Tag: president volodymyr zelenskiy

US President Donald Trump says Ukraine deal closer but no breakthrough in talks

US President Donald Trump said that he made “a lot of progress” in talks with Ukrainian President Volodymyr Zelenskiy over a possible peace deal, Bloomberg reported on Sunday.

However, Trump stated that there’s no apparent breakthrough on the flashpoint issue of territory and it might take a few weeks to get it done.

**Market Reaction**

At the time of writing, West Texas Intermediate (WTI) is trading 0.78% higher on the day, reaching $57.10.
https://bitcoinethereumnews.com/finance/us-president-donald-trump-says-ukraine-deal-closer-but-no-breakthrough-in-talks/

Ukraine offers to drop NATO bid as Trump envoy sees progress in peace talks — Reuters

Ukraine’s President Volodymyr Zelenskiy offered to drop the country’s long-held ambition of joining NATO during five hours of talks with US envoys in Berlin on Sunday, according to Reuters. The discussions, aimed at ending the war with Russia, are set to continue on Monday.

Steve Witkoff, an envoy for former President Donald Trump, noted that “a lot of progress was made” during the talks. This development marks a significant shift for Ukraine, which has fought for NATO membership as a crucial safeguard against Russian aggression. Notably, Ukraine’s aspiration to join NATO is enshrined in its constitution.

The proposal to abandon NATO ambitions aligns with one of Russia’s key demands in the ongoing conflict. However, Ukraine has thus far refused to cede any territory to Moscow.

**Market Reaction**

In response to the latest developments, the gold price (XAU/USD) is up 0.16% on the day, trading at $4,306 at press time.
https://bitcoinethereumnews.com/finance/ukraine-offers-to-drop-nato-bid-as-trump-envoy-sees-progress-in-peace-talks-reuters/

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