State-owned PrivatBank will start international enforcement proceedings to seize the assets of jailed oligarch and President Zelenskiy former business partner Ihor Kolomoisky, after he missed a 43bn court-ordered damages payment.
Russian companies reported profits were down nearly 8% and losses have surged by a quarter in 3Q25 y/y. Financial stress across key sectors in the economy is rising over the first nine months of 2025, according to Rosstat,
Ukraine had rejected three key points in the White House peace plan, which Russia considered crucial, while Russia has agreed to some of the points included in the 28-point peace plan (28PPP), it was reported on November 26.
Bloomberg scored a major scoop yesterday, publishing transcripts of conversations between US Special Envoy to the Middle East Steve Witkoff and Yuri Ushakov, Putin’s top foreign policy advisor, and Russian envoy Kirill Dmitriev
The ongoing discussions on a possible US sponsored peace deal to end the Ukraine war has put fresh pressure on the EU to come up with a solution to Ukraine’s acute funding shortfall.
Conversations involving the two main protagonists drawn up the 28-point peace plan (28PPP) were caught on tape giving damning details of the negotiations that lead up to the release of the plan, Bloomberg reported on November 25.
After the talks in Geneva the 28-point peace plan (28PPP) has been cut to 19 points. But the EU has come up with its own 24-point plan that contains several points that guarantee the Kremlin will reject it.
The media coverage surrounding the US-proposed 28-point peace plan (28PPP) to resolve the Ukrainian conflict is an “informational frenzy,” according to Russian presidential press secretary Dmitry Peskov.
Economies are "getting old before they get rich” as labour shortages, rising pension costs and declining working-age populations take their toll on region.
EU leaders consider some of the 28 points of the American plan for resolving the Ukrainian conflict unacceptable and the number of items on the list has been parred back to 19, the Financial Times reported on November 24.
The Kremlin rejects the European proposals to amend the US sponsored 28-point peace plan (28PPP) that was floated last week in an attempt to bring the war in Ukraine to an end, according to Yuri Ushakov, Putin’s top foreign policy advisor.
Ever since the ceasefire talks kicked off in Riyadh on February 18, the talks between Moscow and Kyiv have been fraught. There has been little common ground over which to start negotiations.
A mystery has emerged over the identity of the authors of the 28-point peace plan floated last week to bring the war in Ukraine to an end. It’s important as the knee-jerk reaction to initial reports is that it is a Kremlin sponsored wish-list.
Top Ukrainian, US and European officials gathered in Geneva on November 23 to try and find compromises to the 28-point peace plan floated the previous week to end the war in Ukraine, which they see as making major concessions to Russia.
Ukraine has become a centre for defence and dual-use technological innovation since the start of the war with Russia, Maria Repko of Kyiv-based think-tank CES tells bne IntelliNews.
One of the proposals in the US 28-point peace plan is that Ukraine reduce its armed forces to 600,000 men. Bankova has already rejected that proposal, but it would still leave Ukraine with the second biggest army in Europe after Russia’s.
The US draft security guarantee for Ukraine included in the mooted 28-point peace plan offers Ukraine unprecedented Article 5-like assurances, the biggest concession to Kyiv in the Trump administration effort to bring the war to an end.
The White House got out its stick and threatened to cut Ukraine off from its intelligence and arms supplies if Bankova rejects a proposed 28-point peace plan floated earlier this week, Reuters reports citing two sources said.
Most of the anglophone coverage of the US 28-point peace plan has been negative, suggesting it is nothing more than a capitulation to Russian aggression. But Russia did make some concessions. Zelenskiy should take the deal.