Putin joins short list of world leaders who have hitched a ride in ‘The Beast' with an American President
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Yahoo
24 minutes ago
- Yahoo
Ukraine welcomes Australian support, calls for more aid
Prime Minister Anthony Albanese has joined Volodymyr Zelenskiy and world leaders on a virtual hook-up to express support for the Ukrainian president ahead of a key meeting. Ukraine's ambassador to Australia Vasyl Myroshnychenko called for further international pressure on Russia ahead of Mr Zelenskiy's meeting with US President Donald Trump in the Oval Office on Monday (local time). The coalition of the willing, which includes more than 30 nations united in their support for Ukraine, held a phone call overnight (AEST) convened by US Prime Minister Keir Starmer and French President Emmanuel Macron. Overnight, I joined a meeting of the Coalition of the Willing convened by @Keir_Starmer and @EmmanuelMacron, alongside President @ZelenskyyUa and other democratic remains committed to supporting Ukraine and it was an opportunity to discuss next steps in… — Anthony Albanese (@AlboMP) August 18, 2025 Mr Myroshnychenko welcomed Australia's support, saying international pressure needed to remain on Russia, including by choking its economy with sanctions to impede its ability to wage war. "It's important you're part of it and Australia is committed," he told AAP. "The main purpose of the coalition of the willing was to help Ukraine win the war on just terms and the way to do it is to put pressure on Russia, put new sanctions on Russia. "What's important is the consistency of that. What's important is Australia keeps on going it." Australia has committed $1.5 billion in support for Ukraine, with the last military aid package of 49 Abrams tanks announced in October 2024. The ambassador called for more support to aid Ukraine's defences, including further armoured personnel vehicles. "We would be very grateful for more assistance," he said. "At the end of the day, Russia didn't commit to anything, they didn't say they were going to stop. "Any security guarantees for Ukraine includes a strong military." Assistant Foreign Affairs Minister Matt Thistlethwaite said Australia remained committed to Ukraine, and while it couldn't move the dial on the war alone, it was effective when it joined like-minded countries. "Obviously, we want to see peace but it can't come at the expense of the Ukrainian people and their territorial integrity," he told Sky News on Monday. Mr Thistlethwaite said he wouldn't pre-empt "what the prime minister may or may not announce over the coming days" when asked about the possibility of further sanctions against Russia. European leaders, including European Commission President Ursula von der Leyen and NATO Secretary General Mark Rutte, will join Mr Zelenskiy in Washington. The UK, French, German, Italian and Finnish leaders will also attend amid concerns the Trump administration could walk back support of the embattled nation as Russia pushes to keep land it has annexed from Ukraine. It follows Mr Trump's meeting with Russian President Vladimir Putin in Alaska over the weekend, when the pair discussed a peace plan following Russia's invasion of Ukraine in 2022. No agreements were announced, but US envoy Steve Witkoff said Russia had agreed to some concessions and "game-changing" security guarantees. Ukraine has rejected ceding any territory to Russia under a ceasefire or peace deal. Mr Zelenskiy has called for a security guarantee, similar to the NATO pact which has a mutual defence article stating that an attack on one member is an attack on all members. Ukraine isn't a NATO member but wants to join the alliance, something Russia opposes. Mr Witkoff said Mr Putin had agreed to allow the US and European nations to offer Ukraine a security guarantee during his meeting with Mr Trump, but Russia still believes NATO membership is "a red flag". "We were able to win the following concession, that the United States could offer article five-like protection, which is one of the real reasons why Ukraine wants to be in NATO," he told CNN. This concession "was the first time we had ever heard the Russians agree to that", he said.
Yahoo
24 minutes ago
- Yahoo
Gold rebounds from two-week low; Trump-Zelenskiy meeting in focus
By Anmol Choubey (Reuters) -Gold rose after hitting a two-week low, supported by lower U.S. Treasury yields as investors awaited U.S. President Donald Trump's meeting with Ukrainian President Volodymyr Zelenskiy and European leaders to discuss a peace deal with Russia. Spot gold was up 0.3% at $3,345.64 per ounce, as of 0156 GMT on Monday, after hitting its lowest level since August 1. U.S. gold futures for December delivery rose 0.3% to $3,391.80. "Gold was on the back foot to start the day, but ... was able to reverse course with buyers stepping up to around the $3,330 level as a value play. U.S. treasury yields gave up some of Friday's gains which also helped to make life easier for the gold price," said Tim Waterer, chief market analyst at KCM Trade. European leaders are set to join Zelenskiy for discussions with Trump. Russia would relinquish tiny pockets of occupied Ukraine and Kyiv would cede swathes of its eastern land which Moscow has been unable to capture, under peace proposals discussed by Russia's Vladimir Putin and Trump at their Alaska summit, sources briefed on Moscow's thinking said. "We are seeing limited moves in either direction ahead of what could be some lively meetings in the White House this week with Zelenskiy back in town," Waterer said. Meanwhile, benchmark 10-year U.S. Treasury yields eased from more than two-week high level. [US/] Investors are also looking ahead to the Federal Reserve's annual symposium in Jackson Hole, Wyoming. Economists polled by Reuters largely expect the Fed to announce a rate cut in September, its first this year, with a possible second cut by the year-end amid mounting U.S. economy woes. Non-yielding bullion, considered a safe-haven assets during periods of uncertainity, tends to perform well in low-interest-rate environment. Elsewhere, spot silver rose 0.3% to $38.08 per ounce, platinum gained 0.8% to $1,346.61 and palladium was up 1.3% to $1,126.85. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
26 minutes ago
- Bloomberg
Australians More Anxious on Trump Tariffs Than China, Poll Shows
Australians are more worried about the Trump administration's protectionist trade policies than China's military buildup in the Asia-Pacific region, a new opinion poll showed. Some 42% of respondents named US tariffs as their top concern compared with 37% who cited the strategic threat from China, according to a Newspoll published Monday in The Australian. A further 21% said neither bothered them, the survey conducted Aug. 11-14 for the newspaper showed. It had a margin of error of plus or minus three percentage points.
