US President Donald Trump has launched an economic attack on buyers of Russian oil by imposing 25% tariffs on goods from India. This could destabilize global markets and create political risks for Trump himself.
A state-owned explosives manufacturer in Russia acquired Siemens equipment through an intermediary that procures technology from Chinese wholesalers. This allowed for the expansion of production despite Western sanctions.
The flagship Volkswagen Touareg SUV will cease production by 2026 without a direct replacement. The company will focus on more affordable models, such as the Tayron, due to declining profitability.
US President Donald Trump is considering whether to punish Russia. Instead, he announced a summit with Putin. Trump also informed European leaders about a possible meeting with Putin and Zelensky, for which Moscow, it seems, has not provided sufficient assurances.
US President Donald Trump signed an executive order allowing cryptocurrencies and other alternative assets to be included in 401(k) pension plans. This move aims to increase returns for retirees, despite potential risks.
US President Donald Trump announced the signing of a peace agreement between Armenia and Azerbaijan on August 8. The ceremony will take held at the White House with the participation of leaders from both countries.
August 8 marks the birthday of the refrigerator, patented by Albert Marshall in 1899. Also celebrated today are the Signal Corps Day of the Ukrainian Armed Forces, International Cat Day, and International Alliances Day.
The leaders of Armenia and Azerbaijan will sign a peace agreement in Washington on August 8. The agreement will grant the US exclusive rights to develop a strategic transit corridor through the South Caucasus.
US President Donald Trump stated that the deadline for Putin regarding a ceasefire depends on the Kremlin leader's decision. Earlier, Trump set a 10-day deadline for reaching an agreement on a ceasefire in Ukraine.
Donald Trump stated that Putin should not meet with Zelensky before meeting with him. He emphasized that Putin and Zelensky would like to meet with him.
President Zelenskyy discussed diplomatic efforts and future contacts, including with Donald Trump, with Italian Prime Minister Meloni. The parties seek real peace and the involvement of European leaders in the process.
President Zelenskyy announced a detailed conversation between the security advisors of Ukraine and its partners. The parties agreed to continue negotiations on August 8 to discuss a ceasefire.
Today, a conversation will take place between security advisors of Ukraine, other European countries, and a representative of the US President. Coordinated approaches in diplomacy and a common position on a ceasefire will be discussed.
Indian state-owned oil refineries are suspending spot purchases of Russian crude oil. This comes amid increased pressure from Washington and the imposition of tariffs on Indian exports.
US President Donald Trump will meet with Putin only if the Russian dictator also meets with Zelenskyy. The White House has not confirmed a bilateral meeting, but is discussing a possible trilateral meeting.
Zelenskyy's advisor Dmytro Lytvyn denied information from the Polish publication Onet about the truce conditions proposed by the US to Russia. He emphasized that nothing of the sort was discussed during the leaders' conversation.
Russian dictator Vladimir Putin is relying on a meeting with Donald Trump to achieve strategic goals in the war against Ukraine. The Kremlin considers the summit the main tool for keeping Ukraine out of NATO and changing geopolitical reality.
General Motors and Hyundai have announced a partnership to develop five new models, from pickups to electric vans. The cooperation covers markets in both Americas, with the first cars appearing in 2028.
In July 2025, China increased crude oil imports by 11. 5% to 47.2 million tons. The growth is due to high activity of state-owned oil refineries.
China is deliberately prolonging the war in Ukraine, strengthening military and economic cooperation with Russia. Beijing considers the conflict beneficial for weakening the United States. This position nullifies Western peace initiatives.
The head of the Center for Countering Disinformation, Andriy Kovalenko, urges not to believe rumors about a meeting between Trump and Putin. US Special Envoy Steve Witkoff discussed with Putin proposals for a truce in Ukraine.
President of Ukraine Volodymyr Zelenskyy and Federal Chancellor of Germany Friedrich Merz held a telephone conversation. The leaders discussed accelerating the end of the war, preparing for an online meeting of national security advisors, and defense support for Ukraine, including financing air defense systems.
A new Gallup poll showed that Pope Leo XIV has the highest approval rating among Americans (+46). Volodymyr Zelenskyy received +18, while Elon Musk has a deeply negative rating of -28.
Donald Trump has instructed the Department of Commerce to begin work on a new US census that would exclude undocumented immigrants. This proposal is a departure from long-standing practice, as historically all residents have been counted regardless of immigration status.
Swiss politicians are considering canceling the order for F-35A fighter jets from Lockheed Martin Corp after the US introduced 39% tariffs. The deal, worth up to $9.1 billion, became controversial due to "misunderstandings" regarding the price and the tariff shock.
President of Ukraine Volodymyr Zelenskyy held a conversation with President of France Emmanuel Macron, sharing the Ukrainian vision of the conversation with President Trump. The leaders agreed that work at the level of advisors and leaders should be effective.
Putin's aide called the US proposal, brought to Moscow by Trump's special envoy Stephen Witkoff, "quite acceptable. " Media speculate that the US proposed a truce in Ukraine to Russia (but not yet peace), effective "recognition" of Russia's territorial gains with discussions prolonged for decades to come, as well as the lifting of sanctions.
Ukraine's dollar bonds continued to rise after the confirmation of a meeting between Russian and US leaders. This fueled speculation about a possible truce between Moscow and Kyiv.
US Special Envoy Steve Witkoff discussed with Putin proposals for a truce in Ukraine, recognition of Russia's territorial gains, sanctions lifting, and energy cooperation. Kremlin's refusal would mean losing hope for a compromise agreement.
President of Ukraine Volodymyr Zelenskyy held a conversation with German Chancellor Friedrich Merz regarding peace efforts. The parameters for ending the war will determine security conditions for Europe, so Europe must be a participant in relevant processes.
