Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    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.

    Home > Headlines > Ukraine says Russia violating its own 3-day ceasefire, calls it a 'farce'
    Headlines

    Ukraine says Russia violating its own 3-day ceasefire, calls it a 'farce'

    Ukraine says Russia violating its own 3-day ceasefire, calls it a 'farce'

    Published by Global Banking and Finance Review

    Posted on May 7, 2025

    Featured image for article about Headlines

    By Tom Balmforth and Yulia Dysa

    KYIV (Reuters) -Ukraine's foreign minister said on Thursday Russia had repeatedly violated its own 3-day ceasefire hours after it began and called the initiative a "farce", while Moscow said Kyiv had continued fighting.

    There was, though, a drop-off in combat activity after the ceasefire announced by Russian President Vladimir Putin came into force in the early hours of Thursday, with a respite in the drone and missile attacks that had rattled Ukrainian cities earlier this week.

    "Predictably, Putin's 'Parade ceasefire' proves to be a farce," Ukrainian Foreign Minister Andrii Sybiha said on X, referring to the truce which coincides with a May 9 parade on Moscow's Red Square to commemorate the end of World War Two.

    "Russian forces continue to attack across the entire frontline," Sybiha wrote. "From midnight to midday, Russia committed 734 ceasefire violations and 63 assault operations, 23 of which are still ongoing."

    He said Kyiv was notifying the United States and European states about Russia's actions.

    The Russian defence ministry, cited by Interfax news agency, said that Ukraine, in turn, had carried out 488 attacks on Russian targets and twice tried to break through the border in the Kursk region.

    The two sides did not immediately comment on each other's battlefield reports, which Reuters could not independently confirm.

    Ukraine has not committed to abide by the ceasefire, calling it a ruse by Putin to create the impression he wants to end the war, which began when Russia launched a full-scale invasion of Ukraine in February 2022. Putin says he is committed to achieving peace.

    A Ukrainian military spokesman said Russia had continued assaults in several areas on the eastern front and prosecutors said two people had been wounded along with the 55-year-old woman killed by bombs fired at the northern Sumy region.

    Reuters witnesses near the front in eastern Ukraine said on Thursday that they heard around eight rounds of outgoing artillery fire and distant sounds of impacts. In their sector, a small Russian raiding party had tried to advance, but been stopped by Ukrainian drones, they said.

    Overall, the level of activity was well below normal for that part of the front, they said.

    No Russian missiles or drones were recorded in Ukraine's airspace as of 0800 local time (0500 GMT) after the Kremlin-sponsored ceasefire kicked in at midnight, the air force said.

    The Russian ceasefire falls on the 80th anniversary of the World War Two defeat of Nazi Germany, for which Putin is hosting Chinese President Xi Jinping and other leaders ahead of a military parade on Red Square on May 9.

    Ukraine, like the West, marks the anniversary on May 8.

    Ukrainian President Volodymyr Zelenskiy marked the day by taking a rare walk in central Kyiv to pay his respects to fallen Ukrainian soldiers at a vast mound of Ukrainian flags planted on a grassy verge on the central square.

    There was no sign of his security detail in the selfie video he filmed as he passed pedestrians on the city's main drag, at one point pausing to say "hi" as cars tooted their horns and deriding Friday's planned pomp-filled ceremony in Moscow.

    "There will be a parade of cynicism. You simply cannot call it anything else. A parade of bile and lies. As if not dozens of allied states, but Putin personally defeated Nazism," he said.

    Ukraine launched successive drone attacks on Moscow this week, which had forced the closure of airports in the Russian capital and the grounding of airliners.

    UKRAINE WANTS LONGER, 30-DAY CEASEFIRE

    Zelenskiy said on Wednesday that his country stood by its offer to observe a 30-day ceasefire in the war with Russia to give diplomacy a chance but that Russia had not responded.

    "This clearly and obviously demonstrates to everyone who the source of the war is," he said in his nightly video address.

    Zelenskiy's top aide said Ukraine had held online talks with U.S., French, British and German senior officials and discussed ways to pressure Russia into agreeing to a 30-day ceasefire. He did not say when the talks took place.

    In his evening remarks, Zelenskiy appeared to acknowledge the numerous drone attacks that have been targeting Russian sites, including the city of Moscow, as the World War Two commemorations approached.

    "It is absolutely fair that Russian skies, the skies of the aggressor, are also not calm today, in a mirror-like way," he said.

    The U.S. proposed the 30-day ceasefire in March and Ukraine agreed. Russia has said such a measure could only be introduced after mechanisms to enforce and uphold it are put in place.

    Both countries are under pressure from U.S. President Donald Trump to bring a swift end to the war, the biggest conflict in Europe since World War Two.

    Russian Foreign Ministry spokeswoman Maria Zakharova expressed surprise at remarks from U.S. envoy Keith Kellogg that Putin may be obstructing a comprehensive ceasefire.

    "The only obstacle to the ceasefire is Kyiv, which violates agreements and is unwilling to seriously discuss the terms of a long-term ceasefire," Zakharova said.

    (Reporting by Tom Balmforth, Christian Lowe, Elizabeth Piper, Ron Popeski, Oleksandr Kozhukhar; Editing by Philippa Fletcher)

    Related Posts
    US targets former EU commissioner, activists with visa bans over alleged censorship
    US targets former EU commissioner, activists with visa bans over alleged censorship
    Pope Leo 'disappointed' in Illinois governor over assisted dying law
    Pope Leo 'disappointed' in Illinois governor over assisted dying law
    Pope Leo expresses 'much sadness' about Russia refusing Christmas ceasefire
    Pope Leo expresses 'much sadness' about Russia refusing Christmas ceasefire
    Biathlon-Norwegian athlete Bakken dies at 27
    Biathlon-Norwegian athlete Bakken dies at 27
    Ukrainian troops withdraw from eastern town of Siversk
    Ukrainian troops withdraw from eastern town of Siversk
    UK police say comedian Russell Brand charged with two more sex offences
    UK police say comedian Russell Brand charged with two more sex offences
    Louvre museum installs security bars on balcony used in October's heist
    Louvre museum installs security bars on balcony used in October's heist
    UK police drop probe into Bob Vylan comments about Israeli military
    UK police drop probe into Bob Vylan comments about Israeli military
    Citing better cooperation, Montenegro lifts visas for Turkish citizens
    Citing better cooperation, Montenegro lifts visas for Turkish citizens
    CSG will supply trucks to Slovak army under framework deal worth up to $1.2 billion
    CSG will supply trucks to Slovak army under framework deal worth up to $1.2 billion
    EU plans stricter controls on plastic imports to help struggling recyclers
    EU plans stricter controls on plastic imports to help struggling recyclers
    Lebanon denies any army link to Hezbollah after Israeli strike
    Lebanon denies any army link to Hezbollah after Israeli strike

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Headlines

    Explore more articles in the Headlines category

    Biathlon-Norway's Botn turns to Bjoerndalen for help dealing with 'ugly' medical condition

    Biathlon-Norway's Botn turns to Bjoerndalen for help dealing with 'ugly' medical condition

    Italy removes emphatic 'Yes!' from national anthem

    Italy removes emphatic 'Yes!' from national anthem

    Two men found guilty of UK plot to kill hundreds of Jews as IS fears grow

    Two men found guilty of UK plot to kill hundreds of Jews as IS fears grow

    Factbox-Weight-loss drug developers line up to tap lucrative market as competition heats up

    Factbox-Weight-loss drug developers line up to tap lucrative market as competition heats up

    Syria ministers meet Putin to discuss defence, economic cooperation, SANA says

    Syria ministers meet Putin to discuss defence, economic cooperation, SANA says

    Germany deports criminal to Syria as pressure mounts on migration

    Germany deports criminal to Syria as pressure mounts on migration

    Campari's top shareholder regains seized shares after tax deal

    Campari's top shareholder regains seized shares after tax deal

    Israeli defence minister says no plan to resettle Gaza after hinting at one

    Israeli defence minister says no plan to resettle Gaza after hinting at one

    Two CMA CGM vessels navigate the Suez Canal in sign of easing tension

    Two CMA CGM vessels navigate the Suez Canal in sign of easing tension

    Jared Kushner's withdrawal from Serbia will hurt investment, official says

    Jared Kushner's withdrawal from Serbia will hurt investment, official says

    EU broadens industry compensation for emissions regulation costs

    EU broadens industry compensation for emissions regulation costs

    Ukraine's Zelenskiy says several draft documents ready after Miami talks

    Ukraine's Zelenskiy says several draft documents ready after Miami talks

    View All Headlines Posts
    Previous Headlines PostExclusive-Ukraine considers shift from dollar to euro amid geopolitical realignments
    Next Headlines PostBlack smoke signals no pope elected at first conclave vote