The U.S. Treasury and State Departments have quietly urged large banks, including JPMorgan and Citigroup, to keep doing business with some strategic Russian firms, Bloomberg reported, citing unnamed sources familiar with the matter.
According to Bloomberg, the effort signals the Biden administration is looking to strike a balance between hindering Russia's invasion of Ukraine and avoiding adverse impacts of sanctions designed to punish Russia for the war.
The Russian strike took place at approximately 8:00 a.m. local time, resulting in the hospitalization of 16 people, two of whom suffered serious injuries.
Vladislav Vlasiuk, the president's representative on sanctions policy, said the latest sanctions are "100% synchronized" with U.S. restrictions.
The Yenisei radar station is used not only in Russia's S-500 air defense system but also as part of the S-400 system.
Russian forces launched 47 Shahed-type drones and decoys, as well as two Iskander-K missiles against Ukraine overnight, according to Ukraine's Air Force.
The day before, Donald Trump claimed that peace talks between Moscow and Kyiv would likely involve "some swapping of territories."
The number includes 940 casualties Russian forces suffered just over the past day.
Ukrainian, U.S., and European senior officials are set to meet in the U.K. ahead of U.S. President Donald Trump's planned summit with Russian President Vladimir Putin next week, Axios reported on Aug. 8, citing three sources with knowledge of the plans.
The news comes as the U.S. president is set to meet Russian President Vladimir Putin for a high-level summit on Aug. 15 in Alaska to discuss ways toward ending the war in Ukraine.
"For more than 35 years, Armenia and Azerbaijan have fought a bitter conflict that resulted in tremendous suffering for both nations… Many tried to find a resolution… and they were unsuccessful. With this accord, we’ve finally succeeded in making peace," U.S. President Donald Trump said.
Russian President Vladimir Putin introduced a sweeping proposal for a ceasefire in Ukraine during a meeting with U.S. envoy Steve Witkoff, offering a halt in hostilities in exchange for Ukraine's eastern regions, the Wall Street Journal (WSJ) reported on Aug. 8, citing European and Ukrainian officials.
"It is legitimate and lawful for China to conduct normal economic, trade and energy cooperation with all countries around the world, including Russia," China's Foreign Ministry said in response to question about Russian oil purchases posed by Bloomberg. "We will continue to adopt reasonable energy security measures in accordance with our national interests."
"The highly anticipated meeting between myself, as President of the United States of America, and President Vladimir Putin, of Russia, will take place next Friday, August 15, 2025, in the Great State of Alaska," Trump wrote on Truth Social, adding that "further details will follow."
Russian President Vladimir Putin presented the Order of Lenin award to U.S. envoy Steve Witkoff to pass along to a senior CIA official whose son died fighting for Russia in Ukraine, CBS News reported on Aug. 8.
U.S. President Donald Trump told reporters on Aug. 8 that a potential peace deal between Moscow and Kyiv would likely include "some swapping of territories," as Trump prepares to hold a summit with Russian President Vladimir Putin next week.
The EU Council approved a regular tranche payment of 3.2 billion euros ($3.7 billion) under the Ukraine Facility mechanism on Aug. 8, a smaller amount than initially planned due to Kyiv's failure to complete key reforms.
