
Zelenskiy says Ukraine sending delegation to London talks on settling war
"We are ready to move forward as constructively as possible, just as we have done before, to achieve an unconditional ceasefire, followed by the establishment of a real and lasting peace," Zelenskiy wrote on the X social media platform.
Zelenskiy said a 30-hour Easter truce proclaimed by Russia, which each side accused the other of violating, showed that it was Russia's actions "that are prolonging the war". He also said he had a "good and detailed conversation" with British Prime Minister Keir Starmer.

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Reuters
10 minutes ago
- Reuters
European shares extend gains ahead of US-Russia talks
Aug 11 (Reuters) - European shares rose on Monday, extending the strong momentum from last week on optimism over a potential Ukraine peace deal, while investors turned their attention to upcoming U.S. inflation data and tariff negotiations later in the week. The pan-European STOXX 600 index (.STOXX), opens new tab was up 0.3% by 0708 GMT, hovering near its strongest level since July 31. Ukrainian President Volodymyr Zelenskiy won diplomatic backing from Europe and the NATO alliance ahead of a Russia-U.S. summit this week, where Kyiv fears Russian President Vladimir Putin and U.S. President Donald Trump may try to dictate terms for ending the 3-1/2-year war. Trump, who is set to meet Putin in Alaska on Friday, said a potential deal would involve "some swapping of territories to the betterment of both (sides)." Hopes of a peace deal weighed on German defence companies. Shares of Rheinmetall ( opens new tab dropped 3.7%, while those in Renk ( opens new tab and Hensoldt ( opens new tab were down 3% and 2.1%, respectively. Orsted ( opens new tab plunged 22% after the Danish wind farm developer said it plans a 60-billion-crown ($9.4 billion) rights issue, citing adverse development in the U.S. offshore wind market. Northern Data ( opens new tab dropped nearly 3% after U.S. video platform and cloud services provider Rumble (RUM.O), opens new tab said it was considering an offer of about $1.17 billion for the German AI cloud group.

The National
18 minutes ago
- The National
George Galloway to stand for Holyrood 2026 election
The ex-Labour MP, who now leads the Workers Party, told The Herald his party will contest Glasgow's Southside following Nicola Sturgeon's announcement that she is stepping down in May. Yvonne Ridley, a former member of Alex Salmond's Alba Party and journalist, will also contest the Glasgow Pollok seat following former first minister Humza Yousaf's plans to step down next year. Galloway told The Herald that he will top the Workers Party list for next year's Holyrood election and that his party are going to 'put everything' into winning Glasgow's Southside. READ MORE: Four Al Jazeera journalists killed in Israeli air strike outside hospital in Gaza 'We're going all out for it and we've got a lot of support,' he said. Asked if he was confident of winning, Galloway said: 'I wouldn't say confident.' Adding: 'We're hopeful that we can win in it. We're going to put everything into trying to do so.' Galloway said momentum for the Workers Party was growing in Glasgow and that he has had people ask if they can stand in seats in Inverness and Edinburgh. 'But these seats in Glasgow are our current and number one target,' he said. Adding: 'We're strong there.' (Image: PA) According to The Herald, his Holyrood campaign will strongly focus on the crisis in Gaza, and the end to Israel's genocidal campaign. The veteran politician has also said he would back a second referendum on Scottish independence. In June, Galloway came out in support of a Scottish independence referendum despite having been opposed to Scotland having the right to self-determination for his entire political life. In 2021, he pledged to 'tackle the scourge of separatism' when All for Unity launched their Scottish Parliament election manifesto. But in June, Galloway made the surprise announcement that he had changed his view as he said in a social media post: 'We support the right of the Scots to self-determination. Eleven years after they last did so, we believe the time for another referendum is close. 'Given the collapsing authority of the British state the pitiful prime minister Starmer the moral decline of British society the result cannot easily be predicted. Britain has become a cesspit.' Galloway founded the Workers Party of Britain in 2019 and has served as an MP across five different constituencies, including Glasgow Hillhead between 1987 and 1997 and Glasgow Kelvin from 1997 to 2005.


Reuters
an hour ago
- Reuters
Oil dips as markets focus on US-Russia peace talks
NEW DELHI, Aug 11 (Reuters) - Oil prices fell in Asian trade on Monday, extending declines of more than 4% last week as investors awaited the outcome of talks between the U.S. and Russia later this week on the war in Ukraine. Brent crude futures fell 62 cents, or 0.93%, to $65.97 a barrel by 0631 GMT, while U.S. West Texas Intermediate crude futures were down 69 cents, or 1.08%, to $63.19. Expectations have risen for a potential end to sanctions that have limited the supply of Russian oil to international markets, after U.S. President Donald Trump said on Friday that he would meet Russian President Vladimir Putin on August 15 in Alaska to negotiate an end to the war in Ukraine. The talks follow increased U.S. pressure on Russia, raising the prospect that penalties on Moscow could also be tightened if a peace deal is not reached. "If peace talks falter and the conflict drags on, the market could quickly pivot to a bullish stance, potentially triggering a sharp rally in oil prices," said Sugandha Sachdeva, founder of SS WealthStreet, a New Delhi-based research firm. Trump set a deadline of last Friday for Russia, which invaded Ukraine in February 2022, to agree to peace or have its oil buyers face secondary sanctions. At the same time, Washington is pressing India to reduce purchases of Russian oil. Consultancy Energy Aspects estimated Indian refiners have already purchased WTI totalling 5 million barrels for August loadings, with an incremental 5 million barrels possible depending on tender outcomes, and 5 million barrels for September loadings. WTI arbitrage to Asia remains open, and India looks set to continue absorbing U.S. crude for now, Energy Aspects said in a weekly note. Trump's higher tariffs on imports from dozens of countries, which took effect on Thursday, are expected to weigh on economic activity as they force changes to supply chains and fuel higher inflation. Dragged down by the gloomy economic outlook, Brent fell 4.4% over the week ended Friday, while WTI dropped 5.1%. "The near-term direction will hinge on several key events, including the August 15 meeting between the U.S. and Russian presidents, upcoming speeches from Federal Reserve officials, and the release of the U.S. CPI data," said Sachdeva. Separately, data from the National Bureau of Statistics on Saturday showed China's producer prices fell more than expected in July, while consumer prices remained flat, highlighting the extent to which weak domestic demand and ongoing trade uncertainty are weighing on consumer and business sentiment.