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Citigroup had plans to leave Russia in April 2021 due to a general exit from some overseas markets but took extra measures in March 2022. Actions to facilitate the wind-down of consumer and local commercial banking will start this quarter. "In connection with the wind-down plan announced today, Citi expects to incur approximately $170 million in costs, primarily over the next 18 months, largely driven by restructuring, vendor termination fees and other related charges," the company said in a statement.
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Friday, May 22
The upcoming summit, scheduled for July 7 and 8, is expected to test NATO's unity amid major rifts between the U.S. and other allies.
The news comes after Kyiv dismissed a proposal by Belarusian dictator Alexander Lukashenko to meet President Volodymyr Zelensky amid surging tensions between Ukraine and the Belarusian regime.
(Updated: )
The ministers agreed to hold a second round of consultations regarding Ukraine's Hungarian minority next week.
The Ukrainian military has not commented on the Russian claims on the strike as of the publication time.
The initiative comes as Russia expands a broader recruitment campaign targeting students for its newly created drone units amid mounting battlefield losses in Ukraine.
"Today, Ukraine is bringing home not only an outstanding figure — we are restoring a part of our own historical memory," the statement from the Patriarchal Cathedral of the Resurrection of Christ reads.
"We are bringing the war home to Russia, and this is entirely fair," President Volodymyr Zelensky said on X.
The visit would mark the first known attendance by a representative of a U.S. president's administration at the forum in several years.
Moscow launched 124 drones across Ukraine, 115 of which were intercepted by Ukrainian air defenses, according to the Air Force.
(Updated: )
Businessman Timur Mindich, an Israeli citizen, fled to Israel shortly before he was charged and sanctioned last fall.
The package includes maintenance and modification support, spare parts, repair services, logistics assistance, and technical support for FrankenSAM HAWK systems, the U.S. State Department said.
The number includes 880 casualties that Russian forces suffered over the past day.
Ukraine first began conducting regular strikes on Russian oil refineries in 2023, with strikes growing in both magnitude and frequency since. In the first five months of 2026, Kyiv has recorded 32 strikes, nearly surpassing the total number of refinery strikes recorded in 2024 at 34, the outlet noted.
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