Editorial & Advertiser disclosure

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Headlines

Can Trump buy Greenland? Russia says Greenland's people should be listened to first

Published by Global Banking and Finance Review

Posted on January 14, 2025

Featured image for article about Headlines

By Dmitry Antonov and Vladimir Soldatkin

MOSCOW (Reuters) - Russia says it has detected a shift from U.S. President-elect Donald Trump and his team towards recognising the "realities" on the ground in Ukraine, and sees this as a welcome sign as it prepares to study his plan for ending the war.

The Kremlin says it is open to a meeting between President Vladimir Putin and Trump, which the Republican said on Monday would take place "very quickly".

Russian Foreign Minister Sergei Lavrov said on Tuesday that Moscow was ready to study Trump's ideas for ending the conflict in Ukraine once he takes office on Jan. 20.

Lavrov told a press conference that Russia welcomed the fact that the incoming administration had "started to mention the realities on the ground" more often. He referred to comments by both Trump and incoming national security adviser Mike Waltz.

Waltz told ABC on Sunday that it was clear the war must end somehow by diplomatic means.

He added: "I just don't think it's realistic to say we're going to expel every Russian from every inch of Ukrainian soil, even Crimea. President Trump has acknowledged that reality, and I think it’s been a huge step forward that the entire world is acknowledging that reality. Now let's move forward."

Russia controls around a fifth of Ukraine after nearly three years of war and says any deal to end the war must take account of that.

(Reporting by Vladimir Soldatkin and Dmitry Antonov; Writing by Mark Trevelyan, Anastasia Teterevleva and Lucy Papachristou; editing by Guy Faulconbridge)