Powell to attend Supreme Court hearing on Trump bid to fire Fed governor
Federal Reserve Chair Jerome Powell is set to attend Supreme Court oral arguments this week in a case examining whether President Donald Trump has the...
President Volodymyr Zelenskyy outlined for the first time the main points of a draft 20-point framework peace proposal discussed by Ukraine and the United States, which he said could become the basis of future agreements to end war with Russia.
After weeks of talks to modify an earlier 28-point draft seen as supporting many of Russia's main demands, Zelenskyy said that most positions had been brought significantly closer.
Ukraine and the United States still had not reached consensus on two main points: control of territory and the Zaporizhzhia nuclear power plant, Zelenskyy said, calling for talks with U.S. President Donald Trump to resolve them.
The plan offers Russia a potential withdrawal of Ukrainian troops from the east, with a demilitarised zone to be established in their place. It follows meetings between U.S. and Ukrainian envoys in Florida over the weekend.
It also proposes maintaining Ukraine’s armed forces at 800,000 personnel in peacetime, alongside security guarantees from the United States, NATO and European partners for a co-ordinated military response should Russia invade Ukraine again.
Other elements include Ukraine’s accession to the European Union within a clear time frame, the creation of multiple economic recovery funds totalling 800 billion U.S. dollars, and the country’s continued non-nuclear status.
The draft peace plan would be submitted to parliament for approval or put to a nationwide referendum.
On Wednesday, Kremlin spokesman Dmitry Peskov said Russian President Vladimir Putin had been briefed on contacts with envoys of U.S. President Donald Trump regarding American proposals for a possible Ukrainian peace deal.
Russia has not commented on the new draft plan but said it will continue negotiations through existing channels, adding that the main parameters of Moscow’s stance are already well known to peace negotiators.
Italian fashion designer Valentino Garavani has died at the age of 93, his foundation said on Monday.
More than 100 vehicles were involved in a massive pileup on Interstate 96 in western Michigan on Monday (19 January), forcing the highway to shut in both directions amid severe winter weather.
The European Parliament has frozen the ratification of a trade agreement with the United States after fresh tariff threats from Donald Trump, escalating tensions between Washington and Brussels.
Five skiers were killed in a pair of avalanches in Austria’s western Alpine regions on Saturday, with two others injured, one critically.
A fresh consignment of precision-guided munitions has departed from the Indian city of Nagpur bound for Yerevan, marking the latest phase in the rapidly expanding defence partnership between India and Armenia.
Federal Reserve Chair Jerome Powell is set to attend Supreme Court oral arguments this week in a case examining whether President Donald Trump has the authority to remove a sitting Federal Reserve governor.
At the World Economic Forum’s “Defining Eurasia’s Economic Identity” panel on 20 January 2026, leaders from Azerbaijan, Armenia and Serbia discussed how the South Caucasus and wider Eurasian region can strengthen economic ties, peace and geopolitical stability amid shifting global influence.
One year into his return to the White House, President Donald Trump has used tariffs, military operations and immigration crackdowns to drive an expansive vision of U.S. power that is generating strong resistance abroad and sharpening political divides at home.
There was a common theme in speeches at the World Economic Forum on Tuesday (20 January). China’s Vice-Premier, He Lifeng, warned that "tariffs and trade wars have no winners," while France's Emmanuel Macron, labelled "endless accumulation of new tariffs" from the U.S. "fundamentally unacceptable."
Moldova's government in Chisinau has initiated the final legal steps to sever its institutional ties with Moscow’s post-Soviet alliance, marking a decisive moment in the small Eastern European nation’s pivot towards the West.
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