Donald Trump and Vladimir Putin held talks in Alaska on Friday (August 15). The US president's hopes of reaching a ceasefire in Ukraine remain uncertain, but Putin's latest offer of a possible nuclear deal could help both sides save face.
The meeting of the Russian and US leaders at a Cold War-era air force base in Alaska, their first face-to-face talks since Trump returned to the White House, comes amid concerns in Ukraine and Europe that Trump may betray Kyiv.
Trump, who once said he would end Russia's war in Ukraine within 24 hours, said on Thursday that the three-and-a-half-year conflict has proven more difficult to resolve than he imagined.
He said that if his talks with Putin go well, the subsequent trilateral summit with Ukrainian President Volodymyr Zelenskiy – who was not invited to Friday's meeting – would be more important than his meeting with Putin. Trump is pushing for a ceasefire to bolster his credibility as a global peacemaker worthy of the Nobel Peace Prize, something he has made clear is important to him.
Ukraine and its European allies were encouraged by their conference call on Wednesday. In the call, they stated that Trump agreed that Ukraine should be involved in any negotiations on territorial transfers. Zelenskiy said Trump also supported the idea of security guarantees in a post-war settlement, although the US president did not publicly mention this.
Wednesday's call eased their concerns that a Trump-Putin deal would pressure Ukraine into making territorial and other concessions. Putin, whose war economy is showing signs of strain, needs Trump to help Russia escape the shackles of increasingly stringent Western sanctions, or at least not to impose further sanctions on Moscow, something Trump has threatened.
The day before the summit, the Kremlin leader raised the prospect of something else he knows Trump wants – a new nuclear arms control treaty to replace the current one, which expires in February of next year. (alg)
Source: Reuters
The U.S. government shut down much of its operations on Wednesday as deep partisan divisions prevented Congress and the White House from reaching a funding deal, setting off what could be a long, grue...
President Donald Trump secured Israeli Prime Minister Benjamin Netanyahu's endorsement on Monday for a US-sponsored peace proposal to end the nearly two-year war in Gaza, but questions arose over whet...
US President Donald Trump on Thursday announced sweeping new import tariffs, including a 100% duty on brand-name drugs and a 25% levy on heavy-duty trucks, sparking renewed trade uncertainty after a p...
President Donald Trump on Thursday signed an executive order approving a deal to keep TikTok operating in the U.S., with Vice President JD Vance saying it values the business at USD 14 billion. The pl...
President Donald Trump announced Thursday that starting Oct. 1, the U.S. will impose new import tariffs: 50% on kitchen cabinets and bathroom vanities, 30% on upholstered furniture, and 25% on heavy t...
The dollar headed for its worst week since late July on Friday (October 3rd) as the US government shutdown heightened uncertainty, while the yen weakened from this week's high as traders considered the Bank of Japan's next move ahead of this...
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 either plan will pass. Lawmakers appear to have...
Gold prices held steady on Friday (October 3), poised for a seventh consecutive weekly gain, driven by expectations of further US interest rate cuts and concerns over the economic impact of a prolonged government shutdown. Spot gold rose 0.03% to...
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-Pacific markets opened mixed Wednesday, following gains on Wall Street ahead of a potential U.S. government shutdown as lawmakers continue to...
European shares were flat on Wednesday, with gains in heavyweight healthcare stocks offsetting the decline in the broader market, as investors...
Asian markets opened higher, following a global rally that pushed world indexes to new records, despite the US entering its first government...