Russian Spy Case Reveals Covert Efforts at NATO's Border
As Russia's war in Ukraine continues just east of NATO's border, tensions in the Baltic countries remain high. This week a man was sentenced to more than six years in prison for spying for Russia. Pavel Kapustin, a Russian citizen living in Estonia, was found guilty of providing intelligence to Moscow's FSB security agency between 2022 and 2024.
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Yahoo
29 minutes ago
- Yahoo
What we know about Trump and Putin's Ukraine ceasefire face-to-face meeting
The US and Russian presidents are set to discuss the ongoing war in Ukraine in a face-to-face meeting Donald Trump is set to meet with Vladimir Putin 'in the coming days' to discuss the ongoing war in Ukraine, officials in Russia have said. News of a possible face-to-face meeting between the US and Russian presidents was first touted by Trump and the White House on Wednesday. The New York Times reported that Trump told European leaders during a call on Wednesday that he intended to meet with Putin and then follow up with a further meeting that would include Ukraine president Volodymyr Zelensky. Trump told reporters: 'There's a good chance that there will be a meeting very soon.' White House press secretary Karoline Leavitt also said: 'The Russians expressed their desire to meet with president Trump, and the president is open to meeting with both president Putin and president Zelensky.' On Thursday, the Kremlin confirmed the meeting is planned for the next few days, marking the first summit between leaders of the two countries since 2021. But he did not comment on the possibility of another meeting including Zelensky. According to the Interfax news agency, Moscow's foreign affairs adviser Yuri Ushakov said: 'At the suggestion of the American side, an agreement was essentially reached to hold a bilateral meeting at the highest level in the coming days, that is, a meeting between president Vladimir Putin and Donald Trump. 'We are now beginning concrete preparations together with our American colleagues.' No details have been given as to where the summit would take place but a possible venue could be the United Arab Emirates, where Putin is due to fly to on Thursday for a meeting with its president. News of the meeting comes days before the deadline set by Trump for Russia to agree to peace in Ukraine or face new sanctions runs out. Trump has been increasingly frustrated with Putin over the lack of progress towards peace and has threatened to impose heavy tariffs on countries that buy Russian exports, including oil.
Business Wire
30 minutes ago
- Business Wire
Transatlantic Financial Leaders Back Creation of New Defence Bank
LONDON--(BUSINESS WIRE)--Last month [July], a high-level taskforce co-chaired by UK Chancellor Rachel Reeves and UK Defence Secretary John Healey endorsed the creation of the Defence, Security and Resilience Bank (DSRB); a new international financial institution owned by nations that will help NATO and allies across the world deliver on the landmark five percent (5%) of GDP defence investment pledge adopted at the NATO Summit in June 2025. Equally, MEPs in the European Parliament have also voted for a resolution urging member states to create the DSRB to fund critical defence procurement whilst boosting modernisation and supply chain resilience across NATO, the EU, and Indo-Pacific allied nations. A detailed plan and draft charter for the DSRB have been developed by the DSRB Development Group — an international team of former multilateral bankers, lawyers, defence investment specialists, and senior defence policy leaders. The DSRB is being supported by five major transatlantic financial institutions including Commerzbank AG, ING Group N.V., JPMorganChase, Landesbank Baden-Württemberg (LBBW) and RBC Capital Markets to create a new multilateral bank designed to bring capital market expertise to global security and resilience. The formal involvement of these transatlantic financial leaders marks a historic milestone in the development of the DSRB. 'For too long, we have underestimated the role of capital in defence,' said Rob Murray, [former head of innovation at NATO] and Chief Executive Officer of the DSRB Development Group, a non-profit corporation, helping to lead the development of the bank. 'The banks stepping up today understand that deterrence demands financial support—and this new institution is being built to deliver it.' These financial institutions bring decades of experience advising sovereigns, mobilising investor capital, and designing resilient financial architecture. Their participation ensures the Defence, Security and Resilience Bank will launch with both the technical credibility and market trust needed to operate at scale. The participating banks will provide expert input on sovereign lending instruments, capital structuring, investor engagement, ratings advisory, risk and asset-liability management, and debt capital market access—ensuring that the Defence, Security and Resilience Bank can crowd in and secure private capital with confidence and speed. 'This is not just about financing defence—it is about redefining deterrence for the modern era,' said Kevin Reed, President of the DSRB Development Group. 'In the twentieth century, deterrence meant industrial mobilisation. In the twenty-first, it means financial partnership.' Further announcements are expected in the coming weeks, including a second wave of prominent banking partners, global investment firms, and sovereign stakeholders. Early September will mark the beginning of formal engagement on the bank's institutional structure and charter design, with participating partners convening for initial discussions. About the Defence, Security and Resilience Bank The Defence, Security and Resilience Bank is being developed as a new multilateral financial institution to meet the sovereign financing needs of NATO and allied nations across the Indo-Pacific region. Its mission is to harness capital markets in support of deterrence, readiness, and collective security—ensuring that the free world has the financial tools to defend itself in an era of systemic threat. The DSRB Development Group is a nonprofit corporation helping to lead the development of the Defence, Security and Resilience Bank. The DSRB Development Group acts as an international coordination body in partnership with governments, financial institutions, and industry to design and mobilize a dedicated financial infrastructure that will deliver resilient, bankable solutions for 21st-century challenges in support of allied defence, resilience, and security supply chain ecosystems.
New York Times
32 minutes ago
- New York Times
Villarreal complete signing of former Arsenal midfielder Thomas Partey
Villarreal have completed the signing of former Arsenal midfielder Thomas Partey. Partey, 32, has signed a two year deal at the La Liga club, comprising of an initial one-year contract with the option of a further 12 months. Official confirmation of the move is expected imminently. He will arrive at Villarreal on a free transfer after departing Arsenal following the end of his contract in June. The Athletic reported on August 3 the transfer was set to take place after the midfielder completed his medical, with the club's Champions League qualification deemed an important factor in the midfielder joining the club. Advertisement Partey was charged with five counts of rape and one count of sexual assault on July 4. He denies the charges. He had been the subject of an investigation that first started in February 2022 and had continued playing for Arsenal prior to the expiration of his contract. Partey appeared at Westminster Magistrates' Court on Tuesday and was granted conditional bail. As per the conditions of his bail, he must inform police of any international travel 24 hours in advance The Athletic reported in April that the Ghana international was in talks with Arsenal to extend his contract but an agreement could not be reached on the terms of the deal. Partey joined the club in a €50million (now £45.4m, $58.7m) deal from Atletico Madrid in 2020. He made 167 appearances during his five-year stay at Arsenal and played 52 times for Mikel Arteta's side last season. He most frequently appeared in central midfield for Arsenal, but also filled in at right-back. Prior to his north London move, Partey made 188 appearances for Atletico. Spot the pattern. Connect the terms Find the hidden link between sports terms Play today's puzzle
