Latest news with #America-Ukraine
Daily Mirror
02-05-2025
- Business
- Daily Mirror
Ukrainian drone attack kills at least 7 people hours after Kyiv and Washington's mineral agreement
More deaths were reported in Ukraine on land occupied by Russia where seven people were killed in a drone attack, hours after Kyiv signed the minerals deal with the US Seven people were killed in a drone attack by Ukraine, hours after Kyiv and the US signed an agreement giving Washington DC access to the nation's precious minerals. Missiles hit the partially occupied region of Kherson which also wounded more than 20 people, according to local reports. The deaths came as the ink had yet to dry on the minerals agreement finally signed which will give the US access to new investment projects to develop Ukraine's natural resources - including aluminium, graphite, oil and natural gas. The deal is considered a crucial step in gaining Trump's backing in ceasefire talks with Russia, and potentially end the brutal war. Moscow-appointed Governer Vladimir Saldo said: 'At the time of the attack, there were many people in the market.' The governor claimed after the first wave of strikes, Ukraine sent further drones to 'finish off' any survivors. Meanwhile, a Russian drone strike on the Black Sea port city of Odesa early Thursday killed two people and injured 15. Following the attacks, Ukrainian President Volodymyr Zelenskyy said Russia had ignored US proposals for a full and unconditional ceasefire for more than 50 days. He said: 'There were also our proposals, at the very least, to refrain from striking civilian infrastructure and to establish lasting silence in the sky, at sea, and on land. Russia has responded to all this with new shelling and new assaults.' The US Treasury announced the deal with Ukraine on Wednesday evening, agreeing to establish an America-Ukraine reconstruction investment fund. For Ukraine, the deal is seen as a key move to gain access to future US military aid in its war against Russia. The US Treasury said "in recognition of the significant financial and material support" the US has provided to the "defence of Ukraine [...] this economic partnership positions our two countries to work collaboratively and invest together to [...] accelerate Ukraine's economic recovery". US treasury secretary Scott Bessent added: "This agreement signals clearly to Russia that the Trump administration is committed to a peace process centred on a free, sovereign, and prosperous Ukraine over the long term." Despite that, Secretary of State Marco Rubio claimed any peace deal is still 'far apart'. He added on Fox News Channel's 'Hannity: 'They're still far apart. They're closer, but they're still far apart, 'It's going to take a real breakthrough here very soon to make this possible, or I think the president is going to have to make a decision about how much more time we're going to dedicate to this.'
Daily Mirror
01-05-2025
- Business
- Daily Mirror
Donald Trump made bombshell admission to Zelensky during Pope funeral faceoff
While President Donald Trump pushed President Volodymyr Zelensky to sign the US-Ukraine mineral deal - which was formally agreed last night - Zelensky wanted Trump to take a harsher stance on Putin Donald Trump made a bombshell admission during his sit down with Ukraine's President Volodymyr Zelensky at the funeral of Pope Francis last week. At the historic event on Saturday, two months after Zelensky left the White House in a huff following a disastrous meeting about the ongoing Russo-Ukrainian War, the world leaders met face-to-face for the first time in the hallowed St Peter's Basilica. While the discussion itself was photographed and beamed across the world, people had to rely on lip readers and body language experts to discern the content of the conversation - until now. According to US outlet Axios, Zelensky warned Trump that he would not change course on the invasion unless he was forced to do so. A source said Trump has acknowledged that he may have to change tact in regards to how he's been managing Vladimir Putin. Shortly after the meeting, Trump took to his Truth Social platform to slam Putin over a missile strike in Kyiv. It read: "It makes me think that maybe he doesn't want to stop the war, he's just tapping me along, and has to be dealt with differently, through "Banking" or "Secondary Sanctions?" Too many people are dying!!!" Reports say Zelensky also asked Trump to demand an unconditional ceasefire as a foundation for negotiations, which was his original position. A source told Axios that Trump seems to have agreed to it. However, Axios said that Trump had his own demands to make, including pushing him to sign the US- Ukraine mineral deal which would give Washington access to the country's rich mineral reserves. The US Treasury announced it signed the deal with Ukraine on Wednesday evening, agreeing to establish an America-Ukraine reconstruction investment fund. For Ukraine, the deal is seen as key move to gain access to future US military aid in its war against Russia. Some believe the reason the meeting was more productive was because White house envoy Steve Witkoff and vice president JD Vance - who was seen provoking Zelensky in front of the world's news media - were not present. Speaking to ABC News yesterday, Trump admitted that Putin "could be tapping me on a little bit". But he still believes Putin wants to end the war. Trump added he thinks Zelensky could be ready to make a major concession - the Russian annexation of Crimea - to secure a lasting peace with Putin. "Oh, I think so," the U.S. president said after the meeting in the Vatican. In February, Trump hinted at his desire for access to Ukraine's rare earth materials, framing it as compensation for the billions of dollars in US aid provided to Kyiv. But negotiations broke down after a tense Oval Office meeting between Trump and Zelensky - which descended into a shouting match - and efforts to reach a deal had faltered amid strained US-Ukraine relations. On Wednesday, Ukraine's First Deputy Prime Minister Yulia Svyrydenko announced she had signed an agreement to establish the investment fund. Svyrydenko said on X: "Together with the United States, we are creating the fund that will attract global investment into our country. Its implementation allows both countries to expand their economic potential through equal cooperation and investment. "The United States will contribute to the fund. In addition to direct financial contributions, it may also provide new assistance - for example air defense systems for Ukraine." Ukrainian Prime Minister Denys Shmyhal said: "Truly, this is a strategic deal for the creation of an investment partner fund. This is truly an equal and good international deal on joint investment in the development and restoration of Ukraine between the governments of the United States and Ukraine."
Daily Record
01-05-2025
- Business
- Daily Record
US and Ukraine sign mineral deal after Donald Trump turns on Putin
A deal over access to Ukraine's mineral resources has been signed with the US - boosting President Donald Trump's backing in ceasefire talks with Russia. After the US President was spotted chatting with Volodymyr Zelensky in a private conversation at Pope Francis' funeral about a potential peace deal to end Russia's invasion of Ukraine, it appears Trump has turned on Putin. The deal, signed on Wednesday, will give the US privileged access to new investment projects to develop Ukraine's natural resources - including aluminium, graphite, oil and natural gas, reports the Mirror . It's said to be considered a crucial step in gaining Trump's backing in ceasefire talks with Russia - and building goodwill toward Kyiv as his administration pushes to bring the war to an end. The US Treasury announced it signed the deal with Ukraine on Wednesday evening, agreeing to establish an America-Ukraine reconstruction investment fund. For Ukraine, the deal is seen as key move to gain access to future US military aid in its war against Russia. The US Treasury said "in recognition of the significant financial and material support" the US has provided to the "defence of Ukraine [...] this economic partnership positions our two countries to work collaboratively and invest together to [...] accelerate Ukraine's economic recovery". US treasury secretary Scott Bessent said: "This agreement signals clearly to Russia that the Trump administration is committed to a peace process centred on a free, sovereign, and prosperous Ukraine over the long term." In February, Trump hinted framed his desire for access to Ukraine's rare earth materials as compensation for the billions of dollars in US aid provided to Kyiv. However, negotiations broke down after a tense Oval Office meeting between Trump and Zelensky - which descended into a shouting match - and efforts to reach a deal had faltered amid strained US-Ukraine relations . Then, on Wednesday, Ukraine's First Deputy Prime Minister Yulia Svyrydenko announced she had signed an agreement to establish the investment fund. Svyrydenko said on X: "Together with the United States, we are creating the fund that will attract global investment into our country. Its implementation allows both countries to expand their economic potential through equal cooperation and investment. "The United States will contribute to the fund. In addition to direct financial contributions, it may also provide new assistance - for example air defense systems for Ukraine." Ukrainian Prime Minister Denys Shmyhal said: "Truly, this is a strategic deal for the creation of an investment partner fund. This is truly an equal and good international deal on joint investment in the development and restoration of Ukraine between the governments of the United States and Ukraine."
Yahoo
30-04-2025
- Business
- Yahoo
US and Ukraine sign deal to establish investment fund
The US Treasury has announced it has agreed to establish an America-Ukraine reconstruction investment fund. For Ukraine, the deal was seen as possibly key to ensuring its access to future US military aid in its war against Russia. President Trump had previously called for Kyiv to compensate Washington for billions of dollars in assistance to help repel the Kremlin's forces. A senior Ukrainian official said on Wednesday that the US will make "direct financial contributions" to the fund and "may also provide new assistance" such as air defence systems for Ukraine. The US Treasury said "in recognition of the significant financial and material support" the US has provided to the "defence of Ukraine... this economic partnership positions our two countries to work collaboratively and invest together to... accelerate Ukraine's economic recovery". US treasury secretary Scott Bessent said: "This agreement signals clearly to Russia that the Trump administration is committed to a peace process centered on a free, sovereign, and prosperous Ukraine over the long term." He also said "this partnership allows the US to invest alongside Ukraine, to unlock Ukraine's growth assets, mobilise American talent, capital and governance standards that will improve Ukraine's investment climate and accelerate Ukraine's economic recovery". President Trump indicated in February he wanted access to Ukraine's rare earth materials, describing it as reimbursement for the billions of dollars in aid the US has given to Kyiv. But talks stalled after a heated Oval Office meeting between him and President Zelenskyy, and reaching an agreement since then has proven difficult amid strained relations between Washington and Kyiv. The US is seeking access to over 20 raw materials seen as strategically critical to its interests, including some non-minerals such as oil and natural gas. Among them are Ukraine's deposits of titanium, which is used for making aircraft wings and other aerospace manufacturing, and uranium, which is used for nuclear power, medical equipment and weapons. Ukraine also has lithium, graphite and manganese, which are used in electric vehicle batteries. On Wednesday, Ukraine's first deputy prime minister Yulia Svyrydenko said she had signed the agreement to create the investment fund. She wrote on X: "Together with the United States, we are creating the fund that will attract global investment into our country. "Its implementation allows both countries to expand their economic potential through equal cooperation and investment. "The United States will contribute to the fund. In addition to direct financial contributions, it may also provide new assistance - for example air defence systems for Ukraine." Ukrainian Prime Minister Denys Shmyhal said: "Truly, this is a strategic deal for the creation of an investment partner fund. "This is truly an equal and good international deal on joint investment in the development and restoration of Ukraine between the governments of the United States and Ukraine." This breaking news story is being updated and more details will be published shortly. Please refresh the page for the fullest version. You can receive breaking news alerts on a smartphone or tablet via the Sky News app. You can also follow us on WhatsApp and subscribe to our YouTube channel to keep up with the latest news.
Sky News
30-04-2025
- Business
- Sky News
US and Ukraine sign deal to establish investment fund
The US Treasury has announced it has agreed to establish an America-Ukraine reconstruction investment fund. For Ukraine, the deal was seen as possibly key to ensuring its access to future US military aid in its war against Russia. President Trump had previously called for Kyiv to compensate Washington for billions of dollars in assistance to help repel the Kremlin's forces. A senior Ukrainian official said on Wednesday that the US will make "direct financial contributions" to the fund and "may also provide new assistance" such as air defence systems for Ukraine. The US Treasury said "in recognition of the significant financial and material support" the US has provided to the "defence of Ukraine... this economic partnership positions our two countries to work collaboratively and invest together to... accelerate Ukraine's economic recovery". US treasury secretary Scott Bessent said: "This agreement signals clearly to Russia that the Trump administration is committed to a peace process centered on a free, sovereign, and prosperous Ukraine over the long term." He said in a video that "this partnership allows the US to invest alongside Ukraine, to unlock Ukraine's growth assets, mobilise American talent, capital and governance standards that will improve Ukraine's investment climate and accelerate Ukraine's economic recovery". President Trump indicated in February he wanted access to Ukraine's rare earth materials, describing it as reimbursement for the billions of dollars in aid the US has given to Kyiv. But talks stalled after a heated Oval Office meeting between him and President Zelenskyy, and reaching an agreement since then has proven difficult amid strained relations between Washington and Kyiv. The US is seeking access to over 20 raw materials seen as strategically critical to its interests, including some non-minerals such as oil and natural gas. Among them are Ukraine's deposits of titanium, which is used for making aircraft wings and other aerospace manufacturing, and uranium, which is used for nuclear power, medical equipment and weapons. Ukraine also has lithium, graphite and manganese, which are used in electric vehicle batteries. On Wednesday, Ukraine's first deputy prime minister Yulia Svyrydenko said she had signed the agreement to create the investment fund. She wrote on X: "Together with the United States, we are creating the fund that will attract global investment into our country. "Its implementation allows both countries to expand their economic potential through equal cooperation and investment. "The United States will contribute to the fund. In addition to direct financial contributions, it may also provide new assistance - for example air defence systems for Ukraine." Ukrainian Prime Minister Denys Shmyhal said: "Truly, this is a strategic deal for the creation of an investment partner fund. "This is truly an equal and good international deal on joint investment in the development and restoration of Ukraine between the governments of the United States and Ukraine." Please refresh the page for the fullest version.
