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 > Trump offers to join potential Russia-Ukraine talks in Turkey
    Headlines

    Trump offers to join potential Russia-Ukraine talks in Turkey

    Trump offers to join potential Russia-Ukraine talks in Turkey

    Published by Global Banking and Finance Review

    Posted on May 12, 2025

    Featured image for article about Headlines

    By Tom Balmforth, Yuliia Dysa and Steve Holland

    KYIV/WASHINGTON (Reuters) - U.S. President Donald Trump offered on Monday to join prospective Ukraine-Russia talks in Turkey later this week as European countries pushed to get the Kremlin to accept their demand for a 30-day ceasefire in the war in Ukraine.

    Trump spoke a day after Ukrainian President Volodymyr Zelenskiy, in a fresh twist to the stop-start peace talks process, said he would travel to Istanbul where, he said, he would be waiting to meet Russian counterpart Vladimir Putin.

    Trump told reporters at the White House that talks in Istanbul could be helpful and he might join them on Thursday while in the region. His current schedule has him visiting Saudi Arabia, the United Arab Emirates and Qatar this week.

    "I've got so many meetings, but I was thinking about actually flying over there. There's a possibility of it, I guess, if I think things can happen, but we've got to get it done," he said before departing for his second foreign trip since his second term in the White House began in January.

    "Don't underestimate Thursday in Turkey," he said.

    In response to Trump's remarks, Zelenskiy said in a post on X: "I hope that the Russians will not evade the meeting. And of course, all of us in Ukraine would appreciate it if President Trump could be there with us at this meeting in Turkey." He added that such participation was "the right idea".

    Earlier on Monday, the German government said Europe will start preparing new sanctions against Russia unless the Kremlin by the end of the day starts abiding by a 30-day ceasefire in its war with Ukraine.

    Ukraine's military said Russia had conducted dozens of attacks along the front in eastern Ukraine on Monday as well as an overnight assault using more than 100 drones, despite the ceasefire proposal by Europe and Kyiv.

    "The clock is ticking," a German government spokesperson said at a news conference in Berlin.

    It is not clear though how much impact fresh European sanctions would have on Russia, especially if the United States does not join in as well.

    The leaders of four major European powers travelled to Kyiv on Saturday and demanded an unconditional 30-day ceasefire from Monday. Putin, implicitly rejecting the offer, instead proposed direct Russia-Ukraine talks in Istanbul that he said could potentially lead to a ceasefire. 

    The Kremlin has not responded to that latest proposal. Putin and Zelenskiy have not met since December 2019 - over two years before Russia launched its full-scale invasion of Ukraine - and make no secret of their contempt for each other.

    Responding to the proposal of a ceasefire, Russia said at the weekend it is committed to ending the war but that European powers were using the language of confrontation.

    Ukrainian Foreign Minister Andrii Sybiha said Russia was "completely ignoring" the ceasefire initiative, citing what he said were continued attacks on Ukrainian forces.

    He said he shared information about the continued fighting with European partners and with U.S. Secretary of State Marco Rubio on a joint phone call. The allies had agreed sanctions would be needed to pressure Russia if it snubbed the truce move.

    Russia and Ukraine are both trying to show Trump that they are working towards his objective of reaching a rapid peace in Ukraine, while trying to make the other look like the spoiler to his efforts. 

    FIGHTING CONTINUES

    The Ukrainian military's general staff said that as of 4 p.m. (1300 GMT) on Monday there had been 69 clashes with Russian forces along the front line since midnight, when the ceasefire was to have come into effect.

    The intensity of the fighting was at the same level it would be if there were no ceasefire, said Viktor Trehubov, a spokesperson for the military on Ukraine's eastern front. 

    The Ukrainian air force said Ukraine came under attack overnight from 108 long-range combat drones starting from 11 p.m. (2000 GMT), an hour before the proposed ceasefire was due to kick in. Attacks of this kind unfold over the course of hours as drones fly much slower than missiles. 

    Russia also launched guided bombs at targets in the northeastern Kharkiv region and the northern Sumy region, the air force said, while the Ukrainian state railway company said a Russian drone hit a civilian freight train in the east.

    Kyiv is desperate to unlock more of the U.S. military backing it received from Trump's predecessor, Joe Biden. Moscow senses an opportunity to get relief from a barrage of economic sanctions and engage with the world's biggest economy.

    Europe meanwhile is doing its best to preserve good relations with Trump despite his imposition of tariffs, hoping it can persuade him to swing more forcefully behind Ukraine's cause, which they see as central to the continent's security. 

    (Reporting by Tom Balmforth and Steve Holland; editing by Mark Heinrich)

    Related Posts
    Bondi attack suspects kept to themselves during Philippines stay, hotel staffer recalls
    Bondi attack suspects kept to themselves during Philippines stay, hotel staffer recalls
    UK author David Walliams dropped by publisher after harassment allegations
    UK author David Walliams dropped by publisher after harassment allegations
    Germany removes dividend ban for Uniper, paving way for IPO
    Germany removes dividend ban for Uniper, paving way for IPO
    Golden Goose gets new majority owner as China's HSG buys stake from Permira
    Golden Goose gets new majority owner as China's HSG buys stake from Permira
    Rubio says not concerned about escalation with Russia over Venezuela
    Rubio says not concerned about escalation with Russia over Venezuela
    French government to appeal court ruling on Shein
    French government to appeal court ruling on Shein
    Rome to charge tourists to get close to the famed Trevi Fountain
    Rome to charge tourists to get close to the famed Trevi Fountain
    Court in Brazil's Minas Gerais slaps down Nestle copyright lawsuit
    Court in Brazil's Minas Gerais slaps down Nestle copyright lawsuit
    German court jails man for drugging, raping wife, posting assaults online
    German court jails man for drugging, raping wife, posting assaults online
    Rubio says progress has been made in talks to end war in Ukraine, but still a ways to go
    Rubio says progress has been made in talks to end war in Ukraine, but still a ways to go
    UniCredit issues its first tokenised structured note
    UniCredit issues its first tokenised structured note
    Ukraine starts new round of talks with US,  Kyiv negotiator says
    Ukraine starts new round of talks with US, Kyiv negotiator says

    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

    Turkey finds Russian Orlan-10 drone in northwestern city – interior ministry

    Turkey finds Russian Orlan-10 drone in northwestern city – interior ministry

    Trump said he has no bigger healthcare plans: Obamacare will 'repeal itself'

    Trump said he has no bigger healthcare plans: Obamacare will 'repeal itself'

    NATO sees positive signs Czech ammunition scheme for Kyiv may continue

    NATO sees positive signs Czech ammunition scheme for Kyiv may continue

    Freed Belarus opposition figures Kalesnikava, Babaryka to speak in Berlin on Tuesday

    Freed Belarus opposition figures Kalesnikava, Babaryka to speak in Berlin on Tuesday

    Maersk tests Red Sea route as Gaza ceasefire offers hope

    Maersk tests Red Sea route as Gaza ceasefire offers hope

    Trump envoy Witkoff to meet national security advisers of Ukraine, Germany, France and UK

    Trump envoy Witkoff to meet national security advisers of Ukraine, Germany, France and UK

    Russia's tax proceeds from oil may fall in January to the lowest since 2022, Reuters calculations show

    Russia's tax proceeds from oil may fall in January to the lowest since 2022, Reuters calculations show

    French court rules against Shein suspension over sex doll sales, government to appeal

    French court rules against Shein suspension over sex doll sales, government to appeal

    No drop in military aid to Kyiv since US policy shift, NATO official says

    No drop in military aid to Kyiv since US policy shift, NATO official says

    How is Britain's government doing on its housing targets?

    How is Britain's government doing on its housing targets?

    Cricket-England's Barmy Army earns praise for litter-picking

    Cricket-England's Barmy Army earns praise for litter-picking

    Factbox-What are shipping companies' plans for return to Suez Canal?

    Factbox-What are shipping companies' plans for return to Suez Canal?

    View All Headlines Posts
    Previous Headlines PostEU and Ukraine defence industries need to integrate more, EU commissioner says
    Next Headlines PostForeign investment in Germany fell for the third year in a row in 2024