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 > With Xi at his side, Putin marks WW2 victory as Ukraine war grinds on
    Headlines

    With Xi at his side, Putin marks WW2 victory as Ukraine war grinds on

    With Xi at his side, Putin marks WW2 victory as Ukraine war grinds on

    Published by Global Banking and Finance Review

    Posted on May 8, 2025

    Featured image for article about Headlines

    By Dmitry Antonov and Guy Faulconbridge

    MOSCOW (Reuters) -Russia marked the 80th anniversary of the Soviet Union's victory over Nazi Germany in World War Two on Friday with a major military parade that went off without any reports of Ukrainian attacks despite three years of devastating war.

    President Vladimir Putin, the longest-serving Kremlin chief since Josef Stalin, stood beside China's Xi Jinping, several dozen other leaders and Russian veterans on a roofed tribune beside Lenin's mausoleum as Russian troops marched past.

    Putin said Russia would never accept attempts to belittle the Soviet Union's decisive role in defeating Nazi Germany, but that Moscow also recognised the part played by the Western allies in defeating Adolf Hitler.

    "The Soviet Union took upon itself the most ferocious, merciless blows of the enemy," Putin said.

    "We highly appreciate the contribution of the soldiers of the Allied armies, the members of the resistance, the courageous people of China, and all those who fought for a peaceful future to our common struggle."

    Putin made no criticism of the West and referred only in passing to the Ukraine war, Europe's deadliest since World War Two, but it haunted the celebration.

    More than 11,500 troops were lined up in ranks on Red Square, including 1,500 who have fought in Ukraine. Drones - the biggest technological innovation of the war - were paraded for the first time, as well as tanks and intercontinental Yars missiles capable of carrying nuclear warheads.

    Ukraine attacked Moscow with drones for several days this week, though there were no reports of major attacks on Moscow on Friday amid a 72-hour ceasefire declared by Putin.

    The Soviet Union lost 27 million people in World War Two, including many millions in Ukraine, but pushed Nazi forces back to Berlin, where Hitler committed suicide and the red Soviet Victory Banner was raised over the Reichstag in 1945.

    Chinese Communist Party historians say China's casualties in the 1937-1945 Second Sino-Japanese War were 35 million. The Japanese occupation caused the displacement of as many as 100 million Chinese people and significant economic hardship, as well as the 1937 Nanjing Massacre, during which an estimated 100,000 to 300,000 victims were killed.

    Moscow and Kyiv do not publish accurate casualty numbers for the war in Ukraine, though U.S. President Donald Trump, who says he wants peace, says hundreds of thousands of soldiers on both sides have been killed and injured.

    MOSCOW PARADE

    Nazi Germany's unconditional surrender came into force at 11:01 p.m. on May 8, 1945, marked as "Victory in Europe Day" by Britain, the United States and France. In Moscow it was already May 9, which became the Soviet Union's "Victory Day" in what Russians call the Great Patriotic War of 1941-45.

    For Russians - and for many of the peoples of the former Soviet Union - May 9 is the most sacred date in the calendar, and Putin has sought to use memories of World War Two to unite Russian society, especially amid the war in Ukraine.

    The Kremlin says the attendance of Russian allies such as Xi, Brazilian President Luiz Inacio Lula da Silva and several dozen leaders from the former Soviet Union, Africa, Asia and Latin America shows Russia is not isolated even if Moscow's former WW2 Western allies want to stay away.

    Chinese troops took part in the parade, and Putin shook hands with North Korean officers, praising them for their fighting skill. North Korean troops have helped Russia fight an incursion into its western Kursk region by Ukrainian forces seeking a bargaining chip in any peace talks.

    Trump on Thursday called for a 30-day unconditional ceasefire between Russia and Ukraine, and said that if the truce was not respected then "the U.S. and its partners will impose further sanctions."

    Putin proposed a 72-hour ceasefire that would run on May 8, May 9 and May 10, though Ukraine said Russia had broken the ceasefire, a claim dismissed as absurd by Moscow.

    In Kyiv, Ukrainian President Volodymyr Zelenskiy called on allies to help it resist Russia, which now controls about a fifth of Ukraine.

    "Evil cannot be appeased. It must be fought," Zelenskiy said, according to the Kyiv Post. He criticised Moscow's Victory Day parade. "It will be a parade of cynicism. There is just no other way to describe it. A parade of bile and lies."

    (Reporting by Dmitry Antonov in Moscow and Guy Faulconbridge in London,Additional reporting by Vladimir Soldatkin, Maxim Rodionov, Anton Kolodazhnyy, Filip Lebedev, Mark Trevelyan and Andrew Osborn Editing by Philippa Fletcher)

    Related Posts
    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 orders Shein to verify age for adult products, rejects government suspension request
    French court orders Shein to verify age for adult products, rejects government suspension request
    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?

    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

    Previous Headlines PostPope who? Election of first US pontiff stuns St. Peter's crowd
    Next Headlines PostTrading Day: Tariff tensions cool, markets sizzle

    More from Headlines

    Explore more articles in the Headlines category

    Big central banks signal rate-cut cycle is ending

    Big central banks signal rate-cut cycle is ending

    Embraer's Eve makes maiden flight of 'flying car' prototype

    Embraer's Eve makes maiden flight of 'flying car' prototype

    Markets quietly welcome EU shift to joint borrowing for Ukraine loan

    Markets quietly welcome EU shift to joint borrowing for Ukraine loan

    Putin promises to look into case of jailed Frenchman Laurent Vinatier

    Putin promises to look into case of jailed Frenchman Laurent Vinatier

    Presses fall silent after mobs torch offices of Bangladesh's top newspapers

    Presses fall silent after mobs torch offices of Bangladesh's top newspapers

    Ukraine can advise Poland on drone defence, Zelenskiy says in Warsaw

    Ukraine can advise Poland on drone defence, Zelenskiy says in Warsaw

    French government calls for Christmas truce in farmer protests

    French government calls for Christmas truce in farmer protests

    Macron says Europe will need to engage with Putin if US peace talks fail

    Macron says Europe will need to engage with Putin if US peace talks fail

    ECB's Santos Pereira: inflation at target, rate moves to hinge on economy

    ECB's Santos Pereira: inflation at target, rate moves to hinge on economy

    Putin says Trump is right to sue BBC over speech edit

    Putin says Trump is right to sue BBC over speech edit

    Rogue texts, aliens and a marriage proposal - welcome to Vladimir Putin's phone-in

    Rogue texts, aliens and a marriage proposal - welcome to Vladimir Putin's phone-in

    Prince Harry and Meghan to revamp Archewell charitable arm

    Prince Harry and Meghan to revamp Archewell charitable arm

    View All Headlines Posts