Latest news with #KurtVolker


Bloomberg
24-06-2025
- Business
- Bloomberg
Stocks Rally as Mideast Tensions Ease
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Andrew Slimmon Morgan Stanley, Jeremy Siegel Wharton, Sharon Zackfia William Blair, Kurt Volker Former Ambassador to NATO, Yung-Yu Ma PNC Asset Management Group, Ruchir Sharma Breakout Capital. (Source: Bloomberg)
Yahoo
13-06-2025
- Business
- Yahoo
Former US envoy for Ukraine Volker: Minerals deal won't bring Ukraine money soon but will shift rhetoric in US
Former US Special Envoy for Ukraine Kurt Volker has said that the newly signed Ukraine-US agreement on cooperation in the field of minerals and natural resources will not yield immediate financial results but plays an important political role. Source: Volker on 13 June during the GLOBSEC-2025 forum in Czechia Details: Volker recalled that the agreement involves the creation of a Recovery Fund, which is expected to receive revenues from future natural resource extraction licences in Ukraine. However, he noted that "the reality is: nothing will go into this fund... for years and years". Instead, he explained that the main purpose of the deal is to shift the narrative in the US – moving away from portraying Ukraine as a charity case and towards a vision in which it can "repay" the aid and provide compensation in the future. Volker stated that "the Biden administration has been spending taxpayers' money limitlessly and having no strategy". Meanwhile, now, he added, there is a strategy, and "a way Ukraine can pay them [the US – ed.] back". He stressed that any financial return from this initiative would only be possible after the war ends and following years of investment in the extraction sector. Commenting on the investment outlook, Volker stated that large parts of Ukraine remain safe for business and that many of the barriers to investors stem not from the war but from the country's business climate. Volker said that it is necessary to clearly identify what is hindering economic development and remove these obstacles. Background: On 8 May, Ukraine's parliament ratified the so-called minerals agreement with the US and approved the creation of a joint Ukrainian-American reconstruction investment fund. President Volodymyr Zelenskyy signed the law on 12 May. On 13 May, Ukraine signed two commercial agreements with the US International Development Finance Corporation as part of the implementation of the ratified investment fund deal. On 4 June, Ukraine's parliament approved amendments to the Budget Code to enable the implementation of the US-Ukraine mineral resources agreement. Support Ukrainska Pravda on Patreon!


Fox News
31-05-2025
- Business
- Fox News
From Washington: President Trump's Growing Impatience With Putin
This week, Russia launched its most significant aerial attack on Ukraine yet, killing 12 and injuring dozens more. A large bipartisan coalition of U.S. senators has proposed sanction legislation against Russia, with President Trump weighing putting more pressure on Russian President Vladimir Putin. Former U.S. Ambassador to NATO Kurt Volker provides his insights on President Trump's approach to dealing with Putin. Later, he discusses the effectiveness of sanctions and the potential for negotiations between Russia and Ukraine. Later, George Washington University Law Professor and FOX News Contributor Jonathan Turley provides his analysis of the Trump administration's legal battle with Harvard University and the President's pause on student visas. Learn more about your ad choices. Visit


Reuters
08-05-2025
- Politics
- Reuters
Trump taking harder approach towards Russia, says US former adviser
KYIV, May 8 (Reuters) - President Donald Trump is adopting a tougher approach towards Russia to secure the ceasefire he promised when he took office after becoming "really aligned" with Ukraine, the U.S. leader's former special representative said on Thursday. Kurt Volker, Trump's Ukraine adviser in his first term and former U.S. Ambassador to the NATO military alliance, told Reuters the U.S. leader had started his second term with a challenge to Russian President Vladimir Putin to secure peace either "the easy way or the hard way". Now, after 100 days of his presidency have passed and with Putin showing little willingness to end the war against Ukraine, Trump is increasingly taking the "hard way", Volker said on the sidelines of a security conference in Kyiv. "I think it is in Ukraine's interest to have an end to the fighting, and so now that the U.S. and Ukraine are really aligned, it exposes how Putin is simply not willing to end the war," said Volker, who resigned as his adviser in 2019 after being named in a whistleblower complaint about the Trump administration. "Exactly," he responded when asked whether Trump was now taking the hard route, rather than the easy one, adding Congress should strengthen the U.S. leader's hand by approving secondary sanctions against major entities in Russia. After a disastrous meeting between Trump and Ukrainian President Volodymyr Zelenskiy in February, the two have gone a long way to patching things up. Their two countries signed a minerals deal in Washington last month which hands the United States preferential access to new Ukrainian minerals deals. That for Trump, Volker said, was "politically important" because it allowed him to show his backers that Ukraine was paying its way rather than using U.S. taxpayers' money. While Ukraine hopes the deal, to be voted on in parliament later on Thursday, will unlock the delivery of new U.S. weapons, at this stage, Trump is reluctant to talk about "the military side" while he tries to cajole Putin to end the fighting. But that does not mean military aid will not be forthcoming. "So what it does do, from a security perspective, is it gives the U.S. a stake in Ukraine's prosperity, economic development, security, its survival," said Volker. "It doesn't spell out what kind of obligations or commitments the U.S. would make toward Ukraine's security. But that doesn't prevent anything either."


Bloomberg
25-04-2025
- Business
- Bloomberg
Trump Pushes Russia-Ukraine Peace Deal
"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Kurt Volker, Former US Ambassador to NATO and Former US Special Representative for Ukraine Negotiations, discusses what the United States is asking for from both Ukraine and Russia in attempts to create a peace deal. Governor Tate Reeves (R) Mississippi voices his support for President Trump's tariffs stating Mississippi will be a "net winner" because the state has invested in manufacturing. Mary Lovely, Senior Fellow at the Peterson Institute for International Economics, shares her thoughts the current relationship between the Trump Administration and China. (Source: Bloomberg)