logo
New round of Russia-Ukraine talks start in Turkey, days after Trump gave Moscow deadline to make peace

New round of Russia-Ukraine talks start in Turkey, days after Trump gave Moscow deadline to make peace

CNN5 days ago
Russian and Ukrainian delegates have begun their third set of direct talks in Istanbul, days after US President Donald Trump gave Moscow a 50-day deadline to make peace or face 'very severe tariffs.'
Russian President Vladimir Putin has not publicly acknowledged Trump's ultimatum, and Moscow has continued to pummel Ukrainian cities with drones and missiles while its ground troops grind forward in the east.
The two previous rounds of talks in Istanbul, in May and June, helped facilitate the exchange of thousands of prisoners of war and the remains of dead soldiers, but made little progress toward a potential ceasefire agreement.
Before Wednesday's latest round of talks, Kremlin spokesperson Dmitry Peskov sought to downplay expectations, stressing that the two sides' negotiating positions remain 'diametrically opposed.'
'No one expects an easy path. It will be a very difficult discussion,' Peskov said Wednesday. A day earlier, he told reporters not to expect 'any miraculous breakthroughs.'
Peskov confirmed that Moscow's delegation is unchanged from the previous rounds of talks and will be headed by Vladimir Medinsky, a former culture minister and now a senior Putin aide.
Rustem Umerov, Ukraine's former defense minister, is leading Kyiv's delegation after heading the previous two.
Last month, Russian casualties hit a grim milestone, with the UK's Ministry of Defence estimating that Putin's war has likely cost Russia more than 1 million casualties since the start of its full-scale invasion in February 2022.
That number tracked with an assessment the same month from the Center for Strategic and International Studies, a think tank in Washington, DC, which put the number of casualties at 950,000 and predicted that 'Russia will likely hit the 1 million casualty mark in the summer of 2025.'
Despite those losses, the Russian president has shown little sign of compromising on his maximalist war aim of dismantling Ukraine's sovereignty. In a long essay published months before the full-scale invasion, Putin falsely argued that Russia and Ukraine are one country; his comments suggesting to many that the war has been waged to make that a reality.
In addition to Trump's fresh threat of new sanctions on Russia and other countries that purchase Russian oil if peace isn't reached in 50 days, the US also secured a deal to funnel new weapons to Kyiv through European allies. The moves were in stark contrast with previous approaches the US leader has taken with the conflict.
Trump's reversal came after the European Union unveiled a new package of sanctions proposing to lower the price cap on Russian oil exports and introducing a full transaction ban on Russian banks and financial institutions in third countries that help Russia dodge existing sanctions.
It is unclear whether Trump's latest decisions will sway Moscow's approach, but his about-face could provide a much-needed boost to Ukraine's military coffers, and signals his growing frustration with Putin.
'My conversations with him are very pleasant, and then the missiles go off at night,' Trump explained last week.
Before the talks, Ukrainian President Volodymyr Zelensky reiterated his call for a direct meeting with Putin, saying only a meeting of the two leaders can end the war.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Europeans, Not Trump, Ended Up Chickening Out
Europeans, Not Trump, Ended Up Chickening Out

Bloomberg

time16 minutes ago

  • Bloomberg

Europeans, Not Trump, Ended Up Chickening Out

Donald Trump's world tour of arm-twisting on trade has landed its latest deal: A 15% baseline tariff on European Union goods, lowered from the recently threatened 30%, in return for an apparent smorgasbord of continental investments into the US and huge purchases of energy and military equipment. Japan sealed a similar deal last week while pushing back on some extravagant Trumpian claims. 'It was the best we could get,' European Commission President Ursula von der Leyen said. Many will agree with her. The US is the EU's biggest trade partner and a dominant defense and technology supplier – a spiral of tit-for-tat tariffs is something Europeans simply can't afford, as LVMH Moet Hennessy Louis Vuitton SE boss Bernard Arnault said last week. Sealing the deal before the Aug. 1 deadline at a level big companies say they find 'manageable' is market positive, lifting the tariff fog and avoiding a worst-case scenario drag on euro zone gross domestic product of 1.2%, according to Barclays Plc. From German autos to French aerospace, transatlantic trade is looking a little less stuck.

FTSE 100 Live: Stocks Set to Bounce on EU-US Tariff Deal
FTSE 100 Live: Stocks Set to Bounce on EU-US Tariff Deal

Bloomberg

time18 minutes ago

  • Bloomberg

FTSE 100 Live: Stocks Set to Bounce on EU-US Tariff Deal

The US and the EU agreed a deal that will see the bloc face tariffs of 15% on most exports, staving off the prospect of a damaging trade war. The pact was done less than a week before the deadline on Friday for the higher tariffs imposed by the US to take effect. Importantly, it includes cars. US President Donald Trump and European Commission President Ursula von der Leyen announced the deal Sunday at his golf club in Turnberry, Scotland, although they didn't disclose the full details of the pact or release any written materials.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store