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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 February 23, 2025

    Featured image for article about Headlines

    MOSCOW (Reuters) - Russian and U.S. teams plan to meet this week to discuss improving relations after the war in Ukraine had pushed ties to the worst level since the depths of the Cold War, a senior Russian start diplomat said on Sunday.

    With Russian forces having advanced last year at the fastest rate in Ukraine since the start of the 2022 invasion, U.S. President Donald Trump has said he wants to deliver a peace deal to end the war which he says has killed vast numbers of people.

    Trump and President Vladimir Putin spoke on February 12 about improving relations and ending the war, and U.S. and Russian officials met in Riyadh on February 18 to that end.

    Russian Deputy Foreign Minister Sergei Ryabkov, Moscow's point man for relations with the U.S., said that a meeting at the level of departmental heads would take place at the end of the week.

    "We are open to contacts with the American side, in particular, on irritants in bilateral relations," Ryabkov was quoted as saying by state news agency TASS.

    "We are waiting for real progress when the meeting scheduled for the end of the coming week takes place."

    Trump has repeatedly said that he believes Putin and Ukrainian President Volodymyr Zelenskiy want to do a deal.

    Trump said on February 12 that it was not practical for Ukraine to get NATO alliance membership and that he had seen support for U.S. Defense Secretary Pete Hegseth's statement that Ukraine will not realistically return to its 2014 borders.

    As the war enters its fourth year, Russia controls nearly one fifth of Ukraine - or an area about the size of the U.S. state of Ohio - including Crimea which Russia annexed in 2014, about 75% of the Donetsk, Zaporizhzhia and Kherson regions and more than 99% of the Luhansk region.

    Russia says the land it controls is now Russian land under Russian law and the Russian nuclear umbrella, a position Ukraine and its Western European backers have said they will never recognise or accept.

    Last June, Putin set out his terms for an end to the war: Ukraine must officially drop its NATO ambitions and withdraw troops from the entirety of the territory of the four Ukrainian regions claimed and mostly controlled by Russia.

    (Reporting by Reuters; editing by Guy Faulconbridge)

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