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    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.
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    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

    Posted By Global Banking and Finance Review

    Posted on May 12, 2025

    Featured image for article about Headlines

    MOSCOW (Reuters) - The Kremlin said on Monday that Russian President Vladimir Putin was serious about trying to find peace at talks he has proposed in Turkey but his spokesman said he could say no more about the talks after Ukraine demanded the Kremlin chief attend.

    Putin on Sunday proposed direct talks with Ukraine aimed at ending the war, and, after U.S. President Donald Trump publicly told Ukrainian President Volodymyr Zelenskiy to accept, Zelenskiy said he would but that Putin should attend in person.

    "We are committed to a serious search for ways of a long-term peaceful settlement," Kremlin spokesman Dmitry Peskov told reporters, referencing the failed 2022 talks between Russia and Ukraine.

    Peskov said many leaders had welcomed Putin's approach.

    "This approach, aimed precisely at finding a real diplomatic solution to the Ukrainian crisis, eliminating the root causes of the conflict and establishing lasting peace, has met with understanding and support from the leaders of many countries."

    He cited positive reactions from U.S. President Donald Trump, Turkish President Tayyip Erdogan as well as from countries in the BRICS group and from countries in the former Soviet Union.

    Before reporters could ask any more questions about the proposed talks, Peskov said: "That's all. I've said everything I could about this story."

    Putin and Zelenskiy have not met since December 2019 and make no secret of their contempt for each other.

    Putin's proposal for direct talks with Ukraine came hours after major European powers demanded on Saturday in Kyiv that Putin agree to an unconditional 30-day ceasefire or face "massive" new sanctions.

    Germany's government said on Monday that European countries will start preparing new sanctions on Russia unless the Kremlin by the end of Monday starts abiding by a 30-day ceasefire.

    "The language of ultimatums is unacceptable for Russia, it is not suitable. You can't use such language with Russia," Peskov said when asked about the German and other European warnings.

    (Reporting by Dmitry Antonov; Editing by Mark Trevelyan/Guy Faulconbridge)

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