U.S. and Japan strike $550 billion trade deal, slashing auto tariffs ahead of August deadline
The United States and Japan reached a major trade deal to cut auto tariffs to 15% and unlock $550 billion in Japanese investment, averting new levies ...
Ukraine and Russia have initiated their first direct peace talks in over three years in Istanbul. The absence of Presidents Zelenskyy and Putin casts uncertainty over the potential for significant progress.
Peace talks between Ukraine and Russia are set to commence in Istanbul on Friday, marking the first direct negotiations between the two nations in over three years. However, the absence of Presidents Volodymyr Zelenskyy and Vladimir Putin, who have opted not to attend, casts doubt on the potential for significant progress.
Ukraine's delegation will be led by Defense Minister Rustem Umerov, while Russia is sending a team headed by presidential aide Vladimir Medinsky. President Zelenskyy criticized Russia's decision to send a lower-level delegation, labeling it as a lack of seriousness towards achieving peace.
International observers, including U.S. Secretary of State Marco Rubio, have expressed skepticism about the talks yielding substantial outcomes without the direct involvement of both presidents. Rubio emphasized that a breakthrough is unlikely without face-to-face discussions between President Trump and President Putin.
Despite the low expectations, the talks represent a renewed effort to address the ongoing Russia-Ukraine war, which has resulted in significant military and civilian casualties. The international community continues to monitor the situation closely, hoping for any signs of de-escalation and progress towards peace.
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