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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

    By Kanishka Singh

    WASHINGTON (Reuters) - President Donald Trump's special envoy Steve Witkoff and Treasury Secretary Scott Bessent said on Sunday they expected that an agreement would be signed this week on U.S. access to Ukraine's critical mineral deposits.

    Ukrainian President Volodymyr Zelenskiy wavered "in his commitment towards that a week ago," Witkoff said in a CNN 'State of the Union' interview, referring to the Ukrainian leader's rejection of the original U.S. proposal. "The president (Trump) sent the message to him. He's not wavering any more."

    Zelenskiy realized "that we have done so much (for Ukraine) ... and I think you'll see it (the deal) signed this week," continued Witkoff.

    Zelenskiy had previously rejected U.S. demands for $500 billion in mineral wealth from Ukraine to repay Washington for wartime aid, saying the U.S. had supplied nowhere near that sum.

    "The deal will be signed," Bessent said in an interview on Fox News on Sunday, adding he was "hopeful" it will happen in the coming week.

    The Ukrainian president's chief of staff said on Sunday that the next round of negotiations with the United States over a deal will continue.

    Trump has been pushing for a deal to end the war in Ukraine and held separate calls with Russian President Vladimir Putin and Zelenskiy earlier this month.

    Trump's top officials recently met their Russian counterparts in Saudi Arabia in talks that did not include Ukraine. Trump also called Zelenskiy a dictator on Wednesday. Trump has urged the presidents of Russia and Ukraine to work together on ending the war, which began when Russia invaded Ukraine in February 2022. Russia had annexed Crimea in 2014.

    Trump faced criticism domestically and internationally in the past week after he said Ukraine "should have never started" the war before reversing course and saying Russia did in fact invade Ukraine.

    "The war didn't need to happen. It was provoked. It doesn't necessarily mean it was provoked by the Russians. There were all kinds of conversations back then about Ukraine joining NATO. That didn't need to happen. It basically became a threat to the Russians," Witkoff told CNN on Sunday.

    (Reporting by Kanishka Singh and Jonathan Landay; Editing by Tomasz Janowski and Andrea Ricci)

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