Ukraine Financial News

Subscribe to enjoy similar stories. UNTIL RECENTLY Elon Musk had little need to look over his shoulder. He once described competition for Tesla, his electric-vehicle (EV) company, as “the enormous flood of gasoline cars pouring out of the world’s factories every day", rather than the “small trickle" of other EV-makers.

Subscribe to enjoy similar stories. Dear reader, Last week, I wrote that the average retail trader appeared exhausted. I also advocated that the end of March was likely to be dominated by institutional players.

Subscribe to enjoy similar stories. As the world rushes for gold, silver is also now back in vogue. Known as “the poor man’s gold", silver benefits from a correlation with gold, which just breached the $3,000 per ounce mark.

The meeting will precede talks between the U.S. and Russian delegations which are scheduled for Monday. The meetings follow a series of talks held in Saudi Arabia, first between the U.S. and Russia, and then later between the U.S. and Ukraine, when Kyiv accepted a 30-day truce proposal. The Ukrainian delegation at Sunday's meeting will be led by Defence Minister Rustem Umerov. President Volodymyr Zelenskiy earlier said this fact would allow Kyiv to act in a «very quick and very substantive» way. However, Ukrainian officials have said they still see Sunday's meeting in Riyadh as purely technical.

Trump, who says he wants to be remembered as a peacemaker, has repeatedly said that he wants the three-year conflict in Ukraine to end and has warned of the risks of it escalating into a world war between the United States and Russia. There have so far been two announced phone calls between Putin and Trump this year — on Feb. 12 and on March 18 — though there has been speculation about much more frequent contact, and also reports that they spoke before Trump was elected last year. When asked by the most prominent Kremlin correspondent for state television about remarks by Trump that indicated there may have been more than two calls, Kremlin spokesman Dmitry Peskov said information had been released about those calls he knew of. «Listen, we inform you about the conversations that we are aware of. But we can't rule out everything else,» Peskov said.

Trump said on Saturday that efforts to stop further escalation of the Russia-Ukraine war are «somewhat under control.» «Rational discussions» and having good relationships with presidents Vladimir Putin of Russia and Volodymyr Zelenskiy of Ukraine are key to negotiating an end to the war, Trump told Clay Travis, the founder of sports website Outkick, during an interview on Air Force One. Trump had separate discussions with Putin and Zelenskiy last week aimed at ending the war that began when Putin ordered the full-scale invasion of Russia's smaller neighbor in 2022. The talks, which fell short of Trump's aim to secure a full 30-day ceasefire, resulted in Putin agreeing to stop Russian attacks on energy infrastructure for 30 days and Zelenskiy saying he would also accept such a pause.

Subscribe to enjoy similar stories. KYIV, Ukraine—It was a scorching summer day in 2014 when Artem Kravchenko and hundreds of other Ukrainian soldiers put their trust in a Russian promise not to open fire and retreated in a column from the surrounded city of Ilovaisk. By the end of the day, Kravchenko found himself lying in a ditch surrounded by dead comrades after Russian forces shot up the column.

Speaking at a Business Today event here, Jaishankar also said that after decades of hearing the virtues of globalisation, the world today is grappling with the reality of industrial policies, export controls and tariff wars. He said that ensuring a favourable energy environment for coming decades is understandably one of India's key diplomatic objectives. Beyond fossil fuels, it extends to developing and deploying renewables on a large scale as well as exploring the potential of small modular reactors, he said. «The fifth biggest economy of the world must necessarily develop a broad and diverse set of energy relationships,» Jaishankar said.

In its annual review published today (21 March), the OFSI said the UK and its allies have imposed «the most severe sanctions Russia has ever faced», depriving Moscow of over $400bn since 2022, «equivalent to four years of Russia's military spending». The agency added that 2,001 Russian individuals and entities fell under the UK sanctions regime as of March this year. How the Russia-Ukraine war has reshaped the defence and energy sectors in Europe The latest figures came as US President Donald Trump rushes to negotiate a peace settlement between Russia and Ukraine without consulting...

There will be winners and losers as United States President Donald Trump shakes up the world order through tariffs and shifting military strategies, but one area poised to prosper is defence, says Jo Taylor, chief executive of the Ontario Teachers’ Pension Plan Board.

Heathrow Airport, which caused a full-day shutdown of the UK’s busiest travel hub. Over 1,300 flights were disrupted, and thousands of homes lost power after an explosion ignited a transformer at the North Hyde substation. Officials are probing potential links to Russian sabotage campaigns, following accusations of Kremlin-backed efforts to destabilize European infrastructure.

Kim Jong Un. Traditional allies Russia and North Korea have drawn closer since Moscow's 2022 invasion of Ukraine, with Seoul accusing Kim of sending thousands of troops and container loads of weapons to help Moscow fight Kyiv. Neither Moscow nor Pyongyang has officially confirmed the troop deployment, but the two countries signed a sweeping military deal last year, including a mutual defence clause, when Russian President Vladimir Putin made a rare visit to the nuclear-armed North. Moscow's top security official Sergei Shoigu was visiting North Korea on Friday, Russian news agency TASS reported, the latest in a recent series of high-level exchanges between North Korea and Russia. Shoigu passed on «greetings and best wishes» from Putin to Kim in a meeting with the North Korean leader.

Bitcoin and major cryptocurrencies declined on Friday as escalating geopolitical tensions and concerns over US tariffs dampened investor appetite for risk. Global policymakers struck a cautious tone amid central bank meetings this week, highlighting economic and political uncertainty. The US Federal Reserve, Bank of Japan, and Bank of England all kept interest rates unchanged, citing trade tensions and inflation risks.

Trump made the comments at a White House event after signing an order to increase U.S. production of critical minerals. «We're doing very well with regard to Ukraine and Russia. And one of the things we are doing is signing a deal very shortly with respect to rare earths with Ukraine.» Trump referred to his separate discussions this week with Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy aimed at ending Russia's war in Ukraine. Those talks, which fell short of Trump's aim to secure a full 30-day ceasefire, resulted in Putin agreeing to stop Russian attacks on energy infrastructure for 30 days and Zelenskyy saying he would also accept such a pause.

Boris Johnson, a longtime Donald Trump supporter in Britain, has abruptly reversed course, criticizing the US president's handling of negotiations with Vladimir Putin. Boris Johnson has expressed his rage following the breakdown of the US President's negotiations with Vladimir Putin.

JP Morgan Chase CEO Jamie Dimon said Artificial Intelligence was a great technological revolution that will drive everything and change the world, sounding bullish on the sweeping technological changes AI was sparking. AI was reshaping the world just like the invention of the printing press, the steam engine, and the internet did, he said in a chat with Adobe CEO Shantanu Narayen at the tech company’s annual summit in Las Vegas. “Like past innovations, AI too will take time but will transform the world in ways we can’t yet imagine.” The future, according to him, was going to be AI-driven.

Subscribe to enjoy similar stories. The much-anticipated telephone call between US President Donald Trump and Russia’s President Vladimir Putin to discuss a ceasefire in Ukraine, as well as chart out a path for a lasting peace formula, turned out to be sub-optimal and weighed down by variables antagonistic to a meaningful deal. The tentative deal reached after a marathon 150-minute call has placed energy infrastructure out of bounds, but allowed broader hostilities to continue.

Trump and Ukrainian President Volodymyr Zelenskyy said Wednesday that they had a constructive call about moving toward a ceasefire between Kyiv and Moscow, with the White House suggesting the U.S. could take control of Ukrainian power plants to ensure their security. Trump told Zelenskyy that the U.S could be «very helpful in running those plants with its electricity and utility expertise,» according to a White House statement from Secretary of State Marco Rubio and national security adviser Mike Waltz that described the call as «fantastic.» Trump added that «American ownership of those plants could be the best protection for that infrastructure.» Zelenskyy and Trump discussed in general terms the possibility of a ceasefire, according to a senior Ukrainian official who spoke on the condition of anonymity because he wasn't authorized to comment publicly. During the call, there was an emphasis how any ceasefire process would need to be monitored and that the teams still needed to resolve technical issues, said the official, who characterized the call as «a very good conversation, positive, with the jokes.» During the call, Zelenskyy requested additional Patriot defense missile systems. Rubio and Waltz said Trump «agreed to work with him to find what was available, particularly in Europe.»

Vladimir Putin scored a coup by discussing with Donald Trump in highly anticipated phone talks everything from improving bilateral ties to Iran and even hockey matches, but stopping well short of agreeing any peace path to end the war in Ukraine, analysts say. During the call on Tuesday, Putin refused a full ceasefire agreement proposed by Washington but focused instead on reviving Russian-American cooperation that has been frozen since Moscow's full-scale invasion of Ukraine in February 2022. The very fact such talks took place was an achievement for the Kremlin, said Ekaterina Schulmann, a Russian political scientist based in Berlin. «The two superpowers are discussing the fate of the world and the future of humanity,» she told AFP, summing up Moscow's thinking. «It is a great achievement for Russia which reproduces a Soviet-era narrative without being the Soviet Union.»

The conversation lasted approximately an hour, and Trump indicated that further details would be provided soon. “Just completed a very good telephone call with President Zelenskyy of Ukraine,” Trump wrote on his Truth Social platform. “Much of the discussion was based on the call made yesterday with President Putin in order to align both Russia and Ukraine in terms of their requests and needs. We are very much on track.” Trump also confirmed that Secretary of State Marco Rubio and National Security Adviser Michael Waltz would release a statement outlining the points discussed. On Tuesday, Trump spoke with Putin about a possible partial ceasefire. Putin agreed not to target energy infrastructure but refused to back a full 30-day ceasefire.