Wall Street ends mostly flat after records, logs third winning week
U.S. markets closed mostly flat Friday, capping a third winning week out of four....
The Trump administration is pushing for a quick minerals deal with Ukraine after Zelenskyy rejected a U.S. proposal granting Washington 50% of Ukraine’s critical resources. Trump wants an agreement before approving more aid or pursuing peace talks with Russia.
The U.S. is seeking a new agreement with Ukraine that would allow Washington access to critical minerals, which are essential for electric vehicles, defense, and technology production.
🔹 Zelenskyy rejected the initial proposal, saying it was too focused on U.S. interests and lacked security guarantees for Ukraine.
🔹 Trump wants a deal finalized before considering further military aid or pursuing peace talks between Ukraine and Russia.
🔹 Trump's envoy, Keith Kellogg, is in Kyiv this week to discuss revised terms. Zelenskyy said he would meet him on Thursday and emphasized the need for constructive cooperation with the U.S.
A Trump adviser, speaking anonymously, criticized Zelenskyy’s position, saying, “We need to get this guy back to reality.”
The widening rift between Trump and Zelenskyy has put the deal under added scrutiny.
🔹 Trump called Zelenskyy a "dictator without elections" following the Ukrainian leader’s claim that Trump was influenced by Russian disinformation.
🔹 Trump insists that U.S. investments in Ukraine should yield financial returns, saying that allowing U.S. access to $500 billion worth of Ukrainian mineral resources would help "get this money back" for American taxpayers.
🔹 Sources say the White House wants to publicly demonstrate that U.S. aid is being repaid, making this deal a priority for the administration.
Despite rejecting the initial proposal, Kyiv is willing to negotiate.
🔹 A new deal must not appear as "rapacious" as the original, according to a source familiar with the discussions.
🔹 Some Ukrainian officials acknowledge that the U.S. has made major financial contributions to Ukraine’s war effort and believe Washington deserves preferential access to mineral resources.
🔹 Experts say Ukraine may extend similar offers to other key allies, including Canada, Britain, Japan, and the European Union.
The U.S. is not the only country interested in Ukraine’s natural wealth.
🔹 Russia has already seized 20% of Ukraine’s territory, including rare earth deposits.
🔹 Moscow’s forces are now within 4 miles of a major lithium reserve, a resource essential for global battery production.
🔹 Zelenskyy has raised concerns about whether mineral deposits in occupied regions could fall under Russian control, benefiting Vladimir Putin, Iran, North Korea, and China.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
Germany's export slump since 2021 is largely driven by deep-rooted competitiveness issues, the Bundesbank warned in its latest report, calling for urgent structural reforms.
Israeli researchers have unveiled an artificial intelligence tool that can determine a person’s true biological age from tiny DNA samples with remarkable precision.
Two Harry Potter actresses, Emma Watson and Zoe Wanamaker, have each received a six-month driving ban after separate speeding offences, both sentenced on the same day at a Buckinghamshire court.
Nepal has banned access to the Telegram messaging app, citing its role in a growing number of online fraud and money laundering cases across the country.
North Korea has stopped foreign tourists from visiting its new Wonsan-Kalma resort just weeks after it welcomed the first Russian visitors.
U.S. President Donald Trump says Coca-Cola has agreed to use real cane sugar in the U.S., though the company has not confirmed the claim.
The U.S. ambassador to Türkiye says Israel and Syria have reached a ceasefire deal supported by Türkiye, Jordan, and regional actors after cross-border strikes this week heightened tensions.
The Trump administration has completed a controversial prisoner swap with Venezuela, returning around 250 deported Venezuelans in exchange for 10 American detainees.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment