
Trump to press Putin to end 'bloodbath' in Ukraine
Russian President Vladimir Putin and U.S. President Donald Trump.
Mikhail Metzel | Evelyn Hockstein | Via Reuters
U.S. President Donald Trump will speak separately with Vladimir Putin and Volodymyr Zelenskyy on Monday in hopes of ending the 'bloodbath' in Ukraine, amid concerns over Washington's ongoing push to broker peace-making.
'HOPEFULLY IT WILL BE A PRODUCTIVE DAY, A CEASEFIRE WILL TAKE PLACE, AND THIS VERY VIOLENT WAR, A WAR THAT SHOULD HAVE NEVER HAPPENED, WILL END,' Trump wrote on his Truth social media platform Saturday in his customary all-capitalized comments.
The subject of the call will be trade and stopping the 'bloodbath' of Russian and Ukrainian deaths, he said.
His call with Putin will take place at 5 p.m. Moscow time (10:00 a.m. E.T.) and will take into account the outcome of negotiations carried out last week in Istanbul, Kremlin Spokesperson Dmitry Peskov said Monday, according to Google-translated comments carried by Russian state news agency Tass.
The U.S. mediation is set to happen after representatives from Russia and Ukraine held their first face-to-face talks since 2022 in Istanbul last week, as part of downgraded discussions that had originally been hoped to bring together Moscow and Kyiv's heads of state. Putin and Trump ultimately spurned the meeting, which culminated in an agreement to exchange prisoners of war, but failed to progress the peace process.
Talks to end the three-year war in Ukraine have languished in recent months, despite a U.S. drive to materialize Trump's pledge to achieve peace urgently. Threats from Trump that Washington could withdraw from the diplomatic process in the absence of an imminent resolution have raised concerns that the White House might diminish its critical military and humanitarian support for Ukraine.
Trump, whose revived dormant relations with the Kremlin after years of frigidity under his predecessor Joe Biden's administration, has recently turned tack on his reluctance to directly criticize Putin, increasingly levying the possibility of further sanctions on Moscow and backing a Ukraine and Europe-endorsed call for a 30-day ceasefire.
The contours of a temporary truce or permanent peace proposal have remained elusive, amid maximalist Russian demands and Zelenskyy's unwillingness to entertain potential territorial concessions.
'The U.S. has presented a strong peace plan and we welcome the Prisoner of War exchange agreement reached in Istanbul. Let's not miss this huge opportunity. The time for ending this war is now,' U.S. Secretary of State Marco Rubio said on social media Saturday, following a call with Russian Foreign Minister Sergey Lavrov.
'He explained to me that they are going to be preparing a document outlining their requirements for a ceasefire that will then lead to broader negotiations,' Rubio said in a later TV interview with CBS. 'Obviously, the Ukrainian side is going to be working on their own proposal. And hopefully that will be forthcoming soon.'
Yet the signs of Washington's dwindling patience with the stalled process linger.
'We don't want to be involved in this process of just endless talks. There has to be some progress, some movement forward,' Rubio stressed.
On Sunday, Zelenskyy also met with Rubio and U.S. Vice President JD Vance, decrying on social media the 'low level delegation of non-decision-makers' deployed by Russia to Istanbul last week, adding that he reaffirmed that 'Ukraine is ready to be engaged in real diplomacy and underscored the importance of a full and unconditional ceasefire as soon as possible.'
Sidelined throughout much of the recent peace brokering, European officials have raced to engage with the White House, with British, U.S., Italian, French and German leaders discussing Trump's upcoming engagement with Putin during a call on Sunday.
'Looking ahead to President Trump's call with President Putin tomorrow, the leaders discussed the need for an unconditional ceasefire and for President Putin to take peace talks seriously,' a British government readout said. 'They also discussed the use of sanctions if Russia failed to engage seriously in a ceasefire and peace talks.'
READ SOURCE
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
18 minutes ago
- Yahoo
Barcelona forward ‘set to complete' €15m move
Barcelona on the verge of sealing their biggest sale of the summer so far, as they look to raise funds for to register new signings. Forward Pau Victor arrived for just Victor is unlikely to get much in the way of opportunites though, having played just 379 minutes under Hansi Flick this past season. With the arrival of Marcus Rashford, slated for today, Victor seems unlikely to receive much more in the way of chances next campaign, and has been left out of Barcelona's preseason tour to Japan and South Korea in order to settle his future. Offer from Braga for Pau Victor It reported that Victor had an offer on the table that he was keen to accept, but it seems the deal is much further along than previously though. The Athletic report that Victor is 'set to join' the Portuguese side, with the deal bringing in €12m for Barcelona, plus a further €3m in variables. Fabrizio Romano has added that Barcelona are negotiating to include a buyback clause in the 23-year-old's contract. Valencia drop out of race A number of clubs had been previously linked with Victor, who impressed in preseason last summer, and finished as top scorer for Barca Atletic two years ago. The most recent were Valencia, who had supposedly enquired about Victor's services. Yet RadioMarca say that due to the prospective cost of the deal, they have decided to look at other options. Los Che have not forked out such a high fee since spending €35m on Jasper Cillessen in 2019. Image viaBarcelona sales this summer Victor would be a sixth exit this summer for the Blaugrana. Clement Lenglet came to an agreement to terminate his deal before joining Atletico Madrid, while Ansu Fati and Ander Astralaga have joined AS Monaco and Granada on loan respectively. Pablo Torre has joined RCD Mallorca in a €5m deal, and Alex Valle has signed for Como in a €6m deal. Although Barcelona have benefitted from some sell-on clauses, Victor's exit would more than double their current takings.
Yahoo
18 minutes ago
- Yahoo
Stocks Supported as US Announces a Trade Deal with Japan
The S&P 500 Index ($SPX) (SPY) today is up +0.27%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.45%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.17%. September E-mini S&P futures (ESU25) are up +0.21%, and September E-mini Nasdaq futures (NQU25) are down -0.15%. Stock indexes today are mixed, with the Dow Jones Industrials posting a 2-week high. Stocks found support today on some positive trade news that has boosted market sentiment. President Trump announced a trade deal with Japan late Tuesday, which will impose 15% tariffs on imports from Japanese, lower than the previously announced 25% rate set to take effect on August 1. The deal also creates a $550 billion fund for Japan to invest in the US. Japan also agreed to purchase 100 Boeing aircraft, increase its purchases of US rice by 75%, and buy $8 billion in other agricultural products, while raising its defense spending with American firms to $17 billion annually, from $14 billion. More News from Barchart Nvidia Stock Warning: This NVDA Challenger Just Scored a Major Customer Dear Microsoft Stock Fans, Mark Your Calendars for July 30 Dear QuantumScape Stock Fans, Mark Your Calendars for July 23 Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. However, the Nasdaq 100 index is under pressure today due to weakness in auto-related chip makers, with Texas Instruments down more than -10% after company executives on an earnings call said there isn't a "true broad recovery" in the automotive sector as automotive customers who ship into the US are cautious due to tariffs. US MBA mortgage applications rose +0.8% in the week ended July 18, with the purchase mortgage sub-index up +3.4% and the refinancing sub-index down -2.6%. The average 30-year fixed rate mortgage rose +2 bp to 6.84% from 6.82% in the prior week. Recent trade news has put some downward pressure on stocks. Last Wednesday, President Trump announced that he intends to send a tariff letter to more than 150 countries, notifying them that their tariff rates could be 10% or 15%, effective August 1. Also, President Trump recently announced that the US will impose 30% tariffs on US imports from the European Union and Mexico, effective August 1. In addition, Mr. Trump said that a 35% tariff on some Canadian products would take effect on August 1, up from the current 25%. The markets this week will focus on any tariff news along with the announcement of any new trade deals. Later today, Jun existing home sales are expected to fall -0.7% m/m to 4.00 million. After today's close, Alphabet and Tesla will release their quarterly earnings. On Thursday, weekly initial unemployment claims are expected to climb by +5,000 to 226,000. Also, the July S&P US manufacturing PMI is expected to slip -0.2 to 52.7. Finally, on Thursday, June new home sales are expected to climb +4.3% m/m to 650,000. On Friday, June capital goods new orders nondefense ex-aircraft and parts are expected to increase by +0.2% m/m. Federal funds futures prices are discounting the chances for a -25 bp rate cut at 3% at the July 29-30 FOMC meeting and 58% at the following meeting on September 16-17. The markets are absorbing a heavy slate of quarterly corporate earnings results this week. About one-fifth of the companies in the S&P 500 are expected to report their Q2 earnings results this week. Early results now show S&P 500 earnings are on track to rise +3.2% for the second quarter, better than the pre-season expectations of +2.8% y/y, according to Bloomberg Intelligence. Also, only six of the eleven S&P 500 sectors are projected to post an increase in earnings, the fewest since Q1 of 2023, according to Yardeni Research. Overseas stock markets today are higher. The Euro Stoxx 50 is up +1.04%. China's Shanghai Composite rose to a new 9.5-month high and closed up +0.01%. Japan's Nikkei Stock 225 rallied to a 1-year high and closed up sharply by +3.51%. Interest Rates September 10-year T-notes (ZNU25) today are down -7 ticks. The 10-year T-note yield is up +2.8 bp to 4.372%. T-notes are retreating today after the announcement of a trade deal between Japan and the US reduced safe-haven demand for government debt. Supply pressures are also weighing on T-notes as the Treasury will auction $13 billion of 20-year T-bonds later today. Easing inflation expectations are limiting losses in T-notes as the US 10-year breakeven inflation rate fell to a 1-week low today of 2.388%. European government bond yields today are moving higher. The 10-year German bund yield is up +1.8 bp to 2.608%. The 10-year UK gilt yield is up +4.4 bp to 4.613%. Swaps are discounting the chances at 2% for a -25 bp rate cut by the ECB at Thursday's policy meeting. US Stock Movers Power producers are climbing today after PJM Interconnection LLC predicted that the AI boom will prompt businesses and households served by the largest US power grid to spend a record $16.1 billion to ensure electricity supplies, which could support utility profit margins. Vistra (VST) is up more than +8% and Constellation Group (CEG) is up more than +6% to lead gainers in the Nasdaq 100. Also, Talen Energy (TLN) is up more than +7%, and NRG Energy (NRG) is up more than +5%. Weakness in shares of automotive and industrial chipmakers is limiting gains in the Nasdaq 100, with Texas Instruments (TXN) down more than -12% to lead losers in the Nasdaq 100 after company executives on an earnings call said there isn't a "true broad recovery" in the automotive sector as automotive customers who ship into the US are cautious due to tariffs. Also, Microchip Technology (MCHP) is down more than -8%, ON Semiconductor (ON) is down more than -5%, and NXP Semiconductors (NXPI) and Analog Devices (ADI) are down more than -3%. In addition, Global Foundries (GFS) is down more than -2%. Lamb Weston Holdings (LW) is up more than +15% to lead gainers in the S&P 500 after reporting Q4 net sales of $1.68 billion, stronger than the consensus of $1.59 billion. GE Vernova (GEV) is up more than +11% after reporting Q2 revenue of $9.11 billion, stronger than the consensus of $8.80 billion. Thermo Fisher Scientific (TMO) is up more than +10% after reporting Q2 revenue of $10.86 billion, above the consensus of $10.69 billion, and forecasting full-year sales of $43.6 billion-$44.2 billion, the midpoint above the consensus of $43.7 billion. Lennox International (LII) is up more than +9% after reporting Q2 adjusted EPS of $7.82, well above the consensus of $6.89. TE Connectivity Plc (TEL) is up more than +8% after reporting Q3 net sales of $4.53 billion, better than the consensus of $4.33 billion, and forecasting Q4 net sales of $4.55 billion, above the consensus of $4.42 billion. Manhattan Associates (MANH) is up more than +15% after reporting Q2 revenue of $272.4 million, better than the consensus of $263.7 million, and boosting its full-year revenue forecast to $1.07 billion-$1.08 billion from a previous forecast of $1.06 billion-$1.07 billion, higher than the consensus of $1.06 billion. Capital One Financial (COF) is up more than +3% after reporting Q2 net revenue of $12.49 billion, above the consensus of $11.84 billion. Fiserv (FI) is down more than -20% to lead losers in the S&P 500 after reporting Q2 organic revenue grew +8.00%, below the consensus of +8.91%. Otis Worldwide (OTIS) is down more than -11% after reporting Q2 net sales of $3.60 billion, below the consensus of $3.71 million, and cutting its full-year net sales forecast to $114.5 billion to $14.6 billion from a previous estimate of $14.6 billion to $14.8 billion, weaker than the consensus of $14.72 billion. Unity Software (U) is down more than -4% after BTIG downgraded the stock to sell from neutral with a price target of $25. Northern Trust Corp (NTRS) is down more than -3% after reporting Q2 provision for credit losses of $16.5 million, well above the consensus of $4.31 million. AT&T (T) is down more than -1% after forecasting full-year adjusted EPS of $1.97-$2.07, below the consensus of $2.09. Hilton Worldwide Holdings (HLT) is down more than -1% after cutting its full-year net income forecast to $1.64 billion to $1.68 billion from a previous forecast of $1.71 billion to $1.75 billion. Earnings Reports (7/23/2025) Alphabet Inc (GOOGL), Amphenol Corp (APH), AT&T Inc (T), Boston Scientific Corp (BSX), Chipotle Mexican Grill Inc (CMG), CME Group Inc (CME), Crown Castle Inc (CCI), CSX Corp (CSX), Fiserv Inc (FI), Freeport-McMoRan Inc (FCX), GE Vernova Inc (GEV), General Dynamics Corp (GD), Globe Life Inc (GL), Hasbro Inc (HAS), Hilton Worldwide Holdings Inc (HLT), International Business Machine (IBM), Lamb Weston Holdings Inc (LW), Las Vegas Sands Corp (LVS), Lennox International Inc (LII), Molina Healthcare Inc (MOH), Moody's Corp (MCO), NextEra Energy Inc (NEE), Northern Trust Corp (NTRS), NVR Inc (NVR), O'Reilly Automotive Inc (ORLY), Otis Worldwide Corp (OTIS), Packaging Corp of America (PKG), Raymond James Financial Inc (RJF), Rollins Inc (ROL), ServiceNow Inc (NOW), TE Connectivity PLC (TEL), Teledyne Technologies Inc (TDY), Tesla Inc (TSLA), Thermo Fisher Scientific Inc (TMO), T-Mobile US Inc (TMUS), United Rentals Inc (URI). On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on


WIRED
18 minutes ago
- WIRED
Trump's AI Action Plan Is a Crusade Against ‘Bias'—and Regulation
Jul 23, 2025 10:52 AM The Trump administration's new AI policy blueprint calls for limited regulation and lots of leeway for Big Tech to grow even bigger. Photo-Illustration:On Wednesday, the Trump Administration unveiled its new artificial intelligence action plan geared at keeping US efforts competitive with China. With over 90 policies recommended, it's a wide-ranging document that, if followed, would give Silicon Valley's most powerful companies even more leeway to grow. 'We believe we're in an AI race,' White House AI czar David Sacks said on a call ahead of the action plan's release. 'We want the United States to win that race.' The Office of Science and Technology Policy drafted the plan, which focuses on three key 'pillars' for AI strategy: accelerating AI innovation, building infrastructure, and leading international diplomacy and security. The report opens by stressing that 'AI is far too important to smother in bureaucracy at this early stage, whether at the state or Federal level.' It recommends a series of policies designed to loosen regulations and burdens on the tech companies developing artificial intelligence products, like encouraging the Federal Communications Commission to 'evaluate whether state AI regulations interfere with the agency's ability to carry out its obligations and authorities under the Communications Act of 1934.' 'We need to build and maintain vast AI infrastructure and the energy to power it. To do that, we will continue to reject radical climate dogma and bureaucratic red tape, as the Administration has done since Inauguration Day,' the report reads. 'Simply put, we need to 'Build, Baby, Build!'' In addition to releasing this report, President Donald Trump is expected to sign several executive orders later this afternoon that are expected to map onto the priorities outlined in the action plan. AI has been a priority for the past two US administrations, but Trump's second term has been characterized by major calibrations as the sector has exploded in prominence. In October 2023, the Biden Administration introduced an AI Executive Order designed to address numerous risks posed by rapidly advancing AI models. The order focused on issues like the potential for AI models to be used as cybersecurity weapons or to help produce chemical or biological weapons, as well as algorithmic bias. This new action plan explicitly seeks to undo efforts undertaken during the Biden Administration, like reviewing all of the Federal Trade Commission investigations it commenced 'to ensure that they do not advance theories of liability that unduly burden AI innovation.' The plan builds on the Trump Administration's previous approach to AI. Shortly after Trump took office, Vice President JD Vance gave a speech at a major AI meeting in Paris where he laid out the new administration's priorities. 'We believe that excessive regulation of the AI sector could kill a transformative industry just as it's taking off, and we'll make every effort to encourage pro-growth AI policies,' Vance said, adding, 'we feel strongly that AI must remain free from ideological bias, and that American AI will not be co-opted into a tool for authoritarian censorship.' The AI Action Plan continues this crusade against 'woke' AI, recommending that federal procurement guidelines are updated so that only AI companies that 'ensure that their systems are objective and free from top-down ideological bias' are given contracts. Trump has also taken steps to help build out US AI capacity domestically and abroad. A day after his inauguration, the president announced a joint venture between Softbank, Oracle, and OpenAI called Stargate that promised to build at least $100 billion in datacenter capacity in the US. In May, Trump and an entourage of tech leaders traveled to several gulf nations to announce a series of deals involving the construction of AI infrastructure across the region. Trump's desire to advance US AI interests is also reshaping foreign policy. During his first administration the president imposed export controls on Huawei and other Chinese firms aimed at slowing their ability to develop AI. Last week, the US government reversed restrictions on certain cutting-edge Nvidia and AMD chip sales to China, apparently shifting its focus towards helping US companies compete globally. A variety of tech, consumer protection, and civil society organizations are already speaking out with concerns about the action plan. Sarah Myers West and Amba Kak, the co-executive directors of the AI Now Institute, characterized the plan in a statement to WIRED as 'written by Big Tech interests invested in advancing AI that's used on us, not by us.' This is a developing story. Please check back for updates.