Russian markets open lower ahead of Istanbul talks with Ukraine
Russian stocks and the ruble fell as investors reacted cautiously to upcoming negotiations between Russia and Ukraine in Istanbul.
U.S. President Donald Trump said on Sunday that Ukrainian President Volodymyr Zelenskyy is attempting to back out of a critical minerals deal, warning that such a move would bring serious repercussions.
"He's trying to back out of the rare earth deal and if he does that he’s got some problems, big, big problems," Trump told reporters.
The remarks come amid ongoing geopolitical tensions and negotiations involving rare earth metals, a sector where the U.S. is striving to reduce reliance on China. Rare earth minerals are crucial for high-tech industries, including electronics, defense systems, and renewable energy technologies.
Trump’s comments also come as Ukraine continues to seek NATO membership, a goal that has been met with skepticism by Trump. “He wants to be a member of NATO, but he's never going to be a member of NATO. He understands that,” Trump added.
Negotiations over rare earth metals have been a focal point of U.S.-Ukraine discussions, with Russia also making offers to jointly explore rare earth deposits with the U.S. under a separate economic agreement. The outcome of these negotiations could have significant implications for the global supply chain and geopolitical alignments.
On May 28, the inauguration ceremony of Lachin International Airport was held.
A car drove into crowds of Liverpool fans celebrating the club’s Premier League title in the city centre on Monday evening, injuring dozens including 4 children. A 53-year-old man believed to be the driver was arrested at the scene.
Taxi drivers across France are protesting government plans to cut payments for driving patients to medical appointments. These cuts are part of a broader effort by Prime Minister François Bayrou to save €40 billion in the 2026 budget and reduce the country’s large deficit.
EU ministers have greenlit a massive €150 billion defense investment fund—dubbed the Security Action for Europe (SAFE)—as the bloc ramps up its military readiness in response to Russia’s aggression and growing uncertainty over U.S. security guarantees.
Brazil’s economy is expected to have regained momentum in the first quarter of 2025, driven by a surge in household spending and private investment, according to a Reuters poll of economists conducted from May 21–26.
As the US-China trade standoff intensifies, Beijing has released a striking video vowing to resist pressure and uphold its global trade role, accusing Washington of economic coercion.
Britain will expand its nuclear-powered attack submarine fleet and overhaul its defence posture under a major strategic review aimed at preparing the country for modern warfare and countering the growing threat from Russia.
Russia’s Defence Ministry reported that 162 Ukrainian drones were shot down overnight during what it described as a large-scale drone attack on its territory.
Iran says U.S. must clarify sanctions stance as nuclear talks continue. Tehran demands clear path to lifting "oppressive" sanctions, while Oman mediates amid lingering disputes over uranium enrichment.
Romanian authorities have evacuated dozens of residents near the Praid Salt Mine amid fears of a collapse triggered by heavy flooding, as emergency teams scramble to contain the damage and safeguard one of the country’s top tourist sites.
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