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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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    Headlines

    Posted By Global Banking and Finance Review

    Posted on May 11, 2025

    Featured image for article about Headlines

    KYIV (Reuters) - Ukrainian President Volodymyr Zelenskiy called on Russia on Sunday to confirm an unconditional ceasefire beginning on May 12, saying Ukraine would then be ready to meet for talks.

    On Saturday, Zelenskiy received the backing of Europe's major powers and U.S. President Donald Trump for an unconditional 30-day ceasefire beginning on Monday. Russian President Vladimir Putin responded early on Sunday with a proposal for direct talks with Kyiv starting on Thursday in Turkey.

    "It is a positive sign that the Russians have finally begun to consider ending the war ... And the very first step in truly ending any war is a ceasefire," Zelenskiy said on X.

    "There is no point in continuing the killing even for a single day. We expect Russia to confirm a ceasefire – full, lasting, and reliable – starting tomorrow, May 12th, and Ukraine is ready to meet."

    Andriy Yermak, Zelenskiy's chief of staff, said on Telegram, first, there had to a ceasefire, "then everything else".

    "Russia should not disguise its desire to continue the war with vague statements."

    (Reporting by Elizabeth Piper; Editing by Emelia Sithole-Matarise and Christian Schmollinger)

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