Friday, 03 October 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Putin calls Xi, Modi and other foreign leaders ahead of planned meeting with Trump
Saturday, 9 August 2025 00:02 WIB | ECONOMY |Ekonomi Global

Russian President Vladimir Putin spoke to the leaders of China, India and three ex-Soviet states on Friday in a flurry of calls to brief them on his contacts with the United States about the war in Ukraine.

Putin met U.S. President Donald Trump's envoy Steve Witkoff in Moscow on Wednesday, after which the Kremlin said a summit between Putin and Trump could take place as early as next week. No venue, date or agenda have been announced.

Trump, pressing for an end to the 3-1/2-year war, had set a deadline that expires on Friday for Russia to agree to peace or face new sanctions on Moscow and countries that buy Russian exports. China and India are the biggest buyers of Russian oil.

China's President Xi Jinping told Putin in a phone call that China is pleased to see Russia and the United States maintaining contact and improving ties to advance a political resolution of the Ukraine crisis, Chinese state broadcaster CCTV said.

China is a major backer of Russia in its confrontation with the West, as well as Russia's biggest trading partner. Putin is due to visit China in September for events marking the 80th anniversary of the end of World War Two.

The Kremlin said that Putin also discussed his talks with Witkoff with Indian Prime Minister Narendra Modi. Trump this week announced an additional 25% tariff on Indian goods to penalise New Delhi for its purchases of Russian oil.

"Had a very good and detailed conversation with my friend President Putin. I thanked him for sharing the latest developments on Ukraine," Modi said in a post on X.

On Thursday Putin spoke with South African President Cyril Ramaphosa, who expressed South Africa's "full support to peace initiatives that will end the war and contribute to a lasting peace between Russia and Ukraine."

Sheikh Mohammed bin Zayed Al Nahyan, President of the United Arab Emirates, met Putin in Moscow on Thursday and Putin said the UAE was a possible venue for the Russia-U.S. summit.

Russia, China, India, South Africa and the UAE are all members of the BRICS group of countries which Moscow sees as a counterweight to U.S. political and economic dominance.

Putin on Friday also discussed the outcome of Witkoff's visit in calls with his ally Alexander Lukashenko, president of Belarus, and with the leaders of Kazakhstan and Uzbekistan.

Source: Investing.com

RELATED NEWS
US ISM Services PMI declines to 50 in September vs. 51.7 forecast...
Friday, 3 October 2025 21:13 WIB

The business activity in the US service sector stagnated in September, with the Institute for Supply Management's (ISM) Services Purchasing Managers Index (PMI) declining to 50 from 52 in August. This...

The U.S. Senate Will Vote On Conflicting Plans To End The Government Shutdown, Though Neither Is Likely To Pass ...
Friday, 3 October 2025 19:16 WIB

The U.S. Senate will vote again on Friday on conflicting plans between Democrats and Republicans to end the government shutdown, which is now entering its third day, though there are no signs that eit...

Trump eyes cuts to 'Democrat Agencies' in government shutdown...
Friday, 3 October 2025 03:47 WIB

U.S. President Donald Trump said he will meet with his budget director Russell Vought on Thursday to determine which "Democrat Agencies" to cut, as he looks to inflict pain on his political opposition...

Why US Economic Data Is "Pending"...
Thursday, 2 October 2025 23:47 WIB

The bottom line: The release of official US data is delayed because the federal government is currently in shutdown. While the budget hasn't been passed, the Antideficiency Act prohibits federal agenc...

US Supreme Court to Hear Arguments in Trump's Effort to Fire Federal Reserve Governor Cook; Will Remain in Office for the Time Being ...
Thursday, 2 October 2025 19:23 WIB

The US Supreme Court said Wednesday that it will hear arguments in January on Donald Trump's attempt to fire Federal Reserve Governor Lisa Cook, who will remain in office for the time being, setting u...

LATEST NEWS
US ISM Services PMI declines to 50 in September vs. 51.7 forecast

The business activity in the US service sector stagnated in September, with the Institute for Supply Management's (ISM) Services Purchasing Managers Index (PMI) declining to 50 from 52 in August. This reading came in below the market expectation of...

Wall St opens higher as rate-cut hopes drive momentum

Wall Street's main indexes opened higher on Friday as optimism about an imminent interest-rate cut by the Federal Reserve boosted sentiment in the final trading session of a week that saw volatility due to the U.S. government shutdown. The Dow...

Oil Set for Steep Weekly Loss Before Key OPEC+ Meeting on Supply

Oil headed for the biggest weekly loss since late June as traders positioned for a key OPEC+ decision on supply this weekend.  Brent futures edged marginally higher on Friday, but were still trading below $65 a barrel and set for a weekly...

POPULAR NEWS
US ISM Manufacturing PMI improved a tad in September
Wednesday, 1 October 2025 21:21 WIB

The Institute for Supply Management's (ISM) data showed the Manufacturing PMI edging higher to 49.1 in September, up from 48.7 in August and...

Asia markets trade mixed after Wall Street gains ahead of a potential U.S. government shutdown
Wednesday, 1 October 2025 07:33 WIB

Asia-Pacific markets opened mixed Wednesday, following gains on Wall Street ahead of a potential U.S. government shutdown as lawmakers continue to...

European shares flat as healthcare gains counter broader market weakness
Wednesday, 1 October 2025 14:38 WIB

European shares were flat on Wednesday, with gains in heavyweight healthcare stocks offsetting the decline in the broader market, as investors...

Europe's STOXX 600 records best month since May; looming US shutdown in focus
Wednesday, 1 October 2025 00:01 WIB

European shares reversed their earlier declines to close slightly higher on Tuesday, with energy stocks limiting broader gains, while investors...