Bessent blames Lutnick’s Commerce Department for not blacklisting Megaspeed
Traders forced to do business by phone and Whatsapp as Microsoft outage continues
Ukraine fired almost 1200 drones at Russian targets overnight in one of its biggest aerial attacks since Moscow’s full-scale invasion nearly five years ago.
Meanwhile, US and Russian negotiators raised the stakes in talks to stop the fighting by including for discussion wider European security arrangements that have been in place since the end of the Cold War. That change, long sought by Moscow, has alarmed European leaders and placed a question mark on NATO’s future role.
“Russia wants to talk about questions of European security architecture. We don’t need to talk about that. There is one,” German Chancellor Friedrich Merz said, referring to the NATO military alliance.
After two days of talks with Russian and Ukrainian delegations in Abu Dhabi this week, US envoys went in person to brief Russian President Vladimir Putin in the Kremlin and Ukrainian President Volodymyr Zelensky, who was meeting with European leaders in Dublin, Ireland.
More talks are planned as negotiators seek a breakthrough in peace efforts, according to US envoys Steve Witkoff and Jared Kushner, who is also President Donald Trump’s son-in-law.