Zelenskiy wins EU, Nato backing as he seeks place at table with Trump and Putin
Trump, who for weeks had been threatening new sanctions against Russia for failing to halt the conflict, announced instead last Friday that he would hold an Aug 15 summit with Putin in Alaska.
A White House official said on Saturday that Trump was open to Zelenskiy attending, but that preparations currently were for a bilateral meeting with Putin.
The Kremlin leader last week ruled out meeting Zelenskiy, saying the conditions for such an encounter were 'unfortunately still far' from being met.
Trump said a potential deal would involve 'some swapping of territories to the betterment of both (sides)', a statement that compounded Ukrainian alarm that it may face pressure to surrender more land.
Zelenskiy says any decisions taken without Ukraine will be 'stillborn' and unworkable. On Saturday the leaders of Britain, France, Germany, Italy, Poland, Finland and the European Commission said that any diplomatic solution must protect the security interests of Ukraine and Europe.
BT in your inbox
Start and end each day with the latest news stories and analyses delivered straight to your inbox.
Sign Up
Sign Up
'The US has the power to force Russia to negotiate seriously,' EU foreign policy chief Kaja Kallas said on Sunday. 'Any deal between the US and Russia must have Ukraine and the EU included, for it is a matter of Ukraine's and the whole of Europe's security.' EU foreign ministers will meet on Monday to discuss next steps, she said.
Nato Secretary General Mark Rutte told US network ABC News that Friday's summit 'will be about testing Putin, how serious he is on bringing this terrible war to an end'.
He added: 'It will be, of course, about security guarantees, but also about the absolute need to acknowledge that Ukraine decides on its own future, that Ukraine has to be a sovereign nation, deciding on its own geopolitical future.'
Russia, which launched a full-scale invasion of Ukraine in February 2022, now holds nearly a fifth of the country.
Rutte said a future peace deal could not include legal recognition of Russian control over Ukrainian land, although it might include de facto recognition.
He compared it to the situation after World War Two when the US accepted that the Baltic states of Latvia, Lithuania and Estonia were de facto controlled by the Soviet Union but did not legally recognise their annexation.
Zelenskiy said on Sunday: 'The end of the war must be fair, and I am grateful to everyone who stands with Ukraine and our people today.'
A European official said Europe had come up with a counter-proposal to Trump's, but declined to provide details. Russian officials accused Europe of trying to thwart Trump's efforts to end the war.
'The Euro-imbeciles are trying to prevent American efforts to help resolve the Ukrainian conflict,' former Russian president Dmitry Medvedev posted on social media on Sunday.
Russian Foreign Ministry spokeswoman Maria Zakharova said in a vituperative statement that the relationship between Ukraine and the European Union resembled 'necrophilia'.
Roman Alekhin, a Russian war blogger, said Europe had been reduced to the role of a spectator.
'If Putin and Trump reach an agreement directly, Europe will be faced with a fait accompli. Kyiv – even more so,' he said.
Captured territory
No details of the proposed territorial swap that Trump alluded to have been officially announced.
In addition to Crimea, which it seized in 2014, Russia has formally claimed the Ukrainian regions of Luhansk, Donetsk, Kherson and Zaporizhzhia as its own, although it controls only about 70 per cent of the last three. It holds smaller pieces of territory in three other regions, while Ukraine says it holds a sliver of Russia's Kursk region.
Sergei Markov, a pro-Kremlin analyst, said a swap could entail Russia handing over 1,500 sq km to Ukraine and obtaining 7,000 sq km, which he said Russia would capture anyway within about six months.
He provided no evidence to back any of those figures. Russia took only about 500 sq km of territory in July, according to Western military analysts who say its grinding advances have come at the cost of very high casualties.
Ukraine and its European allies have been haunted for months by the fear that Trump, keen to claim credit for making peace and hoping to seal lucrative joint business deals between the US and Russia, could align with Putin to cut a deal that would be deeply disadvantageous to Kyiv.
They had drawn some encouragement lately as Trump, having piled heavy pressure on Zelenskiy and berated him publicly in the Oval Office in February, began criticising Putin as Russia pounded Kyiv and other cities with its heaviest air attacks of the war.
But the impending Putin-Trump summit, agreed during a trip to Moscow by Trump's envoy Steve Witkoff last week, has revived fears that Kyiv and Europe could be sidelined.
'What we will see emerge from Alaska will almost certainly be a catastrophe for Ukraine and Europe,' wrote Phillips P O'Brien, professor of strategic studies at the University of St Andrews in Scotland.
'And Ukraine will face the most terrible dilemma. Do they accept this humiliating and destructive deal? Or do they go it alone, unsure of the backing of European states?'
Ukrainian political analyst Volodymyr Fesenko said on Sunday that Kyiv's partnership with its European allies was critical to countering any attempts to keep it away from the table.
'For us right now, a joint position with the Europeans is our main resource,' he said on Ukrainian radio. REUTERS
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Straits Times
27 minutes ago
- Straits Times
US deficit grows to over $373 billion in July despite tariff revenue surge
WASHINGTON - The US government's budget deficit grew nearly 20 per cent in July to US$291 billion (S$373.4 billion) despite a nearly US$21 billion jump in customs duty collections from US President Donald Trump's tariffs, with outlays growing faster than receipts, the Treasury Department said on Aug 12. The deficit for July was up 19 per cent, or US$47 billion, from July 2024. Receipts for the month grew 2 per cent, or US$8 billion, to US$338 billion, while outlays jumped 10 per cent, or US$56 billion, to US$630 billion, a record high for the month. The month of July 2025 had fewer business days than 2024, so the Treasury Department said that adjusting for the difference would have increased receipts by about US$20 billion, resulting in a deficit of about US$271 billion. Net customs receipts in July grew to about US$27.7 billion from about US$7.1 billion in the year-earlier period due to higher tariff rates imposed by Trump, a Treasury official said. These collections were largely in line with the increase in June customs receipts after steady growth since April. Trump has touted the billions of dollars flowing into US coffers from his tariffs, but the duties are paid by companies importing the goods, with some costs often passed on to consumers in the form of higher prices. Consumer price index data on Aug 12 showed increases in prices for some tariff-sensitive goods like furniture, footwear and auto parts, but they were offset by lower gasoline prices in the overall index. For the first 10 months of the fiscal year, customs duties totaled US$135.7 billion, up US$73 billion, or 116 per cent, from the year-earlier period. US Treasury Secretary Scott Bessent told Fox Business Network's 'Kudlow' program that the growing US tariff revenue will make it difficult for the Supreme Court to rule against Trump's import taxes if a legal challenge to them makes its way to the country's top court. Mr Ken Matheny, director of macroeconomics at Yale University's Budget Lab, said it is unclear how much further monthly tariff revenue will grow, but the applied tariff rate measured by customs duties divided by the value of goods imports is still around 10 per cent, lower than the current average tariff rate of about 18 per cent based on the latest announcements. Significant numbers of firms are likely holding goods in bonded customs warehouses in the hope that negotiations will bring tariff rates down, but at some point those goods will enter the country, triggering duty payments, he said. 'I suspect these numbers are showing us there is a sizable balance of imports where the duties haven't been recognised yet,' Mr Matheny said, adding that this could lead to a 'temporary big surge in duties.' The overall year-to-date budget results showed a US$1.629 trillion deficit, up 7 per cent, or US$112 billion, from the same period a year earlier. Receipts were up 6 per cent, or US$262 billion, to US$4.347 trillion, a record high for the 10-month period, while outlays grew 7 per cent, or US$374 billion, to US$5.975 trillion, also a 10-month record. The year-to-date customs duties were more than eaten up by an increase of 10 per cent or US$141 billion in costs for government healthcare programs, including Medicare for seniors and Medicaid for the poor, to US$1.557 trillion. The Social Security pension program, the largest single expense item, saw an increase of 9 per cent or US$108 billion over the first 10 months of fiscal 2025 to US$1.368 trillion. Interest on the public debt also continued to grow, topping US$1.01 trillion for the 10-month period, an increase of 6 per cent or US$57 billion over the prior year due to slightly higher interest rates and increased debt levels. REUTERS

Straits Times
27 minutes ago
- Straits Times
Trump mocks Goldman CEO, says bank made bad call on tariffs
Sign up now: Get ST's newsletters delivered to your inbox A research note on Aug 10 by Goldman economists that said the impact of the president's tariffs on consumer prices was just starting to be felt. WASHINGTON – US President Donald Trump assailed Goldman Sachs Group Inc chief executive officer David Solomon, saying the bank made a 'bad prediction' about the impact of Mr Trump's sweeping tariff agenda on markets and consumer costs. 'David Solomon and Goldman Sachs refuse to give credit where credit is due,' the president said on his social-media platform on Aug 12. 'They made a bad prediction a long time ago on both the Market repercussion and the Tariffs themselves, and they were wrong, just like they are wrong about so much else.' Mr Trump didn't specify why he was upset with the bank, but his remarks follow a research note on Aug 10 by Goldman economists that said the impact of the president's tariffs on consumer prices was just starting to be felt. Consumers in the US have absorbed an estimated 22 per cent of tariff costs through June, but their share will rise to 67 per cent if the latest tariffs follow the pattern of levies in previous years, according to a note by researchers led by Mr Jan Hatzius, the bank's chief economist. 'I think that David should go out and get himself a new Economist or, maybe, he ought to just focus on being a DJ, and not bother running a major Financial Institution,' Mr Trump added in his post, referencing Mr Solomon's hobby as a disc jockey, which he put on pause after earlier criticism over his handling of the bank's strategy. A spokesperson for New York-based Goldman Sachs declined to comment on the president's remarks. Top stories Swipe. Select. Stay informed. Singapore Sengkang-Punggol LRT line back to full service: SBS Transit World US trade team will meet Chinese officials in two or three months, Bessent says Singapore From survivable to liveable: The making of a green city Asia DPM Gan kicks off India visit in Mumbai as Singapore firms ink investment agreements Multimedia World Photography Day: Celebrating the art of image-making World Ukraine, sidelined in Trump-Putin summit, fights Russian grab for more territory Opinion Singpass use in dating apps raises difficult questions Singapore SG60: Many hands behind Singapore's success story Mr Trump trade adviser Peter Navarro also criticised Goldman in an interview later on Aug 12 on Bloomberg Television. 'The only entity which has less respect in terms of their data than the BLS these days is Goldman Sachs,' Mr Navarro said, comparing the bank unfavourably with the Bureau of Labour Statistics. Mr Trump fired and replaced the head of the federal agency after revisions to jobs data showed a weakening US labour market. The latest broadside follows Mr Trump's criticisms of some of Wall Street's biggest lenders, accusing them of debanking clients for political reasons. The president has publicly lambasted JPMorgan Chase & Co and Bank of America Corp with claims they've refused clients on such grounds, allegations the banks deny. Despite those tensions, the sector stands to benefit more broadly from the president's deregulation agenda and expectations for lower capital requirements. It's also been less than two weeks since the president met with Mr Solomon at the White House to discuss his bank's potential role in plans for an initial public offering of government-held mortgage giants Fannie Mae and Freddie Mac. The president's post came after data released earlier on Aug 12 showed underlying inflation picked up in July, though prices of goods rose at a more muted pace, tempering concerns about tariff-driven price pressures and raising expectations for a Federal Reserve rate cut in September. BLOOMBERG


CNA
27 minutes ago
- CNA
Putin, North Korea's Kim in phone call ahead of Alaska summit
SEOUL: Russian President Vladimir Putin and North Korea's leader Kim Jong Un have vowed to strengthen cooperation, days ahead of Putin's summit in Alaska with Donald Trump, Pyongyang's state media reported on Wednesday (Aug 13). Putin and Kim spoke by phone in a "warm comradely atmosphere" on Tuesday and confirmed "their will to strengthen cooperation in the future", the official Korean Central News Agency (KCNA) said. Putin expressed appreciation for "the self-sacrificing spirit displayed by service personnel of the Korean People's Army in liberating Kursk", KCNA added, a reference to North Korea's participation in Russia's war on Ukraine. Kim in turn pledged that North Korea would "fully support all measures to be taken by the Russian leadership in the future, too". US President Trump is expected to press Russia to end the Ukraine war during their meeting in Alaska on Friday. troops and weapons for Russia's military operations in Ukraine. The two countries signed a mutual defence pact last year, when Putin visited the reclusive state.