Russia Ukraine conflict stay: Putin ‘ready to freeze war’ as Kyiv ‘secures combat control’ round Kharkiv | EUROtoday

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Putin will probably be made to pay to rebuild Ukraine, says US secretary of state

Vladimir Putin mentioned he is able to halt the conflict in Ukraine with a negotiated ceasefire that recognises the present battlefield traces.

However, the Russian president mentioned he is able to struggle on if Kyiv and the West don’t reply, 4 Russian sources advised Reuters.

Three sources in Putin’s entourage mentioned he expressed frustration to a small group of advisers about what he views as Western-backed makes an attempt to impede negotiations and Volodymyr Zelensky’s determination to rule out talks.

“Putin can fight for as long as it takes, but Putin is also ready for a ceasefire to freeze the war,” mentioned a senior Russian supply who has labored with Putin and has information of high degree conversations within the Kremlin.

It comes as Zelensky mentioned on Friday that Ukrainian forces had secured “combat control” of areas the place Russian troops staged an incursion this month in northern elements of Kharkiv area.

However, Viktor Vodolatskiy, a member of Russia’s State Duma decrease home of parliament, mentioned Russian forces managed greater than half the territory of Kharkiv’s city of Vovchansk.


Six killed in Russian assault on Kharkiv

At least six folks had been killed and practically 60 had been injured after a Russian missile struck Ukraine’s Kharkiv, together with two guided bombs that struck a ironmongery store within the metropolis’s residential space.

Kharkiv Mayor Ihor Terekhov mentioned about 120 folks had been within the ironmongery store when the bombs struck.

“The attack targeted the shopping center where there were many people. This is clearly terrorism,” Mr Terekhov mentioned.

Stuti Mishra26 May 2024 08:30


Hungary will search to decide out of NATO efforts to help Ukraine, Orbán says

Hungary will search to decide out of any NATO operations aimed toward supporting Ukraine, Prime Minister Viktor Orbán mentioned Friday, suggesting that the army alliance and the European Union had been transferring towards a extra direct battle with Russia.

Orbán advised state radio that Hungary opposes a plan NATO is weighing to offer extra predictable army help to Ukraine in coming years to repel Moscow’s full-scale invasion, as higher armed Russian troops assert management on the battlefield.

Maryam Zakir-Hussain26 May 2024 08:00


Four Russians killed in Ukrainian assaults

Ukranian assaults killed 4 Russians in southern Belgorod area had been on Saturday, regional governor Vyacheslav Gladkov mentioned.

Three folks had been killed within the village of Oktyabrsky and a lady working in her backyard was killed within the village of Dubovoye, Mr Gladkov mentioned on Telegram.

Twelve folks, together with a toddler, had been injured within the a number of rocket assaults.

The governor mentioned the Ukranian army additionally shelled the city of Shebekino close to the border and broken a number of houses.

Stuti Mishra26 May 2024 07:30


G7 officers make progress however no closing deal on cash for Ukraine from frozen Russian belongings

Finance officers from the Group of Seven wealthy democracies mentioned they’d moved towards settlement on a U.S. proposal to squeeze more cash for Ukraine from Russian belongings frozen of their international locations. But the ministers left a closing deal to be labored out forward of a June summit of nationwide leaders.

“We are making progress in our discussions on potential avenues to bring forward the extraordinary profits stemming from immobilized Russian sovereign assets to the benefit of Ukraine,” the draft assertion mentioned, with out offering particulars.

Despite the progress made on the the assembly in Stresa, on the shores of Lago Maggiore in northern Italy, a closing determination on how the belongings will probably be used will relaxation with the G7 nationwide leaders, together with U.S. President Joe Biden, subsequent month at their annual summit in Fasano, in southern Italy.

Maryam Zakir-Hussain26 May 2024 07:00


Why are high Russian army officers being arrested

It started final month with the arrest of a Russian deputy protection minister. Then the pinnacle of the ministry’s personnel directorate was hauled into courtroom. This week, two extra senior army officers had been detained. All face costs of corruption, which they’ve denied.

The arrests started after President Vladimir Putin started his fifth time period and shuffled his ally, longtime Defense Minister Sergei Shoigu, into a brand new submit.

Maryam Zakir-Hussain26 May 2024 06:00


US pushes for Ukraine assist, united entrance in opposition to China’s commerce practices at G7 finance assembly

The U.S. sought to construct help for squeezing more cash for Ukraine out of frozen Russian belongings and for uniting in opposition to China’s commerce practices as finance ministers from the Group of Seven wealthy democracies opened a two-day assembly on Friday on the shores of northern Italy’s scenic Lago Maggiore.

U.S. Treasury Secretary Janet Yellen is pushing on the assembly in Stresa for “more ambitious options” to unlock cash from some $260 billion in Russian central financial institution reserves frozen in Europe and the U.S. after the Feb. 24, 2022, invasion.

Maryam Zakir-Hussain26 May 2024 05:00


US publicizes $275M in new army help for Ukraine

The Biden administration introduced on Friday a further $275 million in army assist for Ukraine as Kyiv struggles to carry off advances by Russian troops within the Kharkiv area.

Secretary of State Antony Blinken mentioned the package deal, which was previewed on Thursday by two U.S. officers, “is part of our efforts to help Ukraine repel Russia’s assault near Kharkiv.”

“Assistance from previous packages has already made it to the front lines, and we will move this new assistance as quickly as possible so the Ukrainian military can use it to defend their territory and protect the Ukrainian people,” Blinken mentioned in an announcement.

Maryam Zakir-Hussain26 May 2024 04:00


Blinken will head to japanese Europe as considerations mount about Ukraine, Moldova and Georgia

Secretary of State Antony Blinken will journey to japanese Europe subsequent week as considerations mount about Russia’s advances in Ukraine, potential Russian interference in neighboring Moldova and pro-Moscow laws being promoted within the former Soviet republic of Georgia, the State Department mentioned Friday.

Blinken will go to the Moldovan capital of Chişinau on Wednesday earlier than attending a NATO overseas ministers assembly in Prague on Thursday and Friday. That assembly would be the army alliance’s final main diplomatic get-together earlier than leaders meet at a summit to have a good time NATO’s eightieth anniversary in Washington in July.

Maryam Zakir-Hussain26 May 2024 03:00


European Central Bank policymaker Fabio Panetta had clear directions for Italian banks on Saturday telling reporters that lenders should “get out” of Russia as a result of staying within the nation brings a “reputational problem.”

Raiffeisen is the most important European lender doing enterprise in Russia, adopted by UniCredit. Another giant Italian lender, Intesa Sanpaolo is working to eliminate its Russian enterprise.

U.S. President Joe Biden’s new secondary sanctions authority provides the Treasury the facility to chop off banks from the U.S. monetary system if they’re discovered to be aiding the circumvention of major sanctions in opposition to Russian and different entities over Moscow’s conflict in Ukraine.

Yellen and different U.S. Treasury officers have mentioned that Russia‘s economy is increasingly a “war economy” making it more difficult to distinguish between civilian and military or dual-use transactions.

The existence of the secondary sanctions has already chilled banks’ engagement with Russia, however Yellen has expressed concern that Russia is managing to search out avenues to accumulate items wanted to spice up its army manufacturing, citing transactions by means of China, the United Arab Emirates and Turkey.

Maryam Zakir-Hussain26 May 2024 02:00


European banks in Russia face ‘terrible lot of danger’, Yellen says

U.S. Treasury Secretary Janet Yellen advised Reuters that European banks face rising dangers working in Russia and the U.S. is strengthening its secondary sanctions on banks discovered to be aiding transactions for Russia‘s war effort.

“We are looking at potentially a tougher stepping-up of our sanctions on banks that do business in Russia,” Yellen told Reuters in an interview, declining to provide specifics and not identifying any banks at which they could be aimed.

Speaking on the sidelines of a G7 finance leaders meeting in northern Italy, Yellen said that sanctions related to banks’ dealings in Russia would solely be imposed “if there was a reason to do so, but operating in Russia creates an awful lot of risk,” she added.

Asked whether or not she want to see Austria’s Raiffeisen Bank International and Italian financial institution UniCredit pull out of Russia, Yellen mentioned: “I believe their supervisors have advised them to be extremely careful about what they do there.”

Maryam Zakir-Hussain26 May 2024 01:00