Russia’s ceasefire memo is finally available. The main terms are either (1) retreat from all annexed regions, or (2) halts to troop redeployments, Ukraine’s mobilization and foreign military aid and troops. Russia also demands Kyiv’s geopolitical neutrality, continued non-nuclear status, a cap on Ukraian troop levels, lifted economic sanctions, international recognition of Russian annexations, no reparations from either side, rights for Ukraine’s remaining Russian-speaking pop, lifting of restrictions on the Russian Orthodox Church, and a ban on “glorifying Nazism.”