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US Treasury’s Bessent says Russia could win sanctions relief in war talks

By David Lawder and Gnaneshwar Rajan (Reuters) – Russia could win some relief from U.S. sanctions based on its willingness to negotiate an end to its war in Ukraine, U.S. Treasury Secretary Scott Bessent told Bloomberg Television in an interview on Thursday. Bessent also said that he would speak with his Chinese counterpart on Friday …

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EU seeks more US gas, renewable energy to replace Russian supplies

By Kate Abnett BRUSSELS (Reuters) – The European Union will seek more gas from countries including the U.S. to replace Russian supplies, and expand renewable energy faster to cut its overall reliance on the fuel, the EU’s energy commissioner has said. The EU has pledged to quit Russian fossil fuels by 2027 in response to …

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China backs Trump’s Ukraine peace bid at G20 as US allies rally behind Zelenskiy

By Joe Cash and Laurie Chen BEIJING (Reuters) – China came out in support of U.S. President Donald Trump’s bid to strike a deal with Russia to end the war in Ukraine, at a G20 meeting in South Africa on Thursday, while U.S. allies rallied around Ukrainian President Volodymyr Zelenskiy. Less than a month into …

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Parched southern Greece reveals EU’s giant challenge to conserve water

By Renee Maltezou NAFPLION, Greece (Reuters) – In the Argolida region of southern Greece, water escapes through cracks in an irrigation canal feeding a plain of orange trees. Underground, old pipes lose more than half the water that is pumped through them, officials say. In summer, when reservoir levels tumble, authorities in the regional capital …

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Ukraine opposition leader Poroshenko seeks softer diplomacy to achieve peace

(Reuters) – Former Ukrainian President Petro Poroshenko called on Thursday for a softer approach to diplomacy with the United States after a spat between Kyiv and Washington and offered to visit foreign capitals to improve the country’s standing. Poroshenko was president from 2014 to 2019 and is now the opposition leader in parliament. He remains …

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Trudeau, Zelenskiy stress Ukraine must be included in talks to end war

OTTAWA (Reuters) – Canadian Prime Minister Justin Trudeau and Ukraine’s President Volodymyr Zelenskiy stressed in a call on Thursday that any talks to end the war with Russia must include Kyiv at the negotiating table, the prime minister’s office said. U.S. President Donald Trump is pushing for a quick deal to end the war, alarming …

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Shares drop, gold surges as Trump trades weigh on markets

By Chibuike Oguh and Marc Jones NEW YORK/LONDON (Reuters) – Global equity markets fell while gold prices surged on Thursday, with traders marking one month since U.S. President Donald Trump’s returned to the White House and five years since COVID-19 first rocked world markets. Gold was nearing $3,000 per ounce on concerns Trump will unleash …

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EU’s Kallas warns against Ukraine talks giving in to Russian aggression

By Tannur Anders and Nellie Peyton JOHANNESBURG (Reuters) – European Union foreign policy chief Kaja Kallas said on Thursday that interactions between the United States and Russia showed Moscow had not given up its territorial goals in Ukraine, and that appeasing it would send a dangerous signal. Last week, U.S. President Donald Trump shocked Europeans …

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Germany’s chancellor frontrunner Merz says US could slide into populist instability

BERLIN (Reuters) – Germany’s conservative leader Friedrich Merz said on Thursday the U.S. was at risk of sliding into longer-term authoritarian instability, casting doubt on Washington’s presence for Germany’s 70th NATO membership anniversary in May. The outgoing government of Chancellor Olaf Scholz and likely successor Merz have largely avoided direct public criticism of President Donald …

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