Russia is preparing a new budget with tax increases and cuts in civilian spending due to record defense expenditures and declining oil and gas revenues. Economists warn of a recession risk, as over 40% of Russia's funds are directed towards the war against Ukraine.
Turkish President Recep Tayyip Erdogan, in a conversation with Putin, called on Russia to support international efforts for a lasting peace in Ukraine. Ankara advocates for a just and comprehensive peace with the participation of all parties to the conflict.
Turkish President Recep Tayyip Erdogan held a phone conversation with Vladimir Putin. The parties discussed the Russia-US summit in Alaska and noted Turkey's assistance in negotiations between the Russian Federation and Ukraine in Istanbul.
US and European military planners are studying security guarantees for Ukraine after the war. The deployment of European troops under US command and possible air support from Washington are being considered.
A number of countries, including Italy, Switzerland, Austria, and Hungary, have expressed readiness to organize a meeting between the presidents of Ukraine and Russia. The White House is considering Budapest as the main venue for trilateral negotiations.
The White House is planning a possible trilateral meeting of the US, Russian, and Ukrainian presidents in Budapest. The US Secret Service is preparing for the summit, although the final location may change.
US President's special envoy Steve Witkoff spoke about the concessions made by Russian officials at the meeting with Trump in Alaska. The negotiations focused on a long-term peace agreement, not a temporary ceasefire.
US President Donald Trump called Hungarian Prime Minister Viktor Orban to find out why he is blocking Ukraine's EU accession talks. European leaders asked Trump to use his influence on Orban.
The visit of the European delegation to Washington and Trump's negotiations with Zelensky impressed and surprised, but did not change the situation - the war of the Russian Federation in Ukraine continues. Putin insists on his terms - currently the Kremlin is not interested in a truce and continues to launch airstrikes.
Donald Trump spoke of a "warm" relationship with Vladimir Putin after their summit in Anchorage. He noted a pleasant feeling during the meeting, which, in his opinion, is positive.
Representatives of the "coalition of the willing" discussed security guarantees for Ukraine. Leaders reaffirmed the need for continued support for Ukraine in the war with Russia.
The meeting between Zelenskyy and Trump is assessed as positive, having launched a negotiation process involving Putin. Political scientist Oleh Lisnyi believes that everything now depends on the Russian dictator.
Spanish Foreign Minister José Manuel Albares denied that the country's failure to meet NATO targets was the reason for its absence from the Ukraine talks. Albares emphasized Spain's commitment as an ally and its provision of military aid to Ukraine.
German Chancellor Friedrich Merz called on Donald Trump to influence Vladimir Putin to achieve a ceasefire before the next trilateral meeting. Trump replied that a ceasefire was not in his previous wars, but he would consider such an option.
Dominik Hašek criticized Donald Trump for meeting with Vladimir Putin, calling the American leader a traitor. The hockey player was outraged by Trump's repost about Ukraine's refusal of territories and rolling out the red carpet for Putin.
Minister of Foreign Affairs Andriy Sybiha stated that Ukraine expects from the meeting between Zelenskyy and Trump a clear understanding of the parameters of future security guarantees. The discussion also concerns further work on bringing closer a trilateral meeting.
Italian Prime Minister Giorgia Meloni warned allies about the need to support the US President's efforts for peace. She also argues with French President Emmanuel Macron over the location of a trilateral Putin-Zelensky-Trump meeting.
Gold prices fell by 1. 8% for the week to $3340 per ounce. This is due to accelerating wholesale inflation in the US and expectations regarding interest rates.
Oil prices were little changed after falling earlier in trading. The US did not put further pressure on Russia to limit oil exports after the leaders' meeting.
President Zelenskyy arrived in Washington to discuss possible peace agreement terms that were discussed between Trump and Putin in Alaska. Allies are concerned about potential territorial concessions and seek clear security guarantees for Ukraine.
US President Donald Trump will pressure Volodymyr Zelenskyy for Ukraine to cede the unoccupied territories of Donetsk and Luhansk regions. About 75% of Ukrainians oppose any official transfer of land to Russia.
EU Ambassador to Ukraine Katarina Maternova called "peace" that demands Ukraine give up the unoccupied parts of Donbas unacceptable. She emphasized that the EU will not tolerate peace that is just another word for Ukraine's capitulation.
Donald Trump reposted on social media a post stating that Ukraine should be ready to lose part of its territory to Russia. Otherwise, the longer the war lasts, the more land will be lost.
Secretary of State Marco Rubio stated that the only way to end the war is to reach a peace agreement that Ukraine and Russia will agree to. Earlier, agreements on security guarantees at a summit with Putin in Alaska were reported.
US President's Special Envoy Steve Witkoff stated that agreements on reliable security guarantees were reached at the historic summit with Russian President Vladimir Putin in Alaska. These agreements could fundamentally change the situation.
US President Donald Trump announced a "significant shift" in relations with Russia and urged to follow the news. This comes amid his proposal to Ukraine to exchange territories for peace after meeting with Putin.
European leaders plan to send Finnish President Alexander Stubb to the Trump-Zelenskyy meeting in Washington. He is expected to become a "bridge" between the parties and help avoid tensions during the negotiations.
Russia proposes to freeze the front in Zaporizhzhia and Kherson regions in exchange for control over Donetsk region - these conditions became known to Reuters from sources, in the context of topics that Putin and Trump discussed in Alaska.
Documents outlining a plan for a meeting between Russian and American leaders were found in a public hotel printer in Alaska. Among the findings were a dinner menu in honor of Putin and a gift from Trump.
Donald Trump and Vladimir Putin have offered Ukraine a deal: give up Donbas in exchange for peace and security guarantees. This offer, although "terrible," may be the only option for Ukraine.
