
Trump sets new deadline of 10 or 12 days for Russia to act on Ukraine
Trump has threatened both sanctions on Russia and buyers of its exports unless progress is made. The fresh deadline suggests the US president is prepared to move forward on those threats after previous hesitation to do so.
Speaking in Scotland, where he is holding meetings with European leaders and playing golf, Trump said he was disappointed in Putin and shortening a 50-day deadline he had set on the issue earlier this month.
"I'm going to make a new deadline of about ... 10 or 12 days from today," Trump told reporters during a meeting with British Prime Minister Keir Starmer. "There's no reason in waiting... We just don't see any progress being made."
There was no immediate comment from the Kremlin.
In a post on X, former Russian president Dmitry Medvedev, a close ally of Putin, said Trump was playing "a game of ultimatums" that could lead to a war involving the US.
People hold placards as they attend a memorial event to mark the third anniversary of the Olenivka prison attack, at Independence Square in Kyiv. AFP
Medvedev wrote: "Each new ultimatum is a threat and a step towards war. Not between Russia and Ukraine, but with (Trump's) own country."
Ukraine welcomed Trump's statement. Andriy Yermak, President Volodymyr Zelenskiy's chief of staff, thanked Trump in a social media post for "standing firm and delivering a clear message of peace through strength."
Trump, who has expressed annoyance also with Zelenskiy, has not always followed tough talk about Putin with action, citing what he deems a good relationship that the two men have had previously.
Donald Trump Jr and his partner Bettina Anderson, right, stand on the tarmac as Donald Trump and Keir Starmer prepare to board Marine One. AP
On Monday, Trump indicated he was not interested in more talks with Putin. He said sanctions and tariffs would be used as penalties for Moscow if it did not meet Trump's demands.
"There's no reason to wait. If you know what the answer is going to be, why wait? And it would be sanctions and maybe tariffs, secondary tariffs," Trump said. "I don't want to do that to Russia. I love the Russian people."
Ukraine had proposed a summit between Putin and Zelenskiy before the end of August, but the Kremlin has said that timeline was unlikely and that a meeting could only happen as a final step to clinch peace.
Russia's foreign ministry said on Saturday that if the West wanted real peace with Ukraine, it would stop supplying Kyiv with weapons.
Trump has repeatedly voiced exasperation with Putin for pursuing attacks on Ukraine despite US efforts to end the war. Trump has played up successes in other parts of the world where the United States has helped to broker peace agreements and has been flattered by some leaders who suggest he should be given the Nobel Peace Prize.
"I'm disappointed in President Putin," Trump said on Monday. "I'm going to reduce that 50 days that I gave him to a lesser number because I think I already know the answer what's going to happen."
Trump, who is also struggling to achieve a peace deal in Gaza, has touted his role in ending conflicts between India and Pakistan as well as Rwanda and Congo. Before returning to the White House in January, Trump campaigned on a promise to end Russia's conflict with Ukraine in a day.
"We thought we had that settled numerous times, and then President Putin goes out and starts launching rockets into some city like Kyiv and kills a lot of people in a nursing home or whatever," Trump said. "And I say that's not the way to do it."
Reuters

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The National
22 minutes ago
- The National
Iraqi-British hotel owner and his Iranian oil smuggling link to Yemen's Houthis
Reviews of The Gainsborough Hotel speak of its spacious rooms, friendly staff and convenient location for visiting some of London's most famous tourist sites. It is fair to say all those who have enjoyed their stay at the hotel are probably unaware of any connections the establishment has to oil smuggling and Iran's Islamic Revolutionary Guards Corp (IRCG). A closer look at the ownership of the property where the hotel sits, however, reveals it to be a company whose owner has been placed under sanctions by the US for masterminding a vast oil smuggling operation. Salim Ahmed Said is an Iraqi -British citizen who runs a network of companies that have been selling Iranian oil falsely declared as Iraqi since 2020, said the US Treasury when it announced the sanctions this month. The 47-year-old owns and runs companies that have smuggled oil for the benefit of the Iranian government and the IRGC. Through bribery of Iraqi officials he has been able to pass off Iranian oil as if it originated from Iraq, through a terminal he runs just over the border. The network of which his is part has "collectively shipped tens of millions of barrels of Iranian oil and other petroleum worth billions of dollars", the Americans allege. An investigation by The National has uncovered the London-business connections of Mr Said, who the US says has two British passports and goes by several aliases. Links to a Syrian shipping magnate, who is under US sanctions for his dealings with the Houthis and Hezbollah, can also be revealed. Ships involved in the black market Iranian oil trade link Said with Houthi and Hezbollah financier Abdul Jalil Mallah. The US has described Mr Mallah as an "illicit shipping magnate", alleging he and his brother "use their shipping empire to support Iran's malign activities and those of its proxies". A join t investigation by The National and the Greek journalism organisation iMEdD revealed Mr Mallah appears to operate the business in Greece despite being under sanctions. London hotels Turn the corner on to Queensberry Place, after a short walk from South Kensington underground station, and at the end of the street the Natural History Museum's imposing towers loom into view. On the right-hand side of the road is The Gainsborough and directly opposite The Exhibitionist, its sister hotel. Both are run by the same Dublin-based company. The Gainsborough building is owned by Robinbest and was bought for £6.5 million ($8.6 million) in 2018, according to accounts. Robinbest is in turn owned by The Willett Hotel, whose owner is Mr Said, and the company has assets of £27 million, according to its most recently filed accounts. The Willett Hotel's correspondence address is, however, The Exhibtionist Hotel, while its registered office is The Gainsborough Hotel. The building that is home to The Exhibitionist is owned by another company, The Exhibitionist Holdings. The Exhibitionist Holdings' solicitor said his client's accountants were raising this crossover with Companies House "as a matter of urgency". The Willett Hotel's registered office was once the Exhibitionist Hotel's site but it shifted across the road to The Gainsborough before again it moved, this time to an accountancy firm in east London, which was also the registered office of Robinbest. An employee, who asked for his identity and that of the firm not to be revealed, confirmed the handsome townhouse was part of Mr Said's empire when The National visited. He said he was 'very surprised' when told both the companies have been placed under sanctions by the US. 'We were not aware that he was involved in the oil business, only hotels,' he said. 'We're not aware of any sanctions.' The employee said the firm dealt only with Mr Said's staff and never with him. They sent all the relevant paperwork needed to file accounts. 'Everything is above board and the companies pay tax,' he said. Both The Willett and Robinbest moved their registered office addresses to The Gainsborough soon after The National began its investigation. Mr Said is from the town of Ranya in Iraq's semi-autonomous Kurdish region and first came to the UK in 2002 after which he was granted asylum, The Sunday Times reported. His first business venture was a shop named Rhine in Leicester, which was dissolved in 2014. It is not known when he became involved in oil trading. Smuggling operation The complex and shadowy operation run by Salim Ahmed Said is revealed in detail by the US Treasury. At the heart of his sanctions-busting enterprise is the oil terminal at the port of Khor Al Zubayr in southern Iraq, where a company he owns, VS Oil, manages six oil storage tanks. The port sits on a waterway about 40km from Basra but Iran sits on the other side of the neighbouring Shatt Al-Arab river. As sanctions have tightened on it in recent years, Iraq has increasingly become Iran's lifeline and there have been reports that oil smuggling has increased since Prime Minister Mohammed Shia Sudani took office in 2022. The proximity of Mr Said's operation to Iran makes it convenient for the country's oil to be clandestinely shipped there clandestinely. To pay for the delivery, VS Oil employees smuggle hard currency into Iran in cars and lorries, some of which carry millions of dollars each. Once the Iranian oil is dropped off at Khor Al Zubayr it is mixed with Iraqi oil. Tankers carrying Iranian oil also conduct ship-to-ship transfers with vessels carrying Iraqi oil in nearby VS Oil's terminal facilities. Vessel tracking shows that VS Oil has been visited by a number of tankers, which transport Iranian petroleum products on behalf of US-sanctioned Iranian company Triliance Petrochemical. Ships operating for Iranian military front company Sahara Thunder have also visited VS Oil. Sahara Thunder is the main front company that oversees the IRGC's support for Russia's war in Ukraine, including the design, development, manufacture and sale of thousands of drones. This activity was founded by the widespread bribery of Iraqi officials. Mr Said has paid millions of dollars in bribes to many members of key Iraqi government bodies, including its parliament, in exchange for forged vouchers allowing him to sell Iranian oil as if it originated from Iraq. This blended oil that was authenticated by these officials was ultimately sold on the world markets. One expert told The National it was surprising that vessels had been actually sailing into an Iraqi port with Iranian oil to be blended with Iraqi. The expert explained that previously ships transporting Iranian oil had been pretending to be moored in Iraqi ports only to circumvent sanctions. This is done through what is known as spoofing – the manipulation of a ship's automatic identification system. 'So the blending part, that was something that we had not been seeing,' said the expert. While the US has stepped up its designation of vessels suspected of smuggling oil for Iran, tanker operators are 'very quick at adapting'. 'They're quick at moving things under a new name, new companies, new structures, new vessels, repurchasing vessels to fill the gap left by the ones have not been designated,' the source said. 'It's a shame because the US is doing a great job in terms of finally paying attention to this, but it's also not a comprehensive strategy. They are piecemeal designating. 'Until they really hit everyone hard, every single vessel, every single company, they just keep replacing and replacing. And so it just makes it harder.' Shadow fleet In a bid to avoid sanctions on its oil exports imposed by the US, Iran uses a network of oil tankers whose ownership is deliberately obscured. This shadow fleet, as it has come to be known, enables the regime to transport its oil to generate revenue for the struggling national economy. Iran relies on non-sanctioned ships to receive Iranian oil from sanctioned vessels using ship-to-ship transfers before carrying the cargo to buyers in Asia, mainly China. Ships in this shadow fleet have been operated by companies owned or controlled by Salim Ahmed Said. According to the US Treasury, he controls a UAE-based company called VS Tankers despite avoiding formal association with the business, which has smuggled oil for the benefit of the Iranian government and the IRGC. VS Tankers was formerly known as Al-Iraqia Shipping Services & Oil Trading. In 2020, the company reportedly brokered a deal to transport Iranian oil via Iraqi pipelines to be blended and sold as Iraqi oil. Mr Said is also the owner of Rhine Shipping, which was first implicated in blending Iranian oil to sell as Iraqi oil in 2022. Rhine Shipping was previously exposed as the manager of the oil tanker Molecule, which loaded oil in the Arabian Gulf from an Iranian tanker that had turned off its location transponder to conceal the transaction. The Molecule was subsequently sanctioned for its role in shipping Iranian oil as part of the network of Iran-backed Houthi financial official Sa'id Al Jamal. Helping the Houthis Under the direction of Mr Al Jamal, Syrian citizen Abdul Jalil Mallah facilitated transactions worth millions of dollars to Swaid and Sons, a Yemen-based exchange house associated with the Houthis. Mr Mallah is subject to an arrest warrant in the UK and has been listed as a specially designated global terrorist by the US Treasury since 2021 for his involvement with Hezbollah and the Houthis in deals it says were worth 'millions of dollars". He has worked with Mr Al Jamal to send millions of dollars' worth of Iranian crude oil to Hezbollah, the US alleges. Mr Al Jamal, financial backer of the Houthis, is based in Iran and directs a network of front companies and vessels that smuggle Iranian fuel, petroleum products and other commodities to customers throughout the Middle East, Africa and Asia. Last year, the US Treasury also sanctioned four ships belonging to Mr Mallah's brother Luay Al Mallah. Abdul Jalil was successfully sued in the UK over a deal he struck with three subsidiaries of the US firm Oaktree Capital Management (OCM) to finance the acquisition of two cargo ships – the Amethyst and the Courage. OCM sought to terminate the deal in June 2021 when Mr Mallah was placed under sanctions, and his assets and bank accounts were subject to a US freezing order. Subsequent lawsuits sought to wrest control from Mr Mallah. OCM had also sought £1 million in legal costs and in a subsequent court order in May 2024, Mr Mallah was given a prison sentence for fraud. Mr Mallah's submissions included forged documents purporting to be from the Greek authorities showing he had left the country before the notice was served, which led to a hearing for contempt of court. He was sentenced to 18 months in jail, though he is unlikely ever to serve any of it. In response, the shipping tycoon insisted he was the victim of a set-up. "I have nothing to do with Hezbollah and the Houthis. This is a big lie against me to rob me,' he said. Luxury home Mr Said lives in Dubai in the prestigious Palm Jumeirah, a big attraction for foreign buyers making high-end property purchases. When The National tried to pay a visit to his villa in Frond D, security did not allow anyone to pass unless there was permission from the owner. There was a small roundabout before the checkpoint at the Frond D entrance with a small sign on the right mentioning the letter of the Frond with a brief warning in Arabic and English: "Residents and visitors only". The security guard asked for identification and the reason for visiting. 'The host needs to alert the security so you can go inside after showing identification,' he said. Dubai is one of the world's most active markets for luxury homes and The Palm is the most desirable location for $10 million-plus properties. It has 17 fronds which extend outward from the trunk of the island, forming the distinctive palm tree shape. It is spread over an area of 560 hectares and divided into three main areas, The Crescent, Trunk and Fronds. They are primarily designed to house luxury residential villas, hotels and resorts. In June, an announcement was made for five luxurious villas to be built on land bought for Dh365 million ($99.4 million) on the island by developer 25 Degrees. Frond D is a gated sub-community on the north-east of The Palm development. The fronds are primarily residential areas, so access is often restricted to residents, guests or those with legitimate business.


Crypto Insight
22 minutes ago
- Crypto Insight
Rakbank becomes the first UAE bank to offer crypto trading for retail
The National Bank of Ras Al Khaimah (Rakbank), a government-owned bank in the United Arab Emirates (UAE), is the first conventional bank in the country to offer retail crypto trading. In a Tuesday news release, the bank announced the launch of a crypto brokerage service through its mobile banking app, allowing customers to buy, sell and swap cryptocurrencies directly from their UAE dirham accounts. 'We recognize the opportunity this solution will provide to customers in the UAE, as we believe they deserve a more efficient and seamless crypto buying, selling and swapping journey that is fully regulated and entirely in AED [dirhams],' said Raheel Ahmed, group CEO of Rakbank. The new offering is powered by Austria-based Bitpanda, with transactions facilitated by Bitpanda Broker MENA DMCC, a Virtual Assets Regulatory Authority (VARA)-regulated entity in Dubai. Bank-backed crypto trading now possible Rakbank said customers can trade crypto without needing to transfer funds to an external exchange or convert between fiat currencies, eliminating foreign exchange fees. The integration uses Bitpanda's infrastructure to execute trades and manage custody. 'We are proud to be the first conventional bank in the UAE to enable simple, secure, and regulated access to a world-class digital assets platform,' Ahmed said. The crypto trading service is currently available by invitation only, with a broader rollout expected in the coming months. Lukas Enzersdorfer-Konrad, deputy CEO of Bitpanda, called the partnership 'a big moment for digital assets in the region.' Bitpanda is regulated in multiple European jurisdictions and has existing institutional partnerships with Deutsche Bank, N26 and Raiffeisen Bank. Cointelegraph reached out to Rakbank for comment but had not received a response by publication. Rakbank launches crypto platform in UAE Last year, Rakbank partnered with Bitpanda to build a digital asset management platform for residents. The bank described digital assets as the 'future,' adding that they offer a more efficient and secure way for customers to manage finances. Rakbank's push into crypto comes as the UAE strives to establish itself as a primary destination for blockchain and crypto projects. The Dubai Multi Commodities Centre free zone has attracted over 600 crypto companies, with more firms flocking to the Dubai International Financial Centre and One Central district as the country positions itself as a leader in digital finance. Last month, the Dubai Financial Services Authority, the financial regulator in charge of the Dubai International Financial Centre, approved Ripple's RLUSD stablecoin. Source:


Arabian Post
an hour ago
- Arabian Post
Orange Suffers Cyberattack, Disrupts Operations in France
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