In Kyiv, Sir Keir Starmer, alongside European leaders, urged Vladimir Putin to accept a 30-day unconditional ceasefire, emphasizing the need for Russia to demonstrate seriousness about peace. This call for a ceasefire, supported by the US, followed a short-lived Russian VE Day pause in fighting that was widely ignored. The leaders warned of increased sanctions and heightened defense spending for Ukraine should Putin reject peace. The Kremlin, however, viewed these statements as confrontational and aimed at hindering relations.
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Trump’s recent call for a 30-day ceasefire between Ukraine and Russia, coupled with his threat of further sanctions if the truce is violated, has sparked a wave of skepticism and raised several critical questions. The timing of this proposal, coming after the US reportedly withdrew from peace talks and amid Russia’s upcoming Victory Day celebrations, seems highly suspect. It’s hard to ignore the perception that this is less about genuine peacemaking and more about managing the narrative around Putin’s parade.
The proposal itself feels incredibly naive. A 30-day ceasefire, even if agreed to by both sides – which is far from guaranteed – wouldn’t magically resolve the deeply entrenched conflict.… Continue reading
Canada has initiated legal proceedings to seize a Russian Antonov An-124 cargo plane, currently grounded in Toronto. The massive aircraft, valued at approximately $300 million, has been stranded since the start of the full-scale invasion of Ukraine due to imposed airspace restrictions. Forfeiture proceedings were initiated on March 18, 2025, and the aim is to ultimately transfer the plane to Ukraine. This action targets one of only 26 such aircraft globally, owned by the Russian Volga-Dnepr Airlines.
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In a recent interview, Donald Trump suggested that Vladimir Putin could potentially prompt him to support Ukraine, though not necessarily President Zelenskyy. Trump cited his past difficulties with Zelenskyy, referencing a past Oval Office meeting where he felt Zelenskyy’s requests were unreasonable. Trump alluded to various forms of support for Ukraine beyond military aid, such as sanctions and banking restrictions. He later reported a positive meeting with Zelenskyy at the Vatican, expressing uncertainty about the progress made but hinting at the possibility of further sanctions against Russia.
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Following a deadly missile attack in Kyiv, Donald Trump expressed doubt regarding Vladimir Putin’s commitment to ending the war in Ukraine, citing the unnecessary civilian casualties. Trump, who recently met with Zelenskyy in Rome, has repeatedly claimed he could broker a peace deal quickly, blaming current leadership for the ongoing conflict and its devastating consequences. Despite ongoing negotiations, a peace agreement remains elusive, and Trump has suggested alternative approaches, including “Banking” or “Secondary Sanctions,” to pressure Putin. He views the current situation as a disastrous legacy inherited from previous administrations.
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President Trump condemned Russian President Putin’s targeting of Ukrainian civilian areas, stating there was no justification for such actions. He suggested that Putin’s continued attacks indicate a lack of desire to end the war. Trump proposed the implementation of further sanctions, possibly targeting Russian banking, to address Putin’s behavior. This escalation, he emphasized, is necessary due to the unacceptable loss of innocent lives.
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The ruble’s recent performance as the top-performing currency is a complex issue, defying simple explanations. While it’s true that the ruble has experienced a significant percentage increase, this doesn’t necessarily reflect a robust Russian economy. In fact, the ruble’s value remains relatively low compared to historical highs and other major currencies. The significant increase is more accurately interpreted as a percentage-based gain from a previously depressed state; a smaller numerical increase from a higher starting point would not register as significantly. This gain isn’t necessarily indicative of economic strength within Russia itself.
The current situation highlights the importance of considering the baseline.… Continue reading
A leaked U.S. peace proposal, discussed in Paris, suggests a ceasefire in Ukraine that would leave occupied territories under Russian control and potentially ease sanctions on Moscow. The plan, which requires further discussion with Kyiv and European allies, would reportedly involve a freeze on the conflict and preclude Ukraine’s NATO aspirations. However, the proposal has been met with resistance from Ukraine’s president, who rejects any recognition of Russian control over occupied territories. Failure to secure a Russian agreement to halt hostilities would render the proposal void.
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Moscow plans to use the seized US-owned canned food company, Glavprodukt, to supply the Russian army with food. This move, which effectively nationalized a significant food producer, highlights the increasingly strained relationship between Russia and the United States. The company, previously owned by Leonid Smirnov, a Russian-born American businessman, was placed under “temporary management” by the Russian state in October 2024, a decision that has since sparked considerable controversy and diplomatic tension.
The seizure of Glavprodukt is not an isolated incident. It follows a pattern of Russian authorities seizing assets of foreign companies operating within the country, often citing vaguely defined national security concerns or accusations of financial impropriety.… Continue reading
President Trump’s new tariffs, announced on “Liberation Day,” targeted numerous U.S. trading partners, notably excluding Russia, Belarus, North Korea, and Cuba. White House National Economic Council Director Kevin Hassett explained that this exclusion stemmed from a conscious decision to avoid complicating ongoing peace negotiations between Russia and Ukraine. Imposing tariffs at this juncture, Hassett argued, risked disrupting diplomatic progress. While Ukraine faced new tariffs, its economy minister deemed the impact manageable, despite significant trade with the U.S.
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