Reports highlight regime transition and personnel changes in Putin’s government
December 31, 2026 rises to 19%1%
Analysis of personnel shifts and government reorganization suggested a gradual transition process within Putin’s regime, increasing speculation about future leadership changes but no immediate removal.
Growing dissent among Russian military officers calls for Putin’s resignation
December 31, 2026 rises to 21%3%
Retired generals and officers publicly questioned Putin’s Ukraine strategy and called for his resignation, highlighting internal pressures. This dissent contributed to a slight increase in market probability of Putin leaving office by late 2026.
Retired Russian General Publicly Calls for Putin's Resignation
December 31, 2026 rises to 20%3%
Retired Colonel-General Leonid Ivashov, head of the All-Russian Officers Assembly, publicly demanded that Vladimir Putin resign or be constitutionally removed due to the ongoing Ukraine conflict. This rare open dissent from a high-ranking military figure increased market speculation about Putin's political stability, causing a price rise in the December 31, 2026 outcome.
Putin holds press conference in Dushanbe, affirming leadership role
December 31, 2026 rises to 19%1%
Putin held a press conference on October 10, 2025, in Dushanbe, discussing bilateral relations and regional cooperation. His public engagement and absence of resignation signals maintained market confidence in his presidency continuing through 2026.
Putin answers media questions in Dushanbe, emphasizing bilateral relations
December 31, 2026 dips to 17%2%
Putin engaged publicly with media, reinforcing his active leadership role and reducing market fears of sudden removal.
Putin answers media questions at summit in Dushanbe
December 31, 2026 rises to 19%2%
Putin held a media session during the Russia-Central Asia summit, demonstrating his active role as president. This public engagement reassured markets of his continued leadership, contributing to a slight price increase.
Putin claims Russia-US understanding on peaceful Ukraine resolution but stresses complexity
December 31, 2026 dips to 17%1%
On October 10, Putin stated that Russia and the US have an understanding on resolving the Ukraine war peacefully but emphasized the complexity and time needed, signaling no immediate political upheaval affecting his presidency. This maintained market stability with a slight price dip reflecting cautious optimism.
Putin answers media questions after Tajikistan visit
Putin's public engagement with the media following his trip to Tajikistan reinforced his active role as president, maintaining his visibility and authority amid ongoing crises.
Putin holds media Q&A in Dushanbe, projecting stability
Putin engaged with media in Tajikistan, discussing bilateral relations and Russia's regional role, signaling no immediate political instability or leadership change. Market prices remained steady around 18%.
Putin attends Russia-Central Asia summit in Tajikistan despite ICC arrest warrant
On October 9, 2025, Vladimir Putin traveled to Tajikistan for a regional summit despite an outstanding International Criminal Court arrest warrant. Tajikistan's failure to arrest him highlighted the limits of international legal pressure but did not affect Putin's hold on power, keeping market prices steady.
Tajikistan hosts Putin despite ICC arrest warrant
December 31, 2026 dips to 18%1%
Putin attended a Russia-Central Asia summit in Tajikistan despite an active ICC arrest warrant, with Human Rights Watch and the ICC coalition criticizing Tajikistan for not arresting him. This event highlighted international legal challenges but did not affect Putin's presidency directly, causing minor market fluctuations.
Putin Visits Tajikistan Despite ICC Arrest Warrant
Putin attended a Russia-Central Asia summit in Tajikistan, a member of the ICC, which had an outstanding arrest warrant for him. Tajikistan’s failure to arrest Putin undermined international legal pressure but did not affect his presidency, keeping market probabilities stable.
Putin admits Russian role in 2024 Azerbaijani jet crash, offers compensation
December 31, 2026 rises to 19%1%
Putin publicly acknowledged Russia's responsibility for the 2024 Azerbaijani jet crash and promised compensation, signaling a rare admission of fault that may have influenced perceptions of his leadership stability. This event contributed to a slight market uptick as it highlighted Putin's engagement with international issues but did not indicate any immediate threat to his presidency.
Putin admits Russian air defenses caused 2024 Azerbaijani jet crash, offers compensation
December 31, 2026 rises to 18%1%
Putin publicly acknowledged Russia's responsibility for the Azerbaijani airliner crash in December 2024, apologizing and committing to compensation. This admission was a significant diplomatic event but did not indicate any change in Putin's presidential status, causing minor market fluctuations.
Putin makes first public appearance in weeks at Tajikistan summit
December 31, 2026 dips to 17%1%
After a period of limited visibility, Putin's attendance at the Tajikistan summit raised health concerns and speculation about his ability to continue in office, causing minor market fluctuations.
Putin makes rare public appearance at Tajikistan summit
December 31, 2026 dips to 17%1%
After weeks of limited visibility, Putin attended a summit in Tajikistan, raising fresh speculation about his health and stability. This event contributed to market uncertainty about his ability to continue as president.
Russian Official Says Momentum for Ukraine Peace Deal After Putin-Trump Summit Has Largely Disappeared
Following the August summit, a top Russian diplomat acknowledged that the impetus for a peace deal had faded, reducing the likelihood of Putin stepping down due to peace negotiations. This diminished hopes for regime change, causing a slight market dip before recovery.
Experts warn Russia faces internal collapse risks amid Ukraine war
December 31, 2026 rises to 18%1%
Analysts highlighted that Putin's continued presidency faces severe challenges due to the protracted Ukraine conflict, economic strain, and historical parallels to past regime collapses, increasing uncertainty about his tenure. This contributed to slight market fluctuations reflecting doubts about Putin's long-term hold on power.
Analysis warns of Russia's potential implosion post-Ukraine war
December 31, 2026 rises to 19%1%
An article highlighted the risks of Russia's internal collapse if Putin remains in power, drawing parallels to historical regime failures and emphasizing the heavy internal pressures on Putin's reign. This analysis likely contributed to a modest increase in market speculation about Putin's potential exit by late 2026.
Putin attends summit in Tajikistan amid health speculation
December 31, 2026 rises to 18%1%
On October 8, 2025, Vladimir Putin made his first visible public appearance in weeks by attending a summit in Tajikistan, which temporarily eased concerns about his health that had been fueling speculation and market uncertainty.
Putin turns 73, chairs Security Council meeting amid ongoing leadership
December 31, 2026 rises to 19%1%
Putin's 73rd birthday was marked by his active role chairing a Security Council meeting and receiving international tributes, signaling his continued leadership and control, which likely reduced market expectations of his imminent departure.
Putin marks 73rd birthday continuing presidential duties
On his 73rd birthday, Vladimir Putin was reported to be actively working and engaging with foreign leaders, indicating no sign of stepping down or removal from office at this time. This reinforced market confidence in his continued presidency.
Putin’s 73rd birthday sparks renewed health rumors
December 31, 2026 rises to 19%1%
On his 73rd birthday, rumors about Vladimir Putin's health, including cancer, resurfaced despite Kremlin denials, fueling speculation about his ability to continue in office. This contributed to slight market price fluctuations reflecting uncertainty about his future as president.
Rumors of Putin's ill health, including cancer, resurface
December 31, 2026 jumps to 22%5%
Speculation about Putin's health intensified after observers noted changes in his appearance, fueling market concerns about his ability to remain in office. The Kremlin denied these claims, but the rumors contributed to volatility in the market.
Putin spends subdued 73rd birthday at work
December 31, 2026 dips to 19%1%
On his 73rd birthday, Putin was publicly seen working and engaging with foreign leaders, signaling continued active leadership and countering rumors of imminent resignation. This helped maintain market confidence in his presidency lasting beyond 2025.
Putin turns 73, continues active presidential duties
December 31, 2026 rises to 19%1%
On October 7, 2025, Putin celebrated his 73rd birthday while continuing to chair Security Council meetings and engage in official duties, signaling no intention to step down and maintaining market confidence in his presidency.
Putin announces Russian forces captured nearly 5,000 sq km in Ukraine in 2025
Putin's statement about territorial gains in Ukraine demonstrated his ongoing command and control over military operations, reinforcing perceptions of his stable hold on power and contributing to market confidence in his presidency lasting through 2026.
Putin spends 73rd birthday working, signaling no immediate plans to step down
December 31, 2026 dips to 17%1%
On his 73rd birthday, Putin was reported to be actively working and engaging with foreign leaders, indicating continued leadership and no signs of resignation. This event likely contributed to a slight market decline in the probability of his leaving office by December 31, 2026.
Putin turns 73, raising questions about his political future
Putin's 73rd birthday highlighted concerns about his longevity in power, as age and health are significant factors in Russian leadership transitions. This event contributed to market speculation but did not immediately affect his presidency status.
Putin claims Russian forces captured nearly 5,000 sq km in Ukraine this year
Putin announced on October 7 that Russian forces had captured significant territory in Ukraine in 2025, asserting continued strategic initiative. This statement suggested Putin's active leadership and control, reducing speculation about his stepping down.
Vladimir Putin celebrates 73rd birthday amid health rumors
On his 73rd birthday, Putin was publicly active but faced renewed rumors about his health, including cancer and Parkinson's disease, which fueled speculation about his ability to continue in office. The Kremlin denied these rumors, but concerns contributed to market uncertainty.
Putin celebrates 73rd birthday amid health speculation
December 31, 2026 rises to 19%1%
On his 73rd birthday, Putin was publicly active but health rumors, including cancer and Parkinson's disease, circulated widely, fueling speculation about his ability to continue in office. This contributed to market uncertainty but no official change occurred.
Putin spends 73rd birthday chairing Security Council meeting
On his 73rd birthday, Vladimir Putin remained actively engaged in presidential duties, chairing a Security Council meeting and receiving international birthday wishes, signaling no intention to resign or step down. This reinforced market confidence in his continued presidency.
Putin warns US Tomahawk missile supply to Ukraine would destroy relations
December 31, 2026 rises to 22%2%
Putin warned that supplying long-range Tomahawk missiles to Ukraine would escalate tensions and damage Russia-US relations, signaling his continued active leadership in foreign policy and military matters, supporting market confidence in his presidency.
Putin highlights historic significance of new nuclear missile systems
On November 4, 2025, Putin praised the development of nuclear-powered cruise missiles as historically significant for Russia, signaling his continued leadership and resolve amid ongoing conflict. This reinforced perceptions of his strong grip on power, contributing to market stability.
Putin Announces Constitutional Changes for Future Referendum
Putin announced proposed constitutional changes to be placed before the people in a future referendum, which may have been a response to governance challenges and internal dissent.
Putin Declares He Is No Tsar and Was Elected by the Russian People
December 31, 2026 dips to 18%1%
Speaking at the Valdai Discussion Club, Vladimir Putin rejected the 'tsar' label, emphasizing his constitutional mandate and electoral support, reinforcing his political legitimacy.
Putin States He Is Not a Tsar, Emphasizing His Elected Presidency
Putin publicly rejected autocratic labels, asserting his legitimacy as an elected president. This statement aimed to reinforce his grip on power amid internal and external pressures, stabilizing market expectations about his continued presidency.
Putin asserts he is not a tsar, emphasizing elected term limits
On October 2, 2025, Vladimir Putin publicly stated he was not a tsar and highlighted that he was elected to serve a specific term, signaling awareness of constitutional limits and possibly hinting at future transitions. This statement contributed to market speculation about his tenure's duration.
Putin publicly denies being a tsar, affirms elected presidency
December 31, 2026 rises to 19%1%
At the Valdai Discussion Club, Putin emphasized he is an elected president serving a term, rejecting autocratic labels. This reinforced market confidence in his continued presidency, stabilizing the market probability around 18-19%.
Putin denies being a tsar, emphasizes elected presidency
Putin publicly stated he is not a tsar but an elected president serving a term, reinforcing his legitimacy and likely dampening market speculation about imminent removal.
Putin rejects 'tsar' label, asserts elected presidency
December 31, 2026 rises to 18%1%
Putin publicly stated he is not a tsar but an elected president serving a term, emphasizing the legitimacy and continuity of his presidency. This statement countered narratives of autocratic rule and reassured markets of his stable hold on power, contributing to price stability.
Putin Rejects 'Tsar' Label at Valdai Conference, Emphasizes Elected Term
December 31, 2026 dips to 18%1%
During the Valdai Discussion Club meeting in Sochi, Putin rejected comparisons to historical emperors, asserting his status as an elected president serving a defined term, which reinforced his political narrative.
Putin Swipes Back at Trump, Asserts Control Over Occupied Regions
December 31, 2026 rises to 22%2%
On October 2, 2025, Putin publicly asserted control over key Ukrainian regions and responded to U.S. President Trump’s statements, signaling his continued grip on power. This likely contributed to a temporary increase in market confidence in Putin's presidency lasting beyond 2026.
Retired Russian General Calls for Putin's Resignation Over Ukraine War
December 31, 2026 dips to 19%1%
Retired Colonel-General Leonid Ivashov publicly urged Vladimir Putin to resign or be constitutionally removed due to the ongoing Ukraine conflict, signaling growing dissent within Russia's military elite and raising market concerns about Putin's political stability.
Putin orders start of fall conscription cycle amid war
December 31, 2026 dips to 18%1%
Putin authorized conscription of 135,000 citizens for military service, underscoring ongoing military commitment and regime stability despite war pressures, which influenced market perceptions of Putin's continued presidency.
Growing military dissent calls for Putin’s resignation over Ukraine war
December 31, 2026 rises to 19%1%
Retired Colonel-General Leonid Ivashov publicly called for Putin to resign or be removed due to the unsustainable Ukraine war, signaling increasing elite military opposition and raising market concerns about Putin’s tenure.
PACE opens political dialogue with Russian exiles opposing Putin
The Parliamentary Assembly of the Council of Europe initiated talks with Russian exiles advocating regime change, highlighting international and internal opposition to Putin's presidency, which may have influenced market perceptions of his political vulnerability.
Russian government resigns amid calls for reform
December 31, 2026 rises to 20%1%
The Russian government resigned, and Putin announced plans to recommend a new prime minister, signaling dissatisfaction with governance and potential shifts in power structure. This raised market speculation about Putin's future presidency.
Russian military offensive in Ukraine stalls amid attrition war
December 31, 2026 dips to 17%2%
By October 2025, Russia's military campaign in Ukraine had devolved into a costly war of attrition with no significant gains, undermining Putin's position and contributing to market doubts about his continued presidency.
Russian government resigns; Putin proposes constitutional changes
December 31, 2026 dips to 18%1%
The Russian government resigned, and Putin announced constitutional reforms to strengthen the prime minister's role, signaling a managed transition but retaining Putin's control. This reduced market confidence in Putin's imminent departure.
Retired Russian generals publicly call for Putin's resignation
December 31, 2026 rises to 19%1%
Retired Colonel-General Leonid Ivashov and other officers voiced opposition to Putin's Ukraine strategy, calling for his resignation or removal, signaling growing dissent within Russia's military elite and raising market concerns about Putin's tenure.
Putin orders highest fall conscription target in 9 years
On September 29, Putin ordered the conscription of 135,000 men, the largest in nine years, signaling continued military commitment amid the Ukraine conflict. This reinforced perceptions of Putin's ongoing control and resolve, limiting expectations of his imminent departure.
Putin thanks voters for participation in September elections
On September 26, 2025, Vladimir Putin publicly thanked voters for their participation in regional elections, signaling his continued active role in Russian politics and consolidating his political support. This event reinforced market confidence in Putin's ongoing presidency, contributing to stable or slightly higher prices before a subsequent decline.
Putin Rejects Off-Ramp Amid Economic and Military Pressures
Despite severe economic decline and military strain, Putin rejected opportunities to step down in 2025, signaling a commitment to remain in power. This maintained market uncertainty but did not increase chances of his removal.
Putin ally Dmitry Kozak resigns as Kremlin Deputy Chief of Staff
December 31, 2026 dips to 18%1%
Dmitry Kozak, a longtime close collaborator of Putin who had privately opposed the Ukraine invasion, resigned from his deputy chief of staff role. This event suggested possible cracks within Putin's inner circle, briefly increasing market speculation about Putin's potential removal.
Putin accepts resignation of key deputy Dmitry Kozak
December 31, 2026 rises to 20%1%
Putin formally accepted the resignation of Dmitry Kozak, a prominent official known for opposing the Ukraine war, highlighting internal dissent and weakening Putin's political cohesion, which influenced market perceptions of his tenure ending by December 31, 2026.
Meduza reports on fall of 'Putin's point man' Dmitry Kozak
Dmitry Kozak, the only senior Russian official believed to have opposed the war against Ukraine, resigned as Deputy Chief of Staff. His departure was relatively mild and did not indicate any threat to Putin's presidency.
Dmitry Kozak resigns as deputy chief of Putin’s administration
December 31, 2026 rises to 19%1%
Dmitry Kozak's resignation marked a notable personnel change within Putin's administration, sparking speculation about internal political shifts and potential regime transition dynamics, which influenced market perceptions of Putin's stability in office.
Putin Announces Russia Will Stick to Nuclear Arms Limits for One More Year
December 31, 2026 dips to 19%1%
Putin declared Russia would maintain the New START nuclear arms treaty for another year, signaling a desire for stability amid ongoing conflict. This statement reinforced Putin's control and strategic positioning, slightly reducing market expectations of his early exit.
Putin Declares Russia Will Adhere to Nuclear Arms Limits for One More Year
December 31, 2026 dips to 18%1%
Putin announced that Russia will continue to abide by the New START treaty limits for a year after its February 2026 expiration, projecting stability and long-term strategic planning.
Putin commits to adhering to nuclear arms limits for one more year
Putin's announcement to abide by the New START treaty for an additional year suggested a desire for stability and continuity in international relations, reducing speculation about abrupt political upheaval.
Russian General Alexander Lapin Dismissed From Military Service
Putin formalized Lapin's dismissal, a move that may reflect broader military leadership changes and further signals instability within the Russian military establishment.
Putin Announces Russia Will Adhere to New START Nuclear Limits for One More Year
President Vladimir Putin announced that Russia would voluntarily stick to the strategic nuclear warhead limits of the New START treaty for an additional year after its expiration in February 2026, signaling a calculated diplomatic posture.
Putin Commits to Extending Russia's Nuclear Arms Limits for One More Year
December 31, 2026 dips to 18%2%
Putin announced Russia would stick to nuclear arms limits for another year, signaling a continued strategic posture and stability in his leadership approach, which likely reassured markets about regime continuity.
Putin orders stepped-up attacks on Ukraine, confident Trump won’t intervene
December 31, 2026 dips to 18%2%
Putin decided to escalate military operations in Ukraine, believing US President Trump would not significantly support Kyiv. This military escalation indicated Putin's continued hold on power and strategic control, dampening market speculation about his removal.
Putin’s regime shows signs of transition with personnel changes
December 31, 2026 rises to 19%2%
Personnel changes and reorganization in 2024-2025 indicate a regime transition process, with authority still concentrated in Putin's hands but routine management delegated. This suggested a longer-term shift rather than immediate departure, influencing market sentiment moderately.
Dmitry Kozak Resigns as Kremlin Deputy Chief of Staff
Dmitry Kozak, a long-serving aide to President Putin who was critical of the invasion of Ukraine, resigned from his post. This departure removed a potential internal dissenting voice, further consolidating Putin's control.
Putin Ally Dmitry Kozak Resigns as Kremlin Deputy Chief of Staff
December 31, 2026 rises to 20%1%
Dmitry Kozak, a longtime close associate of Putin who had privately opposed the Ukraine invasion, resigned from his deputy chief of staff position. This event introduced some uncertainty about Putin's inner circle stability, briefly impacting market perceptions of Putin's hold on power.
Putin orders succession plan emphasizing veterans of Ukraine war
December 31, 2026 dips to 18%1%
Putin stated that the next generation of Russian leadership must be veterans of the Ukraine war, signaling a managed transition but no immediate exit, which maintained market skepticism about his near-term departure.
Putin Removes Kozak, Deputy Head of Presidential Administration
Dmitry Kozak, a longtime aide to Putin who reportedly opposed the Ukraine invasion, resigned from his position. This was one of the few known internal dissenters in Putin's circle, signaling potential instability within the Kremlin leadership.
Longtime Putin aide Dmitri N. Kozak resigns after opposing Ukraine war
Kozak, a trusted aide who privately believed the Ukraine invasion was a mistake, resigned his post, signaling growing internal dissent within Putin's inner circle about the war strategy.
Kremlin confirms resignation of Putin's deputy chief of staff Dmitry Kozak
Dmitry Kozak, a long-time aide to Vladimir Putin who reportedly believed the Ukraine invasion was a mistake, resigned amid growing internal dissent within the Russian government. This event reflected potential cracks in Putin's leadership but did not result in Putin's removal.
Longtime Putin aide Dmitry Kozak resigns amid inner circle dissent
Dmitry Kozak, a senior and trusted aide known for opposing the Ukraine war, resigned, signaling rare cracks within Putin's close administration. This event raised speculation about internal instability but did not directly indicate Putin's imminent departure, causing a modest market impact on the December 31, 2026 outcome.
Kremlin confirms resignation of Dmitry Kozak, Putin aide critical of Ukraine war
Dmitri N. Kozak, a long-serving aide to Vladimir Putin who had expressed opposition to the Ukraine invasion, resigned from his position. This was one of the few known dissenting voices within Putin's inner circle, potentially signaling internal tensions but not affecting Putin's presidency.
Dmitry Kozak, Putin’s Deputy Chief of Staff, Resigns
December 31, 2026 rises to 22%3%
Dmitry Kozak, a longtime close associate of Vladimir Putin who reportedly opposed the Ukraine war, resigned from his Kremlin post, signaling potential internal dissent within Putin’s administration. This event caused some market uncertainty about Putin’s grip on power, reflected in a temporary price increase.
Putin's Deputy Chief of Staff Dmitry Kozak Resigns Amid War Opposition
December 31, 2026 rises to 20%1%
Dmitry Kozak, a long-time close associate of Putin who reportedly opposed the Ukraine war, resigned on September 18, 2025. This event suggested internal Kremlin dissent and raised questions about Putin's political stability, briefly increasing market speculation about potential leadership changes affecting the December 31, 2026 outcome.
Longtime Putin aide Dmitri Kozak resigns amid Ukraine war opposition
December 31, 2026 dips to 18%1%
Dmitri Kozak, a senior Kremlin aide known to oppose the Ukraine invasion, resigned, highlighting internal dissent and increasing concerns about Putin's grip on power. This event contributed to a slight dip in market confidence regarding Putin's continued presidency.
Putin signals possible tax hikes amid budget struggles
Putin indicated openness to raising taxes, especially on the wealthy, to address budget shortfalls caused by the ongoing war in Ukraine, signaling economic pressures but no direct threat to his presidency. This fiscal policy stance contributed to market uncertainty about regime stability.
Putin Aide Dmitri Kozak Resigns Over Ukraine War Opposition
Kozak, a long-serving aide who believed the Ukraine invasion was a mistake, resigned, signaling growing dissent within Putin's inner circle and raising concerns about potential instability in the Kremlin.
Kremlin Announces Resignation of Longtime Putin Aide Dmitri Kozak
Dmitri N. Kozak, a senior aide to Vladimir Putin who had privately expressed doubts about the Ukraine war, resigned his post. This personnel change reflects internal dissent but did not result in Putin stepping down as President.
Putin Orders Succession Plan Sourcing Next Leaders from Ukraine War Veterans
President Putin announced that the next generation of Russia's political leadership must be veterans of the Ukraine war, entrenching hard-line nationalism and securing a loyal future political class.
Dmitry Kozak, Putin's deputy chief of staff, resigns
December 31, 2026 dips to 18%1%
Dmitry Kozak, a senior Kremlin official and one of the few known to oppose the Ukraine war, resigned from his post. This event signaled some internal dissent but did not directly imply any change in Putin's presidency, causing only minor market fluctuations.
Putin publicly muses on immortality and succession challenges
Putin's comments on prolonging life and the lack of a hand-picked successor highlighted the regime's succession dilemma, increasing market uncertainty about his potential departure timing.
Putin Ally Dmitry Kozak Resigns as Kremlin Deputy Chief of Staff
December 31, 2026 dips to 18%1%
Dmitry Kozak, a longtime Putin confidant, resigned amid reports of losing favor due to opposing the Ukraine war, signaling a shift towards hardliners in the Kremlin and increasing political uncertainty about Putin's inner circle stability.
Putin delivers message to Ukraine, Europe and Trump amid intensified airstrikes
Putin reaffirmed Russia's aggressive stance in Ukraine, demonstrating continued commitment to the war effort despite mounting criticism and potential internal dissent.
Putin signals determination to dictate Ukraine war terms amid military escalation
Putin held a lengthy news conference emphasizing Russia's military upper hand and escalated airstrikes in Ukraine, reinforcing his intent to continue the conflict on his terms. This assertive stance reduced market expectations of his imminent removal, as he appeared firmly in control.
Putin Ally Dmitry Kozak Resigns as Kremlin Deputy Chief of Staff
December 31, 2026 rises to 19%1%
Dmitry Kozak, a longtime confidant of Putin who had privately opposed the Ukraine war and urged peace talks, resigned from his deputy chief of staff role. This signaled a shift towards hardliners in the Kremlin, increasing uncertainty about Putin's political stability and slightly raising market expectations of his potential removal.
Putin Offers Conditional Peace Talks but Warns of Force in Ukraine
On September 3, 2025, Putin publicly stated a preference for ending the Ukraine war through negotiations but warned he was prepared to end it by force if necessary. This reinforced his commitment to maintaining power and control, reducing market expectations of his imminent departure by December 31, 2026.
Putin emphasizes continued Russia-China cooperation ahead of SCO summit
December 31, 2026 dips to 18%1%
Putin's statements on strengthening ties with China and attending major international summits underscored his stable hold on power and strategic focus, further diminishing market expectations of his exit within the timeframe.
German Chancellor Merz says Putin-Zelenskyy summit unlikely
December 31, 2026 dips to 18%1%
Germany's Friedrich Merz publicly stated that a direct summit between Putin and Zelenskyy would not happen, casting doubt on peace negotiations and indicating Putin's continued hold on power and control over the conflict's direction.
Experts affirm coup against Putin remains highly unlikely
Analyses reiterated that despite speculation, Putin's regime is 'coup-proofed' with loyal security forces and centralized control, making his removal unlikely and supporting market confidence in his presidency through 2026.
Analysis confirms Putin's position remains secure despite war and sanctions
Experts and reports concluded that Putin's regime is 'coup-proofed' and his removal unlikely, which aligns with the market's low probability pricing for his removal by end of 2026.
Experts affirm Putin's position remains secure despite coup rumors
Analyses reiterated that a coup to overthrow Putin is highly unlikely due to his regime's strong control and loyal security forces, maintaining low market expectations for his departure within the timeframe.
Analysis suggests Putin's removal only possible via coup, which remains unlikely
December 31, 2026 dips to 18%1%
An expert analysis published on August 26, 2025, concluded that the only plausible way for Putin to leave office is through a coup, which is highly unlikely due to his regime's strong internal controls. This assessment likely contributed to the market's declining probability for Putin's early exit.
Trump Considers Legislative Pressure to Force Putin Back to Negotiations
Reports emerged that Trump had a bill ready to pressure Putin to return to peace talks, signaling ongoing diplomatic efforts but no immediate change in Putin’s status. This maintained market skepticism about Putin’s removal within the timeframe.
Plans for Putin-Zelensky meeting announced but remain uncertain
December 31, 2026 dips to 19%1%
Following the Alaska summit, US officials announced plans for a potential meeting between Putin and Zelensky, though details were vague and Moscow expressed caution. This tentative diplomatic move did not significantly alter market expectations for Putin's tenure.
White House announces plans for Putin-Zelensky meeting following Trump talks
Following Trump-Putin discussions, the White House announced plans for a bilateral meeting between Putin and Zelensky, signaling ongoing diplomatic efforts but no immediate change in Putin's presidency status during the market window.
White House confirms plans underway for Putin-Zelensky meeting following Trump talks
On August 19, the White House announced that plans for a bilateral meeting between Putin and Zelenskyy were underway, indicating diplomatic progress but no indication of Putin's removal. Market prices remained low around 18-19%, reflecting continued skepticism about Putin's early exit.
Putin's bodyguards carry 'poop suitcase' to Alaska to conceal health details
Reports emerged that Putin's security detail brought a special container to collect his fecal waste during the Alaska summit to prevent foreign intelligence from accessing his health information. This unusual measure fueled further speculation about his health but did not indicate any imminent change in his presidency.
Trump Pivots on Need for Immediate Ukraine Ceasefire After Meeting Putin
Following his face-to-face talks with Putin, Trump reversed his stance, aligning with Russia's preference to bypass an immediate ceasefire in favor of direct, lengthy peace negotiations.
Putin's leg twitching at Trump summit fuels health rumors
December 31, 2026 dips to 18%2%
Video footage showed Putin's legs twitching during the Alaska summit, sparking renewed speculation about his health, including possible neurological conditions. Despite these rumors, no official confirmation or indication of imminent resignation emerged.
Trump-Putin summit in Alaska ends without ceasefire agreement in Ukraine
December 31, 2026 dips to 20%1%
On August 16, 2025, US President Donald Trump and Russian President Vladimir Putin met in Alaska but left without reaching any ceasefire deal in Ukraine. The failure to agree maintained geopolitical tensions and underscored Putin's continued control over Russian policy, dampening market expectations for his early departure.
Outline of Putin's peace offer in Ukraine emerges after Alaska summit with Trump
December 31, 2026 dips to 19%2%
On August 16, 2025, reports surfaced of Putin's peace proposals involving territorial concessions discussed with Trump, reflecting Putin's continued active role in negotiations and no indication of stepping down, which kept market probabilities low for his exit before end 2026.
Trump urges Ukraine to make deal with Russia after Alaska summit
December 31, 2026 dips to 20%1%
Following the Alaska summit, Trump publicly urged Ukraine to negotiate with Russia, reflecting a shift in US policy that could embolden Putin. This contributed to a slight market increase in the perceived stability of Putin's presidency through 2026.
Analysis: Trump summit in Alaska grants Putin more time to continue Ukraine war
December 31, 2026 dips to 19%1%
The Alaska summit between Trump and Putin was widely seen as giving Putin additional time to sustain his war efforts, reducing market expectations of his near-term removal. This diplomatic event contributed to the market's continued decline in the probability of Putin leaving office by the end of 2026.
Putin’s Health Concerns Raised After Limping During Meeting with Trump
Vladimir Putin was observed limping and showing signs of physical distress during a meeting with Donald Trump in Alaska, fueling speculation about his health. Despite these concerns, no official indication of resignation or removal emerged, and the market remained cautious.
Trump and Putin meet in Alaska but fail to reach cease-fire agreement
On August 15, Trump and Putin held a three-hour summit in Anchorage to negotiate an end to the war in Ukraine, but no cease-fire was agreed upon, reinforcing market expectations that Putin would remain president through the market's timeframe.
Trump-Putin Alaska Summit Ends Without Ceasefire Deal
December 31, 2026 dips to 18%1%
The highly anticipated summit in Anchorage, Alaska, ended without a concrete ceasefire agreement, but the meeting's optics treated Putin as an equal, stabilizing his domestic standing.
Putin and Trump hold high-profile summit in Alaska amid health rumors
December 31, 2026 dips to 20%1%
Putin met with US President Donald Trump in Alaska, a significant diplomatic event that drew attention to Putin's health due to visible leg twitching and limping. Despite speculation, Putin remained in power, and the summit did not lead to any concessions or indications of his imminent exit.
Trump and Putin Hold Alaska Summit
December 31, 2026 dips to 18%1%
The Alaska summit with Trump, which failed to achieve a ceasefire, created renewed uncertainty about Russia's war strategy and Putin's leadership, influencing market sentiment.
Putin and Trump hold Alaska summit with no ceasefire agreement
The high-profile meeting between Putin and Trump in Alaska ended without a ceasefire deal, maintaining the status quo in Russia's leadership and war efforts. This event reinforced perceptions of Putin's continued control, causing no significant increase in the likelihood of his departure by December 31, 2026.
Trump-Putin summit in Alaska ends with no Ukraine ceasefire deal
The high-stakes summit between President Trump and Vladimir Putin concluded without an agreement on a ceasefire in Ukraine, maintaining the status quo and contributing to the market's stable but low probability of Putin leaving office.
Putin seen limping and twitching at Alaska summit, fueling health rumors
Putin's visible physical symptoms, including limping and leg twitching during the Alaska summit, intensified speculation about his health. Despite these rumors, no official confirmation or impact on his presidency occurred, keeping market probabilities stable.
Trump and Putin hold summit in Alaska without concrete peace deal
On August 15, 2025, Trump and Putin met publicly but failed to reach any agreement to end the Ukraine conflict, signaling no immediate change in Putin's political status. This event maintained market skepticism about Putin's removal, keeping prices steady around 19%.
Trump-Putin summit held in Alaska to negotiate end to Ukraine war
The summit between Trump and Putin aimed at negotiating peace in Ukraine did not result in any announcement of Putin stepping down, maintaining market expectations that Putin would remain president through the market's timeframe.
Putin and Trump meet in Alaska for summit on Ukraine war
December 31, 2026 dips to 19%1%
The high-profile summit between Putin and Trump aimed at negotiating an end to the Ukraine war ended without a ceasefire deal, demonstrating Putin's continued hold on power and reducing market expectations of his early exit.
Trump-Putin Alaska Summit Concludes Without Ceasefire Deal
December 31, 2026 dips to 19%1%
The highly anticipated bilateral summit in Anchorage, Alaska, ended with no concrete agreement or ceasefire. However, the warm reception and red-carpet treatment of Putin on US soil was widely viewed as a major political and reputational victory for the Russian leader, reinforcing his stability.
Putin and Trump hold summit in Alaska without ceasefire deal
December 31, 2026 rises to 21%2%
On August 15, Putin met with US President Donald Trump in Alaska, concluding without a ceasefire agreement. The summit was seen as a diplomatic win for Putin, reinforcing his position and diminishing market expectations of his removal or resignation.
Putin meets Trump in Alaska for high-stakes summit on Ukraine
Putin met with US President Donald Trump in Alaska to discuss the Ukraine war. Despite hopes, no ceasefire or peace deal was reached, and Putin's position remained secure, leading to no increase in market probability of his removal.
Putin-Trump summit in Alaska ends with no deal on Ukraine ceasefire
December 31, 2026 dips to 18%2%
The August 15 summit between Putin and Trump concluded without agreement on a ceasefire, underscoring Putin's determination to continue the war and maintain power. The market responded with no increase in probability of Putin leaving office early.
Trump warns of 'severe consequences' if Putin does not stop war after summit
President Trump issued a stern warning to Putin about consequences if the war in Ukraine did not end, reinforcing diplomatic pressure but with no indication of Putin's removal, contributing to stable market pricing.
Putin prepares for US-Russia summit, plans missile test
As Putin readied for talks with US President Trump, Russia appeared to prepare a test of a new nuclear-powered cruise missile, signaling continued military assertiveness and Putin's active leadership role. This diminished speculation about his stepping down.
Putin Deputy Chief of Staff Urges End to War Against Ukraine
December 31, 2026 dips to 18%1%
Dmitry Kozak privately advised Putin to end the war in Ukraine, reflecting internal dissent and potential pressure on Putin's leadership, which contributed to market uncertainty about Putin's political future.
European leaders pressure Trump to involve Ukraine in Putin talks
December 31, 2026 dips to 20%1%
On August 10, 2025, European leaders urged US President Trump to include Ukraine in negotiations with Putin, highlighting ongoing diplomatic complexities and Putin's firm grip on the conflict's direction. This reinforced perceptions of Putin's sustained power and reduced market expectations for his imminent removal.
President Trump signals likely meeting with Putin and Zelenskyy to discuss Ukraine peace
December 31, 2026 rises to 21%2%
On August 7, 2025, President Trump announced plans to meet with Putin and Zelenskyy to discuss ending the war in Ukraine, indicating diplomatic efforts but no direct threat to Putin's presidency. This maintained market skepticism about Putin's removal before late 2026.
Trump signals likely meeting with Putin and Zelenskyy to discuss Ukraine peace
December 31, 2026 rises to 21%2%
On August 7, President Trump indicated he would likely meet soon with Putin and Zelenskyy to discuss ending the war, suggesting ongoing diplomatic engagement but no immediate resolution. Market prices briefly rose to 21% but then declined again, reflecting uncertainty about Putin's status.
Trump says he will likely meet soon with Putin and Zelenskyy
President Trump announced plans to meet with both Vladimir Putin and Ukrainian President Zelenskyy to discuss ending the war in Ukraine, raising hopes for diplomatic progress but also uncertainty about Putin's political future.
Trump envoy Steve Witkoff meets Putin in Moscow for three-hour talks
December 31, 2026 rises to 21%2%
On August 6, 2025, U.S. special envoy Steve Witkoff met with Vladimir Putin in Moscow for about three hours to discuss the Ukraine conflict and potential peace talks. This high-profile diplomatic engagement raised hopes for negotiations but did not signal any change in Putin's presidential status, leading to a slight market price increase before stabilizing.
Trump and Putin agree to meet amid ongoing Ukraine conflict
Reports on August 6 indicated an upcoming meeting between Trump and Putin, suggesting diplomatic engagement but no immediate threat to Putin's presidency, thus having minimal impact on market expectations for his removal.
Trump announces planned summit with Putin in Alaska on August 15
On August 6, Trump announced a planned meeting with Putin in Alaska, signaling ongoing diplomatic engagement rather than a move toward Putin's removal. This maintained market expectations that Putin would remain in power through the near term.
Trump warns of 'very severe consequences' if Putin does not stop war after summit
President Trump publicly warned Putin of severe consequences if the war in Ukraine did not cease following their upcoming summit, increasing diplomatic pressure but not directly affecting Putin's presidential status.
No change in Putin's position despite US sanctions and diplomatic pressure
Despite ongoing US sanctions and diplomatic efforts, Putin remained firmly in power with no announcements of resignation or removal, maintaining market skepticism about his departure within the timeframe.
Kremlin confirms upcoming Putin-Trump meeting amid stalled peace talks
December 31, 2026 rises to 21%2%
On August 6, Kremlin officials announced an agreed meeting between Putin and Trump, raising hopes for diplomatic progress but no indication of Putin stepping down. This maintained the market's low probability for Putin's exit by the end of 2026.
Putin dismisses Trump's ultimatum to end Ukraine war
December 31, 2026 dips to 19%1%
Sources indicated Putin prioritized continuing the war effort over yielding to Trump's sanctions ultimatum, signaling his intent to maintain power and pursue military objectives despite international pressure.
Putin doubts potency of Trump's sanctions ultimatum to end war
December 31, 2026 dips to 19%1%
Sources indicated Putin prioritized continuing the war over yielding to Trump's sanctions ultimatum expiring August 8. Kremlin insiders stated Putin aimed to seize all four regions and saw no reason to stop amid battlefield gains, signaling no intention to step down.
Kremlin sources say Putin unlikely to end war despite Trump sanctions ultimatum
December 31, 2026 dips to 19%1%
Sources close to the Kremlin indicated that Putin prioritized continuing the war in Ukraine over yielding to Trump's sanctions ultimatum, signaling his firm grip on power and unwillingness to resign or be removed. This stance contributed to the market's low probability of Putin leaving office by the end of 2026.
Putin unlikely to yield to US sanctions ultimatum, aims to capture Ukrainian regions
December 31, 2026 rises to 21%2%
On August 5, sources close to the Kremlin indicated Putin's determination to continue military objectives despite looming US sanctions, signaling no intention to resign or step down, which kept market probabilities for his exit low.
Putin doubts effectiveness of Trump's sanctions ultimatum
December 31, 2026 dips to 18%1%
On August 5, sources reported Putin's skepticism about the potency of US sanctions threats, indicating his resolve to continue the war and maintain power, which contributed to market confidence in his staying in office.
Putin unlikely to bow to US sanctions ultimatum, sources say
Reports indicated Putin was unlikely to yield to a US sanctions ultimatum expiring on August 8, showing his resolve to maintain power despite external pressures. This reinforced market expectations of Putin's continued presidency through the analysis window.
Putin signals no change in Russia's stance on Ukraine despite sanctions deadline
December 31, 2026 rises to 21%2%
Putin stated that Moscow hopes for future peace talks but affirmed that the momentum of the war was in Russia's favor, indicating no intention to step down or change course. This reinforced market expectations that Putin would remain president through 2026.
Putin claims Russian army advancing along entire front line
On August 1, Putin publicly asserted Russian military advances across the front, projecting strength and control. This bolstered market confidence in his continued leadership and reduced expectations of his early departure.
Putin dismisses Trump's ceasefire ultimatum, continues offensive
Putin publicly rejected Trump's deadline for a ceasefire, emphasizing ongoing military advances in Ukraine. This reinforced perceptions of Putin's resolve to remain in power and continue the war, further lowering market odds of his exit.
Putin signals no change in stance on Ukraine despite US sanctions deadline
December 31, 2026 dips to 19%1%
On August 1, 2025, Putin stated that Russia hoped for more peace talks but that the momentum of the war was in Russia's favor, signaling no shift in his position despite looming US sanctions. This reinforced market views that Putin's presidency was stable and unlikely to end soon.
Putin signs laws expanding state control amid war prolongation
December 31, 2026 dips to 19%1%
On August 1, Putin signed amendments increasing fines for VPN use and expanding citizenship revocation powers, signaling a move towards a police state to manage anti-war sentiment. This reinforced Putin's grip on power and reduced market expectations of his imminent departure.
Putin and Belarus leader Lukashenko affirm military advances in Ukraine
On August 1, 2025, Putin and Lukashenko jointly claimed Russian military advances along the entire front line in Ukraine, reinforcing Putin's control and leadership. This statement likely stabilized market prices around 19%, reflecting continued confidence in Putin's presidency.
Putin affirms unchanged conditions for Ukraine conflict resolution
Putin publicly stated that the conditions for resolving the Ukraine conflict remain unchanged and expressed readiness to wait for dialogue, reinforcing his continued leadership and control over Russia's policy direction.
Putin asserts Russian military advances despite sanctions threats
December 31, 2026 dips to 19%1%
At a press conference with Belarusian leader Lukashenko, Putin claimed Russian forces were advancing along the entire front line in Ukraine, dismissing US sanctions threats. This reinforced Putin's stance of continuing the war and resisting external pressure, contributing to market skepticism about his removal.
Putin signs law criminalizing access to extremist online content
December 31, 2026 dips to 19%1%
Putin signed legislation imposing misdemeanor penalties for accessing or searching for banned online content, reinforcing his tightening grip on power and control over Russian society. This move indicated regime stability rather than any sign of imminent resignation or removal.
Trump sets August 8 deadline for Putin to negotiate peace or face sanctions
On July 29, US President Trump announced a deadline for Putin to engage in peace talks or face secondary sanctions. Putin and Kremlin officials dismissed the threat, reinforcing Putin's resolve to continue the war and remain in power.
President Trump issues ultimatum to Putin to end Ukraine war within 10-12 days
December 31, 2026 dips to 19%1%
President Trump publicly demanded that Putin cease hostilities in Ukraine within a short deadline, increasing diplomatic pressure on Russia. However, Putin's response and continued military actions suggested no immediate change in leadership, leading to market uncertainty and a slight price decline.
Unverified Reports of Coup Planning Within Russia’s General Staff Emerge
Reports surfaced alleging that some officers in Russia's General Staff were considering a coup due to fears of repression if the Ukraine war ends unfavorably. These rumors increased uncertainty but lacked confirmation, limiting market impact.
Trump shortens deadline for Putin to negotiate Ukraine peace to early August
On July 28, U.S. President Donald Trump announced a new deadline of 10 to 12 days for Putin to negotiate an end to the war in Ukraine, reducing the previous 50-day deadline. This increased pressure on Putin but did not lead to any immediate change in his status, with market prices steady around 20%.
Trump Cuts 50-Day Deadline for Putin to Reach Ukraine Peace Deal in Half
December 31, 2026 dips to 20%2%
President Donald Trump reduced the deadline for Putin to reach a peace deal on Ukraine from 50 days to less than two weeks, signaling increased pressure on Putin. This political pressure did not translate into expectations of Putin leaving office, reflected in stable market prices.
Trump Shortens Russia's Peace Deal Deadline to 10 to 12 Days
December 31, 2026 dips to 19%2%
US President Donald Trump accelerated his ultimatum to Russia, shortening the deadline to agree to a ceasefire from 50 days to just 10 to 12 days under threat of severe tariffs. This escalation increased geopolitical tension but ultimately highlighted Putin's refusal to back down under Western pressure.
Trump sets new deadline for Putin to negotiate peace by early August
December 31, 2026 dips to 20%1%
On July 28, President Donald Trump announced a shortened deadline of roughly 10 to 12 days for Vladimir Putin to agree to peace negotiations, signaling increased pressure on Putin to end the war in Ukraine. This heightened deadline briefly raised market uncertainty about Putin's position.
Putin remains unswayed by US ultimatum, continues military advances
December 31, 2026 dips to 19%1%
Despite Trump's deadline, Putin expressed hopes for peace talks but emphasized ongoing military advances on all fronts in Ukraine, indicating no intention to step down or cease hostilities, which tempered market optimism about a leadership change.
Trump Shortens Ukraine Ceasefire Ultimatum for Putin to 10-12 Days
December 31, 2026 dips to 19%2%
U.S. President Donald Trump dramatically shortened his previous 50-day deadline for Russia to agree to a ceasefire to just 10 to 12 days, threatening severe secondary tariffs and sanctions.
Trump administration weighs value of Putin summit amid ongoing conflict
President Donald Trump and Russian President Vladimir Putin engaged in discussions with a focus on ceasefire possibilities, but Trump indicated the decision was up to Putin, reflecting uncertainty and limited immediate impact on Putin's presidency status.
Trump shortens ultimatum for Putin to negotiate peace to 10-12 days
December 31, 2026 dips to 19%1%
On July 28, U.S. President Donald Trump announced a reduced deadline for Putin to agree to peace negotiations, reflecting increased international pressure on Putin. Despite this, no indication emerged that Putin would step down, and the market price remained stable or slightly declined.
Trump announces new peace deadline for Putin: 10-12 days to negotiate Ukraine ceasefire
December 31, 2026 dips to 19%3%
President Trump announced a new deadline for Putin to negotiate an end to the war in Ukraine, reducing his previous 50-day deadline by 38 days. This intensified pressure on Putin and raised concerns about his ability to maintain control.
Donald Trump shortens deadline for Putin to stop Ukraine war killings
December 31, 2026 dips to 19%1%
On July 28, US President Donald Trump gave Putin a 10-12 day deadline to halt killings in Ukraine, increasing international pressure on Putin. Despite this, Putin remained defiant, which maintained market skepticism about any imminent change in his presidency.
Trump reduces deadline for Putin to reach Ukraine peace deal
December 31, 2026 dips to 19%1%
President Donald Trump shortened the deadline for Putin to agree to a peace deal with Ukraine, threatening massive secondary tariffs. This increased international pressure on Putin but did not indicate any change in his presidency, reflected in a slight price decrease.
Putin holds firm on Ukraine war amid peace talks hopes
Putin expressed hopes for further peace talks with Ukraine while emphasizing ongoing military advances, maintaining a firm stance despite international pressure. This reinforced market skepticism about his imminent removal, contributing to stable prices.
Putin attends funeral of Supreme Court Chief Justice Irina Podnosova
Putin's public attendance at the funeral of a top judicial figure on July 24 demonstrated his continued active role in state affairs, signaling no signs of stepping down or incapacitation, which supported market confidence in his presidency.
Expert analysis confirms coup against Putin remains highly unlikely
December 31, 2026 dips to 20%2%
Security experts reiterated that Putin's regime is heavily 'coup-proofed' with loyal security forces, making any forced removal improbable. This assessment dampened market speculation about an early exit, supporting the downward price trend for the December 31, 2026 outcome.
Kremlin says Putin ready to discuss peace in Ukraine but wants to achieve goals
The Kremlin announced that Putin was open to peace talks regarding Ukraine but emphasized his desire to achieve strategic objectives first. This stance suggested Putin's continued control and unwillingness to step down, affecting market confidence in his presidency's stability.
Kremlin states Putin ready for Ukraine peace talks but prioritizes goals
On July 20, Kremlin spokesman Dmitry Peskov announced Putin's willingness to discuss peace in Ukraine while emphasizing Russia's main objectives. This reinforced Putin's control and strategic focus, reducing market expectations of his early exit.
Kremlin signals readiness for peace talks but insists on goals
December 31, 2026 dips to 20%2%
On July 20, Kremlin spokesman Dmitry Peskov stated Putin is ready to move toward peace but prioritizes achieving Russia's objectives. This maintained the status quo, with no indication of leadership change, slightly dampening hopes for early resolution.
Zelenskyy appoints Yulia Svyrydenko as new prime minister for war-weary Ukraine
President Volodymyr Zelenskyy appointed Yulia Svyrydenko as Ukraine's new prime minister following Shmyhal's resignation. This leadership change in Ukraine may have affected market perceptions of stability and the ongoing conflict with Russia.
Putin and Trump hold joint appearance discussing Ukraine ceasefire
US President Donald Trump and Russian President Vladimir Putin held a joint appearance in Alaska discussing a ceasefire in Ukraine, but no agreement was reached. This diplomatic failure may have contributed to market volatility.
Russian Military Faces Heavy Casualties and Economic Strain
December 31, 2026 dips to 20%1%
Reports indicated that Russian forces suffered heavy casualties and the economy was under strain, with reluctance from Putin to mobilize reserves. This military and economic pressure contributed to market uncertainty about Putin’s political future but did not signal immediate removal.
Russian drone attack hits Kharkiv amid ongoing Ukraine conflict
A Russian drone attack on Kharkiv on July 16, 2025, underscored the ongoing war in Ukraine, with Putin maintaining military operations. This sustained conflict suggested Putin's continued grip on power, limiting market expectations of his imminent departure.
Russian drone attack on Kharkiv, Ukraine's second-largest city
December 31, 2026 dips to 19%2%
A Russian drone attack hit Kharkiv, damaging infrastructure and killing civilians. This military escalation increased instability and raised concerns about Putin's control over the war effort.
Ukraine's Prime Minister resigns amid government reshuffle
December 31, 2026 dips to 20%2%
Ukraine's Prime Minister Denys Shmyhal resigned on July 15, signaling political shifts in Ukraine but indirectly affecting perceptions of Putin's position by highlighting ongoing conflict dynamics. This event coincided with a slight market dip reflecting uncertainty but no direct impact on Putin's presidency.
Ukrainian PM Denys Shmyhal resigns amid major government reshuffle
Prime Minister Denys Shmyhal tendered his resignation as part of a major government reshuffle, leading to a cabinet dissolution. This political change in Ukraine may have influenced market sentiment regarding the stability of the Ukraine-Russia relationship.
Trump grants Putin 50-day window to end Ukraine war before sanctions
December 31, 2026 dips to 20%2%
President Trump publicly gave Putin a 50-day deadline to agree to a ceasefire in Ukraine, threatening severe economic sanctions thereafter. This emboldened Putin to continue his military campaign, reducing market expectations for his early departure.
Putin signals intent to continue fighting in Ukraine despite Western pressure
December 31, 2026 rises to 22%2%
Putin declared his intention to keep fighting until the West agrees to his terms, showing no sign of stepping down and reinforcing market confidence in his continued presidency.
Putin signals no change in war stance despite Trump sanctions threat
Putin stated Russia's economy and military could withstand further Western sanctions and intended to continue fighting in Ukraine, signaling no intention to resign or change course, which dampened market optimism about his departure.
Ukrainian Prime Minister Denys Shmyhal resigns amid government reshuffle
December 31, 2026 rises to 22%1%
Denys Shmyhal resigned as Ukraine's prime minister, signaling political shifts in the region but not directly affecting Putin's presidency. This event coincided with a slight market price increase, reflecting regional instability but no direct impact on Putin's status.
Putin unfazed by Trump's sanctions threats, vows to continue Ukraine offensive
On July 15, sources close to the Kremlin reported Putin's determination to continue the war in Ukraine despite threats of tougher sanctions from the US. This reinforced expectations that Putin would remain in power to pursue his military objectives, contributing to stable market pricing.
Putin vows to continue Ukraine war despite Western sanctions threats
December 31, 2026 rises to 21%1%
On July 15, sources close to the Kremlin reported Putin's determination to keep fighting in Ukraine until his terms for peace are met, showing no sign of stepping down. This reinforced market sentiment that Putin would remain in power, stabilizing the price around 20-21%.
Putin vows to continue fighting in Ukraine despite sanctions threats
Putin declared his intention to keep fighting until Russia's goals are met, showing defiance against Western sanctions and diminishing expectations of his early removal. This stance contributed to a decline in market probability for Putin's exit.
Trump gives Putin 50 days to complete summer offensive in Ukraine
December 31, 2026 rises to 22%1%
President Donald Trump publicly gave Vladimir Putin a 50-day window to finish his summer offensive in Ukraine, signaling a temporary tolerance for Putin's military actions. This announcement likely influenced market perceptions by suggesting Putin's position remained secure for the near term.
Trump threatens severe tariffs on Russia if no Ukraine ceasefire in 50 days
December 31, 2026 dips to 19%1%
US President Donald Trump announced a 50-day deadline for Putin to agree to a ceasefire in Ukraine, threatening very severe secondary tariffs starting at 100%. This increased international pressure on Putin but did not lead to any immediate change in his presidency, maintaining market skepticism.
Trump imposes 50-day deadline on Putin to reach peace deal with Ukraine
December 31, 2026 rises to 22%1%
President Donald Trump set a 50-day deadline for Vladimir Putin to negotiate peace with Ukraine, signaling increased pressure on the Russian president but without immediate impact on his presidency status. This announcement initially raised market attention but did not lead to a change in Putin's position.
Putin Announces Leadership Term Ends in 2030
December 31, 2026 drops to 18%5%
Vladimir Putin stated his leadership term would end in 2030, signaling potential resignation and affecting market confidence in his continued presidency.
Trump claims Putin wanted peace in Ukraine, a reversal of stance
December 31, 2026 dips to 20%3%
President Trump stated that Putin had previously expressed interest in peace in Ukraine, a significant shift from his earlier criticism of Putin. This created uncertainty about Putin's intentions and stability.
Trump sharply criticizes Putin over Ukraine war
US President Donald Trump increased his criticism of Vladimir Putin following unsuccessful calls to end the war in Ukraine, signaling continued US pressure but no immediate political change in Russia. This maintained market skepticism about Putin's removal.
Trump sharply criticizes Putin and resumes arms shipments to Ukraine
December 31, 2026 dips to 20%1%
President Trump publicly expressed frustration with Putin's peace gestures as meaningless and restarted arms shipments to Ukraine, signaling a tougher U.S. stance. This increased uncertainty about Putin's position but did not indicate imminent removal, slightly lowering market odds.
Russian Transport Minister Dies by Gunshot Hours After Dismissal by Putin
December 31, 2026 rises to 25%2%
Roman Starovoit, Russian Transport Minister, died by suicide hours after being fired by Putin, raising speculation about Kremlin instability and potential pressure on Putin's administration. This event briefly increased market uncertainty about Putin's position but did not directly imply his removal.
Putin Fires Transport Minister Roman Starovoyt
Putin dismissed Starovoyt without stated reason, a move that raised questions about internal Kremlin dynamics and Putin's leadership stability, contributing to market uncertainty.
Former Russian Transport Minister Roman Starovoit found dead
Shortly after his dismissal, Roman Starovoit was found dead from an apparent self-inflicted gunshot wound, raising concerns about political pressures within Putin's administration but not directly impacting Putin's position.
Putin fires Russian Transport Minister Roman Starovoit
December 31, 2026 dips to 20%3%
Putin dismissed Transport Minister Roman Starovoit unexpectedly, signaling possible internal government instability. This event briefly affected market sentiment but did not directly imply Putin's imminent departure.
Putin confirms resignation of Transport Minister Roman Starovoit
December 31, 2026 dips to 22%1%
On July 7, Kremlin spokesperson Dmitry Peskov stated that the resignation of Roman Starovoit, Minister of Transport, was a decision by Vladimir Putin himself, indicating Putin's continued control over government personnel but no sign of his own resignation. This event had limited impact on the market's outlook for Putin's presidency.
Starovoyt Found Dead After Putin's Dismissal
Starovoyt died in apparent suicide hours after being fired, confirming the abrupt nature of the dismissal and adding to concerns about political instability within Russia.
Detention of Russian elite figures signals Kremlin tightening control
December 31, 2026 dips to 19%1%
On July 7, two major Russian figures, Konstantin Strukov and Viktor Strigunov, were detained on corruption charges, indicating a crackdown within the elite. This suggested internal instability but no direct threat to Putin's presidency, contributing to market uncertainty and a slight price decline.
Putin removes Roman Starovoit from Transport Minister post
December 31, 2026 drops to 18%5%
On July 7, 2025, Vladimir Putin dismissed Roman Starovoit from his position as Minister of Transport, signaling internal government reshuffles but not indicating any threat to Putin's presidency. This event had limited impact on the market's outlook for Putin's removal.
Putin decides on resignation of Transport Minister Roman Starovoit
December 31, 2026 dips to 22%1%
On July 7, Dmitry Peskov confirmed that the resignation of Roman Starovoit as Minister of Transport was a decision made by Vladimir Putin, indicating internal government reshuffling but no sign of Putin stepping down himself. This event had limited impact on the market's outlook for Putin's presidency.
Russian President Putin appoints Andrei Nikitin as acting transport minister
December 31, 2026 drops to 18%5%
On July 7, 2025, Putin appointed Andrei Nikitin as acting transport minister, signaling continued consolidation of his government and control over key positions, which reinforced perceptions of regime stability and reduced chances of Putin leaving office soon.
Putin dismisses Transport Minister Roman Starovoit, who is later found dead
December 31, 2026 dips to 22%1%
President Putin fired Roman Starovoit as Transport Minister, a decision confirmed by Kremlin spokesperson Dmitry Peskov. Hours after dismissal, Starovoit was found dead in an apparent suicide, raising concerns about internal political pressures but no direct impact on Putin's presidency was indicated.
Russian transport minister dismissed by Putin found dead
December 31, 2026 drops to 18%5%
Roman Starovoit, dismissed by Putin earlier that day, was found dead from an apparent self-inflicted gunshot wound. This event highlighted internal turmoil but did not indicate any change in Putin's position, leading to a slight market reaction.
US proposes sanctions package targeting Russia's energy sector
December 31, 2026 drops to 18%5%
The US proposed a sanctions package under the Sanctioning Russia Act of 2025, aiming to broadly target Russia's energy sector and impose secondary sanctions. This increased pressure on Russia's economy but did not directly threaten Putin's presidency, contributing to a slight market dip.
Russian Transport Minister Roman Starovoit found dead after dismissal
December 31, 2026 dips to 18%2%
Roman Starovoit, a high-ranking official close to Putin's administration, was found dead in an apparent suicide on July 7, 2025, shortly after being fired. This event highlighted internal pressures and instability within Putin's government but did not directly indicate Putin's removal, coinciding with a market trough at 18%.
Roman Starovoit dismissed as Russian Transport Minister by Putin
December 31, 2026 dips to 22%1%
President Vladimir Putin dismissed Roman Starovoit as Minister of Transport, a decision confirmed by Kremlin spokesperson Dmitry Peskov. This event reflected internal government changes but did not indicate any threat to Putin's presidency, causing minor market impact.
US Senators Propose Sanctions Targeting Russia’s Energy Sector
December 31, 2026 dips to 21%2%
US senators Lindsey Graham and Richard Blumenthal proposed the Sanctioning Russia Act of 2025, aiming to impose broad tariffs and secondary sanctions on Russia’s energy sector to increase economic pressure on Putin’s regime. This heightened economic pressure was expected to challenge Putin’s hold on power but did not immediately affect his presidency.
Roman Starovoit, Russian Transport Minister, found dead in Moscow region after being fired
December 31, 2026 drops to 18%5%
Starovoit, a high-ranking official reportedly caught in corruption, was found dead in his car after being fired from his post. His suicide marked the first such case in Putin's 25-year reign, raising concerns about elite instability and potential power changes within the Kremlin.
Roman Starovoit found dead hours after dismissal
December 31, 2026 dips to 20%2%
Roman Starovoit was found dead in an apparent suicide shortly after being fired by Putin. This event raised concerns about instability within the Russian government but did not directly implicate Putin's position, resulting in a slight market decline.
Russian Transport Minister Roman Starovoit found dead after resignation
Roman Starovoit, Russia's Transport Minister, was found dead in his car on July 7, shortly after being fired. His death, reported as a suicide, highlighted the increasing internal pressures and risks for officials under Putin's regime but did not indicate any change in Putin's presidency.
Putin attends pro-Kremlin 'Everything for Victory' forum amid elite detentions
December 31, 2026 dips to 20%3%
On July 6, Putin attended a major pro-Kremlin forum promoting victory over Ukraine, coinciding with the Kremlin's crackdown on elites, including detentions of major business and security figures. This reinforced Putin's control but highlighted internal tensions, slightly affecting market confidence in his continued presidency.
Putin attends pro-war 'Everything for Victory' forum amid recruitment push
December 31, 2026 drops to 18%5%
On July 6, Putin attended a major pro-Kremlin event aimed at boosting volunteer recruitment for the war effort, signaling his intent to continue the conflict and maintain power. This reinforced market expectations that Putin would remain president, contributing to a price drop from 23% to 18% for his departure by December 31, 2026.
Trump signals possible meeting with Putin amid Ukraine war talks
December 31, 2026 dips to 20%3%
Reports emerged that US President Donald Trump might meet Russian President Vladimir Putin soon to discuss Ukraine peace efforts, raising some market speculation about political shifts but no direct indication of Putin leaving office.
Putin participates in BRICS summit via videolink from Moscow
Putin's active participation in the BRICS summit signaled his continued control and leadership, reinforcing market confidence in his presidency and contributing to the initial market price of 23%.
Putin attends 'Everything for Victory' forum to boost volunteer recruitment
December 31, 2026 dips to 21%2%
On July 6, Putin attended a forum aimed at increasing volunteer recruitment for the war effort, signaling his intent to continue the conflict in Ukraine and maintain his presidency. This reinforced market confidence that Putin would remain in power through the medium term.
Putin pushes for increased volunteer recruitment amid waning domestic support
December 31, 2026 dips to 21%2%
On July 6, Putin attended the "Everything for Victory" forum to boost volunteer recruitment, signaling efforts to sustain military manpower despite declining public support for mobilization. This indicated Putin's intent to maintain his presidency and war efforts, contributing to a slight market price drop from 23% to 21% for his early exit.
Putin pushes volunteer recruitment amid waning domestic support
December 31, 2026 dips to 22%1%
On July 6, Putin attended a forum aimed at boosting volunteer recruitment for the war effort, signaling concerns about domestic support. This reinforced market confidence in his continued presidency, as no signs of imminent resignation emerged.
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Frequently Asked Questions